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Posted on June 12, 2025

Is Pakistan afraid of Indian attack? It raises defence budget to… despite being under debt of …, where from will it get money?

Defending the meteoric rise in defence budget, Finance Minister Muhammad Aurangzeb said in the National Assembly in the most unambiguous words that the increase is necessary after 4-day skirmishes ...

Posted on June 12, 2025

Is Pakistan afraid of Indian attack? It raises defence budget to… despite being under debt of …, where from will it get money?

Defending the meteoric rise in defence budget, Finance Minister Muhammad Aurangzeb said in the National Assembly in the most unambiguous words that the increase is necessary after 4-day skirmishes ...

Posted on June 12, 2025

Pakistan Minimum Wage 2025-26: Govt Ignores Inflation, Keeps Rates Unchanged

The government has kept the minimum wage in Pakistan unchanged for FY2025-26, despite calls from PPP to raise it to Rs50,000.

Posted on June 12, 2025

Pakistan Minimum Wage 2025-26: Govt Ignores Inflation, Keeps Rates Unchanged

The government has kept the minimum wage in Pakistan unchanged for FY2025-26, despite calls from PPP to raise it to Rs50,000.

Posted on June 12, 2025

Finance minister retracts 10% electricity surcharge proposal amid IMF concerns

Finance Minister Muhammad Aurangzeb has withdrawn his earlier proposal to impose a 10% surcharge on electricity bills. This reversal surprised many, especially since Pakistan had assured the IMF that ...

Posted on June 12, 2025

Air India plane crash: What passengers need to know about airline liability, compensation

In the event of death or bodily injury on an international flight, airlines operating in India are bound by the Montreal Convention, 1999, an international treaty to which India is a signatory.

Posted on June 12, 2025

Salary shock: Who approved the big pay raise for Pakistan’s top parliamentarians?

The salaries of the Senate Chairman and National Assembly Speaker were increased through decisions made within their own parliamentary committees. According to sources, the Senate's House Finance ...

Posted on June 12, 2025

Finance Ministry Junks Reports Claiming Imposition Of MDR on UPI Payments

Digital transactions in India have surged, largely due to the Unified Payments Interface (UPI). Recent reports suggested that the government might reintroduce the Merchant Discount Rate (MDR) for UPI ...

Posted on June 12, 2025

India’s inflation falls to 2.82% in May in longest run below target in 6 years

India’s retail inflation stayed below the Reserve Bank’s 4% target for the fourth straight month in May on easing food prices, reinforcing the case for last week’s surprise 50 basis point interest ...

Posted on June 12, 2025

Trump’s ‘done’ deal with China just brings tariffs back to Liberation Day levels

Trump announced that the U.S. would charge a 55% tariff on Chinese goods, while Beijing would impose a 10% tariff on U.S. goods. He also proclaimed that China will continue to export magnets and rare ...

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