Business News
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Gold price in Pakistan gains Rs1,000 per tola | The Express Tribune
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[ad_1] KARACHI: The price of gold per ounce rose by $10 In the international bullion market, reaching $2,355, up from the previous $2344. Yesterday, the price of gold per ounce rose by $21, bringing the new global price to $2,345…
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New electricity tariffs announced: How much will your bill increase? | The Express Tribune
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[ad_1] The Power Division has announced the implementation of new electricity tariffs starting from July 2024. According to the division’s statement, most consumers will see a slight increase in their monthly bills due to the updated tariffs. To mitigate the…
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PSX reaches new high with 331-point gain | The Express Tribune
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[ad_1] The Pakistan Stock Exchange (PSX) gained 331 points to reach an impressive 80,564.95 during intra-day trading at 11:50am on Thursday, up from the previous 80,233 points. The surge reflects a continued bullish trend, marking a 0.41% increase from the…
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Electric shock for millions as tariffs soar | The Express Tribune
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[ad_1] ISLAMABAD: In yet another shock to the tax-bitten masses, the government on Wednesday approved up to 51% or Rs7.12 increase in the per-unit price of electricity from July, the highest raise in terms of percentage for the lower income…
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New IMF deal on cards as Pakistan ‘fulfils all requirements’
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[ad_1] This file photo taken on January 26, 2022, shows the seal for the International Monetary Fund (IMF) in Washington, DC. — AFP KARACHI: The Pakistan Muslim League-Nawaz (PML-N)-led coalition government hopes to secure an International Monetary Fund (IMF) bailout…
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PSX hits historic milestone, closes above 80,000 points for first time | The Express Tribune
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[ad_1] The Pakistan Stock Exchange (PSX) achieved a historic milestone on Wednesday as the KSE-100 index closed at 80,233.67 points, marking the first time it has ended a session above the 80,000 mark. This significant surge follows a continued bullish…
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Privatisation, rate cut expectations propel KSE-100 beyond 80,000 Points
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[ad_1] A trader is busy on call as resumes business at the Pakistan Stock Exchange (PSX) building in Karachi. — PPI/Files KARACHI: Stocks on Wednesday soared past the 80,000 mark, buoyed by the heightened investor interest in state-owned enterprises (SOEs) and hopes…
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What are the demands of petroleum dealers? | The Express Tribune
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[ad_1] The Pakistan Petroleum Dealers Association (PPDA) has demanded the immediate withdrawal of the advance income tax within four days, threatening a nationwide strike if their demands are not met. “We have clearly stated that we will take strict action,”…
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Petroleum demand hits 18-year low | The Express Tribune
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[ad_1] KARACHI: Despite the demand for petroleum oil products hitting an 18-year low at 15.3 million tonnes in the fiscal year 2023-24, which ended on June 30, the government is estimated to have collected an outstanding Rs1 trillion in petroleum…
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Bullish trend continues as PSX surges by nearly 900 points | The Express Tribune
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[ad_1] The Pakistan Stock Exchange (PSX) continued its bullish streak on Tuesday, with the KSE-100 index gaining an impressive 892 points. This surge propelled the index to stand at an all-time 79,717.31 points high during intra-day as of 2:18 PM,…
