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Category: Economy

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…

What are Pakistan’s Five Major Challenges in 2023?
BlogsEconomyNewsTrending
byMaez AkhtarJanuary 25, 2023January 25, 2023

What are Pakistan’s Five Major Challenges in 2023?

Pakistan is facing a number of challenges in 2023, and to come out of this, Pakistan definitely needs some planning…

Currency Dealers Remove Cap on Rupee-Dollar Conversion
BusinessEconomyTrendingTrends
byAbeer RehmanJanuary 25, 2023January 25, 2023

Currency Dealers Remove Cap on Rupee-Dollar Conversion

The cap will be removed from 25th January onwards and now rupee will be allowed to depreciate as per its…

Sindh govt relaxes age limit for public sector/government jobs
EconomyJobsNewsPoliticsTrending
bySumavaya IqbalJanuary 24, 2023June 2, 2023

Sindh govt relaxes age limit for public sector/government jobs

The Sindh government has given relaxation in age limit for government jobs. According to the notification issued by the Sindh…

Cambridge Announces Significant Increase in O-Level and A-Level Exam Fees
BlogsEconomyTrending
byMaez AkhtarJanuary 23, 2023January 23, 2023

Cambridge Announces Significant Increase in O-Level and A-Level Exam Fees

The Cambridge Assessment International Education (CAIE), a division of the University of Cambridge, has announced a significant increase in fees…

NHA Chairman Issues Directive for Immediate Snow Clearance on National Highways
BlogsEconomyTrending
byMaez AkhtarJanuary 23, 2023January 23, 2023

NHA Chairman Issues Directive for Immediate Snow Clearance on National Highways

The National Highway Authority (NHA) Chairman, Captain (r) Muhammad Khuram Agha, has issued a directive for immediate snow clearance on…

Pakistan Railways Implements 25% Fare Increase for Green Line Services
BlogsEconomyNewsTravelTrendingTrends
byMaez AkhtarJanuary 23, 2023January 23, 2023

Pakistan Railways Implements 25% Fare Increase for Green Line Services

Pakistan Railways has announced a 25% fare increase for its Green Line services, effective immediately. This decision was made to…

World Bank Delays $1.1 Billion Loans to Pakistan, Opposes Flood Levy
Economy
byZainab ShafiqJanuary 20, 2023January 20, 2023

World Bank Delays $1.1 Billion Loans to Pakistan, Opposes Flood Levy

The World Bank has dealt a major blow to Pakistan by delaying the approval of two loans worth $1.1 billion…

Punjab Implements Advanced Security Measures to Curb Car Registration and Token Tax Fraud
BlogsEconomyTrendingTrends
byMaez AkhtarJanuary 20, 2023January 20, 2023

Punjab Implements Advanced Security Measures to Curb Car Registration and Token Tax Fraud

Punjab, a province in Pakistan, is taking steps to curb car registration and token tax fraud with the implementation of…

Pakistan’s University Students to Benefit from Revamped Laptop Scheme
EconomyNews
byZainab ShafiqJanuary 20, 2023January 20, 2023

Pakistan’s University Students to Benefit from Revamped Laptop Scheme

The Federal Government of Pakistan recently announced its decision to relaunch the laptop scheme for university students with a budget…

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