LAHORE (Web Desk) – The administration is going to dump another gasoline price increase bomb on an already struggling populace. Due to the exchange rate of the US dollar, the price of petroleum goods may rise by more than Rs32 a litre beginning on February 16 (tomorrow), sources informed ChannelRead More →
ISLAMABAD – The International Monetary Fund (IMF) negotiations with the government were finalised on Thursday after Prime Minister Shehbaz Sharif gave his approval. According to sources with knowledge of the event, the IMF team met with PM Shehbaz Sharif via video connection. Through a video hookup, PM Shehbaz spoke withRead More →
(Reuters) Integral Ad Science (IAS.O) and DoubleVerify Holdings Inc. (DV.N) will collaborate with Twitter Inc. to give marketers with tweet-level research on material that appears next to their adverts, the firms said on Wednesday. Technology is used by companies like IAS and DoubleVerify, which have both worked with Twitter inRead More →
KARACHI – Ishaq Dar, the finance minister, came under fire on Thursday from PML-N leader and financial czar Miftah Ismail, who said that his actions have only hurt Pakistan. Speaking to a private news outlet, the former finance minister said he was unaware of the circumstances behind Mr. Dar’s appointmentRead More →
Washington : According to American officials, Pakistan’s procurement of Russian oil is not a problem. Ned Price, the spokesperson for the State Department, was asked to comment on Russia at a routine press conference because Pakistan, which hasn’t historically been a large consumer of Russian oil, was close to signingRead More →
CNBC – Due to macroeconomic difficulties and sluggish consumer demand, global smartphone sales fell in the fourth quarter of 2022, which is typically a busy Christmas shopping season, according to market research company IDC. According to a survey released late Wednesday by IDC, electronics companies delivered 300.3 million smartphones inRead More →
KARACHI: The rupee suffered a severe loss versus the dollar in the interbank and open markets on Thursday as a result of the lifting of an unofficial ceiling on the dollar exchange rate. Today’s intraday transaction in the interbank market saw the rupee plummet as it lost more than Rs24,Read More →
ABUJA: President Muhammadu Buhari of Nigeria has celebrated the completion of a $1.5 billion deep seaport built by China in the commercial centre of Lagos, which officials believe will help the struggling economy of the West African country thrive. According to Lagos Governor Babajide Sanwo-Olu, the Lekki Deep Sea Port,Read More →
KARACHI – Because banks are hesitant to create LCs for imports because to a lack of foreign reserves, the country’s exchange corporations have volunteered to pay for this process on behalf of the federal government. M. Zafar Paracaha, the general secretary of the Exchange Companies Association, said in a statementRead More →
KARACHI – Hammad Azhar, the head of Pakistan Tehreek-e-Insaf (PTI), blasted the current administration on Sunday, claiming that raw material letters of credit (LCs) had not been issued and that 40% of the country’s businesses had shut down. Speaking at a news conference, Mr. Azhar made fun of the currentRead More →
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