Friday saw bulls dominate the Pakistan Stock Exchange PSX shares rise by over 900 points after the IMF signaled its willingness to work with the new administration. The PSX website said the KSE-100 index finished at 62,815.81 points, up 901.47 points, 1.46 percent from 61,914.34. The IMF said today it looks …
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After eight years in the position, Mr. Allan will depart Tesco in June. He continued: “It is with regret that I am having to prematurely stand down from my position as chair of Tesco following the anonymous and unsubstantiated allegations made against me, as reported by the Guardian.” According to …
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ISLAMABAD: To facilitate and lower the cost of trade between the two nations, Pakistan and Russia have inked a bilateral trade agreement. The agreement was made in Kazan, Russia, at a three-day economic summit for Muslim nations that came to an end on Friday. Participants at the conference came from …
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The rupee dropped 74 paise in the interbank market on Wednesday, almost reaching an all-time low against the US dollar. The local currency lost 0.31 percent of its value from yesterday’s finish of Rs238.91, closing at Rs239.65 per dollar. On July 28, the rupee fell to a record low of …
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“Pakistan’s economic and political situation isn’t stable right now.” Every time we turn on the TV, tune in to the radio, or explore social media, we frequently hear things like these. Although it is necessary to be aware of the state of the nation, it is not beneficial to constantly …
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Given that negative attitudes frequently have a snowball effect and create even more negativity, Cnergyico’s campaign is extremely needed. Indeed, if left uncontrolled, it can have an effect on people’s mental attitudes, which can then have an effect on their family lives, careers, and health. Cnergyico proposes that in order …
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KARACHI: The government finally announced the updated prices of petroleum goods in the wee hours of Wednesday, increasing the price of gasoline by Rs1.45, following a six-day wait. According to protocol, the notification of updated rates is sent out at midnight. But this time, the Finance Division’s notification arrived at …
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Due to worries over supply, oil prices increased somewhat on Wednesday. However, investor fears that this could trigger a recession and reduce fuel demand prevented advances due to forecasts of yet another aggressive interest rate hike by the US government. After dropping $1.38 the day before, Brent crude futures gained …
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The rupee dropped 84 paise in morning interbank trading on Wednesday, approaching an all-time low versus the US dollar. According to data released by the Forex Association of Pakistan (FAP), the local currency was trading at Rs239.75 per dollar at 12:13 p.m., down 0.35 percent from yesterday’s finish of Rs238.91. …
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LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) on Monday termed Prime Minister Shahbaz Sharif’s performance unsatisfactory and urged him to deliver fast to put the country’s economy in the right direction. “This is a fact that he couldn’t come up to our expectations and perhaps he couldn’t deliver …
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