Business & Economy

Washington, Jan 6 (AFP/APP):The dominant US services sector contracted for the first time in more than two years in December, survey data showed on Friday, as business activity slumped. The Institute for Supply Management’s services index dipped below a key 50-percent threshold, indicating a contraction […]

ISLAMABAD – January 4 (ONLINE) Finance Minister Ishaq Dar on Wednesday held a fiery press conference – flanked by his fellow cabinet members including Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal, Federal Minister for Energy Khurram Dastgir Khan, Federal Minister for Economic […]

Karachi, Jan 4 (Online): In the latest episode of the SBP Podcast series, three officers of Economic Policy Review Department (EPRD) discuss the prospects of demographic dividend in Pakistan. The population of Pakistan has increased exponentially from 1970 when it was 59 million to 231 […]

Dublin, Jan 4 (AFP/APP): US social media giant Meta was slapped Wednesday with fines totalling 390 million euros ($413 million) for breaching EU personal data laws on Facebook and Instagram, Ireland’s data regulator said. Meta and other US Big Tech firms have been hit by […]

London, Jan 4 (AFP/APP):Recession-bound Britain will emerge from its winter of discontent with economic growth, lower inflation and shorter hospital waiting lists, Prime Minister Rishi Sunak vowed on Wednesday. Issuing a five-point list of promises for the new year, Sunak also vowed to bring down […]

Washington, Jan 4 (AFP/APP): US central bankers do not expect it will be “appropriate” to start cutting interest rates this year with inflation remaining high, according to minutes of the latest Federal Reserve policy meeting released Wednesday. The Fed has waged an all-out campaign to […]

MIRPUR AJK) : Jan 03 (APP)::Construction work is continuing simultaneously on 12 different sites of the Dasu Hydropower Project while the critical diversion system will be completed in May this year and the electricity generation from the project will commence by the end of 2026. […]

Islamabad, 2 January (PNI) 46 Pakistani organizations have won the Global Diversity, Equity and inclusion Benchmarks annual award 2022. According to details, HR Metrics conducts Global Diversity, Equity & Inclusion Benchmarks (GDEIB) awards on annual basis through a merit-based process in which organizations are given […]

ISLAMABAD, DEC 30 (Online): PTI leader Asad Umar has expressed grave concern over dip in foreign exchange reserves of State Bank. In a statement he has said state bank of Pakistan reserves fell by 294 million dollars last week. Slamming the PDM government he said […]

December 30, 2022 (Online): Chairman WAPDA Lt Gen Sajjad Ghani (Retd) visited Neelum Jhelum Hydropower Project today and reviewed progress on remedial works in Tail Race Tunnel of the project. The Chief Executive Officer of Neelum Jhelum Hydropower Company and representatives of the Contractors of […]