Business
The KSE-100 index exhibits indications of a recuperative trend
Karachi: After a few rough starts in the past few days, the Pakistan Stock Exchange (PSX) showed signs of improvement...
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New refining policy cuts furnace oil output 78%
KARACHI: Pakistan's recently authorised Brownfield Refining Policy will reduce all refiners' furnace oil output by 78% to 3,400 tonnes per...
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Petroleum products prices increased
ISLAMABAD: In response to a rise in global oil prices, the caretaker government has increased the price of petroleum products...
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Oil prices are likely to rise in the near future
ISLAMABAD: In its next bimonthly review, which will take place from August 16 to 31, Pakistan is thinking about raising...
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Rupee will remain ‘range-bound’ the following week
KARACHI: Analysts told that a forex market equilibrium between demand and supply will keep Pakistani currency steady this week. The...
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SBP forecasts lower inflation, higher growth
KARACHI: A senior SBP official expected inflation to gradually drop and the economy to improve. On Saturday's podcast, SBP Monetary...
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Amyris biotech applies for bankruptcy to boost liquidity
Webdesk: According to Reuters, biotech company Amyris Inc. has filed for bankruptcy in a US court. As well as found...
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Consumer prices rising moderately lower US inflation
WASHINGTON: US consumer prices rose little in July as higher rents were partly offset by dropping prices of commodities like...
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DISCOs want a Rs6 per unit power pricing increase
ISLAMABAD: In another troubling development for energy consumers, Pakistan's 10 power distribution companies (DISCOs) have requested a further hike of...
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PayPal launches game-changing stablecoin
Webdesk: PayPal's stablecoin has shaken the cryptocurrency market. PayPal is the first major US financial company to launch a stablecoin,...
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