Bikulon sees vast scope in Pakistan’s pharma, textile sectors By: APP on March 25, 2024Head of Regional Development and Investment Attractive Department of National Investment Agency Kyrgyzstan Bikulon Damirbek said the pharmaceutical and textile sectors of Pakistan hold vast scope for bilateral trade with Kyrgyzstan, having a wide array of opportunities for economic cooperation between the two countries. He stated this while talking to a Pak trade delegation led […]
Govt committed to provide low-cost, affordable living opportunities: Pirzada By: APP on March 25, 2024Minister for Housing and Works Mian Riaz Hussain Pirzada has said that the government is committed to providing low-cost and affordable living opportunities to the poor and vulnerable segments of society. While chairing a meeting of the Federal Government Employees Housing Authority (FGEHA), he emphasized the importance of ensuring that plots are allocated strictly on […]
Investors greenlight Trump’s $5.7 billion social media deal By: Reuters on March 24, 2024Former U.S. President Donald Trump came a step closer on Friday to reaping a major windfall from his social media firm after investors in a blank-check acquisition company approved a merger currently worth about $5.7 billion. The deal values Trump’s majority stake in the company that holds his app Truth Social at about $3.3 billion. […]
With all the recent headlines about panels and tires falling off planes, is flying safe? By: AP on March 24, 2024It has been 15 years since the last fatal crash of a U.S. airliner, but you would never know that by reading about a torrent of flight problems in the last three months. There was a time when things like cracked windshields and minor engine problems didn’t turn up very often in the news. That […]
GDP growth rate below potential due to poor efforts to boost growth: APBF By: News Desk on March 24, 2024The All Pakistan Business Forum (APBF) has said that country’s GDP growth rate has always remained below its potential despite efforts to boost economic growth, as the development of important sectors and investment prospects was hampered by inadequate revenue collection, structural problems, and governance issues. The APBF President Syed Maaz Mahmood asked the government to […]
FPCCI appoints Shahida Parveen as Convener KPK Regional Committee By: APP on March 24, 2024The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has appointed Mrs Shahida Parveen as Convener FPCCI’s Women Khyber Pakhtunkhwa Regional Standing Committee on Women Empowerment & Development for the year 2024-2025. The committee would represent Women Chamber Of Commerce & Industry, Peshawar Division, according to press statement received here. Shahida Parveen, the Proprietor […]
Broadening US market rally gets boost from dovish Fed By: Reuters on March 24, 2024A reassuring economic outlook and dovish signals from the Federal Reserve are encouraging investors to look beyond the massive growth and technology stocks that have fueled the U.S. stock market´s gains over the past year. Though rallies in stocks such as Nvidia and Meta Platforms have been the market´s main individual drivers in 2024, the […]
Fiscal discipline of country to be driven under IMF direction now: FRIA By: News Desk on March 24, 2024The Ferozepur Road Industrial Association (FRIA) senior vice chairman Shahbaz Aslam has said that the economic and fiscal discipline of the country will be driven under the direction of IMF now, leaving little room for the government to make its way, which has not come up with any plan to fix the economy and provide […]
Fitch revises United Kingdom’s outlook to ‘stable’ on easing policy risks By: Reuters on March 24, 2024Global ratings agency Fitch revised the United Kingdom’s sovereign credit outlook to “stable” from “negative” on Friday, citing easing economic policy risks, and affirmed its sovereign credit rating at “AA-“. The outlook revision comes after Britain’s economy rebounded to growth in January from a shallow recession in the second half of 2023, driven by a […]
Gold rates dip by Rs.4,200 to Rs.228,200 per tola By: APP on March 23, 2024The per tola price of 24 karat gold witnessed a decrease of Rs.4,200 and was sold at Rs.228,200 on Friday compared to its sale at Rs.232,400 on last trading day. The price of 10 grams of 24 karat gold also decreased by Rs.3,600 to Rs.195,645 from Rs.199,245 whereas the price of 10 gram 22 karat […]