Business News
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Govt keeps petrol, diesel prices unchanged for next fortnight
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[ad_1] A worker filling petrol in a motorbike at Fuel Station in Karachi, September 1, 2023. — PPI ISLAMABAD: The federal government has kept the fuel prices unchanged for the next fortnight in the international market, stated a notification issued by Finance Division. “The Oil [and] Gas Regulatory Authority has worked out the prices of petroleum…
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In a first, PSX crosses 95,000 in day’s trade
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[ad_1] A stock broker looks at a computer during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on July 31, 2023. — AFP Stocks continued their upward momentum on Friday, achieving an all-time intraday high above the 95,000 mark, driven by positive developments, including subdued concerns over the likelihood of an International…
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Intraday: PSX bolts past 94,200 mark on stability hopes
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[ad_1] A broker talks on phone as he looks at an index board showing the latest share prices at the PSX in Karachi on February 10, 2023. — AFP Stocks on Thursday topped the 94,200-point mark, fuelled by economic optimism after reports indicated that the International Monetary Fund (IMF) raised no red flags over Pakistan’s…
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Taxpayers don’t need to visit bank under FBR’s new online payment system
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[ad_1] Headquarter of the Federal Board of Revenue in Islamabad. — APP/File The Federal Board of Revenue (FBR) on Wednesday introduced a new online payment creation system for the taxpayers which does not require them to visit bank physically. In a statement issued by the tax-collecting authority, the system — which would enable secure, efficient, and user-friendly…
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Will petrol prices rise in Pakistan?
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[ad_1] An employee waits for customers at a fuel station in Karachi on August 16, 2023. — AFP KARACHI: Oil marketing company sources informed Geo News on Wednesday that prices of petroleum products may rise by Rs5.50 per litre. The federal government will announce the new prices on November 15, two days from now, and the…
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KP govt reiterates interest in acquiring PIA
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[ad_1] A representational image of PIA airplane. — AFP/File The Khyber Pakhtunkhwa (KP) government has written another letter to the privatisation minister, seeking an update on its previous letter expressing interest in acquiring the national airline, PIA. In its initial correspondence on November 1, the KP government formally declared its readiness to submit a competitive…
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Bitcoin soars to new high around $90,000
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[ad_1] A man walks past a bitcoin monument at Plaza Bitcoin in San Salvador on September 4, 2024. —Reuters SINGAPORE: Following Donald Trump’s victory as US president and anticipations that his government will be crypto-friendly, crypto-traders are riding a surge of euphoria as Bitcoin hovered near $90,000 on Tuesday. In the week following the election,…
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PSX crosses 94,000 for first time, sets intra-day record
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[ad_1] A stock broker looks on during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on July 31, 2023. — AFP The Pakistan Stock Exchange (PSX) surged over 700 points on Monday, reaching an all-time high as the market resisted early calls for a technical correction, according to an analyst. The PSX’s…
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In a first, Bitcoin soars past $80,000 after Trump’s victory
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[ad_1] The picture shows a person holding bitcoin currency. — AFP/File LONDON: Bitcoin reached new heights on Sunday following Donald Trump’s return to the White House that traders bet would be good for the cryptocurrency. The digital currency crossed $80,000 for the first time in its history shortly after 12pm (1200 GMT). It has been rising…
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Minister confirms Saudi Al Baik’s expansion to Pakistan
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[ad_1] An outlet of Saudi food chain Al Baik seen in this undated image. — Facebook/albaiklover Information Minister Attaullah Tarar on Saturday confirmed the expansion of popular Saudi fast-food chain Al Baik in Pakistan. “Saudi investments are growing. Agreements [between both nations] have now exceeded $6 billion. Al Baik is on its way to Pakistan,…
