Tribune
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Glitch in IRIS portal perturbs businessmen | The Express Tribune
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[ad_1] KARACHI: Industrialists have voiced concerns over the glitches in the Federal Board of Revenue’s (FBR) IRIS portal, citing that they were not able to file the sales tax returns. The FBR had extended the date to file the sales…
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Industry hints at looming diesel shortage | The Express Tribune
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[ad_1] ISLAMABAD: The oil industry has set off alarm bells after it warned about an imminent diesel crisis in the wake of stock depletion and the RussiaUkraine conflict. In a recent meeting of the National Price Monitoring Committee (NPMC), Finance…
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Wage hike will lift inflation: Baqir | The Express Tribune
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[ad_1] ISLAMABAD: The government’s plan to provide solace to the inflationbitten segments of society faces execution challenges, as the central bank governor has warned about further rise in inflation by over 2% due to increase in minimum wages. The proposal…
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REER appreciates to 97.03 in January 2022 | The Express Tribune
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[ad_1] KARACHI: Pakistan’s real effective exchange rate (REER) – the value of country’s currency against a basket of currencies of global trading partners –appreciated slightly to 97.03 points but still remained close to its fair value and indicated that exports…
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Another big rise in oil prices likely | The Express Tribune
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[ad_1] ISLAMABAD: As tensions boil over in Europe after Russia’s invasion of Ukraine, the prices of petroleum products in Pakistan are likely to surge by up to Rs9.59 per litre from March 1, 2022. In mid-February, the government has already…
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Twin deficits to remain ‘higher’ | The Express Tribune
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[ad_1] ISLAMABAD: Slippages are expected against the budget targets set for fiscal and external sectors — the mother of the country’s economic crisis — as the policy measures to contain imports could not create an impact, revealed a new government…
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Market watch: Stocks rally as global equities recover | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange on Friday got some relief from yesterday’s free fall and recovered slightly as a rebound in global equity markets and slide in international crude oil prices revived the interest of nervous investors. The benchmark…
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China’s forex market transacts 19.45 trillion yuan in January | The Express Tribune
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[ad_1] BEIJING: China’s foreign exchange (forex) market recorded transactions of 19.45 trillion yuan, equivalent to 3.06 trillion US dollars, in January, official data showed Friday. Specifically, the transaction volume of the client market totalled 3.32 trillion yuan last month, while…
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Oil prices take breather as Russia advances further on Ukraine | The Express Tribune
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[ad_1] LONDON: Oil prices slipped on Friday, after sharp rises in the session, on concern over potential global supply disruptions from sanctions on major crude exporter Russia. The April Brent crude futures contract was down $0.33, or 0.3%, to $98.75…
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SSGC director suspected of insider trading | The Express Tribune
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[ad_1] ISLAMABAD: A board member of a public gas utility, appointed by the government, has bought 200,000 shares of the company in the name of his wife, raising questions of possible insider trading. Sui Southern Gas Company (SSGC) is a…
