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Business
TCP to buy 1m bales of cotton as prices fall
ISLAMABAD: The Trading Corporation of Pakistan (TCP) has decided to purchase one million bales of cotton following the fall in its…
Rupee slips to Rs287.91/$
KARACHI: The Pakistani currency experienced a gradual depreciation for the second consecutive working day, slipping by 0.17% or…
Growth centre set up for steady development
ISLAMABAD: Minister of Planning, Development and Special Initiatives Ahsan Iqbal on Tuesday launched the National Growth Centre…
Govt to generate Rs721b by raising power tariff
ISLAMABAD: The federal government has formulated a strategy to collect an additional Rs721 billion from electricity consumers…
ECC okays $3b loan guarantee for N-plant
ISLAMABAD: Pakistan on Tuesday approved issuing $3 billion worth sovereign guarantees against a Chinese loan for a nuclear power…
ECC okays tariff hike for KE
ISLAMABAD: The government on Monday approved an increase in electricity prices for the consumers of Karachi and also amended the…
Rupee continues downward slide against dollar
The American dollar continued its upward flight against the Pakistani rupee for the second consecutive day.
On Tuesday…
Pakistan finds UAE’s port terminal offer below par
ISLAMABAD: Pakistan on Monday did not approve the United Arab Emirates (UAE) offer for the development of two Karachi seaports…
Why are reforms so elusive?
ISLAMABAD: It is generally accepted that Pakistan needs structural reforms for sustained and inclusive economic growth. On the…
Plan C: rethinking Pakistan’s economic growth strategies
ISLAMABAD: Last week, I had the opportunity to visit two large factories, both operating within special economic zones, supplying…