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Outcry from business class on super-tax; PSX crashes by 2,055 points
KARACHI: Right after Prime Minister Shehbaz Sharif’s announcement to apply a 10 per cent super-tax on major industries, the benchmark...
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PM Shehbaz imposes Super-Tax on multiple sectors
Islamabad: A super-tax of 10 per cent has been imposed by Prime Minister Shehbaz Sharif on industries and large-scale manufacturers....
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Foreign exchange reserves of Pakistan down by $748 million
KARACHI: State Bank of Pakistan’s (SBP) foreign exchange reserves have dropped to $8.24 billion, after recording a decline of $748...
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Covid-19 positivity ratio increases across country
KARACHI: The Covid-19 positivity ratio has started to increase in different areas of the country. According to official data available...
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Loan approval from Chinese banks; Rupee gains Rs3.94 in interbank market
KARACHI: After the Chinese banks approved a loan of $2.3 billion, the local currency showed good progress during the intraday...
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Earthquake of 6.1 magnitude strikes Afghanistan
KABUL: On Wednesday, Afghanistan was shaken by a 6.1 magnitude earthquake. As per current reports, 950 people have died in...
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Yasir Shah returns for Sri Lanka Tests
LAHORE: Leg-spinner Yasir Shah marks his return to the national men’s side as chief selector Muhammad Wasim today announced an...
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IMF agrees to release $1 billion tranche; Rupee shows slow progress
ISLAMABAD: After a long wait, the International Monetary Fund (IMF) has agreed to release the $1 billion tranche. Finance Ministry...
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Post-mortem to be performed on Aamir Liaquat on June 23
KARACHI: Following the local court's order of exhuming Aamir Liaquat's body for post-mortem, a six-member medical board will perform the...
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Dollar reaches new highs of Rs212
KARACHI: On the back of Pakistan staring directly at a default, the greenback is pushing the local currency to a...
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Young trader killed during robbery bid in Karachi
A 22-year-old trader was tragically shot dead during a robbery attempt on New M.A. Jinnah Road on Sunday evening, according...
PSX soars over 1,200 points amid optimism on inflation and interest rate cuts
The Pakistan Stock Exchange (PSX) maintained its bullish momentum on Monday as the benchmark KSE-100 index surged 1,248.84 points, or...
PTI suspends Islamabad protest following deadly clashes, appeals for justice
The Pakistan Tehreek-e-Insaf (PTI) announced the suspension of its Islamabad sit-in early Wednesday after a day of intense clashes in...
KSE-100 Index surges over 600 points amid banking sector rally
Bullish sentiment dominated the Pakistan Stock Exchange (PSX) on Monday as the KSE-100 index climbed 621.85 points, or 0.64 per...
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