Business
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Pakistan concedes to China’s demand
Opening revolving account to save Chinese power plants from circular debt
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‘Pakistan in financial emergency’
Business leaders urge SBP, govt to restructure market policy, strengthen currency
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G7 price cap on Russian oil kicks in
Level of the cap to be reviewed by EU, G7 every two months
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BP doubles down on hydrogen as future fuel
Low-carbon natural gas is expected to accelerate the process of green transition
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Tax credits for EVs to dominate EU-US trade talks
US climate law will cut off European bloc’s EVs from tax credits
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Rupee to nosedive to Rs330 by FY26
Widening gap between dollar demand, supply will keep exerting pressure on rupee
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Tractor parts makers on verge of bankruptcy
Seek govt intervention to avert slump in industry
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NEPRA proposes setting up coal authority
New body will deal with coal imports for power production
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Oil falls nearly 3% on Fed rate worries
News of growth in US services industry activity caused oil, stocks to pare gains