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KARACHI:The benchmark KSE-100 index of the Pakistan Stock Exchange on Monday lost ground due to instability in international crude oil prices.Stocks fell from the moment trading began, reacting to the impact of Covid-19 pandemic on the national economy and domestic markets.Moreover, anticipation of rate cut in the upcoming monetary po
new balance nb 530 licy announcement weighed on sentiment that prevented investors from taking fresh positions.At close, the benchmark KSE-100 index recorded a decrease of 195 points, or 0.57%, to settle at 33,916.64.Arif Habib Limited, in its report, stated that the market witnessed some profit-booking on the back of developing situation on the international front and oil prices, w
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Pakistan has the largest population of slum dwellers in the world with 45.5% of the total urban population living in slum settlements and Karachi s Orangi Town surpassing Mumbai s Dharavi. The populace, however, is counted as an economic burden. The reasons include limited economic activity, illegal occupation of state land, and possible involvement in street crime. Therefore, the proposition of relocating the dwelling group in more developed housing units.Over the years, low-cost housing schemes have been introduced by subsequent governments in Pakistan. The Korangi Town Project, Lyari Expressway Pr
jordan 4 retro ojects and Khuda Ki Basti are some of the prominent ones. However, the success of these schemes has been questionable.
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