Bluesky sees user surge as discontent grows with Elon Musk’s X  

Platform aims for a friendlier space and interoperability beyond social networking  

FDI in Pakistan rises 32.3% to $904.3 million in first four months of FY25  

China leads foreign investment as power sector attracts major inflows  

Tata seals deal with Pegatron for third iPhone plant in India, report

Tata, which already operates an iPhone assembly plant in Karnataka and is building another in Hosur, is set to help India contribute an estimated 20-25% of total iPhone shipments this year

Pakistan’s REER rises to 100.86 in October, signaling export competitiveness concerns  

State Bank reports 2.25% monthly appreciation in REER; NEER shows marginal monthly gain  

AGPR to revamp tax adjustment system for salaried individuals, pensioners

New SAP module updates aim to streamline tax credits and reduce refund delays

Pakistan’s IT exports surge 39% YoY to reach $330mn in October

13th consecutive month of YoY growth pushes IT export tally to $1.21bn in four months

Senior bureaucrats, police officials allotted prized plots in Islamabad at decades-old rates  

National Police Foundation grants E-11 plots at outdated prices, sparking controversy over fairness and policy adherence  

Govt seeks World Bank approval to extend $200m Punjab Human Capital Project  

COVID-related delays and 2022 floods prompt restructuring of project to improve health, education, and social inclusion  

Pakistan posts $349mn current account surplus in October

Third consecutive monthly surplus driven by robust remittances and export growth  

Foreign exchange rates in Pakistan for today, November 18, 2024

The Exchange Rates Committee of the Financial Markets Association of Pakistan issued the following Exchange rates bulletin on Monday.

Gold price in Pakistan for today, November 18, 2024

Gold prices in Pakistan fluctuate frequently based on international market trends. The rates listed are provided by local gold markets and Sarafa...

First direct cargo ship from Pakistan unloaded at Bangladesh’s Chittagong port

Direct shipping route between Pakistan and Bangladesh is a “major step” towards enhancing regional trade, says Pakistan’s envoy to Dhaka

Pakistan needs $390bn investment for low-carbon energy transition by 2050: ADB  

Major policy reforms and private sector engagement crucial to meet climate goals, says ADB report  

Finance minister vows equal tax contribution from real estate, agriculture, wholesale sectors

This is not a request; it is something we have to do, says Aurangzeb in his unscheduled television address

National gas transmission network at risk as pressure crosses danger mark 

Decline in the power sector’s consumption of imported RLNG results in elevated pressure  that could disrupt gas supply nationwide