In a Coronavirus pandemic situation, which has created difficulties for big economies of the world, Pakistan has succeeded in reviving its economy, which is expected to grow by nearly four per cent in 2021 financial year. According to world leading Forbes Magazine report, even giants like ...

ISLAMABAD: Economic experts claimed that Pakistan’s various sectors are ready to receive maximum benefits from China-Pakistan Economic Corridor ( CPEC) link project. According to political economists, many sectors will benefit from the project. In addition to the economic corridor, CPEC in ...

Pakistan Meteorological Department has activated a modern doppler weather radar in Karachi. The doppler radar is capable of forecasting rainfall in a radius of about 450kms and strong winds in a radius of about 200kms. The new radar, which was built at a cost of around Rs1.58 billion, is ...

In India, corona-Virus disaster has left deep scars on country’s economy as a surge in people losing their jobs and defaulting on debt suggest a more halting recovery. According to Economists, government is sticking with a forecast that the economy will grow 10.5% in fiscal year that started ...

ISLAMABAD: Pre-monsoon rains will start from the mid of June in different parts of the country with chances of average rains, Spokesperson, PMD Dr. Khalid Malik revealed on Sunday. Talking to APP, Dr. Malik said, “The first 10 days of June will be hot in most parts of the country with no chance ...

*KARACHI: * The Pakistan Meteorological Department (PMD) on Friday activated a modern doppler weather radar in Karachi after a period of 30 years. The doppler radar is capable of forecasting rainfall in a radius of about 450kms and strong winds in a radius of about 200kms. The new radar, ...

KARACHI – The State Bank of Pakistan (SBP) announced its bi-monthly monetary policy on Friday and decided to maintain its policy rate at 7 percent, according to a statement issued by the bank. At its meeting on 28th May 2021, the Monetary Policy Committee (MPC) decided to maintain the policy ...

The credit profile of Pakistan (issuer rating B3) reflects the country’s “baa2” economic strength, which is underpinned by the robust long-term GDP growth potential and large scale of the economy, balanced against low per capita incomes and global competitiveness, says Moody’s Investors ...

*KARACHI: Met Office has issued a warning regarding an imminent tropical cyclone to be developed over the Arabian Sea by May 16, asking fishermen to avoid going into deep waters. * According to Pakistan Meteorological Department (PMD), a low-pressure area could develop over the Arabian Sea by May ...

The International Monetary Fund (IMF) has warned that Pakistan’s growth rate will remain at 1.5 per cent this year, while inflation and unemployment will rise. In its latest report on the Pakistani economy, the IMF said the prospects for recovery were slim this fiscal year. According to the ...