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US dollar being sold at Rs160.6

US dollar being sold at Rs160.6

The buying rate of the US dollar was Rs159.9, while its selling rate was Rs160.6 on Monday, February 8. Meanwhile,…
PTI govt admits to failing to achieve key fiscal deficit, public debt targets for Pakistan

PTI govt admits to failing to achieve key fiscal deficit, public debt targets for Pakistan

The PTI government has admitted to failing to achieve key fiscal deficit and public debt targets for Pakistan, with certain…
Businessmen advised to utilise FBR’s offer to settle legal cases outside of court

Businessmen advised to utilise FBR’s offer to settle legal cases outside of court

Businessmen have been told to utilise the Federal Board of Revenue’s recent offer for out-of-court settlements to amicably resolve their…
PSO refutes reports, says not shifting Head Office to Islamabad from Karachi

PSO refutes reports, says not shifting Head Office to Islamabad from Karachi

Pakistan State Oil (PSO), the country’s leading oil marketing companies has refuted reports that it is transferring its Head Office…
NEPRA reserves decision over Rs1.95 per unit power tariff hike

NEPRA reserves decision over Rs1.95 per unit power tariff hike

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has reserved its judgment over the tariff hike of Rs1.95 per unit and…
Pakistan’s cotton output falls to two-decade low

Pakistan’s cotton output falls to two-decade low

The arrival of seed-cotton into ginneries plunged 35pc to 5.57 million bales as of January 31, 2021, the lowest level…
Six more IPPs agree to renegotiate terms for cheap electricity

Six more IPPs agree to renegotiate terms for cheap electricity

ISLAMABAD: The government has reached another milestone, as talks with six more independent power producers (IPPs) for cheaper electricity in the…
Exports cross $2bn for fourth consecutive month

Exports cross $2bn for fourth consecutive month

ISLAMABAD: For the first time in eight years, Pakistan’s exports have crossed the $2-billion mark for four successive months (Oct-Jan FY21),…
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