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Gold price dips Rs2,900
Commodity lost Rs5,900 in past two days to Rs126,100 per tola
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FBR’s tax refunds swell to Rs578 billion
Authority has yet to clear income tax refunds of up to Rs50m as per Hafeez Shaikh’s directive
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PTI govt may okay $125m for Roosevelt
Financing needed to lift New York hotel out of debt trap, secure its assets
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Gas companies directed to resolve public issues by August 20
Federal ombudsman expresses concern over rising complaints
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Finance adviser paints rosy picture of economy
Hafeez Sheikh says current account deficit slashed from $20b to $3b in two years
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Finance adviser paints rosy picture of economy
Hafeez Sheikh says current account deficit slashed from $20b to $3b in two years
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Market watch: Bourse turns bullish, gains 644 points
Benchmark KSE-100 index rises 1.61% to settle at 40,559.15
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Oil gains on US stimulus hopes and demand recovery
Signs of recovering Asian oil demand as economies reopen also boost prices
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NA panel approves amendments in AML bill
Changes allow arrest without warrants, increase punishment, give NAB a say in matters
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Fauji Fertiliser clarification
We would like to clarify that the earlier report erroneously mentioned “down” when the profit was up 14%
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Mari Petroleum appoints MD
He will assume his duties from August 12, 2020
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Corporate corner NBP bags multiple awards
CIBG at NBP reflects the bank’s strong capability of providing a wide array of plain vanilla and tailored financing
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33% farm households suffer loss in earnings
Increase in number of members and reduced income burden households
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Farmers shift away from cotton
Low prices for crop adding to woes of cotton industry
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SBP enhances loan limits to Rs3m
Maximum size of general loans has also been enhanced from Rs150,000 to Rs350,000
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Dawood stresses completing PRMI on time
Project aimed at overhauling regulatory environment for businesses
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ECC to review cancelled LPG deal
Energy secretary insists any disparity in pricing structure being addressed
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Traders struggle with barriers
World Bank, ITC report recommends digital solutions to guide exporters
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Businessmen hail smart lockdown strategy
Officials say steps to combat Covid-19 benefited local businesses
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Indus Motor posts 63% dip in profit
Decline comes on back of massive drop in sales volume during final quarter
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Rupee slides to 168.38 in inter-bank market
Gold prices drop in line with international market
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Targeted power, gas subsidy planned
Govt will identify consumers for subsidy payment via Ehsaas survey
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Market watch: Bears dominate as political tensions take toll
Benchmark KSE-100 index slips 114.93 points to settle at 39,914.76
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Oil climbs on positive China data, rising demand
Traders cautious due to US-China tensions, uncertainty over stimulus package
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Pakistan's covid-linked trades get a hit as Covid-19 subsides
Continuing drop in new infections cause investors huge losses
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Pakistan's low productivity and the way out
Market economy is most-effective option for enhancing productivity
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From trade war to cold war
Battle over technological advancement accelerating this transition
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Long-term priorities of economy
If Pakistan attracts huge FDI, then BOP deficit may be cut drastically
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A new wave of progress for Pakistan under CPEC
Groundbreaking, start of work on dams is big achievement
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Pakistan's digital infrastructure must get better
Optic fibre cables should be laid as these have high data-carrying capacity
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NEPRA raises power tariff for Aug, Sept
Rs0.9573 per unit for Aug and Rs1.0982 per unit for Sept
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Moody’s reaffirms Pakistan’s ‘stable outlook’
Global agency maintains country’s B3 credit rating after concluding downgrade review
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US pressure bites Huawei to stop making Kirin chipsets
Huawei denies it spies for China
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EU’s unemployment aid: Italy seeks €28.5 billion
Italian govt approves new stimulus package worth €25 billion
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UK confident of Brexit trade deal
Top minister says there has been change of tone from bloc in recent weeks
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Pakistan pushes renewables amid coal projects
New policy targets 20% share of renewables in power mix by 2025
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Pakistan begins importing Euro-V standard fuel
Action aimed at protecting environment from climate change, global warming
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South Africa keen to enhance trade with Pakistan
Envoy says both counties can assist each other by sharing technical, economic knowledge
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Pakistan picks panel for World Bank post
Economic affairs ministry seeks rules relaxation to appoint executive director
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Slowing US job growth raises recovery doubts
Resurgence of Covid-19 infections also threatens to snuff out nascent economic recovery
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China’s mask makers struggle after price drop
Stricter quality control measures, falling domestic demand hit companies
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British Airways pushes ahead with job cuts
Thousands of staff members were sent letters of jobs being axed
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Nokia’s new CEO working on setting strategy
Declines to disclose plans for company’s broad range of product portfolio and strategy
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Weekly review: Bulls push PSX above 40,000 points
Declining number of Covid infections, developments in projects boost sentiments
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Illango calls for political consensus on economic reforms
Outgoing WB country director says Pakistan not a hard country but a challenging one
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Gold price surges but local demand flat
Increases to fresh high of Rs132,000 per tola in Pakistan
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Pakistan approaches Riyadh for renewal of $3.2b oil facility
Agreement for provision of oil on deferred payments per annum expired two months ago
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After much delay, govt appoints PNAC DG
Cabinet approves hiring of Ismat Gul Khattak as DG for four years
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Crops thrive under latest spell of rains
Moderate showers may help improve agri economy during current fiscal year
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PHMA calls for stable utility rates
Textile exporters have demanded a level playing field with regional competitors














































