Former finance minister and economist Miftah Ismail on Thursday took aim at the federal government for allowing electricity and sugar prices to spiral, accusing it of prioritising profits over public welfare. Speaking at a press conference in Karachi, he said the current administration had enabled sugar mill owners to benefit from export permissions while everyday […]
The moon of Shawwal 1446 AH is expected to be sighted on the evening of March 30, 2025, marking the beginning of Eidul Fitr, according to the Pakistan Meteorological Department (PMD). Astronomical calculations show that the new moon will be born at 15:58 PST on March 29, 2025, and there is a “good chance” of […]
The federal government has revised profit rates on national savings schemes, increasing returns on several certificates by up to 70 basis points while reducing the savings account rate by 100 basis points. According to Express News, the Central Directorate of National Savings (CDNS) has implemented these changes following the State Bank of Pakistan’s (SBP) Monetary […]
The Pakistan Day military parade will take place on Sunday, March 23, albeit on a “limited scale” due to the holy month of Ramadan, Radio Pakistan reported on Thursday. Contingents from the country’s three armed forces will participate in the event. The decision to scale back the parade was made due to the ongoing month of […]
Gold prices soared to a record high on Thursday, with the price per ounce increasing by $12, reaching an all-time peak of $3,050. In light of this rise, let’s take a closer look at the countries holding the most gold reserves. The US, Germany, and Italy are leading the pack as the precious metal remains […]