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Wednesday, November 13, 2024

Twitter employees quit en masse after Elon Musk’s ultimatum

Hundreds of Twitter employees resigned Thursday ahead of Elon Musk's 5 p.m. ET deadline in which the social media company's new CEO demanded an "extremely hardcore" cultural reset with more work and longer hours.

LPG price increases by roughly Rs3/kg as winter approaches

Liquefied petroleum gas (LPG) prices have been increased by the Oil & Gas Regulatory Authority (OGRA) for November 2022.

Rupee continues to depreciate against US dollar

The Pakistani rupee depreciated against the US dollar for the third session in a row despite the SBP having received $1.5 billion from the Asian Development Bank.

Oil rises on strong crude demand, easing recession fears

Oil prices increase as optimism about record U.S. oil shipments and indications that recession fears are subsiding overcome worry about weak Chinese demand.

Ishaq Dar announces relief to the business community

Ishaq Dar announced that payments of LCs worth $50,000 will be processed this week in an effort to bring relief to the business community.

Pakistani females can help the country pay its foreign debt

Muzammil Aslam shared a unique solution for Pakistan to repay its foreign debt by selling the gold possessed by females and goldsmiths.

Why is Miftah receiving criticism from his own PML-N party?

Former Minister for Finance Miftah Ismail faces continuous within party criticism on actions taken by him during his stay at office.

Exports fell by 4pc in September 2022- AHL

Trade deficit has remained a persistent problem of the consumption-driven economy of Pakistan. According to Arif Habib Limited, trade deficit of the country stood...

NTDC faces hefty fine from NEPRA

NEPRA fined National Transmission and Despatch Company (NTDC) Rs10 million for a power outage in September 2021.

Miftah got slammed by Dar for calling his decision “reckless”

Ishaq Dar defended his decision to cut fuel prices, reversing a policy of rising prices monthly while Miftah called it "reckless."

SNGPL plans to cope with expected gas shortfall in winter

The gas distribution company, SNGPL stated on Monday that it will supply 100,000 LPG cylinders in anticipation of a gas scarcity this winter.

Ishaq Dar receives criticism by forerunners of the office

Miftah Ismail considered the decision of Ishaq Dar to reduce petroleum development levy (PDL) this month as “reckless”, without IMF's consent.