Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
Europe’s societies are ageing, their workers are supporting more retirees. Countries with lower wage costs are stealing their lunch. Public debt is becoming unsustainable.. This lurch to higher defence spending could not have come at a worse time for Europe.
Europe’s societies are ageing, their workers are supporting more retirees. Countries with lower wage costs are stealing their lunch. Public debt is becoming unsustainable.. This lurch to higher defence spending could not have come at a worse time for Europe.
The state’s public debt will be about Rs 9.3 trillion by the end of this financial year.