Syeda Sadia Shahid

Asad Umar calls export-led growth vital for economy

On Thursday, the meeting of the members of the Pakistan Textile Exporters Association (PTEA) at Federal Minister for Planning, Development, Reforms and...

666

Fast-spreading new BA.2 Omicron subvariant likely to replace original Omicron

The BA.2 subvariant of the Omicron coronavirus variant, which has quickly taken over in Denmark, is more transmissible than the more common...

851

Karachi Circular Railway

Private funding model agreed for construction of 43km Karachi Circular Railway

The government has approved the transaction structure and project proposal for the construction and operation of Karachi Circular Railway (KCR). In the...

Imran Khan

Pakistan witnessed record production in agriculture sector

On Sunday, Prime minister Imran Khan attended the fifth session of live “Aap Ka Wazir Azam Aap Key Sath’ programme, where he...

650

China

Pakistan’s exports to China surge 69% to $3.6 billion in 2021

Exports to China have increased 68.9 percent in 2021 to $3.58 billion while total trade between the two countries stood at $27.82...

791

Citizenship

Over 22,000 government officers in Pakistan are dual nationals

More than 22,000 top government officers of Pakistan are dual nationals and a half of the officers belong to police and bureaucracy....

705

Pakistan and Iraq join hands to promote tourism, people-to-people exchanges

In order to promote tourism, Pakistan and Iraq have signed a Memorandum of Understanding (MoU), will help reinforce people-to-people linkages between the...

Electric Bus

CDA to purchase 29 electric buses for three separate routes in Islamabad

The electric buses are going to be launched from Islamabad Zoo to Monal and on the mass transit metro bus routes of...

Investment

Investors poured $69 million into startups in the fourth quarter of 2021

Pakistani startups have raised $69 million during the fourth quarter of 2021 through 22 business deals making it a total of $350...

898

Google

Pakistan Railways deploys scrapyard management system powered by Google

Pakistan Railways and Google has joined hands to revolutionize scrapyard management by deploying a state-of-art Scrapyard Management System powered by Google technologies...

820

non-textile export

Non-textile exports grow 23% to $5.75 billion in 1HFY22

As per data of the Pakistan Bureau of Statistics, the country’s non-textile exports went up by 23 percent year-on-year basis to $5.75...

958

E-Commerce

Pakistan now part of fifth industrial revolution thanks to e-commerce industry

Pakistan has entered the fifth industrial revolution which can be summarised as the combination of humans and machines in the workplace due to...

930

UN confirms 2021 was among the seven hottest years on record

The past seven years have been the hottest on record, 2021 temperatures remained high despite the cooling effect of the La Nina...

Growing financing needs may force Pakistan to seek new IMF loan

Pakistan’s gross financing requirements are estimated to go up to $30 billion in the next budget for 2022-23, leaving no other options...

803

E-commerce policy to target $5 billion trade, 1 million jobs during 2022

The federal government has approved e-commerce policy and finalized its plan to inaugurate the first-ever virtual e-commerce university. Senator Aon Abbas, the...

864

Electricity

NEPRA slashes power tariff by 99 paisa per unit to refund Rs 22.5 billion to consumers

The National Electric Power Regulatory Authority (Nepra) has notified a 99-paisa per unit cut in power tariff for consumers of ex-Wapda distribution...

975

Electricity

Solar power plants to be installed in 528 villages of Punjab

Punjab is going to install solar power plants in 528 villages of seven districts to supply cheap electricity to more than 30,000...

785

COVID-19: Pakistan ranks second on Economist’s normalcy index

Pakistan has ranked second and Egypt leads the chart at number 1 in The Economist’s Global Normalcy Index for COVID-19. According to...

897

Trade diversification boosting exports in non-traditional markets

Adviser to the Prime Minister on Commerce and Investment, Abdul Razak Dawood has said that the government has fully implemented the trade...

818

Rebasing of economy adds Rs 3.1 trillion value, jacking up growth rate to 5.57%

The growth rate has improved from the earlier estimate of 3.94 percent to 5.6 percent, while the size of the economy rose...

Cryptocurrency

Pakistani man opens Chai Ada in London that accepts cryptocurrencies for payment

Tayyab Shafiq has set up Chai Ada as the first café in London that accept cryptocurrencies for payment and he is excited to...

949

Import

Oil, food import bill jumps 73% to $15 billion in six months

Pakistan’s oil and food import bill surged 73 percent to $14.97 billion in the July-December period compared to $8.67 billion a year...

906

freight service

Freight train service launched to link Karachi port with rest of Pakistan

Freight train service has been launched to link Karachi port with rest of Pakistan, expanding contribution towards Pakistan’s trade. On Monday, the...

856

Housing Scheme

PHA Officers Residencia scheme for government employees inaugurated

PHA Officers Residencia scheme for government employees has been inaugurated under which at least 588 grey structure housing units in the three...

Commercial production of high yielding varieties of kidney beans to start soon

The first-ever production of high yielding varieties of kidney beans at commercial level is expected to be launched soon in Pakistan. On...

22 new roads to be built in Central, West districts of Karachi

Construction of 22 new roads will be started soon in Central and West district of Karachi and renovation work of 100 parks...

837

Rs 1 billion allocated for minorities development fund in Punjab

One billion rupees have been allocated for minorities development fund; scholarships have also been given to non-Muslim students from matriculation to PhD....

foreign direct investment

Doctor

The story of Dr Sarah Gill, Pakistan’s first transgender doctor

Sarah Gill, a 23 years old transgender has become the first Pakistani transgender doctor, managed to pass the final examination of MBBS...

921

development projects

Turkey to launch 50 development projects in Pakistan this year

The Turkish state-run aid agency is going to launch 50 new development projects in Pakistan in education, health, and agriculture sector. On...

864

Pakistan attracted foreign direct investment worth $1.05 billion in 6 months

According to the data, released by the State Bank of Pakistan on Tuesday, Foreign Direct Investment has gone up by 20 percent year-on-year basis...

Hydroelectric power

Construction work on 800-MW Mohmand Dam is under progress on 13 sites

Mohmand Dam Hydropower Project has the capacity to generate 800 megawatts (MW) of low-cost hydel electricity, being constructed on River Swat in...

582

NCOC bans indoor dining and weddings for cities with over 10% Covid positivity

All districts and cities with Covid-19 positivity rate exceeding 10 percent would not be allowed indoor dining, gatherings and weddings. On Wednesday,...

740

Islamabad

Traders and citizens of Islamabad openly violating ban on plastic bags

Traders and citizens of the federal capital have been noticed violating the ban imposed on single-use plastic bags amid complacent enforcement of...

845

Much awaited National SME policy hoped to create Pakistan’s own silicon valley

The National Small and Medium Enterprises – SME Policy has been launched and hopefully the country would see the benefits of this...

887

Textile exports rise 26% to $9.38 billion in 1HFY22

Textile and clothing exports has grown 26 percent year-on-year to $9.38 billion in the first half of this fiscal year. According to...

Haripur

Pakistan’s first-ever digital city in Haripur to cost Rs 1.31 billion

Prime Minister Imran Khan has launched the country’s first ever Pakistan Digital City Special Technology Zone project at Haripur. On Monday, Prime...

912

Senate has passed a resolution to give artists their due royalties

On Monday, the Senate passed a resolution on royalties for Pakistani artists, the resolution was introduced by Senator Faisal Javed Khan. After...

Government to modernise and improve road infrastructure of Balochistan

The government will soon improve and modernize the road infrastructure across Balochistan in order to ensure the development and prosperity, said PM....

2.1K

Park Enclave Heights with 6,000 luxury apartments planned for overseas Pakistanis

The government is all set to launch residential project namely Park Enclave Heights for overseas Pakistanis in order to attract about $2...

2.2K

World Bank forecasts 3.4% growth for Pakistan in FY22

According to Global Economic Prospects report 2022 by World Bank, Pakistan’s growth will be 3.4 percent during the current fiscal year and...

Board of Investment implements 100 reforms to facilitate businesses

Out of 168 proposed reforms, the Board of Investment (BOI) has completed 100 reforms which aim to identify, simplify, modernize the regulatory...

744

50% households unable to receive medical attention, reports Oxfam

At least 505 Pakistani households are unable to receive medical attention due to lack of money, released Oxfam report. As per the...

801

digital economy

Better than ever with a long way to go: The future of Pakistan’s digital economy

According to experts, the country is rapidly adopting digitalization, still has a long way to go in order to achieve full objective....

737

Khyber Pakhtunkhwa

Patients from KP to get free kidney and liver transplant facility

People of Khyber Pakhtunkhwa will get a free kidney and liver transplant facility at Pakistan Kidney and Liver Institute Lahore. On Saturday,...

806

Dr Yasmin Rashid

Dr Yasmin Rashid announces to donate organs after death

While addressing a presser at Pakistan Kidney and Liver Institute (PKLI), Punjab Health Minister Dr Yasmin Rashid re-called that saving a life...

857

Khyber Pakhtunkhwa notifies 11 new protected areas for wildlife conservation

The Khyber Pakhtunkhwa government has notified 11 sites as ‘protected areas’ for wildlife conservation, including three national parks. According to an official...

937

Justice Ayesha Malik notified as Pakistan’s first female judge of Supreme Court

Justice Ayesha Malik’s elevation to the Supreme Court judge has been approved by President Arif Alvi and will come into effect as...

700

development projects

Three-year economic development plan for merged tribal districts okayed

Khyber Pakhtunkhwa government has finalized a three-year economic development plan for tribal districts under which 112 projects in different sectors will be...

763

Featured

Oil refineries fear closure in February as demand wanes

Oil refineries concerned over the low demand projected by the power sector and as things are there will be a high risk...

Pakistan exploring alternative travel hotspots for snow tourists

The government is going to develop new travel hotspots to revitalize the tourism industry and project a positive image of the country...

Karachi man serving life sentence for murder wins Rs 1 million scholarship

Muhammad Naeem Shah, who is serving life imprisonment in Karachi Central Jail after he was convicted of murder in 2011, has won...

Egypt’s EdTech Orcas raises $2.1 million in pre-series A round as it expands to Pakistan

Egyptian ed-tech startup Orcas has raised a $2.1 million pre-Series A funding round as it is all set to expand into Pakistan...

745

PM Imran says Pakistan to increase exports to stimulate economic growth

Despite unprecedented challenges that Pakistan government faced during last 3 years, its economic condition was still better than many other countries, stated...

Pakistani passport fourth worst in the world for 3rd consecutive year

For the third consecutive year, Pakistani passport had been ranked as the fourth worst passport for international travel in 2022. According to...

Lahore

Eight shrines, six churches and a temple in Punjab to be conserved and preserved

The work on preservation and conservation of eight shrines, a temple and six churches in parts of Punjab has been started in...

920

dairy sector

Organic milk, fruit, vegetable industry to be developed in Thar

Sindh Chief Minister Syed Murad Ali Shah has directed to develop organic milk, fruit, vegetable industry in Thar, said the region has...

791

Healthcare

Doctor booking startup Oladoc raises $1.8 million in Pre-Series A funding

Healthtech startup Oladoc has claimed to have raised a $1.8 million investment in a pre-Series A round, as the health tech sector...

993

dengue

‘Killer’ fish to be deployed to fight dengue outbreak in Punjab

The Department of Fisheries in Punjab is going to use mosquito-eating fish in order to combat the province’s rising dengue cases. According...

958

FBR announces fair market value of immovable properties in Islamabad

The Federal Board of Revenue (FBR) has announced the new fair market value of immovable properties of Capital areas. The announced value is lowered...

781

circular debt

Circular debt to be brought down to 1.88 trillion rupees by June

The government has planned the power sector circular debt to come down to Rs 1.88 trillion by end-June, about Rs 400 billion...

975

HEC offers international scholarships for PhD students in USA

The Higher Education Commission (HEC) of Pakistan has announced scholarships for students interested in pursuing PhD studies in the United States. On...

754

HIV

Pakistan bans conventional disposable syringes to contain HIV

The conventional disposable syringes have been banned and replaced with auto-disable syringes all over the country. Currently, 13 companies are manufacturing auto-disable...

Pindi to have rainwater harvesting system in five major parks

Mega rainwater harvesting system to be installed in major 5 parks in Rawalpindi, aims to utilize stored rainwater for irrigation in parks...

FBR unearthed Rs 500 million sales tax fraud by Metro Shoes

The integrated point of sales (POS) system of the Federal Board of Revenue (FBR) has claimed its first case of sales tax...

669

Pakistan reports over 5,000 Covid-19 cases, the highest since August

Pakistan has recorded the highest number of Covid cases after five months with positivity rate surging to 9.45 percent, revealed NCOC. According...

HEC issues fresh list of illegal universities, colleges in Pakistan

The Higher Education Commission (HEC) has issued a fresh list of over 140 fake, illegal universities and colleges across Pakistan. According to...

Pakistan Railways launches first ever reefer freight train

Pakistan Railways has successfully launched the first refrigerated container or reefer freight train, aims to provide economical and environment-friendly freight solutions. As...

Rescue 1122 in Attock received 471,658 prank calls in 2021

More than 471,600 prank calls have been received by the rescue 1122 in Attock 2021, proves the nonserious attitude of people towards...

809

Growing economic activities as private sector borrowing surges fivefold to Rs 715.7 billion

According to a report of the State Bank of Pakistan, the private sector borrowing went high by 508 percent to Rs 715.7...

773

Oman invites Pakistanis to invest in its core five sectors

Pakistan has been welcomed to invest in core five sectors of Oman, i.e., mining, logistics, tourism, food security and industrial growth. During...

Cement

Export and local sale of cement drops 4.1% to 27.456 million tons in first half of FY22

Total cement dispatches both domestic and exports fell 4.12 percent to 27.456 million during the first six months of the current fiscal...

Jinnah statue to be erected in London

The statue of Quaid-e-Azam Mohammad Ali Jinnah is going to be erected in London on the 75th Independence Day of Pakistan. While...

Aviation

PIA to cut aircraft-to-employee ratio from 550 to 260 to save Rs 8 billion

Pakistan International Airlines (PIA) sought to cut down its aircraft to employee ratio from 550 to 260, airline would aim to bring...

973

Services exports up 22.94% to $2.72 billion in 5MFY22

The performance of services sector with reference to the exports has been excellent during the period from July to November in the...

BRT

81,000 travelled on Karachi’s Green Line buses in first 3 days of full operations

The Green Line Bus service has become fully operational, 80 buses could be spotted moving around from 7am till 10pm. The service...

CDWP

Naulong Dam in Jhal Magsi and Gomal Zam Dam in Tank to cost Rs 65.9 billion

The Central Development Working Party (CDWP) okayed 10 projects about health, higher education, physical planning, housing and power sectors costing Rs 96.1...

Cardiac Stent

PIC to set up satellite cardiac operation centers in Mardan and Swat

Peshawar Institute of Cardiology is going to help restart cardiac surgeries in Ayub Teaching Hospital, Abbottabad, and will also establish satellite centers...

806

Housing and construction finance jumps 85% to Rs 355 billion in 2021

Housing and construction sector finance by banks increased by an unprecedented 85 percent or Rs 163 billion during the year 2021. According...

Swat, Mansehra, Chitral and Abbottabad to have new integrated tourism zones

In order to promote tourism in Pakistan, Khyber Pakhtunkhwa government has approved declaring three tourists spots of Ghanool (Mansehra), Mankyal (Swat) and...

899

Murree

Govt announces Rs 800,000 aid for each of 22 victims of Murree tragedy

The Punjab government is going to pay financial aid of Rs 800,000 each to the families of the 22 tourists, who had...

Humayun Saeed becomes first Pakistani star to be cast in Netflix original series

The Meray Paas Tum Ho actor, Humayun Saeed is all set to make his appearance in an essential role on a Netflix...

905

employment

Sindh announces 10,490 police jobs with 6,655 alone for Karachi

The Sindh Police has decided to recruit more than 10,490 men and women, from which 6,655 jobs are mainly for Karachi youth...

CDA

Parks to be constructed in Islamabad’s I-14, I-16 and Bhara Kahu by CDA

The Capital Development Authority (CDA) is going to build parks in I-14, I-16 sectors and Bhara Kahu with walking tracks and other...

743

PM Imran says his govt is building highways at lower cost than past

On Wednesday, Prime Minister Imran Khan said that national highways were now being built at lesser cost than past. He added that...

809

Trade deficit widens 106% to $25.478 billion in first half of FY22

As per data of the Pakistan Bureau of Statistics released on Wednesday, the country’s trade deficit widened year-on-year basis by 106.4% to...

Five man-made artificial glaciers set up in Gilgit-Baltistan

The University of Gilgit-Baltistan, Karakoram International University Gilgit, and WAFA Foundation in partnership with the local residents have constructed five artificial glaciers...

695

Banking sector assets rise 21% to Rs 28.8 trillion in 12 months

The total assets of the banking sector rose 20.9 percent to Rs 28.790 trillion till September 2021 against Rs 23.808 trillion in...

776

PM Imran Khan paid more income tax than Shehbaz, Bilawal, Gillani

Prime Minister Imran Khan paid tax of Rs 9.85 million during tax year 2019 against Rs 282,449 paid in tax year 2018,...

694

Harassment

Pindi sees rise in sexual abuse cases against children and women in 2021

At least 125 cases of sexual abuse against children and women in 2021 have been reported in Rawalpindi. According to the report,...

735

Pakistan completes first-ever smart card registration of 1.4 million Afghan refugees

UN refugee agency (UNHCR) has praised Pakistan for completing its first ever drive to verify data of around 1.4 million on-the-move Afghan...

2.5K

Football

German engineers to develop Pakistan’s first state-of-art soccer city stadium in Karachi

Pakistan is soon going to have soccer city stadium as Global Soccer Ventures (GSV) has joined hands with NED University of Engineering...

715

Industrialization, exports key to economic growth: PM Imran

In order to make Pakistan economically strong and self-reliant, fast Industrialization and heavy exports were a must part, said PM Imran Khan....

Crime rate in Punjab went down by 44% in four months

There has been a reduction of up to 44 percent in crime rate in the last four months of 2021, said Punjab...

909

Pakistan, World Bank sign $124 million agreement to tackle climate change

The memorandum of understanding (MoU) to tackle climate change has been signed by the the Ministry of Climate Change and the World...

835

Exports surge by 24.71% to $15.102 billion in first half of FY22

The exports from the country during first half of current financial year (July-December 2021) witnessed about 24.71% growth to $15.102 billion as...

900

Pak-China Business Investment Forum launched with 18 Chinese, 19 Pakistani companies

Chinese Foreign Ministry Spokesperson Wang Wenbin addressing a press conference lauded Pakistani authorities over the launch of Pak-China Business Investment Forum (PCBIF)....

929

Crime

FIA recovers Rs 1.2 billion in 335 cases of financial crimes in 2021

The Federal Investigation Agency (FIA) has recovered about Rs 1.273 billion from 422 accused in 335 cases of financial crimes in the...

855

Inflation skyrockets to 12.3% in December, the highest in 22 months

Pakistan witnessed a rising swing in customer prices as inflation in Pakistan hit the roof to 12.3% in December 2021, showing the...

Around 45,000 low-cost housing units under construction across country

Around 45,000 low cost housing units are under construction across the country under Naya Pakistan Housing scheme including Punjab peri-urban housing project....

650

Fawad says Pakistan headed in ‘right direction’, economy will be ‘far better’ by August 2022

Information Minister Fawad Chaudhry claimed that Pakistan was moving in the “right direction” and that the economy of the country will be...

720

health insurance

Rs 1 million annual health insurance okayed for people of Islamabad and Punjab

Prime Minister Imran Khan observed the formal acceptance of a memorandum of understanding (MoU) by State Life Insurance Corporation (SLIC) and the...

PTI constructed 2000 km road projects across Pakistan

Pakistan Tehreek-e-Insaf (PTI) government has completed work on 2000 kilometers road projects, also started work on additional 6118 km of roads network....

932

FBR collection jumps 32% to Rs 2.92 trillion in six months

The Federal Board of Revenue (FBR) has collected Rs 2.920 trillion in the first half of the current fiscal year (6MFY22), surpassing...

965

28 Pakistani companies win GDIB awards for best practices in industries

Good news for Pakistan, 28 business houses have won Global Diversity and Inclusion Benchmarks (GDIB) Awards 2021 in different categories. Zahid Mubarik,...

1.9K

Electric tram service to be launched along Lahore’s Canal Road and Multan Road

Chief Minister Sardar Usman Buzdar has ordered for starting the environment-friendly electric tram service along Lahore’s Canal Road and Multan Road. The...

677

Aviation

Pakistan updates travel advisory amid looming Omicron-driven fifth Covid wave

The Civil Aviation Authority (CAA) of Pakistan has updated the travel advisory amid rising cases of the Omicron variant in the country....

872

OGDCL

Biggest oil, gas reserves of the last decade discovered in KP

OGDCL has discovered huge oil and gas reserves in the Wali block near Lakki Marwat in KP, biggest one in the last...

895

Housing Scheme

18,418 low cost houses and 12,400 apartments to be built in Islamabad

At least 18,418 low cost houses are going to be built in federal capital Islamabad, NAPHDA and WWF collaboratively going to work...

1.6K

Pakistan faces daunting challenges as it enters 2022

Pakistan faces the intimidating challenges of reducing the troubles of a tremendously increasing national debt, waste of national resources, a rapidly growing...

Documentary

‘Where Men & Mountains Meet’ documents historic construction of Karakoram Highway

“Where Men and Mountains Meet” honors and recalls the historical predicament- a documentary film produced by ISPR in collaboration with Delirium Productions and FWO...

696

CPEC

China honours outstanding Pakistani workers of CPEC projects

Asad Umar recently spoke at an award-giving ceremony pronounced for 27 Pakistani workers of various CPEC projects due to their exceptional performance...

Organic farming

Pakistan’s first-ever ginger harvest inaugurated in Chakwal

Senator Dr. Sania Nishtar -Special Assistant to the Prime Minister on Poverty Alleviation and Social Protection has inaugurated the first-ever ginger cultivation...

2.1K

Inflation

Proposed 17% sales tax on number of items to further fuel inflation rate

Supplementary Finance 2021 has been presented in the National Assembly by the Federal Minister of Finance on Thursday. In the bill, the...

employment

Punjab to announce 25,000 new health sector jobs this year

Punjab Health Minister Yasmin Rashid has announced 25,000 jobs in addition to describing the usage of Sehat Cards that would be delivered...

940

Punjab to hire 70,000 Arabic teachers

Chief Minister Usman Buzdar has accepted the employment of 70,000 Arabic teachers for compulsory education of the Holy Quran in all schools...

700

Pakistan’s regional exports increase 30.9 percent in five months

The exports of Pakistan to the seven regional countries observed an upsurge of 30.90 percent in the first five months of the...

763

Automotive

Man from Karachi creates unique 16-foot long motorcycle

As an alternative to buying a car, a Karachi fellow has transformed his motorcycle into a distinctive long vehicle that can hold...

First Islamabad-Istanbul cargo train reaches Turkey via Tehran in 13 days

The first cargo train between Istanbul and Islamabad via Tehran (ITI) reached Ankara via Lahore, Taftan and Zahedan, completing its journey in...

Clean Green Pakistan

UN climate summit declared Pakistan Forestry Champion

A big honor for the country- Pakistan will guide Asian countries regarding forestry and green initiatives to muddle through the effects of...

790

NCOC announces Omicron-driven fifth wave of Covid-19 in Pakistan

National Command and Operation Centre (NCOC) on Monday announced the start of Omicron-driven fifth wave of Covid-19 in Pakistan. The country reported...

Citizenship

Foreigners investing in Pakistan will be eligible for citizenship

The Government of Pakistan (GoP) is mulling to grant residency/citizenship to those foreigners who bring investment in the country. “We are working...

4.4K

8 million tons of surplus rice worth $4 billion to be exported to new markets

The country would export surplus stock of rice to new markets, which were being sightseen internationally, Federal Minister for National Food Security...

2.3K

Oil Refinery

Pakistan Refinery Limited unveils $1.2 billion expansion project

Pakistan Refinery Limited (PRL) is going to expand and upgrade its production capacity at an estimated cost of $1.2 billion. Mr. Zahid...

China

Pakistan now only behind China, India with over 33 million diabetes patients

Pakistan has become the third country in world ranking only behind China and India having 33 million people suffering from diabetes and...

Current Account deficit

Remittances to keep current account deficit manageable

The Ministry of Finance emphasizing the growing recent account deficit and greater inflationary pressure as foremost tests has said dependence on greater...

Second spell of heavy winter rain expected from tomorrow

Several regions of Pakistan are expected to receive a second spell of winter rain between January 4 (Tuesday) and January 6 (Thursday),...

901

Inflation

Arif Habib Limited expects inflation to ease by middle of next year

Arif Habib Limited (AHL), the investment banking arm of the legendary industrial corporation, stated on Friday that it anticipates inflation will return...

867

innovation

Pakistan jumps 8 spots to 99th position in Global Innovation Index 2021

Pakistan has succeeded to fetch the 99th position among the 132 by the World Intellectual Property Organization, a dedicated UN agency, in...

885

Track and trace system helps FBR collect 11% more tax from sugar sector

The federal tax collecting body has been successful in achieving 11 percent growth in revenue from the sugar sector during the period...

Plan to double number of software technology parks within a year to 40

All determinations had been completed to upsurge the approach of technology in small towns and cities and the number of software technology...

773

Pakistan launches national pavilion on China’s e-commerce platform JD

Pakistan’s National Pavilion on JD.com, China’s e-commerce platform has been inaugurated, intended to provide a platform to Pakistani and Chinese dealers for...

Karachi to have new fuel jetty for better oil handling

The Ministry of Energy identified numerous limitations on Karachi ports, which has decreased its oil handling ability by half, charging billions of...

Nine NUST Researchers among World’s Top 2% Scientists by Stanford University

Almost nine researchers from the National University of Sciences & Technology (NUST) ascended to distinction by standing among the world’s Top 2...

964

Health insurance for tribal people raised to Rs 1 million

The government has decided to increase per family health insurance package from Rs 720,000 to Rs 1 million under the Sehat Sahulat...

CM Buzdar inaugurates Rs 659.2 million Abdul Sattar Edhi Underpass

Chief Minister of Punjab Sardar Usman Buzdar has inaugurated Gulab Devi Underpass worth Rs 659.2 million and declared to term it after...

1.6K

SBP Amendment Bill bars government borrowing from central bank

Revised draft of SBP Amendment Bill 2021 has been approved by the federal cabinet that promises complete autonomy to State Bank of...

1.9K

Work on dualization of 796 km Chaman-Quetta-Karachi Highway begins

Minister for Communications and Postal Services Murad Saeed voiced that construction work on the “most important” Karachi-Quetta highway will initiate this month....

1.6K

Pakistan dependent on dollar inflows through international commercial banks

Pakistan constantly relies considerably on international commercial banks to generate dollar inflows to evade the reduction of foreign currency assets in spite...

Cabinet approves Pakistan’s first-ever national security policy

Prime Minister Imran Khan has approved Pakistan’s first-ever National Security Policy (NSP) 2022-2026 on Monday and called it a “historic moment” for...

Ericsson

Telecom giant Ericsson plans to increase investment in Pakistan

Telecom giant Ericsson has articulated the purpose to boost investment and host the finest technology in Pakistan. During a conference with Federal...

976

Lahore

450 Kanal agricultural land in Lahore to be used for Rs 25 billion industrial project

The government of Punjab has allowed using 450 Kanal agricultural land for industrial purposes by a Chinese company for a project worth Rs 25...

2.6K

Sajal Aly hailed as one of ‘Most Beautiful Faces of 2021’

Popular Pakistani actress Sajal Aly placed 79th on “The 100 Most Beautiful Faces of 2021,” according to a list released by TC...

987

Foreign remittances fall by 6.6% to $2.35 billion in November 2021

Pakistan’s overseas remittances dropped by 6.6% during November 2021, as the exchange rate of the country also continues to obstinately drop against...

Karachi

CDWP refers mega K-IV Karachi water supply project to ECNEC for approval

The Central Development Working Party (CDWP) has approved Establishment of Safe Blood Transfusion Services in ICT with a cost of Rs 528.4 million, recommended...

Real estate market main pillar of Pakistan’s economic growth in 2021

As the last year proved to be devastating for a number of segments of economy, from which a handful of areas showed...

China

HEC offers international scholarships in collaboration with China, Hungary

China and Hungary, in association with the Higher Education Commission (HEC), have proclaimed scholarships for Pakistani students for the 2022-23 admission. To...

1.9K

development projects

Gulberg to Defence Chowk to be made 5-km signal-free corridor with Rs 2.8 billion

The government of Punjab gave approval for the construction of a 5-kilometres long signal-free corridor from Centre Point Gulberg to Defence Chowk,...

3.1K

All Punjab families to get Naya Pakistan Sehat Card by March 2022

The government will be launching a historic welfare project of Naya Pakistan Sehat Card from January while Sehat Card has already been...

Punjab registers 2,970 FIRs, imposes fine to combat smog problem

Punjab has recorded more than 2,970 FIRs between October 1 and December 18, along with the imposition of a heavy fine on...

787

Revised strategic trade policy framework projects $57 billion export target by 2025

The Federal Cabinet has approved the revised Strategic Trade Policy Framework (STPF) 2020-25 with a string of policy measures to promote the...

851

Rain at various parts of country reduce smog and air pollution

Rain with snow over the hills in upper/central Balochistan, Khyber Pakhtunkhwa, Potohar region, Gilgit-Baltistan and Kashmir has helped reduce fog/smog and air...

741

Pakistan, Russia to collaborate in trade, investment and the energy sector

Pakistan and Russia have purportedly decided to mature a two-sided fiscal substructure via their central banks meant to facilitate trade, investment activities,...

598

WHO approves Novavax as 10th authorised COVID jab

The World Health Organization has approved a COVID inoculation prepared by US pharma giant Novavax for emergency use when the European Union...

2.3K

King Edward Medical University female student bags 23 gold medals

A student of King Edward Medical University (KEMU), Dr Noorus Saba Ahmed has been bestowed 23 gold medals for attaining the first...

Dubai Expo

Pakistan Pavilion at Dubai Expo welcomes record 550,000 visitors in 82 days

Almost 550,000 people visited the Pakistan Pavilion at Expo 2020 Dubai in the United Arab Emirates in just 82 days since its...

840

Electricity

World Bank approves $195 million loan to improve Pakistan’s electricity distribution

Pakistan has been approved a $195 million loans by The World Bank’s Board of Executive Directors with the aim to increase electricity...

741

School Milk Programme for students of 90 Punjab schools launched

Friesland Campina Engro Pakistan Ltd (FCEPL) in association with University of Education Punjab initiated a ‘School Milk Programme’ (SMP) in a splendid...

874

Current Account deficit

Current account deficit jumps to $7 billion in five months

The Current Account Deficit (CAD) in the month of November stood at $1.9 billion as compared to $1.76 billion during this month,...

Hyderabad-Sukkur Motorway to be constructed on BOT basis at a cost of Rs 191 billion

The Executive Committee of the National Economic Council (Ecnec) has officially approved four development plans valued at Rs 265 billion, as well...

1.8K

SBP limits how much foreign currency you can buy in Pakistan

The State Bank of Pakistan (SBP) has amended its regulations regarding purchase of foreign currency in an attempt to curb the buying...

2.1K

Pakistan-origin Asma Ashraf receives prestigious French award

Pakistani-origin Asma Ashraf received France’s high-status National Order of Merit for her utmost facilities in parts of education and social well-being for...

Non-textile exports jump 25% to $4.61 billion in five months

Country’s non-textile exports grew 24.59 percent year-on-year to $4.61 billion in the first five months of the current fiscal year. The government...

Maya Ali features in Filmfare’s Most Influential Women 2021

A great achievement- Maya Ali has succeeded to grasp her position in Filmfare UAE’s list of most influential women this year. ‘I...

958

Ehsaas

Four new purpose built multistoried Panagahs to be built in Islamabad

Prime Minister Imran Khan has inaugurated the new model of Panagahs being constructed in Islamabad Capital Territory having better-quality standards and structure. ...

722

Banks disburse record Rs 1.4 trillion agricultural loans in FY21

Governor of SBP appreciated that despite Covide-19, collective efforts of 50 financial institutions under ACAC guidance helped to disburse unprecedented Rs 1.4...

fertilizer

Fatima Fertilizer creates history with highest safe man-hours recorded

Fatima Fertilizer has earned the honor to become the first company to have made 60,220,000 safe man-hours, which is the greatest achievement...

857

Islamophobia

Pakistan, Turkey, Malaysia to launch Islamic TV channel

Pakistan, Turkey, and Malaysia are planning to mutually launch a TV channel to encourage media links said Minister of Information and Broadcasting Chaudhry...

797

Oil, food imports surge 78% to $12.4 billion in July-November

The country’s oil and food imports moved up by 78 percent to $12.4 billion during the first five months of this fiscal year...

851

More women universities to be set up by Punjab government

The government would set up new women universities in the province, the provincial minister said during the assembly’s Question Hour session. During...

903

Islamic Development Bank

Islamic Development Bank approves $180 million for Mohmand Dam in KP

The Islamic Development Bank (IsDB) has accepted $252 million lends to Pakistan for the development of Mohmand Dam in Khyber Pakhtunkhwa and...

818

Pakistan economy’s money market, stock market and exchange rate under pressure

Due to worsening macroeconomic rudiments and provoking sentiments, three of the main markets of Pakistan economy’s, including the stock market, money market,...

769

Domestic Violence

Women in Punjab reported 8,797 cases mostly of rape, domestic violence in 2020

In the era of 2019 and 2020, women in Punjab had gone through shockingly high occurrences of harassment, rape, sexual assault, kidnapping...

First-ever Fast Track Service to process, deliver passports at home within 2 days

A new service titled ‘Fast Track Service’ has been introduced by the government of Pakistan- intended to provide passports to candidates at...

675

Over time, chemical air pollution produces new toxins

Fragments of industrial chemical substances in the atmosphere can potentially convert into new more toxins which are untiring than the original pollution,...

Piyala lake in southern Punjab to be made recreational site for tourists

Bowl-shaped Piyala Lake located near the Indus River in southern Punjab to be made tourist site with boating area, walking track, gazebo,...

912

Pakistan, Oman take part in navy exercise in North Arabian Sea

A bilateral naval exercise named Thamar Al Tayyib 2021 (TAT-21) has been done by the Pakistan Navy and Royal Navy of Oman...

671

Hospital

LDA hands over 122 kanals to health department for a 100-bed hospital

The Lahore Development Authority (LDA) dispensed the ownership of its 122 Kanal land which once contained the Kot Lakhpat fruit and vegetable...

985

industrialization

Large scale manufacturing grows by modest 3.56% in July-Oct FY22

Large-Scale Manufacturing (LSM) has contracted by 1.19 percent in October from the same month a year ago. After Covid-19, Pakistan witnessed a...

837

Government to aid around five million small businesses under new SME policy

The government revealed the new Small and Medium Enterprises (SME) Policy 2021-25, with the aim to promote nearly five million businesses via...

697

ECC gives approval to auto policy 2021-26 and textile and apparel policy 2020-25

With incentives to promote exports from Pakistan, the Economic Coordination Committee (ECC) of the cabinet has approved Textile and Apparel Policy, 2020-25,...

712

Pakistani hero Naeem Rashid gets New Zealand’s highest bravery award

Two New Zealanders have been given the country’s premier valor award for challenging a white chauvinist gunslinger during a 2019 terror attack...

Over 8 million hectares of wasteland to be turned to grow olive

Over eight million hectares of Pakistan’s wasteland can be utilized to cultivate olive which can be exported to make the foreign exchange...

Budget 2020

Govt to impose 17% GST on 140 goods in the mini budget

The government of Pakistan completed the mini-budget to the tune of Rs 360 billion that would smack 17% General Sales Tax (GST)...

812

malnutrition

177,000 children in Pakistan die from malnutrition before they turn 5

Pakistan faces huge micro-nutrient deficiencies which have a deep influence on the immunity, growth, and mental development of children. Each year, over...

E-Commerce

Pakistan’s grocery startup Krave Mart raises $6 million in pre-seed funding

Krave Mart, a quick-commerce (q-commerce) startup that offers the transfer of foodstuffs and other products in just 10 minutes, has upraised $6...

745

Inflation

Asian Development Bank forecasts higher inflation in Pakistan

The Asian Development Bank (ADB) has predicted higher than projected inflation in Pakistan mostly due to a rise in energy rates and...

Gilgit Baltistan

Skardu International Airport, Jaglot-Skardu road to turn GB into top tourist spot

The Skardu International Airport and Jaglot-Skardu road have been inaugurated by Prime Minister Imran Khan during his visit to the region. Previously,...

CPEC jobs

Gwadar to generate 1.2 million high-paid jobs for skilled local youth

The coastal city of Gwadar is all set to provide around 1.2 million high-paid jobs for local skilled workers and professionals. The...

717

COVID-19 and the deadliest viruses in history

COVID-19 has been proven to be the most deadly and contagious than most other viruses epidemics of the 20th and 21st centuries....

PM Imran Khan expects GDP to grow at a higher rate

The macroeconomic indicators of Pakistan were stable, and the GDP would grow at a greater rate by the end of this financial...

789

Remittances up 9.7% to $12.9 billion in five months

In November 2020, the remittances received from overseas Pakistanis had stood at $2.33 billion while during the same month, this year, they...

918

Federal government to stop financing provincial development projects

The federal government has decided to stop financing provincial development projects, particularly those relating to devolved subjects. According to the 18th Constitutional...

844

debt servicing

Govt acquired $34.17 billion foreign loans in three years and returned $35.1 billion

The government has acquired $15.32 billion new foreign loans from multidimensional institutions and profitable banks in the previous fiscal year (2020-21), nearly...

Pakistan prepares over Rs 11 billion package for Afghan students

With the aim of providing the assistance package to the budding Afghan government, Pakistan has decided to give thousands of subsidies to...

648

Winter vacations in schools to begin from January 3

National Command and Operation Center (NCOC) has decided the rescheduling of winter vacations of education institutes on Friday and now winter vacations...

footwear

Footwear exports likely to reach $1 billion by 2027

Pakistan’s footwear industry is expected to increase its exports to $1 billion by 2027, said Pakistan Footwear Manufacturers Association (PFMA) chairman. According...

E-Commerce

Chikoo app launched as Brandverse raises multi-million dollar seed round

Chikoo app launched as Brandverse, a Pakistani e-commerce enabler, has earned multi-million dollar investment during a seed round run by the JS Group....

787