Tribune
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‘Pakistan set to secure second IMF tranche’ | The Express Tribune
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[ad_1] KARACHI: Pakistan is on track to secure the International Monetary Fund’s (IMF) first economic review under its $3 billion loan programme in November, paving the way for the release of the second tranche of $700 million, despite some missed…
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Exports to China increase by 5.16% | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan’s exports of goods and services to China have increased by 5.16% in the first two months of the fiscal year 2023-24, reaching $350.297 million, compared to $333.077 million in the same period last year. This marks a…
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Report projects up to Rs41 cut in oil prices | The Express Tribune
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[ad_1] KARACHI: The government is expected to make a massive reduction of up to Rs41 per litre in petroleum product prices for the second fortnight of October as a sharp drop in the global oil market and a significant recovery…
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Fuel prices may undergo major dip from 16th | The Express Tribune
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[ad_1] ISLAMABAD: The prices of petrol and high-speed diesel (HSD) are expected to further decline significantly in Pakistan from October 16 after the reduction in the rates of petroleum products in the international market. The global oil prices were on…
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Crackdown pulls down gold price sharply | The Express Tribune
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[ad_1] KARACHI: The price of gold has dropped sharply in the domestic market in the wake of stern action against the mafia involved in illegal activities. Since the crackdown on illicit trade, the price of gold has come down by…
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NEPRA okays Rs1.71 per unit hike in power tariff | The Express Tribune
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[ad_1] ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved an increase in the price of electricity by Rs1.71 per unit on account of Fuel Cost Adjustment (FCA) for the month of August 2023 and issued a notification in this regard….
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Customer deposits ‘perfectly safe’, clarifies SBP | The Express Tribune
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[ad_1] The State Bank of Pakistan on Thursday clarified that customer deposits are “perfectly safe” owing to the sound banking system in Pakistan. The clarification by the central bank comes following reports in certain sections of the media that implied bank deposits…
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PSO diversifies business to boost revenue | The Express Tribune
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[ad_1] KARACHI: State-owned Pakistan State Oil (PSO) has diversified its business as it set up fintech, venture capital and renewable energy companies in an effort to continue earning revenue of trillions of rupees. It comes at a time when the…
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Petroleum sales fall to 44-month low | The Express Tribune
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[ad_1] KARACHI: The demand for petroleum products in Pakistan hit a 44-month low at 1.06 million tons in September 2023, primarily due to a surge in prices in line with global uptrend. Topline Research analyst Myesha Sohail, in a commentary,…
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Minister calls for national seed policy | The Express Tribune
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[ad_1] ISLAMABAD: Caretaker Federal Minister for National Food Security and Research, Dr Kausar Abdullah Malik, on Tuesday, convened a meeting to address Pakistan’s seed system. The gathering, attended by key stakeholders, aimed to evaluate challenges and future prospects. According to…
