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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NEPRA Fines K-Electric Rs 10 Million for Deaths in Karachi
ISLAMABAD – The National Electric Power Regulatory Authority (NEPRA) has fined K-Electric (KE) Rs 10 million over electrocution incidents that…
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Power Companies Caught Overbilling Consumers by Rs8.44 Billion in Pakistan
Karachi: Power distribution companies (DISCOs) in Pakistan have been found guilty of overbilling consumers by a staggering Rs8.44 billion to…
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Pakistani Rupee Gains Slightly Against US Dollar, Euro Declines
Karachi: The Pakistani Rupee (PKR) appreciated by 09 paisa against the US Dollar (USD) on Tuesday in the interbank market,…
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PSX KSE-100 Index Declines by 282 Points Amid Low Trading Volumes
On the first business day of the week, the Pakistan Stock Exchange’s (PSX) KSE-100 Index experienced a bearish trend, shedding…
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NEPRA Approves Rs1.743 per Unit Hike in Electricity Bills
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved an additional charge of Rs1.743 per unit for electricity consumers,…
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Heavy Taxation Leads to 25.68% Decline in Cement Dispatches During August 2024
September 5, 2024: Heavy taxation and subsequent rise in cement prices have caused a sharp decline in demand, leading to…
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State Bank of Pakistan Announces Results of Banknote Design Art Competition
The State Bank of Pakistan (SBP) is pleased to announce the results of the art competition held for the design…
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Gold Rates Drop by Rs1,400 per Tola in Karachi
KARACHI: Gold rates fell by Rs1,400 per tola on Wednesday in the local market, according to the All Sindh Saraf…
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Foreign Exchange Reserves Decrease by $36.4 Million
Karachi: The State Bank of Pakistan (SBP) reported a decline of $36.4 million in the country’s foreign exchange reserves over…
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PIA Wins CSR Award
Pakistan International Airlines (PIA) was awarded at the 7th CSR 24 Leadership Conference in Karachi for its outstanding corporate social…
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Daily Crime Rate in Karachi Drops, Says Additional IG Sindh at KATI Meeting
Karachi: The daily crime rate in Karachi dropped from 252 to 107 incidents, according to Javed Alam Odho, Additional IG…
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Denmark Delegation Eyes Investment in Pakistan’s Mining Sector
A high-level Denmark Delegation, led by FLSmidth Global CEO Mikko Keto and Danish Ambassador to Pakistan Jakob Linulf, met with…
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PM Shehbaz Sharif Vows to Implement IMF Conditions
Prime Minister Shehbaz Sharif announced that his government is committed to implementing the International Monetary Fund’s (IMF) conditions to complete…
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Pakistani Rupee Slightly Devalues Against USD
The Pakistani Rupee (PKR) slightly devalued by Rs 0.6 against the US Dollar in interbank trading on Tuesday, closing at…
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Moody’s Upgrades Ratings of Five Major Pakistani Banks
Moody’s, the global credit rating agency, has upgraded the long-term deposit ratings of five major Pakistani banks. These banks have…
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Economist Dr. Kaiser Bengali Resigns from Key Committees Over Austerity Measures
A prominent economist, Dr. Kaiser Bengali, has resigned from three major government committees in protest against the federal government’s austerity…
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Salaried Class Paid Rs. 375 Billion Taxes, Expected to Reach Rs. 450 Billion This Year
The salaried class in Pakistan paid Rs. 375 billion in taxes last year. This figure is expected to rise to…
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PIA Privatization to Be Finalized by October 1st
The privatization of Pakistan International Airlines (PIA) will be completed by October 1, 2024. The Privatization Commission Secretary informed the…
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NBP Reports 96.8 Billion PKR Total Income, 6.6% Growth in Assets
The National Bank of Pakistan (NBP) has reported a total income of PKR 96.8 billion for the first half of…
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SBP Designates Domestic Systemically Important Banks (D-SIBs) for 2024
The State Bank of Pakistan (SBP) has designated Domestic Systemically Important Banks (D-SIBs) for the year 2024. This decision is…
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Moody’s Upgrades Pakistan’s Debt Ratings Amid Improving Economic Conditions
Moody’s Ratings has upgraded Pakistan’s local and foreign currency issuer and senior unsecured debt ratings to Caa2 from Caa3. The…
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Nationwide Strike Disrupts Businesses as Traders Protest Tax Reforms
Traders across Pakistan are on strike today, protesting against the government’s new tax reforms. The strike has led to widespread…
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Pakistan to Host First International Date Festival in October
Pakistan is set to host its first International Date Festival this October, following the signing of a significant agreement between…
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