Digitonomy Affairs

Pakistan makes a World Record of the highest Opening day sales of Tim Hortons in 61 years.

Net Deficit of Pakistan Railways reaches to 3 billion Rupees.

Pakistani Startup Daraz to Cut 11% of its Workforce, CEO Bjarke Mikkelsen.

Pakistan’s cement industry achieves a mild growth of 1.15% in January 2023.

NTDC has completed the construction work on a 29 km long, transmission line from Polan to Gwadar to import additional 100MW electricity from Iran.

Huge Earthquakes hits Turkey and Syria killed thousands of people.

Ex President Gen (R) Pervez Musharraf Passed Away in dubai.

Europe increased 42% of LNG imports from Russia in 2022.

IMF urges Pakistan to increase the GST rate to a minimum of 18%.

Indus Motors temporarily shut down its plant on grounds of inventory shortage.

Inflation in Pakistan hits 27% for the month of January, 2023, exptected to reach at 30% within the next couple of months.

Honda atlas increases Huges prices of bikes by upto 30,000.

If Pakistan defaults the biggest cost will be social unrest in context of income and wealth inequality

Debt per person in Pakistan alarmingly jumps by 21% compared to previous year.

Pakistani rupee reaches at Rs270 against US dollar for the first time in history.

More than two dozen people have been killed and more than 100 others wounded in an explosion at a mosque in the northwestern Pakistani city of Peshawar, according to officials.

Following the devaluation of the rupee against the dollar, Finance Minister Ishaq Dar Sunday announced that the price of petrol and diesel will go up by Rs35 from 11am today.

Meanwhile, the prices of kerosene oil and light diesel oil have been increased by Rs18.

As the Pakistani rupee currency continues to lose ground since the government allowed free floating of exchange rates, the price of per tola gold surpassed Rs 200,000 mark for the first time in the history of Pakistan.

According to All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24 carats of gold witnessed an increase of Rs7,000 to reach Rs 202,500 while the price of 10 grams settled at Rs173,619 after a surge of Rs6,000.

Pakistani currency is projected to reach at Rs250-260 against US dollar in inter-bank market.

SBP directed the banks to facilitate the import of food, medicines and energy as a top priority.

Pakistan to return $500 million to Chinese commercial banks in next 72 hours may reduce foreign exchange reserves to around $4.1 billion without any new injection.

Arround 80% of China's population infected with Covid-19 amid mass movements for Chinese new year celebrations.

Google parent's Alphabet cuts 12,000 jobs, refocuses on AI.

Heavy snowfall in Malamjaba attracts a huge number of Tourists.

Pakistan's interest payments on debt is Rs4.8 trillion equals to arround 50% of federal budget

Scenery of snow covered Koh-e-Sulaiman is new point of attraction for tourists.

Large Scale Manufacturing Industries (LSMIs) growth in Pakistan reduced by 5.5% in November, 2022 compared to previous year.

Islamic banking to expand up to 35% within the next two years in Pakistan. SBP

The ice sculpture of Pakistan’s Faisal Mosque in China's Ice park became the center of attention.

Pakistan’s stock market crashed by 1,379 points amid political and economic instability.

Suspension Railway German, the best example of modern intracity transportation.

World Bank diverts $615 million from ongoing slow moving projects towards reconstruction of the flood-affected areas in Pakistan.

Pakistani textile exporters hope to get record number of export orders from Heimtextil Exhibition 2023.

China launches first fully automatic subway train with a speed of 80 km/hour in its Shenzhen city.

China reports nearly 60,000 Covid-19 infected deaths last month.

Banks refuses to open LCs amid shortage of Dollars left thousands of containers stuck at Karachi Port.

World Bank forcastes Pakistan’s real Gross Domestic Product (GDP) to grow at 2.0% in the fiscal year 2023.

Scientists and engineers are working to install floating solar panels on the ocean surface, providing electricity in Indonesian Islands.