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‘No excuse’: IEA tells energy firms as methane emissions rise
In 2022, global energy industry released some 135 million tonnes of methane
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PSX separates real-estate assets from core business
Official says subsidiary will help develop real-estate business, increase earnings
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Rupee snaps winning streak
Drops 0.24% to Rs262.51 against the US dollar
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NA body proposes super tax levy
Recommends tax application to all entities based on profit levels
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Price of diesel to go up by Rs10 per litre
PDL to be imposed to bridge gap of Rs175 billion in revenue collection
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Tobacco industry protests tax lacuna
Govt raises FED rate up to 154%, but lifts minimum retail price threshold by only 35%
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Gas shortage exposes fragile Pakistan, Bangladesh to more pain
Electricity supply woes to worsen in 2023 as weak currencies dent import capacity
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Qamar to co-chair Pak-US TIFA meeting
Meeting to be held in Washington DC after eight years
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ICT export remittances rise to $1.5b
It comes despite ease of doing business challenges, high cost: IT ministry
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Customers demand fair automobile prices
Urge carmakers to reduce prices as rupee strengthens against greenback
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‘OPEC+ deal will continue until year end’
Saudi energy minister says he remained cautious on Chinese demand forecasts
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Gas shortage exposes economies to more pain
Retail sector urges govt to relax 8:30pm shutdown orders during Ramazan
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CAP rejects IMF condition to raise GST
Urges govt to expand tax net instead of introducing new taxes
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Rupee continues to recover in inter-bank
Gains 0.36% to three-week high at Rs261.88 to a dollar
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Cabinet extends duty for 40 days
Additional duty on consumer goods will stay till Mar-end to discourage imports
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CAD falls to 2-year low at $242m
Decline is due to a 38% year-on-year drop in total imports in January 2023
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Pakistan's current account deficit falls to 21-month low
Deficit falls to $242 million mainly due to a drop in imports
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Plan to set up EPZ for copper mining in Waziristan finalised
Over 11,000 tons of copper will be extracted and processed daily
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Silver lining in the fuel crisis
Crisis underscores need for ample fuel supplies, preparing for unforeseen events
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IMF deal: a cornered federal govt
Brief period of relief may not end Pakistan’s long-term financial woes
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Are FX reserves a true indicator of progress?
We can agree to disagree here, but foreign reserves are as true of an indicator as the stock market
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Stop demonising IMF’s bailout terms
Our credibility is seriously compromised due to repeated violation of agreements
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Economic crisis in Pakistan and the role of West
IFIs trap and exploit developing countries, but put blame on others
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Utility Stores jack up prices
Cooking oil, baby milk, diapers, shampoo become dearer
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Audit of lenders under KPP awaited
Scrutiny delayed as Programme Management Unit could not be made functional
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Minister stresses agri-restructuring
Transformation on scientific lines will trigger export-led growth
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Chinese firm keen on establishing plant
Minister, Chinese team discussed cooperation in energy, health and technical training
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Exploit GSP Plus to achieve stability: EU
Pakistan must seek extension of facility to qualify for another tenure
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Qatar lifts ban on seafood
Import allowed under certain conditions with effect from February 22
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Pakistan, China launch industry-education initiative
Project aims to build skilled labour in Pakistan, says envoy to China
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SNGPL board removes managing director
Step taken over alleged corruption; board will make final decision after review
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Stocks retreat as investors stand on sidelines
KSE-100 index drops by 623 points, or 1.49%, at 41,119
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Gaming, animation centre planned
The Rs2.5 billion centre will accommodate 2,000 students, 50 companies
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Pakistan’s gold balloon bursts
Falls to Rs196,000, a drop of Rs14,500 from record high of Rs210,500
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US seeks reversal of tax increase
Embassy delegation meets SAPM to lend support to foreign beverage firms
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Task force reviews KE payables, receivables
KE says it is owed Rs486b in tariff differential subsidy claims
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US to push debt relief, Ukraine aid at G20
G20 finance ministers, central bank governors will meet between February 23-25
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CPEC’s ThalNova to begin operations
ThalNova and TEL collectively will provide 660MW of electricity
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Oil prices dive $3, head for weekly loss
Pressured by worries that future US rate hikes could weigh on demand
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Textile exports post 3% decline in Jan
Dropped to $932 million, down by 15% compared to January 2022
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‘Price control’ causes Rs36b loss to oil industry
Industry denounces govt for violating approved pricing formula
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Fiscal imbalances to hit funding
The country can no longer afford to have a large current account deficit
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PM stops FBR from wasting Rs1.6b on luxury vehicles
Directive comes as revenue board plans to buy 155 such vehicles
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Rs170b mini-budget approved
Senate panel endorsed budget with razor-thin 3-2 majority, gave suggestions
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Lack of terminal capacity causes outrage
Terminal operators face rapid decline in revenue due to delay in clearance
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In 8 years, Pakistan can make $60b: OICCI report
Says digitisation offers innovative employment prospects to 23% of the population
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Turkey quake damage estimated at $25b
UN appealed for over $1b in funds for relief operation
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Consumers to see Rs2.3 reduction in Feb bills
Applicable to all consumers of DISCOs except KE, lifeline users
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External public debt falls by $4.7b
Debt shrinks in dollar terms as foreign banks refuse to roll over loans
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State minister opposes supply of subsidised gas
Gas being provided at 70 cents per mmbtu to fertiliser manufacturers














































