In a notable development for gold investors and jewelry buyers alike, global gold prices witnessed a sharp decline, triggering a substantial drop in Pakistan’s domestic bullion market as well. The international market recorded
Category: Business
Finance Minister Justifies Salary Hike for Ministers and MPs: No Raise in 9 Years
Finance Minister Muhammad Aurangzeb has publicly defended the significant salary increases for federal ministers and parliamentarians, following growing criticism over the budget allocations for fiscal year 2025–26. Speaking
Shocking World Bank Report: Nearly Half of Pakistan Now Living in Poverty Under New Global Standards
In a sobering revelation, the World Bank (WB) has released its latest poverty assessment for Pakistan, highlighting a sharp increase in the country’s poverty rate. According to the new findings
Govt Unveils Ambitious 5-Year Plan: Economy to Hit $600 Billion, Growth Target Set at 6% by 2029
In a significant policy announcement, Federal Minister for Planning Ahsan Iqbal unveiled Pakistan’s 13th Five-Year Plan, outlining an ambitious roadmap to boost the country’s economic growth to 6% by 2029 and expand
Banks to Remain Closed for Eid-ul-Adha Holidays from June 6 to 9, Confirms State Bank of Pakistan
In anticipation of Eid-ul-Adha, the State Bank of Pakistan (SBP) has officially announced a four-day bank holiday from Friday, June 6 to Monday, June 9, 2025. This closure will be in effect nationwide
Pakistan Secures $800 Million ADB Support to Boost Economy & Reform Tax System
In a significant step towards strengthening Pakistan’s economy, the Asian Development Bank (ADB) has approved an $800 million financial support package for the country under the Resource Mobilization Reform Program
Ripple (XRP) price update: PKR and USD rates on June 02, 2025, amid market fuctuations.
Cryptocurrencies operate independently of central banks or regulatory authorities, relying on decentralised networks to validate transactions and create new units. Among these digital assets, Ripple […]
Bangladesh removes Sheikh Mujibur Rahman portrait from currency notes.
Bangladesh has unveiled newly redesigned currency notes that no longer feature the portrait of Sheikh Mujibur Rahman, the country’s founding father and father of former […]
Federal appeals court temporarily reinstates Trump tariffs amid legal battle.
A federal appeals court has temporarily reinstated President Donald Trump’s sweeping tariffs, a day after a U.S. trade court ruled that Trump had exceeded his […]