BUSINESS
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PSX rebounds after sell-off, KSE-100 gains nearly 9,700 points
The Pakistan Stock Exchange (PSX) rebounded on Tuesday, with the benchmark KSE-100 index rising by 9,697 points, or 6.62%, by…
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UAE overtakes Saudi Arabia in remittances
Workers’ remittances sent by overseas Pakistanis declined on a month-on-month basis in February, though inflows remained above the $3 billion…
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Fuel supply fears ease as oil tankers arrive at Port Qasim
Fears of a petrol shortage in Pakistan began to subside on Tuesday as oil shipments began arriving at Port Qasim…
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Asset-based tax for traders proposed
The International Monetary Fund (IMF) has urged Pakistan to introduce a new asset-based tax scheme for traders who remain outside…
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Govt to absorb future fuel price hikes amid Middle East crisis: Ali Pervaiz Malik
Petroleum Minister Ali Pervaiz Malik asserted on Tuesday that there would be no further increases in petroleum prices as the…
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Govt begins 5G spectrum auction with three telecom firms bidding
Pakistan has formally launched the auction of the 5G spectrum on Tuesday, with federal ministers and the Pakistan Telecommunication Authority…
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PSX halts trading as KSE-100 surges over 7pc in intra-day trading
The Pakistan Stock Exchange (PSX) witnessed a sharp rally at the start of trading on Tuesday, with the benchmark KSE-100…
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Nepra approves Rs1.627 per unit hike in FCA for March power bills
The National Electric Power Regulatory Authority (NEPRA) on Wednesday approved a Rs1.62 per unit increase in electricity tariff on account…
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No demand for repayment of $2b loan from UAE, SBP governor briefs NA panel
State Bank of Pakistan Governor Jameel Ahmad said on Wednesday that the United Arab Emirates (UAE) was not demanding repayment…
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China route considered for potato exports
Pakistan is considering routing potato exports to Central Asia through China as regional tensions disrupt traditional trade corridors and increase…
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