Business
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Market watch KSE-100 dives owing to food inflation, rupee fall
Benchmark index sheds 510.40 points to settle at 46,903.06
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State Bank of Pakistan reserves hit all-time high of $20.15b
SDR allocation from IMF lifts reserves to historic level
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Exports grow 43% despite obstacles
PM aide presses exporters to step up efforts to achieve target
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Swedish firm, Mercedes team up
New passenger car fleet to be carbon dioxide-neutral
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Investors shrug off growth worries
Many market players remained cautiously positive
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Rupee hits one-year low at 166.87
Demand for foreign currency remains high in country
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Tarin calls for harmonising taxes
Stresses cooperation between federal, provincial governments
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FIA seeks help in probe into OMCs
Requests assistance of attorney general office to vacate multiple intra-court appeals of oil firms
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OPEC+ sticks to gradual oil output hikes
Group will release 400,000 bpd to market in Oct after doing so in Sept
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Inflation stabilises at 8.4% in August
Pace of increase in prices of non-food items slows but food inflation remains high