Ghee and Cooking Oil Prices Surge Again in Karachi Amid Rising Inflation
Consumers in Karachi are once again feeling the pinch as prices of ghee and cooking oil continue to climb, according to a report by 24NewsHD TV. The…
KARACHI MAGAZINE ARCHIVE
Pakistan economy
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Traders Raise Concerns as Government Fixes Prices of Rice, Pulses, and Spices
The government has fixed the prices of key food items including rice, pulses, and spices in an effort to control rising inflation, a move that has sparked…
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ECC Approves New Funding for Key Sectors as Inflation Shows Signs of Moderation
The Economic Coordination Committee (ECC) has approved significant new funding for critical sectors of Pakistan’s economy, following positive trends in inflation moderation. The committee, chaired by Finance…
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SECP Clears PIA Holding Company’s Demerger of Precision Engineering Complex
The Securities and Exchange Commission of Pakistan (SECP) has approved the demerger of the Precision Engineering Complex (PEC) from PIA Holding Company Limited (PIAHCL), clearing the way…
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FBR Cracks Down on Doctors as 73,000 High Earners Fail to File Income Tax Returns
The Federal Board of Revenue has launched a sweeping enforcement drive targeting doctors and medical practitioners after uncovering widespread tax non-compliance within the sector. According to official…
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K-Electric Cuts Power to Karachi’s Lines Area Over Rs 4 Billion in Unpaid Dues as Protests Erupt
K-Electric has clarified that the ongoing power shutdown in Karachi’s Lines Area is the result of massive unpaid dues from defaulters, which have now exceeded Rs 4…
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Gold price in Pakistan hits record high as global rates surge
Gold prices in Pakistan soared to a new all-time high on Tuesday, mirroring the sharp increase in international markets as investors continue to seek stability amid global…
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PM Shehbaz Orders Fast-Tracked Privatisation of State-Owned Enterprises
Prime Minister Shehbaz Sharif has instructed relevant authorities to secure the most favorable deals for the privatisation of state-owned enterprises (SOEs), emphasizing that the process must strictly…
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Sindh extends deadline for filing agriculture income tax till October 31, 2025
The Sindh Revenue Board (SRB) has officially extended the deadline for the submission of agriculture income tax returns until October 31, 2025. The decision comes as a…
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Pakistan Awaits Fuel Price Cut as Global Oil Market Slumps
Global Oil Prices Record Major Downturn Over the past 11 days, the global crude oil market has seen a sharp slide, offering potential relief for Pakistani motorists.…