BUSINESS

Carbon trading deal with Norway inked

Pakistan and Norway on Wednesday signed the country’s first bilateral agreement under Article 6.2 of the Paris Agreement, formally opening…

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Second Waziristan block discovery lifts gas production

Production has commenced from the Spinwam-1 exploratory well in the Waziristan Block, adding 40 million cubic feet per day (MMCFD)…

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PM rejects new oil price proposal

Prime Minister Shehbaz Sharif has rejected a proposed new oil pricing formula, addressing deep concerns among the entire oil industry,…

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Sugar policy ends price controls

The government has finalised a new national sugar policy to largely end political control over prices, production and sales –…

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PSX dips over 4,000 points as Trump’s speech shakes global markets

US President Donald Trump’s stubborn war mania quelled investor enthusiasm at the Pakistan Stock Exchange (PSX) on Thursday, turning the…

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Meeting pushes for value addition in fruits, fisheries

A high-level meeting was chaired by Haroon Akhtar Khan, Special Assistant to the Prime Minister on Industries and Production, with…

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Pakistan, France to deepen energy ties

Federal Minister for Petroleum Ali Pervaiz Malik held a meeting with French Ambassador Nicolas Galey to discuss the evolving regional…

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SBP buys $12.4b to strengthen reserves

The State Bank of Pakistan (SBP) carried out net foreign exchange interventions amounting to $12.4 billion between June 2024 and…

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Govt mulls Rs31b spending on wheat stocks

Pakistan’s economic managers have underscored the need for maintaining strategic reserves of wheat with an expenditure of Rs31 billion to…

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FBR misses tax target by Rs610b

  The federal government has missed the International Monetary Fund (IMF)-dictated tax target by a wide margin of Rs610 billion,…

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