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OECD sees higher world GDP growth
Also warns of headwinds as not enough vaccines are reaching emerging economies
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Farmers reject new Sugar Act
Lobbies warn Sugar Factories Amendment Act 2021 will damage economy
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OCAC warns of congestion at Karachi ports
Says entire energy supply chain may be disrupted due to unavailability of Oil Pier-1
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Global economic recovery needs green focus
Top officials agree to promote public-private partnerships to battle climate change
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Delay in delivery of cars worries parliamentarians
EDB official briefs NA panel on new entries in auto sector
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Pakistan’s REER hits three-year high in April
High reading suggests exports are at risk of losing competitiveness
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FBR needs Rs790b to achieve target
Authority has collected Rs4.17tr during July-May period of outgoing fiscal year
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World stocks set for fourth month of gains
MSCI’s index of world stocks mark longest monthly rising streak since Aug 2020
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Market watch: Stocks stage smart rally on policy rate status quo
Benchmark KSE-100 index skyrockets 770.05 points to close at 47,896.34
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Oil trades near $70 a barrel on improving demand outlook
Both contracts on track for second monthly gain
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What NEPRA can do?
By revising IGCEP and making schedule adjustments for projects, it can play constructive role
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Sustaining poverty reduction
With Covid-19, IMF says poverty rate in Pakistan is predicted to increase to 40%
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Potential priorities of new energy minister
To develop at fast pace, competent human capital and effective governance structure are essential
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Economy growing but concerns remain
Remittances may not continue to grow at same pace in next fiscal year
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Pakistan losing revenue due to tax evasion
Report identifies five sectors hampering overall development
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Govt urged to focus on agri-sector
Farmers emphasise on improving practices and agriculture landscape
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Indian automaker expects sales to rebound in 2 years
CEO says slow pace of vaccinations could hurt recovery prospects
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IATA chief pours cold water on Airbus output increase
Says there is huge disconnect between what manufacturers say and what airlines decide
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Status quo in interest rate irks traders
Business community demands reduction in policy rate to 3%
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PSX ends historic week in green
Posts record high volumes in two successive sessions on back of positive developments
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OMCs reluctant to uplift furnace oil
Move may trigger another oil crisis as refineries forced to cut production
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Brokerage house expects 4.6% growth
Projects GDP higher than govt’s estimate for FY21 on back of booming LSM sector
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Withdrawal of value added tax stressed
Traders say it will provide level playing field to importers, industry
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G-B to benefit from CPEC investment
China’s Challenge Group signed an accord with the Gilgit-Baltistan government
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LCCI official demands govt support
LCCI official demands govt support
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Govt to allocate Rs55b for CPEC
Proposed budget far less than funds needed to finance Rs1.6-tr portfolio
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NEPRA report shows improvement in K-Electric, NTDC
Says voltage violations and low voltage profile remain key issues
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Uplift schemes may get Rs1.9tr
Budget raised amid concerns over growing size of unfunded schemes
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Pakistan, Russia sign amended gas pipeline deal
Flagship energy project will enhance bilateral cooperation in hydrocarbon sector
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Trade promotion key for economic revolution
Minister assures businessmen of full support to increase exports
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Modern technology required for growth
Punjab minister says use of technology being ensured to enhance farm productivity
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KSE-100 hits near 4-year high
Benchmark index rises 335.54 points to close at 47,126.29
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Yarn traders demand removal of duties
Also seek marked reduction in turnover tax
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SBP keeps policy rate unchanged at 7%
Hints at maintaining rate at current level in its next monetary policy statement
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SNGPL probes alleged favours given by director
Board chairperson says Aqeel is facing corruption allegations; forensic audit will be conducted
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Secretary replaced before budget
Government appoints fifth finance secretary in past around three years
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Market watch: KSE-100 touches near 4-year high
Benchmark index rises 335.54 points to close at 47,126.29
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GDP growth estimate for next fiscal year set at 4.8%: Asad Umar
PSDP has been increased from Rs650 billion to Rs900, says planning minister
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Oil inches up on upbeat demand outlook
Brent, WTI on track to post weekly gains of 5% and 6% respectively
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Monetary policy: SBP keeps interest rate unchanged at 7%
Announcement in line with market expectations
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PTA gets Rs15.82b from telecom companies
Telenor and Jazz pay second instalment of license renewal fee
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Business community offers help
Business community offers help
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Rupee weakens against dollar
Rupee weakens against dollar
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Most analysts expect no change in policy rate
Some expect appointment of new finance minister to impact politico-economic landscape
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Beverage industry decries high taxes
Says levies spark inflationary pressure, discourage consumers
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OGDCL not consulted in new LPG policy
Company lodges protest with Petroleum Division over not being taken on board
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‘Private sector can foster innovation’
IFC report says Pakistan’s untapped potential can be realised through key policy actions
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Rs330b subsidy proposed for power
Tarin supports proposal to give subsidised energy to five export sectors
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Trading volumes soar to fresh peak at PSX
Trading volumes soar to fresh peak at PSX
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Market watch: Volumes soar to new peak at PSX, but index falls
Benchmark KSE-100 index slips 21.56 points to close at 46,790.75