OPEC+ extends deep oil production cuts into 2025
OPEC+ members are currently cutting output by a total of 5.86 million barrels per day
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OPEC+ members are currently cutting output by a total of 5.86 million barrels per day
Unauthorised pilgrims will also face severe penalties
Strategic collaboration boosts Pakistan's IT sector, setting new export milestones
Promises clearer communication in future after price cut mix-up
Steady trend reflects current financial landscape, providing sense of assurance to those closely following currency dynamic
Authority forwards decision to government, citing need for quarterly adjustment
Gold price fluctuation are directly linked to changes in value of US Dollar
Rs82 per litre tax also being collected from public on petroleum products to meet strict IMF conditions
From July 2023 to May 2024, bureau collected Rs8,126bn, slightly below target of Rs8,159bn
New prices of petroleum products will be effective for next fortnight from June 1
The final notification of the new prices of petroleum products will be issued by the Ministry of Finance
Power Division proposes 50% cut in net metering buyback rate
Health and education projects hit hard by budget cuts
Prices of mutton, ghee, and cooking oil remained stable
The price of the domestic cylinder has been reached by Rs45.62 also
Aleem Khan directs BoI to streamline registration process for new ventures, provide one-window, online facilities
Fruit-based beverage industry, with turnover of approx Rs100bn, employs over 100,000 people
Gold price fluctuations are directly linked to changes in value of US Dollar
Significant reduction proposed in education budget from Rs83bn to Rs32bn, health budget from Rs26bn to Rs17bn
Simultaneous decrease in dollar value, upward trajectory of stock exchange indicate positive outlook for financial sector
For merchants transaction limits raised to Rs 5 million
Minister highlights increasing interest of international companies in Pakistan’s port facilities
State Bank reports $60.3 million decrease in dollar reserves
Steady trend reflects current financial landscape, providing sense of assurance to those closely following currency dynamic
Proposals include one-year tax credit on home property, increase in annual income tax exemption to Rs900,000
Decline accelerated sharply, pulling KSE-100 index down by 2,606 points to reach 112,910 points
Global trading order shaken, raising fears of recession, sends stocks around the world reeling
Documents say 16 potential mineral deposits identified over 18 months
Mark Bristow says mineral reserves essential for sustainable development
Price of 24-karat silver per tola currently stands at Rs3,170