BUSINESS
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Pakistan inflation falls to 34-month low of 9.6% in August
Pakistan’s headline inflation clocked in at 9.6% on a year-on-year basis in August compared to 11.1% in the last month...
Moody’s upgrades ratings of five Pakistani banks
International rating agency Moody’s on Saturday upgraded the ratings of five major Pakistani banks, citing improved economic conditions in the...
PIA to be privatised by October 1
Secretary of the Privatisation Commission has told Senate Standing Committee here on Thursday that denationalisation of PIA process would be...
Another slash in petrol prices expected
The federal government is considering a reduction in petrol price, which will be a third consecutive decrease in petroleum products...
Gold prices hitting a new record at Rs263,700 per tola
Gold prices in Pakistan continued to march upwards on Saturday, hitting a new record in the local market. In the...
Another autopart manufacturer shuts down plant in Pakistan
The auto sector in Pakistan faces another blow as Bolan Casting Limited, a manufacturer of bus and truck parts, has...
Utility stores causing financial constraints to be shut down across country
The federal government has decided to shut down utility stores across Pakistan due to financial constraints, Industry and Production Ministry...
KE seeks Rs3.09 per unit hike in power tariff
A day after the National Electric Power Regulatory Authority (NEPRA) approved K-Electric’s (KE) request for a hike in electricity tariff...
Govt initiates process to privatise DISCOS
The federal government on Thursday formally initiated the privatising process of power distribution companies also known as Discos. Proposals have...
State Bank decides to replace currency notes
The State Bank of Pakistan (SBP) decided to replace currency notes with denominations ranging from Rs 10 to Rs 5,000....
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