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In a significant development, India and Iran signed a 10-year agreement for the development and operation of Iran’s Chabahar port. This strategic move by the Indian government strengthens ties with the Middle Eastern nation. $370 million boost for strategic Chabahar port! Located on the Gulf of Oman in southeastern Iran, Chabahar port offers a vital […]
In response to the ongoing genocide in Gaza, Pakistani consumers have taken a stand by boycotting international brands perceived to be financially supporting the situation. This movement has led to a surge in support for local businesses, with several companies introducing innovative products to cater to the needs of boycotting consumers. Gaza crisis? Pakistani brands […]
A new cola brand, ‘Palestine Cola’, has seen sales skyrocket in just two months, reaching millions of cans sold. The company attributes this success to the growing boycott movement against Israeli-backed brands like Coca-Cola and PepsiCo. Coke & Pepsi? Try Palestine’s new cola! Founded by three Palestinian-Swedish brothers, Palestine Cola offers a drink alternative with […]
The recent trophy hunting season conducted by the Forest, Parks, Wildlife, and Environment Department of Gilgit-Baltistan has generated a revenue of Rs.300 million. The hunting season takes place annually from November to April and is regulated by the Gilgit Baltistan Wildlife Act of 1975. High bids for Astore Markhor permits! In October of 2023, the […]
In recent news, the Prime Minister of Pakistan, Shehbaz Sharif, has emphasized the need for enhancing revenue collection in the country. He believes that with collective efforts, Pakistan could surpass even larger economies like India. This call comes amidst concerns over the country’s significant tax evasion problem, estimated to be around Rs.5.8 trillion annually, accounting […]
Move over ripped jeans, there’s a new contender for the crown of most outrageous denim trend: pee stains. Yes, you read that right. London-based designers Jordan Bowen and Luca Marchetto, also known as Jordanluca, are making waves (or should I say puddles?) with their latest creation – the “Jordanluca” jeans. These designer duds come complete […]
The global smartphone market in Q1 2024 presented a picture of resilience and reinvention. Despite a surprising 10% drop in Android shipments, overall sales climbed 7.8% to reach 289.4 million units. This seemingly contradictory news reveals a market in flux, where manufacturers battle for dominance. Samsung vs Apple for the spot Samsung emerged as the […]
Telenor’s Norwegian CEO Sigve Brekke recently revealed in an interview that the challenges of doing business in Pakistan were one of the main reasons behind the company’s decision to exit the market. Brekke highlighted the difficulties of repatriating profits as a critical factor influencing investor decisions to leave the country. However, he contrasted this with […]
Earlier this week, the Pakistan Stock Exchange (PSX) made history by crossing the 70,500 points mark for the first time ever. The PSX’s primary indicator surged an impressive 229.86 points, leaving investors in awe. Bullish trend brings joy to PSX investors! The trading session was marked with heightened activity, indicating a significant rise in investor […]
In a groundbreaking revelation, financial powerhouse Goldman Sachs has unveiled its latest projections, offering a tantalizing glimpse into the economic landscapes of tomorrow. With a keen eye on emerging economies, Goldman Sachs has long been a harbinger of global economic trends. Now, their gaze extends to a staggering 104 countries, with projections stretching all the […]
