According to the data released by the SBP, total liquid foreign reserves held by the country stood at $13.15 billion. Net foreign reserves held by commercial banks stood at $5.24 billion. The central bank did not specify a reason for the increase in the reserves. During the week ended on 08-Mar-2024, SBP’s reserves increased by […]
A large explosion that rocked a Federal Bureau of Investigation (FBI) training center in Irvine, California on Wednesday during training resulted in at least 16 injuries, according to American media. Just before 1:00 PM, an explosion reverberated across Irvine’s Jerry Crowe Regional Tactical Training Facility, according to KTLA5, which cited the Orange County Sheriff’s Department […]
The Pakistani automaker Indus Motor Company, which is well-known for building Toyota vehicles, has revealed a large price cut for their array of Yaris sedans. The savings on a variety of models vary from Rs73,000 to Rs133,000. For example, the price of the 1.3 MT LO, 1.3 CVT LO, and 1.3 MT Hi versions has […]
China is currently leading the way in global sustainable development as a producer and investor in green technology and finance. Its development model always emphasizes shared growth, which, if we fully participate in, could benefit not only Pakistan but the entire South Asian region. The Sustainable Development Policy Institute’s (SDPI) deputy executive director, Dr. Sajid […]
The movement in petroleum product prices has shown a mixed trend where the price of petrol has increased whereas rates of other products have gone down. Estimates of oil marketing companies, based on current tax rates, reveal slight changes in prices of all four petroleum products due to a high premium on petrol and an […]
Despite having a strong mechanism in place to prevent misprinting, Pakistan central bank has not ruled out the possibility of having issued misprinted banknotes worth Rs. 1,000 to commercial banks, which then reached citizens and entered the national currency. A State Bank of Pakistan (SBP) representative on Wednesday that commercial banks and private customers who […]
The Khyber Pakhtunkhwa government has a plan to put up solar street lights in the city and its nearby areas. They estimate it will cost around Rs100 million. Kamal Saleem Swati, the deputy president of Pakistan Tehreek-e-Insaf in Khyber Pakhtunkhwa, talked about this in a meeting with village and neighborhood council chairmen. He said they […]
Casting their net off their boat as usual at Keti Bandar, Hanif Katiyar and his crew were ecstatic to pull in at least 300 croaker fish. The Ibrahim Haydari Coastal Media Center’s spokesman, Kamal Shah, claims that fisherman have captured over 300 unique types of croaker fish from the open sea close to Keti Bandar, […]
Nita Ambani, the wife of billionaire Mukesh Ambani, previously disclosed that she continued to work after being married to Asia’s wealthiest person, despite only receiving INR800 a month for her labor. Recently, a previously unreleased video of the Ambanis’ chat with Indian talk show presenter and actress Simi Garewal surfaced. In it, Nita said that […]
The filings submitted to the stock exchange indicate that Sui Southern Gas Company Limited (SSGC) incurred more losses during the first half of 2023. Compared to the same time previous year, their losses rose to PKR 9.3 billion from PKR 1.9 billion. This year’s first half saw a total loss for the firm of PKR […]