ISLAMABAD: The government has announced a significant hike in fuel and diesel prices, which is expected to spark a new wave of inflation across the country. Ali Pervaiz Malik, Minister of State for Finance, made the news during a press conference, flanked by Federal Finance Minister Muhammad Aurangzeb. According toContinue Reading
LONDON (Reuters) — This week, global markets saw a new wave of volatility when President Donald Trump threatened to impose tariffs on eight European countries until the United States is allowed to acquire Greenland. Trump stated that he will apply extra 10% import taxes on products from Denmark, Norway, Sweden,Continue Reading
LAHORE (Speaks Pakistan) – After objections were eliminated, the Lahore High Court (LHC) forwarded 18 additional petitions filed against acts taken under the Punjab Property Ownership Act to a full bench on Wednesday, issuing a stay order while requesting the whole record of proceedings conducted by the committees. Chief JusticeContinue Reading
ISLAMABAD (Speaks)- The privatization of Pakistan International Airlines has hit a critical stage, with the Arif Habib consortium emerging as the victorious bidder, obtaining a 75% interest in the national airline with a final offer of Rs135 billion. The decision was revealed following the completion of the second and lastContinue Reading
LAHORE (SAYS Digital). The government has given a last warning to key social media companies, suggesting that stringent limitations similar to those imposed in Brazil will be implemented if Pakistani laws are not strictly followed. Talal Chaudhry, Minister of State for Interior, and Aqeel Malik, Minister of State for LawContinue Reading
ISLAMABAD: In a landmark ruling, the Supreme Court of Pakistan held that a bank statement alone is insufficient to verify someone’s income. The ruling occurred during a case heard by a two-member court led by Chief Justice Yahya Afridi, with Justice Shafi Siddiqui writing the judgment. The Supreme Court madeContinue Reading
ISLAMABAD – Turkish Foreign Minister Hakan Fidan remarked that both Pakistan and Turkey want to expand their bilateral trade volume to $5 billion. Addressing a joint news conference with Foreign Minister Ishaq Dar, Fidan expressed thanks for Ishaq Dar’s kind welcome, noting that both nations have deep-rooted, fraternal connections thatContinue Reading
The State Bank of Pakistan (SBP) is preparing to launch a pilot project for a digital currency and is finalizing laws to control virtual assets, Governor Jameel Ahmad revealed on Wednesday, according to Reuters. At the Reuters NEXT Asia event in Singapore, the governor stated that Pakistan was “building upContinue Reading
DUBAI (Reuters) — Crown Prince Mohammed bin Salman established a new business on Monday to develop and administer artificial intelligence technology in Saudi Arabia, a main objective in the country’s economic diversification efforts. US President Donald Trump visits Saudi Arabia this week, the first stop on his Gulf trip, andContinue Reading
ISLAMABAD ( A News): A group from the International Monetary Fund (IMF) has arrived in Pakistan to examine the proposed budget for the upcoming fiscal year. Insiders from the Ministry of Finance claim that the team will draft budget suggestions by meeting with officials from the finance ministry. According toContinue Reading
