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Growth rate to be over 4%: Hopes Dar
Finance Minister Mohammad Ishaq Dar has expressed the hope the national economy would grow by over 4 per cent during…
Over Rs6 billion gas stolen by both commercial, industrial consumers last year
A total of 7,231 cases involving theft of gas worth Rs6,357 million by commercial and industrial consumers were detected by…
Govt plans Rs550bn fiscal adjustment
The government is expected to propose in the next budget fiscal adjustment of about Rs550 billion for the financial year…
Warid set to launch 4G LTE services, after PTA nods approval
The Pakistan Telecommunication Authority (PTA) accepted Warid Telecom’s plea to permit it to start 4G LTE services in the country.…
MQM Strike causes Rs20bn trade loss
Trading and industrial activities remained paralysed on Friday due to a mourning day observed by the Muttahida Quami Movement (MQM)…
Higher CPI to change investment climate
The rise in April’s Consumer Price Index (CPI) has been described by investors as “out of expectations” and it is…
Bill Gates will own no Microsoft stock in four years
Bill Gates, the former chief executive and chairman of Microsoft Corp, will have no direct ownership in the company he…
World Bank approves $12 billion, 5 year loan for Pakistan
The World Bank has approved a $12 billion loan for cash-strapped Pakistan that will be disbursed over five years, the…
Pakistan, Turkey to form ‘working group’ in power sector
Pakistan and Turkey have agreed to form a technical working group in the energy sector to chalk out ways for…