Picture: Dawn.com Pakistan is going through the worst economic crisis. The government is unable to pay dues due to the financial crunch. The dollar reserves have almost finished, and expert economists are saying that the country has already defaulted. Just an official declaration is required. Amidst all this, another crisis is surfacing in the […]
Pakistan Tehreek-e-Insaaf leader Hammad Azhar has said that according to economic experts, we have technically defaulted. After the economic team meeting chaired by Imran Khan in Zaman Park Lahore, Hammad Azhar said that the country should not be led to further economic instability, economically the country has reached the most critical point. He continued with […]
Picture: The Express Tribune Pakistan’s former finance minister Miftah Ismail was criticizing the performance of the current government and admitted that Pakistan’s default is now at an alarming level. Ismail is also part of Pakistan Muslim League – Nawaz, which is ruling the federal government in the country. In his articles, he has rejected […]
Picture: CNBC Elon Musk has announced to launch Gold, Grey and Blue Verification Ticks on Twitter starting Friday next week. He called it a “painful, but necessary” step. The Twitter CEO further said that verification of all accounts will now be done manually. Musk said on Twitter, “Gold check for companies, grey check for governments, […]
Picture: Business Recorder Japan’s biggest brokerage and investment bank, Nomura Holdings has warned that Pakistan may face currency crisis soon. According to the economists at Nomura, the seven countries that are at the highest risk of a currency crisis include Romania, Sri Lanka, Egypt, Pakistan, Turkey, the Czech Republic, and Hungary. An economist from the […]
Photo: Jugnu Pro Jugnu is a Pakistani B2B startup engaged in e-commerce. Recently, Jugnu has launched a new procurement solution for the industry named Jugnu Pro. The revolutionary product will change the way people buy things as it reduces supply chain inefficiencies faced by the businesses. Jugnu Pro will be equally useful for the industries, […]
Pakistan’s Army Chief General Bajwa is going to retire in a few days and there are speculations that Lt General Asim Munir is going to be the next COAS. He is technically the most senior general who is running for this position. However, he is set to retire in a few days too. According to […]
JS Bank expanded its shareholding in BankIslami by 7.7% by purchasing 86.3 million ordinary shares from its sponsor Emirates NBD Bank PJSC. According to a stock filing made to the Pakistan Stock Exchange (PSX), “JS Bank Ltd. has acquired 86,316,964 ordinary shares (representing 7.79 percent of the assets) of BankIslami Pakistan Ltd. from Emirates NBD […]
Photo: Dawn There were rumors circulating about Telenor winding up its business in Pakistan, however, seems like these are not just the rumors. Lately, Telenor is actually looking for a buyer who can buy their $1 billion worth of business, Bloomberg has reported earlier this week. According to the sources by Bloomberg, The Norwegian telecom […]
Picture Credit: Big Think.com The population of the world is increasing day by day. It is anticipated that by mid-November, this number is likely to hit Eight Billion. It is also estimated that by 2023 India will become the most populated country globally, leaving behind China, as reported by the World Population Prospectus 2022. The […]
Photo Credit: Dunya News A UK delegation consisting of Lord Wajid Khan, member of House of Lords, and other prominent businessmen met Pakistan Finance Minister Ishaq Dar on Sunday and expressed their wish to invest in Pakistan. The Finance Minister briefed the delegation from the United Kingdom about the current macroeconomic situation of Pakistan. He […]
Photo Credit: TechCrunch WhatsApp has been working on its beta version of WhatsApp Communities for a while now. The good news is that the new feature will be launched in the upcoming weeks. Whether you are an Android or an iPhone user, you will be able to access the new” Communities” feature. WhatsApp Communities will […]
A billionaire industrialist who became the official owner of Twitter after very longstanding chaos and controversies is announcing some news about Twitter updates every hour. Which results in a huge discussion on Twitter. From firing twitter staff and CEO to bringing up paid services Elon Musk is totally revolutionizing Twitter. Most Twitter users don’t seem […]
Photo Credits: Freepik.com The government has asked the Federal Investigation Agency (FIA) to take strict action against those who are spreading false information on social media against government institutions. The federal cabinet has passed an amendment to the FIA Act, 1947 and approved Pakistan Penal Code (PPC) Section 505. The summary stated that, “[The] FIA […]
Photo Credit: Daily Times The date for filing income tax returns has now been extended to November 30th, 2022. The Federal Board of Revenue (FBR) has achieved their target of Rs. 2.14 trillion in the last four months, however, they are now struggling with keeping the pace amidst the reduction in income tax returns filers. […]
Lahore, October 26, 2022: Tourism Development Corporation of Punjab (TDCP), the main wing of Punjab Tourism department, has joined hands with Pakistan’s renowned ride-hailing platform Careem. To increase the magnitude of tourism, this partnership is launching a new car type specifically for guided tours called “Safe and Secure Tourism (SST)” in Lahore. The car type […]
Photo Credits: Dawn.com Governor State Bank of Pakistan (SBP), Jameel Ahmed said that Pakistan will repay all its debts on time and there are no risks of the country defaulting due to the nonpayment of international debts. Ahmed was addressing the Pakistan Stock Exchange (PSX) and said, “Let me assure you that we will be […]
The government has allowed to increase Paracetamol prices as it cannot offer any subsidy to the company or waive import duties on the raw material. Panadol is a drug used to relieve pain and reduce fever. The drug is high in demand in Pakistan post catastrophic floods and, dengue and malaria outbreak. The manufacturer stopped […]
What’s better than doing your job in the comfort of your home and getting paid the same as you were getting paid after traveling for hours, spending money on fuel and ready-made food? Remote jobs are the best thing ever to happen to this generation. The idea of doing work from home took a peek […]
ISLAMABAD: Nepra has issued a notification to reduce the price of electricity by Rs 4.89 per unit for Karachi while at the same time approving an additional 19 paise per unit for the entire country. According to Express News, Nepra has issued a notification for approval of a reduction of electricity by Rs 4.89 paisa […]
