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KCCI urges restoration of six-day workweek
Bilwani says businesses and trade suffer as government institutions remain closed on Saturdays.
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ITFC to expand trade financing portfolio in Pakistan
Aurangzeb pledges full support, highlights positive economic indicators at roundtable
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Telecom firms fear negative impact on competition
Object to Telenor's acquisition; PTCL argues merger will not dominate market
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Stocks at historic peak near 89k
Investor interest driven by blue-chips, rate cut talk; KSE-100 index soars 1,751 points
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Rupee dips despite forex hitting 2.5-year high
Forex reserves reach $11.04b after 13 weeks of growth, rupee weakens to Rs277.84/$
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Industrial policy unveiled at UNIDO
It focuses on green energy, women empowerment, regional linkages
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PSX breaks historic barrier as KSE-100 soars past 89,000 mark
Investor enthusiasm driven by anticipations surrounding upcoming monetary policy meeting set for November 4
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Pakistan seeks $1b from IMF to tackle external economic challenges
IMF has already approved $7b bailout, but has further funding available via its Resilience and Sustainability Trust
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Govt to plug lacuna allowing banks to avoid taxes
New policy targets Rs200b annual bank tax evasion, promotes private sector lending
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Rally ends as gold prices dip in local and international markets
Gold prices fell by $23 per ounce and Rs2,300 per tola in both global and local markets; silver prices remain stable.
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USD Exchange Rate: Rupee suffers minor losses
Pakistani rupees slightly depreciated against major currencies, with the US dollar selling at Rs278.10
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PSX sees record surge during intra-day trading, surpasses 88,000
The rally continues, briefly touching 88,000 points during intraday trading.
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Gold rally continues for seventh day, rupee stable
Gold hits record Rs285,400 per tola as global uncertainty drives surge; Pakistani rupee stable at Rs277.73 against USD
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Power generation drops 6.4%
Declines to 12,487 GWh as energy mix changes, demand weakens
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$1b import bill looms if wheat price delayed
Ministry warns uncertainty could discourage farmers, impacting sowing targets
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3D printing to help reshape industries
New technologies offer solutions for health, aerospace, construction and energy sectors
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Stocks extend rally with fresh highs
Index shoots up 728 points on robust corporate results, institutional buying
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Belgian envoy calls for action amid trade slump
Urges sectoral collaboration, increased B2B interactions to boost trade
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Aurangzeb pushes for climate financing reforms at V20
Urges MDBs to expand grant opportunities, concessional financing windows
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SIFC for prioritising local oil products
Directs Petroleum Division to address issues hampering refinery upgrade plans
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Experts hail digital marketing as superior
Say businesses see higher ROI, targeted outreach, leaving traditional marketing behind
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K-P governor stresses promotion of industries
K-P Governor urges industries to leverage global opportunities in textile, leather sectors at Karachi Expo.
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Bank of Canada cuts rates by 50 bps, signalling return to low inflation era
Central bank, which hiked rates to a 20-year high to fight soaring prices, has now cut four times in a row since June
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Gold prices in Pakistan hit record high of Rs285,400 per tola
Silver prices also rose, with cost per tola increasing by Rs200 to settle at Rs3,350
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PSX soars to record high as KSE-100 crosses 87,000 mark for first time
Analysts credit ongoing rally to growing anticipation of a cut in central bank’s key policy rate
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Stocks rally to another record high
KSE-100 index gains 409 points as earnings beat expectations
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Traders urged to comply with tax rules
RTO outlines benefits of filing returns on time at awareness session
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IMF lifts US, cuts China growth forecasts
Report says shifts will leave 2024 global GDP growth unchanged from 3.2% projected in July
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Telcos warn of monopoly risk in Telenor acquisition
Raise concerns over spectrum allocation, market dominance at fourth hearing on merger
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Industrialists laud SBP loan schemes
Call for improved bank conduct, awareness campaigns to maximise impact
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NEPRA okays KE’s take-or-pay model
Dismisses request for ‘must-run’ status for RLNG plants, overhaul allowances
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Pakistan Stock Exchange continues record-breaking streak
The bullish trend briefly touched 86,940 points during intra-day trading.
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USD exchange rate: Rupee weakens slightly
GBP seeing considerable activity as well, with buying rates at Rs358.70 and selling rates at Rs361.25.
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FBR’s latest stringent terms disrupts business operations, report reveals
The Federal Tax Ombudsman report states latest move complicates sales tax return submissions and supply chain
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Gold prices hit record highs in global, local markets
In international bullion market, the price of gold per ounce rose by $11 reaching new high of $2,737
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CPEC jewel hasn’t shined yet
Even after 10 years of the CPEC, the port is not connected with the national electricity grid
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IRS unveils new tax brackets and deductions for 2025
Without action from Congress, tax cuts enacted under former President Donald Trump are set to expire after 2025
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PSX briefly touches new high of 86,846 points during intra-day trading
KSE-100 index continues rally for second day in a row
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FBR to add late tax filers to active taxpayers list
A surcharge has been imposed on those who file late returns.
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Pakistan briefs IMF on key reforms during Washington visit
The delegation expressed their gratitude for the IMF's continued support
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Second straight C/A surplus recorded
Strong remittances and rising exports, including IT, drive $119m surplus
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IT exports surge 42% as firms expand client base
Increase in retention limit for forex accounts, stable rupee support export growth
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Export competitiveness increases as REER falls
Real effective exchange rate drops below 100; gold continues to eclipse record
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PSO waives interest for five IPPs
Will receive principal payment of Rs14.8b from power purchaser
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SECP seeks broader insurance adoption
Commissioner looks for provincial support, leads efforts to promote 'Insured Pakistan'
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Stocks surge following constitutional changes
KSE-100 index jumps 807.42 points, settles at 86,057.52
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Meat exports to China reach $3.37m in Jan-Sept
Pakistan's meat exports to China hit $3.37 million in 2024, boosted by rising demand for quality meat.
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AI, 5G termed crucial for addressing challenges
Minister says upcoming spectrum auction, fibre policy will spur economic growth