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 […]
The National Savings has set an annual target of Rs 1.742 trillion for the year 2023-24, it is encouraging that 85 percent of the target has been achieved, and it is hoped that National Savings will surpass its annual target this FY 2023-24, the senior official of CDNS told APP on Monday. The CDNS surpassed […]
China has taken an insurmountable lead and now produces twice as many EVs as the US and the EU combined. Unable to compete, President Biden recently quadrupled tariffs on Chinese-made EVs to 100%. Similarly, the EU is deliberating levying 30-50% countervailing duties on Chinese EVs. However, unlike the US, the EU is observing due process […]
According to sources, the Ministry of IT has been allocated Rs 27.43 billion in the development budget, with Rs 6.28 billion for 15 new projects. The government has also proposed allocating Rs 21.15 billion for ongoing projects and Rs 3.5 billion for the Digital Economy initiative. Other notable allocations include Rs 1 billion for innovation […]
