The federal cabinet has decided to bring down the prices of naan and roti to their previous rates throughout the country. Special Assistant to the Prime Minister on Information Dr. Firdous Awan made the announcement in a press conference following a cabinet meeting. "Prime Minister Imran Khan has taken a stern notice of increasing prices of naan," she said.
According to a new report submitted to the Economic and Social Council of the United Nations, Pakistan is seeking compensation for its low carbon footprint to meet the estimated $10.7 billion per year needed for climate adaptation. The country is only thirty-first in terms of global emitters but is the seventh most affected by the fallout of climate change.
Starting from next year, Pakistan may experience a significant cut in the aid given to it by the United Kingdom. The speculation comes amid the changing global political situation, including Brexit, and Daily Mail’s recent report which accused Pakistan Muslim League-Nawaz (PML-N) President Shehbaz Sharif of embezzling funds given to Pakistan for the rehabilitation of earthquake victims.
LONDON: Virgin Atlantic said on Wednesday it is hoping to add over 80 new routes to its network after a third runway is built at London’s Heathrow Airport to challenge British Airways owner IAG’s dominance at the airport. Heathrow’s expansion is due for completion in 2026 after lawmakers voted strongly in favor of the third runway in June 2018, although environmentalists and local groups are challenging the plans in court.
THE first big test of the PTI government and its budget could shape up today as traders bodies from around the country have issued a nationwide strike call. Groups have rallied hard around the strike call for many days now in protest against the taxes imposed by the federal government in budget 2019-20.
Pakistan-based logistics company, Cheetay has currently raised $7.8 million in a Series A round from the US-based investors bringing the total raised investment of the company to $11.5 million. Founded by Ahmed Khan, former CEO of Daraz, the company provides services in delivering food, groceries, parcels and medicines while it wants to expand its geographic outreach using the funds and invest in the development of the industry-leading logistics technology and algorithms.
The collapse of British travel operator Thomas Cook has left hundreds of thousands of holidaymakers abroad and forced governments and insurers to coordinate a huge operation to get them home. The company ran hotels, resorts, and airlines ferrying 19 million people a year to 16 different countries.
KARACHI: Gold prices fell by Rs1,200 to Rs86,600 per tola in the local market on Saturday, ARY News reported. According to details, the per tola rate of the precious yellow metal dipped to Rs86,600 from Rs87,700. The price of 10 grams of gold fell by Rs1,028 to Rs74,245.
The automotive industry fears that amid declining auto sales, the sector is likely to lose at least 10-15 per cent of the direct jobs over the next few months. Warning of tough times ahead, stake holders have said that rising auto prices on the back of steep currency depreciation as well as new taxation have affected overall sales.
Consumers are likely to face a hike of up to 10% in prices of petroleum products for August, 2019 following fluctuations in global crude prices. The Oil and Gas Regulatory Authority (Ogra) recommended the federal government to increase prices of petroleum products up to 10% for the month of August after taking into consideration movement in crude oil prices in the international market.