BUSINESS
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E&P firms seek release of Rs1.5tr dues
Oil and gas exploration and production (E&P) companies have expressed serious concern over alleged default on payments by the public…
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SBP launches WE-Finance Code with 23 banks
The State Bank of Pakistan (SBP) has reaffirmed its commitment to promoting women entrepreneurship and improving women’s access to finance…
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Easing tensions lift PSX by over 3,600 points
The Pakistan Stock Exchange (PSX) enjoyed a strong bullish session on Friday as easing geopolitical concerns and renewed institutional buying…
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SPI up 3.87% on flour, gas prices
Pakistan’s weekly inflation, measured by the Sensitive Price Indicator (SPI), recorded a 3.87% year-on-year (YoY) increase for the week ended…
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SBP injects Rs12.8tr via OMOs
The State Bank of Pakistan (SBP) on Friday injected substantial liquidity of around Rs12.8 trillion into the banking system through…
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Power sector sees Rs800b equity hole
The power sector equity turned negative by Rs800 billion in the last fiscal year due to a reduction in sales…
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Gas supply raised to 746mmcfd on winter demand surge
Federal Minister for Petroleum Ali Pervaiz Malik on Thursday directed gas utilities to take immediate steps to ease supply pressures…
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Defence export boom sparks call for economic reset
As Pakistan enters a phase marked by unprecedented defence export opportunities and an equal chance to reposition itself within evolving…
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Govt seeks low interest on $2.5b debt
Pakistan has requested the United Arab Emirates (UAE) to roll over a debt of $2.5 billion for two years and…
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Petrol, diesel prices to remain unchanged for next fortnight
The federal government kept the prices of petroleum products unchanged for the next fortnight on Thursday. A press release from the…
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