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PSX surges over 9,900 points as Pakistan-India tensions ease
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[ad_1] A stockbroker monitors the share prices during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on May 16, 2022. — AFP The Pakistan Stock Exchange (PSX) witnessed a strong surge on Monday as easing tensions between…
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Pakistan inflation expected to ease to 8-9% by October: Finance Division
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[ad_1] People are buying groceries from makeshift stalls at the weekly “Sunday Market” in Lahore on April 2, 2023. — Online Pakistan’s headline inflation is likely to lose more steam over the next two months, coming down to around 8-9%,…
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Buna-Raast: PM Shehbaz unveils project to ease remittances from Arab countries | The Express Tribune
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[ad_1] Listen to article Prime Minister Shehbaz Sharif has launched the Buna-Raast connectivity project, marking a significant step forward in enhancing Pakistan’s digital payment infrastructure. The initiative links Pakistan’s Raast payment system with the Arab Monetary Fund’s Buna platform, enabling millions of…
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SBP slashes policy rate to 19.5% as inflationary pressures ease
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[ad_1] SBP Governor Jameel Ahmad addressing a press conference in Karachi on July 29, 2024. — Screengrab via Geo News The State Bank of Pakistan (SBP) on Monday cut the interest rate from 20.5% to 19.5%, marking the second consecutive…
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Ease of doing business: cases of Malaysia, Pakistan | The Express Tribune
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[ad_1] ISLAMABAD: In 2010, Malaysia was ranked No 116 in the world in terms of ease of construction permits, which was one of the many parameters that the World Bank used to compare countries on the “Ease of Doing Business”….
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Pension reforms introduced to ease burden on exchequer
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[ad_1] An undated image of a cashier counting Rs500 notes. — AFP/File ISLAMABAD: The federal government has introduced pension reforms to cut financial expenditures after proposing a 15% hike in pensions of government employees in the Budget FY25 unveiled earlier…
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Govt reduces petrol, diesel prices to ease inflation pressure | The Express Tribune
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[ad_1] The government announced on Friday a significant reduction in petrol and high-speed diesel (HSD) prices for the upcoming fortnight, providing relief to consumers grappling with inflation. Effective from June 15, petrol prices will decrease by Rs10.20 per litre, bringing…
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Oil prices fall as ME tensions ease | The Express Tribune
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[ad_1] LONDON: Oil prices were moderately lower on Wednesday as worries over conflict in the Middle East eased and business activity in the world’s largest oil consumer slowed, however, a fall in US crude oil inventories put a floor on…
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SBP injects Rs8tr to ease liquidity woes | The Express Tribune
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[ad_1] KARACHI: Pakistan’s central bank has injected over Rs8 trillion into conventional and Shariah-compliant banks for up to four weeks, addressing the liquidity crunch in the financial system to ensure smooth banking operations in the country. Commercial banks’ dependence on…
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Sri Lanka to ease limits on rupee conversion | The Express Tribune
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[ad_1] COLOMBO: Sri Lanka has approved gradually lifting some limits on converting rupees to foreign exchange for outward remittances and the new directions will be presented to parliament for approval, cabinet spokesperson Bandula Gunawardane said on Tuesday. The island nation’s…
