Escorts Investment Bank has terminated the sale-purchase deal with the interested acquirers of the shareholders in the bank — Syed Sabur Rehman (Chairman, Progressive Group) and JR Dallas Wealth Management.According to a stock filing, the bank’s major …
The National Assembly Standing Committee on Finance has postponed making the amendments proposed to the Fiscal Responsibility & Debt Limitation Act, 2021 for an increase in the public debt limit from 60 to 70 percent of GDP [Gross Domestic Product]…
The Ignite Board has appointed Syed Hussnain Abbas Kazmi as the Chairman of the Board of Directors Ignite.Kazmi is currently serving as CEO of the National Information Technology Board, Ministry of IT and Telecommunications, since July 2021. He is also…
Pakistan Telecommunication Authority (PTA) has decided against immediately blocking the cryptocurrency websites in Pakistan, and has sought official comments of the Ministry of Information Technology and Telecommunication on the matter.Source: Pro Paki…
The National Price Monitoring Committee (NPMC) Monday observed a hike in the price of milk in Sindh and directed the provincial authorities to take appropriate measures to ensure stability in the price of milk.Economic Adviser, Finance Division, briefe…
As a fascinating discovery in the Islamic symbology and cultural sciences, markings apparently forming the Arabic phrase “Bismillah [in the name of Allah]”, were found on a marble slab in Turkey’s Mediterranean province of Antalya, reported AB Newswire…
Federal Minister for Energy Hammad Azhar Monday encouraged German development agency GIZ to undertake pilot projects based on biofuels and renewable energy sources in Pakistan.A high-level delegation of Germany led by State Secretary Jochen Falsbarth h…
The Islamabad Traffic Police (ITP) has stepped up its enforcement of traffic laws, with emphasis on lane violations by motorcyclists, underage riders, seat belt violations, and disregard of parking rules.Following the special directives of the Inspecto…
Germany has agreed to provide Pakistan €448.5 million funding for projects in different sectors including vocational training, health, social protection, urban infrastructure, climate change, and renewable energy.This was revealed by State Secretary of…
The Pakistani Rupee (PKR) reversed gains against the US Dollar (USD) and posted losses in the interbank market today. It lost 76 paisas against the greenback after hitting an intra-day high of Rs. 174.50 against the USD during today’s open market sessi…
