Business

Train fare between Rawalpindi and Lahore increased

Train fare between Rawalpindi and Lahore increased

The fares for trains running between Lahore and Rawalpindi have been increased. According to the spokesperson of Pakistan Railways, fares…
Iranian parliament approves currency redenomination

Iranian parliament approves currency redenomination

DUBAI: Iran has gained parliamentary approval for a monetary overhaul to remove four zeros from its national currency over the…
Oil prices jump 1.5pc after lower-than-expected OPEC+ output hike

Oil prices jump 1.5pc after lower-than-expected OPEC+ output hike

SINGAPORE: Oil prices rose around 1.5% on Monday after OPEC+ announced a more modest monthly increase in production than expected,…
Paris stocks drop as French PM resigns

Paris stocks drop as French PM resigns

Stock markets diverged Monday, with Paris dropping as France plunged further into political crisis after the prime minister’s resignation, while…
Provincial budget surplus target unachievable due to floods, IMF informed

Provincial budget surplus target unachievable due to floods, IMF informed

ISLAMABAD: The economic team of the federal government has informed the IMF that it will not be able to meet…
SBP injects over Rs9.99 trillion in the market

SBP injects over Rs9.99 trillion in the market

KARACHI: The State Bank of Pakistan (SBP), injected Rs9,995.35 billion through Reverse Repo Purchase and Shariah Compliant Mudarabah based Open…
FBR unearths mega tax-evasion scam at Karachi airport

FBR unearths mega tax-evasion scam at Karachi airport

ISLAMABAD: The Federal Board of Revenue (FBR) has uncovered a massive fraud at Jinnah International Airport (JIAP) in Karachi, where…
Weekly inflation up by 0.56pc in Pakistan

Weekly inflation up by 0.56pc in Pakistan

ISLAMABAD: The weekly inflation, measured by the Sensitive Price Indicator (SPI), recorded an increase of 0.56 percent for the combined…
CAA grounds private airline, suspends air operator certificate

CAA grounds private airline, suspends air operator certificate

KARACHI: The Civil Aviation Authority (CAA) has clipped the wings of a private airline by suspending its Air Operator Certificate…
Govt launches new pension rules — Check what’s changed

Govt launches new pension rules — Check what’s changed

The federal government has introduced a new contributory pension fund scheme to address the rapidly increasing pension burden, which has…
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