Business
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Govt rightsizing drive starts with IT ministry
The government has decided to shut down and privatise certain institutions attached to the Ministry of Information Technology & Telecommunication…
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$2b investment deal with Maersk on cards
Federal Minister for Maritime Affairs Qaiser Ahmed Sheikh has announced that he will leave for Denmark this month to sign…
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Why is electricity so expensive in Pakistan?
Energy Minister Awais Leghari revealed during a meeting of the Senate Standing Committee on Energy, chaired by Mohsin Aziz, that…
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Govt defers NBP privatisation
The government, on Monday, deferred a decision on the privatisation of the National Bank of Pakistan (NBP) due to a…
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PM Shehbaz vows to reduce electricity prices in Pakistan
Prime Minister Shehbaz Sharif announced on Friday that reducing electricity prices was a top priority for the PML-N government and…
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Gold prices in Pakistan surge to all-time high
Gold prices in Pakistan soared to a record high on Friday, reflecting a global surge in the commodity’s value driven…
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Gold soars to record high
Gold surged to a new all-time high of Rs257,300 per tola (11.66 grams) in Pakistan on Friday, driven by weaker…
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Govt to import expensive urea to meet shortfall
The government on Friday approved import of 100,000 metric tons of fertiliser at a price of $359 per ton but…
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CCOP okays sale of six power firms
The Cabinet Committee on Privatisation on Friday approved the sale of six highest loss-making power distribution and four power generation…
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Fitch upgrades Pakistan’s long-term rating
Fitch Ratings has upgraded Pakistan’s long-term foreign currency issuer default rating (IDR) to “CCC+” from “CCC”, indicating improvement in the…
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