Business
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ECC Approves Circular Debt Management Plan for 2024-25
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved a circular debt management plan for the fiscal year 2024-25…
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Business Leaders Urge Deeper Rate Cuts to Drive Economic Growth
The recent 2.5% cut in the State Bank of Pakistan’s (SBP) policy rate has prompted a mixed response from the…
Read More » IMF Pushes Pakistan for More Revenue Measures
ISLAMABAD: Pakistan faces new financial challenges as the International Monetary Fund (IMF) has urged the government to adopt more stringent…
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Warren Buffett Amasses $325 Billion in Cash Amid Apple Stock Sales
Warren Buffett, Berkshire Hathaway’s legendary investor, is now holding over $325 billion in cash, as the company continues trimming its…
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IMF Urges Pakistan to Boost Revenue Measures Amid Tax Shortfall
Islamabad: The International Monetary Fund (IMF) has called on Pakistan to introduce additional revenue-raising measures after the Federal Board of…
Read More » Business Leaders Urge SBP to Cut Policy Rate
KARACHI: Amid a significant slowdown in inflation, business leaders have urged the State Bank of Pakistan (SBP) to cut policy…
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IDEAS 2024: Pakistan’s Leading Defense Exhibition to be Held in Karachi
Karachi: The 12th International Defence Exhibition and Seminar (IDEAS), known as IDEAS 2024, will take place at the Karachi Expo Center…
Read More » Government Proposes New Financial Model for IPPs
The government has proposed a new financial model to 18 independent power producers (IPPs). This plan aims to significantly reduce…
Read More »Pakistani Rupee Sees Slight Appreciation Against US Dollar
The Pakistani rupee showed marginal appreciation against the US dollar on Friday, appreciating by 0.06% during the early hours of…
Read More »Gold Prices Decline in Pakistan on Friday
KARACHI: Gold prices in Pakistan fell sharply on Friday, reflecting a decline in international rates. In the local market, the…
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UBL Submits Amalgamation Offer to Silkbank
ISLAMABAD: United Bank Limited (UBL), one of Pakistan’s largest commercial banks, has taken a significant step toward expanding its operations.…
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NEA of China Open to Coal Conversion Talks with Pakistan
ISLAMABAD: The National Energy Administration (NEA) of China has expressed a willingness, in principle, to establish an ad hoc working…
Read More » Nepra Raises Concerns Over IPP Negotiations
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) raised concerns on Thursday regarding negotiations with Independent Power Producers (IPPs). These…
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Jazz Completes PKR 15 Billion Sukuk Issuance to Drive 4G Expansion
KARACHI: Jazz, a major telecom operator in Pakistan, completed its second unsecured, privately placed Sukuk issuance, raising PKR 15 billion. This…
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Sindh Govt to Support Vanaspati Manufacturers’ Expansion in Karachi
KARACHI: The Sindh government has pledged full support to Vanaspati manufacturers, particularly those from Punjab, to expand their industrial footprint…
Read More » Hafiz Naeem Demands Rs30 Reduction in Petrol Prices
KARACHI: Jamaat-e-Islami (JI) chief Hafiz Naeemur Rehman has called on the government to cut petrol prices by Rs30 per litre.…
Read More »Pakistan’s Economic Plan with IMF Faces Challenges
Pakistan’s economic plan, agreed with the International Monetary Fund (IMF), is under strain. Shifting targets, like growth and inflation rates,…
Read More »Final Bidding Process for PIA Privatization Today
The final bidding process for the privatization of Pakistan International Airlines (PIA) is set to occur today in Islamabad. Reports…
Read More »FBR Raises Property Valuation Rates in 56 Cities
The Federal Board of Revenue (FBR) has significantly increased property valuation rates for immovable properties across Pakistan. As reported on…
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Aramco Enters Pakistan with Launch of First Branded Fuel Station
Aramco marked its entry into Pakistan’s fuel market by launching its first branded retail station in Lahore. This milestone follows…
Read More » Pakistan Likely to See Drop in Petrol, Diesel Prices
Petrol and diesel prices in Pakistan may decrease in early November due to a recent drop in global crude oil…
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Bank of England Considers Digital Currency Amid Tech Firm Competition
The Bank of England (BoE) is pushing forward with its exploration of a digital currency accessible to the public, as…
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FBR Proposes Major Amendments to Vehicle Import Rules for Tourists
The Federal Board of Revenue (FBR) in Pakistan has issued a draft amendment to the Customs Rules 2001. The amendment…
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