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Global Unemployment Rate Expected to Drop to 4.9% in 2024, Says ILO
The International Labor Organization (ILO) expected global unemployment to fall slightly to 4.9% this year from 5.0% in 2023, despite…
Petrol and Diesel Prices Expected to Drop by Rs6.50 to Rs7.50 per Litre on May 31
Due to a bearish trend in the international market, petrol and high-speed diesel (HSD) prices are expected to decrease by…
Government Plans Salary Increase and Pension Reforms in 2024-25 Budget
The government is considering a 10 to 15% salary increase for public sector employees in the 2024-25 budget. To secure…
PTA Clarifies: No Decision to Remove Taxes on Imported Mobile Phones
The Pakistan Telecommunication Authority (PTA) has clarified that no official decision has been made to remove taxes on imported mobile…
Government to Revoke Tax Concessions for High-Earners, IMF Advises Reforms
According to the government, there are plans to revoke tax concessions favouring high-earners over the middle class. The IMF advised…
Pakistan’s Gas System at Risk as Line Pack Pressure Surges to Dangerous Levels
Pakistan's gas transmission and distribution system is at risk due to increasing line pack pressure, which surged to a dangerous…
Toyota Yaris Facelift Launched with Significant Price Hike by IMC
Indus Motor Company (IMC) has launched the Toyota Yaris facelift model, with a price increase of Rs144,000 to Rs606,000. In…
Google to Invest $350 Million in Flipkart, Valuation Hits $37 Billion
Google plans to invest $350 million in Flipkart, securing a minority stake and valuing the Indian e-commerce giant at $37…
Federal Government Ends Gas Subsidy for Fertilizer Factories
The federal government has officially approved the termination of the gas subsidy for fertilizer factories, a move to reform financial…