As per the Volcano Discovery at approximately 9:05 pm local time, a significant seismic event occurred near Gilgit, Pakistan, registering a magnitude of 5.2 on the Richter scale. The earthquake, striking at a shallow depth of 25 km (16 mi), reverberated throughout the region, particularly in areas proximate to the epicenter. Shallow earthquakes, such as…
Since the revision of Federal Excise Duty (FED) tobacco products with an increase of more than 200% in FY 22/23, the tobacco sector has swelled to more than 63% of the total volume of cigarettes, resulting in the illicit sector outgrowing the legitimate sector, revealed the data shared by Pakistan Tobacco Company Limited (PTC)’s representatives…
Standard Chartered Bank announced the launch of the sixth edition of the Standard Chartered Karachi United Youth League, a flagship community programme aimed at promoting sports amongst children. The objective of the SC KU Youth League is to provide a platform for football teams from across the underserved areas of Karachi to come together, break…
In the opening match of the ICC Cricket World Cup 2023, New Zealand showcased their dominance as they convincingly defeated England by nine wickets with 82 balls remaining at the Narendra Modi Stadium in Ahmedabad. England, opting to bat first, managed to put up a total of 282/9 in their allotted 50 overs. The inning…
The anticipation is building, the cricketing world is buzzing with excitement, and fans from all corners of the globe are gearing up for the ICC Cricket World Cup. The world’s premier one-day international cricket tournament is set to take center stage, and the big question on everyone’s minds is, “Who are the favourites to win…
Xiaomi today announces the all-new Redmi A2+, a beloved entry-level smartphone bringing the absolute price-to-performance ratio to the mass. Featuring an impressive octa-core processor, Redmi A2+ delivers all the power you need for seamless browsing and multimedia consumption. It also offers a smooth and reliable software experience, ensuring fluidity in daily use. Equipped with an…
As the month of August 2023 begins, the global smartphone brand realme gears up to kick-start the highly anticipated realme Fan Fest. The annual celebration not only marks realme’s significant accomplishments over the year but also serves as a heartfelt thank you to its dedicated fanbase for their unwavering support and loyalty. This year’s Fan…
Inflation has become a growing concern in recent times, affecting various sectors of the economy, including the food industry. One particular food item that has experienced a significant increase in price is homemade chicken biryani. As the cost of ingredients continues to rise, it begs the question: How does homemade chicken biryani prices fare against…
Fashion is not just aout what we wear, but how we wear it. Vogue, the world-renowned fashion magazine, has been a guiding force in the industry for over a century, showcasing the latest trends and styles. But beyond the pages of the magazine, Vogue has also been a platform for promoting inclusivity, diversity, and sustainability…
The Etihad Group recently organized a 2nd Balloting and Early Possession Event for its Etihad Town Phase 2 project (Technically Approved as Arcos Housing Scheme), one of the most prestigious real estate developments in the region. The event took place on Saturday (May 27), and provided an unforgettable evening filled with excitement, esteemed guests, and…
TPL Insurance Limited, a leading non-life insurance provider in Pakistan, today announced its Board of Directors’ approval of a draft Scheme of Arrangement under Section 279 to Section 282 and Section 285 of the Companies Act, 2017. The scheme outlines the acquisition of the assets and liabilities of the Pakistani Branch of New Hampshire Insurance…
Telenor Microfinance Bank (TMB), operator of Pakistan’s leading digital financial services platform, easypaisa, has reported its financial results for Q1 2023, showcasing a strong performance despite challenging economic conditions. TMB’s unaudited financial statements indicate a significant increase in its revenue, with the bank achieving Positive EBTDA during the quarter and Profit after tax for the…
Research conducted by Gallup Pakistan and PRIDE, using data from the Labour Force Survey 2020-21, shows that the overall unemployment rate of youth in Punjab is 6.69%. The overall unemployment rate in the Punjab province is 6.69%, with the unemployment rate of females being substantially higher than males (8.32% vs. 6.06%) and that of urban…
Emaan Islamic Banking, a division of Silk Bank Limited, and TPL Insurance Limited – Window Takaful Operation, have announced the launch of their latest offering, the Emaan All-in-One Account. The account is tailored to cater to the needs of new-to-bank customers and existing Emaan account holders. The Emaan All-in-One Account is the ultimate power bundle…
The Pakistan Meteorological Department has issued a press release predicting rain, dust storms, thunderstorms, and even hailstorms in the upper and central parts of the country from the upcoming weekend. The weather system is expected to be triggered by a westerly wave that is set to enter the upper parts of the country on April…