Pakistan: PIA launches direct flight from Lahore to Skardu to boost tourism

Islamabad: In a bid to boost tourism, Pakistan International Airline (PIA) has launched direct flights from the cultural capital of Lahore to scenic Skardu in the northern Gilgit-Baltistan region. PIA’s first direct flight landed at the Skardu Airport from Lahore on April 7. The flight took nearly one hour and 15 minutes from Allama Iqbal […]

Indian shares rise, rupee slips after central bank holds key rates steady

Dubai: Indian shares rose on Wednesday after the central bank kept key interest rates unchanged, as widely expected, to support the economy against the backdrop of a second surge in COVID-19 cases. The Reserve Bank of India (RBI) stuck to its accommodative monetary policy stance amid concerns that rising infections could derail the country’s nascent economic […]