Banknotes issued by the Bank of England are about to get their first major redesign in more than 50 years. Notable historical figures, such as Sir Winston Churchill on the current fiver, have featured on these banknotes since 1970 but could be on the way out. The public are being asked for their views on…
0:29Watch: Trump reacts to the Senate narrowly passing his “big, beautiful” bill After nearly 24 hours of debate – starting yesterday morning and stretching overnight – the US Senate approved Donald Trump’s massive tax-cut and spending bill Passing by the narrowest of margins, the bill, as it stood on Tuesday, contained key parts of the agenda he…
Consumers to get minor concession of Rs1.55 per unit this month The federal government’s three-month relief on electricity bills, announced in April to ease the burden on consumers, has now almost completely ended. Starting this month, electricity consumers will receive only a partial benefit, with the relief set to be entirely withdrawn from next month….
KARACHI: On July 01, 2025, the exchange rate of the British Pound (GBP) to the Pakistani Rupee was recorded at Rs 371.10. The Pound sterling remained unchanged against the Pakistani Rupee (PKR) compared to the previous closing of Rs371.10. Pound to PKR Exchange Rate Today July 01 Rs 371.10 Rs 374.60 Pakistan Currency…
KARACHI: On July 01, 2025, the US Dollar to Pakistani Rupee (PKR) exchange rate was recorded at Rs 280.65 in the open market, with a selling rate of Rs 282.15. According to Interbank, the US Dollar to Pakistani Rupee interbank exchange rate is Rs 282.15. The US Dollar (USD) remained unchanged compared to its previous…
ISLAMABAD: The official rate of broiler chicken meat has been lowered by Rs. 14 per kg to Rs. 432 per kg from the earlier rate of Rs. 446. Even though the official reduction has taken place, overcharging continues to be reported in local markets as chicken is being sold at the rate of Rs. 450 per kg. The government…
One of Europe’s most iconic transport landmarks, the Öresund bridge, which connects Denmark and Sweden, is celebrating 25 years since its opening. But challenges remain despite its huge impact on business in the region. Oskar Damkjaer, 28, is standing on a platform inside the red-brick 19th century train station in Malmö. He lives in the…
Federal Finance Minister Muhammad Aurangzeb departed from Islamabad on Monday for Seville, Spain to participate in the Fourth International Conference on Financing for Development (FFD4) being held from July 1 to 3, 2025, according to a statement issued by his ministry . The global conference will bring together leaders, policymakers, and international development experts to…
‘Allegations that banks manipulate remittance data, launder undeclared funds, or facilitate tax evasion are baseless’ The Pakistan Banks Association (PBA) rejected on Monday misleading assertions in recent press coverage suggesting that government subsidies to banks under remittance incentive schemes serve no economic purpose. Last week, an independent policy institute urged the government to reconsider subsidising profitable banks…
China has lifted a ban on seafood imports from most regions of Japan, which was imposed two years ago due to concerns over the release of treated waste water from the Fukushima nuclear plant. Beijing said it will “conditionally resume” the imports from Japan with the exception of 10 of the country’s 47 prefectures, including…
