An earthquake rocked parts of Pakistan including Islamabad, Lahore, and a number of other cities in Punjab and KP on Thursday evening. According to initial reports, the magnitude of the earthquake was 5.5 on the Richter scale.The epicenter of the earth…
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SECP to Reform PMEX for Creating Linkage with Rural Economy: Chairman
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Securities and Exchange Commission of Pakistan (SECP) Chairman Akif Saeed has said regulatory and structural reforms will be introduced along with product development to link Pakistan Mercantile Exchange (PMEX) with the rural economy of Pakistan.The ch…
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Edible Oil Industry Warns of Price Hike, Shortages Over LCs Issue
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The edible oil industry has asked the State Bank of Pakistan (SBP) and Ministry of Finance to direct the commercial banks to honor its request for the opening of Letters of Credit (LCs) to avoid a national crisis and shortage of ghee and cooking oil in…
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PM Forms Committee to Resolve Issues of IT Industry
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Prime Minister Shehbaz Sharif Thursday constituted a committee to resolve the issues of the IT industry.Chairing a meeting regarding the promotion of the IT industry, the premier said that the development of the IT sector can place the country’s econom…
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Najam Sethi Reacts Sarcastically to Jay Shah’s Asia Cup 2023 Schedule
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PCB Chairman, Najam Sethi, sarcastically asked India’s Jay Shah to decide the schedule for Pakistan Super League 2023 after he one-sidedly announced the details for Asia Cup 2023.PCB and BCCI had developed a disagreement when Jay Shah announced to chan…
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Pakistan’s Public Debt Increased 24% in One Year to Rs. 51 Trillion
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The total public debt stock of the federal government increased by 24 percent or Rs. 10 trillion to Rs. 50.9 trillion on a year-on-year (YoY) basis in November 2022 as compared to the same month of the last fiscal year.According to the monthly data iss…
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