FPCCI cited current account surplus as the cause of economic downturn

FPCCI cited current account surplus as the cause of economic downturn

Textile exports declined by 12.4 percent and information technology exports by 0.5 percent. Photo: Social Media Karachi: The FPCCI attributed the current account surplus to the contraction in the economy. President FPCCI Irfan Iqbal Shaikh said that Pakistan’s current account surplus for March 2023 makes no sense for the government to celebrate as it actually…

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Sudan, 2 planes destroyed in clashes, airspace closed for commercial flights

Sudan, 2 planes destroyed in clashes, airspace closed for commercial flights

Sudan’s airspace was closed after the clashes escalated. At least two civilian planes were destroyed in Khartoum late last week as a result of fighting between the army and the Rapid Reaction Forces in Sudan. After this ongoing crackdown in Sudan, Sudan’s airspace has now been closed to commercial flights, affecting international air traffic as…

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Today, Eid-ul-Fitr is being celebrated with religious devotion and respect across the country

Today, Eid-ul-Fitr is being celebrated with religious devotion and respect across the country

File photo Today, Eid-ul-Fitr is being celebrated with religious devotion and respect across the country, thousands of small and large Eid prayer gatherings will be organized in which prayers will be offered for the security, development and prosperity of the Muslim Ummah and the country. The largest Eid prayer gathering in Karachi will be held…

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