KARACHI: The demand for the automobiles in Pakistan has witnessed a significant surge in the last few years, resulting in an increase in oil consumption. In the wake of the higher oil prices in the international market, which are hovering around $100 due the recent Russia-Ukraine war, Pakistan’s foreign exchange reserves are under severe pressure. … Read more
SAN FRANCISCO: Microsoft on Tuesday posted revenues of $51.7 billion, a 20 per cent increase on a year-on-year basis for the quarter ending December 31, 2021. The company’s quarterly net income was $18.8 billion, up by 21 per cent year-on-year. Its operating income was up 24 per cent to $22.2 billion. Revenues in productivity and … Read more
Pakistan Foreign Office has “categorically” rejected inclusion into US’ Child Soldiers Prevention Act List and said the move was “unsubstantiated and baseless” and urged Washington to The State Department’s annual report in 2021 should review the baseless allegations levelled against Pakistan. The United States on Thursday added Pakistan and Turkey to the list of the … Read more
The move could lead to sanctions being imposed on the military The United Stated has placed Pakistan in its Child Soldiers Prevention Act (CSPA) list which could lead to some restrictions being imposed on the military. The list includes foreign governments identified during the previous year as having governmental armed forces, police, or other security … Read more
