According to studies, sanctions affect around 28% of the global GDP, which is significant enough for these nations to consider introducing their own currency. From China to Russia and Iran… Economic instruments have been heavily utilized in politics, harming firms’ and investors’ interests. The reputation of the Global South has been harmed by the use […]
Prime Minister Shehbaz Sharif made a suggestion that Saudi Arabia may spend billions of dollars in Pakistan one day after Prince Faisal bin Farhan, the country’s foreign minister, finished his two-day visit to Islamabad. The prime minister announced that billions of dollars in investment were anticipated as a result of the recent visit by the […]
According to sources, the price of ghee for Benazir Income Support Programme (BISP) eligible persons to Rs 393 per kilogram. Sources said that the price of ghee under the Ramzan Package was set at Rs 335 per kilogram with a Rs 70 subsidy on the price currently. The weekly inflation measured by the Sensitive Price […]
His estimated net worth is £14.3 billion, but his identity is still a mystery, according to British media. The wealthiest individual in Britain is Michael Platt, 56, whose enormous wealth even eclipses that of well-known billionaires James Dyson and Sir Jim Ratcliffe. However, despite his staggering wealth, the millionaire Preston native remains mostly unknown—so much […]
A groundbreaking development in solar cell technology has been achieved by a research team that introduced a prototype using an innovative quantum material as its active component. This newly developed material has demonstrated impressive capabilities in capturing and converting solar energy into electricity, boasting a photovoltaic absorption rate of 80% and an external quantum efficiency […]
Bhavesh Bhandari and his spouse, a wealthy Jain couple from Gujarat, have donated around INR 2 billion and taken up monastic life as a means of achieving spiritual enlightenment. They gave up their riches in February, according to The Economic Times, and this month they will publicly declare their renunciation at an event. A few […]
Customers’ power costs for the month of May would be reduced by Rs4.12 per unit as compared to March. According to a statement released by the Ministry of Power Division on Tuesday, a petition has been filed with the National Electric Power Regulatory Authority (Nepra) to reduce the fuel cost adjustment for May from Rs4.92 […]
The greenback has been bolstered by stronger-than-expected growth data, including retail sales data for March released on Monday. Stickier-than-hoped inflation in particular is seen as making it less likely that the Federal Reserve will begin cutting interest rates in the coming months. “The reality is that you have an expanding economy,” said Juan Perez, director […]
Some 548,418,295 shares valuing Rs.21.032 billion were traded during the day as compared to 555,214,972 shares on the last day. The shares of 369 companies were traded in the stock market with 175 of them recorded gains and 168 sustained losses, whereas the share prices of 26 remained unchanged. A day earlier, PSX continued its […]
Defence Minister Khawaja Asif stated that “Pakistan is in a position to complete [gas] pipeline project with Iran, and makes decision regarding it” before to Iranian President Ibrahim Raisi’s visit this month. Asif stated, “We are building gas pipeline on our side from Gwadar to the Iranian border,” during Monday’s Capital Talk segment of Geo […]
