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Category: Economy

Domestic Gold Prices Experience Second Consecutive Decline Amidst Economic Uncertainty
Economy
byZainab ShafiqSeptember 5, 2023September 5, 2023

Domestic Gold Prices Experience Second Consecutive Decline Amidst Economic Uncertainty

Domestic gold prices in Pakistan sustained a downward trend for the second consecutive day on Tuesday, reflecting a 0.48% depreciation…

Strategies for Maximizing Your Income
Economy
byHafiz Rahat UsamaSeptember 5, 2023November 1, 2023

Strategies for Maximizing Your Income

Working smarter rather than harder is the key to earning smarter money. Knowing how to maximise your income is critical…

Federal Government’s Public Debt Surges by 22.1% YoY in July 2023
Economy
byZainab ShafiqSeptember 5, 2023September 5, 2023

Federal Government’s Public Debt Surges by 22.1% YoY in July 2023

In July 2023, the federal government’s total public debt stock witnessed a significant YoY increase of 22.1%, rising to Rs.…

Historic Saudi Investment: $25 Billion for Pakistan
Economy
byZainab ShafiqSeptember 5, 2023September 5, 2023

Historic Saudi Investment: $25 Billion for Pakistan

Interim Prime Minister Anwaarul Haq Kakar made a significant announcement on Monday, sharing that the Kingdom of Saudi Arabia (KSA)…

Business Community Thinks Default  Imminent for Pakistan: Gallup Survey
BusinessEconomyJobsLifestyleNewsTrendingTrends
byAbeer RehmanSeptember 5, 2023September 5, 2023

Business Community Thinks Default Imminent for Pakistan: Gallup Survey

The majority of business community in Pakistan is not very “hopeful” about the ability of caretaker government to cope up…

IMF rejects Pakistan’s electricity relief plan: sources
Economy
byZainab ShafiqSeptember 4, 2023September 4, 2023

IMF rejects Pakistan’s electricity relief plan: sources

The International Monetary Fund (IMF) has declined the interim government’s proposed electricity relief plan, citing discrepancies in the allocated funds…

Italian Ambassador and Pakistani Minister Chart Path for Enhanced Trade Relations
Economy
byZainab ShafiqSeptember 4, 2023September 4, 2023

Italian Ambassador and Pakistani Minister Chart Path for Enhanced Trade Relations

Italian Ambassador to Pakistan, Andreas Ferrarese, held a productive meeting with Dr. Gohar Ejaz, the Caretaker Federal Minister for Commerce…

Textile Factories Closures Surge, Pakistan Eyes Recovery Plan
Economy
byZainab ShafiqSeptember 4, 2023September 4, 2023

Textile Factories Closures Surge, Pakistan Eyes Recovery Plan

In the past sixteen months, more than 1,600 textile factories in the country have ceased operations, as reported by Interim…

Pakistani rupee faces record decline amid economic challenges
Economy
byZainab ShafiqSeptember 4, 2023September 4, 2023

Pakistani rupee faces record decline amid economic challenges

The Pakistani rupee’s persistent decline against the US Dollar has been a topic of concern as it continues to set…

ACE Money Transfer and Bank Alfalah Encourage Overseas Pakistanis to Use ‘Legal’ Channels to Send Money Home
BusinessEconomyLifestyleNewsTechnologyTravelTrendsWorld
byAbeer RehmanSeptember 4, 2023September 4, 2023

ACE Money Transfer and Bank Alfalah Encourage Overseas Pakistanis to Use ‘Legal’ Channels to Send Money Home

The leading global fintech platform, ACE Money Transfer has entered into a new partnership with Pakistan’s Bank Alfalah to create…

The Advantages of Operating Business in Dubai
BlogsBusinessEconomyWorld
byHafiz Rahat UsamaSeptember 3, 2023September 3, 2023

The Advantages of Operating Business in Dubai

Why do People prefer doing business in Dubai including Pakistan? Introduction Dubai, a city renowned for its distinctive skyline, opulent…

Pakistan’s Inflation Sees Slight Dip in August 2023 Amidst Economic Challenges
Economy
byZainab ShafiqSeptember 1, 2023September 1, 2023

Pakistan’s Inflation Sees Slight Dip in August 2023 Amidst Economic Challenges

In August 2023, Pakistan’s Consumer Price Index (CPI)-based inflation experienced a slight decline, coming in at 27.4 percent year-on-year, compared…

Imported Wheat Sets Sail for Karachi Amid Flour Shortage
Economy
byZainab ShafiqAugust 29, 2023August 29, 2023

Imported Wheat Sets Sail for Karachi Amid Flour Shortage

The voyage of the inaugural vessel, loaded with an impressive cargo of 55,000 tons of wheat, has commenced its journey…

Here Are Three Ways You Can Redefine Your Flipboard Experience
ArtistBlogsBusinessCricketDigitalDramaEconomyEntertainmentEventsFashionFoodsHealthJobsLifestyleMoviesMusicNewsPhotographyPoliticsReviewsSocialSportsTechnologyTips & TricksTravelTrendingTrendsWorld
byAbeer RehmanAugust 29, 2023August 29, 2023

Here Are Three Ways You Can Redefine Your Flipboard Experience

These days, the internet users are bombarded with information left, right and centre making it difficult to select topics that…

Indus Motor Company Profit Drops by 39% Despite Investments In High-return Schemes
BusinessEconomyJobsLifestyleNewsTechnologyTravelTrendingTrendsWorld
byAbeer RehmanAugust 29, 2023August 29, 2023

Indus Motor Company Profit Drops by 39% Despite Investments In High-return Schemes

The assembler of Toyota vehicles in Pakistan, Indus Motor Company (IMC), announced a 39% decline in net profit for the…

RCCI Sets Deadline for Electricity Price Rollback Demand
Economy
byZainab ShafiqAugust 27, 2023August 27, 2023

RCCI Sets Deadline for Electricity Price Rollback Demand

The Rawalpindi Chamber of Commerce and Industry (RCCI) has issued a stern ultimatum to the government, setting a deadline of…

Saudi Arabia Introduces New Temporary Work Visa for Foreigners
BusinessEconomyNewsTravel
bySumavaya IqbalAugust 26, 2023August 26, 2023

Saudi Arabia Introduces New Temporary Work Visa for Foreigners

Saudi Arabia has launched a new Temporary Work Visa to attract skilled short-term workers. The new visa is easier to…

Another mishandling by Pakistan: IMF likely to be furious
Economy
byZainab ShafiqAugust 25, 2023August 25, 2023

Another mishandling by Pakistan: IMF likely to be furious

The International Monetary Fund (IMF) is poised to scrutinize Pakistan’s government for its delay in notifying the gas tariff increase…

Gas Shortage in Karachi: CNG and Industries Face Supply Interruptions
Economy
byZainab ShafiqAugust 25, 2023August 25, 2023

Gas Shortage in Karachi: CNG and Industries Face Supply Interruptions

Due to a critical shortage of natural gas in Karachi, the Sui Southern Gas Company (SSGC) has made the tough…

PSO Reports 90% Drop in Annual profit
BusinessEconomyNewsTravelTrendingTrends
byAbeer RehmanAugust 24, 2023August 25, 2023

PSO Reports 90% Drop in Annual profit

The Pakistan State Oil (PSO) reported that its profit dropped by 90% in the financial year 2023, mainly because of…

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