Amidst a lack of fresh triggers, the capital market on Tuesday remained range bound which led the benchmark KSE100 index to lose 99.64 points to conclude the session at 41,334.69. The investors opted 'wait and see' approach as additional conditions pertaining to the balance of payment put forth by the IMF, according to news reports. The Index traded in a range of 194.44 points or 0.47 perce
China’s Foreign Minister Qin Gang on Tuesday reiterated that the Belt and Road Initiative (BRI) was a high-quality public good initiated by Beijing, “built by the parties involved, and shared by the world”, with over three-quarters of countries across the globe and 32 international organisations having joined it already. In his first appearance after assuming the office three months ago, Qin ad
The coalition government has managed to add a net Rs7.2 trillion to the debt pile in only the first seven months of this fiscal year – an average of Rs34 billion per day. The accumulation of debt is now nearly three times more than the gap between federal income and expenditures. The State Bank of Pakistan (SBP) on Tuesday released the central government’s debt bulletin until January 2023, show
In a move to promote strategic cooperation between China and Pakistan in industry-university research on modern agriculture, documents of understanding (DoU) were signed by the National University of Sciences and Technology (NUST), Weifang Engineering Vocational College, Qingzhou Municipal Government and Weifang National Comprehensive Pilot Agriculture Zone at Weifang last week. The four sides
The Pakistan Software Export Board (PSEB), in collaboration with the Pakistan Embassy in Copenhagen, has organised the visit of an IT Trade Delegation to Denmark and Sweden from March 6 to March 10, 2023. The delegation comprises of 25 of Pakistan’s top IT companies from various domains, including artificial intelligence (AI), internet of things (IoT), blockchain, cybersecurity, digital marketi