An Australian court has fined Qantas Airways US$59 million (Aus$90 million) for illegally laying off 1,800 ground staff during the Covid-19 pandemic. Federal Court Justice Michael Lee said the penalty was intended as a “real deterrence” for companies tempted to breach employment laws for financial gain. The ruling marks the end of a five-year legal […]
COVID-19 pandemic
Khushhal Khan Khattak express to resume service after five-year break
Pakistan Railways has announced the return of the Khushhal Khan Khattak Express. The long-distance train service will resume operations on April 25, 2025, after a five-year break due to the COVID-19 pandemic. This service connects the regions of Sindh, southern Punjab, and Khyber-Pakhtunkhwa. The economy-class train travels between Karachi and Peshawar via the Kotri-Attock Main […]
Agriculture sector witnessed 2.77% growth, livestock 3.06% in FY 2020-21
ISLAMABAD: Despite the COVID-19 Pandemic, the agriculture sector in the country witnessed about 2.77 percent growth during the financial year 2020-21 as against the set target of 2.8 percent, which was mainly attributed to the timely interventions of the government and the introduction of financial and policy measures to minimize the impact of the global […]
A stronger private sector could help Pakistan realise its economic potential: World Bank
Pakistan can foster a more innovative, competitive and entrepreneurial economy and reinvigorate growth by addressing critical constraints that are limiting private sector investment, according to a new report from the International Finance Corporation (IFC) and the World Bank. The report, the Pakistan Country Private Sector Diagnostic (CPSD), says Pakistan has tremendous untapped economic potential that […]