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Punjab launches Rs6b scheme for rice productivity
Project will promote mechanisation, certified seeds, responsible use of pesticides
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Cement sales expand 20% in FY21
Construction package, progress on Naya Pakistan Housing Scheme aid growth
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Govt to help G-B meet certification requirements
Minister says region will be turned into hub of organic food production
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Auto financing hits all-time high
Consumer appetite to purchase cars financed by banks grows due to low interest rate
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Market watch: Inflation hike fuels market’s fall
Benchmark KSE-100 index sheds 114.39 points to settle at 47,686.18
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Oil prices fall after OPEC+ extends supply talks
OPEC+ meeting again on Friday after UAE opposed proposals and demanded higher quota
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Tabiyat.PK, Colgate-Palmolive ink deal
Tabiyat.PK, Colgate-Palmolive ink deal
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PRA surpasses collection target
PRA surpasses collection target
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Inflation in FY21 exceeds expectations
Average rate clocks in at 8.9% during FY21, according to Pakistan Bureau of Statistics
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Priority sectors export strategy on cards
Plan will help Pakistan achieve trade growth ambition
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SBP reserves rise $13m to $16.1b
Central bank cites no reason for increase
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Exports rise to record high of $25.3b
PM aide praised exporters for achieving feat despite difficulties at home, abroad
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Saudi envoy for highlighting Pakistan’s potential
Says Riyadh is keen to deepen commercial, investment cooperation with Islamabad
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Cabinet eases rules for wheat import
Exempts import of 3m tons from purview of PPRA rules in larger national interest
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Foreign exchange: SBP reserves rise $13m to $16.1b
Central bank cites no reason for increase
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Market watch: Bulls dominate first session of FY22
Benchmark KSE-100 index rises 444.55 points to settle at 47,800.57
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Oil climbs while OPEC+ considers output increase
Group of oil producers mulling over adding 2m bpd to market between Aug and Dec 2021
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Oil refining policy to be presented to cabinet soon
Senate panel told policy will attract huge investment in refining sector
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Punjab to set up Auto Parts Technology Park
Will facilitate auto sector in product design, parts manufacturing and testing
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Despite Covid impact, rupee stays strong vs dollar
Pakistani currency strengthened 6.2% to stand at 157.54 at end of FY21
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PSX gives 38% return on investment
Market expected to maintain growth momentum in new fiscal year
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Government to remove PECO MD, board
Tussle between the two parties made company dysfunctional
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Govt frees AWT from income tax
Tarin says trust was inserted through separate amendment, was okayed by house
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Market watch: PSX winds up FY21 on positive note
Benchmark KSE-100 index rises 218.25 points to settle at 47,356.02
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Oil steady as US stockpiles fall, OPEC warns of possible 2022 glut
Both contracts set to record their seventh monthly gain in past eight months
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World Bank approves $800m loan
Funds will help government finance budget deficit
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Rupee strengthens against dollar
Closes at Rs157.74 in the inter-bank market
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United Airlines places biggest jet order`
Order will boost United’s seating capacity across its domestic network by almost 30%
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EU eyes wider use of tech by banks
Banks’ increasing dependence on ‘RegTech’ technology to automate fraud checks
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Prime minister to visit Uzbekistan in July
Tashkent can prove to be Pakistan’s gateway to Central Asian region
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Mobile number to be used as account number
SBP aims to simplify banking to expand it to financially excluded people
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IT ministry preparing strategic 5G roapmap
Secretary says ICT sector has made landmark achievements
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NEPRA not consulted on LNG terminal closure
Regulator likely to slash power tariff by Rs0.28 per unit for May on account of fuel adjustment
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OPEC bullish on oil market recovery
Producer group also sees coronavirus variants posing a risk to the recovery
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Terminal firm blamed for dry-docking
Energy ministry says old FSRU was installed at terminal which has now been shut down for seven days
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Cabinet proposes land auction
Housing and Works Division suggested using land to build apartments for federal employees
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Firms raise over Rs80b at PSX
Number of IPOs soars to 14-year high during the year
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Govt jacks up petrol price by Rs2 per litre
Price of high-speed diesel also increased by Rs1.44 per litre
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Ogra seeks major hike in fuel prices
PM to make final decision that will be announced today
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Oil edges up as demand hopes overshadow rise of Covid-19 variant
Market expects vaccine rollouts to brighten demand outlook
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Market watch: Budget approval lifts KSE-100 upward
Benchmark index rises 135.42 points to settle at 47,137.77
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Pakistan, IDB sign $4.5b oil deal
Three-year facility will provide financing for oil and gas imports
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Rupee weakens against dollar
Closes at Rs158.2 in the inter-bank market
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Govt eyes Rs53.5b spending
Earmarks Rs12 billion for the agriculture sector in the budget for 2021-22
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Oil falls 2% on rising Covid-19 cases
Brent futures fell $1.5, or 2%, to settle at $74.68 a barrel
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Businessmen reject gas supply suspension
Cite mismanagement, incompetence as prime reasons behind the issue
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SNGPL suspends gas supply to industry
Will cut supply to LNG-based fertiliser plants, cement, CNG and non-export industries from June 29
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MG Motors organises EV test drive
Vehicle is equipped with advanced driver guidance systems and cruise control adaptive technology
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Expert suggests electricity market similar to PSX
Says it can resolve circular debt issue within an hour
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63% of Pakistanis see rise in fuel, power prices
According to survey, many people remain sceptical about getting any benefit from budget