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Category: Economy

Birmingham, the UK's second largest city, defaulted
  • Business

Birmingham, the UK’s second largest city, defaulted

PNP DeskSeptember 6, 2023September 16, 202403 mins

Birmingham: The council of Birmingham, the second largest city in the United Kingdom, has declared the city to be in total default, a notice has also been issued. According to CNN, the city was declared in default by the Birmingham City Council. The announcement comes after an order to pay employees up to 760 million…

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2 passengers who did not sit on dirty seats were removed from the plane
  • Business

2 passengers who did not sit on dirty seats were removed from the plane

PNP DeskSeptember 6, 2023September 16, 202402 mins

Washington: Two passengers on an Air Canada flight from Seattle, USA to Montreal, Canada were kicked off the plane simply because they refused to sit on seats stained with vomit. According to media reports, Susan Benson, a passenger on the same plane who shared the incident, was seated near the seats of the two passengers….

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FBR committed to tax collection of 9415 billion
  • Business

FBR committed to tax collection of 9415 billion

PNP DeskSeptember 6, 2023September 16, 202403 mins

The Federal Board of Revenue (FBR) has expressed its determination to meet the tax collection target of 9,415 billion. An important meeting regarding FBR and Privatization Division was held under the chairmanship of Caretaker Prime Minister Anwarul Haq Kakar. Anwarul Haq Kakar was briefed by FBR regarding tax collection and told that the target was…

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Dollar jolted in open market, down 11 rupees in one day
  • Business

Dollar jolted in open market, down 11 rupees in one day

PNP DeskSeptember 6, 2023September 16, 202404 mins

Karachi: After a sustained rally in the open market, the dollar suffered a shock. Today, the open market price of the dollar fell further by Rs 11 to Rs 312. Due to the ban on illegal transportation of currency, strict monitoring of exchange companies and crackdown on currency smugglers and facilitators, the price of dollar…

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Gold has become cheaper by Rs 10,500 per tola in the country
  • Business

Gold has become cheaper by Rs 10,500 per tola in the country

PNP DeskSeptember 6, 2023September 16, 202402 mins

The price of gold has come down drastically in the country. According to All Pakistan Gems and Jewelers Association, gold has become cheaper by Rs 10,500 per tola in the country today. After which the new price is 2 lakh 22 thousand 300 rupees. According to the association, the price of 10 grams of gold…

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Order for recovery of abducted spouses and children from Sadiqabad
  • Business

Order for recovery of abducted spouses and children from Sadiqabad

PNP DeskSeptember 6, 2023September 16, 202402 mins

Regional Police Officer (RPO) Rawalpindi Syed Khurram appeared in the court and expressed ignorance of the incident. Rawalpindi: The Lahore High Court ordered the recovery of the abducted husband and wife and children from Sadiqabad by Friday. A hearing was held in the Pindi Bench of Lahore High Court against the abduction of a family…

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Inflation likely to rise in coming months: Finance Ministry
  • Business

Inflation likely to rise in coming months: Finance Ministry

PNP DeskSeptember 6, 2023September 16, 202404 mins

—File photo The Ministry of Finance has released the monthly report for July, in which it is said that inflation is likely to increase in the coming months. According to the Ministry of Finance, the effects of the two-time increase in electricity prices in August will affect inflation, the inflation rate is expected to be…

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Two people, including Nikah Khawan, were killed in the air firing at the wedding
  • Business

Two people, including Nikah Khawan, were killed in the air firing at the wedding

PNP DeskSeptember 6, 2023September 16, 202402 mins

DI Khan: 2 people including Nikah Khawan were killed in the air firing at the wedding, the police registered a case and started investigation. According to Express News, this incident took place in Tlai Budh Shah area under DI Khan’s Chodhawan police station limits, in which a person opened fire in the air during a…

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A unique one-wheel electric bicycle that crosses the mountains
  • Business

A unique one-wheel electric bicycle that crosses the mountains

PNP DeskSeptember 6, 2023September 16, 202404 mins

The one-wheeled revolutionary ride can now even climb rough roads and hills. Photo: Courtesy of Newatlas Virginia: After a day and night of hard work, the experts of the American company have created a powerful one-wheeled electric bike that can go off-road along smooth roads and cross small hills. The In-Motion company has said that…

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In the open market, the dollar fell to Rs 316
  • Business

In the open market, the dollar fell to Rs 316

PNP DeskSeptember 6, 2023September 16, 202403 mins

The US dollar has depreciated against the Pakistani rupee in the open market. The dollar depreciated by Rs 7 to Rs 316 in the open market. At the close of business yesterday, the dollar was at Rs 323 in the open market. In the open market, the dollar has become cheaper by 16 rupees in…

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About PNP

Press Network of Pakistan (PNP), registered with the Government of Pakistan since January 2011, is an Islamabad-based global newswire service that takes pride about its unbiased news reporting both in English and Urdu languages.

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