Asian stocks rose on Thursday, tracking Wall Street’s gains after a volatile session, while U.S. Treasury yields came under pressure following mixed economic data. European […]
Category: Business
U.S. Dollar slumps amid trade war easing and BOJ rate hike expectations.
The U.S. dollar tumbled to an eight-week low against the yen and hovered near a one-month low versus the British pound on Thursday as concerns […]
Government to Eliminate Redundant Posts: Finance Ministry Orders Vacant Positions Review
The Ministry of Finance has issued a directive to all ministries, divisions, and departments to submit details of vacant positions by February 6. The move is part of the government’s strategy
Government announces 50% reduction in electricity rates for EV charging stations.
The federal government has decided to slash electricity prices for electric vehicle (EV) charging stations by 50% to promote EV adoption in Pakistan. Currently, charging […]
Trump tariffs on Canada & Mexico set to raise U.S. food prices.
U.S. consumers, already struggling with rising beef, egg, and dairy prices, will likely see further food inflation as President Donald Trump’s new tariffs on Canadian […]
Lawmakers’ Salaries Increased to Rs519,000: Finance Committee Approves Hike
In a significant development, the Finance Committee has approved a salary increase for Members of the National Assembly (MNAs) and Senators, raising their monthly pay to Rs519,000. This hike will officially take effect from January 1, 2025.
Apple eyes growth as AI expansion offsets iPhone sales slump.
Apple executives have projected strong sales growth, signaling a recovery from a slight dip in iPhone revenue as the company expands its artificial intelligence (AI) […]
Pakistan’s IT Exports Surge to $3.22 Billion: A Major Boost for the Economy
Pakistan’s Information Technology (IT) industry has achieved a significant milestone, with exports surpassing $3.22 billion in the fiscal year 2023-24, marking a remarkable increase
Pakistan and European Union Strengthen Partnership for Human Rights and Democracy
In a significant development, the Punjab government and the European Union (EU) reaffirmed their commitment to promoting fundamental human rights, democracy, and the rule of law