Agriauto Industries Limited announced on Monday that it will be observing a partial shutdown during the ongoing month.In a notice to Pakistan Stock Exchange (PSX), the company said that due to a reduction in production volumes of its major customers, …

Irfan Ali, a 22-year-old resident of Rawalpindi, has been struggling to make ends meet over the past year.Pakistan’s grave economic crisis has resulted in massive layoffs during this period and Ali, who was working for a real estate firm, also lost hi…

SAARC Chamber of Commerce and Industry former President Iftikhar Ali Malik says much needed International Monetary Fund (IMF) bail-out package will help implement structural reforms in the country.In a statement in Islamabad today, he congratulated Pr…

In a surprising turn of events, Jack Ma, co-founder of Chinese tech giant Alibaba, made an unannounced visit to Pakistan on Thursday, as revealed by Azfar Ahsan, former Minister of State and Chairman Board of Investment and Founder Nutshell Group, thr…

Minister of State for Petroleum, Dr. Musadik Malik, said on Wednesday that the government had introduced a new policy of a ‘bonded warehouse’ to eliminate the problem of dry outs in the petroleum sector.Under this policy, he explained that foreign comp…

Zindigi, powered by JS Bank, is pleased to announce yet another achievement of being recognized as the Best Startup of the Year at the esteemed Pakistan Digital Award 2023.This recognition comes as Zindigi continues to demonstrate commendable growth i…

The number of cellular subscribers, broadband penetration as well as teledensity declined in Pakistan for the second consecutive month in May 2023, the Pakistan Telecommunication Authority (PTA) data revealed.The number of cellular subscribers in Paki…

Pakistan International Airlines (PIA) has chosen to increase its pilots’ flying allowance by 35 percent. To qualify for this raise, pilots must have flown for at least 50 hours with a minimum of 10 years of service.The announcement specifies that pilo…

Special Assistant to Prime Minister on Poverty Alleviation Faisal Karim Kundi has said the economic stability is vital to tackle other challenges in the country.Talking to a private news channel, he said the PPP’s main motto is to conduct elections at…

The amended Finance Bill 2023 has increased income tax on the income of individuals and association of persons (AOPs).The revised slabs for the individuals/AOPs revealed that where taxable income exceeds Rs. 600,000 but does not exceed Rs. 800,000, th…