Business News
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6% growth rate by 2025 targeted | The Express Tribune
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[ad_1] ISLAMABAD: The government has finalised a China-centric and tradable sectors-focused three-year economic growth strategy to achieve an average growth rate of 5.9% and per capita income of over $2,100 by 2025. The Planning Commission has shared the broader contours…
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Industrialisation to create jobs, boost exports | The Express Tribune
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[ad_1] ISLAMABAD: The government is paying special attention to promoting industrialisation to create employment opportunities and enhance exports, said Prime Minister Imran Khan. Chairing a meeting on Wednesday to discuss the planning framework for national development and systemic reforms, the…
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Govt allows import of cranes for wind farm | The Express Tribune
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[ad_1] ISLAMABAD: The government, almost after one year, has finally given one-time import permission to Tricom Wind Power (Private) Limited, which is engaged in setting up a 50-megawatt wind farm in Sindh. In this regard, the government has relaxed the…
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NEPRA rejects Rs28b collection from consumers | The Express Tribune
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[ad_1] ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Wednesday rejected a request of power distribution companies for the transfer of Rs28 billion burden to power consumers on account of quarterly adjustments and asked the petitioner to resubmit the…
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Fishermen end protest at Karachi Port | The Express Tribune
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[ad_1] KARACHI: Fishermen have called off a protest following successful negotiations with the Ministry of Maritime Affairs on Wednesday which paved the way for the shipping activity on Karachi Port to resume. Earlier, owing to the failure of talks with…
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Foreign debt peaks to $13b in Jul-Jan | The Express Tribune
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[ad_1] ISLAMABAD: The government received over $13 billion in foreign loans during the first seven months of current fiscal year, an increase of 70% over the same period of previous year, with no immediate respite in sight from growing indebtedness…
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‘Livestock can become billion-dollar industry’ | The Express Tribune
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[ad_1] KARACHI: The government is taking steps to enhance the production of milk and meat to make dairy, livestock and poultry sectors a success story, said Punjab Minister for Livestock and Dairy Development Sardar Hasnain Bahadur Dreshak. Speaking to participants…
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OGDC’s profit surges 87% to Rs35.3b | The Express Tribune
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[ad_1] KARACHI: Oil and Gas Development Company’s (OGDC) profit after tax soared 87% to Rs35.3 billion in October-December 2021 owing to an exponential surge in other income. According to a notice sent to the Pakistan Stock Exchange, the oil and…
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Pakistan mulls uses of Thar coal | The Express Tribune
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[ad_1] KARACHI: Pakistan is working on a number of options to scale up the utilisation of Thar coal reserves including for power production, converting it into liquid and gas for fertiliser manufacturing, increasing its nationwide supplies through railways and exporting…
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Market watch: Stocks rise, aided by IT sector package | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange staged a rebound on Wednesday as the KSE-100 index climbed 121 points, aided by investor interest in technology stocks. The approval of an incentive package for the IT industry by Prime Minister Imran Khan…
