By Qamar Bashir In their most recent publications, the IMF, Asian Development Bank and World Bank separately assessed the worth and outlooks of world economies, including Pakistan and India. These assessments present a diametrically opposed picture of the two South Asian giants. The International Monetary Fund (IMF) stated in its […]
Business
PARIS -UNS/Reuters : The United Nations food agency’s world price index fell in May to its lowest in two years, as a slump in prices of vegetable oils, cereals and dairy outweighed increases for sugar and meat. The Food and Agriculture Organization’s (FAO) price index, which tracks the most globally-traded […]
ISLAMABAD -UNS: Nutshell Conferences Group and Martin Dow Group, in strategic partnership with Overseas Investors Chamber of Commerce and Industry (OICCI), and Unity Foods Limited, concluded the 6th Edition of the LEADERS IN ISLAMABAD BUSINESS SUMMIT; this year’s theme was “The BIG Rethink,” with a pledge to revisit and rethink […]
ISLAMABAD -UNS: Prof. Ahsan Iqbal, Federal Minister for Planning, Development & Special Initiatives, highlighted the need to streamline policies for facilitation and building a collaborative environment. Addressing the Inaugural Session of LEADERS IN ISLAMABAD BUSINESS SUMMIT, shared his vision of five essential Es for a sustainable and stable future: Exports, […]
ISLAMABAD -UNS: The committee took briefing by the Deputy Governor State Bank of Pakistan on SBP report on banks scam of extra US dollar rates being charged from the customers for the opening of LC’s. The Deputy Governor SBP said that State Bank gave a clean chit to the banks […]
ISLAMABAD -UNS: With the cheaper Russian oil expected to reach Pakistan in the first week of next month, the coalition government is expected to further slash the prices of petroleum products with effect from June 1, providing another relief to the poverty-stricken masses. The government is expected to announce the […]
LONDON-UNS : Anti-corruption watchdog, Spotlight on Corruption, has called on the United Kingdom’s National Crime Agency (NCA) to make a public statement about its 2019 out-of-court settlement with property tycoon Malik Riaz Hussain, saying that it is concerned the settlement is “now at the heart of political turmoil and allegations […]
BEIJING -UNS/AFP: China’s first domestically produced passenger jet made its maiden commercial flight on Sunday, a milestone event in the nation’s decades-long effort to compete with Western rivals in the air. Beijing hopes the C919 commercial jetliner will challenge foreign models like the Boeing 737 MAX and the Airbus A320, […]
Anwar Iqbal WASHINGTON: Pakistan is believed to have asked the United States to allow it to build a pipeline for buying gas from Iran or help it pay an expected $18 billion penalty it would face if it did not complete the project by March 2024. Diplomatic sources told Dawn […]
ISLAMABAD -UNS: Pakistan has decided to suspend cryptocurrency services available on the internet in the country to prevent illegal digital currency transactions as per the guidelines of the global anti-terror financing watchdog, the federal government said on Wednesday. Adhering to the directives, the State Bank of Pakistan (SBP) and the […]