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ISLAMABAD: The Pakistan Civil Aviation Authority (CAA) has granted a Charter Class-2 license to a private cargo airline. According to sources, a new cargo...
Hangpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, was recently sentenced to four months in prison. The 47-year-old former CEO of...
Following three consecutive days of decline, oil prices surged on Thursday amid investor expectations of the United States, the world’s largest consumer of crude...
The Pakistan Stock Exchange soared to yet another record high on Wednesday, buoyed by positive economic indicators suggesting a potential easing of monetary policy...
PIA KARACHI: In a significant development for Pakistan’s economy, Pakistan International Airlines (PIA) has successfully cleared all its liabilities, debt, and arrears. The clearance...
Hot Money KARACHI: Recent reports from a brokerage house indicate a significant uptick in foreign investment in Pakistan’s Treasury Bills (T-bills), reaching levels not...
The World Bank’s recently published Pakistan Development Outlook report presents a bleak outlook for the country’s economy in the coming years. In accordance with...
The broad-based but still nascent recovery has been inadequate to reduce poverty, with growth expected to reach only 1.8 percent in FY24; the poverty...
ISLAMABAD: The World Bank emphasizes the urgent need for Pakistan to fully implement the State-Owned Enterprises (Governance and Operations) Act 2023 and the SOE...
Annual CPI In March, Pakistan’s consumer price index (CPI) exhibited a notable rise of 20.7% compared to the same period last year, marking the...
ISLAMABAD: The Federal Tax Administration has exceeded the set revenue collection goal of 6,707 billion rupees in the July-March period (2023-24) and managed to...