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Pakistan Newspapers

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  • Pakistani start-ups attract record venture capital, fetch $300m this year
    Federal Minister for Science and Technology, Syed Shibli Faraz on Tuesday said that Pakistani start-ups had raised around $300 million so far this year which reflected an influx of skilled entrepreneurs in the country. He was addressing the Pakistan Tech Summit held in Istanbul, through a video link, a web portal related to science and […]
  • Pakistan needs to find ways to expand exports to China: CEN
    China is a huge potential market for Pakistani goods and the country should find ways to continuously expand exports to China to reduce bilateral trade imbalance. Cheng Xizhong, visiting professor at Southwest University of Political Science and Law, stated this in his article published by China Economic Net. “To reduce the trade imbalance between the […]
  • Rupee in free fall with six new lows in six sessions
    There was no let-up in Pakistani rupee’s depreciation against the US dollar for the sixth consecutive session on Tuesday, as the local currency fell to a new all-time low of 175.27 amid delay in resumption of $6 billion Extended Fund Facility (EFF) by the International Monetary Fund (IMF). According to the State Bank of Pakistan, […]
  • PSX loses 188 points to close at 45,419
    The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Monday, losing 188.86 points, with a negative change of 0.41 per cent, closing at 45,419.17 points against 45,578.36 points on the last working day. A total of 353,651,021 shares were traded during the day compared to the trade of 300,687,243 shares the […]
  • FPCCI wants ST on sugar halved to 8.5pc
    The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called on the government to cease the unfair treatment of the country’s sugar industry as soon as possible. Karachi Government departments at all levels should stop pursuing and detaining sugar mill owners and officials, according to FPCCI President Mian Nasir Hayat Maggo. He asserted […]
  • Food insecurity decreases 6pc: Imam
    Minister of National Food Security and Research Syed Fakhar Imam on Tuesday said that Pakistan had reduced food and nutritional insecurity by 6pc and was engaged in further reduction through agricultural and livestock development along with livelihood improvement and economic uplift of the masses. Addressing the eighth Organization of Islamic Cooperation (OIC) Ministerial Conference on […]
  • Bitcoin slips, ether jumps as crypto market tops $2.74t
    The cryptocurrency market remained on an upward trajectory on Tuesday, with the market capitalisation gaining 0.7 percent to reach $2.74 trillion as of 1240 hours GMT. Bitcoin, the largest cryptocurrency, shed 0.90 percent to reach $62,363. With this decrease in price, the market capitalisation of the biggest cryptocurrency has reached 1.174 trillion. However, ether (ETH) […]
  • Gold price inches up to Rs101,300 per 10g
    Gold price snapped a five-day winning streak on Tuesday, with the US dollar and US Treasury yields gaining traction. Gold in the international market was available at $1,797.80 per ounce after shedding $10.60 at 1310 hours GMT. Meanwhile, the price of 10 grams of yellow metal in Pakistan surged to Rs101,300 on Tuesday with an […]
  • Govt plans 6.9m tonnes coal production in current FY
    Amid elevated coal prices in the international market, which have been hovering around $230 per metric tonne, the government has set a target to produce around 6,900,000 tonnes of coal during the current fiscal year to meet national energy needs. A senior official privy to the petroleum sector developments told the state-run news agency, APP, […]
  • Pharmaceutical exports surge 17pc m-o-m in September
    The exports of pharmaceutical goods surged 17.09 percent on a month-on-month basis to $22.621 million during September as compared to August. According to the Pakistan Bureau of Statistics (PBS), the exports of pharmaceutical goods surged 7.36 percent to $73.428 million during the first quarter (July-September) of the current fiscal year (2021-22) as compared to the […]

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