Business News
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Govt pushes to scale up EV adoption | The Express Tribune
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[ad_1] Listen to article ISLAMABAD: The Ministry of Climate Change and Environmental Coordination (MoCC&EC) on Friday held a high-level meeting with electric vehicle (EV) manufacturers and senior officials. The goal was to identify ways to scale up EV adoption and reduce the country’s dependence on fossil fuels. The meeting was chaired by Secretary MoCC&EC Aisha Humera Moriani.…
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Trump announces lower tariffs on Vietnamese goods in last-minute trade deal
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[ad_1] Nike shoes are seen in the King of Prussia Mall, as global markets brace for a hit to trade and growth caused by US President Donald Trump’s decision to impose import tariffs on dozens of countries, in King of Prussia, Pennsylvania, US, April 3, 2025. — Reuters President Donald Trump has reached a trade…
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Gold up Rs108,500 in FY25 | The Express Tribune
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[ad_1] KARACHI: Gold prices in Pakistan registered a sharp rise over the past year, mirroring gains in the international market and fueled by a combination of currency depreciation, inflationary pressures and strong investor demand. According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-karat gold surged Rs108,500 per tola since…
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Pakistan records sharpest drop in default risk among emerging markets
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[ad_1] A man walks with sacks of supplies on his shoulder to deliver to a nearby shop at a market in Karachi, June 11, 2024. — Reuters ISLAMABAD: Pakistan has topped global emerging markets in reducing sovereign default risk, marking the most significant improvement, according to data from Bloomberg Intelligence. In a statement on X,…
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SMEs with product ideas to compete in US | The Express Tribune
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[ad_1] Listen to article KARACHI: B2B e-commerce platform Alibaba.com has announced a newly expanded pitch competition, CoCreate Pitch, which will take place at the company’s annual CoCreate event. The competition will allow global small and medium enterprises (SMEs) with product ideas to compete for a $1 million prize pool. Selected SMEs and entrepreneurs from Pakistan will have…
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Oil prices fall as Israel accepts ceasefire plan
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[ad_1] Oil tankers pass through the Strait of Hormuz, December 21, 2018. — Reuters TOKYO: Oil prices plunged over 5% on Tuesday after Israel accepted US President Donald Trump’s proposal for a bilateral ceasefire with Iran. The development calmed investor nerves following nearly two weeks of conflict, lifting sentiment across Asian stock markets. European bourses…
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Today’s Major Financial & Geopolitical News – June 23, 2025
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International Headlines 🏛️ Political Developments 💰 Economy Watch 🏭 Sectoral Developments 🛢️ Crude Oil Prices 📌 Market Outlook:Global risk sentiment remains fragile as geopolitical tensions escalate. Energy, defense, and currency markets may see sharp fluctuations. Caution is advised in equity exposure, particularly for oil-dependent and export-driven sectors. 🔔 Stay tuned with Gulrez Securities for real-time…
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Rs36b mini-budget proposed | The Express Tribune
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[ad_1] Listen to article ISLAMABAD: Four days ahead of the approval for Rs435 billion worth of tax measures announced in the budget, the government on Sunday proposed a Rs36 billion mini-budget and eased restrictions on major purchases by individuals with insufficient declared assets. The revised criteria aim to address public concerns about the negative impact of the…
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Trump criticises Fed rates, again considers sacking Powell
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[ad_1] US President Donald Trump looks on as Jerome Powell, his nominee to lead the US Federal Reserve moves to the podium at the White House in Washington, US, November 2, 2017. — Reuters WASHINGTON: US President Donald Trump has once again criticised the Federal Reserve for keeping interest rates high. In a fresh outburst,…
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Pakistan Business & Economic News – June 20, 2025
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Stay informed with the top headlines shaping Pakistan’s economy, trade, and financial markets. Gulrez Securities Pvt. Ltd. presents today’s key business updates, including fiscal reforms, corporate news, and global market shifts: 🚗 SRO 575: Target Set to Increase Auto Sector Tax Collection The Federal Board of Revenue (FBR) has issued SRO 575, aiming to enhance…
