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Focus now on investment, capital formation: FinMin

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[ Aurangzeb outlines key priorities including fiscal, external shock-absorbing capacity ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb addressed the “Fireside Chat: Pakistan: External Shocks Remain Manageable” at the JP Morgan Emerging and Frontier Markets Opportunities Conference in London, outlining Pakistan’s progress in restoring macroeconomic stability and its priorities to move towards investment, capital formation, exports … Read more

Inam Butt set to return after two-month doping ban

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Inam Butt takes Silver in Commonwealth Games 2022. Photo: AFP LAHORE: Pakistan’s ace-wrestler and administrator Mohammad Inam Butt has completed a two-month suspension imposed over an anti-doping violation and has been cleared to resume wrestling activities, paving the way for him to represent Pakistan at the Asian Games as a coach. According to documents and … Read more

Security forces kill 11 terrorists in Balochistan operations: state media

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Significant cache of arms and explosive material was also seized during the operations Security forces killed 11 terrorists belonging to Fitna-al-Hindustan during targeted operations in Balochistan’s Panjgur and Chagai districts under Operation Radd-ul-Fitna-3, Radio Pakistan reported on Saturday. “Eleven terrorists belonging to Fitna-al-Hindustan were killed during targeted actions in Panjgur and Chagai districts,” Radio Pakistan … Read more

Digital payments target merchant growth

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[ KARACHI: Pakistan’s digital payments ecosystem is moving beyond the early adoption phase, with instant payment infrastructure increasingly being integrated into everyday financial transactions, according to banking and payment industry officials. According to the State Bank of Pakistan’s Payment Systems Quarterly Review, 3.7 billion retail transactions were recorded during January-March 2026. Digital channels accounted for … Read more

Fuel hikes push SPI into double digits

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[ KARACHI: The year-on-year inflation measured by the Sensitive Price Indicator (SPI) surged back into double digits, reaching 10.64% in the week ended September 17, as the fallout from the Middle East situation pushed up fuel prices and added to pressure on household budgets. The latest increase marked a sharp acceleration from the 8.62% year-on-year … Read more

‘Financial strain poses threat to fuel supplies’

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[ ISLAMABAD: Oil marketing companies (OMCs) have played a significant role in keeping the country’s fuel supply chain intact, particularly during periods of heightened supply risks, but mounting financial pressures are now putting a strain on the industry’s ability to continue financing uninterrupted supplies. The Oil Companies Advisory Council (OCAC), which represents major OMCs, has … Read more

PSX gains 1,841 points on crude price relief

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[ KARACHI: Pakistan Stock Exchange (PSX) extended its recovery on Friday, with the benchmark KSE-100 index gaining around 1,850 points, as easing crude oil prices and hopes of renewed US-Iran diplomatic engagement improved investor sentiment. At the close of trading, the KSE-100 index posted a gain of 1,841.39 points, or 1.09%, and settled at 170,884.59. … Read more

Sindh urged to prioritise people in clean energy shift

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[ KARACHI: Experts, civil society representatives, policymakers and energy-sector stakeholders have called for a community-centred and inclusive transition towards clean and renewable energy in Sindh, stressing that livelihoods, land rights and well-being of local communities must not be compromised by new energy projects. The call was made at a strategic stakeholder dialogue titled “Just Energy … Read more