The World Bank has approved $1 billion to construct the Dasu Dam. This financing will support the expansion of hydropower electricity supply, improve access to socio-economic services for local communities, and build the Water and Power Development Authority’s (WAPDA) capacity to prepare future hydropower projects. DHP is a run-of-river project on the Indus River about […]
The benchmark KSE-100 Index opened with a bullish trend. At 09:27 am, the index gained 200 points before plunging to the lowest level of 72,993.48 points during the intraday trade. During the intraday session, the 100-index experienced a negative trend with a high recorded at 73,909.14 points while the lowest was recorded at 72,982.59 points […]
According to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar in the open market, however, were Rs 277.75 and Rs 280.5 respectively. The price of the Euro decreased by Rs 3.43 to close at Rs 299.52 against the last day’s closing of Rs 302.95, according to the State Bank […]
In a statement, the SBP said the central bank’s Monetary Policy Committee (MPC) had met earlier today and reviewed the current economic developments. The committee noted that underlying inflationary pressures are also subsiding amidst a tight monetary policy stance, supported by fiscal consolidation. At the same time, the MPC highlighted some upside risks to the […]
The robot, a project from the Ministry of Health branch in Madinah province, is positioned in the courtyard next to the Prophet’s Mosque. The service aims to display and broadcast educational messages, guidance, and health instructions for the safety and awareness of pilgrims in over 96 languages from around the world. Meanwhile, the volunteer and […]
The high court in a written decision concluded that abducted poet Ahmed Farhad has been subjected to forced disappearance and institutions failed to recover him. The court directed that Ahmed Farhad after his return to home should record his statement before the Lohi Bher magistrate. The court in its written decision also ordered the Registrar […]
A jeep carrying 23 people from Kail to Taobat plunged into the river when the driver lost control of the vehicle, said police. As a result, all the passengers inside drowned in the river. The bodies were retrieved later by local rescuers, the official added. Eyewitnesses said that the car was swept away by the […]
Sources said that the step has been taken over irregularities in recruitment and promotions in the lower house of the parliament. Sources said that Special Secretary Chaudhary Mubarak has been terminated from his service. The Speaker has also suspended Additional Secretary Yaseen Saleemi after an inquiry sources said. Moreover, 17 officers who were illegally regularized […]
Felicitations to Narendra Modi on taking oath as the Prime Minister of India the prime minister wrote on his X timeline. Modi was sworn in as Indian PM on Sunday for a third term after the BJP-led National Democratic Alliance (NDA) won the general election with 293 seats – a much lower margin than predicted, […]
According to a fresh report by BBC, the increase in IT exports is a result of policy reforms and business-friendly policies introduced by the Special Investment Facilitation Council (SIFC). The report further said the stability of local currency and allowing freelancers to deposit foreign earnings into local bank accounts is the main factor of this […]
