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PSX in consolidation phase, loses 533 points
Disappointing results of energy companies contribute to downturn
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Consumer confidence shows improvement
Ipsos survey highlights mixed sentiment; CEO calls for sustained policy
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Pak-China tie-up proposed to produce high-grade sugar
Businessmen say they can export sweetener through enhancing cooperation
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Maritime sector targets Rs100b profit for FY2025
Minister highlights need for port expansion, Gwadar's trade potential
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Higher food prices fuel short-term inflation
SPI goes up 0.38%, led by tomatoes, bananas and eggs
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Hutchison Ports offers $1b investment plan
The delegation briefed the Minister on Hutchison Ports' 25-year presence in Pakistan
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OGRA announces price cut for domestic LPG cylinders
The price of domestic LPG cylinder has been reduced by Rs72.57 for an 11.8 kg cylinder, according to a notification.
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Govt cuts petrol by Re0.50 and HSD by Rs5.31, effective from March 1
The new price of petrol will be Rs255.63 per litre while HSD will settle at Rs258.64.
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$81 trillion mistakenly deposited into customer’s account, Citigroup rectifies error
Two employees missed the mistake, which was flagged by a third worker an hour and a half after the transaction.
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World Bank signals economic stabilisation in Pakistan
World Bank to invest $20 billion in Pakistan's development, focusing on clean energy and climate resilience from 2026.
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Gold prices drop significantly for fourth consecutive day in local markets
The price of 10 grams of gold in Pakistan saw a reduction of Rs2,143
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PM bars dual nationals from SBP
Move follows cabinet unanimously agreeing to eligibility; bill approval deferred
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Wheat crop may fall below 28m tons
Ministry says dry weather could dent Rabi crops; inflation will stay stable around 3%
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Pakistan, Vietnam set $3 billion annual trade target
He highlighted Pakistan's importance as a trade partner, particularly in textiles.
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Tribunal restored with new hiring
Tribunal to handle appeals against decisions of CCP
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Stocks fall slightly in absence of triggers
Index sheds 78 points as investors book profit in key sectors
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Finance minister meets high-level Jefferies team
Receives invitation to Investors Day in London to strengthen engagement
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SBP governor highlights vital role of collaboration
A major highlight was the unveiling of the official logo of ABHI Microfinance Bank
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SBP reserves up $21m
The SBP cited no reason for the latest rise in its reserves.
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TRG's small shareholder gets stay against $55m inflow
Alleges purchase of more TRG Pakistan shares by Greentree a violation of law
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Pakistan-Uzbekistan ties require paradigm shift
Experts call for digitalised model of economic integration, industrial cooperation, investment, and JV
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Brazil offers support for boosting cotton output
APTMA looks for tech transfer to cultivate high-yielding cotton seeds
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SBP foreign reserves rise by $21m to $11.22b
Total liquid foreign reserves in the country amount to $15.92 billion, SBP shared in a statement.
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Gold prices continue downward trend for third consecutive day in local markets
The price of 10 grams of gold has decreased by Rs 2,829, now standing at Rs 259,773.
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Tax revenue from cigarettes to decrease Rs34b
Tobacco firm asks govt to reconsider heavy taxes on smokeless products
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Zakat deduction on bank accounts for Ramadan 2025 announced
The ministry has informed banks that Zakat will be applicable on saving accounts.
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Govt to cut agri power tariff
Domestic consumers of up to 300 units per month will also enjoy tariff relief
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Wheat growers demand Rs4,000 per maund
Urge Sindh govt to set support price, procure 1.5m tons
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Stocks retreat after two-day rally
Investors resort to profit-taking, pulling index down by 666 points
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Korea-Pakistan economic talks to begin this year
Korean envoy says bilateral trade grew by 27% in H1FY24, calls for stronger business collaboration
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IT sector eyes $25m in exports to Qatar
Collaborating with MoITT, PSEB, and SIFC on expansion plans starting with Web Summit Qatar 2025
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PRAL board starts amid violations
Non-disclosure of conflict of interest violates SOE Act, raises governance fears
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Pakistan, UK strengthen energy ties
Commending the government's energy sector reforms.
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Gold prices drop for 2nd day in a row
Sheds Rs2,400 amid global decline; rupee gains 5 paisa at 279.62 against US dollar
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ECC declines live animal exports to Kuwait
Calls for stakeholder consensus; says granting one-time exemption not viable, seeks long-term strategy
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Finance minister promises tax system reforms to enhance economic efficiency
Muhammad Aurangzeb says practical steps have been taken to simplify and improve the tax system.
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Govt lowers interest rates on National Savings Schemes
The adjustments, which vary from 1bps to 33bps, will impact various savings certificates and accounts.
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Gold prices see another decline in local and international markets
Gold prices dropped globally, leading to a similar decline in local prices, with the price per ounce falling.
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Industrial sector demands electricity tariff to be set at Rs26 per unit
High power tariffs severely impacting industrial production, employment, and business stability, says KATI president.
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IMF objects to sales tax exemption for EVs
The global lender raised objections to tax concessions under the country’s EV policy
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Open skies policy behind PIA's decline
Body finds Gulf airlines' expansion, poor management led to loss of market share
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FTO directs 18% sales tax for solar net metering consumers
Authorities are directed to collect tax on total supply, not net metering.
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Digitalisation to help pharma firms cut costs
PSW launches DRAP Clearance Gateway to streamline pharma regulations
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'Local schemes needed for SMEs'
Business leaders call for long-term low-interest loans instead of trainings, capacity building
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Bitcoin reels below $90,000
Investors remain jittery over fears of resurgence of trade wars, inflation
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Govt to exempt rules for PQA terminal
SIFC body agrees on rules exemption for handling copper, gold and other metals
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Banks urged to prioritise SME lending
SBP governor pushes banks to cut govt reliance; banks cite low private demand
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PSX modestly higher over economic cues
Anticipated incentives, IMF review optimism help index rise 198 points
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Govt invokes nationalisation order
Instead of privatisation, bureaucracy seeks to take over control of PECO
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Gold drops Rs800 amid global correction
Falls to Rs308,700 per tola while rupee stays stable