Economy

Here is How Petrol Prices Are Calculated in Pakistan

As the prices of petroleum products are expected to jack up to a historic high, there is a lot of dismay among people over its devastating economic impact as it leads to an overall hike in inflation and commuting costs. However, there is a lack of info…

Economy

Pakistan’s Power Sector is Reducing Efficiency of Businesses: Report

Pakistani businesses are suffering heavily from the existing framework of the power sector, according to the report: “State-Owned Electricity Distribution Companies — A 5-year Performance Review” published by Prime Institute.As per the report, even sur…

Economy

Finance Advisor Provides Important Update on Pakistan’s Talks with IMF

Advisor to the Prime Minister on Finance, Shaukat Tarin, informed that the matters with IMF have been settled and a formal agreement would be reached within a couple of days to revive the 6 billion USD Extended Fund Facility (EFF).He was talking to the…

Economy

Shell Pakistan Appoints Waqar Siddiqui as New CEO & MD

Waqar Siddiqui has been appointed as the Chief Executive and Managing Director of Shell Pakistan Limited, with effect from 1 November 2021.He joined Shell Pakistan Limited (SPL) in 2001, and has since held several roles locally and internationally at s…

Economy

Pakistan’s Currency in Circulation Soars Above Rs. 7 Trillion

The currency in circulation (CIC) has increased to over Rs. 7 trillion in Pakistan, representing the growth in the size of the economy and the traditional use of cash among the citizens as money.According to the State Bank of Pakistan (SBP), the curren…

Sports

#BanIPL Trends as Fans Blame IPL for India’s Horror Show in World Cup

India’s hopes for qualifying for the semi-finals of the 2021 T20 World Cup hang by a thread as they suffered their second consecutive loss in the tournament. Having previously lost to arch-rivals Pakistan by 10 wickets, India put on another torrid show…