Business

Monday, 23 March 2026 | Web Desk The ongoing war between Israel, the United States, and Iran has inflicted a staggering $53 billion loss on 20 of the world’s largest airlines, plunging the aviation industry into its worst crisis since the COVID-19 pandemic. According to international news agencies, the conflict has severely disrupted air travel across the Gulf region, forcing …

Monday, 02 March 2026 | Web Desk The ongoing war between Iran and the United States has dramatically reshaped global aviation routes, thrusting the airspace of Pakistan and Afghanistan into the spotlight as the world’s busiest flight corridor. With the conflict zone encompassing large swathes of Middle Eastern airspace, international carriers are being forced to reroute flights through the only …

Monday, 02 March 2026 | Web Desk The ongoing war between Iran and the United States has sent shockwaves through global financial markets, with the Pakistan Stock Exchange (PSX) suffering its worst single-day plunge as trading opened for the week. The benchmark KSE-100 index opened on a deeply negative note, plummeting by 15,344 points to hit 152,717—a catastrophic drop that …

Tuesday, 27 January 2026 | Web Desk India and the European Union have reached a landmark trade agreement, being hailed as the “Mother of All Deals,” which promises to elevate their economic partnership to unprecedented heights. The deal will see tariffs eliminated or significantly reduced on approximately 97% of EU exports to India, amounting to potential annual duty savings of …

Thursday, 15 January 2026 | Web Desk In a significant move to modernize its financial infrastructure, the Government of Pakistan has signed a Memorandum of Understanding (MoU) with the American fintech company World Liberty Financial. The agreement aims to foster innovation in digital payments, marking a pivotal step in Pakistan’s journey toward a robust digital economy. The signing ceremony was …

Thursday, 15 January 2026 | Web Desk A senior delegation from World Liberty Financial, a prominent American financial technology (fintech) company, met with Field Marshal Syed Asim Munir, Pakistan’s Chief of Defence Forces, to discuss enhancing financial inclusion and strengthening cross-border digital payment systems. According to a press release from the Inter-Services Public Relations (ISPR), the meeting focused on the …

Wednesday, 24 December 2025 | Web Desk The federal government will receive approximately PKR 55 billion from the privatization of Pakistan International Airlines (PIA). According to the agreement, PKR 10 billion will be in cash, while PKR 45 billion will be in the form of government equity. The details were shared by Advisor to the Prime Minister on Privatization, Muhammad …

Friday, 12 December 2025 | Web Desk Pakistan’s auto market saw a strong year-on-year rebound in November 2025, with total sales of cars, LCVs, vans, and jeeps rising 51.9% to 15,442 units, compared to 10,163 units in November last year, according to the latest data from the Pakistan Automotive Manufacturers Association (PAMA). However, monthly sales slipped 10.9% from 17,333 units …

Tuesday, 10 December 2025 | Web Desk The Iranian rial has plummeted to its lowest level in history. According to Iranian media reports, in the open market, one US dollar was recently exchanged for approximately 1,250,000 rials. For comparison, during Donald Trump’s presidency in 2018, one dollar was equivalent to around 55,000 rials. Since then, the Iranian currency has been …

Tuesday, 25 November 2025 | Web Desk After the ouster of former prime minister Sheikh Hasina’s government in August 2024, relations between Islamabad and Dhaka — strained for decades — have gradually improved, accompanied by a notable increase in economic engagement between the two countries. One sign of these improving ties is Pakistan’s plan to export 100,000 tonnes of rice …