Pakistan Archives

Pakistan to negotiate with IMF regarding personal income tax

The government would hold tough negotiations with the IMF for withdrawal of Personal Income Tax exemptions and bringing changes in its existing...

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Germany to provide €448.5 million aid for uplift of various sectors in Pakistan

Pakistan will receive €448.5 million in financing from Germany for initiatives in vocational training, health, social protection, urban infrastructure, climate change, and...

PTA decides not to block cryptocurrency websites

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PTA refuses to block cryptocurrency websites

According to news, the Pakistan Telecommunication Authority (PTA) on Monday turned down a request from the Federal Investigation Agency (FIA) to restrict...

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Ministry, Malala Fund to work for the promotion of STEAM education in girls’ schools

The Ministry of Federal Education and Professional Training and Malala Fund signed a contract for the progress of STEAM education in girls’...

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Korea to further increase the quota for Pakistani immigrants

The quota for Pakistani immigrants increased over the years, a 16% rise from 2021 to 2022 only, and the Republic of Korea...

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World Bank sets four conditions for Pakistan for $350m loan

The World Bank has now demanded Pakistan to complete four tasks during the current fiscal year 2021-22 to receive clearance for a $350...

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Govt initiates work on new fertilizer policy

The government is in progress to work on a framework for a fresh fertilizer policy intended at solving issues associated with a...

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Water sports project at Karachi’s Hawkesbay inaugurated

City Administrator Murtaza Wahab has inaugurated the Arabian Sea Water Sports Project at a ceremony that took place at Hawkesbay. Addressing the...

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SBP launches initiative to boost remittances

The State Bank of Pakistan (SBP) has unveiled an incentive scheme for the exchange companies (ECs) in order to boost the flow...

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AJK to establish authority to tap tourism potential: minister

Azad Jammu and Kashmir (AJK) will shortly set up an authority for the exploitation of its rich tourism potential to uplift the...

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Report on unemployment released

Pakistan Institute of Development Economics (PIDE) issued its recent report on unemployment in the country that revealed over 31 percent of the...

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Govt borrowing from banks falls 66pc in seven months

The government’s borrowing from scheduled banks shrank 66 percent year-on-year to Rs292.7 billion during the first seven months (July to January) of...

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Salaries of Grade-1 to 19 employees increased by 15%

Minister for Information and Broadcasting Fawad Chaudhry announced a 15% raise in salaries of government employees on Thursday, citing the strengthening economy...

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Khyber Pakhtunkhwa allocates Rs 239 million to fix environmental problems

The Khyber Pakhtunkhwa government allotted Rs 239 million to resolve environmental problems in the province, containing Rs 70 million for the acquisition...

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Japan restoring British-era Gravity Flow Water Supply Scheme in Haripur City

Japan International Cooperation Agency is assisting Pakistan in restoring Gravity Flow Water Supply Scheme in Haripur City to improve depletion of underground...

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Pakistanis are forced to pay high prices for products now carrying lesser weight

A huge price upsurge in milk-based products and black tea has been seen in just two months ahead of Ramazan, whereas customers...

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PM Imran announces 15% pay raise for FC, Rangers

Prime Minister Imran Khan on Tuesday has announced a 15 percent rise in the salaries of Frontier Corps (FC) and Rangers personnel. The...

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New dedicated double-track freight corridor to be built from Karachi Port

The government has decided to make a dedicated double-track corridor from Karachi Port to a new rail-to-logistics terminal in Pipri Marshalling Yard...

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Most cases out of 20,000 cybercrimes reported in 2021 involved university students

Circle In Charge Cybercrime wing of Federal Investigation Agency (FIA) Qari Jahanzaib revealed that university students are the most vulnerable to data...

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Pakistan to set up semiconductor manufacturing zone with Chinese help

Pakistan has sought China’s help to build a semiconductor zone in the country to boost its self-sufficiency in modern gadgets. Pakistan has...

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Pakistan’s efforts to strengthen economic resilience appreciated by IMF

The International Monetary Fund (IMF) has lauded Pakistan’s recent policy measures aimed at strengthening economic resilience. IMF said in a statement that its Executive...

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Bank lending to private sector surges 235% to Rs 786 billion

Bank loans to the private sector have surged 235 percent in almost the first seven months of the current fiscal year. As...

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Peshawar BRT wins international 2022 Sustainable Transport Award

Bus Rapid Transit (BRT) Project Peshawar has been recognized as ‘Honorable Mention’ for Sustainable Transport Award 2022 on 10th February 2022 in...

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PM Imran, Gen Bajwa meets troops in Naushki who repulsed & killed 20 terrorists

Prime Minister Imran Khan and Chief of the Army Staff General Qamar Javed Bajwa on Tuesday paid rich tributes to the martyrs...

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Chinese contractors get another 15 years lease for Saindak copper-gold project

The government has given its clearance for Saindak Metals Limited (SML) and Metallurgy Corporation of China (MCC) to prolong their lease agreement...

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ADB pitches ‘Economic Corridor’ model to fully capitalise on CPEC

Pakistan is strong enough to become the nucleus of economic activity for Central, South, and West Asian countries in case it follows...

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Less construction, transportation activities dip cement sales 16.6% in January

A continued decline in cement supply is seen in January having a 16.58 percent decrease is sales mostly owing to the cost...

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Trade deficit shrinks 30% to $3.36 billion in January

Mizzamil Aslam, the spokesman of the Ministry of Finance while addressing a press conference on Wednesday said that Pakistan’s trade deficit shrank...

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Five Pakistanis featured in World Poetry Tree, a global poetry anthology

For the very first time, an album of the poetry of more than 400 foremost poets from all over the world was...

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Pakistan raised $1 billion through international sukuk issue

The proceeds of $1 billion have been raised through the international Sukuk issue, the first under the newly established Trust Certificate Issuance...

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Textile exports expected to cross $20 billion this year

Pakistan’s textile sector’s exports are set to swell to a record high and will gain an edge over South Asia, said Abdul...

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Pakistan to build 17 Intelligence Bureau offices along CPEC route

For the enhancement of the security of the China Pakistan Economic Corridor (CPEC), Pakistan will pursue Chinese funding to construct the 17...

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Utility stores jacks up oil and ghee rates by an average of Rs 70 per kilo

Essential commodities such as ghee, oil, spices, beans, milk, mixed milk, ketchup, detergent, and shampoo have all increased in price in Utility...

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Pakistan to receive remaining $3 billion from IMF over the next seven months

Pakistan after getting $1.05 billion from IMF is scheduled to receive the remaining $3 billion under the International Monetary Fund’s (IMF) $6...

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British Asian Trust appoints industrialist Mian Mansha as Chair of Advisory Council

The British Asian Trust has hired the leading Pakistani industrialist Mian Mohammad Mansha as chairperson of their Advisory Council in Pakistan. The...

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Foreign inflows in equities, bonds and treasury bills outpaced outflows in January

During the month of January, foreign inflows in equities, Market Treasury Bills, and Pakistan Investment Bonds increased, crossing the outflows. According to...

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Japanese man mistook Karachi’s Orangi Town as a tourist spot

After Chinese, a Japanese resident on Monday arrived at Karachi’s Orangi Town assuming it as a tourist spot, when he was exploring...

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SHC sets aside ECC’s policy on NGOs receiving foreign funding

The Sindh High Court stated that a policy reported in 2013 for the regulation of the non-governmental organizations (NGOs) getting overseas funding...

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Rs 126 billion Greater Karachi Bulk Water Supply Scheme approved

Ecnec has approved four development projects, an estimated cost of Rs 448.36 billion including Rs 126.404 billion Greater Karachi Bulk Water Supply...

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Why Paracetamol tablets are disappearing from pharmacies

Paracetamol is inaccessible in numerous pharmacies in Pakistan and is being retailed in the black market and the Drug Regulatory Authority of Pakistan...

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Trial run of 600MW Lucky Power Plant and 300MW Thar Energy begins

The test run of two 900MW power plants, Lucky and Thar Energy Ltd has paved the way for the launch of their...

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Kharian–Rawalpindi Motorway to be constructed on BOT basis at a cost of Rs 108.41 billion

The Kharian-Rawalpindi Motorway is now one of the National Highway Authority’s (NHA) most expensive projects, with a per-kilometer cost that is 60...

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Nadra to soon launch nationwide digital identity wallets

Under the government’s Digital Pakistan vision, the National Database and Registration Authority (NADRA) is aiming to make computerized national identity cards digital...

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Karachi to get 3000 feet long first-ever zip line

The Karachi Metropolitan Corporation (KMC) has decided to establish a zip line at Bagh Ibne Qasim along the city’s Clifton coastline in...

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Three Indus river dolphins get satellite tags in a pioneering study

The groundbreaking study reveals that the World Wide Fund for Nature-Pakistan (WWF-P) in association with the Sindh wildlife department securely sited satellite...

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Repurposing agricultural policies to bring multiple benefits

The repurposing current agricultural public policies could deliver multiple benefits for people, the planet and the economy, said World Bank. Martien van...

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First shovel of lignite coal extracted from Pakistan’s largest coal mine ‘Thar Block 1’

The first shovel of lignite coal have been extracted from the coal pit of Block 1 in the Thar coalfields near Islamkot...

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Bill to protect women against harassment at the workplace becomes law

After the Parliament of Pakistan informed the Protection Against Harassment of Women at the Workplace (Amendment) Act, 2022, and formally sanctioned it...

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Two underpasses in Pakistan named after two mega cities of China

Depicting the immortal friendship between China and Pakistan, from many flyovers and underpasses laid down in the length and breadth of Pakistan,...

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Islamabad to get its first modern mass transit system soon

The Federal Commission took the decision to initiate a mass transit system for the federal capital Islamabad depending on the national census...

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Pakistan joins hands with Turkey to develop space and satellite projects

Pakistan has joined hands with Turkey in order to develop space and satellite projects, Turkish defense giant TAI is looking for new...

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Cybercriminals laundered $8.6 billion in cryptocurrencies in 2021

According to a report released on Wednesday by blockchain analysis firm Chainalysis, cybercriminals laundered $8.6 billion in cryptocurrencies last year, up 30%...

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Pakistan marks one year polio-free milestone

With no new cases reported in the previous year, Pakistan has reached a significant milestone in its fight to eliminate the polio...

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Naya Pakistan Qaumi Sehat Card Program to bring revolution in health sector: PM

The Naya Pakistan Qaumi Sehat Card scheme has been launched in order to provide health insurance to families across Punjab, Islamabad, Azad...

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Rescue 1122 services extended to 79 tehsils of Punjab

On Tuesday, Chief Minister of Punjab Usman Buzdar launched the Rescue 1122 service for 79 tehsils of the province. In a ceremony...

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89 citizens killed over blasphemy allegations since 1947

Around 89 citizens have been murdered in extrajudicial killings related to blasphemy cases since the inception of Pakistan, says a report. According...

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2,000 Solar-Powered Water Pumps to be installed in Punjab

2,000 Solar-Powered Water Pumps are going to be installed across Punjab for the provision of clean water in underdeveloped and backward areas...

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Pakistani rice selling under ‘Made in India’ tag in international markets

According to a report by German news outlet, Pakistani rice is being sold under “Made in India” tag in international markets. While...

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Asad Umar calls export-led growth vital for economy

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

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

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

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Pakistan witnessed record production in agriculture sector

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

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Over 22,000 government officers in Pakistan are dual nationals

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

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In a first, Police registers case against a man for killing a pet dog

Police have registered a case against a man for killing a pet dog in Khyber Pakhtunkhwa’s capital, making it the country’s first-ever...

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

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

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

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

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Pakistan Railways deploys scrapyard management system powered by Google

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

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

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

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

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

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Growing financing needs may force Pakistan to seek new IMF loan

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

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

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

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Solar power plants to be installed in 528 villages of Punjab

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

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Trade diversification boosting exports in non-traditional markets

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

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Finding Jobs in Karachi

Karachi is the capital of Sindh province and largest country of Pakistan, it is also economic, commercial and industrial hub of the...

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

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

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

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

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

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

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Latest Transparency report proves corruption on rise under PM Imran Khan

Transparency International, a global corruption monitor, has ranked Pakistan 140th out of 180 countries in its Corruption Perception Index (CPI) for 2021,...

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PHA Officers Residencia scheme for government employees inaugurated

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

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

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

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

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

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Rs 1 billion allocated for minorities development fund in Punjab

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

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Pakistan launches $1 billion Ijara Sukuk in global market with maturity of seven years

Pakistan on Monday launched the $1 billion Islamic bond — Ijara Sukuk — in the global capital market, after a four-year hiatus,...

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Turkey to launch 50 development projects in Pakistan this year

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

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

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

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

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

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Work on Dasu dam resumed after Pakistan compensates 36 Chinese with $11.6 million

After a six-month hiatus, development work on the Dasu Dam project in Khyber Pakhtunkhwa has been formally resumed. China’s Global Times made...

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Traders and citizens of Islamabad openly violating ban on plastic bags

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

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

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

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Government to modernise and improve road infrastructure of Balochistan

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

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World Bank forecasts 3.4% growth for Pakistan in FY22

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

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Patients from KP to get free kidney and liver transplant facility

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

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Dr Yasmin Rashid announces to donate organs after death

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

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Khyber Pakhtunkhwa notifies 11 new protected areas for wildlife conservation

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

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

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

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What does the inquiry report on Murree incident say?

Following discoveries in a five-member investigating committee’s report on the Murree incident, Punjab Chief Minister Sardar Usman Buzdar ordered the suspension of 15...

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Pakistan Army 9th on list of world’s most powerful militaries

Pakistan, with an estimated 102 million available military manpower and at least 1.6 million total army personnel, ranked 9th among 140 countries...

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Three-year economic development plan for merged tribal districts okayed

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

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Oil refineries fear closure in February as demand wanes

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

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Pakistan exploring alternative travel hotspots for snow tourists

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

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PM Imran says Pakistan to increase exports to stimulate economic growth

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

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

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

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Remittances hit all-time high of $15.8 billion in July-December

Remittances from Pakistani individuals working overseas increased by 11.3 percent to $15.8 billion in the first half of this fiscal year, according...

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

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

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

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

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

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

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Rupee depreciates slightly to settle at Rs 176.22 against US Dollar

The rupee slightly depreciated on Wednesday to settle at Rs 176.22 against the greenback in the interbank market compared to the previous...

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Priyantha Kumara’s widow given $100,000 & Rajco to send monthly salary for 10 years

Prime Minister Imran Khan has appreciated Sialkot business community and Rajco industries for extending assistance to the widow of Sri Lankan National...

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

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

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Pakistan bans conventional disposable syringes to contain HIV

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

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Pindi to have rainwater harvesting system in five major parks

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

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Can Pakistan ensure economic security with the new national security policy?

Pakistan’s first ever, long awaited National Security Policy was launched by Prime Minister Imran Khan on Friday in the presence of the...

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FBR unearthed Rs 500 million sales tax fraud by Metro Shoes

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

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Pakistan Railways launches first ever reefer freight train

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

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Consumers to pay additional Rs 4.3 per unit for November power use in January bills

Consumers shall pay the additional fuel charges adjustment Rs 4.3 per unit cost for electricity used in November 2021 in the January...

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

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

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

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

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

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

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

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

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

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

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IMF postponed 6th review of $1 billion tranche for Pakistan till end of January

Pakistan’s request to extend the assessment of its $6 billion loan programme, which was due for January 12, was accepted by the...

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

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

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

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

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

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

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Monal restaurant, Navy golf course among 79 encroachments in Margalla Hills National Park

Monal Restaurant and the Navy golf course are amongst the total 79 encroachments in the Margalla Hills National Park as identified by...

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

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

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

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

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

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

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Restriction on tourists entering Murree extended until January 17

The National Highways and Motorway Police (NH&MP) has extended the restriction on tourists entering Murree until January 17. NH&MP have decided to...

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

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

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

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

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

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

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Wanted TTP commander Muhammad Khorasani killed in Afghanistan

Khalid Balti aka Muhammad Khorasani, the most sought Tehreek-e-Taliban Pakistan (TTP) commander and spokesperson, was killed in the Afghan province of Nangarhar....

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

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

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

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

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Industrialization, exports key to economic growth: PM Imran

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

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

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

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

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

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

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

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Free mobile services being provided to tourists stranded in Murree, Galliat

The Pakistan Telecommunication Authority (PTA) has provided a free on-net calling option for all individuals trapped in Murree and Galliat due to...

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

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

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

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

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

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

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

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

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PTI constructed 2000 km road projects across Pakistan

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

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Almost 4 million vehicles received challans in Lahore in 2021

In yearly report, the Lahore Traffic Police have provided statistics on challans and traffic rule education. Last year, the authority issued challans to...

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22 dead as heavy snowfall traps tourists in their vehicles in Murree

After around 22 tourists died in their cars in Murree due to severe snowfall, the federal government has dispatched Pakistan Army and...

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

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

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28 Pakistani companies win GDIB awards for best practices in industries

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

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

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

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Massive traffic jams as around 80,000 vehicles entered Murree in last two days

The Murree tehsil administration has issued a travel advisory, encouraging travelers to check weather forecasts and traffic conditions before visiting the hill...

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

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

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Key part of CPEC western route, 293 KM Hakla-DI Khan Motorway opened

At a ceremony in Islamabad, Prime Minister Imran Khan officially opened the 293 kilometres long Hakla-Dera Ismail Khan Motorway. PM Imran Khan remarked...

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Pakistan faces daunting challenges as it enters 2022

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

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Pakistan’s first-ever ginger harvest inaugurated in Chakwal

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

2.1K

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

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

1.3K

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

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

704

Pakistan’s regional exports increase 30.9 percent in five months

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

1.0K

UN climate summit declared Pakistan Forestry Champion

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

4.4K

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

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

2.3K

Pakistan Refinery Limited unveils $1.2 billion expansion project

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

1.3K

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

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

1.0K

Remittances to keep current account deficit manageable

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

1.2K

Second spell of heavy winter rain expected from tomorrow

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

903

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

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

872

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

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

889

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

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

1.0K

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

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

1.1K

Karachi to have new fuel jetty for better oil handling

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

966

Health insurance for tribal people raised to Rs 1 million

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

1.2K

CM Buzdar inaugurates Rs 659.2 million Abdul Sattar Edhi Underpass

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

1.6K

SBP Amendment Bill bars government borrowing from central bank

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

1.9K

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

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

1.6K

Pakistan dependent on dollar inflows through international commercial banks

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

1.2K

Cabinet approves Pakistan’s first-ever national security policy

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

977

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

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

992

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

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

1.0K

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

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

1.9K

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

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

3.1K

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

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

1.4K

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

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

789

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

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

1.1K

FIA seized credit cards, bank accounts of 1,064 people linked to crypto transactions

Based on a month-old request submitted through the Cyber Crime Reporting Center (CCRC) in Islamabad, the Federal Investigation Agency (FIA) has confiscated...

819

Pakistan gets $4.6 billion foreign loans in five months

According to the Ministry of Economic Affairs report, foreign loans increased to $4.69 billion in the first five months of the current...

851

Rain at various parts of country reduce smog and air pollution

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

841

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

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

879

Current account deficit jumps to $7 billion in five months

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

1.3K

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

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

1.8K

SBP limits how much foreign currency you can buy in Pakistan

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

1.5K

Pakistan’s bhang exports can reach $5 billion in next few years

Pakistan is attempting to gain a foothold in the multi-million dollar hemp (bhang) industry globally and the country is expected to reach...

959

Four new purpose built multistoried Panagahs to be built in Islamabad

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

726

Banks disburse record Rs 1.4 trillion agricultural loans in FY21

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

819

Islamabad-Tehran-Istanbul freight train service can transport 80,000 tonnes of goods

Azam Khan Swati, the Federal Minister for Railways, inaugurated the Islamabad-Tehran-Istanbul freight train to boost trade between the three countries. After a...

1.0K

Pakistan tests indigenous Babur cruise missile with enhanced range

The Pakistan Army successfully tested a ‘enhanced-range’ version of the indigenously developed Babur Cruise Missile 1B, according to a statement from the...

1.2K

Fatima Fertilizer creates history with highest safe man-hours recorded

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

860

Pakistan, Turkey, Malaysia to launch Islamic TV channel

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

798

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

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

905

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

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

823

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

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