Business
Business
Pakistan’s Auto Industry Declines by 55% in 2023
Pakistan's automobile industry faced significant challenges throughout 2023, marked by a sharp decline in car sales and production. Sales plummeted…
Apple Gains Legal Breather in Smartwatch Patent Dispute with Masimo
Apple Inc. has won a legal reprieve as the U.S. Court of Appeals for the Federal Circuit temporarily suspended an…
U.S. Bans Imports of Apple Watch Models Following Masimo Patent Dispute
TThe U.S. International Trade Commission (ITC) has banned importing certain models of Apple's Apple Watches into the United States. This…
Pakistan Stock Market Drop to 60000 in Early Trading
In the early hours of Tuesday's intra-day trading, the Pakistan Stock Market (PSX) saw a notable downturn, with its points…
Pakistan’s Textile Industry Struggles with High Energy Costs
Pakistan's textile industry, a crucial export sector, is currently grappling with high energy costs and a weakening currency, affecting its…
Nigeria’s Central Bank Reinstates Cryptocurrency Transactions
The Central Bank of Nigeria (CBN) has announced lifting its ban on cryptocurrency transactions, acknowledging the need to regulate activities…
Weekly Inflation in Pakistan Shows a Slight Decline
The Sensitive Price Indicator (SPI) reported a slight decrease of 0.51% in weekly inflation for combined consumption groups as of…
India’s Onion Export Ban Triggers Price Surge Across Asian Markets
India's recent decision to ban onion exports has impacted prices across Asian countries, causing buyers to seek alternative sources. The…
Discos Propose Rs 4.66 Per Unit Price Hike for January 2024
Pakistan's power distribution companies (Discos), excluding K-Electric, are proposing a significant increase in electricity charges for January 2024. Discos have…