According to the Pakistan Bureau of Statistics (PBS), industrial output fell by 3.51% year-on-year in February alone and saw a sharper 5.9% drop compared to January. Sugar production plummeted by 12.62%, fertiliser output dropped by 1.63%, cement production decreased by 6.43%, and iron and steel industries saw an 11.7% reduction. However, some sectors reported growth. […]
President Donald Trump has ratcheted up tariffs on Chinese goods to eye-watering levels, prompting Beijing to slap retaliatory duties on U.S. imports that have raised the stakes for the world’s two biggest economies and rattled financial markets. Data on Wednesday showed China’s gross domestic product (GDP) grew 5.4% in the January-March quarter from a year […]
The buying and selling rates for OMR were recorded at Rs723.1 and Rs731.6, respectively. The exchange rates were last updated at 13:13 PST on April 16, 2025. 1,000 Omani Rial in Pakistani rupees 1,000 Omani Riyal (OMR) is equivalent to Rs 722,000 in Pakistani currency if citizens sell the same in the open market. Individuals […]
According to Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is currently being sold at SAR 3,857, while the cost of an ounce of gold is 11,995 Saudi Riyal. Gold rates are influenced by global market trends, including those in Saudi Arabia, with the latest update noted at 10:00 am on April 16, 2025. […]
The Saudi Riyal’s selling rate was noted at Rs75.32. Saudi Arabia’s official currency is denoted as SAR or SR. A single Riyal is divided into 100 halalas. The relationship between Pakistan and Saudi Arabia is characterized by a deep-rooted, mutually supportive alliance, reinforced by significant financial aid from the Saudi kingdom. Recently, Saudi Arabia extended […]
The bilateral ties and cooperation were discussed during the Fifth Round of the Pakistan-China Dialogue on Maritime Cooperation held in Beijing on Tuesday, according to a Foreign Office press release. The dialogue was co-chaired by Additional Secretary (Asia-Pacific) of the Ministry of Foreign Affairs of Pakistan, Imran Ahmed Siddiqui, and Director General of the Department […]
As per details, as preparations for the upcoming federal budget are underway, high-level discussions are taking place to explore avenues of tax relief, particularly for the salaried class and real estate sector. Insiders reveal that one of the key proposals under consideration is the elimination of the 3% Federal Excise Duty (FED) on property sales. […]
Beijing and Washington are locked in a fast-moving, high-stakes game of brinkmanship since the US president launched a global tariff assault that has particularly targeted Chinese imports. Tit-for-tat exchanges have seen US levies imposed on China rise to 145 percent, and Beijing setting a retaliatory 125 percent toll on imports from America. Official data on […]
The KWS said authorities had intercepted live queen ants, including from the sought-after Messor Cephalotes species, also known as the Giant African Harvester Ant, concealed in modified test tubes and syringes. “Investigations revealed that the test tubes had been designed to sustain the ants for up to two months and evade airport security detection,” the […]
President Donald Trump has ratcheted up tariffs on Chinese goods to eye-watering levels, prompting Beijing to slap retaliatory duties on U.S. imports in an intensifying trade war between the world’s two biggest economies that markets fear will lead to a global recession. Data on Wednesday showed China’s gross domestic product (GDP) grew 5.4% in the […]
