NEW DELHI (Reuters) January 4 – An Indian panel on Wednesday rejected Google’s bid to have an antitrust verdict forcing the tech giant to alter how it approaches its Android platform blocked, giving the American company a blow in a crucial growing area. For abusing its dominant position in areasRead More →
KARACHI: Due to political upheaval and intermittent suspensions of the International Monetary Fund (IMF) lending programme, the Pakistani rupee has continued to depreciate against the US dollar into the year 2022. On Friday, the rupee fell 22% year-over-year to Rs226.43 versus the dollar in the interbank market. However, it isRead More →
The Higher Education Commission (HEC) of Pakistan created the National Innovation Award as a part of the Prime Minister Youth Program. The award seeks to provide funding to Pakistani youth so they may turn their ideas into profitable enterprises. The initiative seeks to encourage young people’s entrepreneurship and creativity whileRead More →
According to the Pakistan Bureau of Statistics, the Consumer Price Index (CPI), which measures inflation on a year-over-year (YoY) basis, increased to 24.5 percent in December 2022. (PBS). According to the statistics, inflation increased from 0.8% in November 2022 to 0.5% in December 2022 on a month-over-month (MoM) basis. AccordingRead More →
China has reaffirmed its commitment to working with Pakistan to boost overall strategic cooperation and hasten the development of a stronger community with a shared future for the two nations in the new era. At the Awarding Ceremony for Outstanding Pakistani Staff of the CPEC Projects 2022 in Islamabad, China’sRead More →
The State Bank of Pakistan (SBP) announced on Friday that there will be an extra three months of cash margin limitations on the import of around 177 items. In an attempt to limit imports, the SBP decided to impose cash margin limitations on a number of imported items early thisRead More →
According to the Federal Bureau of Statistics, the price of a 20 kg flour bag climbed by Rs. 720 in a week.Residents of Islamabad have been struck the hardest by the spike in wheat prices, and are now obliged to buy the most costly flour in the country. A 20Read More →
With the economy under great strain, as seen by depleted foreign reserves, a rising current account deficit, and the currency plunging to a historic low, Pakistan must act quickly to reactivate the International Monetary Fund programme in order to avert a Sri Lanka-style collapse. “In order to re-enter the program,Read More →
ISLAMABAD: Textile and garment exports climbed by 25.96 percent year on year to $15.98 billion in the first ten months of the current fiscal year, owing to a significant depreciation of the rupee and a consistent rise in global demand. On Saturday, the Pakistan Bureau of Statistics (PBS) released dataRead More →
According to the Federal Bureau of Statistics, the price of a 20 kg flour bag has risen to Rs. 720 in one week.Residents in Slamabad have been impacted the worst by the flour price hike, and are now obliged to purchase the most costly flour in the country.The price ofRead More →
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