Pakistan
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2.8KUnemployment rate in PTI tenure decreased to 6.3%
The rate of unemployment in former Prime Minister Imran Khan’s government declined from 6.9 percent to 6.3 percent. As per the Economic...
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1.2K
AJK govt approves 33 road projects worth over Rs 16 billion
The Cabinet Development Committee (CDC) of Azad Jammu and Kashmir (AJK) approved 33 projects in the communications and works (C&W) sector costing...
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1.1K
Pakistan’s GDP grew faster than set target according to Pakistan Economic Survey
Finance Minister Miftah Ismail revealed the Pakistan Economic Survey 2021-22 at a press conference, saying that the industrial, agriculture and services sectors had helped...
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871
Pakistan’s exports increase 27.78% to $28.848 billion during first 11 months
Pakistan’s exports observed an upsurge of 27.78 percent during the first eleven months of the current fiscal year (2021-22) when compared to...
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845
Wall in heart of Ottawa painted with Pakistan’s traditional truck art
Canadian were treated to a colorful display of traditional truck art in downtown Ottawa by Pakistani artists who changed a white wall...
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817
Budget FY23 plans to grow economy by 5% and hold down annual inflation to 11.5%
The budget for the fiscal year 2022-23 (FY23) has been presented by Finance Minister Miftah Ismail in the National Assembly on Friday....
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1.2K
Orange Line and Metro Bus fares reduced in Lahore, Rawalpindi, Multan
The Punjab Masstransit Authority (PMA) is expected to reduce the Lahore Orange Line and Metro Bus System fares in Lahore, Rawalpindi, and...
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1.8K
World Bank indicates 4% GDP growth for Pakistan in next fiscal year
The World Bank (WB) has projected a moderate Gross Domestic Product (GDP) growth rate for Pakistan standing at 4% for the coming...
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920
Pakistan’s shadow economy accounts for 40% of GDP
As the key government and authorities figures have been drawing attention to the economic losses because of illegal trade, Pakistan’s shadow economy...
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917
Rs 9.5 trillion FY23 budget unveiled: 15% increase in salaries, 5% in pensions
Finance Minister Miftah Ismail on Friday unveiled the coalition government’s maiden budget with an outlay of Rs 9.5 trillion for the fiscal...
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1.0K
Pakistan’s trade deficit widened to all-time high $43.33 billion during 11 months
The Pakistan Bureau of Statistics (PBS) data showed that country’s merchandise trade deficit hiked by 57.85 percent year-on-year to an all-time high...
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869
Miniature artist Shazia Sikander awarded Japan’s Fukuoka Prize
A Pakistan-born miniature artist, Shazia Sikander, has been awarded Fukuoka Prize in Arts and Culture for introducing innovation in the traditional art...
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1.2K
19.5 km Eastbay Expressway of Gwadar port aided by China opened to traffic
The inaugural ceremony of the China-aided Eastbay Expressway of Gwadar port was conducted on Friday in the port city of Pakistan’s southwest...
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1.7K
230 modern coaches to be added to Pakistan Railways fleet this month
Pakistan Railways procured a total of 230 modern passenger coaches with the intention to modernize the department along with facilitating the commuters....
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888
733 million people globally have no access to electricity
According to a new World Bank report, 733 million people globally do not have access to electricity, whereas 2.4 billion people are...
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1.1K
Google and Umang join hands to launch suicide hotline for Pakistan
Google has developed a suicide hotline onebox for Pakistan, which allows users to connect with a suicide prevention helpline directly from the...
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908
Punjab and KP cabinets approved massive subsidy on flour
The first meeting of the Punjab cabinet held on Wednesday approved Rs 200 billion subsidy on flour to ensure the commodity will...
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900
Khyber Pakhtunkhwa announces 35% cut in fuel quota for govt employees
Khyber Pakhtunkhwa Chief Minister Mahmood Khan made an announcement to decrease the 35 percent fuel quota for government employees in the province...
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890
Top ways which can help reduce electricity bills
With energy bills responsible for such a large portion of most household budgets, it makes more sense to seek for ways to...
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931
Swvl stops daily rides in Karachi, Lahore, Islamabad, Faisalabad due to economic downturn
The popular bus-sharing service Swvl has halted its intracity shuttle service in various cities across Pakistan due to the present economic upheaval....
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982
Cooking oil, ghee prices in Pakistan soar to all-time high despite drop in palm oil rate
The government has shocked the consumers by increasing ghee and cooking oil prices by an unprecedented Rs 208 and Rs 213 to...
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1.0K
Inflation in Pakistan reached 13.76% in May, highest in over two years
The Consumer Price Index (CPI) measured the country’s inflation which is found to be increased to a two-and-a-half-year-high at 13.76 percent in...
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975
Mari Petroleum finds gas reservoir of one trillion cubic feet in North Waziristan
Mari Petroleum Company Limited (MPCL) discovered a huge gas reservoir of one trillion cubic feet at its Bannu West-1 well in the...
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943
IMF tells Pakistan to lower budget deficit down to 4.9% of the GDP
The International Monetary Fund (IMF) has told Pakistan to narrow the budget deficit down to 4.9 percent of the GDP for the...
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924
Lahore High Court declared e-challans illegal
The e-challans being issued to the drivers for violating traffic rules by the Punjab Safe City Authority (PSCA) are illegal for having no...
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864
Moody’s downgrades Pakistan’s outlook to negative from an earlier stable rating
Pakistan’s outlook was dropped from stable to negative by Moody’s Investor Service on Thursday, citing “heightened external vulnerability” and uncertainty about procuring...
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892
NEPRA hikes electricity tariff by Rs 7.91 to Rs 24.82 per unit
The National Electric Power Regulatory Authority (NEPRA) okayed an increase in the price of energy of Rs. 7.91 per unit and released a...
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882
With over 50 ambulances, Sindh starts long-awaited Rescue 1122 service
Sindh Chief Minister Syed Murad Ali Shah inaugurated the much-desired Rescue 1122 service in the province on Tuesday. Addressing the inauguration ceremony,...
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869
Federal Board of Revenue collected Rs 5.349 trillion tax in 11 months
The Federal Board of Revenue (FBR) has raised a record Rs 5.349 trillion tax during the first 11 months of 2021-22. But,...
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1.1K
Energy scarcity of Gwadar to end by 2023 after completion of 300 MW coal power plant
The longstanding issues of the port city of Gwadar because of increasing energy scarcity would be settled by October 2023 after the...
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1.2K
Work resumes on Balochistan’s biggest hydropower project, the Naulong Dam
Work resumes on Balochistan’s biggest hydropower project, the Naulong Dam, that will irrigate 47,000 acres of barren land and provide 4.4MW of...
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1.0K
20% of Pakistan’s trees burnt to roast tobacco
At least 600 million trees globally fall victim to tobacco farming each year. Trees are cut down to make way for growing...
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1.8K
From dollar at Rs 3.2 in 1947 to around Rs 200 in 2022, the history of Pakistani currency
We rarely notice the different pictures on the currency notes that we use on a regular basis as Pakistanis. As many of...
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1.7K
Foundation stone laid for reconstruction of Rs 1.3 billion Karachi’s Shahrah-e-Noor Jahan
Sindh government’s Spokesman, Karachi Administrator, and CM Advisor on Law Barrister Murtaza Wahab laid the foundation stone for the reconstruction of Shahrah-e-Noor...
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931
Pakistan to directly import 2 million tonnes of wheat from Russia on cash
Economic Coordination Committee of Pakistan on Saturday decided to directly import two million metric tonnes of wheat from Russia on cash. Pre-empting...
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1.4K
22 IMF loans in 64 years: Pakistan and the International Monetary Fund loan history
Since 1950, Pakistan has been a member of the International Monetary Fund and IMF has granted loans to Pakistan on twenty-two occasions,...
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1.2K
Sirbaz and Shehroze summit fifth highest peak 8,463m Mt Makalu in Nepal
Pakistani mountaineers Sirbaz Ali and Shehroze Kashif achieved another landmark on Saturday morning when the duo summited 8,463m Mt Makalu in Nepal,...
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1.2K
Asian Bank to fund health, irrigation and education projects worth $2 billion
The Asian Development Bank (ADB) revealed that projects valued at $2 billion for Pakistan would be finalized after holding discussions with the...
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1.0K
Government lifts ban on import of raw materials, pet food and energy savers
According to a notification from the Ministry of Commerce, the federal government lifted the restrictions on the import of raw materials, intermediate...
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1.2K
Poor fisherman accidentally caught a rare fish and sold it for Rs 13.58 million
After inadvertently catching a rare fish while fishing in the Gulf of Oman near Jiwani, a small town in the Gwadar area,...
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1.0K
Foreign investors earn $1.5 billion profit on their investments in 10 months
Regardless of the political unrest in the country which affected almost all sectors of life including business, the outflow of profits and...
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1.1K
Pakistan’s Tanzila Khan wins Amal Clooney Women’s Empowerment Award
Pakistani entrepreneur and activist Tanzila Khan has been bestowed with the Prince’s Trust International Amal Clooney Women’s Empowerment Award at The 2022...
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3.5K
High-altitude specialist Ali Raza Sadpara dies after sustaining injuries from fall
Famous Pakistani mountaineer Ali Raza Sadpara, 56, surrendered to his injuries and embraced death in Skardu early Friday morning. The mountaineer had...
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919
Khyber Pakhtunkhwa sets up Rs 50 million fund for welfare of transgender persons
The Khyber Pakhtunkhwa government has proposed a bill in the provincial assembly to establish an Rs.50 million endowment fund for the wellbeing...
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1.7K
Imran’s tourism push bears fruit as Pakistan moves up on Travel & Tourism Development Index
Pakistan has risen six places in the World Economic Forum’s (WEF) latest Travel and Tourism Development Index (TTDI) 2021. The Travel and Tourism...
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1.9K
6 Pakistani peacekeepers conferred Dag Hammarskjöld Medal posthumously
Six Pakistani UN peacekeepers were given UN medals of courage for giving their life for the pursuit of peace in a helicopter crash...
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1.1K
Rs 7 billion approved for bridge to connect Torghar with Buner
Khyber Pakhtunkhwa government has approved Rs 7 billion funds to construct a bridge, which would connect Torghar with Buner. Talking to the...
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1.3K
Pakistan’s mango production to fall by 50% from 1.8 million tonnes target
Pakistan’s mango production is likely to decrease by around 50 percent this year, due to the unusually high temperatures and water shortages,...
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1.1K
NA amends election laws to stop overseas Pakistanis from voting and EVMs use
The National Assembly (NA) adopted the Elections (Amendment) Bill, 2022, on Thursday, which aims to eliminate the use of Electronic Voting Machines...
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1.0K
Tarbela dam once again touches dead level of 1398 feet
The Tarbela Dam once again has touched the dead level as the second dip in water flows has hit the country’s water...
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910
Chief Justice Bandial named among Time’s 100 Most Influential People
Chief Justice of Pakistan Umar Ata Bandial has been included among the 100 Most Influential People of 2022 by Time magazine. The top judge “is widely...
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881
Foreign debt crossed $49 billion in 45 months of PTI government
With current account deficits and a short foreign exchange reserve, the ousted PTI government borrowed $15.4 billion in foreign loans in the...
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1.0K
Pir Hamid Ali’s paintings get a place in world art exhibition
Well-known multimedia artist and art teacher, Pir Hamid Ali Kheshgi has garnered widespread recognition when an Italy-based organization nominated his art piece for...
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907
Drones and trackers will be used on motorways for traffic control
The National Highways & Motorways Police (NH&MP) is looking forward to undertaking new initiatives for reducing reliance on human intervention and will...
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911
Four key climate change indicators set new records
Four fundamental climate change indicators, including greenhouse gas concentrations, ocean heat, ocean acidification, and sea-level rise, set new records in 2021, as...
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1.1K
CDA to swap 327 acres of land along Margalla Avenue with Margalla Hills Park
The Capital Development Authority (CDA) Board has given the nod to the suggestion of swapping 327 acres between the civic agency and...
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1.1K
Pakistan exported 64,113 tonnes of meat in 10 months fetching $284 million
Exports of meat and meat preparations from Pakistan continued to increase regardless of the presence of Lumpy Skin Disease (LSD) which came...
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1.2K
Indian occupied Kashmir sees upsurge in violence after Yasin Malik convicted
Indian security forces have martyred six freedom fighters in the Indian occupied Kashmir in the past 24 hours following the conviction of...
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1.4K
Construction on Rs 36 billion Dir Motorway will start within three months
Chief Minister Mahmood Khan has inaugurated several development projects in the Lower Dir district, also broke grounds for many other schemes and...
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1.6K
External debt and liabilities rose to $128.92 billion by end-March
Pakistan’s external debt and liabilities (outstanding) have shown an increase of 5.41 percent to $128.92 billion during the first nine months of...
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1.2K
Karachi Circular Railway project to be built on Lahore’s Orange Line model
Karachi Circular Railway (KCR) project would be executed on the same model as Orange Line Metro Train in Lahore, Ahsan Iqbal, Minister...
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1.2K
Pakistan shuts down internet as defiant Imran Khan vows to reach D-Chowk
Internet service in Pakistan is being artificially limited as the government seeks to shut down protests organized by former Prime Minister Imran...
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1.1K
Pakistan logs 5.97% growth in FY22, economy size jumps to $383 billion
The provisional GDP growth rate for the year 2021-22 is estimated at 5.97% which has increased the size of the economy of Pakistan to...
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1.3K
Islamabad Expressway will be expanded from PWD to G.T. Road on priority basis
The Capital Development Authority (CDA) board meeting has approved the completion of work on the expansion and restoration of the Islamabad Expressway...
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997
State Bank raises interest rate to 11-year high of 13.75%
To maintain the balance between inflation and economic growth, the State Bank of Pakistan (SBP) hiked the monetary policy rate by 150...
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934
Cholera and Diarrhea run rampant among children in Lahore
There is an outbreak of diarrhea and cholera is making a comeback in Pakistan, as thousands of people have been infected because of contaminated water....
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1.1K
Deserving households will get Rs 2,100 monthly assistance under Insaf Food Card
The provincial cabinet of Khyber Pakhtunkhwa has given a nod for the launching of the Insaf Food Card in the province aiming...
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1.2K
Karachi’s Orange Line BRT will be integrated into Green Line Bus Service
49 buses for Orange Line Bus Rapid Transport (BRT) Service have arrived at Karachi port, said Sindh Minister for Information, Transport and...
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962
Balochistan to establish four industrial zones and create 300,000 local jobs
The Balochistan government has announced the establishment of four industrial zones at Dalbandin, Turbat, Muslim Bagh, and Chaman for the enhancement of...
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913
UN lists Pakistan among 23 countries facing drought emergencies
The United Nations has included Pakistan in the list of 23 countries that are facing drought emergencies. The report released by the...
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1.1K
Abdul Joshi becomes eighth Pakistani to summit Mount Everest
Pride for Pakistan! Hunzaiite Abdul Joshi has successfully summited the world’s highest mountain, Mount Everest (8,848 meters), and raised the country’s flag...
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914
Rs 55.48 billion okayed for OMCs to pay for keeping fuel prices unchanged
During the protest of the Ministry of Finance over ‘unsustainable fuel subsidy’, the Economic Coordination Committee (ECC) has approved Rs 55.48 billion...
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918
Pakistan’s Ayessha Quraishi, Marium Agha shortlisted for Sovereign Art Prize 2022
Two Pakistani, Ayessha Quraishi and Marium Agha have made it to the final round of South Asia’s leading art prize, The 2022 Sovereign...
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1.3K
SBP declares OctaFX and other forex trading platforms illegal
State Bank of Pakistan (SBP) on Wednesday declared use of forex trading platforms including OctaFX and Easy Forex illegal in Pakistan. The...
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1.1K
Complete list of luxury imported items banned by Pakistan
As part of measures that a minister stated would save $6 billion, the Pakistan government has banned the import of non-essential and...
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2.2K
Blue line metro from Korang and green line metro from Bhara Kahu to operate on regular roads
The Capital Development Authority (CDA) is looking forward to initiating the Blue and Green Line Metro Bus Service with regular traffic until...
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1.1K
Baloch fishermen turn millionaires overnight after catching 18 rare croakers
After catching 18 big rare croakers (also known as Kir) in the waters of Jiwani earlier this week, a bunch of Baloch...
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1.0K
Pakistan pummelled by heatwave that hits 50°C in some parts
The current extreme heatwave all over the country refuses to end as five Pakistani cities have been ranked among the top ten...
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984
Pakistan bans import of over 30 luxury items including cars, smartphones
The federal government has decided to impose a complete ban on the import of superfluous and luxury items to deal with Pakistan’s...
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1.0K
Canadian coffee giant Tim Hortons to open dozens of restaurants across Pakistan
Tim Hortons, one of North America’s largest restaurant chains, is expanding into Pakistan this year, with intentions to launch dozens of outlets around the...
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1.1K
720MW Karot hydro project built under CPEC at a cost of $1.7 billion starts trial operation
Under the China-Pakistan Economic Corridor (CPEC), the first hydropower project with 720MW Karot Hydropower Project (HPP) has begun trial operations as two...
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798
Pakistan added $4.77 billion to total public debt of $90.6 billion in first half of FY22
The Ministry of Economic Affairs (MEA) has shared that Pakistan has made a net addition of $4.77 billion during the first half...
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924
Experts raise red flag for economy as rupee hits historic low of 200 against dollar
Experts have raised red flag for economy as Pakistani rupee dropped to a new historic low of 200 against US dollar in...
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1.1K
Pakistan records highest ever textile exports of $15.98 billion in 10 months
Pakistan’s Textile group exports in July-April, 2021- 2022 hit a record high of $15.981 billion against $12.688 billion during the corresponding period...
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1.0K
Over 800 adventure tourists apply to visit Pakistan this summer
The Pakistan government has received more than 800 applications from adventure tourists across the world and is expected to welcome at least...
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951
Pakistan is giving discounted fuel that is costing $620 million a month
Pakistan is giving discounted fuel to its people that is costing $620 million a month and this is happening while country has...
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965
Profit rates on savings schemes increased by up to 250 basis points
During the higher policy rate of the central bank and the current increase in cut-off yields of secondary market coupons, the Central...
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1.3K
Hamza Shahbaz no longer CM Punjab as SC disallowed vote of dissident members
Supreme Court of Pakistan in a majority verdict of 3:2 finally decides that defectors vote will not be counted which effectively ends...
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1.1K
IMF lauds 10 Billion Tree Tsunami project for reversing deforestation
Chairman of Pakistan Tehreek-i-Insaf (PTI) Imran Khan on Monday took credit for leading the first government in the history of Pakistan that...
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1.5K
Statue of Ali Sadpara placed in Gilgit and roundabout is named Sadpara Chowk
Late climber Muhammad Ali Sadpara (1976-2021) has been privileged with a monument at MP Chowk in Gilgit’s Sonikot. The roundabout is renamed...
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1.2K
Rs 7 billion Timergara-Khar-Mamad Gat Road will link Mohmand, Bajaur and Dir
Frontier Works Organization (FWO) employed up-to-date practices for the immediate accomplishment of the Rs 7 billion mega road project. It seems that the Timergara-Khar-Mamad Gat...
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835
Pakistan receives all-time high $3.12 billion remittances in April
For the first time, Pakistan’s remittances crossed the figure of $3 billion in a month, which gave hope that the country would...
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869
NITB all set to award Rs 2 billion ‘National E-Parliament System’ contract
The National Information Technology Board (NITB) is all set to honor an Rs 2 billion “National E-parliament system” agreement to blue-eyed companies. ...
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1.1K
China imported more than $168 million worth of cotton yarn from Pakistan
Pakistani cotton experts showed their confidence in the growth of local cotton-related industry and yarn export to China in addition to other...
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868
CDWP cleared four development projects worth Rs 136.74 billion
The Central Development Working Party (CDWP) has cleared four development projects at a cost of Rs 136.74 billion during its meeting which...
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1.4K
Tourist vehicles not allowed to drive on Shogran-Siri Paye Road
The Kaghan Development Authority (KDA) on Tuesday officially banned tourists from going to the Siri Paye area in the Shogran tourist resort...
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1.3K
Peshawar BRT to add 86 new buses as the service crosses 250,000 daily commuters
Peshawar Bus Rapid Transit (BRT) has announced to enhance its current fleet by adding a total of 86 new buses because of...
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941
Kuwait-backed companies considering $750 million investment in Pakistan
Pakistan Kuwait Investment Company Limited (PKIC) – Pakistan’s leading development finance institution has entered into a strategic alliance contract with Enertech Holding...
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986
Civil work of 1,320 MW Thar Coal Block-1 to complete this year
Civil works of the under-progress 1,320 MW Shanghai Electric Thar Coal Block-1 Power Generation Company (PVT) Ltd. project are planned to attain...
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1.1K
Sindh to launch Safe City project within the next four months at a cost of Rs 27 billion
Chief Minister (CM) of Sindh Syed Murad Ali Shah has issued orders to the Planning and Development Board (PDB) regarding the formulation...
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900
PM Shehbaz finalises MQM’s Nasreen Jalil as Sindh governor
Prime Minister Shehbaz Sharif has sent the summary to President Arif Alvi to appoint Muttahida Qoumi Movement-Pakistan (MQM-P) leader Nasreen Jalil for the...
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953
Pakistan’s trade deficit jumped to all-time high of $39.3 billion in 10 months
Pakistan’s trade deficit hiked up by an all-time high of 65 percent year-on-year to $39.3 billion in the 10 months through April...
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1.1K
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...
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1.0K
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...
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943
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...
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988
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...
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962
State Bank of Pakistan restores Saturday as holiday for banks
In less than a month after the federal government raised working hours for banks and government agencies, the State Bank of Pakistan...
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1.0K
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...
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818
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...
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942
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....
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982
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...
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916
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...
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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...
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1.1K
Road to Saiful Muluk Lake finally reopened after 6 months
After the Kaghan Development Authority (KDA) restored the road leading to Lake Saiful Muluk after six months, thousands of tourists went to...
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1.1K
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...
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1.1K
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...
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928
Pakistan falls 12 spots to 157th place in RSF’s 2022 World Press Freedom Index
According to media reports, Pakistan has slipped further down the list of countries in respect of journalist protection in Reporters Without Borders...
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884
USAID launches $23.5 million power sector improvement project in Pakistan
The US government is cooperating with the Pakistani government to start a $23.5 million, four-year power sector improvement project to combat climate...
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1.2K
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...
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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...
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1.2K
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...
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1.0K
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...
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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....
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846
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...
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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...
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1.0K
6-month KIBOR hits a 13-year high at 14.1%
The six-month Karachi Inter-bank Offered Rate (KIBOR), a standard for financing to consumers and businesses, hit a 13-year high amidst growing threats...
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1.7K
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...
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1.1K
Pakistanis facing up to 18 hours of loadshedding amid worsening heat wave
Several parts of Pakistan witnessing extreme loadshedding for long durations amid worsening heat wave, disrupting daily life and businesses. While urban centres...
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897
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...
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1.2K
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...
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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...
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1.8K
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...
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957
Shariat Court gives govt 5 years to get rid of Riba-based unislamic banking system
The Federal Shariat Court (FSC) issued a decision in a long-running case on Riba (interest), ruling the current interest-based banking system to...
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944
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%...
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1.1K
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...
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963
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. ...
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1.5K
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...
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1.1K
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...
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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...
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972
IMF agree to Pakistan’s request to increase the loan size from $6 billion to $8 billion
In talks with the International Monetary Fund (IMF), Pakistan made a major advancement when a finance ministry official said the Fund would increase...
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1.2K
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...
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1.0K
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...
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1.1K
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...
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929
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...
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1.4K
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...
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1.0K
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...
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1.4K
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...
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1.3K
Army major martyred in gunfight with terrorists in Balochistan’s Awaran
In a battle with terrorists in Baluchistan’s Awaran, a Pakistan Army major was martyred and another soldier was injured, according to the...
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1.1K
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...
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1.5K
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...
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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...
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983
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...
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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....
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1.3K
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...
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2.2K
Pakistan exported 1,606 tons of Chilgoza pine nuts worth $17.67 million to China
According to the General Administration of Customs of the People’s Republic of China, China imported $17.67 million worth of Pakistani Chilgoza pine...
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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...
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1.7K
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...
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1.1K
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...
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1.0K
Gold price in Pakistan jumps by Rs 900 per tola to reach Rs 133,300
Gold price in Pakistan gained Rs 900 per tola and Rs 771 per 10 grams to settle at Rs 133,300 and Rs...
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1.0K
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...
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1.3K
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...
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1.1K
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....
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3.1K
Orange route of Metro bus service from Peshawar Morr to Islamabad Airport initiated
Prime Minister Shahbaz Sharif launched the Peshawar Morr to Islamabad Airport Metro Bus service. The project was expected to go functional in...
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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...
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1.4K
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...
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1.1K
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...
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867
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....
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1.3K
Seven soldiers martyred in ambush in North Waziristan
Terrorists attacked a military convoy in the Pak-Afghan border area in Khyber Pakhtunkhwa’s North Waziristan district, in which seven Pakistan Army soldiers embraced martyrdom, according...
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997
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...
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916
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,...
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1.1K
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...
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1.0K
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...
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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...
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999
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...
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1.0K
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...
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956
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...
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868
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...
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950
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...
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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...
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1.1K
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...
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1.3K
Pakistan conducts successful test of nuclear-capable Shaheen-III ballistic missile
Pakistan performed a successful flight test of the Shaheen-III surface-to-surface ballistic missile, according to the Inter Services Public Relations (ISPR). The test...
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983
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...
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1.2K
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...
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1.4K
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...
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1.3K
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...
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1.1K
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...
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1.3K
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...
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1.0K
State Bank hikes interest rate to 12.25% to avert growing risks to economy
As the country continue to struggle with uncertainties about the outlook for international commodity prices and global financial conditions, aggravated by the Russia-Ukraine...
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1.5K
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...
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1.0K
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...
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1.4K
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...
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1.5K
Rupee breaks all previous records against US dollar as political crisis intensifies
In the face of mounting political instability, the Pakistani rupee continued its record-breaking downtrend, falling below 188 for the first time in...
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1.2K
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...
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1.0K
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...
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1.4K
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...
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1.0K
Bank account holders can now invest in capital market
Residents can create accounts in the capital market using their bank’s platform or app under the State Bank of Pakistan’s (SBP) ‘Shared...
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1.1K
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...
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2.0K
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...
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1.7K
Pakistan pavilion wins Silver Award for interior design at Dubai Expo 2020
The ‘Best Exterior Design’ award was given to the Pakistan Pavilion at Dubai Expo 2020, which attracted over 1 million visitors and...
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2.2K
Finance ministry’s sensitive data hacked in a cyber attack three months ago
According to Pakistan’s Ministry of Finance and Revenue, official data involving email communications with friendly countries and financial institutions was hacked three...
