Poonawalla will buy the stake through his production company, Serene Productions. This is his first major investment outside the pharma sector since 2021 when he bought a 20% stake in the social media platform Wakau Interactive. “They (Adar and Serum) are trying to fruitfully deploy the large cash pile that the company would have generated […]
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs277.85 and Rs279.35 respectively. The price of the Euro increased by 25 paise to close at Rs301.27 against the last day’s closing of Rs301.02, according to the State Bank of Pakistan (SBP). […]
Sources privy to the development said that the government has decided to abolish positions such as naib qasid, security guards, gardeners, sanitary workers, record sorters, carpenters, electricians, and plumbers. Sources indicate that hiring will be frozen for these positions, and the Federal Establishment Division has issued directives to all federal ministries and divisions of Pakistan. […]
During his visit, he will meet the top officials of the IMF and World Bank and the senior officials of the US State and Treasury Departments. The finance minister is leading a delegation comprising the finance secretary, the economic affairs secretary, the governor of the State Bank of Pakistan(SBP), and other senior officials. Aurangzeb will […]
The talented illustrator and character designer was killed at her home. Mahasen’s final artwork, posted on social media just hours before her death, paid tribute to 19-year-old Shaban al-Dalu. Through her art, she humanized the struggles of Gaza’s residents, despite the immense challenges she faced. “The house was full of displaced people when Israel launched […]
SINGAPORE, Oct 21 – Asia shares dipped in and out of positive territory on Monday, under pressure from weakness in Hong Kong stocks, but bitcoin scaled a three-month peak as “Trump trades” continued to ramp up. Gold hit another record high, as global uncertainty over conflict in the Middle East and an extremely close U.S. […]
Lebanon’s official National News Agency (NNA) said Israel’s strikes hit a residential building in South Beirut’s Haret Hreik area near a mosque and a hospital. The Israeli military claimed it hit the “command centre of Hezbollah’s intelligence headquarters” and underground weapons facility in Beirut and that it killed three Hezbollah militants in other strikes. The […]
In an interview with a US media outlet, the ‘Spider-Man’ star revealed that Chastain ensured he would spend time with his mother in England before she died in 2019. The incident happened when the two actors were working together in the US on the Tammy Faye Bakker biopic, ‘The Eyes of Tammy Faye.’ “What was […]
According to sources, Finance Minister Muhammad Aurangzeb will make the request during the annual IMF meetings, scheduled to take place later this month. This development came after Pakistan’s initial request for climate financing was not immediately approved by the IMF, sources said. Sources revealed that Pakistan has taken steps to address fiscal sustainability and mobilize […]
Brent crude futures rose 8 cents, or 0.11%, to $73.14 a barrel by 0120 GMT. U.S. West Texas Intermediate crude futures gained 10 cents, or 0.14% to $69.32 a barrel. Brent had settled down more than 7% lower last week, while WTI lost around 8%. That marked the contracts’ biggest weekly decline since Sept. 2, […]
