A meeting of the Senate Standing Committee on Finance and Revenue was held under the chairmanship of Senator Saleem Mandviwalla at Parliament House today, where the committee took stock of the prevalent divergence of remittances into informal (undocum…
The Export Import Bank of Pakistan (EXIM Bank), which started its formal operations in October last year, is still without a board of directors.EXIM Bank’s CEO and President Syed Irfan Bukhari informed the Senate Committee on Finance and Revenue that …
Pakistan’s export receipts to major countries, including US, China, and UK dropped during the financial year 2023 (FY23) which affected the overall export earnings of the country.According to the State Bank of Pakistan (SBP), the cumulative decline of…
Panic ensued as a massive fire erupted in Park Towers, a prominent multi-storey residential building situated in the upscale F-10 sector of Islamabad.The fire is suspected to have originated from a kitchen explosion on the 6th floor of the building.#B…
Pakistan Meteorological Department (PMD) issued a warning on Thursday, stating that heavy rainfall may lead to urban flooding in low-lying areas of Islamabad, Rawalpindi, and several other major cities from July 20th to 22nd.According to the weather r…
The Pakistan Telecommunication Authority (PTA) has completed the Show Cause Notice (SCN) hearing against Telenor over poor service in Chitral.According to the written reply to the National Assembly forum, the PTA earlier initiated legal action against…
Due to security reasons, Sindh Government has banned pillion riding on motorcycles on the 9th and 10th of Muharram (Friday, July 28, and Saturday, July 29). The Sindh Home Department has issued a notification regarding the ban in all provincial distri…
The Securities and Exchange Commission of Pakistan (SECP) registered 27,746 new companies in the fiscal year 2022-23 (FY23).This shows an increase of around 5 percent as compared to the previous fiscal year. The total number of registered companies no…
Foreign Minister of Ukraine Dmytro Kuleba is arriving in Islamabad today on a two-day official visit to Pakistan.During the visit, he will call on Prime Minister Shehbaz Sharif and hold detailed talks with Foreign Minister Bilawal Bhutto Zardari.The v…
The Round II of the Prime Minister’s National Innovation Award (PMNIA) started on Thursday to feature a series of transformative activities aimed at nurturing innovation and entrepreneurship among Pakistan’s brightest minds.The first step after shortl…
