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Karachi: Bad news for those driving without licenses in Karachi, as police have decided to take strict action against them starting January. According to details, IG Sindh Ghulam Nabi Memon announced the launch of a traffic awareness campaign by Sindh Police. During a press conference in Karachi, he stated that not having a driving license …
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H.E. Cemal Sangu, Consul General of Türkiye, emphasized the need for strong efforts by both Türkiye and Pakistan’s private sectors to increase bilateral trade and investment. He was speaking at a meeting with a delegation from the Employers Federation of Pakistan (EFP) at the Turkish Consulate General. Mr. Sangu stressed the importance of taking pragmatic …
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Karachi: Sheikh Omar Rehan, Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA), has urged Malaysia to reduce its export duty on palm oil. This reduction is expected to boost trade between the two countries and benefit the palm oil import sector in Pakistan. The proposal was made during a meeting between PVMA members and Malaysia’s …
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Karachi: In the first five months of the current fiscal year, foreign investors increased their repatriation of profits and dividends by a significant 112%. This surge reflects improved economic conditions and growing investor confidence in Pakistan. According to the State Bank of Pakistan, foreign investors sent back $1.129 billion in profits and dividends from July …
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Karachi: The Karachi Chamber of Commerce and Industry (KCCI) President, Javed Balwani, has strongly opposed the Oil and Gas Regulatory Authority (OGRA)’s proposal to raise gas tariff for Sui Southern Gas Company Limited (SSGC). He criticized the move as unjust, arguing it would add to the burden on industries and the public already grappling with …
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Karachi: Emirates, the world’s largest international airline, has introduced a new travel store in Karachi. This marks the airline as the first in Western Asia to bring the experiential retail concept to the region. The store spans 183 square meters and is located in the prominent Sky Tower on Abdul Sattar Edhi Avenue, Clifton. It offers …
Meezan Bank has refunded at least ten customers who fell victim to unauthorized debit card transactions following a reported data breach. These incidents surfaced amid concerns of a potential third-party compromise. The bank clarified that its internal systems remain secure. It attributed the issue to customers sharing their card details on unsecured websites or apps …
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Gold prices in the local bullion market saw a notable decline on Thursday. The price of one tola gold dropped by Rs. 2,600. It now stands at Rs. 273,600. The price of 10 grams of gold also decreased by Rs. 2,229. It is now priced at Rs. 234,311. The international gold market also reported a …
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Actor Feroze Khan’s mother revealed in a special vlog that her family faced repeated incidents of black magic. The vlog, featuring Feroze and his mother, has gone viral on social media. She disclosed that several unusual objects were discovered in their house. These included lemons pierced with needles, dolls with pins, and numerous amulets. She …
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Islamabad: Finance Minister Muhammad Aurangzeb presented the Tax Law Amendment Bill 2024-25 in the National Assembly. The bill aims to impose stricter rules on non-filers. The proposed amendments ban non-filers from buying vehicles above 800cc. They can only purchase motorcycles, rickshaws, and tractors. This move seeks to limit high-value transactions by those outside the tax …
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Defense Minister Khawaja Muhammad Asif stated that Pakistan would not need the International Monetary Fund (IMF) if half the country’s corruption ended. He made this statement while addressing the Sialkot Chamber of Commerce. Khawaja Asif assured the industrial community that he understands their challenges. He acknowledged that the country is in a tough economic phase. …
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Finance Minister Muhammad Aurangzeb said on Wednesday that the foundation for macroeconomic stability has been established. He cited improvements in key indicators such as a surplus current account, rising remittances, increasing exports, and higher foreign exchange reserves. Inflation has also dropped to its lowest level in six years. Policies Drive Sustainable Growth Speaking at the …
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The Indian rupee hit a record low on Wednesday. It fell to 84.9550 against the U.S. dollar before closing at 84.9525, down 0.07%. Strong dollar demand from importers and outflows from local equities added pressure. Weakness in regional currencies further weighed on the rupee. This trend came ahead of the U.S. Federal Reserve’s policy decision. …
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Milk is a staple in many diets around the world, known for its nutritional benefits, including calcium, protein, and vitamins. However, not all foods pair well with milk. Certain combinations can hinder digestion, lead to discomfort, or even have adverse effects on your health. Here’s a guide to the foods you should avoid combining with …
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The Pakistan Stock Exchange (PSX) experienced a historic downturn on Wednesday. Intense selling pressure led to a sharp drop in the KSE-100 Index. During the trading session, the index plunged by 3,964 points. By the end of the day, the market lost three psychological levels, closing at 111,070 points. Market Capitalization Shrinks by Rs. 437 …
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Indian model and actress Sherlyn Chopra recently opened up about her disastrous cosmetic surgery. She revealed that after the procedure, her face looked like that of an alien. Chopra became emotional while discussing her experience on an Indian talk show, sharing the struggles she faced after the surgery. The Surgery That Went Wrong Sherlyn Chopra …
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Islamabad: Pakistan’s public sector companies have earned a remarkable profit of 102 billion rupees in the first half of the last fiscal year. This achievement comes with the support of the Special Investment Facilitation Council (SIFC). The performance reflects a solid improvement in the financial stability of government institutions. Increase in Revenue According to reports, …
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What began as simple digital bulletin boards like Orkut, where “scraps” were the highlight of online interaction, has now evolved into dynamic platforms like TikTok, driving global trends in real time. From personalized MySpace playlists to the polished Instagram grids and viral TikTok challenges, each phase of this journey reflects the rapid pace of technological …
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Barcelona: Hutchison Ports BEST has achieved two major milestones to enhance its operations and strengthen its position in the global port industry. The first of seven new automated blocks is now operational. Once all blocks are completed by early 2025, the terminal’s yard-storage capacity will increase by 25%. This upgrade will allow the terminal to handle …
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Karachi: Spotify brought the magic of music to life at its much-anticipated Wrapped 2024 celebration in Karachi. The colorful evening honored the year’s top artists, songs, and listeners. Music lovers, influencers, and local artists gathered to enjoy the spectacle. The event opened with DJ SIDD’s electrifying performance. His dynamic beats kept the energy alive. Annural …
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Karachi: Pakistan’s economy showed a positive trend in November 2024. The State Bank of Pakistan reported a current account surplus of $729 million. This is the highest surplus since February 2015. Highest Surplus in Nine Years The current account surplus marks a significant milestone for the country. The last time Pakistan recorded a surplus this …
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KARACHI: Pakistan’s crippling debt crisis has sparked intense debate among experts. While some advocate default and restructuring, others back the International Monetary Fund’s (IMF) strict austerity program. However, both approaches are flawed, say financial analysts. Instead, they propose a third way to steer the country out of its debt spiral. Rising Debt and Crushing Repayments …
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The Pakistan Stock Exchange (PSX) saw a strong start to the week, with the 100-index reaching a historic high of 116,169 points on Monday. The day marked a significant achievement, reflecting the continued investor confidence in the market. Steady Growth on Tuesday On Tuesday, the positive trend persisted. The market opened with a 766-point increase, …
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