Prime Minister Muhammad Shehbaz Sharif paid a visit to the Diamer-Bhasha Dam construction site on Sunday. Given the national significance of the megaproject, the prime minister chose to pay a visit to the site despite the fact that Sunday is an official holiday. WAPDA Chairman retired Lt. General Muzammil HussainContinue Reading

Following more clarity on the country’s political environment, the Pakistani Rupee (PKR) exhibited a positive trend versus the US dollar, strengthening by Rs1.43 in the interbank market on Monday. When compared to the previous closing of Rs184.68, the dollar was valued at 183.25. The local unit ended its lengthy losingContinue Reading

On Monday, the price of 24 carat per tola gold fell by Rs 550 and was sold for Rs 131,350 on the local market, down from Rs 131,900 the day before. The price of 10 gramme 24 karat gold fell by Rs472 to Rs 112,611 from Rs 113,083, according toContinue Reading

WASHINGTON: If Russia cannot pay its foreign loans, the ramifications for the global financial system are likely to be “minimal,” according to a top official at the International Monetary Fund. In punishment for Russia’s invasion of Ukraine, the US and its allies put harsh financial sanctions on the country, butContinue Reading

BEIJING: The Chinese government has awarded Pakistan International Airlines (PIA) two new operating licences, for Guangzhou and Xian, in addition to Beijing. Passenger flights to and from these stations can now be scheduled by the national flag airline. Previously, PIA only had an operating licence for Beijing, but the CivilContinue Reading