The Islamic banking industry (IBI) continues its momentum in its acceptability and penetration, reflecting tremendous growth in asset value and… Read More
Pakistan Spending Less Than 2% of its GDP on Education
The Senate Functional Committee on Devolution was informed that current spending for education is only 1.77 percent of the total… Read More
Retail Transactions in Pakistan Increase by 4.2% to Rs. 134 Trillion in Q1 FY24
Retail transactions in Pakistan surged by 4.2 percent in volume and 22.4 percent in value during the quarter that ended… Read More
UK Announces Bad News for International Students
The recent implementation of the UK government’s new regulations, barring most international students from bringing their families to the country,… Read More
UK Announces Good News for Foreigners Who Want to Work on Visit Visa
In a move geared towards enhancing business and tourism, the United Kingdom is poised to implement significant modifications to its… Read More
Pakistan’s Headline Inflation Clocks in at 29.7% in December 2023
The Consumer Price Index (CPI) based inflation increased to 29.7 percent on a year-on-year basis in December 2023 as compared… Read More
Govt Suspends Licenses of Car Manufacturers in Pakistan
The federal government has suspended the temporary licenses granted to car manufacturers following the expiration of relief measures provided on… Read More
Load Shedding Schedule Announced for Islamabad
Islamabad Electric Supply Company (IESCO) has declared the initiation of load shedding throughout the city on Monday, citing low demand… Read More
KSE-100 Posts 2nd Highest Single-Day Gain in History on First Day of 2024
Pakistan Stock Exchange (PSX) started the new year with a bang after the benchmark KSE-100 index recorded its second-highest single-day… Read More
UK Ends Visa Requirements for 7 Muslim Countries
The United Kingdom has unveiled significant revisions to its visa policies with the goal of facilitating more accessible entry for… Read More
Gold Price in Pakistan Drops on Opening Day of 2024
The price of gold in Pakistan fell on the opening day of 2024 to settle at Rs. 219,700 per tola.… Read More
Power Distribution Companies to Pay Turnover Tax
The power distribution companies (DISCOs) would now have to pay “turnover tax” on the federal government’s subsidy of billions granted… Read More
