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Category: Economy

Daraz to Lay Off 11% Employees
BusinessDigitalEconomyLifestyleNewsTechnologyTrendingTrends
byAbeer RehmanFebruary 8, 2023July 25, 2023

Daraz to Lay Off 11% Employees

The global recession has started to hit Pakistani IT Industry too. CEO Daraz Bjarke Mikkelsen recently said that the company…

This Electric Bike is cheaper than a petrol bike in Pakistan 2023
EconomyLifestyleNewsTechnologyTrending
byHafiz Rahat UsamaFebruary 7, 2023June 18, 2025

This Electric Bike is cheaper than a petrol bike in Pakistan 2023

Next Gen Solution for Petrol Price in Pakistan Because an electric bike costs less than a fuel-consuming bike Due to the rising…

Pakistan’s Economy Reaches Breaking Point as Rupee Plummets to Historic Low
EconomyTrending
byZainab ShafiqFebruary 3, 2023February 4, 2023

Pakistan’s Economy Reaches Breaking Point as Rupee Plummets to Historic Low

Pakistan’s economy faced a blow on Friday, when the rupee dropped to a record low against the dollar after Prime…

PTA Expenses Increase by 239% in Four Years
BusinessDigitalEconomyEntertainmentLifestyleNewsTechnologyTrendingTrends
byAbeer RehmanFebruary 3, 2023November 1, 2023

PTA Expenses Increase by 239% in Four Years

The Pakistan Telecommunications Authority (PTA) recently published its Annual Report 2022 in which it is revealed that the administrative expenses…

Pakistan Becomes Fastest Growing App Market in the World: Reports Data Darbar
ArtistBlogsBusinessDigitalEconomyEntertainmentLifestyleMusicNewsSocialTechnologyTrendingTrendsWorld
byAbeer RehmanFebruary 2, 2023November 1, 2023

Pakistan Becomes Fastest Growing App Market in the World: Reports Data Darbar

In 2022, the number of apps downloaded by Pakistanis rose to 35.4 % compared to the same period last year.…

Earthquake of Magnitude 4.3 Jolts Balochistan
DigitalEconomyNewsTrendingTrends
byAbeer RehmanFebruary 2, 2023February 2, 2023

Earthquake of Magnitude 4.3 Jolts Balochistan

A earthquake of magnitude 4.3 hit different areas of Lasbela, Balochistan on Thursday morning. The Meteorological Department of Pakistan has…

Sharjeel Memon Inaugurates Women-only Bus Service in Karachi
BusinessEconomyEventsLifestyleNewsTrendingTrends
byAbeer RehmanFebruary 2, 2023February 2, 2023

Sharjeel Memon Inaugurates Women-only Bus Service in Karachi

Sindh Government takes yet another initiative to support women empowerment in the province by launching Pink People’s Bus Service in…

Discover the Natural Beauty and Cultural Riches of Gilgit-Baltistan, Pakistan
BlogsEconomyLifestyleTrending
byMaez AkhtarFebruary 1, 2023February 1, 2023

Discover the Natural Beauty and Cultural Riches of Gilgit-Baltistan, Pakistan

Gilgit-Baltistan, located in the northernmost region of Pakistan, is a place of unparalleled natural beauty and rich cultural heritage. This…

Pakistan Records Highest Inflation in 48 Years
Economy
byZainab ShafiqFebruary 1, 2023February 1, 2023

Pakistan Records Highest Inflation in 48 Years

Inflation in Pakistan has reached a record high, as consumer prices rose 27.6% in January compared to 13% in the…

Inflation Likely to Reach 27%; Will Cross 30% After IMF Program
BusinessEconomyLifestyleNewsTrendingTrends
byAbeer RehmanFebruary 1, 2023February 1, 2023

Inflation Likely to Reach 27%; Will Cross 30% After IMF Program

Pakistan is going through the worst economic crisis. It is speculated that inflation is likely to reach 27% in January.…

Steel Industry Warns Closure If LC Crisis Not Resolved
BusinessDigitalEconomyNewsTrendingTrends
byAbeer RehmanJanuary 31, 2023January 31, 2023

Steel Industry Warns Closure If LC Crisis Not Resolved

The Steel Industry fears closure of businesses and major job cuts in the wake of recent failure to open LCs…

No Hike in Fee of Passport, Interior Ministry Rubbishes Rumours
BusinessDigitalEconomyNewsTechnologyTrendingTrends
byAbeer RehmanJanuary 31, 2023January 31, 2023

No Hike in Fee of Passport, Interior Ministry Rubbishes Rumours

The social media was abuzz with rumours for the last few weeks that the fee for machine readable passports is…

Rupee Becomes  Worst Performing Currency in Asia – Hits Rs 270 Against Dollar
BusinessDigitalEconomyTrendingTrends
byAbeer RehmanJanuary 31, 2023January 31, 2023

Rupee Becomes Worst Performing Currency in Asia – Hits Rs 270 Against Dollar

Pakistani rupee has hit a new all-time low when it was trading at Rs 270/$ today. This makes the Rupee…

Lucky Motor Corporation Temporarily Suspends KIA Vehicle Reservations Due to Decline in Pakistani Rupee
BusinessEconomyNews
byZainab ShafiqJanuary 29, 2023January 30, 2023

Lucky Motor Corporation Temporarily Suspends KIA Vehicle Reservations Due to Decline in Pakistani Rupee

Lucky Motor Corporation (LMC) issued a statement on Friday announcing that due to the sharp decline in the Pakistani Rupee,…

Finance Minister Ishaq Dar Announced an Increase in the Price of Petrol and Diesel by Rs 35
EconomyNewsTrending
byUzma SaharJanuary 29, 2023January 29, 2023

Finance Minister Ishaq Dar Announced an Increase in the Price of Petrol and Diesel by Rs 35

Following the devaluation of the rupee against the dollar, Finance Minister Ishaq Dar Sunday announced that the price of petrol…

Pakistani population’s distribution as per income, lower, middle, and upper class
BlogsEconomyTrending
byMaez AkhtarJanuary 26, 2023January 26, 2023

Pakistani population’s distribution as per income, lower, middle, and upper class

Pakistan is a country with a population of over 220 million people. The distribution of the population in terms of…

Why Pakistan’s Education System is far behind other countries?
BlogsEconomyTrending
byMaez AkhtarJanuary 26, 2023January 26, 2023

Why Pakistan’s Education System is far behind other countries?

Pakistan’s education system is far behind other countries for a variety of reasons. One major issue is a lack of…

Pakistan Seeks US Help for IMF Program Revival
BusinessDigitalEconomyNewsTechnologyTrending
byAbeer RehmanJanuary 26, 2023January 26, 2023

Pakistan Seeks US Help for IMF Program Revival

Pakistan has asked for the US help to revive the IMF program to assist soft landing of its economy post…

Data Protection Bill 2021 Will Strengthen IT & Digital Economy Says Qamar
BusinessDigitalEconomyNewsTrending
byAbeer RehmanJanuary 26, 2023January 26, 2023

Data Protection Bill 2021 Will Strengthen IT & Digital Economy Says Qamar

Naveed Qamar, Federal Minister for Commerce and Investment, said that promotion of data science and IT are very important to…

Existing IT Policies Are a Hinderance in Attracting Foreign Investment
BusinessDigitalEconomyNewsTrending
byAbeer RehmanJanuary 26, 2023January 26, 2023

Existing IT Policies Are a Hinderance in Attracting Foreign Investment

IT is one of the leading sectors of Pakistan in terms of revenue and is included in the top 5…

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