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Rs23.57/kWh tariff for EV charging stations approved
Dissenting NEPRA member questions fairness of burdening general consumers to promote electric vehicle use
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CCP warns of Rs75m fine on illegal agreements
Exemption applications submitted to the CCP are evaluated using the criteria in Section 9 of the Act.
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Textile sector seeks policy interventions
Govt working on regional tariff parity, framework for tax rationalisation
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Govt nears completion of fisheries policy
A final consultative workshop is planned for June in Islamabad
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After Tajir Dost flop, 1% levy proposed
Tola Associates suggests tighter cash limits, discouraging rupee devaluation
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Gold prices rise in Pakistan amid global market surge
Gold price per tola rose to Rs354,100 in the local market, mirroring the upward trend in the global market
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Reduction in duties on vehicles rejected
Automaker cites risks to industry from tariff rationalisation
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SBP injects record Rs12.82 trillion
Indirectly finances fiscal deficit amid IMF restrictions; gold rises to Rs351,000/tola on tariff fears
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New onshore block awards deepen ties with Turkiye
Turkish petroleum awarded stakes in Balochistan, Sindh blocks
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Budget delayed by a week
Govt mulls higher petroleum levy, faces IMF pushback on PSO debt plan
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Ceasefire brings no relief for exporters
Uncertainty, tariffs, and misinformation keep trade sector in crisis mode
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Weekly inflation eases 0.29%
Food, energy price drops bring down SPI, year-on-year index jumps 1.35%
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Budget uncertainty keeps PSX restrained
KSE-100 falls 50 points as IMF tax proposals weigh on investor sentiment
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Tribunal overturns ruling in sugar case
Appellate forum orders fresh hearing, sets aside Rs44b penalty
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PAC body seeks special audit of training funds
Slams Petroleum Division for misuse of money by officials who spent it on foreign trips
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Ghee millers demand payment of Rs13b dues
Utility Stores Corp fails to pay for products supplied by millers
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Govt to present 2025-26 budget after Eidul Adha
The Pakistan Economic Survey 2024–25 is set to be released on June 9, says adviser to FM
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Gold prices rise again in both local and international markets
The price of 10 grams of gold rose by Rs3,000
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SBP to remain closed on May 28
The Pakistan Stock Exchange (PSX) has also announced it will remain closed in observance of Youm-e-Takbeer
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WB announces $55m in additional funding
Power minister says Pakistan to launch competitive power market soon
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Rs5.02 tariff cut for KE consumers likely
NEPRA holds public hearing, reviews utility's operational and financial matters
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Business confidence improves
OICCI survey shows sharp recovery, driven by economic stability
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Mango exports to fetch $100m
Exporters aim for supply of 125,000 tonnes, but climate concerns persist
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Stocks succumb to profit-taking
Lose 778 points over budget concerns, proposed tax measures
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Auto parts makers fear halt to development
Demand withdrawal of 15% customs duty proposal for budget
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Meeting agrees on fast-tracking 10-year CPF
FinMin, Anna Bjerde discuss climate resilience, population management
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'55% of local cigarette producers evade taxes'
IPOR urges crackdown as 54% of cigarette brands flout tobacco laws
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Exporters face double tax blow
Lawmakers slam FBR for retaining 1% minimum tax with 29% standard rate
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Rupee at 17-month low on imports
Falls to 282.06/$, weakest since Dec 2023; FX reserves hit $16.65b
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Gold prices drop in Pakistan as global rates fall
The local price per tola dropped by Rs1,900, mirroring a decline in international markets.
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Bitcoin hits new all-time high of $111,000
Bitcoin surged past $111,000 as regulatory optimism and institutional interest fuel a strong rally amid uncertainty.
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PSX retreats after hitting all-time high
The KSE-100 Index dropped by 778.41 points, or 0.65%, at the close of trading.
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US retail chain Wallmart lays off 1500 staff to 'simplify' its structure
Walmart plans to cut 1,500 corporate roles to simplify its structure and boost innovation amid rising tariff costs.
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Govt to set up digital assets regulatory authority
Body will foster innovation, ensure compliance with global financial norms
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PSX stages robust rally, eyes budget boost
KSE-100 index climbs 960 points on govt's assurance of tax relief
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Gold jumps Rs6,600 on global rally
Global prices hit one-week high; rupee closes at 281.97, logs 5 paisa depreciation
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Progress on 'Quantum Valley' reviewed
Project, modeled on Silicon Valley, will comprise state-of-the-art science parks
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Businessmen demand EFS restoration in original form
Say absence of zero-rating disrupts balance between imported and local raw material
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Power generation hits 4-year high in April
Electricity output surges 22% YoY, 25% MoM but FCA turns positive after 10 months
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Sesame seed exports to China hit $49 million
Pakistan's rise in China's sesame import market has been dramatic.
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Consumers brace for Rs1.27-per-unit hike
NEPRA sets public hearing for May 29 as prices of fuel sources increase
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Master Motors seeks tariff protection
Expressing satisfaction over the impressive capacity of local manufacturers like Master Motors
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Govt misses investment target
Foreign, private capital inflows fall short despite efforts to attract forex
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Bitcoin hits new all-time high, surpassing January peak
Analysts credit recent momentum to increased participation by traditional financial institutions, especially JPMorgan.
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Govt to raise tax evasion fines to Rs5m for shopkeepers
FBR informs Senate budget to hike fines on tax-evading retailers from Rs0.5m to Rs5m, aiming to register 7m via POS.
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Gold prices continue to rise in local, global markets
Gold per tola increased by Rs6,600, while 10-gram gold saw an increase of Rs5,659.
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IMF official visits amid budget talks
Trip comes as govt, global lender negotiate tax targets, defence spending, and relief for salaried class ahead of new
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JCPenney to close more stores as company goes through restructuring
JCPenney closes 7 stores May 25 amid restructuring after 2020 bankruptcy, impacting locations nationwide.
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Profit rates revised for National Savings schemes
The Savings Account rate dropped by 100bps to 9.50% from 10.50%, according to Topline Securities.