pakish

MG Motors to introduce three CKD models in Pakistan

General Manager of MG Motors Pakistan Syed Asif Ahmed has said the company plans to introduce three models of completely knocked down (CKD) cars in Pakistan, including the HS model, as part of its five-year plan. In a statement to Business Recorder, Ahmed said Pakistan was a “very CKD-oriented market”. CKD vehicles are …

Read More »

Govt mulls Rs15bn new taxes ahead of IMF meeting

ISLAMABAD: The government has decided to introduce new taxation measures worth Rs15 billion in the next few days as part of the agreement with the International Monetary Fund (IMF) to revive a loan programme. The new measures are expected to be taken ahead of the IMF board meeting scheduled for …

Read More »

A glass half full approach to devaluation

The rupee is nosediving, foreign reserves are evaporating and political instability is proliferating. The financial watchdogs are painting a dismal picture of our future. The economic experts have earmarked us for imminent default. The consensus view is that rupee devaluation will have disastrous consequences for our already brittle economy. However, …

Read More »

PKR jumps by over Rs4 in early interbank trade

The rupee continued to gain for the ninth consecutive session on Friday, jumping by Rs4.38 in the interbank market during early trade. According to the Forex Association of Pakistan (FAP), the PKR was being traded at Rs214.5 by 10:13am, having appreciated two per cent from yesterday’s close. Mettis Global Director Saad …

Read More »

Twinkle Khanna reviews Akshay Kumar starrer Raksha Bandhan; says, “It may make you crack up, but I dare you to leave the theatre dry-eyed”

Twinkle Khanna gushes about director Aanand L. Rai for starting conversations that can alter mindsets and also challenges that this Akshay Kumar starrer will make everyone cry. Popular author Twinkle Khanna is known for her unfiltered and candid nature. More than once, many celebrities including friend Karan Johar and husband …

Read More »