The Economic Coordination Committee (ECC) of the cabinet on Monday approved a total of six supplementary grants worth Rs92 billion, including utilisation of Rs54.5bn received from UK’s National Crime Agency (NCA) for the Daanish school project. A meeting of the ECC, presided over by Finance Minister Muhammad Aurganzeb, “approved a proposal for a technical supplementary grant (TSG) of Rs54.5bn t
Only a provisional licence has been granted to Starlink to provide satellite-based internet services in the country and the final regulatory approval was still awaited, Federal IT Minister Shaza Fatima said on Monday. The statement came during a meeting of the National Assembly’s Standing Committee on IT & Telecom, chaired by Syed Aminul Haque. The minister said Starlink services were expect
Pakistan anticipates the arrival of around 300 foreign delegates for the two-day Minerals Investment Forum 2025, where it plans to unveil a unified framework to promote mining and mineral investment opportunities across four provinces, Azad Kashmir and Gilgit-Baltistan. Speaking at a news conference managed by the Inter-Services Public Relations (ISPR), Petroleum Minister Ali Pervaiz Malik said
Shares at the Pakistan Stock Exchange declined by 2,900 points in intraday trade after global equities collapsed on a black Monday for markets in the wake of China hammering the United States with its own hefty tariffs, ramping up a trade war many fear could spark a recession. The benchmark KSE-100 index was down by 3,394.66 points, or 2.86 per cent, to stand at 115,397.00 from the last close o
With the ink still fresh on US President Donald Trump’s latest batch of tariffs, some are already bracing for what may come next in his effort to strong-arm trading partners into doing his bidding. As the epicentre of the financial world and the issuer of the global reserve currency, the United States has several levers that Trump can pull to coerce other countries, from credit cards to the ver