Stocks climb to new record above 68k | The Express Tribune

Stocks climb to new record above 68k | The Express Tribune

KARACHI: Pakistan Stock Exchange (PSX) on Thursday continued its record-setting rally as it surged above 68,000 points over investors’ growing interest in pharmaceutical stocks following court’s verdict in favour of the industry, and a robust corporate earnings outlook. While continuing the previous day’s bullish momentum, the trading session began with …

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Petrol price jacked up by Rs9.66 per litre | The Express Tribune

Petrol price jacked up by Rs9.66 per litre | The Express Tribune

The federal government on Sunday increased the price of petrol by Rs9.66 per litre, effective from April 1, 2024 — a decision which could have a serious inflationary impact on the lives of ordinary citizens. According to a notification issued by the finance ministry, the price of petrol was increased …

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Tax exemptions of Rs50b defy IMF | The Express Tribune

Tax exemptions of Rs50b defy IMF | The Express Tribune

ISLAMABAD: Pakistan has granted a Rs50 billion annual income tax exemption to two government departments, violating the International Monetary Fund (IMF) programme and its own tax law. This decision faced resistance from tax authorities despite being approved through two Acts of Parliament. Official documents show that the Pakistan Civil Aviation …

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Global M&A picks up in Q1 | The Express Tribune

Global M&A picks  up in Q1 | The Express Tribune

NEWYORK: Mergers and Acquisitions (M&A) bounced back in the first quarter after a downbeat 2023, thanks to the return of mega deals, cheering investment bankers and lawyers waiting for a pick-up. Total M&A volumes globally climbed 30% to about $755.1 billion, according to the most recent data from Dealogic. The …

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Sindh farmers urge promotion of intercropping | The Express Tribune

Sindh farmers urge promotion of intercropping | The Express Tribune

KARACHI: Progressive growers and agriculture experts are advocating for promoting intercropping, one of the traditional farming systems, to boost the agro-ecosystem and ensure food security in Sindh, where there is a significant water shortage. Intercropping, cultivating two or more crops simultaneously in the same field, is a traditional farming system …

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