The direct result of climate change by rising temperatures in Pakistan and India is water, food and biodiversity insecurity which may become worst in upcoming years, told environmentalists of the region. An exceptionally high heat wave is hitting two nuclear-armed neighboring countries with temperatures reaching 51 degree Celsius in Pakistan and 49 degree Celsius in…
After setting up the assembly unit in Pakistan, just in a time period of six months, HMD global, the home of Nokia phones has achieved the milestone of production of over one million locally assembled mobile phones. Last year HMD global company has partnered with Techno Pak Electronics (private) Limited in setting up the assembly…
Laraib Atta, visual effects artist and daughter of renowned folk singer Attaullah Khan Esakhelvi, I currently based in London is corresponding to The George Lucas Company. She has worked on various internationally celebrated films, commercials and documentaries including the famous movies like No Time to Die, Fast and Furious Nine, Tenet, Chernobyl and Doctor Strange…
MCB’ Chairman Mian Mohammad Mansha “Pakistan’s biggest problem is not corruption; its incompetence” has hit hard like a bomb in the ongoing economic crisis. This statement could be ignored as naivety of a rich man, except it is getting harder to dismiss these comments every passing day. Even in Urdu literature tradesmen and businessmen are…
A delegation based on 10 members by Auqaf authorities visited Gurdwara Pehli Pat Shahi in Daska. Habibur Rehman Gillani, the evacuee trust board chairman said that the condition of gurdwara is quite shabby which will be demolished and its reconstruction will begin soon. During his visit to Fateh Bhandar village, Prime Minister Shehbaz Sharif took…
After the untimely demise of her father, a young woman from Karachi has taken up the hard task of joining a male-dominating profession of driving an auto-rikshaw to support her family in this era of rising inflation and unemployment. Late Abdul Jameel, a rickshaw driver had no son and he had prepared his youngest daughter…
As reported by UNICEF, the infant morality rate in Pakistan is the worst in the world despite major progress during last few decades. Because of lack of resources and economic situation the rising number of healthcare problems in Pakistan is concerning. Pakistan’s 60 million people live in poverty and have no access to healthcare if…
Veteran Indian actor Naseeruddin Shah, referring to BJP spokesperson’s remarks against prophet Muhammad (P.B.U.H), spoke about the three most popular Khans of Bollywood- Salman Khan, Shahrukh Khan and Amir Khan’s silence over the uproar caused internationally by BJP’s spokesperson Nurpur Sharma’s insulting comments in a television debate. In an interview with NDTV, Naseeruddin Shah spoke…
In the past three months, there have been most extensive changes in the political structure of Pakistan. Obviously, the most wonderful change, in any case, is the remarkable change of the intensely diminishing prevalence of Imran Khan and his party into a libertarian development. In the first week of April, Imran Khan’s popularity was subsiding…
On Friday, in the National Assembly the combined government has introduced the so called ‘progressive’ budget for the Fiscal Year 2022-2023 with an outlay of Rs9.5 trillion in the middle of strict conditions for the revival of $6 billion loan programme stalled for months over violation of policies, by International Monetary Fund (IMF). Finance and…
With a record amount deficit and spiraling inflation everyone had been apprehensively waiting for the budget, to see how the government would proceed in one of the worst time periods in Pakistan’s economic history. The government has put forth the budget policies ranging from controlling deficit to urgency of returning to IMF program and boosting…
Dr Aamir Liaqat Hussain, one of the most controversial, extremely popular TV industry personality and a politician passed away on Thursday. He was the son of politician Sheikh Liaquat Husain born in Karachi in 1972. The multi-talented Aamir Liaquat slipped into many roles throughout his career. He started his career journey as a journalist and…
The “progressive, pro-people and business friendly” budget for the Fiscal Year 2022-2023 approved by present government is all set to be rolled out on June 10, which is also focused on increasing revenues. Few months back the government was more inclined to revive its multi-billion dollar deal with International Monetary Fund (IMF) programme but with…
In order to provide internet services to about 3.3 million people in the un-served and under-served areas of Balochistan, Punjab, Sind and Khyber Pakhtunkhwa (KPK) provinces, the Universal Service Fund (USF)Board has approved the awards of 8 contracts worth over PKR 10 billion through High-Speed Broadband services and Optic Fiber Cable (OFC). These contracts were…
The International Monetary Fund (IMF) has demanded from Pakistan’s government to re-consult the China-Pakistan Economic Corridor (CPEC) energy deals before the payments of 300 billion to the Chinese power plants which has put Islamabad into tight position. These power plants were established under the 1994 and 2002 power policies under the CPEC framework agreement which…
On Thursday, Finance Minister Miftah Ismail, during a press conference held to review government’s economic performance, disclosed Economic Survey 2021-2022 with high expectation that the foreign exchange reserves at State Bank of Pakistan will rise to $12 billion in coming days after the inflow from China is recorded. This statement came a day before the…
As gender diversity has worked well in developing and developed economies around the world, Pakistan may also escalate its economic activities significantly by supporting women to play their role in management and labour in businesses. The participation of women stands at 21% in Pakistan’s economy as compared to men as 79%. At “Employer of Choice”…
Special Technology Zones (STZs), Systems Limited and Special Technology Zones Authority (STZA) have signed a contract to promote licensed domestic and global technologies companies for the development and implementation of the One Window Portal System. The signing ceremony took place in presence of Chairman FBR Asim Ahmad, senior representatives from both organisations as well as…
On June 8, Wednesday, in Singapore the oil prices have increased predicting a report of low U.S oil stocks while the demand would be high in upcoming driving season. Analysts expect data for last week to show another downfall in U.S crude inventories with the chances of distillate and gasoline stocks rising higher. OANDA analyst…
The World Bank on Tuesday has warned that due to Russian invasion in Ukraine has worsened the damage from Covi-19 pandemic and marked down its global growth forecast by nearly a third to 2.9% for 2022.The World Bank said in its Global Economic prospects report that the war in Ukraine has maximized the slowdown in…
Goldman Sachs has increased its Brent oil price for the second half of the year 2022 and first half of year 2023 by $10 to $135 a barrel reasoning that a structural supply deficit was still unresolved. Analyst at the ban reported on June 6 that prices would need to be increased for supply to…
The International Monetary Fund (IMF) has strictly demanded to end income tax exemptions in the upcoming budget. A government official on terms of remaining anonymous has told that no such proposal was under consideration. Sources have revealed that the government would increase tax on income earned through online gaming and social media applications including popular…
Forex Association of Pakistan data showed that on Tuesday, for the first time in the history Pakistani rupee broke all records by surpassing 205 threshold against US dollar after shedding RS 4 in the open market. The graph kept on falling downwards dropping to an all-time low of Rs202.75 in the interbank market during full…
It came forward on Monday that due to lack of any effective method at city’s entry points to separate any diseased animals, cattle affected with Lumpy Skin Disease (LSD) were brought to livestock market of Karachi just before Eid ul Azha. Sources confirm that contractors hired by government had been collecting money from traders in…
On Tuesday, British Airways without any detailed explanation declared a temporary suspension of direct flights between Islamabad Internal Airport and London Heathrow Airport due to “operational reasons”. According to Pakistan Civil Aviation Authority (PCAA) statement, the services of United Kingdom’s airline will remain suspended from June 15 to June 30. However, the reports of press…
After condemning against highly disrespectful remarks against our Prophet Muhammad (P.B.U.H) by two senior officials of Indian Ruling Party BJP, Pakistan has issued a strong demarche over blasphemy to the Indian Charge d’Affaires in Islamabad. The Ministry of Foreign Affairs (MOFA) issued a statement that these remarks are totally unacceptable and have not only deeply…
The government of Pakistan is steadily gliding towards International Monetary Fund (IMF) programme for which preconditions are already being met. Recently, just within a time span of one week the discount rate has been increased by 150 basis points to 13.75% while petrol price has hiked to Rs60 per liter. These are just the initial…
Telenor Pakistan has notified the launch of its Super Inter Programme 2022 for students and graduates to have direct professional experience as they begin their professional journey. This six week internship programme with enriched experience of working at Telenor Pakistan will prepare the students for corporate sector and other professional endeavors. During Covid-19 pandemic, the…
United Nations has agreed to change the name of Turkey into ‘Turkiye’. President Erdogon started the campaign for changing the name last year. Turkey’s cosmopolitan capital has requested all other countries and all other respective departments to use this new name ‘Turkiye’. Stephen Jerk, a representative of United Nations has stated that the changed name…
The globally known smartphone brand Vivo, recently launched its VIVO X80 device in the X series. The brand also declared campaign named ‘Stories. Redefined.’ along with the launch of this latest smartphone where it collaborated with filmmaker to produce the the of storytelling on screen through the smartphone. The company also invited people across Pakistan…