Business News
-
Rupee likely to ‘become top performer globally in September’
.
[ad_1] A currency exchange dealer counting Rs1,000 notes in this undated picture. — AFP/File As the interim government ramps up its crackdown on illegal dollar trade it is likely that the Pakistani rupee may turn out to be the top performer globally in September, Bloomberg, reported. The local currency rose around 6% this month against the dollar —…
-
Hyundai-Kia engine fires: Which 3.7 million cars, SUV models have been recalled in US?
.
[ad_1] An illustration of Hyundai Tuscan. — X@cardekho South Korean carmakers Hyundai and Kia are recalling roughly 3.7 million vehicles in the US and advising owners to park them outside, due to the possibility of engine compartment fires on Thursday. Numerous automobile and SUV models from the 2010 to 2019 model years are included in…
-
US sues eBay for selling environment deteriorating products
.
[ad_1] eBay headquarters on Hamilton Avenue in San Jose, California. — AFP The United States Justice Department filed a lawsuit against eBay on Wednesday, for allegedly selling banned pesticide goods and tools that circumvent automobile emissions controls. The complaint against the online marketplace was filed on behalf of the US Environmental Protection Agency (EPA) in…
-
Bank customers gradually adopting digital channels | The Express Tribune
.
[ad_1] KARACHI: Pakistanis are gradually migrating from cash-based to digital banking as internet and mobile banking, branchless banking and EMIs have exhibited outstanding growth in terms of the number of transactions. However, in terms of value, cash still remains the king, indicating big payments are mostly made manually through banks. The State Bank of Pakistan…
-
Minister reviews Raast implementation | The Express Tribune
.
[ad_1] ISLAMABAD: The Caretaker Federal Minister for Finance, Revenue, and Economic Affairs, Shamshad Akhtar, underscored the significance of public-private partnerships in achieving sustainable development goals and fostering inclusive growth during a review of the implementation of RAAST (Pakistan Instant Payment System). In a meeting with Syed Ali Mahmood, Country Lead (Pakistan) for the Bill and…
-
Dollar falls by Rs1.05 as rupee strengthens for 17th consecutive session
.
[ad_1] A currency dealer can be seen counting $100 notes while Rs5,000 notes are placed on the table. — AFP/File The Pakistani rupee as part of its recent upward trend, strengthened by Rs1.05 in the interbank market on Wednesday. The rupee appreciated by 0.36% against the US Dollar from yesterday’s close of Rs289.8 as the…
-
Buying property in US? Here’s list of states with lowest property taxes
.
[ad_1] An American house in California, United States. — X@zillow American homeowners’ annual property tax payments vary by thousands of dollars depending on the states they are residing in, as per an investigation by Tax Foundation based in the US. The various sums were computed using the most recent available census data from 2021, which…
-
inDrive expands operations in more Pakistani cities
.
[ad_1] A view of the massive traffic jam at Murree Road due to the over-parking of cars in Rawalpindi. — Online/File In its bid to expand its operations in Pakistan, the popular ride-hailing company, inDrive, will begin its services in five more cities in Pakistan. The cities where the company will start its service include Larkana,…
-
Pakistan gets first-ever Russian LPG shipment
.
[ad_1] — X/RusEmbPakistan The Russian embassy in Islamabad said Tuesday that Pakistan received its first liquified petroleum gas (LPG) shipment from Moscow — the country’s second major energy purchase from Russia. The development comes months after the South Asian nation received its first-ever shipment of Russian crude oil. The embassy, in a post on X…
-
PIA suffers Rs60.71b loss in 2023 1st half | The Express Tribune
.
[ad_1] LAHORE: The Pakistan International Airlines (PIA) has suffered a loss of Rs60.71 billion in the first six months of the ongoing year, according to the national flag carrier’s financial report for 2023. The airline had put up with a loss of Rs41.31 billion in the corresponding period last year. According to the report, the…
