Business
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ADB assures Pakistan $2b annually in loans
The Asian Development Bank (ADB) has assured Pakistan of providing $2 billion annually in new loans, as Islamabad seeks half…
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Oil prices climb 1% on US output concerns
Oil prices rose more than 1% on Thursday, extending a rebound spurred by concern over Hurricane Francine’s impact on US…
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Rate cut optimism propels PSX higher
Pakistan Stock Exchange (PSX) remained bullish on Thursday as investor optimism propelled the KSE-100 index higher by over 350 points,…
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Business leaders criticise SBP’s 2% rate cut
Industrialists, chambers, associations, and other trade bodies have criticised the State Bank of Pakistan’s (SBP) recent 2% cut in the…
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Pakistan resolves IMF issues to unlock $7 billion loan
Pakistan on Thursday announced that it had amicably resolved all outstanding issues with the International Monetary Fund paving the way…
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Blue economy offers path to growth, says Ishaq Dar
Deputy Prime Minister and Foreign Minister Ishaq Dar on Thursday highlighted Pakistan’s blue economy as a key driver of national…
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Dar rejects gas allocation proposals
Ishaq Dar, Chairman of a high-level committee on oil and gas, on Monday turned down a framework proposed by the…
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Rupee weakens slightly on IMF loan delay
The Pakistani rupee depreciated by Rs0.10, closing at Rs278.64 against the US dollar in the inter-bank market on Monday. This…
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Inflation slows to three-year low
Pakistan’s annual inflation rate has decreased to 9.6% in August, the lowest level in nearly three years, due to a…
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Pakistan records lowest inflation in nearly three years
Pakistan’s consumer price index (CPI) rose by 9.6 per cent year-on-year (YoY) in August, marking a 34-month low, according to…
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