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While the old global order will take time to remould, echoes of fresh ideas grounded in the latest research by academic social scientists are reverberating across the international political, economic and social landscape, with the potential to sh
Business
KARACHI: The Pakistan Stock Exchange (PSX) wrapped up the first month of calendar year 2026 on a firm footing, scaling fresh all-time highs. However, a sharp sell-off in the final week dragged the benchmark lower as investors booked profits amid m
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United States President Donald Trump on Saturday said India will buy Venezuelan oil, as opposed to purchasing oil from Iran. “We’ve already made that deal, the concept of the deal,” Trump told reporters while on Air Force One, en route to F
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ISLAMABAD: The International Bank for Reconstruction and Development (IBRD) has approved a $378.9 million loan for a major power transmission project in Pakistan. The initiative, aimed at improving the country’s transmission infrastructure
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ISLAMABAD: While maintaining the price of petrol for the next fortnight, the government has increased the price of high-speed diesel (HSD) by Rs11.30 per litre. The announcement by the Petroleum Division said the new prices had been set on
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ISLAMABAD: The Federal Board of Revenue (FBR) recorded a significant 16 per cent increase in tax collection for January, amounting to Rs1.031 trillion, compared to Rs873 billion in the same month last year. This growth has revived expectat
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ISLAMABAD: Special Assistant to the Prime Minister on Industry and Production Haroon Akhtar Khan said on Saturday that the government remained committed to improving the industrial landscape to boost employment opportunities and bolster economic r
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BEIJING: China’s factory activity slowed in January, official data showed on Saturday, missing forecasts after a brief rise into positive territory at the end of last year. A key measure of industrial health, the manufacturing purchasing m
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ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry on Saturday expressed concern over the abrupt recovery of super tax by the Federal Board of Revenue (FBR), warning that collect
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KARACHI: Uncertainty gripped investors on Saturday as gold prices fell sharply for a second straight day, with 10-gram and one-tola rates dropping by Rs21,862 and Rs25,500 to Rs438,839 and Rs511,862, respectively. International gold prices
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The government on Saturday hiked the rate for high-speed diesel (HSD) by Rs11.30, while leaving the price of petrol unchanged for the coming fortnight. In a late-night notification, the Petroleum Division said the revision followed movement
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KARACHI: The Karachi Metropolitan Corporation (KMC) has ordered an inquiry after the Karachi Constructors Association (KCA) levelled serious allegations of large-scale corruption against officials of
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KARACHI: The 10-gram and one-tola gold (24kt) on Friday recorded the highest ever single day drop of Rs30,435 and Rs35,500 to Rs 460,701 and Rs537,362, respectively. The 10-gram and one-tola silver (24kt) also fell to Rs9,489 and Rs11,069,
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ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has decided to hold a public hearing on proposals to curtail benefits for solar net-metering consumers — known as prosumers — amid concerns that unaffordable tariffs and persisten
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ISLAMABAD: Finance Minister MuhÂammad Aurangzeb has directed the SecÂuÂrities and Exchange Commission of PakisÂtan (SECP) to accelerate the development of capital markets to broaden financing options and boost investor confidence. The direc