BUSINESS
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Saudi Arabia pledges $3b additional support, extends $5b deposit: finance minister
The Kingdom of Saudi Arabia on Wednesday pledged $3 billion in deposits, with disbursement expected in the coming week, and…
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Stocks bleed on US-Iran peace talks failure
In a subdued trading environment, the Pakistan Stock Exchange (PSX) plunged on Monday as heavy selling dragged the benchmark KSE-100…
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Salaried class pays Rs420b tax
Pakistan’s struggling salaried class paid Rs420 billion in income tax in just nine months of this fiscal year, while the…
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Senator questions delay in satellite internet
Prolonged delay in issuing licences for satellite-based internet services will be debated in the Senate as a senator has submitted…
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Oil relief shattered by Hormuz threat
A renewed surge in global oil prices following the end of Islamabad-mediated talks between Washington and Tehran has wiped out…
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Fitch keeps Pakistan’s rating at ‘B-‘
Fitch on Monday kept Pakistan’s highly speculative credit rating of B negative unchanged against hopes for an upgrade and said…
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Mild pullback follows record surge at PSX
The Pakistan Stock Exchange (PSX) on Thursday witnessed a volatile yet largely range-bound session following a record-breaking day in its…
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Urea smuggling risk alarms minister
Federal Minister for National Food Security Rana Tanveer Hussain chaired a high-level meeting of the Fertiliser Review Committee to review…
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FinMin seeks input for budget
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb chaired a virtual meeting with presidents and senior office bearers of…
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SBP reserves rise $19m to $16.4b
Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) recorded a modest increase of $19 million on…
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