Media Communication Group , World News, Pakistan News,
Media Communication Group , World News, Pakistan News,
ISLAMABAD – Protests are taking place in major cities and towns across the country, including Karachi, Lahore, and Peshawar, over excessive electricity costs. People have taken to the streets in response to a huge increase in electricity rates across the country.In most of the country’s small and big cities, businessmen are protesting the high cost […]
(Web Desk) – On Friday, a gas explosion at Lasbela Chowk in Karachi wounded nine people and destroyed many stores. The event occurred on a sewer near where the stores were constructed. The explosion was confirmed by officials and eyewitnesses. Residents in an adjacent building were evacuated as a result of the incident. According to […]
KARACHI ( Reuters/Web Desk )- Shell Pakistan Limited (SPL) said on Wednesday that its parent firm, Shell Petroleum firm, which controls 77% of the local organisation, will leave the country, without specifying how much stake would be disposed of. The action comes after the firm experienced huge losses in 2022 as a result of currency […]
A Pakistani doctor who has the ability to succeed as a model was named Miss Pakistan Universal 2023.Models are judged in beauty pageant events conducted all over the world on their outward looks, personalities, talents, and overall presentation. According to the format, models display their grace, talent, and attractiveness in many categories. For the last […]
KARACHI : The entire debt of the central government increased by 34.1% at the end of April, according to the State Bank of Pakistan (SBP), reaching Rs58.6 trillion on an annual basis. The trend is predictable given the government’s increasing reliance on borrowing in the face of a weakening currency and its failure to increase […]
The likelihood that Pakistan will default on its debt has significantly decreased over the past 24 hours, with tensions appearing to have abated after Finance Minister Ishaq Dar’s repeated assertion that the true value of the dollar is Rs. 190. Arif Habib Limited (AHL) figures show that on November 22, Pakistan’s benchmark 5-year Credit Default […]
During the first nine months (July-March) of the current fiscal year (2021-22), the federal government transferred an extra Rs. 598 billion to provincial governments under the National Finance Commission (NFC) Award, compared to the same time the previous fiscal year.According to the Ministry of Finance, the Imran Khan-led government released Rs. 2,584 billion from the […]
The Federal Tax Ombudsman (FTO) has urged the Federal Board of Revenue (FBR) to perform an annual examination of cigarette tobacco produced in Pakistan in comparison to claimed tobacco use by all cigarette manufacturing facilities.According to the FTO’s special report on the tobacco industry, the FBR should promptly apply Rule 89, particularly sub-rules (2) and […]
KARACHI: The high demand for US dollars weighed on the rupee, which fell to an all-time low of Rs184.09 after losing another 61 paise in the interbank market on Friday. Since August 2021, the local currency has lost more than 16% versus the US dollar. The State Bank’s foreign exchange reserves fell by more over […]
KARACHI: The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) will meet on Monday to decide on monetary policy, according to a statement. In a statement published Friday, the central bank stated that Governor SBP Dr Reza Baqir will inform the media following the MPC meeting. According to The News, analysts predict the central […]