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State Bank of Pakistan (SBP) and the International Monetary Fund (IMF) held a round of talks to discuss the possibility of increasing foreign exchange reserves and tightening monetary policy by the end of June 2023. The country’s foreign exchange reserves held by the State Bank currently stand at $3.1 billion, after an increase of $276 …
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US State Department Counselor Derek Chollet expressed concerns about debt owed to China by Pakistan and other countries during his visit to Islamabad. Pakistan, which has been historically close to Washington, has turned to China for support as it grapples with a severe economic crisis, marked by soaring inflation and critically low foreign exchange reserves. …
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The Lahore Capital City Police Officer (CCPO) Ghulam Mahmood Dogar has been reinstated by the Supreme Court of Pakistan after it suspended a notification issued by the Punjab interim government to transfer him. This decision was made following a hearing on a petition against Dogar’s transfer, during which the Election Commission of Pakistan (ECP) secretary …
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Thar Million Trees Program was initiated in 2017 to convert the desert of Thar into a desert garden with lots of trees and greenery to protect the environment. The program was created by Thar Block II integrated mine-power project that aims to develop the area of Thar into a beautiful space. The Million Trees program …
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Businesses have suffered immensely in recent times due to high inflation rates, war, and the ever-changing situation of the world. Many automobile industries in Pakistan have reduced, postponed, or delayed their production and plants due to the non-availability of raw materials. Pak Suzuki Motor Company Limited, another major automobile company has decided to increase its …
Continue reading “Pak Suzuki Decides to Increase Car Prices”
On Monday morning, a power outage hit major cities in Pakistani including Karachi and Lahore for more than 27 hours because of frequency variation in the national grid system. However, Energy Minister suggests that most of the power has been restored and will be restored quickly due to the efforts of the government and technical …
Continue reading “Karachi to Hit by Water Shortage After Electricity Breakdown”
Pakistani cricketers are getting married one by one this year. After Haris Rauf, Shan Masood, and Shaheen Shah Afridi, now it is time for people’s favorite player, Shadab Khan. The announcement came as a surprise to everyone because there was not a single glimpse or detail was revealed to the public before the event took …
A power outage hit Pakistan out of nowhere on Monday morning around 7 am plunging the whole country into darkness, especially across Karachi, Lahore, and Baluchistan areas. This electricity shutdown affected more than 220 million residents of Pakistan who struggled with everyday activities. The electricity shutdown triggered a shortage of water, and due to winter, …
Continue reading “Power Restoration Underway in Darkened Pakistan”
During his premiership, former prime minister, Nawaz Sharif introduced the laptop scheme in higher education according to which students will get access to good laptops. After Nawaz Sharif, former prime minister, Imran Khan discontinued this scheme to save resources and spend according to budget. Now, Prime minister Shahbaz Sharif has decided to launch this scheme …
KARACHI: Sindh Minister for Industries and Cooperatives Jam Ikramullah Dharejo has issued orders to the Secretary Industries to prepare a summary of 1 billion rupees for the development works of the Korangi Industrial Area. Speaking at the Korangi Association of Trade and Industry (KATI), the provincial minister said that 5 billion rupees were approved by …
The Pakistani drama and film industry is going through an exchange of legal notices between celebrities, as popular actress, Sarwat Gilani threatens actor Feroze Khan to take legal action against him. Khuda or Mohabbat actor, Feroze Khan had a rather ugly divorce in the public eye as his ex-wife, Aliza Sultan accused him of physical …
Continue reading “Sarwat Gilani and Celebrities to Take Legal Action Against Feroze Khan”
Pakistan Tehreek e Insaaf (PTI) chairman, Imran Khan has announced his upcoming decisions. A few days ago, Imran Khan mentioned in an interview that he will give sleepless nights to Prime Minister Shahbaz Sharif and that he will take decisions to achieve this plan. Now Imran Khan has announced that he will be taking his …
Continue reading “Imran Khan to Hold Protest Against Government”
National Assembly speaker, Raja Parvez Ashraf has accepted the resignations of 35 lawmakers of Pakistan Tehreek e Insaaf. 123 lawmakers of PTI filed their resignations from the lower house of parliament in the National Assembly after the ouster of former prime minister, Imran Khan in April last year. However; recently, Imran Khan announced that he …
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Reko Diq is the world’s largest undeveloped mine of copper and gold which is located in the Chaghai District in Baluchistan, Pakistan. It is the largest mine in the world because it has estimated reserves of 5.4 billion tonnes of copper and gold ore. However, a dispute case stopped the development of this project. The …
Continue reading “Reko Diq Project to Start Production by 2028”
After a long delay, finally, the local body elections happened in Sindh on the 15th of January as scheduled by the Election Commission of Pakistan. The results of the elections were delayed for 29 hours after which the election commission announced the results which surprised everyone. Peoples Party (PPP) won 94 seats in Karachi, Jamat …
Continue reading “Hafiz Naeem ur Rehman Statement After Elections”
The most talked about event in Pakistan for quite some time was the local body elections that took place on the 15th of January, and the results surprised everyone. Peoples Party (PPP) dominated most of the polls in Hyderabad but Jamat e Islami (JI) challenged them and gave them tough competition in Karachi. PPP surprised …
Senior lawyer Latif Afridi was shot dead outside Peshawar High court as the gunman fired several bullets. The gunman was disguised as a lawyer. Along with being a lawyer, Latif Afridi was the former president of the Supreme Court Bar Association. Police revealed that the gunman was dressed as a lawyer and opened fire outside …
Pakistani politics is going through a complicated phase and political parties are discussing economic and political matters in depth. Today, the leader of the Pakistan Muslim League Quaid (PML-Q), Chaudhry Shuja’at Hussain met the Chairman of the Pakistan Peoples Party (PPP), Asif Ali Zardari to discuss matters regarding the economy, politics, and the next step …
The Election Commission of Pakistan has decided to expel Pakistan Tehreek e Insaaf’s MPA, Firdaus Shamim Naqvi. Local body elections took place on Sunday in 16 districts of Karachi and Hyderabad during which footage surfaced on the internet of Firdaus Shamim Naqvi allegedly breaking the seal of the ballot box in the polling station of …
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Local body elections are happening after a long delay in 16 districts of Karachi and Hyderabad. This is the second phase of elections. Muttahida Qaumi Movement (MQM), Pak Sar Zameen Party (PSP), and the Sindh government all tried to postpone the local body elections. The Sindh government pleaded several times to the Election Commission of …
The whole northern region of Pakistan has turned white because of constant snowfall for three days and the temperature dropped to -8 degrees centigrade freezing almost everything. Neelam Valley, Leepa Valley, and Skardu are all completely covered with snow. The scenes look beautiful as everything is icy white but it has caused many problems for …
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Muttahida Qaumi Movement (MQM) and Pak Sar Zameen Party (PSP) decides to boycott elections after a series of meetings. Earlier this week, MQM made an announcement about PSP joining them in these elections for the people of Karachi and their rights. Late at night on Saturday, MQM held a meeting with all the officials from …
Karachi Eat which is one of the most anticipated food festivals in Karachi ended on a disastrous note because of all the ruckus and harassment that took place at the event. Families along with their ladies went to the Karachi eat festival where some unknown people gatecrashed and ruined the party for everyone. These unknown …
Continue reading “Ali Tariq to Hold Gig After Karachi Eat Disastrous End”
