A ban has been imposed on the use of red carpet on Pakistan PM Shehbaz Sharif’s directives Islamabad: Pakistan Prime Minister Shehbaz Sharif has banned the use of red carpets at government events, reserving them exclusively for diplomatic receptions, as part of austerity measures to cut down unnecessary expenditures inRead More →
Average inflation rate In Pakistan for past year was 27.26 percent, says government data Islamabad: Pakistan’s year-on-year inflation hit 35.37 percent in March — the highest in nearly five decades — as the government scrambled to meet International Monetary Fund (IMF) conditions to unlock a desperately needed bailout. Month-on-month inflationRead More →
Karachi: Eleven people were killed in a stampede during the distribution of food aid in Pakistan’s Karachi on Friday, a health official said, one of several such incidents in recent weeks as the country’s economic crisis bites. The dead included five women and three children, police said, while five other peopleRead More →
Multibagger Manish Goel stock: Shares of Suryalata Spinning Mills Ltd are one of the multibagger stocks that Indian stock market has produced in last one month. This one of the Manish Goel stocks has risen from around ₹300 to ₹620, delivering more than 100 per cent return to its shareholdersRead More →
Prices of onions and chickens have gone up. (Representational) Islamabad: Consumer prices rose significantly in the outgoing week on the back of onions, chicken, eggs, rice, cigarettes and fuel, official data showed on Friday, driving the weekly inflation to over 40 per cent for the first time in over fiveRead More →
They will get a further boost once the IMF releases USD 1.1 billion after completion of talks. Islamabad: Pakistan on Friday received a much-needed cash injection of USD 700 million from all-weather ally China to help its ailing economy before the finalisation of talks with the IMF for financial assistance.Read More →
Talks will resume virtually. (Representational) Karachi, Pakistan: Pakistan and the International Monetary Fund are to resume talks online next week they said on Friday, after ten days of face-to-face discussions in Islamabad on how to keep the country afloat ended without a deal. With the nuclear-armed nation in a full-blownRead More →
Pakistan Defence Minister Khawaja Asif said that manufacturing of incandescent bulbs would be stopped from February 1 while production of inefficient fans would be stopped from July. File | Photo Credit: Reuters Cash-strapped Pakistan on January 3 announced early closure of markets and wedding halls as part of a raft ofRead More →
