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 […]
Pakistan is currently suffering from the worst economic crisis. The double-digit inflation has reduced the purchasing power of people while the government also seems to be struggling with revenue generation. Amidst the existing financial crunch, the International Monetary Fund (IMF) has asked Pakistan to foist nearly Rs. 600 billion additional taxes while urging Islamabad to […]
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 […]
Karachi, October 14, 2022: Careem, the pioneer of ride-hailing services in Pakistan, has recently announced a significant reduction in its commission fees charged to Captains in Karachi, making it the all-time lowest for the city. Careem will be operating on a 15% commission fee model on all car types in Karachi allowing Captains to take […]
With each passing day, the increasing rate of inflation in Pakistan is a big challenge for the nation. The stereotype in society is that only males are the breadwinners of the whole family. But women are no lesser than anyone. They can also earn through their skills. And now it’s the need of the hour […]
Two-day annual property event saw a record-breaking 20,000 people attend, with over 60 exhibitors showcasing more than 200 of the most significant property developments in Pakistan. H.E Sultan Butti Bin Mejren, Director General of the Dubai Land Department opened the Pakistan Property Show describing Zameen.com as a “pioneer in organizing such interactive events in the […]
Since tea is a necessity in almost every household, any kind of tea industry that could be established in Pakistan would be extremely lucrative. According to Aman Paracha, chairman of the Pakistan Tea Association, “it is the beverage that people use on a daily basis.” Thousands upon thousands of dollars are being taken out of […]
India’s performance in the first quarter of 2021 pushed it past the United Kingdom and into the fifth spot on the list of the world’s largest economies. After starting the 2019 fiscal year in the tenth position, the United Kingdom has now risen to the sixth spot. During the quarter ending in March, the US […]
The list of the world’s richest persons will vary from year to year, looking at their latest web value and money performance. Here is the latest list of the world’s high ten richest persons, supported by the time period Bloomberg billionaires Index of August thirty, 2022, and a few fascinating facts concerning every one of […]
Most of Pakistan’s population is alienated into middle-income and lower-income people, where some trickles of privileged personalities hoard immense wealth. According to the Global wealth Indexes, Pakistan’s elite-class capital (assets minus debt) in 2018 was only 0.1 percent. Though India has 16 rich billionaires on the Forbes 2019 list, none from Pakistan made it to […]
Pakistan’s two leading car assemblers, Toyota and Suzuki, plan partial plant shutdowns next month due to the unavailability of raw material amid import restrictions and exchange rate volatility, officials at both companies said on Wednesday. The government in recent weeks has attempted to curb imports in the face of fast depleting foreign reserves, a declining […]
ISLAMABAD, Jul 25 (APP): The exports from the country in rupee term witnessed an increase of 40.11 per cent during the current fiscal year 2021-22 as compared to last year, the Pakistan Bureau of Statistics (PBS) reported. The exports during July–June (2021–2022) were recorded at Rs. 5,663,089 million as against Rs. 4,041,927 million during the […]
