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Rupee continues to sink
Falls nearly Rs2 owing to IMF programme uncertainty
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ECC approves Rs68.7 billion grant
Funding aimed at paying cost of providing petroleum products at subsidised rates
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Another power tariff hike on the cards
CPPA-G seeks Rs3.16 per unit hike on account of fuel cost adjustment
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FDI flow turns negative in March
Investment drops $30m as political instability plays on minds of investors
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PSO’s receivables cross Rs500 billion
In first nine months of FY22, company’s receivables surged 42%
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Crypto industry steps up efforts
crypto businesses asked policymakers to ensure their regulations
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China likely to lower lending rates
Beijing cautiously eases monetary conditions to aid an economy hit by coronavirus
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Market watch: Stocks extend losses amid selling pressure
Benchmark KSE-100 index drops 206.23 points to settle at 46,333.36
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Country braces for worst diesel shortage
Experts say govt can avoid crisis if it clears price differential claims of Rs60b
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Oil rises as Libya outages add to Russia supply fears
Concerns of deeper supply losses loom in market
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Morocco sees rise in subsidies spending to $3.2b
The government earmarked 17 billion dirhams for subsidies in the budget
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Sri Lanka fuel prices up ahead of IMF talks
Petrol prices have increased 90%, diesel rates soared 138%
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China to step up financial support for Covid-hit industries
Beijing’s economy slowed down in March as consumption, real estate were hit hard
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World Bank planning new $170b crisis fund
Crisis response envelope will help countries deal with surging inflation
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Russia flags further interest rate cut
Looks for more budget spending to help economy adapt to biting sanctions
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Rs7.6b interest-free loans disbursed
Only 15% of target reached as banks adopted ‘go-slow’ strategy after political change
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Rupee snaps seven-day winning streak
Falls nearly Rs1 due to IMF programme uncertainty
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‘Diamer-Bhasha dam to serve as lifeline for future’
Businessmen lament growing water scarcity in Pakistan
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Private sector borrowing sustains growth
Loans to new sectors such as leather, electric and electronics goods tick up
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Market watch: Stocks lose all gains on profit-taking
Benchmark KSE-100 index sheds 61.95 points to settle at 46,539.59
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Early elections only way to save economy
Only leadership with political capital can rescue economy from the abyss
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Budget: make-or-break moment
Debt management a crucial issue particularly amount due in short term
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Way forward for reviving economy
Pakistan must try to get out of FATF grey list as it costs economy $10b annually
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No time for economic mourning
Politicians should put emphasis on economic supremacy, ensure people’s prosperity
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Sorghum cooperation: a new milestone in CPEC
Experts call commodity ‘the camel of crops’ based on its numerous excellent qualities
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FBR falls short of POS target
Till March, it integrated less than 4,500 businesses with system
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Crisis-hit Sri Lanka halts share trading as protests spiral
Colombo to begin negotiating IMF program on Monday
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Trucking firms end strike in Argentine
Protests had paralysed farming exports of country
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Virus resurgence threatens China’s growth
Policymakers set lowest annual GDP target in decades for 2022
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Ukraine limits exports of food staples
The railway company was not available for immediate comment
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Rupee strengthens against dollar
SBP has injected $1.2 billion into the inter-bank market to defend the rupee in the ongoing fiscal year
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Oil imports remain high in March
Spike 68% on year-on-year basis due to uptrend in international market
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Mobile firms look towards AI for innovation
Companies enhance privacy in their models to amass larger share in market
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Buyers agree to pay in roubles
Putin has warned Europe it risked having gas supplies cut unless it pays in the Russian currency
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CTO offers help to businessmen
CTO would try to develop a liaison mechanism with ICCI to address the hardships of taxpayers
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Pakistan seeks agricultural cooperation with China
Envoy says country focusing on corporate farming, new seed development to enhance crop yield
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Current account deficit likely to hit $20 billion
Sources also rejected the PTI’s claims of collecting taxes worth of Rs6.1 trillion in 2022
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Stock market stages record surge
Posts two-year high return owing to rupee appreciation, lofty remittances
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Asian markets drop after Wall Street retreat
Russia’s invasion of Ukraine adds to uncertainty about global economic recovery
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BMW CEO warns against electric-only strategy
Stresses there is still market for combustion engine cars
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SPI decreases 0.68%
prices of 17 items rose in a selected basket of goods
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Russia may be in default, says Moody’s
Moscow made payment on two sovereign bonds in roubles rather than dollars
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Rupee strengthens against dollar
SBP has injected $1.2 billion into the inter-bank market to defend the rupee in the ongoing fiscal year
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Oil firms secure injunctions to stop protests
Environmental groups such as Extinction Rebellion and Just Stop Oil have been staging daily protests in London
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Sesame seed exports to China surge 190%
Beijing-Islamabad trade increases after free trade agreement
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Covid curbs spark shipment delays
Shanghai approaching third week of lockdown, shows no sign of reopening
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E-banking shows rapid growth in Q2
Digital banking transactions grow 10.7% in volume, 22.8% in value
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People suffer as gas crisis persists
Businessman blames political chaos, saying shortage causing losses to industries
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Big industries output rise 8.6%
Economic headwinds may slow pace of growth in remaining period of FY22
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Traders call for formation of barter trade body
Say Afghanistan has already established its committee













































