Business & Economy

Frankfurt, Sept 26 (AFP/APP):Denmark’s maritime traffic agency on Monday reported a “dangerous” gas leak in the Baltic Sea close to the route of the inactive Nord Stream 2 pipeline, which experienced an unexplained drop in pressure. The leak, southeast of the Danish island of Bornholm, […]

London, Sept 26 (AFP/APP):The government of new British Prime Minister Liz Truss on Monday came under pressure after the pound hit a record low against the dollar following a huge tax-cutting budget last week. In a rare statement issued between its rate-setting meetings, the Bank […]

LAHORE, Sep 26 (APP): A meeting was held at Pakistan Railways Headquarters on Monday in which briefing was given on first quarter of 2022-23 development works. According to official sources here, the meeting was presided over by Railways Minister Khawaja Saad Rafique. Meeting held a […]

LAHORE, Sep 25 (APP): Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Sunday demanded to the State Bank of Pakistan (SBP) to expedite the process of import payments to avoid disruptions in industrial production. FPCCI President Irfan Iqbal Sheikh and Regional Chairman Muhammad Nadeem […]

ISLAMABAD, Sep 25 (APP): Federal Minister for Finance and Revenue Miftah Ismail on Sunday tendered his resignation to Pakistan Muslim League-Nawaz (PML-N) supremo Muhammad Nawaz Sharif in a party meeting held in London. Senior PML-N leader Ishaq Dar would replace Miftah as new finance minister. […]

ISLAMABAD, Sep 25 (APP): Pakistan Railways was expanding the scope of China Pakistan Economic Corridor (CPEC) to explore the “Gateway of Prosperity” for both countries and the region at large through the advancement of the Railways sector. The department considered CPEC as a long-term development […]

ISLAMABAD, Sep 25 (APP):Romina Khurshid Alam, SAPM and Convener Parliamentary Task force on SDGs, urged for strengthening implementation of laws along with behavioural changes to reinstate respect for law, social responsibility and social norms to ensure that development is inclusive and reaches under-developed and underprivileged […]

BEIJING, Sept. 24 (Xinhua/APP):The opening up of China’s financial market has made yuan-denominated assets more alluring for overseas investors, and promoted global use of the Chinese currency, said a latest report by the People’s Bank of China. By the end of 2021, overseas entities had […]

ISLAMABAD, SEP 24 (Online): FPCCI’s Presidential candidate Atif Ikram Sheikh on Saturday said the IMF has given an indication of easing its strict conditions which is a good development but this is insufficient. The international community is showing indifference towards Pakistan to help it respond […]

KARACHI, SEP 24 (Online): PTI leader Asad Umar has said Pakistan has reached highly precarious condition and imported Prime Minister (PM) has failed to understand so far as to why he has been seated on this chair. “Earlier it was said Ishaq Dar is responsible […]