Pakistan
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476Govt 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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945IsDB gives Pakistan $180 million for 800 MW Mohmand Dam hydropower project
The Pakistani government and the Islamic Development Bank (IsDB) have signed three Framework Agreements totaling $180 million to fund the Mohmand Dam...
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518Cement 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...
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492Depression, 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...
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455Large 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...
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462Govt 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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425Trade 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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451Special 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...
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516Pakistan’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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507Rs 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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449Engro 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...
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508Smartbenefits 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...
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473Pakistan 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...
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567Chinese 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...
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503BOP 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...
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465Punjab 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...
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439Bank 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...
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72138.3 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...
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56150 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...
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491Pakistan 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...
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518Ecnec 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...
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477IMF asked Pakistan to show how it would fund $1.5 billion subsidy package
The International Money Fund (IMF) had said it needed Pakistan to explain how it would fund a $1.5 billion subsidy package announced...
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616CDA 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....
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525Over 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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418PM 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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421USF 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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392Import 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...
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563Govt 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,...
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706CDA 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...
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1.8KInquiry ordered against airport staff on complaint of overseas Pakistanis
Ejaz Ahmad Qureshi, the Federal Ombudsman, has taken serious note of complaints filed by Overseas Pakistanis, particularly South African Overseas Pakistanis, against...
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602UAE 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...
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474Cut-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...
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435Pakistan 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...
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473Trade 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...
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516World Bank approves $435 million to finance low-cost housing projects in Pakistan
World Bank (WB) has approved $435 million loans for three housing projects in Pakistan to facilitate low income groups. The three Pakistani...
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586Steel 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...
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477Japan 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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5085 Tips to Maintain a Healthy Lifestyle in Pakistan
It is critical to live a healthy life in order to be happy and active. Our lives are so stressful these days,...
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514Inflows under Roshan Digital Account reach $3.632 billion ending February 2022
State Bank of Pakistan has revealed that the total inflows under Roshan Digital Account (RDA) have touched $3.632 billion at the end...
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531ECC approves Rs 8.2 billion subsidy for Ramazan relief package
A total of Rs 8.28 billion Ramazan package has been approved by the Economic Coordination Committee (ECC) of the Cabinet under which...
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534Pakistan, Afghanistan agree to allow free movement of cargo trucks
Pakistan and Afghanistan have made a contract to permit free movement of each other’s trucks carrying trade shipments between the two countries...
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626Loss-making Millat Tractors shuts down production operations
Millat Tractors Limited (MTL), Pakistan’s largest agricultural machinery manufacturer, has closed due to a severe funding crisis. According to MTL, the whole...
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515First rainwater storage tank with 100,000 gallons capacity completed in Rawal Park
The first underground rainwater tank with a storage capacity of 100,000 gallons has been constructed at Rawal Park. The Parks and Horticulture...
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553ISKP claims responsibility for suicide bomb attack in Sibi
Islamic State Khorasan Province (ISKP) claimed responsibility for a suicide attack that took place on Tuesday in Sibi district of Balochistan in...
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798Trial run of Metro Bus Service to Islamabad Airport to start in April’s first week
The much-anticipated metro bus service from Peshawar Morr to Islamabad International Airport is expected to become operational next month (April 2022). As...
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68511 sectors record double-digit growth in exports in February
The exports of 11 sectors, comprising value-added textiles, showed double-digit growth in February when compared to the corresponding month last year. According...
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497State Bank leaves policy rate unchanged at 9.75%
The State Bank of Pakistan (SBP) kept the interest rate at 9.75 percent for the next six weeks, in line with market...
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579Khyber Pakhtunkhwa PDWP approves development projects worth Rs 30.6 billion
The Provincial Development Working Party (PDWP) has approved development schemes costing Rs 30.602 billion in Khyber Pakhtunkhwa. The projects were approved in...
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50844% Pakistanis disturbed over rising inflation and unemployment
At least 80 percent of Pakistanis have the opinion that the country is moving in the wrong direction. The top concerning issues...
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550Karachi’s Shaukat Khanum cancer hospital to be opened by end of next year
Prime Minister Imran Khan has said the Karachi branch of Shaukat Khanum Memorial Cancer Hospital will be operational by the end of...
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443Rs 20 billion proposed for paying price differential to Oil Marketing Companies
The Petroleum Division and Ministry of Energy has proposed Rs 20 billion initially as supplementary grant for payment of Price Differential Claim...
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621SBP directs banks to employ 20% women by 2023
State Bank of Pakistan has directed banks across the country to employ at least 20 percent of women by 2023. Addressing the...
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451Trade deficit widens to $32 billion in eight months
Pakistan’s trade deficit has widened by 82.26% to almost $32 billion in eight months (July to February) of the ongoing financial year...
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681India regrets accidental firing of nuclear-capable BrahMos missile that landed in Pakistan
India’s military unintentionally fired a missile into Pakistan, according to the defence ministry in New Delhi, which described the incident as “very...
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422In a first, Pakistan elected to UN Environment Assembly
Malik Amin Aslam, Special Assistant to Prime Minister (SAPM) on Climate Change, has been chosen as vice president of the UN Environment...
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504Alvi attends event on Pakistan’s first open-source RISC-V microprocessor
The Usman Institute of Technology University has developed Pakistan’s first open-source microprocessor and now the country is looking forward to creating its...
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494Punjab allows swap transplant from stranger to end organ trafficking
The Punjab government has approved swap transplant plan- the country’s first scheme which enable the patients to have access to the organs...
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471Pakistan launches national gender policy framework to empower women
On the occasion of International Women’s Day, the Ministry of Planning, Development, and Special Initiatives launched the National Gender Policy Framework intended...
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620After completion of 10 economic zones, Punjab to now launch four more SEZs
The government has established 10 Special Economic Zones (SEZs) in different parts of Punjab to promote the manufacturing sector, boost diversification in...
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1.3KOld Marghazar Zoo in Islamabad to be replaced by a virtual zoo
Capital Development Authority (CDA) Chairman Amer Ali Ahmed and Islamabad Wildlife Management Board (IWMB) Chairperson Rina Saeed Khan visited the old Islamabad...
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673Here is how e-tagging of street crime suspects will work in Karachi
According to Karachi police, a new bill for e-tagging street offenders has been created, with Additional IG Karachi Ghulam Nabi Memon claiming...
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760Supreme Court orders authorities to de-seal Islamabad’s Monal restaurant
The Supreme Court has put on hold a judgment by the Islamabad High Court (IHC) ordering authorities to close the Monal Restaurant...
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737Ehsaas Rashan Riayat Program launched to provide 30% monthly subsidy on daily use items
Prime Minister Imran Khan launched the Ehsaas Riayat Rashan Program in Islamabad, which would provide a thirty percent monthly subsidy to twenty...
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580Word ‘minorities’ to be replaced by ‘non-Muslims’ in Constitution of Pakistan
The National Assembly’s Standing Committee on Law and Justice has given the approval to replace the word “minorities” with “non-Muslims” in Article...
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695Foundation stone laid for rehabilitation of Rs 4 billion Saggian Road-Sharaqpur Road
Chief Minister Usman Buzdar has laid foundation stone for rehabilitation project of Rs 4.32 billion Saggian Road-Sharaqpur Road. Addressing the inauguration ceremony, the...
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889Pakistan and Uzbekistan agree to expand trade via Afghanistan
Pakistan and Uzbekistan have decided to further expand and deepen their strategic partnership in all areas and agreed to determine an accord...
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985Construction work on 153 km Chitral-Shandur road begins after 40 years
The construction work of Upper Chitral and Shandur Road after 40 years has been handed over to National Highway Authority after federalization,...
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468Record $100 million per day growth of exports during February
Exports of the country has showed a hike to $2.80 billion in February FY2022 from $2.06 in the same month last year,...
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525Fitch Ratings forecasts robust GDP growth of 4.5% this year
Fitch, one of the three leading international rating agencies, based in New York has said that GDP rate of Pakistan during the...
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484Highest-ever revenue of Rs 644 billion generated from telecom sector in FY21
The telecom sector has earned the revenue of Rs 644 billion in the fiscal year 2020-21, the highest-ever, as compared to the...
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555SBP Merit Scholarship Scheme announced and you can apply by March-end
State Bank of Pakistan (SBP) has announced the Merit Scholarship Scheme 2020-21 which will given to the brilliant and bright children of...
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601Tomb of Jahangir in Lahore makes it to the World Monuments Fund watch list for 2022
Jahangir’s mausoleum complex has been nominated in the World Monuments Fund (WMF) as one of the 25 heritage spots on the World...
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551Jazz and Telenor ordered to pay additional $60 million over delay in license renewal
Due to a delay in paying licence renewal payments, the Pakistan Telecommunication Authority (PTA) has ordered Jazz and Telenor Pakistan to pay...
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644Former president Rafiq Tarar passes away in Lahore at 92
According to his grandson Ataullah Tarar, former president and Supreme Court judge Muhammad Rafiq Tarar died on Monday in Lahore. He was...
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531Balochistan govt to plant 10 million trees during 2022
The Balochistan government has taken the initiative to plant 10 million trees across the province in the current year with the intention...
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493Pakistani-American Ahsan Chugtai nominated as senior advisor to NYC Mayor
It is for the first time in the history of the US that a Pakistani-American politician has been selected as a senior...
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468Police identify facilitator of Peshawar imambargah blast
Police has identified facilitator of the suicide bomber of the Peshawar imambargah blast in Kocha Risaldar that killed 63 people and injured...
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534Incentives package unveiled to attract investment in export industries
Prime Minister Imran Khan has stressed the significance of industrialization for the country after he announced an incentives package to attract investment...
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611Third amnesty scheme approved to whiten black money at 5% tax rate
The government has decided to announce third amnesty scheme – the Promotion Package for Industry – by offering to whiten the black...
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502Rs 400 billion allocated for provision of Sehat Cards to 30 million families in Punjab
Government has allocated 400 billion rupees for provision of Sehat Cards whereby the free treatment up to one million rupees are being...
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806Nokia launches smart city pilot project on Lahore’s MM Alam Road
Nokia begins pilot smart city project on MM Alam Road of Lahore and would install sensors for management of street lights, waste...
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2.7KRs 3.79 trillion revenue collected in eight months against target of Rs 3.53 trillion
The Federal Board of Revenue (FBR) has collected Rs 3.79 trillion in the first eight months of the current fiscal year (8MFY22)....
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942Punjab to have Pakistan’s first state-run free test tube baby center
Punjab province will provide free in-vitro fertilization (IVF) or test tube baby facility to the people facing fertility problems, at a public...
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490Low-income families to get Rs 407 billion interest-free loans under Kamyab Pakistan Program
At a ceremony in Islamabad, Prime Minister Imran Khan announced the beginning of the Kamyab Pakistan Program (KPP), which will provide interest-free...
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626Federal Shariat Court says 100% Haq Mehr must be returned in khula cases
In a recent judgement, the Federal Shariat Court ordered Muslim women seeking Khula (divorce) from their husbands to return whatever Haq Mehr...
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558Over 7.4 million cotton bales reach ginning factories across Pakistan
Over 7.4 million cotton bales have reached ginning factories across the country till March 1,2022 registering increase of 32 percent as compared...
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887World’s first high altitude nature corridor spreading from K-P to AJK to be built
With the intention to boost eco-tourism in the country, the Ministry for Climate Change has developed a plan to build the world’s...
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2.2KPakistan sets economic growth target of around 4.8% for the year
Despite a number of adverse geopolitical conditions and the rising trend of prices at the global level, National Economic Council (NEC) has...
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549Gold advances in Pakistani market after Russia invades Ukraine
Concerns about weak economic conditions amid the Ukraine conflict raised gold prices on Monday, prompting a flight from volatile commodities to safer...
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500First-ever livestock policy to increase halal meat exports
The government has drafted its first-ever policy for the development of livestock industry in the country and it aims to increase halal...
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526Foreign investors earn $1 billion profit on their investments in Pakistan in 7 months
Foreign investors have successfully earned over $1 billion as profits and dividends on their investments in Pakistan during the first seven months....
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1.1KPakistan to get 100Tbps internet speed through new Submarine Cable SEA-ME-WE 6
Pakistan’s Trans World Associates has announced that it is becoming a major part of a consortium that will operate and manage SEA-ME-WE...
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699Pakistan plans 40,000 MW nuclear energy by 2050 to meet electricity demands
Pakistan is progressing to adapt to zero-emission clean energy with a strategic nuclear power generation capacity of 40,000 megawatts (MW) by 2050....
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6975,500 youth from ex-Fata merged areas will be given new jobs
The Khyber Pakhtunkhwa government has taken the initiative of the Accelerated Skills Development Programme for merged regions at an expense of Rs...
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774NADRA to build another Mega Center in Peshawar
The National Database and Registration Authority (NADRA) is looking forward to building a new mega center in Peshawar so as to facilitate...
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633Abey Khao: Pakistan’s first food truck owned and managed by all deaf people
The ‘Abey Khao’, which interprets to “Eat Guys” food truck is Pakistan’s first portable restaurant manned entirely by deaf staff, giving an...
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383FBR’s robust revenue growth enabled government to subsidize petrol, electricity
Prime Minister Imran Khan on Wednesday said that robust revenue growth of 28.5 percent by the Federal Bureau of Revenue (FBR) had...
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508100 new solar power plants worth 200 MW to be installed at WASA tube wells
The Punjab government is going to launch a Rs 39 billion new solar power plant project for the Water and Sanitation Agency...
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615Pakistan targets to grow e-commerce market to $9.1 billion by 2025
Pakistan’s e-commerce market would be boosted up to $9.1 billion by 2025, Special Assistant to Prime Minister on E-Commerce, Senator Aon Abbas...
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617Pakistan heading towards record $20 billion deficit in current fiscal
The current account deficit (CAD) of Pakistan has hit $2,556 million for the month of January 2022 compared to deficit of $219...
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662Fifth-generation stealth fighter jet TF-X becomes Turkish-Pakistani project
Pakistan and Turkey are collaborating on the development of a fifth-generation stealth fighter jet named the Turkish Fighter Experimental (TF-X) . This major...
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967Pak, Hungarian investors form AquaHatch to develop freshwater ecosystem in Pakistan
Talking at the foundation of AquaHatch International Private Limited, a Pak-Hungarian joint venture (JV), the BoI chief stated relations among the two...
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757National Highway Authority approves Rs 53.5 billion annual maintenance plan
The National Highway Authority (NHA) Executive Board has approved annual maintenance plan (AMP) 2021-22, with a cost of Rs. 53.558 billion along...
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491China-centric economic strategy finalised to have average growth of 5.9% by 2025
Pakistan’s economic growth has been badly undermined due to the lack of proper planning, inconsistent policies, and the increasing role of international...
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485Govt approves 15% allowance for grade 1 to 19 employees
The federal government has issued an Office Memorandum (OM) for providing a 15 percent Disparity Reduction Allowance for government employees from grade...
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477PTI government borrowed $12 billion foreign loans in seven months
As per the report, issued by the Ministry of Economic Affairs (MEA) about foreign loans, the government has borrowed loans, worth $12.022...
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478Seafood exports increase by 5.08% to $231.6 million in seven months
As per the Pakistan Bureau of Statistics (PBS), during July-January (2021-22), the seafood exports were noted at $231.584 million as compared to...
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6093,800 utility stores and 120 warehouses finally undergo digital transformation
The Utility Store Corporation (USC) has linked its 3,800 stores and over 120 warehouses with the computerized digital central database system. USC...
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430SBP to provide unlimited loans for agri warehouse projects at 6% markup
The State Bank of Pakistan (SBP) is all set to provide unlimited loans for agri warehouse infrastructure schemes in rural areas, central...
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509Food import bill surges by over 21% to $5.63 billion in seven months
The country’s import bill of food items went high by 21.32 percent to $5.63 billion during the first seven months of this...
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505Tech Startup Fund set up to provide Rs 1 billion in seed funding to 50 startups annually
Prime Minister Imran Khan has announced setting up a ‘Pakistan Technology Startup Fund’ to provide Rs 1 billion in seed funding to...
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443Imposition of 17% sales tax on seeds damaging hybridisation in country
A 17 percent sales tax imposed on seeds will adversely influence the process of hybridization in the country, said an official on...
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386Legal mechanism cleared for barter trade with sanctions-hit Iran, Afghanistan
The Economic Coordination Committee (ECC) of the cabinet on Thursday allowed regulatory cover to barter trade arrangements with Afghanistan and Iran. According...
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506Security forces kill 10 terrorists during an IBO in Balochistan’s Hoshab
The Inter-Services Public Relations (ISPR) announced in a statement that security forces killed ten terrorists during an Intelligence-Based Operation (IBO) in the...
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530Construction cost goes up amid cement, steel price hike
The prices of cement and steel have shown a hike in the local market amid a rise in international commodity prices. According...
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510750,000 boy scouts will join the drive to plant 540 million trees in spring
Around 750,000 scouts of Pakistan Boy Scouts Association will join the drive to achieve the target of planting 540 million trees this...
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444Rs 12 billion SMEs refinancing initiative launched by Bank of Khyber
On Thursday, the government of Khyber Pakhtunkhwa and the Bank of Khyber signed a Memorandum of Understanding (MoU) to launch a refinancing...
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527State Bank increases indicative credit limits for agriculture financing
State Bank of Pakistan (SBP) has enhanced the indicative credit limits for agriculture financing by banks to farmers. According to the sources...
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489PPL makes hydrocarbon discovery from an exploratory well Mohar-1 in Sindh
Pakistan Petroleum Limited has disclosed that it made a hydrocarbon discovery from exploratory well, Mohar-1, in the Latif Block (the “Block”) in...
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492Pakistan eyeing $50 billion IT exports in next few years
Pakistan’s IT exports will reach $50 billion in the next few years due to the effective polices of current government, said PM...
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453Pakistan to benefit from $1.2 billion financing facility from ITFC
The International Islamic Trade Finance Corporation (ITFC) has approved a $1.2 billion loan under the yearly plan to provide Pakistan with structured trade...
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675Noor Muqqadam’s parents want early execution of Zahir Jaffer
The father of Noor Muqqadam, Shaukat Muqqadam has rebuffed rumours that the family was reaching a compromise with Zahir Jaffer at any...
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539KP govt begins work on seven small irrigation dams in tribal districts
Khyber Pakhtunkhwa irrigation department has started construction work on seven small irrigation dams and water reservoirs, which is estimated to be completed...
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604Pakistan exported 2.18 million tonnes of rice valuing $1.29 billion in seven months
Rice exports from the country have been increased by 11.16 percent to 2.179 million tonnes in the first seven months of the...
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974UAE’s Dhabi Group to invest Rs 60 billion in construction of tallest building of Lahore
The Dhabi Group of the UAE has signed an agreement with Punjab Government to build Lahore’s tallest building at River Ravi bank,...
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2.8KPakistan approves textile policy that envisages cheaper energy rates till 2025
Pakistan approved Textiles and Apparel Policy, 2020-25, with the objective of ensuring sustainability of textile sector exports. The government said its Strategic...
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540Punjab sets wheat procurement target at 3.5 million tonnes
Punjab is going to procure at least 3.5 million tonnes of wheat this season as provincial authorities have approved the procurement target....
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567Islamabad police make history by launching WhatsApp contact number
Islamabad Capital Territory Police (ICTP) has issued their WhatsApp contact number with the aim to offer easy access to all of their...
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482Satellite-based monitoring to track sluggish development projects
The federal government is going to keep a physical check on the progress of development projects through satellite-grounded monitoring. The meeting of...
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386Salaries of Pakistanis hired by foreign employers are among world’s fastest rising
Salaries of Pakistanis hired for jobs in marketing, sales, and product by foreign employers are among the world’s fastest rising, according to...
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462Pakistan announces first-ever digitised census from August
Minister for Planning, Development and Special Initiatives Asad Umar revealed the government’s work plan for the seventh digital population and housing census,...
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69593 Pakistani companies participate in Gulfood trade fair
A total of 93 Pakistani companies will be a part of this year’s edition of Gulfood in Dubai, Pakistan’s Consulate General in...
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719Peshawar BRT receives Gold Standard Service award
Pakistan’s great achievement, the Peshawar Bus Rapid Transit (BRT) has been bestowed with the ‘Gold Standard’ award from the BRT standard technical...
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922SBP launches Electronic Warehouse Receipt Financing for maize crop
The Electronic Warehouse Receipt Financing (EWRF) is going to be launch at a roadshow for maize crop in Kasur’s Chunian tehsil on...
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463Top US firm Nuveen names Saira Malik as Global Chief Investment Officer
Saira Malik, an American national of Pakistan basis, has been hired as chief investment officer (CIO) of Nuveen, a leading international asset management...
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452ECC okays Rs 12.3 billion subsidy for import of 100,000 tonnes of urea
The Economic Coordination Committee (ECC) of the Cabinet has has approved Rs 12.345 billion for import of urea on equal cost sharing...
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511Ex-interior minister Rehman Malik laid to rest
The funeral prayers of former interior minister Senator Rehman Malik was offered on Thursday at H-8 graveyard. The funeral was attended by...
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644Solar cell technology developed by Pakistani scientist sets two world records
A Pakistani scientist along with his team has developed an auspicious solar cell technology leading to two new world records of competence...
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685University of York study finds Ravi the most polluted river in world
Initially, it was the air but now the river flowing through Punjab’s capital, Ravi, has been found to be the world’s most...
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574Pakistan textile exports touch $11 billion mark in July-January
Textile exports showed an increase of 25% in the first seven months of the fiscal year 2021-22, as per the data issued...
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434FBR suffers revenue loss of Rs 45 million due to negligence
The Federal Board of Revenue (FBR) has lost millions of rupees in expired bank guarantees due to the negligence of customs officials....
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663Elevated expressway from Gulberg to Motorway-M2 okayed
The Punjab government has approved the construction of elevated corridor expressway from Main Boulevard Gulberg to Motorway-M2. The 76th meeting of Punjab’s Cabinet...
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1.4KPakistan kicks off auction process of 5G spectrum
Pakistan has kicked off the auction process of the 5G spectrum on the recommendation of the advisory committee formed by the government. According to...
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988Lahore to host Horse and Cattle Show next month
The Punjab government made an announcement on Tuesday that it was looking forward to planning and organizing traditional horse and cattle show...
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566Pakistan identified 64,000 hectares of area for tea cultivation along CPEC route
As Tea is a part of Pakistani culture and the best source of hospitality for the guests, the Pakistan government has decided...
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603Banana production increases in Pakistan
An increase in banana production has been observed in Pakistan in the past few years after the fruitful trials of tissue culture...
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575Large-scale manufacturing speeds up 16.7% in December
The large-scale manufacturing (LSM) of the country, for instance, the production of textiles, automobiles, and medicines have been increased by 16.7 percent...
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662World’s fastest speed boat arrives in Pakistan to boost tourism
A foreign Pakistanis investment team developed the world’s biggest and fastest speed boat to encourage adventure tourism in Pakistan. Last week, the...
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701Numbeo ranks Pakistan among least expensive countries in world
Numbeo, the world’s largest cost of living database, has ranked Pakistan as the least expensive among the 139 countries of the world....
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515Pakistan to officially register freelancers to end money laundering
The government to officially register freelancers due to money laundering fears, the Senate Committee on Information and Telecommunication was informed. A meeting...
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494Govt to establish separate judicial system for overseas Pakistanis
Federal Minister for Information and Broadcasting Fawad Chaudhry has made the announcement that the government decided to establish a separate judicial system...
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460Remittances exceed $2 billion for 20th consecutive month
The overseas Pakistanis have sent the remittances that fell by 5 percent year-on-year to $2.144 billion in January as stated by the...
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537Pakistan’s export of rice to China crossed $400 million in 2021
Pakistan among the largest rice suppliers to China after rice exports crossed $400 million in 2021, up 133 percent year on year....
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657Construction of 10 dams to double country’s water storage capacity
The 10 dams being constructed by the government will double the country’s storage capacity to irrigate more land and help reduce the...
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439Tourists from France and Austria have declared Swat historically rich
Tourists belonging to France and Austria came to visit Swat on Monday. The overseas tourists called Pakistan the safest and the most...
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516KP govt to reopen 1,800 closed poultry farms
The Livestock Department Khyber Pakhtunkhwa has taken the decision for the reopening and rehabilitation of 1800 poultry farms, which were closed because...
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466ADB marks Pakistan among the least open economies in the world
Pakistan shows one of the smallest trade-to-GDP ratios in the world presenting at only 30 percent. But, it is not all doom...
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617Punjab potato production set to rise by 35.9% to 8.5 million tonnes
Punjab alone will be looking at a staggering 8.5 million tonnes of potato after the acreage in Punjab increased from 545,000 acres...
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574Gas sector circular debt doubles to Rs 650 billion in three years
Circular debt for gas sector has almost doubled in last three years from FY2018 to period ended on June 30, 2021 to...
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920136 km Karachi-Hyderabad M9 Motorway to be upgraded to 8 lanes
To meet the increasing traffic congestion, the federal government took the decision to upgrade the Karachi-Hyderabad Motorway from the existing six lanes...
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880This is how much the State Bank Governor gets paid every month
Like the other top bureaucrats, the Governor of the State Bank of Pakistan (SBP) is also on a substantial salary as he...
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423Bank advances, deposits and investments jump 17% to Rs 19.9 trillion
The bank advances, deposits and investments raised by 17 percent to Rs 19.9 trillion in the past 12 months from January 2021,...
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787MCB Pakistan posts highest ever Rs 51.989 billion profit before tax for 2021
MCB bank has announced Rs 51.989 billion in profit before tax for the year ended December 31, 2021 with final cash dividend...
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438Morgan Stanley to include Pakistan in Frontier Markets 100 Index in May
Morgan Stanley Capital International (MSCI) has made the announcement that Pakistan will be eligible for addition to MSCI Frontier Markets (FM) 100...
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441Govt lowers markup for housing subsidy scheme
To give the housing sector another chance to emerge the government is going to revise downward the markup rates for housing subsidy...
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483Punjab PDWP approves six schemes worth Rs 35.17 billion
Punjab Provincial Development Working Party (PDWP) Tuesday approved six development schemes of various sectors with an estimated cost of Rs 35.17 billion. The 62nd meeting...
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401UAE delegation explores investment opportunities in Punjab’s IT sector
A United Arab Emirates (UAE) based group of businesses showed concern in investment in Punjab’s E-governance solutions and digital renovation projects. Additional...
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465World Bank disburses $3.4 billion for 23 projects
Out of 54 projects, 23 projects worth $7.8 billion are being implemented by the Federal Government against which $3.4 billion has been...
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576Roshan Digital Account inflows reach $3.382 billion in 17 months
On a year-on-year basis, there has been an increase in monthly Roshan Digital Account inflows of 38 percent reaching $3.382 billion by...
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482China plans $10-$15 billion investment and create industrial units at Gwadar Free Zone
Pakistan has received promises from China for attaining investments of $10-$15 billion for a number of sectors, as well as for creating...
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496CCP, PICG sign MoU for strengthening corporate governance, compliance
The Competition Commission of Pakistan (CCP) and the Pakistan Institute of Corporate Governance (PICG) signed a Memorandum of Understanding (MoU) pertaining to...
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404Pakistan to negotiate with IMF regarding personal income tax
The government would hold tough negotiations with the IMF for withdrawal of Personal Income Tax exemptions and bringing changes in its existing...
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506Germany to provide €448.5 million aid for uplift of various sectors in Pakistan
Pakistan will receive €448.5 million in financing from Germany for initiatives in vocational training, health, social protection, urban infrastructure, climate change, and...
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852PTA refuses to block cryptocurrency websites
According to news, the Pakistan Telecommunication Authority (PTA) on Monday turned down a request from the Federal Investigation Agency (FIA) to restrict...
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332Ministry, Malala Fund to work for the promotion of STEAM education in girls’ schools
The Ministry of Federal Education and Professional Training and Malala Fund signed a contract for the progress of STEAM education in girls’...
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441Korea to further increase the quota for Pakistani immigrants
The quota for Pakistani immigrants increased over the years, a 16% rise from 2021 to 2022 only, and the Republic of Korea...
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474World Bank sets four conditions for Pakistan for $350m loan
The World Bank has now demanded Pakistan to complete four tasks during the current fiscal year 2021-22 to receive clearance for a $350...
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425Govt initiates work on new fertilizer policy
The government is in progress to work on a framework for a fresh fertilizer policy intended at solving issues associated with a...
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2.1KWater sports project at Karachi’s Hawkesbay inaugurated
City Administrator Murtaza Wahab has inaugurated the Arabian Sea Water Sports Project at a ceremony that took place at Hawkesbay. Addressing the...
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519SBP launches initiative to boost remittances
The State Bank of Pakistan (SBP) has unveiled an incentive scheme for the exchange companies (ECs) in order to boost the flow...
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531AJK to establish authority to tap tourism potential: minister
Azad Jammu and Kashmir (AJK) will shortly set up an authority for the exploitation of its rich tourism potential to uplift the...
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560Report on unemployment released
Pakistan Institute of Development Economics (PIDE) issued its recent report on unemployment in the country that revealed over 31 percent of the...
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391Govt borrowing from banks falls 66pc in seven months
The government’s borrowing from scheduled banks shrank 66 percent year-on-year to Rs292.7 billion during the first seven months (July to January) of...
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514Salaries of Grade-1 to 19 employees increased by 15%
Minister for Information and Broadcasting Fawad Chaudhry announced a 15% raise in salaries of government employees on Thursday, citing the strengthening economy...
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1.5KKhyber Pakhtunkhwa allocates Rs 239 million to fix environmental problems
The Khyber Pakhtunkhwa government allotted Rs 239 million to resolve environmental problems in the province, containing Rs 70 million for the acquisition...
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444Japan restoring British-era Gravity Flow Water Supply Scheme in Haripur City
Japan International Cooperation Agency is assisting Pakistan in restoring Gravity Flow Water Supply Scheme in Haripur City to improve depletion of underground...
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522Pakistanis are forced to pay high prices for products now carrying lesser weight
A huge price upsurge in milk-based products and black tea has been seen in just two months ahead of Ramazan, whereas customers...
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539PM Imran announces 15% pay raise for FC, Rangers
Prime Minister Imran Khan on Tuesday has announced a 15 percent rise in the salaries of Frontier Corps (FC) and Rangers personnel. The...
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911New dedicated double-track freight corridor to be built from Karachi Port
The government has decided to make a dedicated double-track corridor from Karachi Port to a new rail-to-logistics terminal in Pipri Marshalling Yard...
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608Most cases out of 20,000 cybercrimes reported in 2021 involved university students
Circle In Charge Cybercrime wing of Federal Investigation Agency (FIA) Qari Jahanzaib revealed that university students are the most vulnerable to data...
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519Pakistan to set up semiconductor manufacturing zone with Chinese help
Pakistan has sought China’s help to build a semiconductor zone in the country to boost its self-sufficiency in modern gadgets. Pakistan has...
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468Pakistan’s efforts to strengthen economic resilience appreciated by IMF
The International Monetary Fund (IMF) has lauded Pakistan’s recent policy measures aimed at strengthening economic resilience. IMF said in a statement that its Executive...
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439Bank lending to private sector surges 235% to Rs 786 billion
Bank loans to the private sector have surged 235 percent in almost the first seven months of the current fiscal year. As...
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2.9KPeshawar BRT wins international 2022 Sustainable Transport Award
Bus Rapid Transit (BRT) Project Peshawar has been recognized as ‘Honorable Mention’ for Sustainable Transport Award 2022 on 10th February 2022 in...
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9.5KPM Imran, Gen Bajwa meets troops in Naushki who repulsed & killed 20 terrorists
Prime Minister Imran Khan and Chief of the Army Staff General Qamar Javed Bajwa on Tuesday paid rich tributes to the martyrs...
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2.4KChinese contractors get another 15 years lease for Saindak copper-gold project
The government has given its clearance for Saindak Metals Limited (SML) and Metallurgy Corporation of China (MCC) to prolong their lease agreement...
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882ADB pitches ‘Economic Corridor’ model to fully capitalise on CPEC
Pakistan is strong enough to become the nucleus of economic activity for Central, South, and West Asian countries in case it follows...
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768Less construction, transportation activities dip cement sales 16.6% in January
A continued decline in cement supply is seen in January having a 16.58 percent decrease is sales mostly owing to the cost...
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676Trade deficit shrinks 30% to $3.36 billion in January
Mizzamil Aslam, the spokesman of the Ministry of Finance while addressing a press conference on Wednesday said that Pakistan’s trade deficit shrank...
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600Five Pakistanis featured in World Poetry Tree, a global poetry anthology
For the very first time, an album of the poetry of more than 400 foremost poets from all over the world was...
