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U.S. Sanctions on Tankers Shipping Russian Oil to Indian Refiner
The United States sanctioned three oil tankers, Kazan, Ligovsky Prospect, and NS Century, for transporting Russian Sokol crude to Indian…
ADB Grants $250 Million Loan to Pakistan for Power System Enhancement
The Asian Development Bank (ADB) has sanctioned a $250 million loan to Pakistan to enhance the country's power transmission system…
PAX Market Rallies Following $3 Billion IMF Bailout Agreement
Pakistan's financial markets have shown significant positive responses following a staff-level agreement with the International Monetary Fund (IMF) for a…
Pakistan Government Announces Reduction in Fuel Prices
The federal government of Pakistan has announced a decrease in fuel prices. The reduction includes a Rs2.04 per litre decrease…
Natura & Co Sells The Body Shop to Aurelius Group
Natura & Co, a renowned Brazilian cosmetics company, has agreed to sell its subsidiary, The Body Shop, to the private…
Pakistan Seeks Leniency from Iran on IP Gas Pipeline Deadline
Pakistan is set to negotiate with Iran to seek leniency on the Iran-Pakistan (IP) gas pipeline project deadline. The talks…
Pakistan Stock Exchange Hits Historic 56,000 Points
The Pakistan Stock Exchange (PSX) experienced a historic surge on Monday, breaking past the 56,000-point milestone for the first time.…
Pakistan Sees 18% Surge in Bank Deposits Amid High Interest Rates
Pakistan witnessed a substantial increase in bank deposits, reaching Rs26.398 trillion, an 18% surge from the previous year. The growth,…
Pakistani Rupee Faces Pressure Amid Ongoing IMF Loan Program Revie
The Pakistani rupee will likely face continued pressure against the dollar in the upcoming week as the International Monetary Fund…