Business
Get the latest updates on financial news, market trends, and corporate strategies with Day News TV’s Business section. Stay informed about global and local economic developments and make smart decisions with our concise, expert coverage.
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Each Citizen Owes Rs302,000 as Budget Deficit Soars
Islamabad: Pakistan’s per-person debt has surged to nearly Rs302,000, marking an 11.3% increase over the past fiscal year. The latest Fiscal…
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Petroleum Prices to Increase by Rs6.20/Litre from Jan 16
Islamabad:Â The prices of petroleum products in Pakistan are set to increase by up to Rs6.20 per litre for the upcoming…
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Saudi Firm Set to Invest in Pakistan’s Reko Diq Mine
Riyadh: Saudi Arabian mining company Manara Minerals is expected to invest in Pakistan’s Reko Diq mine within the next two…
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ENGRO Corporation Delisted from Pakistan Stock Exchange
The Pakistan Stock Exchange (PSX) has officially delisted Engro Corporation Limited (ENGRO). The delisting took effect on Tuesday, January 14,…
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Federal Cabinet Approves Revised Deals with IPPs
The Federal Cabinet has approved revised agreements with 14 Independent Power Producers (IPPs). The meeting, chaired by Prime Minister Shehbaz…
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World Bank Pledges $20 Billion for Pakistan’s Development
The World Bank has committed $20 billion to Pakistan under a 10-year Country Partnership Framework (CPF). The decision was approved…
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Gold Prices Drop in Global and Pakistani Markets
Karachi: In the global market, gold prices decreased by $14, bringing the rate to $2,661 per ounce. Meanwhile, in the…
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Muhammad Hanif Gohar Visits Airbus Headquarters in Dubai
Muhammad Hanif Gohar, Chairman of Gohar Group and CEO of Air Karachi, recently visited Airbus headquarters in Dubai. The visit…
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Gold Prices Drop as US Dollar Reaches Two-Year High
Gold prices experienced a drop on Monday as the US Dollar (USD) soared to its highest level in over two…
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SBP Governor Reaffirms Commitment to Boost Financial Inclusion
The State Bank of Pakistan (SBP) has reinforced its dedication to advancing financial inclusion by fostering strong partnerships with global…
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RBI Intervenes as Rupee Hits Record Low Against Dollar
The Reserve Bank of India (RBI) likely sold dollars on Monday to stabilize the rupee. The Indian currency hit an…
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Pakistan and China Commit to Advancing CPEC 2.0
Pakistan and China have reaffirmed their commitment to the high-quality development of the China-Pakistan Economic Corridor (CPEC) 2.0, emphasizing industrialization,…
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Finance Ministry Orders Abolishment of Idle Posts to Cut Expenses
ISLAMABAD: The Ministry of Finance has ordered the abolition of vacant and redundant posts lying idle for more than three…
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FIA Officer Accepts Bribe from Romanian Technicians, Gets Arrested
The Federal Investigation Agency (FIA) arrested an officer for allegedly accepting a $2,000 bribe from Romanian technicians aboard a foreign…
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FBR Initiates Process for New Cargo Tracking System
The Federal Board of Revenue (FBR) has started issuing a new Expression of Interest (EOI) to select companies for advanced…
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SBP Foreign Exchange Reserves Drop Slightly
The State Bank of Pakistan’s (SBP) foreign exchange reserves saw a small decline of $15.3 million, or 0.13%, during the…
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SECP Uncovers Fraudulent Investment Scheme Targeting Layyah Residents
The Securities and Exchange Commission of Pakistan (SECP) has uncovered an illegal deposit-taking and investment scheme under the names Summit…
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PIA’s Inaugural Direct Flight to Paris Set to Boost Revenue
Pakistan International Airlines (PIA) expects to generate over Rs107 million in revenue from its inaugural direct flight to Paris, scheduled…
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Government Announces Electricity Tariff Cuts Amid Talks with IMF
Federal Minister for Energy, Awais Leghari, announced significant progress in reducing electricity rates, with ongoing discussions with the International Monetary…
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Inflation Is Expected to Decline Further by January: Governor SBP
State Bank of Pakistan (SBP) Governor Jameel Ahmed expressed confidence in the country’s economic trajectory. Speaking at the Federation of…
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K-Electric Announces Scheduled Load Shedding in Karachi on January 10
K-Electric (KE), Karachi’s main electricity provider, has announced a scheduled Load Shedding on January 10, 2025. The shutdown will affect…
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Shocking Claims on Food Quality in Pakistan
ISLAMABAD: Senator Aimal Wali Khan made alarming claims about food safety during a Senate Standing Committee meeting on National Food…
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Rupee Appreciates by 0.1% in Inter-Bank Market on Thursday
The Pakistani rupee strengthened marginally against the US dollar on Thursday, appreciating by 0.1% during the early hours of trading.…
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