Business News
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Pakistan inflation spikes to 31.4% amid high fuel, enery prices
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[ad_1] A person counts Rs100 notes in this undated image. — AFP/File Inflation rose to 31.4% year-on-year in September from 27.4% in August, data from the Pakistan Bureau of Statistics (PBS) showed Monday, as the nation faces high fuel and power rates. The South Asian nation faces an uphill task when it comes to economic…
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Power reforms: Broken promises and rising costs | The Express Tribune
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[ad_1] LAHORE: Financial globalisation has driven the microeconomic reforms in the power sector in the last 30 years. After the unbundling of the Water and Power Development Authority (WAPDA), electricity generation is being done by WAPDA, Pakistan Atomic Energy Commission and a plethora of Independent Power Producers (IPPs). Transmission function is performed by the National…
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Capitalising on human capital | The Express Tribune
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[ad_1] KARACHI: More than a decade ago, CNN anchor Becky Anderson inquired the then prime minister, Yousuf Raza Gilani, about Gallup’s survey report, which showed that a fifth of the Pakistanis want to leave the country. However, the response from the PPP’s PM stunned the anchor when he replied “why don’t they just leave then!”…
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Last date for tax returns submission extended to October 31
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[ad_1] Last date for submission of tax returns has been extended to October 31. Representational image from Unsplash. The Federal Board of Revenue (FBR) announced on Saturday that the last date for submission of income tax returns for the tax year 2023 has been extended to October 31, 2023. The country’s top tax-collection body also…
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Govt slashes petrol price by Rs8 per litre
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[ad_1] Motorcyclists can be seen at a petrol pump in Multan, on July 19, 2023. — APP ISLAMABAD: The caretaker government slashed the price of petrol by Rs8 per litre for the next 15 days, providing some relief to the inflation-burdened masses. Meanwhile, a cut of Rs11 has been announced in the diesel price, after…
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US homebuyers take notes! — Here’s list of America’s cheapest states for affordable living in 2023
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[ad_1] An American home in the state of Ohio. — Unsplash Following are the cheapest states for affordable living in the US in 2023 based on calculated prices of goods, services, realtors’ costs and inflation differences determined from a collection of economic papers. Mississippi In Mississippi, the cost of living is extraordinarily low in comparison…
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PSX leads in global markets | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange (PSX) has taken the lead as one of the best-performing markets globally, showing a remarkable recovery of 12% in the quarter ending on September 29, 2023. Topline Research has indicated that the future direction of the market will be influenced by several key factors in the upcoming quarter, including the…
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Rupee may stabilise at 285/$ | The Express Tribune
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[ad_1] KARACHI: Taking cue from a lot of happenings, the consistently strengthening Pakistani currency is projected to stabilise around the level of Rs285 to a US dollar in the inter-bank market. Any appreciation beyond that level will make imports cheaper and exports expensive, which will result in the widening of trade and current account deficits…
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FBR exceeds tax collection target by Rs35b | The Express Tribune
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[ad_1] ISLAMABAD: The Federal Board of Revenue (FBR) has exceeded the tax collection target for the month of Sept 2023 by Rs35 billion. The FBR maintained that the tax collection target in Sept was set at Rs799 billion, but on the contrary, it collected Rs834 billion. Read also: Tax collection beats target by big margin…
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Monetisation matters: How to get ‘buck for your bang’ without being Instagram influencer
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[ad_1] Logo of Instagram with a cash background. — Unsplash This article will go over a few sincere strategies and helpful pointers for earning money on Instagram while building genuine relationships and leveraging your unique skills to produce steady revenue and do it without feeling under pressure to become a standard influencer. Make money from…
