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Budget Deficit Skyrockets Over 50% in Pakistan Amid Economic Strain
Pakistan's budget deficit has expanded by over 50% due to a surge in interest payments, which reached Rs4.2 trillion in…
Pakistan’s First Online and Physical Gold Trading Company Begins Operations
Pakistan will witness the inauguration of its first official online and physical gold trading company. This initiative is expected to…
SBP to Replace Currency Notes in 2024 for Enhanced Security
In February 2024, the State Bank of Pakistan (SBP) will start replacing most current currency notes to reduce corruption and…
IKEA Rolls Back Prices Worldwide, Targets Pre-Pandemic Levels
IKEA is lowering prices on select products in various countries, reversing 2022 hikes. This decision follows reduced costs and declining…
Major Relief for Consumers as LPG Prices Drop Rs. 20/KG
Consumers have received good news: The price of Liquified Petroleum Gas (LPG) has dropped by Rs 20 per kilogram. This…
SBP Holds Interest Rate Steady at 22%, Foresees Economic Stability
The State Bank of Pakistan (SBP) has decided to maintain its interest rate at 22%. SBP Governor Jameel Ahmad announced…
PSX Plunges Over 700 Points Amid Market Uncertainties
The Pakistan Stock Exchange (PSX) witnessed a significant downturn on Monday, with the benchmark KSE-100 index losing over 700 points…
FBR and FMU Join Forces for Effective Tax Evasion Combat Strategies
Malik Amjed Zubair Tiwana, Chairman of the Federal Board of Revenue (FBR), emphasized the importance of ongoing collaboration between FBR…
Microsoft Layoffs 2024: 1,900 Employees Cut from Activision Blizzard and Xbox
Microsoft has initiated layoffs, impacting 1,900 employees across Activision Blizzard and Xbox this week. This move is part of broader…