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KARACHI: The operations of Pakistan International Airlines (PIA) were severely affected due shortage of funds with a number of domestic and international flights being cancelled, sources...
KARACHI: The workers’ remittances to Pakistan steeply declined by 22% in July-August as the expatriate workers chose informal channels to send funds amid a widening gap between...
ISLAMABAD: Amid increasing petrol prices in Pakistan, a new start-up company has announced that it would manufacture 8,000 electric motorcycles ranging up to Rs450,000 in the country, The News reported...
After Daniel Zhang, the former CEO of China’s Alibaba Group, abruptly left the company’s cloud computing division on Monday, the company’s Hong Kong-listed shares dropped more...
A delegation of the World Bank on Thursday called on caretaker Minister for Information Technology and Telecommunication Dr Umar Saif in Islamabad. Matters of mutual interest,...
KARACHI: Former chairman of the Federal Board of Revenue (FBR) Shabbar Zaidi on Thursday insisted that the discontinuation of Rs5,000 note and curbs on the physical...
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has allowed increasing the petroleum dealers’ and oil marketing companies’ (OMCs) margins from Sept 15 in four...
The Pakistan International Airlines (PIA) has warned that Boeing and Airbus are likely to suspend the supply of spare parts by mid-September as the national flag...
Amid the presence of a grey market of the dollar, the State Bank of Pakistan (SBP) on Wednesday decided to introduce structural reforms in order to...
KARACHI: The federal government’s total debt surged to nearly Rs60 trillion, primarily attributed to borrowing from domestic and foreign sources to cover the fiscal deficit, The News reported...
