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Pakistan to benefit from Kuwait’s ban on Indian fruits’ import: FPCCI official | Business

Image: REUTERS/Alexander Demianchuk/Files KARACHI: Kuwait’s ban on fruits and vegetables imported from India would be beneficial for Pakistan, a top official associated with the country’s trade and industry body said on Sunday. Waheed Ahmed, the vice president at the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), explained that exports …

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Visa card network crashes across UK, Europe | Business

A Visa credit card is seen on a computer keyboard in this picture illustration taken September 6, 2017. — Reuters Visa’s payment network crashed across the UK and Europe on Friday, sparking chaos as customers’ transactions were failed or being denied, according to a British newspaper. The company confirmed that …

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Petroleum prices maintained until June 7 | Business

ISLAMABAD: The outgoing federal government on Thursday decided to keep prices of petroleum products maintained for the month of June, rejecting a summary of hike in prices by Oil and Gas Regulatory Authority (OGRA). Earlier. OGRA sent a summary to the power division, recommending hike of Rs8.37 per litre in …

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Smartphone market to stay cool this year: forecast | Sci-Tech

International Data Corporation forecast Wednesday that global smartphone sales would cool this year before heating up with help from new 5G networks and India’s vibrant market. Photo: AFP/file SAN FRANCISCO: International Data Corporation forecast Wednesday that global smartphone sales would cool this year before heating up with help from new …

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OGRA recommends Rs8 hike in petrol prices | Business

OGRA recommended hike of Rs8.37 per litre in petrol prices, while an increase in Rs12.5 per litre in diesel prices is recommended ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Wednesday sent a summary to the power division suggesting increase in various petroleum products effective from June 1. OGRA …

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SBP increases policy rate to 6.5% | Business

KARACHI: The State Bank of Pakistan on Friday increased the policy rate by 6.5% effective from May 28, citing reasons such as increase in international oil prices, exchange rate, food inflation as the reasons. Pakistan’s economic growth is provisionally estimated to achieve a 13-year high of 5.8 percent for FY18. …

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