ECC Approves Rs3.7 Billion Restructuring Plan for PRAL

The Economic Coordination Committee (ECC) has approved a comprehensive restructuring plan for Pakistan Revenue Automation Limited (PRAL). The committee has allocated Rs3.7 billion for the fiscal year 2024-25, with an additional Rs4.5 billion proposed for the next financial year, contingent on the entity’s performance evaluation. PRAL, a key IT subsidiary of the Federal Board of …

Azerbaijan Airlines Passenger Recites Kalima Shahadah in Final Moments Before Plane Crash

A haunting video capturing the Azerbaijan Airlines plane crash has gone viral on social media. The footage shows a passenger reciting the Kalima Shahadah (Testimony of Faith) during the aircraft’s final moments, leaving viewers deeply moved. Video Shows Last Moments Before the Crash The viral video, recorded by a passenger onboard, captures the harrowing scene …

Sindh Struggles with Escalating Dog Bite Cases in 2024

Sindh faced a growing public health crisis in 2024, with over 300,000 people injured in stray dog bite cases across the province. Citizens are demanding swift action from authorities to control the stray dog population and ensure the availability of anti-rabies vaccines, as cases continue to rise at alarming rates. Alarming Statistics on Dog Bites …

Renowned Novelist Bapsi Sidhwa Passes Away at 86

Bapsi Sidhwa, one of Pakistan’s most acclaimed English-language authors, passed away on December 25 in Houston, Texas, at the age of 86. Celebrated for her literary works that explored cultural identities and historical upheavals, Sidhwa’s novels, such as Ice-Candy Man and The Crow Eaters, remain iconic contributions to South Asian literature. Early Life and Influences …

Hania Aamir Addresses Abrupt Dallas Exit, Citing Verbal Abuse

Pakistani actor Hania Aamir revealed the shocking reason behind her abrupt exit from a Dallas meet-and-greet, citing verbal abuse as the catalyst. In an Instagram story, Aamir explained that an event organizer verbally assaulted her manager, Maida Azmat, leading to an unfortunate and premature end to the event. Despite the disappointment caused to her fans, …

Kamal Adwan Hospital: Palestinians Struggle to Retrieve Bodies

In northern Gaza, the dire situation around Kamal Adwan Hospital reflects the escalating humanitarian crisis. Israeli forces have intensified their assaults, leaving civilians unable to recover the bodies of loved ones killed near the hospital. The region continues to witness daily tragedies, with residents facing insurmountable challenges in burying the deceased. A Night of Devastation …

SECP Shuts Down Crescent Star’s Guarantee Business Over Regulatory Violations

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has ceased the guarantee business of Crescent Star Insurance Limited. The action, taken under Section 60 of the Insurance Ordinance, 2000, follows violations involving guarantees worth Rs. 229 billion issued without requisite collateral or valid reinsurance arrangements. Crescent Star failed to meet the regulatory requirements necessary …

Pakistan’s Foreign Reserves Fall to $16.37 Billion

Pakistan’s liquid foreign reserves dropped to $16.37 billion as of December 20, 2024. The State Bank of Pakistan (SBP) reported a decline of $228 million in its reserves during the week. The SBP holds $11.85 billion of the total reserves. Commercial banks hold $4.52 billion. Combined, the total liquid foreign reserves amount to $16.37 billion. …

Pakistan Sets New Milestone at Heimtextil 2025 with Record Participation

Pakistan is set to make history at Heimtextil 2025, the world’s largest home textile exhibition. Over 270 exhibitors will represent the country in Frankfurt, Germany, from January 14th to 17th. This marks Pakistan’s largest-ever delegation to the event, highlighting its textile prowess. Pakistan Pavilion to Attract Global Buyers The Trade Development Authority of Pakistan (TDAP) …

Bushra Bibi Granted Interim Bail in Violent Protest Cases

Bushra Bibi, wife of PTI founder Imran Khan, has been granted interim bail in cases linked to last month’s protests. An Islamabad district and sessions court approved her bail until January 13, 2025, against bonds of Rs50,000. The protests, which erupted on November 24, resulted in violent clashes between PTI supporters and security forces, leaving …

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