Aurangzeb says Pakistan plans to increase revenue to 1.5 percent of GDP in fiscal year 2025 and 3 percent in the next three years. On Monday, Finance Minister Muhammad Aurangzeb updated representatives of Fitch Ratings on Pakistan’s recent Staff Level Agreement (SLA) with the International Monetary Fund (IMF) and outlined various measures to boost the…
Elon Musk, CEO of SpaceX and owner of X, said on Tuesday that he will move the headquarters of both companies from California to Texas. Musk vowed to make the move in response to Gov. Gavin Newsom’s (D-Calif.) signing of a new law that would bar school districts in the state from requiring parents to…
A social media post showing two flight attendants wearing the pins drew criticism and prompted Delta to say that only American flag pins would be allowed. Two Delta Air Lines flight attendants were seen wearing pins depicting the Palestinian flag in a social media post that sparked an online uproar, a bullying response from a…
The tax-heavy budget for the upcoming fiscal year, approved by Parliament on Friday, will make life more difficult for ordinary Pakistanis and deepen the trust deficit between the rulers and the ruled as it imposes an array of additional taxes. which will directly affect lower prices. For middle income households. The government has sought to…
Here’s what you need to know. The sale is moving forward with plans, and the latest reports claim that Karachi Airport was secretly sold. Unconfirmed posts online suggested that Jinnah International Airport Karachi has been secretly sold for $1.8 billion. These unverified posts evoked various responses on social media. As the rumors gained momentum, a…
Umrah pilgrims traveling to Madinah from Pakistan will benefit from discounted fares till July 15. Pakistan International Airlines (PIA) has announced a reduction in the fares of Umrah flight tickets for minor pilgrims going to Madinah first. A PIA spokesperson said on Sunday that Umrah pilgrims traveling to Madinah from Pakistan will benefit from discounted…
New petrol prices are expected to increase massively from July 1 in Pakistan. Reports say that the federal government will increase the price of petrol by Rs 7.54 per liter and high-speed diesel by Rs 9.84 per liter in the first 15 days of July. If the government increases the petroleum levy by Rs 5…
All companies that are in the Gwadar Free Zone are permitted to conduct their business transactions in the Tariff Area (Pakistan`s markets and industries operating outside the jurisdiction of the Gwadar Free Zone) in Pakistani currency instead of US dollars, as per the federal It is a matter of government. The budget is listed in…
The recent bankruptcy of fintech company Synapse has unveiled significant financial irregularities, with a trustee revealing that $85 million of customer savings are missing. This development marks a dramatic turn in what has been described as a fintech meltdown, causing ripples throughout the industry and impacting multiple associated businesses and their customers. Synapse, a company…