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PKR 30 bn taxes to be imposed to save Pakistan State Oil from default: Rep
Updated : 3 years, 12 months ago IST
Islamabad [Pakistan], August 1 (ANI): Pakistan has decided to impose additional taxes totalling Pakistan Rs (PKR) 30 billion as it struggles to arrange PRK 100bn in emergency funds to prevent an international default on oil and gas payments and sustain its staff-level agreement with the Inte
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Russian company transfers money to complete Akkuyu nuclear power plant in
Updated : 3 years, 12 months ago IST
Nicosia [Cyprus], August 1 (ANI): In an effort to show the world that Moscow can do business as usual and execute projects agreed upon with other countries, despite US and EU sanctions, the Russian nuclear company Rosatom decided to transfer USD15 billion to Turkey for the construction of t
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China was uncomfortable with Pakistan under Imran Khan: Reports
Updated : 3 years, 12 months ago IST
Islamabad [Pakistan], July 31 (ANI): Months after Pakistan Tehreek-e-Insaf chief Imran Khan was ousted as Prime Minister, Islamabad's Foreign Office received a diplomatic cable from China, stating that they have offered to extend USD 2.3 billion at a much-reduced interest rate which suggests
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Misplaced Priorities?: Pakistan reluctant to reap sugar export benefits, l
Updated : 3 years, 12 months ago IST
Islamabad [Pakistan], July 30 (ANI): Even if Pakistan has huge surplus sugar stock, yet, the government in a strange move, has retained the ban on sugar exports which has a potential to inject over USD 1 billion into the national exchequer, media reports said.
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Pak court summons PM Shehbaz Sharif, his son Hamza on Sept 7 in money laun
Updated : 3 years, 12 months ago IST
Islamabad [Pakistan], July 30 (ANI): Pakistan Prime Minister Shehbaz Sharif and his son Hamza Shehbaz have been summoned by a Lahore-based special court on September 7 in connection with PKR 16 billion money laundering case against them.
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Forex reserves fall for 4th straight week; dip by $1.15 billion
Updated : 3 years, 12 months ago IST
Mumbai (Maharashtra) [India], July 30 (ANI): Extending the loss to the fourth straight week India's foreign exchange (forex) reserves fell by $1.152 billion to $571.56 billion for the week ended July 22, the lowest level in more than 20 months, the Reserve Bank of India data showed.
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Northrop Grumman wins USD 3.2 billion deal to build Next-Gen missile inter
Updated : 3 years, 12 months ago IST
Washington [US], July 30 (ANI/Sputnik): Northrop Grumman has won a more than USD 3.2 billion contract to design, manufacture and deliver the next-generation Ground-Based Midcourse Interceptor for the US Missile Defense Agency, the Defense Department announced.
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Asia's richest woman lost half her wealth in China's property crunch
Updated : 3 years, 12 months ago IST
Beijing [China], July 29 (ANI): As China's property crisis escalates, Asia's wealthiest woman has seen her wealth fall to USD 11 billion from nearly USD 24 billion this year, a media report said.
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Pakistan's current account deficit surges to USD 17.4 billion
Updated : 3 years, 12 months ago IST
Islamabad [Pakistan], July 29 (ANI): In spite of multiple actions taken by Pakistan, its current account deficit has surged to USD 17.4 billion or 4.6 pc the size of the economy during the last fiscal year on the rising trade deficit.
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LenDenClub introduces a Fixed Maturity Peer-to-Peer investment plan offeri
Updated : 3 years, 12 months ago IST
Mumbai (Maharashtra) [India], July 29 (ANI/NewsVoir): India's largest P2P Lending platform, LenDenClub, today introduced FMPP, i.e. 'Fixed Maturity Peer-to-Peer Plan' - a new-age, term-based P2P plan that enables investors with expected returns of 10-12 per cent p.a. for a minimum of Rs 10,0
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Biden may decide on China tariffs following call with Xi
Updated : 3 years, 12 months ago IST
Washington [US], July 28 (ANI): Expectation is building that US President Joe Biden may scrap some of the tariffs imposed on roughly USD 350 billion in Chinese imports following a highly-anticipated conversation with Chinese leader Xi Jinping on Thursday.
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India, Egypt target to boost bilateral trade to $12 billion in 5 years
Updated : 3 years, 12 months ago IST
New Delhi [India], July 28 (ANI): India and Egypt target to increase annual bilateral trade to $12 billion in the next five years from $7.26 billion recorded in the financial year ended March 2022, according to an official statement released on Thursday.
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