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Meta CEO Mark Zuckerberg has joined an exclusive group of individuals with a net worth exceeding $200 billion, becoming the youngest person ever to achieve this financial milestone. With a fortune of $202 billion, Zuckerberg is now the third richest person in the world, following Elon Musk, who tops the list at $268 billion, and […]
India’s foreign exchange reserves have reached a historic high of $683.987 billion, following a significant increase of $7.02 billion in just one week. This milestone marks a new chapter in India’s financial journey, driven largely by a surge in foreign currency assets, now standing at $597.55 billion. Gold reserves also saw a notable rise, increasing […]
A man in Naushahro Feroze, Pakistan, has been arrested for allegedly burying his 15-day-old daughter alive. The tragic incident, reported by a local news outlet, has sparked outrage across the country. Police identified the man as Tayyab, who reportedly confessed to the crime. According to police officials, Tayyab claimed he could not afford the medical […]
The Pakistani government has unveiled a proposal in its new budget plan to restrict foreign travel for individuals who haven’t filed their income tax returns. This significant move aims to improve tax compliance within the country. Exceptions are included for essential travel needs, such as religious pilgrimages (Hajj and Umrah) and educational pursuits. The proposed […]
Byju’s, the Indian education technology giant once valued at a staggering $22 billion, has seen its valuation drop to zero, according to major investors like BlackRock and HSBC. This dramatic downfall comes after a period of rapid growth followed by mounting legal and financial troubles. Byju’s, known for its sponsorship of the Indian cricket team, […]
Pakistan’s Economic Coordination Committee (ECC) approved a series of grants during a recent meeting chaired by Finance Minister Muhammad Aurangzeb. Key beneficiaries include the Pakistan Space and Upper Atmosphere Research Commission (SUPARCO), which received Rs.4.05 billion for its “Pakistan Multi-Mission Communication Satellite System.” This project aims to enhance communication infrastructure across the country. Pakistan Prioritizes […]
Rishi Sunak, the UK Prime Minister, and his wife, Akshata Murty, have seen their wealth rise by £122 million in the past year, as revealed by the Sunday Times Rich List. The couple’s fortune now stands at £651 million, substantially increasing from £529 million in 2023. Rishi Sunak outranks King Charles! This impressive gain is […]
Pakistan’s total debt and liabilities have reached an alarming new peak, raising concerns about the country’s fiscal health. According to data released recently, the national debt has ballooned to nearly Rs.81 trillion (approximately $467 billion USD). This staggering figure represents three-fourths of Pakistan’s entire economy and surpasses the limit set by the Fiscal Responsibility and […]
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 […]
Mumbai has seized the crown as Asia’s billionaire capital in a monumental shift of wealth dynamics, leaving Beijing trailing behind. With a staggering $1 trillion in collective wealth, India now boasts 271 billionaires, marking its ascent to the third position globally, outpacing even economic powerhouses like Germany. From Bollywood dreams to billionaire realities The latest […]
