Good news coming from the Pakistan Stock Exchange (PSX) as it rises above 49,000 points in the early hours of Thursday. The KSE-100 index managed to gain 578.13 points as compared to yesterday’s closing points of 48,764.55 and reached 49,342.68 points today morning. Arif Habib Corporation took to Twitter and mentioned that the KSE-100 index […]
Despite the government’s attempts to regulate sugar prices and prevent them from becoming unaffordable for the common people, the cost of sugar has already risen significantly. It is currently being sold at Rs. 160 per kg in retail, which is a substantial increase from Rs. 98 per kg in mid-April, marking a rise of over […]
In today’s digital age, internet services have become an integral part of our daily lives, transforming how we connect and engage with the world. This article is being written to raise awareness among general internet users about the importance of selecting the service provider, requesting internet invoices and receipts, verifying taxes on these invoices, and […]
The Ministry of Finance provided a positive outlook on inflation for July 2023, forecasting a decrease compared to June 2023. The recent reduction in administered prices of petrol and diesel is expected to result in lower domestic prices for essential items, as transportation costs are impacted. Moreover, declining international commodity prices are anticipated to counteract […]
The Ministry of National Food Security and Research has successfully resolved a long-pending issue of market access to China. After 12 years of waiting, Pakistani exporters can now export cherries to China from registered orchards and packhouses under the Department of Plant Protection (DPP). This breakthrough came after the General Administration of Customs China (GACC) […]
In a bid to comply with IMF conditions, the federal cabinet has given the green light to yet another substantial electricity price hike. This decision has come as a powerful shock to the masses, who are already struggling with the impact of inflation. According to the newly approved tariff structure, the cost per unit of […]
In a National Assembly session on Thursday, the foreign affairs ministry revealed that more than 12,000 Pakistanis are jailed abroad for commiting different crimes. According to the details, most of these people are imprisoned in Arab countries including 6,200 Pakistanis in the jails of Saudi Arabia and the United Arab Emirates. Of these Pakistani citizens, […]
The Export-Import (Exim) Bank of China has taken a significant step to bolster Pakistan’s dwindling reserves by refinancing over $600 million to the State Bank of Pakistan (SBP). This move comes as a positive development in the country’s efforts to strengthen its central bank’s holdings. Prime Minister Shehbaz Sharif made the announcement during an event […]
The temperature in a China’s northwest remote town crossed more than 52 Celsius (126 Fahrenheit) on Sunday as reported by the state media. This news made it to headlines across the globe because just six months ago, China was facing minus 50°C temperature. The temperature in Sanbao, Xinjiang’s Turpan Depression is likely to remain the […]
Image: Pakistan Today Rana Tanveer, Federal Education Minister, while attending the stone-laying ceremony of Allama Iqbal Open University (AIOU) in Sheikhupura said that his government has been planning to make education accessible to 20 million out-of-school children in Pakistan. He said, “Education has always been our priority.” He further said that the Vice Chancellor of […]
How many Pakistanis have left the country during current government?
More than 1.2 million young people have left Pakistan for a better future Image: Wego Travel Blog It seems like that the only objective driving the lives of Pakistani youth is going abroad in search of better opportunities. According to the official data, more than 400,000 highly qualified young Pakistanis have left the country during […]
The recent inflation has affected everyone including the business community and corporations who are now opting for mass-commute services to save costs. Realizing the potential opportunity here, leading ride-hailing service Careem has decided to launch custom-made commute solutions for organizations. Muhammad Imran Saleem, General Manager of Careem Pakistan told a local newspaper, “Given the increasing […]
On Wednesday, the price of gold in Pakistan experienced a slight dip, closing at Rs. 204,000 per tola, according to data released by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA). The price of 24-carat gold decreased by Rs. 500 per tola, reaching Rs. 204,000, while the price of 10 grams fell by Rs. 429, […]
Image: Ticketwala.pk The federal government of Pakistan has launched a new initiative in which Twenty-two thousand Scooties will be offered to women at discounted prices. The program “Prime Minister’s Women on Wheels” will give these scooties to women across Pakistan who are working or studying. The initiative is aimed at making women independent in terms […]
The second quarter of 2023 has not been kind to the startup ecosystem of Pakistan as the funding have significantly decreased. According to Data Darbar, the funding have reduced by 95% as compared to the previous year and shows a drop of 77.5% as compared to the previous quarter. The current startup funding in Pakistan […]
In a recent meeting chaired by Punjab Caretaker Chief Minister (CM) Mohsin Naqvi, plans were made to revitalize and expand the revered saints’ shrines. A significant step towards this goal includes the establishment of an online donation portal to facilitate contributions. The Punjab Information Technology Board (PITB) has been tasked with developing the portal, which […]
British Airline Virgin Atlantic announced to suspend its operations in Pakistan on Sunday. The airline started operations in Pakistan in 2020 from Islamabad International Airport and was offering seven weekly flights initially. Later on, it was reduced to three flights per week to London’s Heathrow Airport. Virgin Atlantic was flying between London, Lahore and Islamabad. […]
A nationwide campaign has been initiated by the salaried class to protest against the heavy taxation imposed on salaried individuals through the Finance Act of 2023. The campaign, organized under the name “Save the Salaried Class,” aims to address the concerns raised by the salaried individuals regarding the recent implementation of additional direct taxation measures. […]
The State Bank of Pakistan (SBP) is preparing for the upcoming pilot launch of a digital currency in the coming months. Deputy Governor of SBP, Sima Kamil, revealed that after completing the necessary groundwork, the pilot launch of Pakistan’s first digital currency will take place within the next two months. The Arab News reported Kamil’s […]
