Irfan Ali, a 22-year-old resident of Rawalpindi, has been struggling to make ends meet over the past year.Pakistan’s grave economic crisis has resulted in massive layoffs during this period and Ali, who was working for a real estate firm, also lost hi…
Finance Minister Ishaq Dar has said that Consumer Price Index (CPI) inflation in the month of June 2023 remained 29.4 percent as compared to thirty-eight percent last month.In a tweet on Monday, he said that Pakistan Stock Market added 2,334 points by…
The Pakistani rupee (PKR) appreciated to 285 against the US Dollar (USD) in the open market today in tandem with last week’s interbank close of 285.9, following the stand-by agreement on a $3 billion bailout with the International Monetary Fund.Genera…
The abnormal strength of the stock market even as inflation and political uncertainty batter the Pakistani economy has baffled and excited many observers today.The KSE-100 index rallied nearly 6% higher in the first hour of trade today as markets bega…
The price of gold in Pakistan registered a massive drop on Monday to settle at Rs. 207,200 per tola.According to the data released by All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold (24 carats) fell by Rs. 8,800 per tola…
According to Ministry of Information Technology and Telecommunication data presented before the Senate Standing Committee in March this year, Pakistan’s total IT exports stand at $5 billion but only half of it is documented.IT exporters would claim ec…
Prime Minister Shehbaz Sharif has lauded waste management companies and district administrations across Pakistan for their excellent cleanliness arrangements on Eid Ul Azha.In a tweet today (Saturday), he said people were able to perform Sunnah-e-Ibra…
The federal government has commenced the implementation of new measures, as per the agreement reached with the International Monetary Fund (IMF) under the recently approved bailout package.As part of these measures, the government has decided to raise…
