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Ogra issues clarification on upcoming petroleum prices review

Ogra issues clarification on upcoming petroleum prices review

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has dismissed media reports suggesting fuel prices could fall by up to…
CDWP approves four projects worth over Rs10 billion

CDWP approves four projects worth over Rs10 billion

The Central Development Working Party has approved four projects worth 10.551 billion rupees for the national development. The CDWP, which…
SBP injects over Rs10.48 trillion in the market

SBP injects over Rs10.48 trillion in the market

KARACHI: The State Bank of Pakistan (SBP), Friday, injected Rs 10,484.85 billion through Reverse Repo Purchase and Shariah Compliant Mudarabah…
Pakistan, Binance to explore ‘tokenisation’ of up to $2bn in assets

Pakistan, Binance to explore ‘tokenisation’ of up to $2bn in assets

ISLAMABAD: Pakistan has inked a memorandum of understanding with Binance to explore the “tokenisation” of up to $2 billion in…
Petroleum Dealers Association rejects govt margin offer

Petroleum Dealers Association rejects govt margin offer

The Petroleum Dealers Association (PDA) rejected the margin offered by the government, with Abdul Sami Khan saying that if the…
Govt plans fuel levy hike to clear gas sector debt

Govt plans fuel levy hike to clear gas sector debt

ISLAMABAD: The government has prepared a plan to eliminate the gas sector’s circular debt by increasing the Petroleum Development Levy…
Gold prices fall in global and local markets

Gold prices fall in global and local markets

KARACHI: Gold prices declined on Saturday in both international and domestic markets. In the global bullion market, the price of…
World Bank approves $400 million financing for Pakistan

World Bank approves $400 million financing for Pakistan

ISLAMABAD: The World Bank has approved $400 million in financing for water and sanitation projects in Punjab, Pakistan. The global…
IMF slaps 11 new conditions to Pakistan’s $7 billion loan programme

IMF slaps 11 new conditions to Pakistan’s $7 billion loan programme

ISLAMABAD: The International Monetary Fund (IMF) has added 11 more stringent conditions on Pakistan under the latest staff-level review of…
Pakistan, ADB sign $257mn agreements to strengthen Punjab’s education, health sectors

Pakistan, ADB sign $257mn agreements to strengthen Punjab’s education, health sectors

ISLAMABAD: Pakistan and the Asian Development Bank (ADB) here on Friday signed two major financing programmes worth US$257 million aimed…
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