Business

Business

India should act to avoid fiscal slippage says World Bank

Inflation is still uncomfortably high in India and the new government should avoid fiscal slippage as it seeks to revive…

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Cotton prices up amid low supply scenario

Cotton trading gained momentum in Sindh on Thursday, but rains in major cotton-growing areas of Punjab affected phutti arrivals into…

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Pakistan receives fourth IMF tranche worth $556 million

Pakistan has received $556 million as the fourth instalment of an International Monetary Fund (IMF) loan approved last year to…

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Stocks manage modest gains in low volume trading

Stock market remained dull throughout the day, which saw volume shrink 45pc to 73m shares on Thursday, representing 9-month low.…

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Libya declares oil crisis over after state reclaims ports

Libya's acting Prime Minister Abdullah al-Thinni said the government had reached a deal with a rebel leader controlling oil ports…

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‘Bitcoin could have future’: Russian Central Bank

Russia’s central bank said on Wednesday that virtual currencies such as Bitcoin could have a future but warned that it…

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CDA, Iesco still at odds over power bill

The Islamabad Electric Supply Company (Iesco) and the Capital Development Authority (CDA) have yet to carry out an investigation to…

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Cartels operating in several sectors, Dar tells NA

Many industries and sectors in the country have formed cartels in order to obtain an undue economic advantage, mostly at…

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Govt starts evaluating 4,250MW coal-based power plants

The government decided yesterday to begin processing proposals submitted by private companies to set up 10 coal-based power projects having…

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