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Govt plans to add 20m new taxpayers during 5 years | The Express Tribune
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ISLAMABAD: The federal government has shared with the IMF a five-year revenue generation plan aiming at bringing more than 20 million new tax payers in the tax net. The plan includes proposed targets for broadening the tax net during the…
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MSCI set to add four Pakistani firms to FM index | The Express Tribune
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KARACHI: Morgan Stanley Capital International (MSCI) is expected to include four additional Pakistani companies in its global Frontier Market (FM) index next month, driven by a rise in their share prices. This move is likely to attract international investors, who…
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Rupee fall, high prices add to fuel subsidy | The Express Tribune
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ISLAMABAD: The continued rise in global crude oil prices and depreciation of the rupee against the US dollar have increased the cost of petroleum product subsidy. With the rupee’s fall, a 3.17% increase in prices of petroleum products has been…
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Oil rises as Libya outages add to Russia supply fears | The Express Tribune
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LONDON: Oil rose on Monday in choppy trade, with Brent crude topping $113 a barrel, as outages in Libya deepened concern over tight global supply and the Ukraine crisis dragged on, offsetting concern over slowing Chinese demand. Adding to supply…
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PSX to add more companies to GEM board | The Express Tribune
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KARACHI: The Pakistan Stock Exchange (PSX) is in the process to list an additional three to four growth companies on its separately developed Growth Enterprise Market (GEM) board by the end of December 2022. To achieve this, the bourse has…
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Surging oil prices add to worries of frazzled investors | The Express Tribune
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NEW YORK: A US stock market, already on edge from a hawkish Federal Reserve and a conflict between Russia and Ukraine, now has another worry ie higher oil prices. US crude prices stand at around $91 a barrel after surging…
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MSCI to add Pakistan to FM 100, FM 15% Country Capped index | The Express Tribune
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KARACHI: The Morgan Stanley Capital International (MSCI) has announced to add Pakistan into MSCI Frontier Markets 100 and MSCI Frontier Markets 15% Country Capped indexes in May as global investors showed willingness to invest in local businesses. On Thursday, MSCI…
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Oil prices stable at $90, Iran supply prospects add pressure | The Express Tribune
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LONDON: Oil prices were stable around $90 a barrel on Wednesday but the prospect of increased supply from Iran and the United States kept pressure on the market. Brent crude futures edged down $0.36, or 0.4%, to $90.42 a barrel…
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MSCI likely to add Pakistan to FM 100 index | The Express Tribune
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ISLAMABAD: The Morgan Stanley Capital International (MSCI) will announce the results of its consultation with global investors for potentially making Pakistan a part of its Frontier Market (FM) 100 index and FM 15% Country Capped index, developing an outlook for…
