Pakistan has massively increased petroleum prices up to 103 per cent during past one year, according to official statistics released on Friday.
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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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SBP set to issue monetary policy statement on April 04
The State Bank of Pakistan (SBP) is set to issue a monetary policy statement on April 4, 2023.
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SBP imposes mark lien on delayed export inflows
The State Bank of Pakistan (SBP) has imposed a mark on lien for exporters who fail to realize export money within the prescribed time frame.
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ECC approves TASA for outsourcing three airports
Economic Coordination Committee (ECC) of the Cabinet on Thursday approved a draft Transaction Advisory Agreement (TASA) for outsourcing three airports.
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Pakistan’s foreign exchange reserves drop to $9.816 billion
As of the week ending on March 24, 2023, Pakistan’s foreign exchange reserves have dropped to $9.816 billion, marking a $323 million decline compared to the previous week’s reserves of $10.139 billion on March 17, 2023.
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PKR recovers against dollar to end at PKR 283.66
Pakistani Rupee (PKR) recovered 26 paisas against the US Dollar on Thursday to end at PKR 283.66 in interbank foreign exchange market.
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Taxation structure on cigarettes still lowest in region: FBR
ISLAMABAD: The Chairman of the Federal Board of Revenue (FBR), Asim Ahmad has said that the taxation structure on cigarettes is still the lowest in the region and does not meet the World Health Organization (WHO) criteria.
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Bank borrowing by private sector plunges by 77% in Pakistan
Bank borrowing by Private sector in Pakistan has plunged by over 77 per cent during eight and half months of the current fiscal year when compared with the same period of the last fiscal year.
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Pakistani exchange companies demand regulations for cryptocurrencies
Pakistani exchange companies have demanded the government issue regulations for cryptocurrencies, in order to bring in inflows of dollars into the country.
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SBP may increase policy rate by another 200 bps to 22%: Poll
State Bank of Pakistan (SBP) may increase the benchmark policy rate by 200 basis points to 22 per cent in monetary policy statement scheduled on April 04, 2023.
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