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Wednesday, November 12, 2025

Exporting transport services brought $737million in the country

Pakistan earned $737.720 million by providing transport services in various countries during the eleven months of fiscal year (2021-22).

Rupee hits a new low at 232 against the greenback: Intra-day update

During intra-day trading, the rupee was quoted at 232, down about 1.6 percent against the greenback at 1:50pm.

Export-oriented sectors ready to step out of energy crisis

Government agreed to provide electricity to five export-oriented sectors across the country for one year at 9 cents per kWh and $9 per MMBTU.

Tax gap reaches Rs.3000 billion: FBR

There was a tax gap of Rs3,000 billion out of which Rs1,800 billion was a policy gap, due to tax exemptions/incentives given to some sectors.

Hamza Shehbaz re-elected as the Chief Minister of Punjab

Hamza Shehbaz managed to secure a victory in the Chief Minister election held today in Punjab Assembly with 179 votes as 10 votes of PMLQ in favor of Chaudhry Pervez Ilahi were rejected by deputy speaker of Punjab assembly Dost Mazari citing the supreme court decision.

Hosts look to level series against Shaheen less Pakistan

For the first Test against Pakistan, the pitch was once again entirely different, with little help for the spinners, even on the final two days, when Asian tracks usually turn.

Pakistan is safe from default

Pakistan’s external debt include 9 percent from Eurobonds at end December 2021 and effective management of public debt has been a problem.

Foreign investment increased in last fiscal year

During Khan period investments rose; however, during last few months the situation is getting worse for businesses. After Airlift, another delivery service provider closed its operations across Pakistan. Unfortunately, the current economic situation is not viable for startups.

Pakistan’s IT industry makes record service exports

IT services exports could one day save Pakistan from current account deficit.

India elects first president from tribal communities

More than 4,500 state and federal lawmakers voted in the presidential election on Monday and ballots were counted on Thursday.

Sonia Gandhi questioned on money laundering accusations

The Gandhi family has denied the allegations and Congress has accused Prime Minister Narendra Modi's party of misusing its power.

SC to take up contempt petition against PML-N’s ministers

The petition was filed by Parvez Elahi against Hamza Shehbaz, Rana Sanaullah, and Marriyum Aurangzeb for threatening PTI lawmakers ahead of CM elections on July 22.