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Gold prices hit record high in global, local markets
The international bullion rate rose by $31 per ounce, taking the price to $3,052, its highest level to date
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IMF allows Pakistan to cut power tariff
The development comes days after Pakistan and the IMF reached a staff-level agreement
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Robinhood expands into private banking for retail users
New services aim to democratize access to financial advice, estate planning, and exclusive perks
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Economic growth stagnant at 1.7%
Agri and industry sectors face challenges, services best-performing sector
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Trump considers tariff reductions to secure TikTok deal
President open to negotiations as deadline approaches for ByteDance.
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Bourse cheers IMF staff-level agreement
Index jumps 1,139 points as $1.3b climate facility, Reko Diq prospects lend support
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'Port Qasim land to be used for industry'
Minister says process for Denmark's $2b investment in Pakistan's port sector is underway
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Growers get training in climate-smart farming
Programme will ease impact of global warming, strengthen agri-resilience
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FinMin stresses inclusive, equitable globalisation
Calls global economic system unequal that disproportionately benefits rich nations
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Telecom sector seeks tax break
Calls for withholding tax relief in budget for 2025-26, policy reforms
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Sesame seed exports to China surge 180%
Pakistan exported 22,740 metric tonnes of sesame seeds worth $28.27 million in January and February 2025
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How is this 'controlled inflation'?
Experts, citizens question govt claims of stability, low inflation figures as food prices continue to soar
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Consumers set to enjoy 30 paisa tariff cut
NEPRA puts off decision, will make announcement after data scrutiny
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Govt borrows Rs1.67tr via T-bills
Strong demand in PIB, MTB auctions; SBP FX interventions $5.52b from Jun'24 to Dec'24
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PSX rallies as Pakistan reaches staff-level agreement with IMF
KSE-100 Index hit intraday high of 118,220 points—up 1,588 points; closing at 117,772 points, marking a 1% daily gain.
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Govt slashes March inflation forecast
Outlook in key sectors remains unclear as economic concerns persist
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OGDC raises funding for Reko Diq project
Approves $627m following completion of updated feasibility study
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Govt approves Rs1.3tr mega projects
Infrastructure projects see cost hikes; allocation exceeds annual budget
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Pakistan, IMF reach staff-level agreement on EFF review and new $1.3b RSF fund
IMF and Pakistan have reached an agreement for economic reforms and climate resilience funding, totaling $1.3 billion.
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'Green tractor scheme hurting industry'
PAAPAM calls for structured subsidies to stabilise market
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PSX recovers from previous sharp sell-off
IMF's conditional nod for circular debt plan drives index up by 193 points
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Govt measures help curb smuggling
Oil industry disagrees, saying illegal sales of Iranian fuel have started rising again
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Meeting discusses SMEDA restructuring
Focuses on increasing private sector role, reducing govt control
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Gold down on lacklustre market movement
Declines Rs800 per tola while rupee depreciates 5 paisa to 280.42 against greenback
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OGDCL approves $627m funding for Reko Diq project
The decision follows an updated feasibility study, which outlines a 37-year mine life split into two phases.
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Pakistan sees drop in gold prices ahead of Eid amid global decline
Gold prices saw a decline on Tuesday, both in the international market and locally in Pakistan
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IPP deals to result in thin tariff cut
Govt estimates reduction of Rs0.50 following revised deals with seven IPPs
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Chinese EV giant BYD surpasses rival Tesla
Reports record revenue of over $100b for 2024
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Airbus, Boeing eye fast output for future jets
Study 100 jets/month, research new materials including thermoplastic for next planes
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Turkiye, Denmark to support climate fight
Musadik Malik discusses carbon credit projects, climate resilience
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'Govt-private sector collaboration key to industrial growth'
The discussion focused on restoring business confidence and facilitating ease of doing business in Pakistan
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Zimbabwe for unlocking new business opportunities
Enovy says both sides should capitalise on each other's strength
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Stocks slump on profit-taking
Index plunges 2,000 points over institutional selling, IMF's policy concerns
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Gold prices range-bound amid selling pressure
Inch up Rs600 to Rs318,600/tola on global volatility while rupee slips 11 paisa to 280.37/$
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Scams, overcharging hamper e-transactions
Experts say e-commerce, quick commerce, and fintech are driving growth but require monitoring to curb fraud
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Better infrastructure management sought
Traders complain about unregulated road digging in Sindh cities
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Pakistan, Egypt seek investment avenues
Both sides explored opportunities to boost trade in key sectors
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Govt moves to activate Tax Policy Office in line with IMF condition
Ministry of Finance has announced that applications can be submitted through the National Job Portal until April 6.
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FBR extends sales tax return deadline to March 27
FBR confirms extension via notification under Section 74 of Sales Tax Act and Section 43 of Federal Excise Act.
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Gold prices in Pakistan up by Rs600 per tola
The price of gold in the international bullion market rose by $5 per ounce.
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KSE Index falls more than 2,000 points as week begins bearishly
The PSX reached its highest point at 118,797.70 during intra-day trading.
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Hidden costs of solar energy
How unchecked net metering is driving up tariffs and threatening the power sector
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New era of business education
With technology evolving at rapid pace, business schools must keep up
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Taxation of digital assets: challenges and way forward
Given high adoption of cryptocurrencies, there is significant potential for revenue collection
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Growing the economy without debt rollovers
Sustainable growth requires strategic vision, not temporary fixes
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Deepening Global South cooperation
Financiers agree on greater role in world's development, bridging tech gaps
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Pakistan, IMF agree on tariff cuts
Average tariffs to drop 43% over five years, opening economy to competition
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CEOs for scrapping carbon price system
System aims to reduce pollution by giving financial incentive to heavy industry