LAHORE (APP) – Pakistan Railways has declared that, starting on Friday, July 19, all trains will have higher fares. A press release distributed on Thursday announced a one percent fare hike for all postal, express, intercity, and passenger trains, including those that use contracted services. The justification for this modificationContinue Reading
ISLAMABAD – Petroleum prices are expected to fall beginning tomorrow (October 1), since the Pakistani rupee has recovered significantly versus the US dollar. According to sources, petroleum prices have been trending downward on the international market, and it is hoped that the government would lower the costs to bring aContinue Reading
LONDON Reuters: After last week’s gains, the dollar climbed against the yen to an almost 11-month high on Monday, keeping traders’ attention on the chances of a Japanese intervention. After the BOJ maintained ultra-low interest rates and Governor Kazuo Ueda emphasized the need to take more time analyzing data beforeContinue Reading
KARACHI: The management of Pakistan International Airlines (PIA) has chosen to pursue legal action against the workers who are protesting the national flag carrier’s privatization and asking for pay increases. ARY News was informed by sources that the PIA administration had finished its legal due diligence before acting against workersContinue Reading
ISLAMABAD – Protests over high power rates are taking place in major cities and towns across the country, including Karachi, Lahore, and Peshawar. Heavy bills and levies have pushed people to go to the streets following a significant hike in power costs across the country.Businessmen are protesting against the highContinue Reading
COLOMBO (Reuters) – Consumer price inflation in Sri Lanka fell to 4.6 percent year on year in July from 10.8 percent in June, thanks to lower food costs, according to the statistics department on Monday. Every month, the National Consumer Price Index (NCPI) reflects broader retail price inflation and isContinue Reading
( Web Desk) – The Cayman Islands Grand Court has granted partial relief to Infrastructure and Growth Capital Fund SPV21 (IGCF), but has also allowed the Pakistan Proceedings to continue with the Government of Pakistan via the Privatization Commission and Power Division Secretaries, NEPRA and SECP in the battle forContinue Reading
ISLAMABAD, (Web Desk) – Azal, Azerbaijan’s national airline, will begin regular flights to Pakistan on September 20. According to media sources, the flights to Islamabad, Lahore, and Karachi would be conducted by the Azerbaijan Embassy. According to the spokeswoman, the Azal service was established to develop relations between Azerbaijan andContinue Reading
SINGAPORE, April 16 (Reuters) – In a case involving over S$1 billion ($737 million) in cash, houses, luxury automobiles, and other assets, Singapore police detained ten foreigners for alleged money laundering and forgeries. The police launched simultaneous raids around the city-state on Tuesday to apprehend the individuals, according to aContinue Reading
As the PC market slump began to ease, chipmaker Intel (INTC.O) on Thursday reported a surprise quarterly profit and anticipated third-quarter earnings beyond Wall Street projections, sending its shares up almost 6%. Due to consumers having already purchased the computers they required for the pandemic, the personal computer market hasContinue Reading