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Power consumers poised to get Rs1.03 relief
NEPRA reviews petition for fuel cost adjustment for Dec 2024
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Businessmen slam FBR's new data sharing condition
Say small-scale traders cannot file complex stock, production reports
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Gold double jumps to all-time high
Increases by Rs3,100 to Rs291,800/tola; forex drops by $76m on debt repayment; rupee dips slightly to 278.97/$
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FBR orders retailers to accept debit, credit cards for all transactions
Under the new rules, registered retailers must maintain a record of all transactions.
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Rs1500 and Rs100 prize bond draw dates for February 2025 announced
On January 1, the National Savings Division released the schedule for the 2025 prize bond draw
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Gold prices surge, hit record high in local markets
Gold per 10 grams rose by Rs 1,372, reaching Rs 248,885 in the local bullion market.
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Gas price hike may result in misuse
Minister urges govt to notify transparent mechanism to tackle litigation
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FBR refuses to ease property purchase restrictions
FBR rejects builders, developers association proposals as Senate committee chairman calls for simplification efforts.
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Petrol, diesel prices expected to go up again
New fuel prices will come into effect from Feb 1
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'Pakistan needs $100b financing'
Ali Malik says country cannot risk exiting IMF programme; mission due in Feb
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Pundits warn of increase in goods smuggling
Say suspension of US aid for Kabul may trigger outflow of dollar, essential commodities
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Govt revises profit rates on National Savings schemes, pensioners' certificates
This decision reflects ongoing adjustments in financial policies following the central bank’s monetary policy review
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China's tech firm Alibaba release AI model
Claims surpasses DeepSeek-V3
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US Federal Reserve holds rates steady, offers little clarity on future cuts
Fed removes "progress" language on inflation noting price increases remain elevated despite data showing little change
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PSX falls amid futures rollover, rate cut concerns
KSE-100 index loses 543 points on back of selling pressure
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SBP injects Rs523.7b via OMOs
Gold prices surge to Rs288,700/tola while rupee gains 6 paisa
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'Pakistan has lowest spectrum in region'
GSMA calls spectrum cost unsustainable that threatens development of mobile services
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Rs55b windfall expected from gas tariff hike
Overcollection in FY25 anticipated as CPPs rate rises to Rs3,500/MMBtu under IMF mandate
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US envoy meets commerce minister
Identifies potential investment areas, including minerals, marine industries, textiles, clean energy
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'Govt must capitalise on Saudi need for HR'
Ambassador highlights key opportunities, urges workforce training, strategic engagement
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Bank of Canada cuts interest rate, warns of US tariff impact
Central Bank cuts rates for sixth straight time amid ongoing economic challenges, with inflation within target range.
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Gold prices bounce back in global and local markets
The price of gold per 10 grams also saw an increase of Rs1,972.
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$20b WB lending may be insufficient
VP urges Pakistan to mobilise resources, calls for private sector investment
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Chinese firm to install 3,000 EV charging stations in Pakistan
Each charging station is expected to cost around Rs8 million
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'Govt needs to be cautiously optimistic'
Country asked to stay on course, deliver on reforms for people's benefit
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Oil shortage looms in Lahore as tankers face restrictions
Oil Companies Advisory Council urges exemption to avert fuel crisis
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MoU inked for power sector strengthening
Nepra and GIZ sign MoU to advance Pakistan's energy sector, focusing on renewables and regulatory improvements.
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MEPCO's Rs119b investment plan receives flak
Power utility suffers loss of Rs41.8b owing to poor recoveries, higher line loses
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Gold prices plummet by Rs2,700/tola
Rupee loses 10 paisa, stands at 278.93/$; Chinese open-source AI disrupts dollar
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Govt to auction surplus electricity to industries
Minister says govt will end oversight of electricity trade by 2025; US invites Pakistan to energy dialogue
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Hyderabad chamber demands end to outages
Businesses decry prolonged load-shedding, urge reforms, legal action against mismanagement
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PSX faces setback over political uncertainty
Cautious rate cut, weak oil sector results pull index down by 1,490 points
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Construction sector critical for growth
Businessmen see potential in sector to unlock $100b in investment
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Govt to ease tax return process for salaried workers
Minister says satisfied with rise in remittance inflows and IT exports, calling it a positive indicator for economy.
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SBP governor announces timeline for new currency notes
New design currency notes awaiting cabinet approval, says Jameel Ahmed
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Gold prices dip sharply in both local and international markets
The price of gold per 10 grams in the local market fell by 2,315 rupees, reaching Rs245,541.
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Sugar prices go up at utility stores
Utility stores raise sugar prices, remain cheaper than open market.
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Industrialists decry 1% rate cut
Say decline in inflationary pressures provided room for aggressive 5% reduction
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Tech wipeout erases $1 trillion as DeepSeek AI app stirs Wall Street panic
DeepSeek AI app triggers market panic, wiping $1 trillion from the tech sector. Nvidia and more
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Cement prices fall in Pakistan – Jan 2025
The decrease reflects changing market demand and improved import conditions within the construction sector.
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Experts urge action to combat low output
Call for community-based research to tackle decline in onion production
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Gas market opening to slash circular debt
Estimates suggest Rs71b annual debt reduction, Rs13b revenue for govt
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Below-expectation results drag down PSX
KSE-100 index dips 1,360 points amid global equity slump
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UNICEF, govt discuss climate, food security
PM aide calls for promotion of climate-resilient practices, adoption of African crop strategy
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Tanveer expresses dismay over low rate cut
Tanveer pointed out that Pakistan's economy was recovering after a three-year slump.
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Textile millers term gas tariff hike 'disastrous'
Ask govt to reverse decision as high energy prices hurt export competitiveness
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No reduction in industrial power prices
Plan for Rs2.70 per unit reduction faces pushback over cross-subsidy concerns
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Gold prices, rupee value depreciate
Gold prices in Pakistan continued their decline on Monday
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SSWMB vows support for cleanliness drive
He also announced plans to extend waste-lifting agreements to other industrial zones.
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Policy rate slashed for sixth time
SBP reduces rate by 100 bps to 12% amid C/A surplus, increase in revenue