Beijing: Bitcoin plunged by 30 percent on Wednesday after China signalled a new crackdown on the cryptocurrency and tycoon Elon Musk hinted that his Tesla car company could unload its huge holdings in the unit. The virtual currency fell to almost $30,000 — less than half the record value it reached last month — before […]
finance
Dollar soars to Rs 148 in interbank market
The US dollar touched an all-time high of Rs 148 in the interbank market on Thursday, a day after it bounced back to Rs 144 after reaching an all-time high of Rs 146.50 in the open market on Wednesday. The rupee weakened by over five per cent, or Rs 7, from Wednesday’s close of 141 […]
Salman Shah made Punjab CM’s adviser on finance
Renowned economist Dr Salman Shah has been appointed as the new adviser to the Punjab chief minister on economic affairs and planning. The Punjab government issued a notification to this effect on Wednesday, while CM Sardar Usman Buzdar asked Salman Shah to assume his new office without delay. This development comes ahead of the budget […]
New economic team
GDP at current market prices for 2017-18 on State Bank of Pakistan’s website Rs34,396,491 in million. Many a time, people become a victim of their own propaganda. Mr Khan’s financial team also got carried away and believed that an honest Prime Minister has decided to go at war with corruption and bring back the $200 […]
Khawaja Saad runs down PM Khan for making nation suffer
An accountability court, on Thursday, sent Pakistan Muslim League-Nawaz (PML-N) stalwarts Khawaja Saad Rafique and his brother, Salman Rafique, back to authorities till April 28. Their judicial remand was extended in the hearing to mark the conclusion of their remand. The Rafique brothers were taken into custody by the National Accountability Bureau (NAB) in December […]
PTI’s 100-day plan requires additional Rs1.6 trillion: Miftah
ISLAMABAD: Finance Minister Miftah Ismail on Tuesday said the 100-day agenda presented by Pakistan Tehreek-i-Insaaf (PTI) Chairman Imran Khan would require a huge monetary budget and that it “was not based on reality”. “Although it seems very ridiculous to talk on the agenda given by the PTI chief, but if we calculate, the government will have […]
Qistas: equity not equality
Gender equality is an issue on a significant rise these days. We hear the chant “Equality, Equality” from all sides, but while some women have a problem with the fact that people don’t understand the true meaning of the word “feminism”, some men are of the opinion that women voicing their concern for fundamental rights, […]