Business
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Debt re-profiling cuts interest costs on domestic loans
The government has continued to re-profile domestic debt by retiring high-cost, short-term loans to commercial banks and raising new, lower-interest,…
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Four-month tax target missed
The government has missed its four-month tax collection target by a significant Rs190 billion despite imposing record-high taxes in any…
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EV stations for motorways approved
The government has approved the setting up of 40 electric vehicle (EV) charging stations along motorways at a power tariff…
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Govt meets only two fiscal conditions
Pakistan has missed three out of five major fiscal conditions set by the International Monetary Fund (IMF) for the first…
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Sole bidder offers Rs10b for 60% PIA shares
The government’s first serious attempt to privatise the Pakistan International Airlines fell through on Thursday when the sole bidder offered…
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Policy shifts spook Saudi investors
Saudi investors have expressed serious concerns over the ‘change of policies’ and ‘trust deficit’ by different governments in Pakistan, terming…
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PSX hits record high amid investor optimism
Pakistan Stock Exchange (PSX) surged to a new all-time high on Tuesday, gaining over 650 points, as investors responded to…
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USD exchange rate: Rupee strengthens against dollar
In the latest updates, the buying and selling rates for the US Dollar (USD) are reported at Rs276.10 and Rs278.85,…
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Gold prices climb Rs2,300 per tola amid global market gains
The price of gold in Pakistan has reached Rs 287,300 per tola today, while 10 grams of 24K gold are…
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PSX soars to record high as KSE-100 tops 91,800 points
Pakistan Stock Exchange (PSX) continued its record-breaking streak on Wednesday, with the KSE-100 index reaching a fresh all-time high of…
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