Pakistan Archives

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

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

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

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

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IT & Telecom exports increase the most to $1.05 billion in five months

Pakistan’s IT and telecom services exports have reached their highest level in five months. For the period July-November FY2021-22, ICT export remittances,...

990

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

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

699

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

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

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

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

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

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

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

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

747

Asian Development Bank forecasts higher inflation in Pakistan

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

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

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

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

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

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Pakistan sets Guinness record for most cars at drive-in concert

Pakistan set the Guinness World Record for the most vehicles during a drive-in music concert in front of a massive gathering. The...

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PM Imran Khan expects GDP to grow at a higher rate

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

790

Remittances up 9.7% to $12.9 billion in five months

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

920

Federal government to stop financing provincial development projects

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

846

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

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

846

NADRA to use artificial intelligence to compute income, tax liability of non-filers

Before the end of the year, the National Database and Registration Authority (NADRA) will use advanced technology to evaluate the income and tax...

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Footwear exports likely to reach $1 billion by 2027

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

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Cabinet extends deadline for old currency notes

The federal cabinet made a decision that some residents will be able to exchange old currency notes until December 31, 2026. The...

648

Japanese Consul General terms Karachi vibrant and peaceful city

Karachi is turning into a lively city in which many social and cultural events are taking place on regular basis. The city...

862

State Bank raises interest rate by 100 bps to 9.75%

Pakistan’s central bank raised the benchmark interest rate by 100 basis points to 9.75 percent on Tuesday, in line with market expectations,...

889

Wasa plans to convert disposal stations to solar energy

In order to utilize green energy, Water and Sanitation Agency WASA is going to transform its critical five major disposal stations into...

708

Furniture exports grow more than 202% in 4 months to $2.78 million

The furniture exports of Pakistan recorded an escalation of 202.49 percent in the first four months of the existing financial year as...

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180 foot-tall Ferris wheel to be installed at Islamabad’s lake view park

The largest Ferris wheel of Pakistan having an altitude of around 180 feet has been decided for installation at Lake View Park....

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Overseas Pakistanis raising $50,000 CAD to support family of Priyantha Kumara

Overseas Pakistanis have upraised tens of thousands of dollars to deliver nonstop assistance to the family of Priyantha Diyawadan Kumara, a Sri...

905

Steel bar prices rise by Rs 2,000 to Rs 197,500 per ton

Steel bar makers have increased the prices by Rs 2,000 per ton, sky rocketing the price to Rs 197,000 due to continuous...

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Pakistan is still the cheapest country to live in: PM Imran Khan

Prime Minister Imran Khan has reiterated that Pakistan is still the cheapest country to live in, claiming that the skyrocketing inflation will...

700

Pakistan LNG Limited utilizing only 70% of second LNG terminal

The Petroleum Division revealed that Pakistan LNG Limited (PLL) has been capable to exploit only 70% of the capacity of the country’s...

636

ECP to hold Islamabad local bodies elections using EVMs

As parliament passed the bill to make it obligatory to use the electronic voting machines (EVMs) for elections, the Election Commission of...

651

Soldier martyred in terrorist attack at Pak-Iran border: ISPR

In a terrorist attack on a checkpoint near the Pakistan-Iran border on Tuesday, a Pakistan Army soldier embraced martyrdom, according to Inter-Services...

588

PM Imran Khan Launches Naya Pakistan Card Initiative

Prime Minister Imran Khan officially launched the Naya Pakistan Card initiative, taking jumbo welfare programmes of the Pakistan Tehreek-i-Insaf (PTI) government including...

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Rawalpindi to be divided into city, cantonment and saddar tehsils

The government had taken the decision to divide Rawalpindi into three tehsils i.e. city, cantonment, and Saddar, Punjab Law Minister Mohammad Basharat Raja had...

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New 100,000 tons PVC Plant of Engro Polymer inaugurated by PM Imran

Prime Minister Imran Khan had inaugurated a 100,000-tonne PVC III plant of Engro Polymer and Chemicals (EPCL), which will help to enable...

940

NEPRA notifies Rs 4.74 hike in power tariff for October

The National Electric Power Regulatory Authority (NEPRA) announced an increase in the electricity tariff of Rs 4.74 on Thursday. According to a...

644

Police and judiciary Pakistan’s most corrupt institutions, says Transparency International

Over 90 percent of Pakistanis consider that inflation and price hikes are the maximum in the PTI government’s era compared to former...

661

ADB approves $603 million loan to support Pakistan’s Ehsaas programme

Acknowledging the importance of the Ehsaas program in Pakistan, Asian Development Bank (ADB) has approved a loan worth $603 million. A statement of...

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Pakistan’s biggest expo center to be constructed in Faisalabad

Usman Buzdar, the Chief Minister of Punjab has given consent in principle for constructing the largest expo center of Pakistan in Faisalabad....

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WAPDA eyes to raise $2.4 billion in 4-5 years through Green Bonds

WAPDA aims to generate $2.4 billion in the next four to five years through Green Bonds, securing annually between $500-600 million on...

877

Govt to change the formula for determining the rate of inflation

The government has decided to modify the formula for finding the rate of inflation in the country and for this purpose the...

675

China-Pakistan friendship provinces, cities set up to promote cooperation

A meeting on collaboration between China and Pakistan Friendship Provinces and Cities was held online which served as a highlight of commemorations...

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Karachi’s first-ever modern mass transit Green Line bus service launched

Prime Minister Imran Khan has officially initiated the Green Line Bus Rapid Transit project in Karachi, a ray of hope for the...

799

Power sector circular debt rose by Rs 139 billion to Rs 2.419 trillion during 4MFY22

Pakistan’s circular debt, during the first half (July – October) of the fiscal year 2021-2022, has increased by Rs 139 billion. In...

569

70% of Lahore illegally built, says ACE Punjab

Almost 70% of Lahore is unlawfully built, Punjab Anti-Corruption Establishment (ACE) Director-General Gohar Nafees disclosed on Wednesday. In line with the report...

702

Pakistan’s Malala, Abia, Laila make it to ‘BBC 100 Women 2021’

Winning the world with their absolute willpower, drive, and involvement, three Pakistani women have made their place in BBC 100 Women list....

604

SBP foreign exchange reserves rise $2.65 billion to $18.66 billion

The foreign exchange reserves of Pakistan increased by 16.6% or $2.648 billion to $18.658 billion during the week ended on December 3...

880

Smog in Lahore: Find Out What’s Causing It & How To Protect Your Health

Lahore, the capital of Punjab, has been dubbed the world’s most polluted city due to its poor air quality thanks to pollution...

816

Cement sales rise 7% to 4.82 million tons in November

During the period from July to October, this year, the domestic sales and export of cement in Pakistan came down by 7...

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KP, Punjab collectively had 54,746 road accidents in last six years

An 8% drop in the total number of deaths from road accidents has been recorded in Pakistan between a six-year period of...

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Pakistan to reopen Lahore’s famous Jain temple

After nearly three decades, Pakistan is soon going to reopen the well-known Jain Temple after its rebuilding and renovation. Jain Mandir- The...

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National Savings outflows reduce government’s borrowing options

The outflows from the National Savings Schemes (NSS) continued during the first four months of 2021-22 when the government of Pakistan has...

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Balochistan to release Rs 182 billion to FWO for dam, road projects

The Balochistan cabinet has discussed a 21-point agenda in a marathon session and took numerous decisions on essential matters, with the release...

767

Free liver transplant facility in KP only for poor patients

The Khyber Pakhtunkhwa government has taken an initiative for poor people and decided to give free liver transplant facilities only to ‘selected...

688

Kinnow exporters hit by import tax increase by Taliban

The Afghan government has imposed an Rs 33 per kg import tax on kinnow this season against Rs 3.5 per kg of...

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First-ever plastic road in Islamabad made with 10-tonne bottles goes functional

Pakistan’s ‘first plastic road,’ carpeted with almost 10 tonnes of recycled plastic waste, was inaugurated in Islamabad on Monday. Interior Minister Sheikh...

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14-storey Italian cruise ship bought for Rs 2 billion to be dismantled and sold as junk

The 1200-room Italian-built cruise ship which was purchased for Rs 2 billion and brought to Pakistan will now be destroyed and sold...

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Sialkot tragedy could be a turning point, says Malik Adnan after receiving appreciation letter

Prime Minister Imran Khan on Tuesday presented Malik Adnan – the man who tried to save the life of his Sri Lankan...

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President Alvi promoting family dental practice called out for ‘conflict of interest’

Dr. Awab Alvi, son of President Dr. Arif Alvi, said approving a $25 million Memorandum of Understanding (MoU) among the Alvi Dental...

875

Mini budget to come in January with adjustments worth Rs 600 billion

The government has concluded a mini-budget concerning fiscal modifications and disbursement cuts worth about Rs 600 billion as part of an understanding...

661

NEPRA allows K-Electric to charge additional Rs 1.08 per unit for October

The National Electric Power Regulatory Authority (Nepra) permitted K-Electric (KE) to charge near Rs 1.08 per unit additional fuel cost for electricity...

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Railways runs steam engine train to revive tourism

Pakistan Railways has organized a special steam engine tourism train for Rawalpindi, Attock, and Nowshera for the revival of tourism activities as...

552

70 enterprises get active status in special economic zones

Only in five months of its formation in January this year, the Special Economic Zone Management Information System (SEZMIS) has enlisted record...

670

Weekly inflation declines 0.48 percent

Weekly inflation for the week terminating on December 2 observed a drop of 0.48 percent week-on-week, however, it increased by 18.6 percent...

581

Textile exports projected to cross $20 billion target during current fiscal year

Textile exports are likely to achieve the target of over $20 billion due to the government’s export-oriented policies and strong economic recoveries....

805

Covid audit reveals massive Rs 5.24 billion irregularities by Utility Stores Corporation

The federal government has issued the audit report of expenses made under COVID-19 related methods, illuminating indiscretions worth Rs 5.24 billion in...

765

Rs 117 billion raised through auction of fixed-rate Pakistan Investment Bonds

The first auction of Pakistan Investment Bonds (PIBs) after an upsurge in the interest rate observed a jump in rates as cut-off...

645

Punjab becomes Pakistan’s first polio-free province

Punjab has grown into Pakistan’s first polio-free province after all environmental samples gathered from the sewerage water from various cities verified negative...

493

Outflow of profits, dividends on foreign investment falls 16.5% in July-October

The outflow of profits and dividends on foreign investment in Pakistan has declined by 16.5 percent to $566 million in the first...

754

Inflation rises to 11.5% in November, highest in 21 months

During the month of November, inflation has registered the highest rise in 21 months with an 11.5 percent rise on a year-on-year...

692

Swedish Embassy, UN Women Pakistan join hands to end violence against women

Due to the 16 days of activism against the gender-based violence movement all over the globe, UN Women Pakistan and the Swedish...

764

FBR beats five-month tax target by Rs 298 billion, an increase by 36.5%

Federal Board of Revenue (FBR) has exceeded the five-month (July-Nov) tax collection target by Rs 298 billion and collected Rs 2.314 trillion...

782

Govt mulls new plan to bring down circular debt by Rs 300-400 billion

The government is planning to initiate a scheme to decrease the routine of the circular debt by announcing dividends for the shareholders...

663

FBR extends deadline of digital payment for corporate sector

The Federal Board of Revenue (FBR) has extended the deadline for digital payment for the corporate sector to December 31. Earlier, the...

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PTI govt to build six-lane bridge over Karachi waters at a cost of Rs 2.3 billion

With the aim to lessen traffic congestion, the Karachi Port Trust (KPT) is presently working on a six-lane bridge, the Federal Minister...

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Pakistan unveils new indigenously developed Shahpar-II armed drone

Pakistani firm Global Defence and Industrial Solutions (GIDS) unveiled an armed version of its Shahpar-II UAV at the Egypt Defence Expo (EDEX). Besides the...

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Lahore to combat environmental hazards with IoT based smart trees

The first-ever city of Pakistan, Lahore is going to have Internet-of-Things (IoT) based smart trees of environmental benefits. The Lahore Central Business...

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No entry on Lahore-Islamabad motorway without M-Tag from December 7th

No vehicle without M-tag will be allowed to ply on the any portion of the Lahore-Islamabad motorway (M2) from Tuesday the 7th...

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Karachi Green Line BRT to be launched this month, Yellow Line in March

The long-promised Green Line Bus Rapid Transit (BRT) mission would be set for trial operations in Karachi within the next 10 days,...

886

Nigar Johar becomes first female colonel commandant of Army Medical Corps

Lieutenant General Nigar Johar became the first-ever female general to be selected as the colonel commandant of Army Medical Corps (AMC), the...

809

Work on 69 new roads in KP in progress to give access to tourist sites

The Khyber Pakthunkhwa Government has decided to construct 69 new roads and combined tribal districts by the allocation of Rs 3,318.783 million...

848

Pakistan conducts successful flight test of Shaheen-1A ballistic missile

Pakistan has led an effective flight test of Shaheen-1A surface-to-surface ballistic missile, intended at re-validating many designs and technical considerations of the...

664

Punjab registers record rice production of 5.766 million tonnes

According to the report of the Punjab Crop Reporting Service, there has been a 1.88 percent increase in the average rice production...

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Rs 25.5 billion project signed with Kuwaiti firm for 45-cusec water supply in Thar

Meezan Bank-led consortium and Kuwaiti state-owned company Enertech Water Private Limited have signed an agreements worth Rs 25.5 billion with the Sindh...

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10th Avenue in Islamabad and other projects worth Rs 61.24 billion cleared by CDWP

The Central Development Working Party (CDWP) cleared a total of six development projects worth Rs 61.24 billion including the construction of 10th...

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FBR warns sugar traders of action for failing to comply with new track & trace system

Prime Minister Imran Khan initiated a track and trace system (TTS) of the Federal Board of Revenue (FBR) which will be helpful...

825

300MW Gwadar coal power plant worth $542.32 million to create over 1000 jobs

The 300 MW coal fire-based power project at Gwadar would produce above 1000 employments for the native persons and decrease the electricity...

770

Pakistan to announce mini-budget for revival of $6 billion IMF programme

Pakistan has decided to announce a mini-budget in accordance with the terms and conditions agreed upon with the International Monetary Fund (IMF)....

856

Pakistani engineer kicked a luxurious job for passion of raising, selling parrots

A British-Pakistani aerospace engineer has left his engineering job to follow his desire to breed and sell different types of parrots from...

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Islamabad police to hire student interns to improve cooperation with public

The Islamabad police is going to hire student interns in a proposal to progress collaboration with the public and resolve their apprehensions...

706

NADRA rejects biometric database hacking claim of FIA official

The National Database and Registration Authority of Pakistan (NADRA) has rejected claims of a Federal Investigation Agency (FIA) official that its biometric database has...

906

Pakistan took $3.8 billion in new foreign loans during Jul-Oct, up by 18%

The government has taken $3.8 billion in new foreign loans during the first four months of the current fiscal, up by 18 percent, According to...

833

Chitral has potential to generate 4,300 MW of cheap hydel electricity

The Chitral valley has the potential of making 4,300 megawatts of cheap hydel power, stated Special Assistant to Chief Minister on Energy...

664

Operation soon to retrieve state land worth Rs 5.6 trillion

Prime Minister Imran Khan has promised to initiate a process to recover occupied state land after the initial stage of digitalized cadastral...

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Profit rate on savings accounts hiked by 1.5% to minimum of 7.25%

The profit rate on savings accounts is going to rise by 1.5 percent to a minimum of 7.25 percent by December 1, said the State Bank of...

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Govt raises Rs 56 billion against Rs 600 billion target through auction of T-bills

The government had overruled nearly all competitive proposals in the auction of treasury bills held on Wednesday however it approved only Rs...

802

Twenty-five leaders of transgender community join PPP

Almost 25 leaders of the transgender community proclaimed to join Pakistan Peoples Party (PPP), showing confidence in the leadership of the Bhutto...

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Pakistan’s first national cyber security academy launched in Islamabad

President Dr Arif Alvi has inaugurated Pakistan’s first National Cyber Security Academy at Air University in Islamabad. Arif Alvi stated that, in...

830

Parliament approves three amendment bills proposed by SECP

The parliament has accepted three bills of the Securities Exchange Commission of Pakistan (SECP), comprising the Companies (Amendment) Bill, 2021, which recommends...

873

Pakistani firm secures mega Rs 6.84 billion defence agreement with UAE

The Defence Ministry of the United Arab Emirates has contracted massive agreement worth Dh143.98 million (around 39 million USD, Rs 6.84 billion) with Pakistan’s...

957

Construction material inflation pushed ongoing projects cost by Rs 200-400 billion

At present, the government needs 20 to 40 percent additional resources in order to complete the ongoing public sector projects, as the prices of construction materials are much higher. ...

618

Experts suggest a biological Wolbachia method to control dengue in KP

A biological method through Wolbachia-infected mosquitoes has been proposed by the experts in Khyber Pakhtunkhwa to lessen the population of mosquitoes as...

599

Govt to allocate Rs 1 trillion for economic development in next 4 years: Tarin

The government has allotted Rs 1.4 trillion for economic development and social sector development in the country during the next four years,...

753

China donates 30,000 food packages to Gilgit-Baltistan

At least 30,000 food packages have been donated by the Chinese government for distribution among the poor residents of Gilgit-Baltistan. According to the...

471

33 bills sail through joint session including overseas Pakistanis right of vote, use of EVMs

Despite the opposition’s protests, the joint session of Parliament passed three significant bills on Wednesday, including the use of electronic voting machines...

743

Australia to share agro-technology with Pakistan to revolutionize agriculture sector

To revolutionize the agriculture sector, upgraded technology, and human resources are the key factors, and Australia is intended to provide technical and...

735

KP govt has trained 100,000 youth in the IT sector

Khyber Pakhtunkhwa government has trained 100,000 youth in the IT sector which would help to develop the IT industry in the country,...

839

ECC approves Rs 135 billion for second installment to IPPs

The government has approved six supplementary grants worth Rs 182 billion including Rs 135 billion to IPPs on the recommendations of ruling party parliamentarians....

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Gwadar to become a major logistic hub in region within five years

Gwadar, a significant constituent of the China Pakistan Economic Corridor (CPEC) would be developed the logistics hub in the area in five...

767

Govt eyes 70% electricity generation from renewable sources by 2030

The government aims to shift 70 percent of electricity generation from fossil fuels to hydel-based and renewable sources by 2030, Stated Federal Minister for...

635

Euro-2 fuel banned in Lahore to combat worsening air pollution

Amid the worsening air pollution, the Punjab government has decided to ban Euro-2 fuel in Lahore from December until further notice. Lahore, one of...

617

SBP raises cash reserve requirement limit for banks to contain monetary expansion

The State Bank of Pakistan (SBP) has increased the Cash Reserve Requirement (CRR) by one percentage point to 6 percent for scheduled banks to contain monetary...

882

Remittances rise 11.9% to $10.6 billion in four months

A decline of 7.4 percent has been recorded in the inflows for overseas Pakistanis in the month of October as compared to...

841

500 Global meets Chairman STZA and offers to invest in promising tech startups

Global venture capital firm, 500 Global, respected Pakistan’s government for the introduction of incentives in Special Technology Zones (STZs). According to the...

806

Rs 1.44 billion spent on newspaper ads in three years by KP govt

The government of Khyber Pakhtunkhwa has released more than Rs 1.44 billion on account for regional and national newspaper ads within the...

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Rawalpindi Ring Road made PSDP project and its land acquisition process has started

The Rawalpindi Ring Road project is all set to be included in the public sector development programme (PSDP) as the government fails to find...

613

US dollar closed on high note at Rs 175.24 in open market

The US dollar touched an unsurpassed high against the rupee, rising to Rs 175.24 in the interbank market all through intraday trading. ...

969

Shehroze Kashif in Guinness Records for youngest to scale K2, Everest in same year

Pride of the country- Pakistani climber Shehroze Kashif made two new records in the same year with his two fruitful expeditions to the highest peaks of the...

824

EClear Services Limited is Pakistan’s first professional clearing member

Small traders will move their clearing, settlement, and custody functions to EClear Services Limited (ESL), the country’s first professional clearing member (PCM) entity has...

901

Pakistan gets $761 million in funds from ITFC for petroleum imports

Pakistan has received $761.5 million in funding from the Islamic Development Bank’s International Islamic Trade Finance Corporation (ITFC) to purchase petroleum products...

1.1K

Artificial rain planned to help curb smog in Lahore

Punjab University has decided to use artificial rain due to the increased intensity of smog in Lahore in the absence of natural rainfall. For...

908

Plan to provide gas to domestic consumers three times a day rolled back

Cabinet Committee on Energy (CCoE) on Thursday backed out of the plan to provide gas to domestic consumers three times a day....

919

Rawalpindi family courts reports sharp rise in divorce, khula cases

A sharp increase in divorce and khula cases has been observed in the family courts of Rawalpindi, within the previous year. The statistics reveal that...

594

Sugar fair price shops are being set up across KP and in Islamabad

The district administrations of Khyber Pakhtunkhwa Province and Islamabad Capital Territory (ICT) are establishing fair-price shops to tackle the excessive price and smooth...

728

105% high price paid for two RLNG cargoes for November

The average Regasified-Liquefied Natural Gas (RLNG) prices have been doubled as Pakistan LNG Limited (PLL) purchased two RLNG cargoes, 105 percent higher against the...

635

20 startups from Punjab to participate in Expo 2020 Dubai

Almost 20 startups have been nominated for Expo 2020 Dubai through the PITB developed Startup Punjab portal, Punjab Minister for Higher Education & IT Raja Yassir Humayun publicized. ...

773

ADB to give Pakistan $10 billion for development projects in five years

The Asian Development Bank (ADB) is scheduling to give nearby $10 billion in fresh assistance to Pakistan for the next five years to several...

485

What is driving US inflation to a 31-year high?

President Joe Biden said on Wednesday that Americans are overpaying for common items, vowing to confront the problem “head on” after government...

779

Fiscal deficit drops to 0.8 percent of GDP in first quarter due to high tax collection

The overall fiscal deficit of Pakistan in the first quarter (July-September) of the current fiscal year has dropped to 0.8 percent of Gross Domestic Product (GDP) or...

678

New Strategic Trade Policy Framework for non-textile sector approved

After a postponement period of more than two years, the cabinet has accepted the Strategic Trade Policy Framework (STPF) 2020-25. The report reveals that...

667

Pakistan among first countries to meet International Bonn Challenge

Pakistan has become one of the first countries to meet the international ‘Bonn Challenge’ through the refurbishment of about 600,000 hectares of land...

775

Govt will raise tax-to-GDP ratio from the existing 9% to 20% in five years

The present tax-to-Gross Domestic Product (GDP) ratio in Pakistan was 9 percent which was very low and required to be doubled to...

497

Power consumed in September hiked Rs 2.52 per unit to generate extra Rs 40 billion in November

The National Electric Power Regulatory Authority (Nepra) issued a notification for an additional fuel cost charge of Rs 2.52 per unit for...

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Ehsaas Rashan to provide Rs 1000 a month discount on purchase of flour, pulses, cooking oil

Special Assistant to the Prime Minister (SAPM) on Poverty Alleviation and Social Protection Dr Sania Nishtar on Tuesday announced online portal of...

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Major 535 km Punjab Arterial Roads project worth Rs 130 billion approved

The Central Development Working Party (CDWP) on Monday cleared a total of five projects worth Rs 140 billion, including major Punjab Arterial...

534

Roshan Digital Account attracts $2.677 billion in 14 months

Inflows through Roshan Digital Account (RDA) has reached $2.677 billion in October 2021 since its launch in September 2020. According to the data, issued by the...

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Karachi municipality to grow 300 Miyawaki urban forests

300 Miyawaki forests would be set up in Karachi with the technical support of the NED University, said City Administrator Barrister Murtaza...

863

100,000 youths provided jobs and Rs 35 billion distributed under Kamyab Jawan in two years

More than 100,000 youths have been provided jobs over the past two years, revealed a two-year progress report of the National Youth Development Program. Special...

1.7K

Chilgoza pine nut price crashes to Rs 3,000 per kg

The farmers of the tribal districts of North and South Waziristan have faced the loss of millions of rupees after a major...

595

75 percent people in country suffer from obesity, say experts

At least 75 percent of Pakistan’s population is suffering from obesity or are overweight due to sedentary lifestyle, says experts. On Thursday, Health officials...

777

Highest-ever 5.1 million metric tons of urea sold in 10 months by fertilizer industry

In the first ten months of 2021, the fertilizer industry sold 5.1 million metric tons of urea, up from 4.6 million metric tons in the same period of...

761

Cotton production surges by 81% to 6.257 million bales year-on-year

Cotton production in Pakistan increased to 6.257 million bales, showed the latest data released by the Pakistan Cotton Ginner’s Association (PCGA) on...

613

Public debt-GDP ratio of Pakistan to ease in FY22, FY23, says World Bank

Pakistan’s debt-to-GDP ratio will ease to 90.6% in the current fiscal year and to 89.3% in the next fiscal year 2022-23, projected...

594

Punjab announces 100,000 jobs with 33,000 vacant posts in education department

The Punjab government has taken a new initiative, approved the recruitment of 100,000 jobs in different departments all over the province. Chief Minister...

516

Pakistani education activist Malala gets married in England

The youngest Nobel Peace Prize winner and Pakistan’s women education advocate Malala Yousafzai has gotten married in an intimate nikkah ceremony in Birmingham....

797

Pakistan expects $500 million meat export earnings next year

Meat and meat preparations worth $500 million are expected to be exported by Pakistan, at the end of the current fiscal year...

431

Saudi Vision 2030 provides opportunities to realise Naya Pakistan plan: PM Imran

Saudi Arabia’s Vision 2030 offers prospects to Pakistan to engross with the Gulf country in apprehending Naya Pakistan’s determined plan owing to...

681

New food security policy will help bolster agri yield of KP

The first-ever Food Security policy and plan have been approved by Khyber Pakhtunkhwa. It is among one of the flagship projects of...

571

Textile exports hit all-time high of $6.04 billion in four months

Pakistan’s textile exports surged to an all-time high of $6.04 billion in the first four months (July-October) of this fiscal year (2021-22). ...

615

ASAP launches drive to convince 1 million Pakistanis to quit smoking

The Association for Smoking Alternatives Pakistan (ASAP) launched a campaign to convince one million Pakistanis to quit smoking. There are more than...

757

Outflow from equity, PIBs, T-bills remained three times higher than inflow during October

The foreign investment outflow in treasury bills, equity, and Pakistan Investment Bonds (PIBs) throughout October was nearly three times higher than the...

565

PM Imran Khan to launch single sales tax portal by end November

To smooth taxpayers and ensure affluence of doing business, Pakistan’s top tax machinery is set to launch the anticipated Single Sales Tax...

803

Inflation in October shoots to 9.2 percent

The Pakistan Bureau of Statistics (PBS) data exhibits the continuous rising change in customer prices in October as inflation rushed to 9.2...

878

Germany commits €129 million for climate, energy and development projects in Pakistan

At least €129 million financial cooperation agreement has been signed between Germany and Pakistan for sponsoring development projects in the country. Reports...

798

Doctors blame water pollution for surge in eye diseases

The foremost grounds of increasing eye diseases in the country are unavailability of clean water, overpopulation, and poor services delivery, a specialist...

820

NBP assure customers about financial data protection after cyberattack

National Bank of Pakistan (NBP) management on Wednesday assured their customers that all financial data was safe from cyberattack. The restoration process...

576

PM Imran announces Rs 120 billion welfare package to ward off economic woes

Prime Minister Imran Khan has announced the ‘biggest welfare package in Pakistan’s history’ worth Rs 120 billion for the masses. On Wednesday, Prime...

825

Punjab’s agriculture university students gear up to help boost wheat production

The farming community will be given guidance by students of the University of Agriculture Faisalabad (UAF) about up-to-date developments and experts’ sanctions...

2.6K

Karachi could completely sink into the ocean by 2060, warn experts

The experts cautioned Karachi could be totally flooded by 2060 if the existing trajectory of rising sea levels continues, said the British High...

1.1K

TLP workers lift GT Road blockade and move to open ground

Federal Minister for Parliamentary Affairs Ali Muhammad Khan informed about the agreement between the government and the Tehreek-e-Labbaik Pakistan (TLP) to end the march...

704

PM Imran Khan credits govt policies for decline in poverty in FY21

World Bank data shows a debility in the country’s poverty line during the fiscal year 2020-21, said Prime Minister Imran Khan on Friday. According to...

707

Lahore ranks second among top five most polluted cities in world

The weather change resulted in smog which has once again engulfed Lahore. The provincial capital’s air is said to be the most...

825

Sirbaz Khan becomes the first Pakistani to scale 9 of the world’s 14 highest peaks

Mountaineer Sirbaz Khan superseded to attain the title of the first Pakistani to climb nine of the world’s highest 14 peaks, each having height...

1.6K

Renovated Manora beach with recreational spot and waterfront opens for public

‘Manora Waterfront Beach’ has been inaugurated by Sindh Chief Minister Murad Ali Shah on Saturday. The project worth Rs 650 million was recently...

521

Nepra report says power sector hit by underutilization of efficient plants

Underutilization of efficient power plants was one of the important causes for the rise in the consumer-end price of electricity, said National Electric Power Regulatory Authority (Nepra) in...

598

Council of Islamic Ideology bans depiction of ‘Hoors’ after viral Multan video

The Council of Islamic Ideology (CCI) has condemned the practice of exhibiting women as “hoors,” calling it “wrong in light of Islamic...

885

Government and banned Tehreek-e-Labbaik Pakistan reach agreement to end protest

The government on Sunday said an agreement has been reached with the banned Tehreek-e-Labbaik Pakistan (TLP) after the latest round of dialogue between the two...

734

Rupee recovers sharply to Rs 171.65 against US dollar

After Saudi Arabia stated that it was depositing $3 billion in the State Bank of Pakistan (SBP) to help bolster its foreign...

589

NEPRA indicates Rs 2.51 tariff hike on account of fuel cost adjustment

The National Electric Power Regulatory Authority (NEPRA) has approved a Rs 2.5 rise in the per unit price of power on account...

499

Abdul Quddus Bizenjo swears in as Balochistan CM

Balochistan Awami Party’s (BAP) leader Abdul Quddus Bizenjo swore in as Balochistan chief minister after being elected to the office uncontested with...

666

President Alvi urges expats to invest in business-friendly Pakistan

President Dr. Arif Alvi has urged Pakistanis living abroad to take advantage of the country’s business-friendly atmosphere and invest in a variety...

751

Every family in Punjab will soon have up to Rs 1 million yearly through Sehat Insaf Card

Fawad Chaudhry, the Federal Minister of Information and Broadcasting, said that every household in Punjab will receive a Sehat Insaf Card worth Rs...

890

Islamabad, Rawalpindi areas sealed to prevent TLP workers from long march

Banned political party Tehreek-e-Labbaik (TLP) are on the move towards the federal capital and as part of preemptive measures against the expected...

1.5K

Lt Gen Nadeem Anjum will assume charge as new DG ISI on November 20

Prime Minister Imran Khan named Lt Gen Nadeem Anjum as the new Director General of the ISI. Lt Gen Faiz Hameed will...

1.1K

LHC seeks reply from Pemra on banning indecent drama scenes

The Lahore High Court (LHC) issued notice to the Pakistan Electronic and Media Regulatory Authority (Pemra) on Tuesday seeking reply on a...

578

Sindh High Court gives 3 months to government for cryptocurrency regulation

Sindh High Court (SHC) directed the government on October 20 to develop and submit the proposed cryptocurrency regulatory framework within 3 months....

603

IMF to allow Pakistan to utilize $2.78 billion Covid support fund

The International Monetary Fund (IMF) has agreed to allow Pakistan to utilize $2.78 billion for meeting budgetary side requirements, which the country...

652

All demands of TLP, except shutting down French embassy, accepted

Interior Minister Sheikh Rasheed Ahmad on Tuesday said the Tehreek-e-Labbaik Pakistan (TLP) leadership would call off its protest as the government has...

426

Balochistan cabinet dissolved after Jam Kamal resigns a day before no-confidence vote

Balochistan Chief Minister Jam Kamal resigned from the office Sunday evening ahead of no-confidence voting to be held on Monday. In today’s...

758

Exchange companies can now sell over $500 to buyers on Nadra e-Sahulat verification

The required biometric verification of dollar buyers by exchange companies has been activated by the National Database and Registration Authority (Nadra). State...

986

OGDCL discovers gas reservoirs in Kohlu District in Balochistan

Oil and Gas Development Company Limited (OGDCL), which holds a 100 percent working interest in the Jandran West Exploration License, has discovered gas in...

663

Saudi Arabia to buy all honey produced under Billion Tree Honey project

Saudi Arabia has shown an interest in purchasing all of honey produced under Pakistan’s Billion Tree Honey Project. According to reports, Prime...

691

Govt lowers edible oil price by Rs 45-50 per kg by reducing GST from 17 to 8.5%

Government on Monday cut general sales tax and customs duty by half and abolished two percent additional customs duty on edible oil...

578

Shaukat Tarin becomes senator from Khyber Pakhtunkhwa

The government has decided to elect Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin as a senator from Khyber...

728

Punjab launches Imported Sugar Tracking System to ensure transparency

Imported Sugar Tracking System is the first of its kind digitized system developed by Punjab Information Technology Board (PITB) for Punjab Food Department....

579

Nepra planning to increase power tariff by Rs 2.65 for September

National Electric Power Regulatory Authority (Nepra) has been recommended by Central Power Purchasing Agency (CPPA) to increase power tariff by Rs 2.65...

902

Pakistan navy blocked another Indian submarine attempt from entering its waters

On October 16, the Pakistan Navy spotted and prevented an Indian submarine from entering Pakistani waters, according to the military’s media wing. ...

1.2K

Low-cost shuttle service to be launched from Rawalpindi to Islamabad Airport

The Rawalpindi District Administration has approved a low-cost shuttle service between Rawalpindi and several parts of Islamabad, along with the Islamabad International Airport. ...

642

Prices of tomatoes, ghee, 22 other items hiked as inflation rate increased by 12.66%

Tomatoes, potatoes, ghee, and 22 other products including mutton, and liquefied petroleum gas (LPG) cylinders have seen price increases across the country,...

692

Kisan Portal launched for farmers to help them adopt new agriculture techniques

Prime Minister Imran Khan has unveiled the ‘Kisan Portal,’ which will offer small farmers in the country a forum to readily bring...

885

FBR received 2.562 million tax returns and collected Rs 48.47 billion with the returns

The Federal Board of Revenue (FBR) has collected Rs 48.47 billion from 2.562 million income tax returns filed through the 15th of...

1.0K

New 400MW green hydrogen production plant expected to be made part of CPEC projects

A new 400 megawatts green hydrogen production plant is expected to be included in the China–Pakistan Economic Corridor (CPEC) projects. Oracle Power,...

1.0K

PM Imran announces Rehmatul-lil-Alameen Authority to portray true image of Islam

Prime Minister Imran Khan on Sunday announced plans to establish a Rehmatul lil Alameen Authority (RAA) to “explain Islam” to the world...

640

Sadiq Sanjrani receives invitation from India’s Lok Sabha Speaker

Sadiq Sanjrani, the Senate’s chairman, has received an invitation from India’s Lok Sabha Speaker Om Birla to join the Public Accounts Committee’s centennial...

709

Nation mourns the death of nuclear scientist Dr Abdul Qadeer Khan

The devastating news of the demise of Pakistan’s notable nuclear scientist Dr Abdul Qadeer Khan has engulfed the entire nation in grief....

1.0K

CPEC power project in Sindh’s Thar Block-II generated 1838 local jobs

Thar Energy Limited (TEL) and ThalNova Power Thar Private Limited (TNPTL) Power Plant Projects at Thar Block-II have provided jobs to 1838...

820

IMF projects current account deficit to jump over $12 billion for FY22

The International Monetary Fund (IMF) has projected the current account deficit of Pakistan to jump over $12 billion for the current fiscal...

650

IMF asks Pakistan to raise tax collection target from Rs 5.8 trillion to Rs 6.3 trillion

The International Monetary Fund (IMF) has recommended Pakistan to increase its annual tax collection target from Rs 5.8 trillion to Rs 6.3...

876

Pakistani rice outlets in Russia increased to 53 to export 150,000 tonnes of rice

Steps taken by the current PTI government to increase the country’s exports have started yielding results as Russia has increased the volume...

537

SHC invites suggestions on how to regulate cryptocurrency in Pakistan

The Sindh High Court (SHC) has requested proposals and views on how to regulate cryptocurrency and authorize its use in Pakistan from the State...

1.6K

$3.5 billion Karachi Coast development plan is latest addition to CPEC projects

Pakistan and China signed a memorandum of understanding for the development of the Karachi Coastal Comprehensive Development Zone during the most recent...