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Gold prices dip in international and local markets
In the international bullion market, the per ounce price of gold dropped by $15, bringing the new price to $2,443.
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CCOP okays sale of six power firms
Despite sell-off, consumers expected to bear burden of losses exceeding Rs200b
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Govt to import expensive urea to meet shortfall
ECC approves purchase of 100,000 tons at $359 per ton
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Short-term inflation slows to 26-month low
SPI reading decelerates to 18.41% compared to last year
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Gold soars to record high
Surges to all-time high at Rs257,300 as weak US jobs data, ME tensions fuel demand
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Bulls return on economic recovery hopes
KSE-100 index posts gains of 485.68 points, settles at 78,225.98
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$5b investment in E&P at risk
Proposed new framework for gas allocation to third parties deters investors
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Shah highlights potential for cheap electricity
Points out Sindh’s role as Pakistan’s energy basket, calls for fair use of provincial gas
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PSX rallies to gain 688 points amid volatile week
KSE-100 saw 0.89% increase to reach a new intraday high of 78,434.16 points
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OMCs allowed imports to bridge deficit
Pakistan has a well-established system of ascertaining the requirement of crude oil and refined products
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PSX experiences volatility on profit-booking
KSE-100 index loses 146.68 points, settles at 77,740.31
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Aurangzeb calls for reforms to ensure last EFF with IMF
Stresses on privatisation, export-led growth, FDI for macroeconomic stability
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Textile millers come up with charter of demands
Urge govt to take policy rate into single digit, remove unreasonable taxes
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Tractor industry faces deep crisis
Experts lament removal of subsidies, warn of industry collapse
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SME financing with risk coverage unveiled
Aims to boost lending to SMEs by offering Rs1.10tr over 5 years, partial loss coverage to banks
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AIC exposes flaws in digitalisation laws
Report warns against data localisation, predicts economic impact, increase in cybersecurity risks
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Budget accelerates inflation in July
Month-on-month reading hits 8-month high due to taxes slapped in budget
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Pakistan to repay $24.8b in FY2024-25
SBP revises down foreign debt estimate by 5%, provides no explanation for reduction
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FBR exceeds target of Rs656b
Traders only paid Rs1,500 as non-compliance, property rates pose obstacles
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S&P report drives PSX deep into red
KSE-100 index drops 741.82 points, settles at 77,886.99
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Minister urges DPP to boost exports
Hussain calls for modernisation, transparency to drive growth
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Govt pledges support for G-B development
Aurangzeb stresses administrative, fiscal reforms for economic growth
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Fishermen demand immediate fuel subsidy
Stress that rising expenses, lack of support threaten livelihoods of thousands
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PSO loses 5% market share
Oil imports by private marketing firm eat into state-run company’s market
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APTMA seeks tax filing exemption amid delays
Textile industry faces operational hurdles as DISCOs fail to file returns on time
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Rupee continues to lose ground
Dollar demand likely to grow with easing of policy rate
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Profit, dividend repatriation rises to six-year high
MNCs send $2.2b abroad in FY24; State Bank clears all backlog
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Agri-tech pivotal for boosting productivity
Rana Tanveer says traditional farming practices unsustainable and inefficient
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Major relief to public as PM approves significant reduction in fuel prices
Diesel prices have been reduced by Rs10.86, petrol Rs6.17, kerosene Rs6.32, and light speed diesel by Rs5.72 per litre
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Rupee falls to four-month low
Increased dollar demand, interest rate cuts, rising import needs drive depreciation
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Budget deficit hits record Rs7.7tr
Despite 53% rise in income, deficit widens on high interest, unchecked expenses
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Aurangzeb outlines tough measures for stability
Calls for taxing untapped sectors, export-led growth to avoid BoP issues
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S&P affirms Pakistan’s ‘CCC+’ rating
Says economic stability still remains reliant on external support, favourable financial developments
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Govt makes surprising inflation claim
Finance ministry believes inflation is headed towards single digit
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PSX under pressure after modest rate cut
KSE-100 index drops 198.94 points, settles at 78,628.81
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New industrial zone in Karachi celebrated
Industrialists praise initiative in Surjani, say move will boost SMEs sector, employment
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Global companies face earnings challenge
Despite matching forecasts, many companies are cutting sales outlook and leave investors disappointed
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Cotton production shows alarming decline of 48%
Climate change, pests, rising costs drive urgent calls for policy reforms, support
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Global sales at McDonald's drop for first time in four years
The fast-food giant's global sales were affected by the Middle East conflict and China market.
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Govt plans to issue debit cards for PSEs
It will address petty cash issues; evaluation committee formed
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Industrialists decry insufficient rate cut
Call for further reductions to support struggling SMEs, boost economic growth
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Crypto shares surge after Trump’s remarks
Crypto exchange Coinbase’s shares climbed 3%, miners Bitfarms, Riot Platforms and CleanSpark between 4% and 5%
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Fitch upgrades Pakistan’s long-term rating
Rating rises to ‘CCC+’ on improved foreign debt repayment capacity
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Stocks surge on Fitch ratings upgrade
KSE-100 index gains 798.23 points, settles at 78,827.74
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Textile millers seek details of IPP deals
Ask govt to make information public about PPAs, amendments made
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Indonesian envoy highlights Balochistan’s trade potential
Balochistan’s geostrategic position can play an important role in Pakistan’s geo-economy







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