Business

ISLAMABAD: After hike in petroleum prices, transporters have also announced increase in their fare across the country. Fares from Lahore to Rawalpindi have been increased from 2200 to 2450Pkr, Lahore to Peshawar from Rs.2500 to 3000,…
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ISLAMABAD:(Rana Tariq) Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar held a meeting with IMF review Mission led by IMF Mission Chief Mr. Nathan Porter at Finance Division, today. Ms. Esther Perez Ruiz , IMF resident…
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ISLAMABAD: Debt Burdon on every Pakistani has jumped to Rs 216708, potentially by 21 percent compared to the end of previous fiscal year, local media reported Sunday. The media report, quoting annual report of the Ministry of Finance,…
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ISLAMABAD:(Rana Tariq) Masses were left in agony Sunday as Finance Minister announced an increase of Rs 35 in per litre prices of Petrol, effective as of 11 am on Sunday. The announcement was made in a brief televised address by Finance…
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NEW YORK: Oil prices reversed earlier gains on Friday as indications of strong Russian oil supply offset better than expected US economic growth data, strong middle distillate refining margins and hopes of a rapid recovery in Chinese…
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ISLAMABAD: Economic Coordination Committee (ECC) Chairman and Finance Minister Ishaq Dar has lashed out at the tractor industry for its lack of response despite getting several incentives. A number of initiatives had been taken but the…
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KARACHI: The Pakistani currency maintained a freefall for a second consecutive day, plunging by a fresh 4.78% (or Rs12.87) to a new all-time low of Rs268.30 against the US dollar in the interbank market at around 10:30 am on…
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KARACHI: The information technology industry of Pakistan appears frustrated as it needs state assistance to help the struggling IT companies to grow their exports. It regrets that the two key government institutions, the State Bank of…
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ISLAMABAD: The difference between the USD-PKR exchange rate in the interbank and open markets narrowed on Thursday as the local currency depreciated sharply after the Exchange Companies Association of Pakistan (Ecap) removed an unofficial…
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ISLAMABAD: Shares at the Pakistan Stock Exchange (PSX) continued to rally on Thursday, with the benchmark index crossing the key 40,000 points mark. The KSE-100 index jumped 1020.82 points, or 2.57 per cent, to reach 40,805.72 points at…
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