Moody Investors Service improved Pakistan’s banking sector outlook from “negative” to “stable,” noting a reduction in macroeconomic problems and strain on the country’s budget. The agency emphasized in its assessment that banks’ strong profitability and steady funding served as a safeguard against the nation’s political unpredictability and macroeconomic difficulties. According to the estimate, Pakistan’s GDP […]
Prime Minister Shehbaz Sharif responded tactfully on Thursday, expressing gratitude to Indian Prime Minister Narendra Modi for his congrats on his election as the nation’s leader in a modest post on X. Shehbaz posted on his official X account, “Thank you @narendramodi for your felicitations on my election as the Prime Minister of Pakistan.” Thank […]
China demanded an urgent ceasefire on Thursday, calling the fighting in Gaza a “disgrace to civilisation” as it entered its sixth month, despite efforts by mediators to bring about a truce. In light of the crescent moon sighting, US President Joe Biden has encouraged Hamas to agree to a ceasefire arrangement with Israel before Ramadan […]
21 persons were rescued by the Indian navy on Thursday after it “swiftly” responded to a marine situation in the Gulf of Aden. The crew of the Barbados-flagged bulk carrier MV True Confidence was forced to flee the ship after it was allegedly “hit by a drone/missile” on Wednesday in the southwest of Aden, causing […]
Indus Motor Company Limited, the company that produces Toyota and Daihatsu cars in Pakistan, has informed its investors about a temporary shutdown of its production plant. The reason behind this decision is the shortage of cars available for sale and the depletion of essential parts required for car manufacturing. The company is facing challenges in […]
With Ramadan about to begin on March 12, Muslims throughout the world observe different fasting periods during this holy month. Muslims refrain from eating and drinking from sunrise to sunset throughout this holy month, however the exact duration of the fast varies greatly from nation to nation. The average fasting period is between 10 and […]
Indian Prime Minister Narendra Modi recently celebrated the opening of India’s first under-river metro tunnel in Kolkata, a significant achievement nearly 40 years since the city launched its first metro services. This tunnel, constructed beneath the Hooghly River, links Howrah Maidan to Esplanade, connecting two important areas of the city. The completion of this project […]
Sheikh Mohammed bin Rashid, the Vice President and Ruler of Dubai, unveiled a brand-new program named “Zero Bureaucracy” with the goal of improving the effectiveness of administrative procedures linked to work and residency in Dubai. This program was introduced along with the introduction of the “Employment Package.” In the past, hiring a new employee in […]
The Pakistani government has declared that beginning on March 7, 2024, the cost of Machine Readable Passports (MRPs) will increase. This implies that the new, higher charge will be required of anybody applying for a passport on or after this date. The Directorate General of Immigration & Passports (DGI&P) has made it clear that applicants […]
Under Chief Minister Maryam Nawaz, PML-N spokeswoman Marriyum Aurangzeb has been assigned four portfolios in the Punjab cabinet. According to a notice from the Punjab Services and General Administration Government, Marriyum Aurangzeb would be in charge of the following portfolios: Planning and Development Environment Protection and Climate Change Forestry, Wildlife, and Fisheries Chief Minister’s Special […]
