Members attend the meeting of the Senate Standing Committee on National Food Security on January 8, 2025. —Senate website The meeting deals with the problems facing the export of rice to the European Union. Sen Aimal criticizes MNSF&R officials for rejections of rice shipments. The standing committee of the Senate …
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A combo of Tesla and SpaceX CEO Elon Musk (L), followed by Amazon’s Jeff Bezos and Meta’s Mark Zuckerberg. – Reuters/Archive The latest Forbes billionaire rankings are out and tech giant Elon Musk tops the world’s richest individual list as of January 2025 with a net worth of $415.7 billion. …
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A Pakistani stockbroker monitors stock prices during a trading session at the PSX in Karachi on October 17, 2024. – INP The capital market started Wednesday’s session on a positive note, rallying after two consecutive sessions of losses, boosted by optimism surrounding Prime Minister Shehbaz Sharif’s visit to the stock …
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Finance Minister Muhammad Aurangzeb speaking during a press conference in Islamabad on Tuesday, January 7, 2025. – YouTube screenshot/Geo News 60% of vacant ordinary posts have been abolished, according to the Minister of Finance. Aurangzeb vote committee will reduce 80 institutions to 40. He says they are trying to cut …
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A technician works on porcelain insulators at the power transmission tower in Karachi. – Reuters/Archive IPP contract changes could save Rs 411 billion annually: sources. Tariff revision of bagasse power plants results in savings of Rs 238,000 crore. The extension of the winter electricity assistance package is also under review. …
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Prime Minister Shehbaz Sharif speaks during a cabinet meeting in Islamabad on January 7, 2025. — Screengrab/GeoNews Prime Minister Shehbaz Sharif announced on Tuesday that the United Arab Emirates (UAE) has paid a loan deposit of $2 billion, giving Pakistan a major fiscal break. The country is making macroeconomic progress …
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Representations of the Bitcoin cryptocurrency are shown in this illustration taken on November 25, 2024. — Reuters ISLAMABAD: Bhutan has emerged as the fifth holder of Bitcoin, after the United States, China, the United Kingdom and Ukraine. The News he reported The country’s Bitcoin reserves now make up 35% of …
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A forex trader counts notes. – AFP / Archive Government spending “outstripped” revenue collection in November 2024. SBP data shows that domestic debt increased by 3%. The central bank emphasizes the importance of tax reforms. KARACHI: According to data provided by the State Bank of Pakistan (SBP), public debt in …
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A stockbroker looks at a computer during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on July 31, 2023. – AFP Bearish sentiment persisted in the stock market on Tuesday as profit-taking, fueled by mutual fund bailouts, and pressure on energy stocks weighed on trading. Concern over …
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Finance Minister Muhammad Aurangzeb speaks during an interview at his office in Islamabad July 19, 2024. – Reuters ISLAMABAD: Forecasting a strong current account surplus this year, Finance Minister Mohammad Aurangzeb on Monday ruled out any desperate measures that risk undue external pressure, safeguarding hard-earned economic gains. “Three years ago, …
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