Senator Muhammad Aurangzeb, the Federal Minister for Finance and Revenue, has stressed the importance of information technology in Pakistan’s prosperity and stability. During a high-level panel discussion at the World Economic Forum (WEF) on Thursday, Aurangzeb noted that Pakistan had achieved substantial vertical advancement in IT and had the third-largestRead More →
RAWALPINDI (APP) – NLC and DP World have delivered over 1,000 containers between Pakistan and Bangladesh since October, when they launched the first direct shipping route between the two nations, a strategic effort that would considerably improve South Asian commerce and connectivity. Container service between Karachi and Jable Ali willRead More →
As investors and traders considered the latest developments in the Ukraine crisis and more hawkish statements from US Federal Reserve officials, Asian stocks dipped on Thursday (March 24), while the sell-off in US Treasuries stalled and oil prices increased. The Nikkei 225 index of Japan started the morning session downRead More →
ISLAMABAD – Prime Minister Imran Khan claims that the Federal Board of Income (FBR) met its February revenue target of 441 billion rupees, representing a 28.5 percent increase. In a series of tweets on Wednesday, he claimed that the government’s ability to subsidise gasoline, fuel, and electricity, as well asRead More →
NEW DELHI: India’s Supreme Court ordered authorities to close workplaces in the capital and surrounding areas on Monday, enabling millions of people to work from home as officials look for measures to decrease harmful air pollution that has forced schools to close. It took action after municipal officials in NewRead More →
ISLAMABAD – On Tuesday, the Saudi Fund for Development announced a “generous instruction” to deposit US $3 billion with the State Bank of Pakistan to help the government maintain its foreign currency reserves and deal with the effects of the Corona outbreak. The deposit of US 3 billion dollars wasRead More →
ISLAMABAD – The Pandora Papers have uncovered further levels of corruption in Nawaz Sharif and Asif Ali Zardari, according to Federal Minister for Information and Broadcasting Chaudhry Fawad Hussain. He said in a tweet that Sharjeel Memon and Ali Dar, Nawaz Sharif’s son-in-law and Ishaq Dar’s son, had no statusRead More →
Xiaomi Corp, a Chinese smartphone company, surpassed Apple Inc to become the world’s No. 2 smartphone producer in the second quarter, according to Canalys, a market research firm. According to the research organisation, Xiaomi moved into second place for the first time, with a 17 percent share of global smartphoneRead More →
Chinese Foreign Minister and State Counselor Wang Yi vowed Wednesday that despite changes in international politics, China will remain committed to Pakistan. Yi was speaking at a conference organised by the Pakistan-China Institute (PCI) to commemorate 70 years of Pakistan-China ties titled “Pakistan-China At 70: A Unique Bilateral Partnership.” FMRead More →
PARIS: (APF) The national financial prosecutors’ office (PNF) said Friday that a French court has been entrusted with examining a disputed multibillion-dollar sale of Rafale fighter aircraft to India in 2016. The contract between the Indian government and French aircraft maker Dassault for 36 jets, worth 7.8 billion euros ($9.3Read More →