Business
Business
Pakistan’s Alarming Spike in Bank Borrowings Signals Fiscal Concerns
The government of Pakistan has exhibited a worrying trend in its reliance on bank borrowings, with recent data indicating a…
Oil Prices Dip Over 1% Amid Saudi Price Cuts and Rising OPEC Output
Oil prices experienced a decline, with Brent crude and U.S. West Texas Intermediate crude futures falling by more than 1%.…
Pakistan Welcomes Satellite Communication Giants Post National Space Policy Approval
International satellite communication entities like Starlink and Web1 will enter Pakistan following the approval of the National Space Policy, which…
Pakistan’s Debt Soars to Rs 63,399 Trillion Amid Political Turmoil
Pakistan's total debt has reached a staggering Rs 63,399 trillion by the end of November in the fiscal year 2023-24…
Carrefour Halts Sales of PepsiCo Products in Europe
Carrefour, one of Europe's largest supermarket chains, has announced that it will stop selling popular PepsiCo products like Pepsi, Lay’s…
FBR Exposes Rs 16 Billion Solar Panel Import Scandal in Islamabad
The Federal Bureau of Revenue (FBR) in Islamabad has unveiled a significant financial scandal involving solar panel imports amounting to…
BYD Surpasses Tesla as Global EV Leader in 2024, Tesla Drops from Top Position
The electric vehicle (EV) market witnessed a pivotal change at the outset of 2024, as China's BYD dethroned Elon Musk's…
PSX Opens 2024 with Strong Surge, KSE-100 Index Soars to 62000 points
The Pakistan Stock Exchange (PSX) began the new year with notable optimism as trading opened in the green zone. The…
Eurostar Cancels All London-Europe Trains
The international rail operator Eurostar announced the cancellation of all train services connecting London with the European mainland on Saturday,…