Pakistan is on the verge of getting bankrupt and urgently needs the International Monterey Fund’s (IMF) help to come out of this chaos. Both the parties are holding talks to reach an agreement for $1.1Bn. IMF Managing Director, Kristalina Georgieva has asked Pakistan to tax the rich, subsidise the poor. She further said that if […]
Pakistan is a country that has been struggling with environmental issues for several decades. The problems are manifold, from air pollution to deforestation, from water scarcity to waste management. Green politics, which prioritizes the protection and preservation of the environment, offers a promising solution to these issues. In this blog, we will discuss the prospects […]
Pak Suzuki Motor Company (PSMC) is in trouble yet again, having to declare another round of non-production days (NPDs) in February 2023 due to operational challenges. The company recently announced a halt in production and assembly operations from February 20 to February 21, citing an inventory shortage caused by import restrictions imposed by the State […]
Police surrounded Zaman Park area of Lahore, where Imran Khan lives, in a fresh attempt to arrest the Pakistan Tahreek e Insaaf (PTI) leader on Thursday night. According to sources, police officials in large number were present near the residence of Imran Khan. The entry and exit points to and from the area were also […]
In a new turn of events, Maryam Nawaz Sharif from Pakistan Muslim League – Nawaz (PML-N) disowns the PML-N federal government a day after mini-budget was presented. The new Mini-budget comes with a lot of heavy taxes and price hikes which may impact the popularity of ruling party. Considering all this, the PML-N ‘s Chief […]
Prime Minister Shehbaz Sharif will visit Turkiye today to show solidarity and support with the Turkish government and its people. During his two-day visit to Ankara, Turkiye, Sharif will meet President of Turkiye Recep Tayyip Erdogan and convey heartfelt condolences on behalf of his nation over the losses incurred by recent devastating earthquakes. Sharif will […]
As we approach 2023, the job market is expected to see significant changes in the skills required for employment. Emerging technologies, shifts in consumer behavior, and new industry demands have all contributed to this shift. In this blog, we will discuss the top 7 in-demand skills for 2023. Photo credits: Pinterest 1. Artificial Intelligence and […]
The government increased price of natural gas by more than double on Monday to revive International Monetary Fund (IMF) Program. The 113% increase in price is done to recover Rs 310 billion from consumers in the next six months. After the recent hike, consumers are now burdened with Rs 736 billion in the name of […]
Pakistan’s economy has been in a state of decline for quite some time now and is at the brink of default. The devaluation of the rupee against the US dollar has added to the country’s economic woes. The situation is reminiscent of Sri Lanka’s recent economic crisis and serves as a warning for Pakistan to […]
The Pakistani Rupee is anticipated to begin its resurgence against the US dollar, following the government’s attempts to secure a bailout program from the International Monetary Fund (IMF). Traders and analysts believe that the market’s positive sentiments have been boosted by the government’s efforts to meet the IMF conditions for the state-level agreement. During the […]
Refineries in Pakistan are warning of a severe petrol crisis by mid-February, unless the government takes immediate action to resolve the issues surrounding letters of credit (LCs) for imported raw materials and additives. In separate letters addressed to the Minister of State for Petroleum and the Governor of the State Bank of Pakistan, the refining […]
Karachi Pakistan, A massive protest against Pakistan’s inflation and price increases was reordered by lawyers. Most of the protesters, in this case, were attorneys, but there were other people present to lend support and help the protest against Pakistan’s highest inflation succeed. They were all carrying signs stating that inflation is no longer acceptable. As […]
Ameer Jamaat e Islami Pakistan Siraj ul Haq announced the Awami March, which will take place nonstop for three days from Friday, February 10, through Sunday, February 12. This Awami March is protesting the unemployment and inflation that are current issues in Pakistan. In Khyber Pakhtunkhwa today, Siraj ul Haq said, “Flour is expensive and […]
46,000 climate-resistant homes will be rebuilt as part of Sindh Resilient’s pledge. The Sindh government and the World Bank collaborated to develop the SPHF project, which would help make the region’s environment more robust to the effects of flooding. The Resilient Sindh Conference took place today in the morning. Murad Ali Shah, the chief minister […]
The country is facing an unexpected fuel shortage crisis, with inadequate imports and a scarcity of both petrol and high-speed diesel on the local market. Cities such as Lahore, Gujranwala, and Faisalabad in Punjab are among the worst affected areas, with numerous petrol stations running low on or completely out of fuel. This shortage is […]
The global recession has started to hit Pakistani IT Industry too. CEO Daraz Bjarke Mikkelsen recently said that the company is cutting off 11% of its workforce. He said, “In the last quarter of 2022, funding declined causing job layoffs, starting with Daraz in Pakistan ” Nasheed Malik, Topline Securities ICT analyst told the media, […]
Next Gen Solution for Petrol Price in Pakistan Because an electric bike costs less than a fuel-consuming bike Due to the rising cost of gasoline in Pakistan as a result of the country’s uncertain condition and inflation, SUNRA Company is recommending electric bikes as an alternative to fuel-consuming vehicles. SUNRA is a publicly traded corporation that primarily […]
Pakistan’s economy faced a blow on Friday, when the rupee dropped to a record low against the dollar after Prime Minister Shehbaz Sharif mentioned that the International Monetary Fund (IMF) was giving the government a difficult time. The domestic currency declined by almost 1%, reaching a new low of Rs 271.36 against the dollar, compared […]
The Pakistan Telecommunications Authority (PTA) recently published its Annual Report 2022 in which it is revealed that the administrative expenses of the organisation skyrocketed by 239% in just four years. The expenses were around 1 billion four years ago and were recorded 3.5 billion in 2022. According to the report, Rs 926 million were given […]
In 2022, the number of apps downloaded by Pakistanis rose to 35.4 % compared to the same period last year. This makes Pakistan the fastest-growing apps market globally, according to a report published by Data Darbar. The growth rate of Pakistan was 26.8% in 2021, which increased to 35.4pc in 2022. This is around 3 […]
