On Thursday, the government imposed a ban on the purchase of non-essential and luxury goods in an effort to slow the rupee’s devaluation, boost the economy, and reduce the country’s reliance on imports. During a news conference in Islamabad on Thursday, she declared that the country’s economy has been harmedRead More →

Sony Group Corp (6758.T), a Japanese conglomerate, said it is well-positioned to take a leading role in the metaverse, or immersive virtual worlds, which analysts predict would disrupt industries and create new powerhouses. The phrase “metaverse” refers to the assumption that people will spend more time in online virtual worlds.Read More →

The Pakistani rupee (PKR) has shed 1.61 rupees in early trade after enduring a hard patch amid worsening macroeconomic indicators. The ongoing rise in the value of the dollar against the Pakistani rupee has exacerbated the economic situation. Since the introduction of the new government, the interbank rate has increasedRead More →

Pakistan has recorded one fatality from new coronavirus in the last 24 hours, bringing the total number of positive cases to 1,529,558. On Thursday, the national death toll reached 30,379 people. According to the National Institute of Health (NIH), at least 89 people have tested positive for COVID-19 in theRead More →

Sheikh Rashid, the head of the Awami Muslim League Pakistan (AMLP), claimed on Wednesday that the Shehbaz Sharif-led administration cannot last long because they only have a one-vote majority. Former Interior Minister, speaking to the media, indicated that the administration is begging the institutions for a one-year guarantee. He wentRead More →

In Pakistan, the number of positive cases has risen to 1,529,469, with no deaths reported in the last 24 hours. The death toll in Pakistan reached 30,378 on Wednesday. At least 66 persons have tested positive for COVID-19 in the previous 24 hours, according to the National Institute of HealthRead More →