Business
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IPPs: nationalisation a flawed idea
The escalating cost of electricity for industrial, commercial and residential consumers has led to increasing pressure on the government to…
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Gold price in Pakistan on July 29, 2024
The price of gold per ounce increased by $4, reaching $2,390 in the international bullion market. As a result, the…
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Fitch upgrades Pakistan’s rating to ‘CCC+’ from ‘CCC’
International credit rating agency Fitch on Monday upgraded Pakistan’s long-term foreign currency issuer default rating (IDR) from CCC to CCC+.…
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SBP cuts interest rate by 100 bps to 19.5%
The State Bank of Pakistan (SBP) on Monday announced a one per cent reduction in the interest rate, bringing it…
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Bitcoin price reaches $67,500 after five-week low
The price of Bitcoin hit $67,500 again on Friday — the first time after more than five weeks. Bitcoin…
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Federal employees’ pay raise challenged in LHC
A petition has been filed in the Lahore High Court (LHC) challenging the 20 to 25 per cent salary increase…
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OMAP urges PM Shehbaz to save petroleum industry from ‘brink of collapse’
The Oil Marketing Association of Pakistan (OMAP) has penned a letter to the Prime Minister Shehbaz Sharif stating that…
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Ultra-rich threaten to leave Britain over tax changes
For ultra-wealthy entrepreneur Bassim Haidar, living in London has become an expensive indulgence he can no longer justify. While new…
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A Trumpian end to Biden’s America?
America dodged a bullet last Saturday. Trump is not America. But had his would-be assassin succeeded, America would have been…
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Gold becomes popular investment among younger generations
What asset class do millennials and Gen Z investors both want to own? Here is an answer you may not…
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