Business
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Banks reject 91% of e-bike requests
Govt revises policy after banks approve only 4,075 of 44,689 applications
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Trade deficit hits 46-month high
Imports surge 7% to $6.55b as exports decline on MoM basis
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New auto policy offers tax breaks
Govt to encourage production of conventional and electric vehicles, phase out petrol-run car imports
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Financial sector grows 15%
Bank assets swell 18%, fuelled by investments in govt securities
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LSM rises 11% in March, monthly dip 5%
Sugar output jumps 31% in nine months, auto sector up 61% YoY
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Pakistan needs structured migration pathways
IOM official suggests aligning skills with global market demands, raising risk awareness
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Mutual funds, insurers seek budget incentives
Finance minister discusses tax proposals, savings instruments, and regulatory reforms
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PSX rises 794 points in late-session recovery
Index recoups early losses; higher-than-forecast trade gap caps gains
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Gold extends losses, drops by Rs2,100
Globally, bullion rises 1.2% to $4,574 per ounce; rupee inches up
