Pakistan
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1.6KPakistani furniture to be displayed at China Eurasia expo at Urumqi
Pakistan Furniture Council (PFC), in collaboration with Chenone, will take part in the ‘China-Eurasia expo’ which is to be held in Urumqi...
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1.6K
Govt imposed Rs 36 billion new taxes on tobacco and cigarettes
According to Minister of Finance and Revenue Miftah Ismail, during a news conference, the Federal Government has imposed a new tax on...
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Government plans to launch Pakistan’s first-ever youth employment policy
The government would soon launch the first-ever national youth employment policy to overcome the biggest challenge of unemployment faced by the country,...
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1.9K
Govt starts preparing agriculture reform plan on emergency basis
Prime Minister Shehbaz Sharif on Thursday gave directives to launch a comprehensive plan to reform the agriculture sector on an emergency basis....
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1.7K
Orange Line Metro Train’s solar transition will help save Rs 1.9 billion annually
The government has decided to shift to solar power the first urban railway system Orange Line Metro Train (OLMT) in Lahore in...
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Revised plan of Rs 28.78 billion Peshawar northern bypass awaits ECNEC approval
The Executive Board of the National Highway Authority (NHA) proposed the third revised PC-I of Rs.28.779 billion for the Peshawar northern bypass...
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300 MW Balakot hydropower project faces delay due to land procurement issues
The Balakot Hydropower Project having a capacity of 300 megawatts (MW) has been facing delays because of the slow pace of land...
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1.6K
Gas reserves discovered in Tal block of Kohat
MOL Group in collaboration with Pakistan Oil Fields has made a gas/condensate discovery after its untiring exploratory efforts at the Tolanj West-02...
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1.5K
Pakistan’s GDP grew from $3 billion to $383 billion, per capita income from $86 to $1,798 in 75 years
Pakistan’s GDP grew from $3 billion to $383 billion, per capita income from $86 to $1,798 in 75 years, says a finance...
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1.6K
Older and disabled people will now travel free in Lahore’s Orange Line Metro train
The government of Punjab has announced concessionary fares for old citizens, people with disabilities, women, and students traveling on the Orange Line...
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Shehroze is now the youngest climber in world to summit 10 peaks over 8,000m
Pakistan’s young climber Shehroze Kashif has become the youngest mountaineer in the world to scale 10 peaks of over 8,000meter. 20-year-old Shehroze...
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1.5K
Weekly inflation decreases slightly to 37.69% amid reduction in food prices
Inflation showed a decrease of 0.08 percent during the week ended on August 11 as compared to the preceding week, amid a...
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1.4K
Pakistan plans to launch solar power projects of around 14,000 MW this year
The government is looking forward to launching solar power projects of about 14,000 megawatts this year, under an initiative, that encompasses reduced...
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1.5K
State Bank expects Pakistan’s economy to grow between 4% to 5% in FY23
A four to five percent increase is expected in Pakistan’s economy during FY23, showing a slower increase than the last year’s growth...
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1.9K
Rawal Chowk flyover for traffic from Chak Shehzad, Bhara Kahu, Faizabad inaugurated
Prime Minister Shehbaz Sharif on Sunday inaugurated the flyover at Rawal Dam Chowk and appreciated Chairman CDA Amir Ali Ahmed for the...
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1.6K
ECC approves Rs 5 billion supplementary grant for flood relief efforts
As the flash flood had adversely affected many parts of the country, the Economic Coordination Committee (ECC) of the federal cabinet approved...
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1.7K
Punjab CM directs to resume Rawalpindi Ring Road, Nullah Lai Expressway projects
Chief Minister Punjab Chaudhry Parvez Elahi issued directives to the concerned authorities to immediately start work on Rawalpindi Ring Road and Expressway...
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1.8K
Pakistan expects record-breaking over 9 million tonnes rice production in FY23
Pakistan’s record-breaking production of rice is expected to hit 9 million tonnes of the target against all odds in the present fiscal...
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1.6K
Pakistan’s trade deficit with nine regional countries widens in FY22
Exports from Pakistan to nine regional countries have shown an increase of 16.97 percent while imports rose approximately 28.84 percent in FY22...
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1.6K
BRT Peshawar fleet jumps to 220 after addition of 62 more buses
62 new buses will be added soon to the Bus Rapid Transit (BRT) service in Peshawar, according to a TransPeshawar spokeswoman. While...
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1.7K
German investors express keen interest in Pakistan’s tourism sector
A German investors held a high-level meeting with the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and health officials in...
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1.5K
Rs 1500 subsidy on flour, pulses and ghee to be given under Ehsaas Ration program
Punjab Chief Minister Chaudhry Pervaiz Illahi has given a go-ahead for establishing the ‘Ehsaas ration subsidy program intended to provide a grant...
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1.5K
Pakistan’s trade with ASEAN touched $11 billion during FY22
Chairman of ASEAN Committee Islamabad (ACI) Ambassador Nguyen Tien Phong stated that according to Pakistan’s statistics, Pakistan’s trade with ASEAN had touched almost...
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2.3K
Khyber Pakhtunkhwa to have solar-powered electric public transport system
Khyber Pakhtunkhwa government is looking forward to introducing solar-powered electric transport system in the province to decrease dependency on petrol and diesel...
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4.5K
Export of services grew 17.2% to $6.97 billion during fiscal year 2021-22
Pakistan recorded an upsurge of 17.20 percent in export of services in the financial year 2021-22 as compared to the last financial...
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2.9K
Khyber Pakhtunkhwa govt releases Rs 80 billion for development projects
Under the Annual Development Program (ADP) 2022-23, the Khyber Pakhtunkhwa finance department has released more than Rs 80.54 billion for development projects...
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2.8K
China will be requested to add 13-km Babusar Tunnel to CPEC projects
The Pakistan government will formally request China for the inclusion of Babusar Top Tunnel in the China-Pakistan Economic Corridor (CPEC) umbrella projects...
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4.1K
Rs 78 billion subsidy on power given to export-oriented industries
The federal government allocated Rs 77.957 billion on Monday as a supplementary grant in FY2022-23 for the delivery of a concessional electricity...
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2.2K
CDA approves new bus service project that would run across entire Islamabad
The Capital Development Authority (CDA) has approved a new bus service project that would run across the entire city of Islamabad. The...
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2.1K
China to purchase 40,000 tons of Pakistani coal every month for Hub power plant
China Power Hub Generation Co. (CPHGC) has shown interest in purchasing 40,000 tonnes of local coal on a monthly basis at a...
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2.0K
Here’s list of Pakistan’s top ten companies with highest export value in FY22
Style Textile Ltd., a textile and attire manufacturer has beaten all the other brands and became the top exporter of Pakistan in...
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1.9K
Two seawater desalination plants to be established on Karachi coast
Chief Minister Sindh Syed Murad Ali Shah, considering the water requirement of the metropolis, has announced the installation of two new seawater...
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1.5K
Govt bans setting up new fuel-based power plants to pave way for green electricity
Secretary, Power Division, on Wednesday stated that no new power generation plants would be established that generate electricity using fuel. He announced...
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1.5K
Pakistan’s exports to China increased by 26% to $3 billion in FY22
Pakistan’s exports to China surged by 26% during the fiscal year 2021-22 against the exports of FY 2020-21, cited by Annual Trade...
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1.5K
Government to construct Rs 42 billion breakwater structure at Gwadar Port
The government has announced to initiate of a project worth Rs 42.19 billion to construct a breakwater at Jebel-e-Nuh for the expansion...
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1.6K
Contract award process for dualization of Kuchlak-Zhob Section of N-50 accelerated
The National Highway Authority (NHA), Ministry of Communication, on Tuesday issued a prequalification notification for “Dualization of Kuchlak-Zhob Section of N-50, Package-III”,...
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1.5K
After V-shaped recovery from Covid under Imran’s watch, exports tumble 24% in July
Pakistan’s exports of merchandise showed negative growth in July after 22 months after the economy recovered from the effect of Covid-19. The...
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1.6K
40.8 MW Koto hydro project in Lower Dir to start power supply by year-end
As Pakistan is in desperate need of power, the 40.8-megawatt Koto Hydropower project in Timergara, Lower Dir will be operational, adding the...
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1.4K
US, China, UK remain top destinations for Pakistani exports in FY22
United States (US) preserved its top export destination for Pakistani products during the twelve months of the financial year (2021-22), followed by...
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1.6K
Construction of two high-rise buildings on Peshawar’s Warsak Road begins
Chief Minister of Khyber Pakhtunkhwa Mahmood Khan performed the groundbreaking of two high-rise residential and commercial buildings on Warsak Road. These multi-story...
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1.5K
Islamabad now has 103 filtration plants after installation of another 18 plants
The Capital Development Authority (CDA) is taking constructive steps for the provision of clean drinking water in the federal capital. In this regard,...
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1.8K
NHA begins construction of 69 km long Kharian-Sambrial motorway
The National Highway Authority (NHA) has started the construction work of the 69-kilometre-long Kharian-Sambrial motorway, an extension of the Lahore-Sialkot motorway (M-11). ...
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1.8K
434 attacks on security forces carried out by terrorists during six months of 2022
According to a report given to the upper house of parliament, the country saw 434 terrorist attacks on security forces during the...
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1.8K
FBR surpasses tax collection target of Rs 443 billion by Rs 15 billion for July
The Federal Board of Revenue (FBR) has announced the provisional revenue collection figures of Rs 458 billion for July 2022, media reported. ...
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1.6K
Rawal Dam flyover to open for traffic in a week and underpass will finish in a month
The Rawal Dam Interchange project has come to the final stages and the Capital Development Authority (CDA) is fully prepared to meet...
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1.7K
Six Pakistan Army officials embraced martyrdom in Balochistan helicopter crash
A senior police officer confirmed today that the wreckage of a missing Pakistan Army Aviation helicopter, which was engaged in a flood relief...
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1.5K
Pakistan fulfills all IMF demands for release of $1.2 billion loan tranche
The Finance Ministry along with the State Bank of Pakistan (SBP) has released a joint statement declaring that all previous IMF demands...
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1.7K
Satellite monitoring of 6500 buses done by Motorway police to control overspeeding
The Motorway police have started satellite monitoring of passenger buses across the country to control speeding, media reported on Monday. In a...
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2.7K
Election Commission rules Imran Khan’s party received illegal funds
In a unanimous decision on Tuesday, the Pakistani Election Commission (ECP) declared that it had discovered that the PTI had received illegal...
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1.5K
Pakistan’s exports to seven regional countries rose to $4.6 billion during FY22
Pakistan’s exports to the seven regional countries showed an increase of 16.97 percent during the twelve months of the financial year (2021-22),...
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1.4K
Pakistan’s milk powder, whey, cheese and butter are in high demand in China
Pakistan’s dairy products like milk powder, liquid milk, high value-added dairy products such as whey, cheese, butter and cream are in high...
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1.4K
Pakistan produced 58,880 farm tractors during twelve months of FY22
The manufacturing of farm tractors in the country showed a growth of 16.01 percent to 58,880 units in the twelve months of...
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1.3K
Govt plans wind and solar power projects to produce 7,000 MW of electricity
The government is looking forward to initiating wind and solar power projects in a bid to produce six to seven thousand megawatts...
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Construction at KP’s tourist spots banned until master plan for the areas is finalised
Chief Minister of Khyber Pakhtunkhwa Mahmood Khan has issued orders to the concerned authorities to immediately ban construction activities in tourist spots...
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1.3K
412,451 Pakistani migrant workers went to different countries in 6 months of 2022
Pakistan’s professionals and migrant workers received positive feedback in the international job market as the country’s export of manpower to various countries...
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E-custom clearance installed in Gwadar Free Zone as exports set to begin soon
The exports have been set in motion for the first time in the Gwadar Free Zone in the framework of exclusion from...
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1.3K
Govt lifts ban on import of luxury, non-essential items after two months
The coalition government relaxed the import limits on non-essential and luxury goods, but the prohibitions on the import of completely built-up cars, cell...
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1.3K
30,245 tourists visited different scenic spots of Khyber Pakhtunkhwa in single day
At least 30,245 tourists visited several scenic spots in Khyber Pakhtunkhwa (KP) in just a single day to enjoy the pleasant weather. ...
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1.2K
Plastic export increased by 32.8% to $428.424 million in FY22
The country’s plastic material export reported an increase of 32.76 percent during the twelve months of the financial year 2021-22 when compared...
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1.2K
Pakistan among countries hit by world’s worst heatwave
The prevailing brutal heatwave is baking countries all over the globe and in Pakistan the temperatures have increased several degrees over the...
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1.2K
NHA to raise funds through shariah-compliant Wakala using motorway land
The Executive Board of the National Highway Authority (NHA) agreed to the issuance of a No Objection Certificate (NOC) to the Finance...
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1.4K
People’s Bus Service begins operation on new 38 km route in North Nazimabad
The Peoples Bus Service, popularly recognized as the red bus, has started its operation on another new route in Karachi city from...
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Nadra begins pilot test of system that will conduct Pakistan’s first-ever digital census
In the pilot phase of the nation’s first digital census, which is expected to finish house listings and enumeration by August 3,...
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1.4K
Pakistan looks to solar to replace abandoned 300MW coal project at Gwadar
The Power Division is looking forward to abandoning the 300MW imported coal-based power plant at Gwadar and replacing it with a solar...
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1.4K
Ski resorts and hill stations to be established in Kaghan, Swat and Chitral
Khyber Pakhtunkhwa government has decided to establish ski resorts and hill stations in Kaghan, Swat, Abbottabad and Chitral. In a bid to...
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1.2K
Govt increases basic electricity tariff by Rs 3.50 per unit to Rs 20.41
The basic electricity tariff will now cost Rs 20.41 a unit, which say an increase of Rs 3.50, according to a federal...
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1.3K
Pakistan’s first Nishan-e-Haider recipient Captain Sarwar remembered
Nishan-e-Haider, the highest military honour, was awarded to Captain Raja Muhammad Sarwar, who is the country’s first recipient. Today (Wednesday), the Pakistan will...
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1.2K
ECC increases RLNG rate to $9 per MMBTU for five export-oriented sectors
The Economic Coordination Committee (ECC) of the cabinet gave a go-ahead regionally competitive energy rates for five export-oriented sectors during the financial...
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1.2K
Pakistan’s non-textile exports grew 25.85% to $12.46 billion during FY22
Pakistan’s non-textile exports showed a growth of 25.85 percent year-on-year to $12.46 billion in the fiscal year 2021-22 because of a partial...
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1.2K
CM Punjab Pervaiz Elahi to restore PTI’s health card, Panahgah and Langar Khana programs
Chaudhry Pervaiz Elahi led Punjab government on Wednesday and decided to restore the health card, Panahgah, and Langar Khana programs, following the return...
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1.1K
Pakistan exported 4.87 million tonnes of rice and fetched $2.5 billion during FY22
Rice exports crossed the target of $2.5 billion during the 2021-22 fiscal year for the very first time in the country’s history,...
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1.3K
5.8 million travelled through 80 buses of Karachi’s Green Line service in 6 months
The Karachi citizens, who desperately needed a better transport service for nearly three decades, showed a ‘positive’ response to the Green Line...
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1.1K
Pakistan exported highest ever $19.35 billion worth of textile products in FY22
The export of Pakistani textile commodities showed an increase of 25.5 percent in the fiscal year 2021-22 (FY22) against the preceding fiscal...
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1.2K
Superwomen Samina Baig and Naila Kiani became first Pakistani women to climb K2
Well-known Pakistani climber Samina Baig, the first Pakistani female to have scaled Mount Everest, successfully, now summited K2 on Friday morning. She was followed...
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1.1K
Pakistan’s $33.5 billion external financing needs for FY23 fully met
Dr. Murtaza Syed, the acting governor of the State Bank of Pakistan (SBP), stated that Pakistan’s $33.5 billion external financing needs for...
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1.1K
Foreign Direct Investment increases 2.6% to reach $1.87 billion in FY22
Pakistan observed a rise of 2.6 percent in Foreign Direct Investment (FDI) to reach $1.87 billion in the financial year 2021-22. The...
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1.2K
Government to spend Rs 100 million to find minerals in Balochistan
The government will spend funds costing Rs 100 million during the present fiscal year to advance the current project of the Petroleum...
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1.1K
Exports of leather products increased 10.4% to $621,081 in FY22
The exports of manufactured leather goods witnessed an increase of 10.43 percent in the previous fiscal year of 2021-22 (FY22) when compared...
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1.3K
NHA to dualise Zhob Road from Yarik to Sagu Highway
National Highway Authority (NHA), Federal Minister for Communications Asad Mahmood, released a prequalification notification for ‘Dualization and improvement of Existing N-50 from...
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1.4K
Peshawar BRT wins Best Smart Ticketing award at Transport Ticketing Global
BRT Peshawar’s operator, TransPeshawar, succeeded to grab the Award for “Best Smart Ticketing Program” for 2022 at Transport Ticketing Global. The award...
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1.1K
Pakistan received record remittances of over $31 billion in FY22
Pakistan received record remittances of more than $31 billion during the fiscal year 2021-22 (FY22), a growth of 6.1 percent over FY21,...
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1.3K
FWO gets Rs 11 billion expansion contract for Islamabad Expressway and Soan Bridge
The Capital Development Authority (CDA) approved the bid of Frontier Works Organisation (FWO) for the extension of the Islamabad Expressway from PWD...
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1.6K
Government to construct Chamber of Commerce building at Gwadar
The Federal government has announced to set up the Chamber of Commerce building at Gwadar intending to boost business trade, commerce, and...
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1.4K
International paragliders reach K2 with goal to fly above the summit
International paragliders, Tom de Dorlodot, Horacio Llorens and Ramón Morillas, have reached K2 but still waiting for perfect weather conditions to soar...
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1.2K
Current govt highlights plan to boost economy and revive ties with the US
Federal Minister for Planning and Development Ahsan Iqbal revealed the government’s plan for strengthening the national economy and reshaping the relationship with...
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1.1K
Pakistan plans to increase local energy generation to 90% by 2030
Pakistan’s energy generation mix is 40 percent based on indigenous resources while 60 percent comprises imported oil fuel and the government has...
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1.2K
Gold and copper extraction from ‘world-class’ Reko Diq mine to start by 2027
The first batch of copper and gold production from the Reko Diq mine is likely to commence in 2027-28 for which final...
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1.1K
Chitral emerges as the most popular destination for foreign tourists
Khyber-Pakhtunkhwa (K-P) has become the top most attractive destination point for five million domestic and foreign tourists during 11 months, with Lower...
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1.1K
World Bank to provide $200 million to transform Punjab’s agriculture sector
The World Bank (WB) approved $200 million to support Pakistan aiming to transform its agriculture sector by implementing climate-smart technologies to increase water-use...
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719
With 40,000 MW solar, wind power potential, Pakistan aims for 60% clean energy by 2030
Ahsan Iqbal, the federal minister for planning and development, emphasized the importance of keeping the promises and commitments made to invest $600...
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755
115,000 unverified employees of Pakistan Railways getting Rs 35 billion in pension
The Pakistan Institute of Development Economics (PIDE) has revealed that 115,000 unverified retired employees of Pakistan Railways are being paid Rs 35...
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781
China’s Yutong Bus to set up public transport plant in Sindh
Chinese company Yutong Bus agreed to the offer to establish a public transport plant in Sindh after an extensive meeting held between Sindh minister...
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690
Deposits held by banks surge by 15% to around Rs 22.8 trillion in June
The overall deposits held by scheduled banks have depicted an increase of about 15% YoY to around Rs 22.8 trillion in June...
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689
Authorities across country brace for another spell of torrential rains
Disaster management authorities are bracing for another spell of torrential rains, mainly in Sindh and Balochistan, in the prediction of a “vigorous...
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719
PTI secures landslide victory in Punjab by-elections, PML-N accepts defeat
The PTI side was in complete control on Sunday as unofficial results from the Punjab by-elections in 20 constituencies revealed that the PTI...
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811
Formal launch of Orange Line Metro to Islamabad Airport faces further delay
The official launch of the Orange Line Metro to Islamabad Airport is facing an additional delay because of political interference and pressures...
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1.1K
Pakistan to receive three more cargoes of imported wheat this month
Pakistan placed an order for four cargoes for July and out which the first cargo of imported wheat reached Pakistan on July 5...
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862
Pakistan’s exports to seven regional countries crossed $4 billion in 11MFY22
Pakistan’s exports to regional countries showed an upsurge of 18.26 percent during the first eleven months of the fiscal year (2021-22), against...
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699
CDA and Army’s engineering branch to conduct hydrological survey of Islamabad
As a large number of areas of the federal capital have been severely hit by floods during monsoon rain, the Capital Development...
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617
Govt allocates Rs 700 billion for subsidies to provide relief to common man
The Finance Ministry has announced to release subsidies earmarked in the budget on a case-to-case basis during the ongoing fiscal year. As...
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605
IHC declares construction of navy golf course in Islamabad illegal
The Islamabad High Court (IHC) has declared the construction of the Navy Golf Course in the Margalla Hills National Park illegal and...
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1.1K
Lahore’s newly-built mega Shahkam Chowk flyover opened to traffic
The newly-built Shahkam Chowk flyover has been started for traffic, facilitating the mobility of the public at Link Canal Road, Shahkam intersection,...
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Pakistan ranked second worst on gender inequality by World Economic Forum
Pakistan has been placed as the second-worst country with regard to gender inequality, ranked 145 out of 146 states, according to the...
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892
IMF agrees on releasing $1.17 billion to Pakistan amid high inflation and instability
The International Monetary Fund (IMF) has confirmed that it had agreed to a staff-level agreement with Pakistan on the mutual seventh and...
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736
Pakistan seeks to increase IT exports to $15 billion in next three years
Pakistan is working ambitiously to attain $15 billion in IT exports within three years, Federal Minister for Information Technology, Syed Amin-ul-Haq said. ...
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669
Islamabad police registered over 800 street crime cases in June
The Islamabad police registered more than 800 street crime cases of snatching, robberies, burglaries, and auto thefts last month. According to police...
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740
Pakistan’s job market has started to shrink amid economic slowdown
Pakistan’s job market has started to shrink on the account of economic slowdown, as various sectors have reported layoffs whereas for fresh...
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744
Home to world’s 7,000 glaciers, Pakistan is facing growing threat of glacial melting
Pakistan is home to over 7,000 glaciers, more than anywhere else on Earth outside the poles and the increasing worldwide temperatures along...
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848
Twin cities get 4-line interconnected metro bus service with new Green, Blue services
Prime Minister Pakistan Shehbaz Sharif inaugurated the Green and Blue lines of the mass transit metro bus service on Thursday. It is...
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2.0K
Textile sector loses $1 billion export orders after 300 mills closed due to energy crisis
More than 300 textile mills have been closed because of a cut in gas supply, All Pakistan Textile Mills Association (Aptma) Chairman...
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840
Islamabad Police launches WhatsApp service to lodge FIRs of missing items
The Islamabad Police has launched a new WhatsApp number so people can report lost and found items to accelerate the recovery process....
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655
Private sector borrowing from banks jumped by 142% during FY22
The federal government’s budgetary borrowing for the financial year 2021-22 was 85 percent more than the last year, while the private sector...
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821
Pakistan’s rice export to China hits $277.56 million in five months
Pakistan’s rice export to China crossed $277.56 million during the first five months of Financial Year 2021-2022, up 9.73% year on year....
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785
Pakistan’s first 500 MW floating solar power plant to be built on Keenjhar lake
Pakistan’s first floating solar power project, which will generate 500 megawatts of energy, is all set to be launched soon on Keenjhar...
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723
Govt trims armed forces development budget by Rs 72 billion on IMF’s demand
In order to satisfy a key requirement of the International Monetary Fund (IMF) about establishing primary budget surplus in the next fiscal...
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2.4K
Pakistan is set to welcome record 1,400 foreign mountaineers this summer season
The popularity of Pakistan’s captivating mountains is at its all-time peak as for the first time in recent history over 1,400 foreign...
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1.3K
Export of services grew 17.71% to $6.3 billion in 11 months
Export of services reported an increase of 17.71 percent during the first 11 months of 2021-22, as per the data released by...
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1.1K
People’s Bus Service to expand services to Clifton, DHA and Gulshan-e-Hadeed routes
In order to fulfill the demand of residents and the growing popularity of the Sindh People’s Intra-District Bus Service, the transport sector...
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992
Work on Bhara Kahu bypass to start after FWO shares its draft PC-1 with CDA
The Capital Development Authority (CDA) has asked the Frontier Work Organisation (FWO) to present the draft PC-I of the Bhara Kahu bypass...
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2.2K
Government will soon introduce Pakistan’s first comprehensive solar policy
The government has started working on a comprehensive solar energy policy including tax waivers and concessionary loans for users in order to...
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1.3K
State Bank sets interest rate at 15% to tame 13-year high inflation
The State Bank of Pakistan (SBP) has increased its key policy rate by 125 basis point to 15 percent during its review...
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852
Heavy monsoon rainfall expected across Pakistan on Eidul Azha
Another spell of monsoon rainfall is expected across the country on the occasion of Eidul Azha, the Pakistan Meteorological Department (PMD) has...
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869
Pakistan’s trade deficit increased to an all-time high of $48 billion in FY22
In the fiscal year that concluded on June 30, 2022, Pakistan’s trade deficit expanded by 55.29 percent as a result of higher...
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711
Local cement sales fall 1% to 47.63 million tonnes in 2021-22 fiscal year
Regardless of persistent price hikes and a stoppage in construction activities during the past few months, national cement sales in FY22 depicted...
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703
Around 2,500 MW to be added to national grid through net metering & solar projects
Minister for Power Engineer Khurram Dastgir announced nearly 7,000 MW of electricity would be added to the national grid before the arrival...
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672
Shehroze Kashif is now youngest climber in the world to summit Nanga Parbat
The youngest member of Pakistan’s climbing community, Shehroze Kashif broke another record by becoming the youngest mountaineer to summit Nanga Parbat. Kashif...
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990
Khyber Pakhtunkhwa spending Rs 13 billion on access roads to tourist spots
The Khyber Pakhtunkhwa government is making different advanced roads to make sure easy access to the tourist spots at an estimated cost...
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1.4K
Pakistan accelerates efforts to secure extension in GSP plus status
The government has expedited its efforts to fulfill the strict conditions of the European Union (EU) to ensure a ten years extension...
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949
More cameras to expand coverage of Islamabad’s Safe City Project to 100%
To make Islamabad “one of the safest cities” in Pakistan, the federal government is looking forward to installing additional cameras in the...
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829
Pakistan’s exports to United States increase by 23% to $6.16 billion
Pakistan’s Ambassador to the United States Masood Khan unveiled that Pakistan’s exports to the US showed an upward hill during former Prime...
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763
Prices of vegetables have spiked high ahead of Eidul Azha
With the arrival of Eidul Azha, prices of vegetables have almost doubled across the country as storekeepers are selling items at their...
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900
Nepra allows Rs 9.66 per unit hike in K-Electric’s tariff
The federal power regulator Nepra authorized a significant rise in electricity tariff for K-Electric’s consumers on Monday, which is yet another bad news for...
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756
Tourist influx on rise at scenic spots of Khyber Pakthunkhwa’s northern areas
Khyber Pakthunkhwa’s northern areas including Nathia Gali have attracted around 37,452 backpackers and adventure sports enthusiasts because of its pleasant weather following...
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719
Rs 46.868 billion released for Power Division projects
The government has released an amount of Rs 46,868.33 million against the allocation of Rs 69,485.05 million for different power division schemes...
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1.4K
Each household in Punjab to get 100 units of free electricity
On Monday, chief minister of Punjab, Hamza Shehbaz Sharif, declared that the province will give free electricity to household consumers who used...
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856
World Bank warns Pakistan of macroeconomic instability
World Bank has warned Pakistan of macroeconomic instability, and the balance of payment crisis considering the widening existing account deficit and other...
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716
PM Shehbaz inaugurates ‘Innovation Hub’ in Islamabad to empower youth
Prime Minister Shehbaz Sharif has inaugurated the Innovation Hub Program (IHP) in Islamabad, a platform to facilitate exchange of ideas between the...
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754
Inflation in Pakistan accelerates to 21.32% in June amid higher food and fuel costs
Consumer price index (CPI) of Pakistan rose 21.3% in June from a year earlier, the statistics bureau said on Friday, for the...
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1.7K
ZU Peshawar BRT finalist for $250,000 prize by World Resources Institute
The ZU Peshawar or TransPeshawar Bus Rapid Transit (BRT) has been selected for the Prize for Cities Award 2022 under World Resources...
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5.4K
Pakistan received fresh external loans of $13.54 billion in 11 months
Pakistan has borrowed $13.539 billion in fresh external loans as well as grants during the first eleven months of the current financial...
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1.9K
US blacklists Pakistani companies for supporting Russia in Ukraine conflict
United States has blacklisted 36 companies, including those from China and Pakistan, for supporting Russia in the Ukraine conflict. On Tuesday, US...
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1.1K
Shaniera Akram says Karachi is no 1 in philanthropy, charity and good will
The city of lights, Karachi comes on top in philanthropy, people in Karachi have big hearts which is the reason city has...
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770
Current account deficit exceeds $15 billion mark in 11 months
The current account deficit (CAD) abruptly widened to $15.2 billion during the first 11 months of the outgoing financial year as compared...
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905
Naila Kiani and Samina Baig set to become first Pakistani women to summit K2
Two female Pakistani mountaineers Samina Baig and Naila Kiani have set their eyes on doing something which no other Pakistani woman has...
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756
New local govt bill approved by Punjab to empower youth at grassroot level
The Punjab Cabinet has approved the Punjab Local Government Bill (PLGA) 2022 with an increased quota of reserved seats for the youth...
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651
FBR creates history by exceeding revised revenue target of Rs 6.1 trillion
The Federal Board of Revenue (FBR) gathered Rs 6.125 trillion against the upward revised target of Rs 6.100 trillion, an increase of...
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623
Global food crisis sparked by Ukraine war will kill millions by disease
The war in Ukraine has sparked a global food crisis which is predicted to kill millions due to hunger and contagious diseases,...
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656
Profits on foreign investment increased to $1.6 billion in 11 months
The total profits and dividend outflows raised $1.6 billion during the 11 months of the present financial year (11MFY22), showing that foreign...
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706
Pakistan wants to import more coal from Afghanistan to curb energy crisis
Prime Minister Pakistan Shehbaz Sharif has approved the import of super-critical quality coal from Afghanistan in rupees rather than in dollars, saying...
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1.0K
50 km mountainous road project to link KP and Azad Kashmir cleared by CDWP
The Central Development Working Party (CDWP) has cleared 19 mega development project having an estimated cost of Rs 142.3 billion. The meeting...
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778
ECC approved Rs 37 billion for K-Electric and Rs 96 billion for 11 IPPs
According to the sources, the Economic Coordination Committee (ECC) meeting was presided over by Finance Minister Miftah Ismail who approved a total...
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661
Pakistan ranks 29th among the countries holding natural gas reserves
Pakistan has been ranked 29th among the countries having natural gas reserves, publicized in the findings of a gas monitor report presented...
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729
Zilhaj moon not sighted, Eidul Azha to be celebrated on July 10
The Zilhaj moon has not been sighted anywhere in the country as no testimony was received and Eidul Azha will fall on...
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635
Pakistan signs pact with France for $107 million debt suspension
The Economic Affairs Division announced on Monday that Pakistan and France had signed a contract for the suspension of loans totaling $107...
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873
People’s Bus Service fleet reaches 240 after arrival of 100 more buses at Karachi port
Good news for Karachites as 100 more buses for People’s Intra-District Bus Service arrived at Karachi Port from China on Tuesday. PPP...
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1.0K
Pakistan can generate $8 billion in four years from marijuana
The Secretary of the Ministry of Science and Technology (MoST) revealed that Pakistan has the potential to generate $8 billion in revenue...
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760
Loadshedding to increase in July as Pakistan fails to obtain LNG amid war
Pakistan is facing a hike in power crisis as it failed to agree on an agreement for LNG supply next month. LNG...
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663
Pakistan’s exports to China crossed $1.605 billion in five months of 2022
Pakistan’s exports to China have surpassed $1.605 billion during the first five months of 2022, rising by 5.42% year on year, according...
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710
Air pollution cuts South Asia life expectancy by five years
Burning fossil fuels are the major source of microscopic air pollution which has shortened lives worldwide by more than two years, researchers...
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749
8 foreign tourists travel from Islamabad to Khunjerab Pass on rickshaws
A group of 8 foreign tourists are on the way to Khunjerab Pass from Islamabad through rickshaw, they will cover around 745...
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1.1K
Karachi ranked among world’s ten least liveable cities
‘Karachi’- The economical hub of Pakistan, also known as the ‘City of Lights’, has been ranked among the world’s worst cities to...
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2.6K
Govt to collect Rs 80 billion from super tax and Rs 120 billion from poverty alleviation tax
Prime Minister Shehbaz Sharif has announced that the coalition government looks forward to imposing a 10% super tax on large-scale industries, and...
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1.5K
Punjab PDWP approved six development schemes at a cost of Rs 21.8 billion
The Punjab Provincial Development Working Party (PDWP) gave nod to six development schemes of different sectors having an estimated cost of Rs...
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916
Pakistan received $1.6 billion in foreign investment during July-May FY22
The current financial year is going to end this month but the Foreign Direct Investment (FDI) is still behind the previous year’s...
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923
10,000 new CCTV cameras installed in Karachi under Safe City Project
According to a DG Sindh Safe Cities Authority official, the Karachi Safe City Project will gradually install up to 10,000 closed-circuit television...
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764
State Bank receives $2.3 billion loan from China
A Chinese consortium loan of RMB 15 billion, or around $2.3 billion, has been credited to the State Bank of Pakistan’s (SBP)...
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736
Banking sector expanded 19.6% during calendar year 2021
The banking sector has recorded an increase of 19.6 percent mainly because of much higher private sector participation in the economic growth...
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807
15 tubewells to be installed on Islamabad Expressway to pump water towards Rawalpindi
The Capital Development Authority (CDA) has given a no-objection certificate (NOC) to the Water and Sanitation Agency (WASA) Rawalpindi to install 15...
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767
450 Sikh pilgrims arrive in Pakistan for Ranjit Singh anniversary
Around 450 Sikh pilgrims arrived here on Tuesday through Wagah border to observe the 183rd death anniversary of Maharaja Ranjit Singh. They...
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1.0K
Pakistan’s non-textile exports grew 27.40% to $11.25 billion in 11 months
Pakistan’s non-textile exports rose 27.40 percent year-on-year to $11.25 billion during the first 11 months of the outgoing fiscal year on account...
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845
Govt to generate 5,000 MW solar energy to scale down power tariff by 20%
In a bid to produce cheaper electricity up to 5,000 megawatts (MW) via solar plants, the government has initiated the spadework and...
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784
Italy is now Pakistan’s 2nd largest export destination in Europe with over $1 billion exports
Pakistan’s exports to Italy observed an increase of 46 percent to $1.002 billion during 11 months on a year-on-year basis, thus making...
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750
Balochistan unveils Rs 613 billion budget with Rs265 billion for development
After a long delay, Finance Minister of Balochistan Sardar Abdul Rehman Khetran revealed the province’s budget for the fiscal year 2022-23, having...
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691
Norwegian climber to attempt Pakistan’s 8000m peaks to beat world record
Kristin Harila, a Norwegian female climber, is ready to summit K2 and Nanga Parbat, in her attempt to climb five 8,000-metre peaks...
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735
PM Shehbaz invites Chinese firms to invest in Pakistan
Chinese firms have been invited to invest in Pakistan as Chinese expertise in technology and the cheap Pakistani labour could act in...
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694
3,960 MW Port Qasim, China Hub, Sahiwal power plants to be converted to Thar coal
The government has decided to convert 3,960 MW of electricity produced from imported coal onto local coal of Thar to stop using...
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1.0K
Rehabilitation of 6 km part of Gujrat-Jalalpur Jattan Road to cost Rs 312 million
A 6-kilometre long part of Gujrat-Jalalpur Jattan Road till the University of Gujrat’s Hafiz Hayat campus Road will be re-established at a...
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1.4K
Khyber Pakhtunkhwa launches special tourism police to facilitate tourists
The government of Khyber Pakhtunkhwa has initiated a tourism police with the intention to provide better services and security to people who...
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1.1K
75,000 people switched to Lahore’s Orange Line train, metro, speedo buses due to fuel hikes
The recent massive hikes in fuel prices have adversely hit the routine life of the middle and lower-middle class, consequently, more than...
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880
PTI’s Ehsaas program gains international recognition from Stanford University
Stanford University has issued a publication on how the world can learn from Imran Khan’s poverty alleviation Ehsaas Program initiated by the...
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794
Sindh allocated Rs 4 billion in budget for procuring more buses for Karachi
The Sindh government has set aside an amount of Rs 4 billion in the next fiscal year 2022-23 for procuring more buses...
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825
Pakistan’s textile, clothing exports grew 28.26% to $17.62 billion in 11 months
Textile and clothing exports showed an increase of 28.26 percent year-on-year to $17.62 billion during the first 11 months of this fiscal...
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723
KP wildfires damage forests, pastures over 14,430 acres in fortnight
More than 200 wildfires caused damage to forests and pastures over an area of 14,430 acres in different districts of Khyber Pakhtunkhwa...
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736
Total public debt crossed Rs 44 trillion by end of PTI term
According to the Pakistan Economic Survey 2021-22, the total public debt stood at Rs 44,366 billion at the end of March 2022,...
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789
Punjab canal system faces 75% water shortage
Punjab’s canal system is suffering through a 75 percent water shortage as the province was provided 53,100 cusecs of water against its...
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723
Roshan Digital Accounts record highest single-day inflow of $57 million
On Tuesday, overseas Pakistanis sent $57 million using Roshan Digital Accounts, setting a new record for the largest remittance in a single...
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791
Goods transporters increased fares of cargo shipments by 40% after fuel hike
The goods transporters have announced 40% increase in the fares of cargo shipments following the third consecutive increase in petroleum prices in...
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860
Massive oil, gas reserves discovered in Tando Allah Yar, Sindh and Rajanpur, Punjab
The Oil and Gas Development Company Limited (OGDCL) has succeeded to discover new oil and gas reserves from wells in districts Ghotki...
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697
Salient features of Punjab budget 2022-23
Punjab Minister Sardar Awais Ahmad Khan Leghari presented the Punjab budget for the fiscal year 2022-23 in the Punjab Assembly session held...
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774
Pakistan Minister slammed after urging people to drink less tea to help economy
Minister for Planning Ahsan Iqbal has urged people in Pakistan to reduce the consumption of tea as sipping fewer cups a day...
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787
Rupee in a free fall as it plunges to 211.48 against US dollar
The Pakistani rupee continued its free-fall and crossed the 210 threshold against the US dollar for the first time in the interbank...
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943
Italy to promote Pakistan’s olive culture with €1.5 million investment
Andreas Ferrarese, the Italian ambassador to Pakistan, said Italy was investing €1.5 million in a project in Pakistan to promote olive cultivation...
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1.4K
We’ve found an easy way to rent a car in Pakistan
Renting a car in Pakistan is now so easy, we have found an easy way to rent a car through eZhire app...
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692
Pakistan has almost crossed the finish line to get out of FATF grey list
Pakistan has “largely fulfilled its two action plans,” according to the Financial Action Task Force (FATF), and will be pulled from the...
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1.0K
Contract for 168-km missing link of CPEC’s M-8 Motorway awarded by NHA
The National Highway Authority (NHA) gave the contract costing Rs8 billion for the construction of 168 kilometers long-missing link in the M-8...
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881
KP allocates massive Rs 418 billion development fund in Rs 1.33 trillion budget
The PTI-led Khyber Pakhtunkhwa (KP) government reserved a record amount of Rs 418 billion for development projects in the Rs 1.33 trillion...
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650
Sindh government to switch Karachi parks to solar energy in phases
Karachi parks are soon going to be turned into solar power, Kidney Hill Park and Safari Park will be switched to solar...
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614
Moody’s lowers deposit ratings of five Pakistani banks to negative
Moody’s Investors Service affirmed the B3 long-term deposit ratings of five top Pakistani banks meanwhile changing their outlook to negative from stable...
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646
Overseas Pakistanis remitted $2.3 billion in May and record $28.4 billion in 11 months
Pakistan has received a record over $28 billion in remittances in the first 11 months of the outgoing fiscal year, presenting an...
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2.1K
Green line metro from Bhara Kahu & Blue line from Gulberg to start operation from August
The Green Line metro bus service from Bhara Kahu to PIMS and Blue Line metro bus service from Gulberg to Faizabad are...
