Business

SBP chief says Pakistan will bridge $4bn financing gap soon

Islamabad: State Bank of Pakistan (SBP) acting Governor Dr Murtaza Syed in an interview has assured that Pakistan will bridge an external financing gap of $ 4 billion soon and that economy is “not close to recession mode”. Dr Syed said Pa...

Disadvantages: Job vs Business

Most people have a dream of doing business and handling all his or her employees by sitting in the personal chamber. Others want to do a job, they have a passion for doing the job and wants to enjoy their personal time after the working hours. If we...

Power company land issues to resolve soon: CM Murad

KARACHI: Sindh Chief Minister Murad Ali Shah said that Thar Coal Block-I affected people (PAPs) would be settled properly by establishing their colonies to be equipped with all facilities. “Shanghai Group working in Block-I should expedite cons...

Rupee gains 0.53paisas versus dollar

KARACHI: Rupee made a modest recovery against dollar in interbank market after Finance Ministry and State Bank of Pakistan (SBP) gave a roadmap for ongoing fiscal year to overcome economic crisis facing country. Rupee registered a minor gain of 0.53...

Inflation in July hits 14-year high of 24.9pc

ISLAMABAD: According to PBS, inflation rate has reached a record high of 24.9 percent in July 2022, compared to 8.4 percent in July 2021. Inflation in July reached a 14-year high as rate of inflation in country reached 24.9 percent. Within a month, p...

Imran has introduced abusive language in politics: Dharejo

KARACHI: Sindh Minister for Industries and Commerce and Cooperative Department Jam Ikramullah Dharejo talking to media in Sindh Assembly Building said that incompetent government of Pakistan Tehreek-e-Insaf had destroyed economy of country during its...

Pakistan will not default, assures Miftah

ISLAMABAD: Finance Minister Miftah Ismail said that Pakistan is out of default risk and government increased petroleum prices under International Monetary Fund (IMF) programme.In an interview with Bloomberg, Miftah said that Pakistan reduced its impo...

President KATI discusses issues with CM Special Assistant Waqar Mehdi

KARACHI: President of Korangi Association of Trade and Industry (KATI) Salman Aslam met Special Assistant to Chief Minister and General Secretary of Pakistan Peoples’ Party Sindh Waqar Mehdi. Two leaders discussed emergency in Korangi industria...

Chazbiz app to be a ‘game-changer’ in future

Chazbiz was designed and engineered in UK by a tech Consultant Ishaq Vaez (Pakistani national) who assembled a team together, after years of analysis and research to create this much needed secure concept of communication. Key features include secure...

NC Big Stories

Pakistan will respond with full force to any Indian misadventure

ISLAMABAD: Prime Minister (PM) Shehbaz Sharif yesterday held a telephone conversation with the United Nations (UN) Secretary General Antonio Guterres and discussed recent developments in South Asia. "During the telephone call, the prime minister affi...

Security Forces kill at least three terrorists in Turbat IBO

TURBAT: At least three terrorists were killed during an intelligence-based operation (IBO) by security forces in the Turbat area of Balochistan, the military's media affairs wing said yesterday. According to the Inter-Services Public Relations (ISPR)...

Indian Army in 'crisis, chaos' as northern command chief dismissed

KARACHI: The Indian Army is facing a deep internal crisis following the controversial Pahalgam incident, which has been labelled a "failed false flag operation" by insiders. In what appears to be a panicked move, the Modi government has dismissed the...

Pakistan set to become next major tech destination: PM

ISLAMABAD: Prime Minister Shehbaz Sharif yesterday reaffirmed Pakistan's commitment to becoming the next major tech destination in light of $700 million pledged in foreign investment in the IT sector at the Digital Foreign Direct Investment (DFDI) co...
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