Govt announces Rs10 per litre cut in petrol price on September 16, 2024The government has announced a reduction of Rs10 per litre in petrol prices, following a recent decline in international fuel rates over the past two weeks. According to a statement issued by the Finance Division on Sunday night, “The Oil and Gas Regulatory Authority (Ogra) has calculated the consumer prices of petroleum products based on […]
Contrary to Fears, Overseas Pakistani Remittances Surge by 40 on September 9, 2024 Pakistan’s remittances from overseas workers have recorded a remarkable 40% year-on-year (YoY) increase in August 2024, reaching a total of USD 2.94 billion, according to data from Arif Habib Limited, sourced from the State Bank of Pakistan (SBP). This marks a significant rise from the USD 2.09 billion received in August 2023. Saudi Arabia […]
IMF ‘stops’ Pakistan govt from setting support price for commodities on September 6, 2024The International Monetary Fund (IMF) has imposed a strict condition on Pakistan’s federal and provincial governments as part of its $7 billion bailout package, barring them from setting support prices for key agricultural commodities, including wheat, sugarcane, and cotton. This condition is part of a broader effort to reduce government spending and limit subsidies. The […]
Pakistan extends invitation to India’s commerce minister Piyush Goyal for SCO trade meeting on September 2, 2024Pakistan has officially invited India’s Commerce and Industry Minister, Piyush Goyal, to attend the upcoming SCO Trade Ministers’ Meeting, sources have confirmed. The invitation was delivered through diplomatic channels and is for the meeting scheduled to take place in Islamabad on September 12. The gathering will bring together trade and economic affairs ministers from SCO […]
Khawaja Asif claims that PTI’s interest in negotiations lacks genuine sincerity on September 2, 2024Federal Minister for Defence Khawaja Asif addressed media reports about Pakistan Tehreek-e-Insaf (PTI)’s interest in negotiations on Sunday, asserting that the party’s stated desire for talks lacked sincerity. He criticized PTI founder Imran Khan’s erratic behavior and mentioned that even PTI members had lost faith in him, condemning his egoistic and opportunistic attitude. During an […]
International media raised questions on Imran Khan’s election as Chancellor of Oxford on September 1, 2024On applying for Chancellor of Oxford, another column was written against the founder PTI in the British newspaper Guardian. The British newspaper raised questions on the choice of Oxford University by the founder of PTI. Journalist Kathryn Bennett termed the choice of founder PTI against the traditions and moral values of a university like Oxford. […]
Govt aims to accelerate digitization for socio-economic development: Shaza Fatima on August 29, 2024The government aims to put in place an accelerated digitization ecosystem to enable socio-economic development, expand the knowledge-based economy, and spur economic growth. This was stated by the State Minister for IT and Telecommunication, Shaza Fatima while inaugurating the 2nd edition of ITCN Asia 2024 here on Tuesday. She pointed out the importance of the […]
Pakistan anticipates a $7 billion IMF deal following the agreement from friendly nations for a loan extension on August 7, 2024In addition to the loan extension commitments, the Pakistani government has been actively engaging with various international stakeholders to secure economic stability and growth. These efforts include diplomatic discussions and financial negotiations aimed at easing the country’s debt burden and enhancing its fiscal capacity. The government’s proactive stance has been welcomed by economic analysts, who […]
Karachi to get new industrial zone on August 4, 2024KARACHI: Director General Karachi Development Authority (KDA) Syed Shujaat Hussain said that a new industrial zone will be established in the Surjani area after more than 30 years in Karachi. Speaking as a chief guest at the Federal B Area Association of Trade and Industries (FBATI), he said that the industrial zones will accommodate new […]
Canadian Sikhs in Calgary confront India’s transnational repression with Khalistan Referendum voting on July 29, 2024CALGARY, CANADA: Thousands of Sikhs queued at the Calgary’s iconic Municipal Plaza – opposite the local United States diplomatic mission – to take part in the Khalistan Referendum voting for the creation of an independent state of Khalistan for the Sikh nation. Organsied by the pro-Khalistan Sikhs for Justice (SFJ) group, the voting has been […]