Business

  By Rafay Niazi                                            The IMF’s executive board on Wednesday approved the $US3 billion stand-by agreement for Pakistan to help overcome its current financial challenges. Prime Minister Shehbaz Sharif …

KARACHI: Pakistan International Airlines (PIA) has received a warning letter from the Riyadh airports authority for the clearance of dues The Riyadh airports authority wrote a letter to the PIA administration to clear six-month dues by July 15. The authority stated in its letter that Pakistan International Airlines has not …

ISLAMABAD: PML-N leaders in a meeting in Dubai consulted over the election political strategy, citing sources The session chaired by party leader Nawaz Sharif discussed political and legal matters. He entrusted tasks related to the party and election to Maryam Nawaz and directed for constitution of a committee for the …

LAHORE: Federal Investigation Agency (FIA) on Wednesday arrested former Punjab chief minister and Pakistan Tehreek-e-Insaf president Chaudhry Pervaiz Elahi in a money laundering case. On Tuesday, Federal Investigation Agency (FIA) anti-money laundering circle booked Pervaiz Elahi and his son Moonis Elahi over money laundering charges minutes after his bail was …

ISLAMABAD: Russia’s Energy Minister Nikolai Shulginov has ruled out any sort of ‘special discount’ for Pakistan on oil purchase, saying that “it is the same as for other buyers” “Oil deliveries to Pakistan have begun. There is no special discount; for Pakistan, it is the same as for other buyers,” …

Federal Board of Revenue (FBR) Chairman Asim ahmad has said that Rs200 billion additional taxes were imposed in the budget 2023-24, Finance Minister Ishaq Dar unveiled the federal budget 2023-24 today with a total outlay of Rs14,460 billion. The FBR chairman confirmed that direct taxes worth Rs175 billion and Rs25 …

ISLAMABAD: Prime Minister Shehbaz Sharif has said that the government is very hopeful of finalising a deal with the International Monetary Fund (IMF) this month. PM Shehbaz Sharif said that his government had been able to navigate the challenges faced by Pakistan in the best possible fashion with the help …

—Reuters Amid a flurry of criticism from US officials over the short-video sharing app TikTok, a US state has voted to ban the Chinese-owned social media app, citing threats to security. According to CBS, Montana became the first state Friday to pass a bill banning TikTok from operating in the …

The increase in the duration of Reels would allow content creators to express their most authentic selves, said Instagram in a blog post on Friday. The company said that the creators will have more time to share more about themselves, film extra behind-the-scenes clips, dig deeper into the nuances of …

ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation increased by 2 per cent during the week ended on June 3, according to data shared by the Pakistan Bureau of Statistics (PBS) on Friday. The SPI for the week under review in the above-mentioned group was recorded at 20.04 per …