Donald Trump has officially taken his oath of office as the 47th President of the United States. US Supreme Court Chief Justice John Roberts took the oath on Capitol Hill. Just before noon ET (1700 GMT), Trump stepped inside the US Capitol, his hand on a Bible, and swore toRead More →
Exhibitions, debates, conferences, seminars, and cultural events are planned to commemorate Quaid-e-Azam’s life, hardships, and accomplishments. These activities are intended to motivate citizens to adopt his values of inclusion, justice, and equality. President Asif Ali Zardari and Prime Minister Shehbaz Sharif paid emotional homage to Quaid-e-Azam. President Zardari stressed theRead More →
ISLAMABAD: The release of Rs 60 billion in finance for Pakistan State Oil (PSO) to be able to satisfy its financial commitments was authorised at a meeting of the Economic Coordination Committee (ECC) of the federal cabinet, among other decisions. The bulk of this money will come from commercial banksRead More →
ISLAMABAD: On Tuesday, the Federal Cabinet, presided over by Prime Minister Shehbaz Sharif, authorised the immediate implementation of the Energy Conservation Plan. At a press conference in Islamabad with other cabinet members, Minister for Defence Khawaja Asif highlighted key aspects of the energy conservation plan. He added that under theRead More →
According to the head of Saudi Aramco, the world is facing a serious oil supply shortage since most corporations are scared to invest in the industry due to green energy constraints, and the company cannot grow production capacity as quickly as promised. Despite pressure to increase capacity faster, Amin Nasser,Read More →
After increasing 47 paisa at the Interbank on Tuesday, the US Dollar closed at an all-time high versus the Pakistani Rupee (PKR). Weakening macroeconomic kept dollar demand high on the second business day of the week, with the greenback closing at Rs201.41. Depleting foreign exchange reserves and uncertainties over theRead More →
Weekly inflation in the Pakistan increased to 1.42 percent. According to data, live chicken increased in price by Rs 28.26 per kg, lentils increased by Rs 14.88, gramme lentils increased by Rs 6.54, and mash lentils increased by Rs 5.18 per kg, while a 20 kg bag of flour increased inRead More →
When compared to the same period previous year, Rice exports from the country increased by 17.21% over the first ten months of this fiscal year. According to Pakistan Bureau of Statistics statistics, from July to April 2021-22, 4,044,269 metric tonnes of rice worth $2.051 billion were exported, compared to 3.190,559Read More →
With the economy under great strain, as seen by depleted foreign reserves, a rising current account deficit, and the currency plunging to a historic low, Pakistan must act quickly to reactivate the International Monetary Fund programme in order to avert a Sri Lanka-style collapse. “In order to re-enter the program,Read More →
The Pakistan Tehreek-e-Insaf (PTI) government borrowed $52 billion in external loans in three years and eight months, placing it first among the previous four governments. In fact, the PTI returned 70% of the debts incurred by previous governments. It had surpassed Pakistan Muslim League (PML-N), which had $49.761 billion inRead More →