Posts By Syeda Sadia Shahid
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911CareemUber in talks with Careem about foreign investment
Uber – the ride-hailing giant is in the development of hovering an investment north of $700 million for Careem, which the company...
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643Japan
Japanese Consul General terms Karachi vibrant and peaceful city
Karachi is turning into a lively city in which many social and cultural events are taking place on regular basis. The city...
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1.1KAviation
New Gwadar airport approved at Rs 51.298 billion, a 550% higher cost
The Federal Government made approval for setting up of New Gwadar International Airport (NGIA) having over 550 percent higher cost i.e. Rs...
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884Pakistan
Wasa plans to convert disposal stations to solar energy
In order to utilize green energy, Water and Sanitation Agency WASA is going to transform its critical five major disposal stations into...
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707furniture
Furniture exports grow more than 202% in 4 months to $2.78 million
The furniture exports of Pakistan recorded an escalation of 202.49 percent in the first four months of the existing financial year as...
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1.2KCDA
180 foot-tall Ferris wheel to be installed at Islamabad’s lake view park
The largest Ferris wheel of Pakistan having an altitude of around 180 feet has been decided for installation at Lake View Park....
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828Pakistan
Overseas Pakistanis raising $50,000 CAD to support family of Priyantha Kumara
Overseas Pakistanis have upraised tens of thousands of dollars to deliver nonstop assistance to the family of Priyantha Diyawadan Kumara, a Sri...
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901Construction
Steel bar prices rise by Rs 2,000 to Rs 197,500 per ton
Steel bar makers have increased the prices by Rs 2,000 per ton, sky rocketing the price to Rs 197,000 due to continuous...
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832Inflation
Pakistan is still the cheapest country to live in: PM Imran Khan
Prime Minister Imran Khan has reiterated that Pakistan is still the cheapest country to live in, claiming that the skyrocketing inflation will...
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699LNG
Pakistan LNG Limited utilizing only 70% of second LNG terminal
The Petroleum Division revealed that Pakistan LNG Limited (PLL) has been capable to exploit only 70% of the capacity of the country’s...
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652seed funding
Online travel platform Bookme.pk raises $7.5 million in ‘Series A’ funding round
Lahore-based Bookme.pk made an announcement that it has closed a $7.5 million Series-A subsidy round for its digital ticketing platform, as the...
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586Health Card
PM Imran Khan Launches Naya Pakistan Card Initiative
Prime Minister Imran Khan officially launched the Naya Pakistan Card initiative, taking jumbo welfare programmes of the Pakistan Tehreek-i-Insaf (PTI) government including...
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868International
Pakistan-born Farmida Bi elected global chair of Norton Rose Fulbright
Global law institution Norton Rose Fulbright has elected Pakistani lineage London capital markets and Islamic finance partner Farmida Bi as its global...
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757Coronavirus
Pandemic health costs pushed 500 million people into poverty
Globally, above half a billion (500 million) people were broken into extreme poverty the previous year because they paid for health costs...
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1.1KFeatured2
Banks disburse Rs 23.5 billion low-cost housing loans in 5MFY22
Disbursement of low-cost housing loans jumped by 80 percent to Rs 23.5 billion in the first five months of the current fiscal...
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1.8Kdevelopment projects
Rawalpindi to be divided into city, cantonment and saddar tehsils
The government had taken the decision to divide Rawalpindi into three tehsils i.e. city, cantonment, and Saddar, Punjab Law Minister Mohammad Basharat Raja had...
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1.5Kengro
New 100,000 tons PVC Plant of Engro Polymer inaugurated by PM Imran
Prime Minister Imran Khan had inaugurated a 100,000-tonne PVC III plant of Engro Polymer and Chemicals (EPCL), which will help to enable...
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640Judiciary
Police and judiciary Pakistan’s most corrupt institutions, says Transparency International
Over 90 percent of Pakistanis consider that inflation and price hikes are the maximum in the PTI government’s era compared to former...
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659Ehsaas
ADB approves $603 million loan to support Pakistan’s Ehsaas programme
Acknowledging the importance of the Ehsaas program in Pakistan, Asian Development Bank (ADB) has approved a loan worth $603 million. A statement of...
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1.3KFaisalabad
Pakistan’s biggest expo center to be constructed in Faisalabad
Usman Buzdar, the Chief Minister of Punjab has given consent in principle for constructing the largest expo center of Pakistan in Faisalabad....
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700green bond
WAPDA eyes to raise $2.4 billion in 4-5 years through Green Bonds
WAPDA aims to generate $2.4 billion in the next four to five years through Green Bonds, securing annually between $500-600 million on...
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875Economy
Govt to change the formula for determining the rate of inflation
The government has decided to modify the formula for finding the rate of inflation in the country and for this purpose the...
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674China
China-Pakistan friendship provinces, cities set up to promote cooperation
A meeting on collaboration between China and Pakistan Friendship Provinces and Cities was held online which served as a highlight of commemorations...
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1.2KGilgit Baltistan
Government to introduce high speed internet in Northern Areas
High-speed internet facilities will be accessible shortly in Kaghan, Chitral, Naran, Neelum Valley, and other tourism hotspots in the northern areas of...
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1.3KFeatured
Karachi’s first-ever modern mass transit Green Line bus service launched
Prime Minister Imran Khan has officially initiated the Green Line Bus Rapid Transit project in Karachi, a ray of hope for the...
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798circular debt
Power sector circular debt rose by Rs 139 billion to Rs 2.419 trillion during 4MFY22
Pakistan’s circular debt, during the first half (July – October) of the fiscal year 2021-2022, has increased by Rs 139 billion. In...
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564Lahore
70% of Lahore illegally built, says ACE Punjab
Almost 70% of Lahore is unlawfully built, Punjab Anti-Corruption Establishment (ACE) Director-General Gohar Nafees disclosed on Wednesday. In line with the report...
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700Malala Yousafzai
Pakistan’s Malala, Abia, Laila make it to ‘BBC 100 Women 2021’
Winning the world with their absolute willpower, drive, and involvement, three Pakistani women have made their place in BBC 100 Women list....
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597Foreign exchange reserves
SBP foreign exchange reserves rise $2.65 billion to $18.66 billion
The foreign exchange reserves of Pakistan increased by 16.6% or $2.648 billion to $18.658 billion during the week ended on December 3...
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790Business
Services export rises 24% to $2.122 billion in first four months
Services export has been risen by over 24.25 percent year-on-year to $2.122 billion in the first four months of the current fiscal...
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972Documentary
Sharmeen Obaid Chinoy receives award from British human rights organisation
Pakistani-Canadian journalist, Sharmeen Obaid-Chinoy, two-time Academy Award champion, has been granted by British human rights organization The People’s Portfolio for “inspiring leadership,...
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812Cement
Cement sales rise 7% to 4.82 million tons in November
During the period from July to October, this year, the domestic sales and export of cement in Pakistan came down by 7...
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1.1KKhyber Pakhtunkhwa
KP, Punjab collectively had 54,746 road accidents in last six years
An 8% drop in the total number of deaths from road accidents has been recorded in Pakistan between a six-year period of...
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1.5KBusiness
Coca-Cola to inaugurate $50 million greenfield plant in February, 2022
Coca-Cola Icecek Pakistan on Monday said the $50 million greenfield project in the Haripur district of Khyber Pakhtunkhwa would be completed by...
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1.2KInstaKin
InstaKin startup connects overseas Pakistanis with families
A native startup InstaKin is conveniently connecting the overseas Pakistanis with their families back home, resolving the common however unattended disputes like...
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1.3KLahore
Pakistan to reopen Lahore’s famous Jain temple
After nearly three decades, Pakistan is soon going to reopen the well-known Jain Temple after its rebuilding and renovation. Jain Mandir- The...
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838National Savings
National Savings outflows reduce government’s borrowing options
The outflows from the National Savings Schemes (NSS) continued during the first four months of 2021-22 when the government of Pakistan has...
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1.3Kdevelopment projects
Balochistan to release Rs 182 billion to FWO for dam, road projects
The Balochistan cabinet has discussed a 21-point agenda in a marathon session and took numerous decisions on essential matters, with the release...
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764Khyber Pakhtunkhwa
Free liver transplant facility in KP only for poor patients
The Khyber Pakhtunkhwa government has taken an initiative for poor people and decided to give free liver transplant facilities only to ‘selected...
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687Kinnow
Kinnow exporters hit by import tax increase by Taliban
The Afghan government has imposed an Rs 33 per kg import tax on kinnow this season against Rs 3.5 per kg of...
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1.8KConstruction
First-ever plastic road in Islamabad made with 10-tonne bottles goes functional
Pakistan’s ‘first plastic road,’ carpeted with almost 10 tonnes of recycled plastic waste, was inaugurated in Islamabad on Monday. Interior Minister Sheikh...
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2.0KFeatured2
14-storey Italian cruise ship bought for Rs 2 billion to be dismantled and sold as junk
The 1200-room Italian-built cruise ship which was purchased for Rs 2 billion and brought to Pakistan will now be destroyed and sold...
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1.6KPakistan
Sialkot tragedy could be a turning point, says Malik Adnan after receiving appreciation letter
Prime Minister Imran Khan on Tuesday presented Malik Adnan – the man who tried to save the life of his Sri Lankan...
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921Pakistan
President Alvi promoting family dental practice called out for ‘conflict of interest’
Dr. Awab Alvi, son of President Dr. Arif Alvi, said approving a $25 million Memorandum of Understanding (MoU) among the Alvi Dental...
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731China
Pakistan offers huge opportunities to Chinese investors in the textile sector
Pakistan has offered the Chinese investors gigantic opportunities to mature a deeper understanding of the investment opportunities in the textile sector, said...
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806Coronavirus
Low vaccination creating new Covid variants, warns WHO
The World Health Organization cautioned a “toxic mix” of low vaccination coverage and little testing rates was generating fertile breeding ground for...
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1.2KEducation
Pakistani writer Aysal Waheed published six books on Amazon at the age of 11
Pakistani creative writer Aysal Waheed has efficaciously published six books on Amazon at the tender age of 11. It has been informed from...
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874Budget 2020
Mini budget to come in January with adjustments worth Rs 600 billion
The government has concluded a mini-budget concerning fiscal modifications and disbursement cuts worth about Rs 600 billion as part of an understanding...
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802E-Commerce
Pakistan to soon have its first e-commerce university
The government is planning to lay the foundation of Pakistan’s first e-commerce university in near future, said Special Assistant to the Prime...
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657K-Electric
NEPRA allows K-Electric to charge additional Rs 1.08 per unit for October
The National Electric Power Regulatory Authority (Nepra) permitted K-Electric (KE) to charge near Rs 1.08 per unit additional fuel cost for electricity...
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1.2KPakistan
Railways runs steam engine train to revive tourism
Pakistan Railways has organized a special steam engine tourism train for Rawalpindi, Attock, and Nowshera for the revival of tourism activities as...
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732Business
Import bill of 30 items rise 142% in November
The import bill of 30 items reached Rs 696.346 billion during November as compared to Rs 287.131 billion during the same month, last year,...
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546Pakistan
70 enterprises get active status in special economic zones
Only in five months of its formation in January this year, the Special Economic Zone Management Information System (SEZMIS) has enlisted record...
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668food inflation
Weekly inflation declines 0.48 percent
Weekly inflation for the week terminating on December 2 observed a drop of 0.48 percent week-on-week, however, it increased by 18.6 percent...
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573marketplace
Wahyd Logistics Marketplace Empowering the Transporters
Wahyd has generated a marketplace that allows them to attach shippers and transporters locally by serving transporters discover, bid on, and gain...
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580Economy
Textile exports projected to cross $20 billion target during current fiscal year
Textile exports are likely to achieve the target of over $20 billion due to the government’s export-oriented policies and strong economic recoveries....
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805covid-19
Covid audit reveals massive Rs 5.24 billion irregularities by Utility Stores Corporation
The federal government has issued the audit report of expenses made under COVID-19 related methods, illuminating indiscretions worth Rs 5.24 billion in...
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764Pakistan
Rs 117 billion raised through auction of fixed-rate Pakistan Investment Bonds
The first auction of Pakistan Investment Bonds (PIBs) after an upsurge in the interest rate observed a jump in rates as cut-off...
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759Digital Pakistan
After US and UK, Eshal Corporation enters Pakistan to digitalize small businesses
Pakistan-based IT Company, Eshal Corporation, is working with a goal to make every small business go digital. So, for the achievement of this...
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642Pakistan
Punjab becomes Pakistan’s first polio-free province
Punjab has grown into Pakistan’s first polio-free province after all environmental samples gathered from the sewerage water from various cities verified negative...
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492Investment
Outflow of profits, dividends on foreign investment falls 16.5% in July-October
The outflow of profits and dividends on foreign investment in Pakistan has declined by 16.5 percent to $566 million in the first...
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954Aviation
PIA becomes first international airline to fly directly to Fujairah
Another honor for Pakistan- Pakistan International Airlines (PIA) has turned out to be the first international airline to fly directly to Fujairah in the...
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753Economy
Inflation rises to 11.5% in November, highest in 21 months
During the month of November, inflation has registered the highest rise in 21 months with an 11.5 percent rise on a year-on-year...
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690Domestic Violence
Swedish Embassy, UN Women Pakistan join hands to end violence against women
Due to the 16 days of activism against the gender-based violence movement all over the globe, UN Women Pakistan and the Swedish...
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967Business
Pakistan sets up gems and jewellery export promotion authority
The federal cabinet has approved the establishment of the “Pakistan Gems and Jewellery Export Promotion Authority”, the draft would be presented before...
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712Depression
Social media use tied to increase of depressive symptoms in adults
Excessive use of social media platforms like Snapchat, Facebook, or TikTok is possible to be allied with a greater likelihood of a subsequent increase in depressive...
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605International
Pakistan elected head of Group of 77 at the United Nations
Pakistan has been chosen the next leader of the ‘Group of 77’- the largest intergovernmental grouping of developing countries in the United...
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757FBR
FBR beats five-month tax target by Rs 298 billion, an increase by 36.5%
Federal Board of Revenue (FBR) has exceeded the five-month (July-Nov) tax collection target by Rs 298 billion and collected Rs 2.314 trillion...
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779circular debt
Govt mulls new plan to bring down circular debt by Rs 300-400 billion
The government is planning to initiate a scheme to decrease the routine of the circular debt by announcing dividends for the shareholders...
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1.4Kdevelopment projects
PTI govt to build six-lane bridge over Karachi waters at a cost of Rs 2.3 billion
With the aim to lessen traffic congestion, the Karachi Port Trust (KPT) is presently working on a six-lane bridge, the Federal Minister...
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1.2Khousing finance
SBP hikes housing exposure limit of banks to 25%
The State Bank of Pakistan (SBP) has increased the limit of banks’ exposure to housing and construction to 25 percent from 15...
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978Automotive
ECC okays one rupee increase in profit margins of OMCs, petroleum dealers
The Economic Coordination Committee (ECC) of the Cabinet approved revised margins of oil marketing companies (OMCs) and petroleum dealers on the motor...
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887Coronavirus
Pakistan okays booster shots for those 50 and above amid Omicron fears
Pakistan has given the go-ahead to booster shots of COVID-19 vaccines for healthcare workers, immune-compromised persons and those aged 50 and above...
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876Featured
Pakistan receives $3 billion loan from Saudi Arabia
The State Bank of Pakistan on Saturday received the much-awaited $3 billion loan from Saudi Fund for Development (SFD), as part of an...
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1.8Kdrone delivery
Pakistan unveils new indigenously developed Shahpar-II armed drone
Pakistani firm Global Defence and Industrial Solutions (GIDS) unveiled an armed version of its Shahpar-II UAV at the Egypt Defence Expo (EDEX). Besides the...
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1.1KStartup
Befiler secures grant from Karandaaz to promote tax compliance
Befiler, an online tax filing portal, has obtained grant for a digital experiment from Karandaaz Pakistan, a not-for-profit company stimulating approach to...
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1.0KForestation
Lahore to combat environmental hazards with IoT based smart trees
The first-ever city of Pakistan, Lahore is going to have Internet-of-Things (IoT) based smart trees of environmental benefits. The Lahore Central Business...
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623International
Cabinet approves $4.2 billion Saudi loan package
The federal cabinet has accepted two loan agreements valued at $4.2 billion got with Saudi Arabia, as well as the $3 billion...
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739Business
Exports, imports see record rise in 1QFY22
Imports and exports both touched the highest-ever level in the first quarter of fiscal year 2021-22 (1QFY22) which persuaded the government to...
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887Education
Monthly stipend of Rs 3,000 for girls, Rs 2,500 for boys under Waseela Taleem program
After the fruitful results of other educational scholarship programs, the government of Punjab proclaimed to give a monthly stipend of Rs 3,000...
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1.3KBRT
Karachi Green Line BRT to be launched this month, Yellow Line in March
The long-promised Green Line Bus Rapid Transit (BRT) mission would be set for trial operations in Karachi within the next 10 days,...
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772Computers
Pakistan’s Mubashir Rehmani wins spot among top 1% computer scientists globally
Another achievement to Pakistan- Mubashir Husain Rehmani, a Pakistani scientist, has been selected among the top 1% of the most persuasive researchers...
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883ISPR
Nigar Johar becomes first female colonel commandant of Army Medical Corps
Lieutenant General Nigar Johar became the first-ever female general to be selected as the colonel commandant of Army Medical Corps (AMC), the...
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940China
How the China travel ban is crushing the future of 11 thousand Pakistani students
Around 28,000 Pakistani students are enrolled in Chinese educational institutions and about 11 thousands have been stuck in Pakistan since China suspended...
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1.0KAviation
Lahore Airport declared fit for heavy aircraft operations by CAA
Runway of Allama Iqbal International Airport, Lahore has been declared appropriate for heavy aircraft operations till 3rd November 2024. As per the...
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808Construction
Work on 69 new roads in KP in progress to give access to tourist sites
The Khyber Pakthunkhwa Government has decided to construct 69 new roads and combined tribal districts by the allocation of Rs 3,318.783 million...
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846cruise missile
Pakistan conducts successful flight test of Shaheen-1A ballistic missile
Pakistan has led an effective flight test of Shaheen-1A surface-to-surface ballistic missile, intended at re-validating many designs and technical considerations of the...
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1.0KBusiness
Data shows Pakistan economy entering ‘fast recovery’ period
A chain of statistics issued by authoritative international agencies and the government of Pakistan reveals that currently, Pakistan’s economy is arriving at...
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1.2KEducation
PMC approves registration of three medical colleges of Balochistan
Three new medical colleges of Balochistan have been approved by the Pakistan Medical Commission (PMC), were operational from 2018 without registration. Jhalawan...
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660Pakistan
Punjab registers record rice production of 5.766 million tonnes
According to the report of the Punjab Crop Reporting Service, there has been a 1.88 percent increase in the average rice production...
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821Education
HEC announces Hungarian scholarships for Bachelor’s, Master’s and PhD studies
Hungarian scholarships for Bachelor’s, One-Tier Master’s, Master’s, and Ph.D. studies have been announced by the Higher Education Commission (HEC). In line with...
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970China
Pakistan signs MoU with China for export of onion
A protocol has been signed in which Pakistan will export onion to China, making a way for more Pakistani agriculture products to...
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980Pakistan
Rs 25.5 billion project signed with Kuwaiti firm for 45-cusec water supply in Thar
Meezan Bank-led consortium and Kuwaiti state-owned company Enertech Water Private Limited have signed an agreements worth Rs 25.5 billion with the Sindh...
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1.8KCDWP
10th Avenue in Islamabad and other projects worth Rs 61.24 billion cleared by CDWP
The Central Development Working Party (CDWP) cleared a total of six development projects worth Rs 61.24 billion including the construction of 10th...
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1.3KFBR
FBR warns sugar traders of action for failing to comply with new track & trace system
Prime Minister Imran Khan initiated a track and trace system (TTS) of the Federal Board of Revenue (FBR) which will be helpful...
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877Digital Pakistan
Pakistan’s digital transformation can add $60 billion in annual economic value by 2030
Digital transformation can aid Pakistan to answer up to Rs 9.7 trillion ($59.7 billion) yearly financial value by 2030, equal to around 19...
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822Coal Power
300MW Gwadar coal power plant worth $542.32 million to create over 1000 jobs
The 300 MW coal fire-based power project at Gwadar would produce above 1000 employments for the native persons and decrease the electricity...
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852employment
Pakistani engineer kicked a luxurious job for passion of raising, selling parrots
A British-Pakistani aerospace engineer has left his engineering job to follow his desire to breed and sell different types of parrots from...
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903Business
Foreign direct investment falls 12% to $662 million during first four months
During the first four months of current fiscal year, foreign Direct Investment (FDI) decreased by 12 percent which stood at $662 million as...
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1.4KIslamabad police
Islamabad police to hire student interns to improve cooperation with public
The Islamabad police is going to hire student interns in a proposal to progress collaboration with the public and resolve their apprehensions...
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1.1KBusiness
State Bank warns banks against currency speculation
The State Bank showed severe concerns over speculation by banks in the currency business, stating they were indulged in the multibillion-rupee game. ...
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905debt servicing
Pakistan took $3.8 billion in new foreign loans during Jul-Oct, up by 18%
The government has taken $3.8 billion in new foreign loans during the first four months of the current fiscal, up by 18 percent, According to...
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801Economy
Pakistan-origin Dr Adnan Qadir appointed as chief economist of UK govt
Dr. Adnan Qadir Khan, a Pakistan-born economist, has been selected as Chief Economist for the Foreign Commonwealth and Development Office (FCDO) in...
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830chitral
Chitral has potential to generate 4,300 MW of cheap hydel electricity
The Chitral valley has the potential of making 4,300 megawatts of cheap hydel power, stated Special Assistant to Chief Minister on Energy...
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756Education
All exams under full syllabus this year: Shafqat Mehmood
The forthcoming examinations at all levels of educational institutions are to be conducted with a full syllabus and no more relaxation would...
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663Pakistan
Operation soon to retrieve state land worth Rs 5.6 trillion
Prime Minister Imran Khan has promised to initiate a process to recover occupied state land after the initial stage of digitalized cadastral...
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654indecent content
PTA claims 98% success rate in blocking immoral content from social media
The government has achieved a 98 percent success rate in averting the extent of obscene and immoral content on social media, Pakistan...
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1.8KInternational
Pakistan’s ‘brightest and best’ to benefit from new UK immigration system
The UK government has proclaimed a new immigration system to allow the “best and brightest” to visit the UK for the purpose...
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1.1Kinterest rate cut
Profit rate on savings accounts hiked by 1.5% to minimum of 7.25%
The profit rate on savings accounts is going to rise by 1.5 percent to a minimum of 7.25 percent by December 1, said the State Bank of...
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893Business
BOI starts E-Kachehry on regular basis for interacting with investors
The Board of Investment (BOI) has initiated to conduct e-kachehry programs regularly for a purpose to resolve investment associated subjects. The interaction program...
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638Pakistan
Govt raises Rs 56 billion against Rs 600 billion target through auction of T-bills
The government had overruled nearly all competitive proposals in the auction of treasury bills held on Wednesday however it approved only Rs...
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802Pakistan
Twenty-five leaders of transgender community join PPP
Almost 25 leaders of the transgender community proclaimed to join Pakistan Peoples Party (PPP), showing confidence in the leadership of the Bhutto...
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1.9KHousing Scheme
KP govt approves establishing New Peshawar City with over 90,000 houses
Khyber Pakhtunkhwa government is planning to construct over 90,000 housing units in what is named New Peshawar City spread over an area...
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827National Assembly
Parliament approves three amendment bills proposed by SECP
The parliament has accepted three bills of the Securities Exchange Commission of Pakistan (SECP), comprising the Companies (Amendment) Bill, 2021, which recommends...
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872Defence Deal
Pakistani firm secures mega Rs 6.84 billion defence agreement with UAE
The Defence Ministry of the United Arab Emirates has contracted massive agreement worth Dh143.98 million (around 39 million USD, Rs 6.84 billion) with Pakistan’s...
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839Coronavirus
Countries rush to buy Merck and Pfizer’s Covid-19 pills as Omicron variant emerges
Merck & Co Inc has signed deals to sell over 6 million courses of its experimental COVID-19 pill molnupiravir to governments around...
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954Construction
Construction material inflation pushed ongoing projects cost by Rs 200-400 billion
At present, the government needs 20 to 40 percent additional resources in order to complete the ongoing public sector projects, as the prices of construction materials are much higher. ...
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616Khyber Pakhtunkhwa
Experts suggest a biological Wolbachia method to control dengue in KP
A biological method through Wolbachia-infected mosquitoes has been proposed by the experts in Khyber Pakhtunkhwa to lessen the population of mosquitoes as...
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774Automotive
CNG price increased by as much as Rs 15 per kg
A hike in compressed natural gas (CNG) price has been notified by Rs 6.89 per litre in Punjab while Rs 10.30 per...
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594development projects
Govt to allocate Rs 1 trillion for economic development in next 4 years: Tarin
The government has allotted Rs 1.4 trillion for economic development and social sector development in the country during the next four years,...
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750China
China donates 30,000 food packages to Gilgit-Baltistan
At least 30,000 food packages have been donated by the Chinese government for distribution among the poor residents of Gilgit-Baltistan. According to the...
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741Pakistan
Australia to share agro-technology with Pakistan to revolutionize agriculture sector
To revolutionize the agriculture sector, upgraded technology, and human resources are the key factors, and Australia is intended to provide technical and...
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730Digital Pakistan
KP govt has trained 100,000 youth in the IT sector
Khyber Pakhtunkhwa government has trained 100,000 youth in the IT sector which would help to develop the IT industry in the country,...
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1.0KEducation
Rs 750 million Rehmatul Lil Alameen scholarships okayed for madaris students
Rehmatul Lil Alameen (PBUH) scholarships amounting to Rs 750 million for the students of religious seminaries (madaris) have been approved by the...
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837Electricity
ECC approves Rs 135 billion for second installment to IPPs
The government has approved six supplementary grants worth Rs 182 billion including Rs 135 billion to IPPs on the recommendations of ruling party parliamentarians....
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1.1KChina
Gwadar to become a major logistic hub in region within five years
Gwadar, a significant constituent of the China Pakistan Economic Corridor (CPEC) would be developed the logistics hub in the area in five...
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765Electricity
Govt eyes 70% electricity generation from renewable sources by 2030
The government aims to shift 70 percent of electricity generation from fossil fuels to hydel-based and renewable sources by 2030, Stated Federal Minister for...
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645Business
Trade deficit with nine regional countries widens to $3.18 billion in first quarter
Exports of Pakistan to nine neighbouring countries rose by 31.56%, however, the imports from these countries also went up by 42.6% in the first...
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836Business
Salary-advance startup Abhi raises funds at $40 million valuation
Abhi, a Karachi-based salary advance startup has outstretched capitals at a $40 million assessment only four months after introducing its business, reported Bloomberg. ...
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611Monetary Policy Committee
SBP raises cash reserve requirement limit for banks to contain monetary expansion
The State Bank of Pakistan (SBP) has increased the Cash Reserve Requirement (CRR) by one percentage point to 6 percent for scheduled banks to contain monetary...
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660Education
Students from 20 Punjab universities take part in 5km marathon
A large number of students from 20 universities from all over the country partook in the five-kilometer marathon on The Mall. In line with the report,...
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879Economy
Remittances rise 11.9% to $10.6 billion in four months
A decline of 7.4 percent has been recorded in the inflows for overseas Pakistanis in the month of October as compared to...
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840Pakistan
500 Global meets Chairman STZA and offers to invest in promising tech startups
Global venture capital firm, 500 Global, respected Pakistan’s government for the introduction of incentives in Special Technology Zones (STZs). According to the...
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939Business
Eight sectors record double-digit growth in exports
Almost eight sectors recorded double-digit growth during the first four months of the current fiscal as compared to these months of the last...
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971International
UK envoy meets COAS; pledge to play role in further improving cooperation with Pakistan
Chief of Army Staff General Qamar Javed Bajwa and UK High Commissioner to Pakistan Christian Turner had a meeting at the General Headquarters in Rawalpindi, stated Inter-Service Public...
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806Khyber Pakhtunkhwa
Rs 1.44 billion spent on newspaper ads in three years by KP govt
The government of Khyber Pakhtunkhwa has released more than Rs 1.44 billion on account for regional and national newspaper ads within the...
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1.5KConstruction
Rawalpindi Ring Road made PSDP project and its land acquisition process has started
The Rawalpindi Ring Road project is all set to be included in the public sector development programme (PSDP) as the government fails to find...
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609Pakistan
US dollar closed on high note at Rs 175.24 in open market
The US dollar touched an unsurpassed high against the rupee, rising to Rs 175.24 in the interbank market all through intraday trading. ...
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967Guinness World Records
Shehroze Kashif in Guinness Records for youngest to scale K2, Everest in same year
Pride of the country- Pakistani climber Shehroze Kashif made two new records in the same year with his two fruitful expeditions to the highest peaks of the...
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1.1KEducation
Poor mason’s son Parkash Kumar tops MDCAT across Sindh
Hard work is the key to success whether you have a rich background or a poor one. It is apparent from the...
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821Pakistan
EClear Services Limited is Pakistan’s first professional clearing member
Small traders will move their clearing, settlement, and custody functions to EClear Services Limited (ESL), the country’s first professional clearing member (PCM) entity has...
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767Construction
Prices of steel increased as international costs surge
The increased costs of steel products in domestic and international markets led the Federal Board of Revenue (FBR) on Monday to raise...
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1.1KLahore
Artificial rain planned to help curb smog in Lahore
Punjab University has decided to use artificial rain due to the increased intensity of smog in Lahore in the absence of natural rainfall. For...
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931Business
Pakistani mango exports to China increase tenfold to 37.4 tonnes in Jan-Sept
Pakistani mango exports to China saw an increase of more than 10 times as Pakistan sent 37.4 tonnes of fresh and dried mangoes...
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906Featured
Plan to provide gas to domestic consumers three times a day rolled back
Cabinet Committee on Energy (CCoE) on Thursday backed out of the plan to provide gas to domestic consumers three times a day....
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1.4KChina
Pakistan Navy receives most advanced warship PNS Tughril from China
Pakistan Navy gets the warship designed, manufactured by China State Shipbuilding Corporation Limited (CSSC), at a ceremony held in Shanghai. For survival and...
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919divorce
Rawalpindi family courts reports sharp rise in divorce, khula cases
A sharp increase in divorce and khula cases has been observed in the family courts of Rawalpindi, within the previous year. The statistics reveal that...
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591food inflation
Sugar fair price shops are being set up across KP and in Islamabad
The district administrations of Khyber Pakhtunkhwa Province and Islamabad Capital Territory (ICT) are establishing fair-price shops to tackle the excessive price and smooth...
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726LNG
105% high price paid for two RLNG cargoes for November
The average Regasified-Liquefied Natural Gas (RLNG) prices have been doubled as Pakistan LNG Limited (PLL) purchased two RLNG cargoes, 105 percent higher against the...
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632Dubai Expo
20 startups from Punjab to participate in Expo 2020 Dubai
Almost 20 startups have been nominated for Expo 2020 Dubai through the PITB developed Startup Punjab portal, Punjab Minister for Higher Education & IT Raja Yassir Humayun publicized. ...
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767development projects
ADB to give Pakistan $10 billion for development projects in five years
The Asian Development Bank (ADB) is scheduling to give nearby $10 billion in fresh assistance to Pakistan for the next five years to several...
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779Budget Deficit
Fiscal deficit drops to 0.8 percent of GDP in first quarter due to high tax collection
The overall fiscal deficit of Pakistan in the first quarter (July-September) of the current fiscal year has dropped to 0.8 percent of Gross Domestic Product (GDP) or...
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676non-textile export
New Strategic Trade Policy Framework for non-textile sector approved
After a postponement period of more than two years, the cabinet has accepted the Strategic Trade Policy Framework (STPF) 2020-25. The report reveals that...
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642Climate Change
Pakistan, UAE signs MoU for environment protection at COP26
Pakistan and the United Arab Emirates (UAE) penned down a memorandum of understanding (MoU) for the promotion of clean energy and nature-based solutions...
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639Coronavirus
Pakistan vaccinates half the population with at least one Covid dose
Another milestone has been accomplished by Pakistan, as half of its population suitable for Covid vaccine has got at least one dose. Besides this, the...
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665Climate Change
Pakistan among first countries to meet International Bonn Challenge
Pakistan has become one of the first countries to meet the international ‘Bonn Challenge’ through the refurbishment of about 600,000 hectares of land...
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934Business
Goods worth $3.76 billion sent to top export destinations US, China, UK in four months
The United States, China, and the United Kingdom (UK) continued to be the top three export destinations of Pakistani merchandise in the...
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732Coronavirus
Pakistan tops The Economist’s world normalcy index
Pakistan has gained the top ranking in The Economist’s world normalcy index owing to the endless efforts of Prime Minister Imran Khan and its application by...
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772GDP
Govt will raise tax-to-GDP ratio from the existing 9% to 20% in five years
The present tax-to-Gross Domestic Product (GDP) ratio in Pakistan was 9 percent which was very low and required to be doubled to...
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831Fintech
Pakistan-based fintech Savyour raises $3.3 million in seed round
Pakistan-based fintech Savyour, an innovator in emerging the country’s first cashback app and pay-per-sale associate marketing network, succeeded to raise $3.3 million in...
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495Electricity
Power consumed in September hiked Rs 2.52 per unit to generate extra Rs 40 billion in November
The National Electric Power Regulatory Authority (Nepra) issued a notification for an additional fuel cost charge of Rs 2.52 per unit for...
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1.7KEhsaas
Ehsaas Rashan to provide Rs 1000 a month discount on purchase of flour, pulses, cooking oil
Special Assistant to the Prime Minister (SAPM) on Poverty Alleviation and Social Protection Dr Sania Nishtar on Tuesday announced online portal of...
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1.1KBusiness
Daraz breaks 11.11 record, serving 14 million e-commerce shoppers
Daraz, the major e-commerce marketplace in South Asia, has revealed an 11.11 breaking record, having more than 14 million e-commerce consumers visiting...
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1.6KCDWP
Major 535 km Punjab Arterial Roads project worth Rs 130 billion approved
The Central Development Working Party (CDWP) on Monday cleared a total of five projects worth Rs 140 billion, including major Punjab Arterial...
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1.4KCoronavirus
Global Covid-19 cases surpass 250 million as Delta surge eases
The Covid-19 worldwide cases have passed 250 million as the Delta variant flow comforts, more normal trade and tourism continue, though some countries...
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963International
Pakistan, Iran set $5 billion bilateral trade target by 2023
Pakistan and Iran are going to take measures to expand the annual bilateral trade exchanges to $5 billion by the year 2023. “It has been...
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532Pakistan
Roshan Digital Account attracts $2.677 billion in 14 months
Inflows through Roshan Digital Account (RDA) has reached $2.677 billion in October 2021 since its launch in September 2020. According to the data, issued by the...
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704Business
Pakistani exports to China to be doubled in next 3-5 years
Pakistan’s exports to China will double over the next three to five years because of the growing attention of local traders and...
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1.5KForestation
Karachi municipality to grow 300 Miyawaki urban forests
300 Miyawaki forests would be set up in Karachi with the technical support of the NED University, said City Administrator Barrister Murtaza...
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862employment
100,000 youths provided jobs and Rs 35 billion distributed under Kamyab Jawan in two years
More than 100,000 youths have been provided jobs over the past two years, revealed a two-year progress report of the National Youth Development Program. Special...
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1.7KChilgoza
Chilgoza pine nut price crashes to Rs 3,000 per kg
The farmers of the tribal districts of North and South Waziristan have faced the loss of millions of rupees after a major...
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678Business
Export of services rises by 23% to $1.572 billion in Q1
Over 23 percent growth of Pakistan’s export of services has been recorded in the first quarter of the current financial year from...
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592Diabetes
75 percent people in country suffer from obesity, say experts
At least 75 percent of Pakistan’s population is suffering from obesity or are overweight due to sedentary lifestyle, says experts. On Thursday, Health officials...
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729Construction
Construction cost elevated by almost 40 percent to hit a new high
There has been an extraordinary upsurge in the cost of energy and petroleum products and high market demand, resulted in the increase in the...
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662Coronavirus
United Kingdom makes first move to approve Merck’s antiviral COVID-19 pill
United Kingdom turn out to be the first country to support an anti-Covid pill, as it allowed the use of Merck’s antiviral...
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472Aviation
Pakistan allows all inbound international flights to operate at full capacity
All inbound international flights have been allowed to operate at full capacity after Pakistan relaxed restrictions from November 10 amid a “downward trend”...
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760cotton
Cotton production surges by 81% to 6.257 million bales year-on-year
Cotton production in Pakistan increased to 6.257 million bales, showed the latest data released by the Pakistan Cotton Ginner’s Association (PCGA) on...
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609Debt to GDP ratio
Public debt-GDP ratio of Pakistan to ease in FY22, FY23, says World Bank
Pakistan’s debt-to-GDP ratio will ease to 90.6% in the current fiscal year and to 89.3% in the next fiscal year 2022-23, projected...
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593employment
Punjab announces 100,000 jobs with 33,000 vacant posts in education department
The Punjab government has taken a new initiative, approved the recruitment of 100,000 jobs in different departments all over the province. Chief Minister...
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613Cement
Cement sales declined by 9.07 percent in October
Despite the fact, the present government has given big incentives to the construction industry, cement sales came down by 6.68 percent during the first quarter of the current fiscal year as...
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515Featured
Pakistani education activist Malala gets married in England
The youngest Nobel Peace Prize winner and Pakistan’s women education advocate Malala Yousafzai has gotten married in an intimate nikkah ceremony in Birmingham....
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716Business
SMEs likely to get Rs 60 billion collateral-free lending from eight banks
State Bank of Pakistan has selected eight banks to get financing at 1 percent for onward lending to SMEs at a maximum end-user rate...
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797export
Pakistan expects $500 million meat export earnings next year
Meat and meat preparations worth $500 million are expected to be exported by Pakistan, at the end of the current fiscal year...
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431Pakistan
Saudi Vision 2030 provides opportunities to realise Naya Pakistan plan: PM Imran
Saudi Arabia’s Vision 2030 offers prospects to Pakistan to engross with the Gulf country in apprehending Naya Pakistan’s determined plan owing to...
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758International
Pakistan, US launch Single Window project to lower import, export costs
In order to boost trade by lowering costs, Pakistan and United States have launched the first phase of the Pakistan Single Window (PSW) project. ...
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680Food
New food security policy will help bolster agri yield of KP
The first-ever Food Security policy and plan have been approved by Khyber Pakhtunkhwa. It is among one of the flagship projects of...
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567export
Textile exports hit all-time high of $6.04 billion in four months
Pakistan’s textile exports surged to an all-time high of $6.04 billion in the first four months (July-October) of this fiscal year (2021-22). ...
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613cigarette
ASAP launches drive to convince 1 million Pakistanis to quit smoking
The Association for Smoking Alternatives Pakistan (ASAP) launched a campaign to convince one million Pakistanis to quit smoking. There are more than...
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756Pakistan
Outflow from equity, PIBs, T-bills remained three times higher than inflow during October
The foreign investment outflow in treasury bills, equity, and Pakistan Investment Bonds (PIBs) throughout October was nearly three times higher than the...
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561FBR
PM Imran Khan to launch single sales tax portal by end November
To smooth taxpayers and ensure affluence of doing business, Pakistan’s top tax machinery is set to launch the anticipated Single Sales Tax...
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801Economy
Inflation in October shoots to 9.2 percent
The Pakistan Bureau of Statistics (PBS) data exhibits the continuous rising change in customer prices in October as inflation rushed to 9.2...
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1.7KEducation
Three Pakistani universities among top 500 in QS Asia Rankings 2022
Three Pakistani universities managed to make their position in the top 500 in Asia in the recently published Quacquarelli Symonds (QS) Asia...
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875development projects
Germany commits €129 million for climate, energy and development projects in Pakistan
At least €129 million financial cooperation agreement has been signed between Germany and Pakistan for sponsoring development projects in the country. Reports...
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795Pakistan
Doctors blame water pollution for surge in eye diseases
The foremost grounds of increasing eye diseases in the country are unavailability of clean water, overpopulation, and poor services delivery, a specialist...
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669Business
Mounting imports push trade deficit up 103% in 4 months
The first four months of the current fiscal year (4MFY22) posted a rise of more than 103 percent in trade deficit all...
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808FM Portal
Govt launches FM Portal to resolve issues of overseas Pakistanis ‘promptly’
‘FM Portal’ for overseas Pakistanis living in 187 countries has been launched by Foreign Minister Shah Mahmood Qureshi as a podium providing them...
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815Cyberattack
NBP assure customers about financial data protection after cyberattack
National Bank of Pakistan (NBP) management on Wednesday assured their customers that all financial data was safe from cyberattack. The restoration process...
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573Featured
PM Imran announces Rs 120 billion welfare package to ward off economic woes
Prime Minister Imran Khan has announced the ‘biggest welfare package in Pakistan’s history’ worth Rs 120 billion for the masses. On Wednesday, Prime...
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820Faisalabad
Punjab’s agriculture university students gear up to help boost wheat production
The farming community will be given guidance by students of the University of Agriculture Faisalabad (UAF) about up-to-date developments and experts’ sanctions...
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2.6KClimate Change
Karachi could completely sink into the ocean by 2060, warn experts
The experts cautioned Karachi could be totally flooded by 2060 if the existing trajectory of rising sea levels continues, said the British High...
