Syeda Sadia Shahid

Govt to build universities in Diplo, Tharparkar and Sakrand, Nawabshah

Asif Ali Zardari – the co-chairman of the Pakistan Peoples Party has announced to establish universities in Diplo and Sakrand towns aiming...

Flood

Hassanabad bridge collapses as water from melting glacier causes flood amid heatwave

Gilgit-Baltistan (G-B) Chief Secretary Mohyuddin Wani assured that the condition of the post-Glacial Lake Outburst Flood (GLOF) at Hassanabad bridge is under...

Coastal Areas

Progress reviewed on $3.5 billion plan to rebuild Karachi’s coastline under CPEC

Top management of the Board of Investment (BOI) and Karachi Port Trust (KPT) has reviewed progress on the Karachi Comprehensive Coastal Development...

cotton

Farmers in Punjab expects up to 35% increase in cotton acreage this year

Punjab expects a 12 to 15 percent rise in cotton acreage this year, however, according to the farmers this figure may be...

987

Edhi Foundation

Pakistan’s humanitarian Bilquis Bano Edhi declared Mother of Humankind

While celebrating the International Mother’s Day on May 8, 2022, SAARC-ASEAN Postdoctoral Academia and the Asia-Oceania Post-Doctoral Academia (AOPDA) conjointly adopted a...

Olive oil

Imran Khan’s Billion Tree Tsunami project brings olive revolution in Pakistan

Pakistan’s Ten Billion Tree Tsunami project that was launched in 2014 by the PTI-led government has now started a silent olive revolution...

818

Fisheries

For the first time Punjab bans commercial fishing for 10 years

The Punjab government has imposed a 10-year ban on commercial fishing in the provincial water because of the acute depletion of fisheries...

940

Eidul Fitr

Over 600,000 visited 7 tourist destinations in Khyber Pakhtunkhwa in five Eid holidays

More than 600,000 people enjoyed their Eid Holidays in the seven main tourist destinations in Khyber Pakhtunkhwa, mainly Malakand and Hazara divisions....

Coronavirus

Pakistan detected first case of more infectious Omicron subvariant BA.2.12.1

The National Command and Operation Centre (NCOC) has confirmed the detection of Pakistan’s first case of the Omicron variant of the coronavirus,...

981

fertilizer

Govt to import 200,000 tonnes of urea to meet peak kharif season demand in June

The new government has made a decision to continue the observations of the PTI government and announced to import of 200,000 tonnes...

850

Forests are shrinking due to deforestation of 10 million hectares per year

Almost 47 million hectares of primary forests were lost between 2000 and 2020, said a report, ‘State of the World’s Forests 2022’. The...

913

mountaineering

Shehroze becomes youngest mountaineer to summit world’s three highest peaks

Shehroze Kashif, a Pakistani climber, on Thursday created history as he became the youngest person in the world and first in his...

948

Dr Murtaza Syed takes over as acting governor of State Bank of Pakistan

Dr. Murtaza Syed, as the senior-most deputy governor, has assumed the position of the State Bank of Pakistan’s acting governor. After tough...

CPEC

CPEC to remain top priority of the new Shehbaz government

CPEC has always been at top priority of the Shehbaz government and change of command in Pakistan does not affect the long-standing...

Child Abuse

At least 3,852 children sexually abused across Pakistan in 2021

As many as 3,852 children including 2,068 girls and 1,784 boys were sexually abused all over Pakistan in 2021, revealed Sahil, an...

2.0K

Olympics

Peshawar sisters Husna Awan and Hafsa Awan have a dream to shine in Olympics

Belonged to Peshawar, two highly talented sisters try their level best to make their sports career shine to the highest level and...

771

Climate change could sweep 4% of global GDP by 2050

Climate change could witness 4 percent of global annual economic output lost by 2050 and hit numerous poorer areas of the world...

845

Lucky Cement consolidated earnings at Rs 26.53 billion in 9 months

Lucky Cement Limited has earned a net profit of Rs 26.53 billion during the last nine months of 2021, as per the...

Hot

Pakistan buys spot LNG cargo for mid-May from Vitol at a lower price

Pakistan LNG Limited (PLL) purchased a spot liquefied natural gas cargo for May 17-18 delivery from Vitol, which had offered $23.13/mmbtu for...

1.9K

PM Shehbaz Sharif fills Economic Advisory Council with Pakistan’s billionaires

Prime Minister Shehbaz Sharif has chosen his main advisors and members of the country’s billionaire club as members of the Economic Advisory...

Pakistan among 20 trading partners placed on US ‘watch list’

Pakistan is among 20 trading partners which have been placed on the ‘watch list’ of the US government. Though, these states merit...

945

Industry

Pakistan’s surgical instruments industry is world number 1 in production

Pakistan’s Surgical Instruments Industry holds a history of over 100 years when the surgical instruments of British doctors got repaired by the...

Gilgit Baltistan

Pakistan’s youngest athlete Mahnoor Saleh becomes IUCN Youth Ambassador

The International Union for Conservation of Nature (IUCN) has declared Pakistan’s young athlete Mahnoor Saleh as its Youth Ambassador. IUCN helps to...

854

Rupee plunges 94 paise to settle at 186.63 against US dollar

The downfall trend of the Pakistani Rupee (PKR) continues against the US Dollar (USD) and reported losses in the interbank market today....

844

CDWP

CDWP approves three development projects worth Rs 15.7804 billion

The Central Development Working Party (CDWP) has cleared three development projects costing Rs 15.7804 billion and recommended the projects to the National...

962

Pakistan earned $360 million from export of travel services in 8 months

Pakistan has earned $360.034 million by making available different travel services in many countries during the first eight months of the current...

GIK offers Rs 25,000 stipend at Pakistan’s first residential incubator. Here’s what to know

Ghulam Ishaq Khan Institute of Engineering Sciences and Technology (GIK Institute) has announced that applications for the 10th cohort of The Catalyst Incubator are...

From sanitary worker to assistant director in NADRA: the story of Taj Muhammad

‘Hard work never goes in vain’- This phrase has been proved by a Grade 2 employee from Balochistan, Muhammad Taj, who has...

937

Khyber Pakhtunkhwa

Mashoom app launched to save maternal and infant lives in KP’s tribal districts

The Khyber Pakhtunkhwa government has introduced the Mashoom Health Application, which is a part of its special emphasis programme (SEP), intended to...

Bureaucracy

Mahrukh Chohan becomes youngest candidate to pass CSS Customs exam

A 23-year-old, Mahrukh Chohan from Bahawalpur, has made history by becoming the youngest Central Superior Services (CSS) officer to be a part...

employment

Skilled Pakistani labour will soon be offered employment opportunities in Italy

Italy is looking forward to giving Pakistan comprehensive market access to its labour market, Pakistan’s Ambassador to Italy, Jauhar Saleem revealed. While...

4.2K

PIA opens first engineering hangar for aircraft maintenance at Islamabad airport

Pakistan International Airlines (PIA) has initiated its first engineering hangar for aircraft maintenance at the Islamabad International Airport (IIA). The hangar is...

1.7K

Current Account deficit

Pakistan’s current account deficit jumped to $13.17 billion in 9 months

The current account deficit of the country has almost doubled in March to $1 billion as compared to the previous month, taking...

Following Imran’s visit, Russia prepares 4-year economic cooperation plan with Pakistan

After the visit of last Pakistan Prime Minister Imran Khan to Moscow, Russia has shared a draft four-year (2022-2025) roadmap for development...

896

ADB disburses $1.31 billion in loans and grants to Pakistan

The Asian Development Bank (ADB) has given loans and grants of almost $1.31 billion to Pakistan in 2021, including $1.01 billion from...

Pakistan to set up new LNG terminal on coast of Arabian Sea with China’s help

Daewoo Gas has signed contract with China National Chemical Engineering Group Corporation (CNCEC) on April 21 to set up a new LNG...

2.1K

Sihala Flyover will be constructed on Kahuta Road by FWO in one year

The Sihala Flyover project has been given to Frontier Work Organisation (FWO) after terminating the contract with a private company, the city...

1.8K

Inflation

World Bank says rising food prices to curtail purchasing power of Pakistanis

According to the World Bank, the rising food and energy prices in Pakistan is likely to decrease the real purchasing power of...

Pakistan exported 13,866 tons of fish meal to China in Jan-Feb

Export of Pakistan’s fish meal to China hit 13,866 tons crossing a value of over $15.68 million, a year-on-year increase of 250.59%...

Dates processing factory set up at a cost of $6.36 million in Panjgur begins production

The UAE-Pakistan Assistance Programme (UAE PAP) has announced to begin commercial production at a dates processing factory in Panjgur in Balochistan, which...

961

Featured

PM Shehbaz Sharif announces end to loadshedding from May 1

As crippling power outages continue, Prime Minister Shehbaz Sharif has issued the orders to end loadshedding in the country from May 1. ...

Hot

BRT to be launched from Peshawar’s Hayatabad to Warsak Road

The Khyber Pakhtunkhwa government is looking forward to starting Bus Rapid Transit (BRT) on Ring Road between Hayatabad and Warsak Road for the facilitation...

KP govt failed to launch 10 major foreign funded projects worth over Rs 203 billion

The Khyber Pakhtunkhwa (KP) government failed to start 10 major foreign-funded projects costing more than Rs 203 billion in the current fiscal...

Meezan Bank surpasses HBL to become second most profitable bank after UBL

United Bank Limited (UBL) reported a net profit of Rs 9.394 billion for the quarter ended March 31, followed by Meezan Bank...

771

Automotive

ECC approves Rs 68.7 billion grant to provide petroleum products at subsidised rates

Economic Coordination Committee (ECC) has approved Rs 68.7 billion supplementary grant to pay for the cost of providing the petroleum products at...

866

Deposits held by banks increased to reach Rs 20.47 trillion in March

On a month-on-month (MoM) basis, the total deposits held by banks have shown an increase of 2.9 percent to reach Rs 20.47...

836

Health startup medIQ raises $1.8 million in pre-seed round

Health-tech startup medIQ raised $1.8 million in a pre-seed round, CEO and founder Dr. Saira Siddique said in an interview. The startup...

Foundation stone of 303km Khuzdar-Kuchlak highway laid in Balochistan

Prime Minister Shehbaz Sharif has laid the foundation stone of 303km Khuzdar-Kuchlak highway in Balochistan on Saturday, ensuring to expedite development projects...

30,000 acres of land being made fertile in Punjab annually

Almost 30,000 acres of barren land are being made fertile annually in Punjab. The official sources in Agriculture Engineering Department said that...

Pakistan Railways reduces train fare by 30% for Eid’s three days

Federal Railways Minister Khawaja Saad Rafique on Friday announced a 30 percent reduction in train fare on the occasion of Eid-ul-Fitr. The railway’s minister...

928

gas connection

Pakistan to develop Strategic Underground Gas Storage at a cost of Rs 127 billion

Pakistan will produce a Strategic Underground Gas Storage (SUGS) at a cost of Rs. 27 billion. The bankable feasibility study in this...

647

Medical oxygen plants to be set up in Punjab and KP hospitals

The United Nations International Children’s Emergency Fund (Unicef) is going to set up medical oxygen plants in four districts of the Punjab...

Pakistan’s food exports up by 18.92% to $3.961 billion in 3 quarters

Pakistan’s food exports witnessed a hike of 18.92 percent during the first three quarters of the current fiscal year against the corresponding...

999

Maryam Nawaz

Shehbaz, Nawaz, Maryam and other 150 people removed from Exit Control List

The new government has removed names of several high-profile personalities, including Prime Minister Shehbaz Sharif, from the no-fly list. The Cabinet in its maiden...

Imran Khan breaks a world record on Twitter

Pakistan Tehreek-e-Insaaf (PTI) Chairman and former Prime Minister Imran Khan has smashed a global record on Wednesday after he spoke in a live...

CPEC

NHA allows PC-1 of Rs 44 billion for Muzaffarabad-Mansehra CPEC Link Road

The Executive Board of the National Highway Authority (NHA) has recommended the PC-I for the construction of the Muzaffarabad-Mansehra (China Pakistan Economic...

Pakistani musician Jibran Raheel wins global singing contest in Turkey

Pakistan’s talented musician, Jibran Raheel, has made the country proud after he won the international singing contest held in Turkey. The ‘Jhoota...

Pakistan’s non-textile exports jump by 24.28% to $9.11 billion in nine months

The country’s non-textile exports have jumped by 24.28 percent year on year to $9.11 billion during the first nine months of the...

1014-MW Karachi nuclear unit 3 powered by Chinese reactor starts operation

A nuclear power unit in Pakistan using China’s Hualong One reactor has started commercial operations from Monday, as per the China National...

2.4K

Rawalpindi’s Peshawar Road from Koral to Motorway Chowk to be made signal free

Divisional Commissioner Noor ul Amin Mengal said on Tuesday that a proposal has been formulated to make the Rawalpindi section of Peshawar...

982

Food

Pakistan’s petroleum and food imports surged to $21.87 billion in three quarters

Pakistan’s petroleum and food import bill increased by 59.98 percent to $21.87 billion during the July-March period against $13.67 billion in the...

1.7K

PTI promised five million houses but constructed only 59,000 housing units

Only around 59,000 housing units have been worked upon across the country out of which 20,000 have been completed so far under...

2.3K

Pakistani startups raised record $540 million across 99 deals since 2021

Pakistani startups finally joined the big league, collectively raising a record $540 million from 2021 to 2022 first quarter across 99 deals....

Diamer Bhasha Dam

PM Shehbaz calls for completion of $2.8 billion Diamer-Bhasha dam three years early

The construction of the mega project of the Diamer-Bhasha dam would prove to be a lifeline for the country’s future, improve the...

3.9K

Arif Anis named Freeman of the City of London for One Million Meals campaign

Well-known author and thought leader Arif Anis became the first Pakistani author to be bestowed with the highest honors from the city of...

2.0K

Construction work begins on Rawalpindi Ring Road project at Baanth

Rawalpindi Commissioner and Project Director Ring Road Rawalpindi Noorul Amin Mengal performed the groundbreaking ceremony of the construction work of Ring Road...

1.7K

Electricity

27 power plants out of order due to technical problems, Shehbaz told

The Power Division told Prime Minister Shehbaz Sharif that currently there was no electricity shortage in Pakistan and power plants were shut...

Private sector borrowed Rs 1.198 trillion from banks in three quarters

The overall bank credit to the private sector increased by 170 percent during the first nine months of the present fiscal year...

Pakistan’s industrial output grew 8.6% in February

The large-scale manufacturing (LSM) has risen 8.6 percent year-on-year in February, the Pakistan Bureau of Statistics (PBS) revealed the Pakistan’s industrial output...

Khyber Pakhtunkhwa

Mansehra-Naran-Jalkhad Road reopened to all sorts of traffic after 6 months

The Mansehra-Naran-Jalkhad (MNJ) Road has been reopened to all sorts of traffic till the Batakundi area on Sunday, facilitating to reviving and...

Electricity

KP borrows Rs 7.2 billion from banks for fast completion of energy projects

Corporate commercial financing has been initiated for the first time in Khyber Pakhtunkhwa intended to help expeditious construction of ongoing energy projects....

Cannes Film Festival

Saim Sadiq’s Joyland becomes first Pakistani feature to be selected for Cannes

Year 2022 is proving to be auspicious for Pakistan’s entertainment industry. After Arooj Aftab shook the nation by winning Pakistan’s first Grammy and now...

2.1K

World Bank raises Pakistan’s growth forecast to 4.3% from 3.4%

Reducing Pakistan’s economic growth rate prediction for the present fiscal year by nearly one percent, the World Bank (WB) stated that the...

marketplace

B2B raw material marketplace Zaraye raises $2.1 million in pre-seed funding

Zaraye, a Karachi-based business-to-business raw materials marketplace, earned $2.1 million in a pre-seed round headed by Tiger Global and Zayn Capital, as...

Edhi Foundation

Moments of silence observed globally for Bilquis Edhi

Apex academic institutions in over 90 countries observed ‘Moments of Silence’ for Ms Bilquis Edhi, as a mark of reverence at the...

888

Dow University of Health Sciences starts free liver transplants

The Dow University of Health Sciences (DUHS) Karachi has initiated the process of free liver transplants for marginalized patients as the Sindh...

704

SECP registered 2,354 new companies in March

The Securities and Exchange Commission of Pakistan (SECP) has done the registration process of 2,354 new companies in March 2022, making the...

Debt

Debt to GDP ratio falls to 72% in FY21, 67% till Dec FY22

Public debt, as a percentage of Gross Domestic Product (GDP), fell to 72 percent in the fiscal year 2021, from 76.6 percent...

750

UET wins Microsoft Imagine Cup 2022 and awarded $10,000 seed capital for startup

The University of Engineering and Technology (UET) Peshawar team has secured the 2022 Microsoft Imagine Cup in Pakistan. Microsoft Imagine Cup is...

866

Pakistan’s exports to China crossed $67 million in first two months of 2022

Pakistan’s exports to China crossed $ 67 million in the first two months of 2022, which recorded a nearly 23% year-on-year increase....

941

Oil drops below $100 on China demand fears

Oil prices have shown a decrease of about 4 percent on Monday, with Brent crude falling below $100 a barrel on worries...

996

New National Assembly Speaker to verify resignations of PTI MNAs

Newly-elected National Assembly Speaker Raja Pervaiz Ashraf on Saturday directed the assembly secretariat to deal with the of resignations tendered by 123 Pakistan...

915

Pakistan’s export of services reached $4.49 billion between Jul-Feb

Export of services has hiked up 18.17 percent during the first eight months of the present fiscal year from a year ago,...

PM Shehbaz Sharif abolishes Saturday off for government employees

Prime Minister Shehbaz Sharif has abolished Saturday off for the government employees. There will be only one weekly off day in government...

Punjab government procured 397,553 tonnes of wheat from farmers so far

Up till now, Punjab has procured about 0.5 million tonnes of wheat as harvesting in the province’s southern part picks up the...

950

Pakistan’s remittances reach historic high of $2.8 billion in March

Workers’ remittances remained beyond $2 billion for a record 22nd successive month, having an inflow of $2.8 billion received in the month...

840

Saudi Arabia distributes 25,000 food baskets during Ramadan to neediest Pakistanis

Saudi Arabia has granted 25,000 food packages to Pakistan to distribute amongst the destitute groups in the holy month of Ramadan. For this...

998

Imran Khan says he was not dangerous when in government, but he will be now

Former Prime Minister and PTI Chairman Imran Khan has questioned the courts why the doors of the courts were opened late at...

Khyber Pakhtunkhwa

Initiative launched to provide safe drinking water to 70,000 residents in K-P and Sindh

A four-year water and sanitation initiative has been launched on Thursday for the provision of safe drinking water to 70,000 citizens in...

729

Almost the entire global population still breathe unhealthy air

Almost 99 percent of the population all over the entire globe breathe air that surpasses WHO air quality restrictions and threatens their...

955

Exports up 17.3% to $2.78 billion in March; reaches $23.22 billion in FY22

Pakistan’s exports in March 2022 increased by 17.3 percent to $2.773 billion when compared to $2.365 billion in March 2021, according to...

867

cotton

Target for cotton production set at 11 million bales

The Federal Committee on Agriculture (FCA) has set the cotton production target at 11 million bales from the cultivation of over a...

775

Canada

Professor Zulfiqar Bhutta wins prestigious Canadian healthcare award

Well-known Pakistani healthcare professional and researcher, Dr. Zulfiqar Bhutta, has been bestowed with the John Dirks Canada Gairdner Global Health Award as...

949

FBR

FBR exceeds nine-month tax collection target by Rs 247 billion

The Federal Board of Revenue (FBR) succeeded to exceed its collection target by Rs 247 billion from July to March during the...

954

Khyber Pakhtunkhwa PDWP approves more projects worth Rs 20 billion

In its 18th meeting, the Khyber-Pakhtunkhwa Provincial Development Working Party (PDWP) gave approval to 17 development projects at Rs 20 billion in...

Steel prices rise for second time in April to all-time high of Rs 227,500 per ton

The second increase in the ongoing month has pushed the steel bar price to an all-time high of 227,500 per tonne due...

982

Pakistan’s exports to seven regional countries reached $2.95 billion in 8 months

Pakistan’s exports to seven regional countries observed growth of 26.47 percent during the first eight months of the financial year (2021-22), the State...

Pakistani artist paints vibrant truck art in Sri Lanka

Ali Salman Anchan, a famous entrepreneur and artist showcased Pakistan’s indigenous truck art in Sri Lanka through an amazing wall painting project. Ali...

Work to start soon on 88-km long Swat Motorway Phase-II

Mahmood Khan, Khyber Pakhtunkhwa (KP) Chief Minister will inaugurate the Swat Motorway Phase-II next week. As per the sources, CM Mahmood Khan...

Quetta makes history with first successful wrist replacement surgery

In Quetta, a group of surgeons on Thursday successfully accomplished the first wrist replacement surgery, saving a young man from disability for...

2.1K

Healthcare

Free treatment under Sehat Card continues across Pakistan

A statement issued by the Punjab Health Department unveiled that the Punjab Government has extended the Naya Pakistan Health Card Scheme all...

ECC approved 79 billion subsidy to export sectors

The Economic Coordination Committee (ECC) of the Cabinet has approved almost Rs 97 billion worth of supplementary grants comprising Rs 16 billion...

Pakistan earns $315 million from export of travel services in seven months

Pakistan has earned $315.030 million by giving various travel services in different countries in the first seven months of the current financial...

employment

PTI government created 5.5 million jobs in three years despite Covid-19

Pakistan’s economy has created 5.5 million jobs in the last three years, on an average of 1.84 million jobs a year, which...

PTV earns highest-ever revenue of Rs 4 billion

Minister for Information Fawad Chaudhry stated that State-run Pakistan Television Corporation (PTV) finally succeeded in achieving its “highest-ever” revenue target of Rs...

foreign direct investment

Profits on foreign investments increased by 9% to $1.146 billion in eight months

According to the report, issued by the State Bank of Pakistan on Tuesday, the outflows of profits and dividends on foreign investments...

Russian University to provide scholarships to Punjab University students

Punjab University pen down an agreement with the Peoples’ Friendship University of Russia which says that the latter will grant scholarships to...

306 KM 6-lane Sukkur to Hyderabad M-6 Motorway to be built at a cost of Rs 307 billion

The Public-Private Partnership Authority (P3A) Board gave nod to the Public-Private Partnership (PPP) Agreement for the construction of Sukkur-Hyderabad Motorway (M-6) and...

CDA developed around 50 new parks costing Rs 341 million across Islamabad

The Capital Development Authority (CDA) has contributed a lot to the promotion of tourism in the city as it developed about fifty...

Arooj Aftab becomes first Pakistani singer to win a Grammy for Urdu song Mohabbat

Brooklyn-based Pakistani vocalist Arooj Aftab on Sunday scored her first Grammy, grabbing a prestigious trophy for her song “Mohabbat” in the Best Global...

Pakistan’s economy majorly hit by Russia-Ukraine war

United Nations Conference on Trade and Development (UNCTAD) says Angola, Egypt, Mongolia, Pakistan and Sri Lanka were among countries that appear vulnerable...

Heatwave to continue in Pakistan through at least April 8

The Pakistan Meteorological Department has warned that a heatwave is expected to grip the country in the coming 10 days, the public...

Cattle Market

Over 30,000 cattle affected by lumpy skin disease in Sindh

The number of cattle suffering from lumpy skin disease has crossed 30,000 on Monday and more than half of the cases were...

Riz Ahmed shares heartfelt thoughts about winning Oscar for ‘The Long Goodbye’

Riz Ahmed, the Pakistani British actor, and musician secured his first Oscar for the short film The Long Goodbye. The star of ‘Sound...

1.9K

Automotive

Pakistan’s first all-steel radial tire plant, Service Long March, starts production

Pakistan’s first all-steel radial truck/bus tire plant, Service Long March Tyres Pvt Ltd, kicked off production recently under China-Pakistan Economic Corridor (CPEC)....

2.0K

employment

Pakistan outperforms all regional economies with lowest unemployment rate

According to the World Bank data, Pakistan outperformed all regional economies during the 2020-2022 COVID period, with the lowest unemployment rate in...

706

All you need to know about tuberculosis

World Tuberculosis Day 2022 is recognized to create awareness about the critical bacterial disease that affects the lungs. March 24 was the...

Population of Pakistan’s rare black deer increases after 53 years

Punjab Wildlife took first successful step to release rare species of black deer into its natural habitat to show constructive results as the population...

962

Private sector credit off take reached to Rs 911 billion

The increasing trend of oil prices and other commodities at the international level compelled the State Bank of Pakistan to enhance the...

‘The Kite Runner’ is getting a Broadway adaptation starring Faran Tahir

Pakistani-American actor Faran Tahir has been cast in the Broadway play The Kite Runner written by Afghan-American author Khaled Hosseini. Tahir has been featured...

Gwadar

Afghan, Gwadar chambers of commerce explore Gwadar trade activities

To boost up commercial and business activities in Gwadar, Gwadar Chamber of Commerce and Industry (GCCI) explored Gwadar trade activities in a...

Govt implements mechanism for improving fiscal discipline

The government has announced the latest mechanism for annual and multi-annual fiscal commitment controls for all ministries, sectors and concerned departments, and...

981

IMF

IMF proposes to tax wealthy people at uniform rate of 30%

The International Monetary Fund (IMF) has suggested to tax upper middle class and well-off people having revenue in the bandwidth of Rs...

Current Account deficit

Pakistan’s current account deficit widens to $12.1 billion in eight months

The monthly current account deficit has shrunk to the lowest figures of $0.5 billion in February during the current fiscal year. Prime...

Gwadar

Saudi firm to set up refinery in Gwadar to assess Reko Diq gold, copper quantity

Regarding the recent agreement on the Reko Diq copper and gold mining project with a Canadian company, Balochistan Chief Minister Mir Abdul...

Wheat purchase in Punjab starts in the first week of April

According to the sources of the provincial food department, Punjab is planning to start the procurement of wheat during the first week...

865

Pakistan’s economy maintains growth momentum in first quarter of FY22

State Bank of Pakistan (SBP) said Pakistan’s economy has maintained growth momentum in first quarter of fiscal year 2021/2022. The present government...

Islam

Plant to recycle sacred papers to be established in Islamabad

The Ministry of Religious Affairs approved a project to create a recycling plant in the federal capital to discard old sacred papers...

PPP MPA Heer Soho set to become first-ever woman tribal head in Sindh

Heer Ismail Soho, Pakistan Peoples Party (PPP) member of Sindh Assembly, is going to be the first-ever woman chief of any tribe...

635

Cancer

Decade-long study shows artificial sweeteners in diet sodas, snacks may up cancer risk

The use of artificial sweeteners could be a factor for high risk of developing cancer, a large-scale study had highlighted. However, experts...

Trade with China via Khunjerab Pass resumes after more than two years

China has announced to open the Khunjerab border from April 1, 2022, for trade activities as the land route between Pakistan and...

Repair work on two-lane road from Malir Kala Board to Saudabad Chowrangi started

The Karachi Metropolitan Corporation (KMC) has begun the rehabilitation work of a two-lane road from Malir Kala Board to Saudabad Chowrangi along...

Fisheries

Pakistan exported fish worth $362 million and meat worth $221 million in 8 months

Pakistan exported fish and fish preparations worth $362 million and meat and meat products worth $221 million in 8 months. Around $30...

CDA allotted 282 plots to people affected by land acquisition in sector E-12

On Monday, the Capital Development Authority (CDA) has allotted 120 more plots to people who were affected by land acquisition in sector...

ADB approves $300 million for development of Pakistan’s capital markets

The Asian Development Bank (ADB) approved a loan of $300 million on Tuesday for the improvement of Pakistan’s capital markets, enhancement of...

Hotel

5-star hotels be constructed in Mansehra’s Ghanool and Swat’s Mankial

Private company signed an agreement with Khyber Pakhtunkhwa government to establish five-star hotels in Mansehra’s Ghanool and Swat’s Mankial to facilitate tourists...

Pakistan Movement Park inaugurated along Islamabad Highway in Sector H-8

The chairman of the Capital Development Authority (CDA), Amer Ali Ahmed, inaugurated the Pakistan Movement Park in Sector H-8 on Thursday, with the aim...

930

Foreign exchange reserves

Punjab to elect new CM as Buzdar steps down

The Punjab Chief Minister Sardar Usman Buzdar has given his resignation on Monday when the joint Opposition submitted a no-confidence drive against...

941

SBP reserves drop $869 million to $14.96 billion on debt repayments

A massive outflow of $869 million week-on-week mainly for debt repayments dragged the foreign exchange reserves of the State Bank of Pakistan...

Arooj Aftab featured on Times Square Billboard as Spotify’s artist of the month

Pakistani-American singer and two-time Grammy nominee, Arooj Aftab, has been featured on Times Square Billboard as Spotify’s Ambassador for ‘EQUAL Pakistan’. Aftab...

750

China to promote Pakistan’s exports by allowing import of more Pakistani rice

Foreign Minister Shah Mahmood Qureshi declares that Beijing desired to encourage Pakistani exports to China by permitting the import of more Pakistani...

Rupee hits historic low of Rs 182.34 in inter-bank

The downfall of Pakistani rupee continued its record-breaking trend, when it hit a new all-time low at Rs 182.34 compared to the US...

Karachi

Steps taken to raise Karachi traffic police to international standards: new chief

The newly posted Karachi traffic police chief is looking forward to bringing the city traffic police up to international standards and said...

994

Salman Iqbal, Rohail Hyatt, Kishwar Naheed among 45 to receive civil awards

President Dr Arif Alvi on Wednesday conferred civil awards on prominent citizens of Pakistan as well as foreign nationals for showing gallantry...

970

Number of companies registered by SECP reached 158,537 till end of 2021

The Securities and Exchange Commission of Pakistan (SECP) struck off over 3,000 inactive companies from its books during the period of December...

First of four PHA’s underground rainwater harvesting tanks inaugurated in Rawalpindi

Provincial Minister for Literacy and Non-Formal Education Raja Rashid Hafeez and Chairman Parks and Horticulture Authority (PHA) Rawalpindi Asif Mehmood inaugurated PHA’s...

908

China investing over $400 billion in nearly 600 projects across Muslim world

China is looking forward to investing over $400 billion in almost 600 projects all over the Muslim world under the Belt and Road...

Govt decides to cut development budget by Rs 300 billion

In the budget of 2021-22, Rs 900 was allocated for the Public Sector Development Programme (PSDP) but International Monetary Fund asked the...

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competition

Pakistan’s Emma Alam beat over 100 competitors to win global speed reading competition

Pride of the country- Emma Alam from Pakistan won the 13th World Speed Reading Championships finals, defeating more than 100 competitors across...

B2B e-commerce startup Jugnu raises $22.5 million in Series A Round funding

Pakistan-based Jugnu, a B2B E-commerce startup, has succeeded to raise US$22.5 million. The Series A round was headed by Saudi-HQ’d and MENAP servicing B2B...

Pakistan can earn about $2 billion through potato export to China

Pakistan can earn about $2 billion through potato export to China as containers are available at cheaper rates to local exporters. Pakistan...

Cement

Cement prices increase to all-time high of Rs 870 amid rising costs and more demand

Cement prices have shown an immense increase due to escalating coal rates, limited supplies, and other related problems, consequently increasing the cost...

Depression

Depression, anxiety on the rise among youth of Karachi

A recent scientific study discovered that levels of anxiety, depression, and stress are increasing mostly among the young population of Karachi. The...

industrialization

Large scale manufacturing grows 7.6% in seven months

The large-scale manufacturing (LSM) increased 8.2 percent year-on-year in January, the Pakistan Bureau of Statistics (PBS) stated. As per the data, during...

Coal Power

Govt working on policy for conversion of coal to gas and liquid fuels

During the era of decreasing domestic gas production and high-priced fuel imports, a new policy to convert Coal-to-Gas (LTG) and Coal-to-Liquid (CTL)...

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European Union

Trade between Pakistan and 28 EU member states reached €12.2 billion in 2021

EU and Pakistan bilateral trade has showed an increase by 78 percent to €12.2 billion in 2021 from €6.9 billion in 2013, largely...

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CPEC

Special Economic District at Gwadar Smart Port City to be made tax-free zone under CPEC

The Gwadar Smart Port City Master Plan says the proposed special economic district (SED) is expected to get tax-free status. In accordance...

Pakistan’s exports of textile and clothing reached $12.6 billion so far in FY22

Pakistan’s textile exports has witnessed an increase of 26 percent to hit a record high of $12.6 billion in the first eight...

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Rs 250 per 40 kg increase in minimum support price of wheat to Rs 2,200

The government has increased the minimum support price for wheat by 13 percent, setting a public sector procurement target of 6.9 million...

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gas shortage

Pakistan continues with $3 billion gas pipeline amid Russia sanctions

Pakistan plans the groundbreaking of $3 billion gas pipeline by the year-end with financial and technical support from Moscow at the time when...

954

engro

Engro partners with WWF-Pakistan for conservation of Indus River dolphin

WWF-Pakistan and Engro Foundation, the social investment arm of Engro Corporation, will be mutually working together for the conservation and management of...

health insurance

Smartbenefits launches affordable employee health insurance for SMEs

The first-ever Pakistan-based health insurance startup ‘Smartbenefits’ is facilitating employers by making healthcare benefits accessible and affordable for them. According to the...

Pakistan attracts $1.26 billion in foreign direct investment in eight months

Total foreign direct investment (FDI) into Pakistan rose 6.1% to $1.26 billion during the July–February 2021-22 compared to $1.19 billion in the...

930

Pakistani art and culture to be displayed at different places of country’s airports

The Federal Government plans cultural displays at airports to encourage the culture of all provinces, it was expressed at a meeting held...

Cement

Chinese companies to set up cement factories in Pakistan

Pakistan has invited big Chinese companies to establish cement factories and is planning for zero duty on these products to increase their...

Hungary

BOP President and CEO, Zafar Masud, awarded Hungary’s highest civil award

President & CEO of The Bank of Punjab, Zafar Masud, was bestowed with the highest civil award of Hungary for leading the...

Development

Punjab utilized Rs 300 billion from Rs 458 billion development funds in eight months

Usman Buzdar, the Chief Minister of Punjab remained under severe criticism by the different political quarters of the country since the time...

963

Bank advances to private sector more than doubled to Rs 874.3 billion in eight months

Macroeconomic indicators are showing an optimistic picture of the economy of Pakistan as private sector credit off-take is more than doubled in...

38.3 km long Rawalpindi Ring Road project will complete in two years

The construction work of 38.3 km long main carriageway from Baanth (N-5) to Thallian (M-2) under Rawalpindi Ring Road project would be...

PIA begins direct flights from Lahore and Karachi to Azerbaijan’s capital Baku

The flight operations for Baku have been started by Pakistan International Airlines (PIA) with two flights from Karachi and Lahore that carried...

In a first, private students allowed to take matric exam in science subjects

The Inter Board Committee of Chairmen (IBCC), a meeting of heads of education boards in Pakistan, permitted private students all over Pakistan...

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Pakistani startups raised staggering $563.5 million in 255 deals since 2015

Pakistani startups have raised $563.5 million in 255 deals from the year 2015. Only in 2021, 83 deals raised $350 million, revealed...

fertilizer

50 kg urea bag price increased to Rs 1,934

Fauji Fertilizer Company (FFC), one of the leading fertilizer manufacturing companies has raised the price of its 50 kg urea bag to...

copper mine

Pakistan to restart gigantic Reko Diq copper-gold project after a decade

Barrick Gold Corporation of Canada and the governments of Pakistan and Balochistan pen down a contract on a framework to help for...

Karachi

Ecnec approves Rs 201.57 billion for Karachi Circular Railway project

The Executive Committee of the National Economic Council (ECNEC) approved Karachi Circular Railway as an up-to-the-minute urban railway under Public Private Partnership...

CDA inaugurates new Hill Park in Sector G-10/4 Islamabad

Capital Development Authority Chairman Amir Ali Ahmed had inaugurated a new park called Hill Park on 3rd Road in Sector G-10/4 Islamabad....

Fashion

In a first, Pakistani artist Rabia Zakir unveils solo art exhibition in Madina

Rabia Zakir, a Pakistani artist, became the first international painter as she has been given the honor to have a solo display...

Khyber Pakhtunkhwa to have 1,000 more girls community schools

The establishment of 1,000 more girls’ community schools in the upcoming academic year has been decided by the Elementary and Secondary Education...

Nadra

Over 8.2 million overseas Pakistanis registered with Nadra

Over 8.2 million overseas Pakistanis having National Identity Card for Overseas Pakistanis (Nicop) had been registered with National Database and Registration Authority (NADRA),...

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PM Imran Khan to launch Rs 581 billion South Punjab development package

Prime Minister Imran Khan will be launching Rs 581 billion South Punjab development package for the upgradation of ruined infrastructure, developing the...

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internet

USF launches 7 projects worth Rs 8 billion to provide broadband services to over 2.5 million people

The Universal Service Fund (USF) on Monday initiated seven projects costing over Rs 8 billion to deliver broadband services to unserved and...

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Pakistan and United States relaunch Trade and Investment Framework Agreement

Pakistan and the United States have relaunched the Trade and Investment Framework Agreement (TIFA) to strengthen and revitalize trade and business affiliations...

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Import

Import of duty-free items surge 66% to $23.42 billion in eight months

The increase in the import of duty-free items during the month of February was found to be 42.41 percent to $2.67 billion as compared...

991

New studies find more evidence supporting natural origin of SARS-CoV-2

The research teams from different countries have recently published three reports which discovered that some zoonotic origins were the cause of the...

Overseas Pakistani

Govt to install e-gate system at airports to facilitate overseas Pakistanis

The government is looking forward to introducing an e-gate system for the facilitation of overseas Pakistanis at the time they arrive in Pakistan,...

First transgender school to be opened in Lahore

The Punjab government is looking forward to opening a transgender school in the Barkat Market of Lahore, the Punjab School Education Department...

CDA to construct 7.8 km long Bhara Kahu Bypass to address traffic problems

The Capital Development Authority (CDA) is looking forward to constructing a 7.8-kilometer long ‘Bhara Kahu Bypass’ in order to cater to the...

UAE interested in acquiring 747-MW Guddu Power Plant

The United Arab Emirates (UAE) has expressed its objective to get combined cycle 747-MW Guddu Power Plant (GPP), sources in Privatisation Commission...

Technology

Soul Sisters Pakistan founder Kanwal Ahmed interviewed by YouTube CEO

Kanwal Ahmed, a distinguished Pakistani motivator, activist, entrepreneur, executive producer, and founder of the Facebook page Soul Sisters Pakistan, has been spotted...

Cut-off yield on T-bills increased by up to 130 basis points

The cut-off yields on the Treasury Bills (T-Bills) were found to enhance by up to 130 basis points on Wednesday. It took...

19% children in Pakistan remained out of school in 2021

About 19% of children did not go to school last year in the country while the contribution of private ones dropped down...

914

Pakistan fully engaged with IMF for revival of bailout package

The finance ministry has said that Pakistan is fully engaged with the International Monetary Fund (IMF) over a $1 billion loan tranche...

987

Canada

Trade between Canada and Pakistan jump to CAD $1.25 billion

The Canadian High Commission in Pakistan stated that Pakistan’s exports to Canada posted an increase of 24 percent in 2021. The High...

Multi-role J-10C fighter jets inducted into PAF fleet

The Pakistan Air Force (PAF) has disclosed the latest addition to its fleet – the next-generation Chinese J-10C fighter jets. The announcement...

Steel price raised twice in four days to rise above Rs 208,000

Manufacturers have increased the price of steel bars by up to Rs 8,000 to above Rs 208,000 per tonne in less than...

Japan installs weather surveillance radar in Karachi to cover 450 km radius

An ultra-modern weather surveillance radar has been initiated in Karachi. The radar is funded by Japan, with the ability to cover the country’s southern...

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