Japan and Pakistan sign $370 debt relief pacts
The government of Pakistan and the government of Japan have signed debt suspension agreements worth $367 million under the G-20 Debt Service Suspension Initiative...
Cabinet ponders over splitting PIA into two firms
In an attempt to address the finance woes faced by the national carrier, the federal cabinet on Tuesday discussed dividing the organization into two...
Rich US companies who failed to save US pledge to help India
Top 40 US companies have created a task force to help India in battling COVID-19 crisis. This is a first of its kind country...
Pakistan can get the dangerous Indian COVID situation
The new Indian COVID variant can be as disastrous for Pakistan as it has been for India. According to reports, COVID19 new mutation is...
HBL doubles its pretax profits and increases its international footprint
Habib Bank Ltd, Pakistan's largest private bank has in the first quarter of 2021 doubled its pretax profits, expanded its international footprint by a second branch in Beijing, boosted its Islamic Banking operations and has doubled its mobile and internet banking - according to HBL's press release on 20th April.
Xinjiang is beautiful & calm unlike what the West portrays
Although the western media portrays China's Xinjiang as being the victim of autocratic policies, the reality is different; it is a politically, economically and...
Pakistan’s car financing reaches all-time high of Rs285 billion
The increase in demand is hugely attributed to a stark decrease in the cost of borrowing as the government slashes the interest rate to 7 percent from 13.5 percent last year.
Key Takeaways from the State Bank Amendment Bill 2021
In a bill believed to have been brought under IMF pressure to release, the federal government has agreed to give autonomy to the State Bank of Pakistan (SBP). This will free it from its current dual objectives of supporting economic growth and price stability, and other responsibilities. The bill has not been made public but on basis of what is being discussed in the media and other places, we look at some key points mentioned.
London mayor wishes to host IPL matches in his city
London Mayor Sadiq Khan wants to see Virat Kohli, Rohit Sharma and MS Dhoni playing Indian Premier League games in the capital; Khan says, 'there are big, big cricket fans who are desperate to see IPL in London. Indians love London, London loves India, it's what I call a win-win'
Tesla and Toyota might be forming a budding partnership
According to an official from the Japanese automotive industry, Toyota and Tesla have been reviewing the partnership since last year and are approaching the final stage.
ECC green signals the import of 500,000 tonnes of white sugar from India
According to sources, a summary for approval to import cotton from India was presented during the meeting. A summary of sugar imports from India was also submitted for approval. Government to start importing cotton from June
Decision on cotton and sugar import from India rests with ECC
According to sources, a summary for approval to import cotton from India will be presented during the meeting. A summary of sugar imports from India will also be submitted for approval as well