Karachi, February 14, 2024 – Gold prices witnessed a significant drop in Pakistan on Wednesday, plummeting to Rs 210,800 per tola, driven by a substantial decline in the international markets.
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Top stories featuring the most important and trending news updates from politics, business, world affairs, and breaking events across various sectors.
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Pakistan Witnesses 10.59% Drop in Saving Certificates Investment
Karachi, February 14, 2024 – In a significant economic development, Pakistan has experienced a notable 10.59 percent decline in investments in saving certificates issued by the Central Directorate of National Savings (CDNS).
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ECC Approves Rs 7.49 Billion Ramazan Relief Package
Islamabad, February 13, 2024 – In a significant move aimed at providing relief to the targeted beneficiaries of the Benazir Income Support Programme (BISP) during the holy month of Ramazan, the Economic Coordination Committee (ECC) of the Cabinet has approved a Rs7.492 billion Ramazan Relief Package.
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Pakistan’s Car Sales Witness Staggering 48% Decline in 7MFY24
Karachi, February 13, 2024 – Pakistan’s automotive industry has experienced a significant setback with a staggering 48 percent decline in car sales during the first seven months (July – January) of the fiscal year 2023-24.
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PTCL Records Widening Annual Losses at Rs 14.15 Billion in 2023
Karachi, February 13, 2024 – Pakistan Telecommunication Company Limited (PTCL) revealed on Tuesday that its annual losses for the calendar year 2023 widened to Rs 14.15 billion, as reported in the financial statement shared with the Pakistan Stock Exchange (PSX).
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Pakistan Petroleum Celebrates Successful Drilling at Hala
Karachi, February 13, 2024 – Pakistan Petroleum Limited (PPL) achieved a significant milestone on Tuesday with the successful drilling and testing of the Adam-2 well in the Hala region.
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Pakistan’s Public Debt Soars to 74.8% of GDP: SBP Report
Karachi, February 12, 2024 – Pakistan’s economic landscape is grappling with a significant challenge as the State Bank of Pakistan (SBP) reveals that the country’s public debt has surged to 74.8 percent of the Gross Domestic Product (GDP) by the end of December 2023.
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Pakistan Stocks Plunge 1,879 Points in Post-Election Uncertainty
Karachi, February 12, 2024 – The Pakistan Stocks experienced a sharp decline on Monday, with stocks plummeting by 1,879 points in the wake of heightened political uncertainty following the general elections.
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Active Taxpayers of 2022 Given Tax Benefits Until February 29
Karachi, February 12, 2024 – Active taxpayers for the tax year 2022 are granted an extended window to avail themselves of reduced tax rates, with the deadline set for February 29, 2024, announced the Federal Board of Revenue (FBR).
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Unregistered Prize Bonds Worth Rs 4.77 Billion Await Redemption
Karachi, February 12, 2024 – Unclaimed prize bonds worth a staggering Rs 4.77 billion are still up for grabs as the State Bank of Pakistan (SBP) extends the deadline for conversion until June 30, 2024.
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