Madonna’s fans will very soon be able to take a glimpse at her life’s journey in an upcoming biopic of the singer. The renowned songstress shared an update about the film, revealing she is done working on its script. Madonna took to Instagram on Tuesday to share a set of selfies in which she was seen perusing a working copy …

ISLAMABAD: Jazz has signed a licence renewal agreement with the Pakistan Telecommunication Authority (PTA) amid a case the cellular company has filed against the telecom sector regulator in the Supreme Court over the same issue. The signing ceremony was held at the PTA headquarters here on Monday. The renewed licence has enhanced terms and conditions for coverage and quality of …

VavaCars, a Turkey-based online trading platform for buying and selling used cars, has raised $50 million in Series B funding to expand its operations in Pakistan and Turkey. Duquesne Family Office LLC (founded by Stanley F Druckenmiller) and Vitol, along with another investors participated in the round, according to a press statement issued by the company. Lawrence Merritt, CEO and …

ISLAMABAD: Pakistan’s non-textile exports grew 23.4 per cent year-on-year to $2.48 billion in the first quarter of current fiscal year owing to partial revival of international orders and the government’s support schemes. Overall growth in the non-textile sector is mainly led by the value-added sectors. The non-textile sector has yet to receive full orders to pre-Covid levels, data compiled by …

Bitcoin hovered below record levels on Wednesday, the day after the first US bitcoin futures-based exchange-traded fund (ETF) began trading, a development that market participants say is likely to drive investment into the digital asset. The world’s leading cryptocurrency was last at $63,998, off 0.4 per cent, but still within a short jump of its record of $64,895.22, hit on …

Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin returned to Washington to join the ongoing discussion with the International Monetary Fund (IMF), his office announced on Tuesday. Tarin, who was the finance minister when he first came to Washington earlier this month, is now a financial adviser to the prime minister as he had to be a member of parliament to …

The US dollar continued to rise against the rupee on Wednesday — a trend experts largely attribute to the country’s growing current account deficit — reaching a record high of Rs173.50 after appreciating by 55 paisas in interbank trade. According to the Forex Association of Pakistan (AFP), the buying rate of the greenback was recorded at Rs173.40 and the selling …

Shares at the Pakistan Stock Exchange (PSX) soared on Wednesday buoyed by talks with the International Monetary Fund (IMF) moving forward. The benchmark KSE-100 index gained 870.01 points, or 1.95 per cent, to close the day at 45,499.46 points. Having remained in the green throughout the session, the market was up by 802.72 points, or 1.8 per cent, by 1:20pm. …

LAHORE:The opposition PML-N on Monday submitted a requisition with the Punjab Assembly secretariat to convene a session of the provincial house for discussing the ongoing price hike. Samiullah Khan, Khalil Tahir Sindhu, Khwaja Imran Nazir, Pir Ashraf Rasool, Mian Abdur Rauf and Saadia Taimur submitted the requisition on the direction of opposition leader Hamza Shehbaz Sharif. The opposition MPAs said …

Taking the government to task over the uncertainty sparked by the delay in the appointment of the new Inter-Services Intelligence (ISI) chief, PML-N leader Ahsan Iqbal on Wednesday said the two-week-long “drama” concerning the country’s defence institution had become a “joke” in front of the world. Talking to reporters in Islamabad, Iqbal said: “Today the whole administrative machine of Pakistan has been …