Tags : Pakistan

FDI in Pakistan Surges 172% Year-on-Year in April 2024

Foreign Direct Investment (FDI) in Pakistan surged by 172% year-on-year in April 2024, according to data released by the State Bank of Pakistan (SBP). The inflow in April was $358.8 million, compared to $132 million in April FY23, marking a significant increase. Additionally, the April inflow was 39% higher than the $258 million recorded in […]Read More

FUAAST Bans Student Organization Activities

KARACHI: Federal Urdu University of Arts, Sciences & Technology (FUAAST) has imposed a ban on the activities of student organizations, as announced by the interim registrar on Wednesday. The decision has drawn condemnation from the affected parties. The notification stated that student organizations are prohibited from organizing any educational or non-educational activities at FUAAST. The […]Read More

PIA Announces 20% Discount for Pakistani Students Traveling to China

KARACHI: Pakistan International Airlines (PIA) has introduced a 20% discount for Pakistani students traveling to China for academic purposes. In addition, the national flag carrier has increased the baggage allowance to 60 kilograms, according to an airline official. Currently, PIA operates a weekly flight on the Islamabad-Beijing-Islamabad route every Sunday. This discount is available for […]Read More

OGRA Bans Sale of Substandard LPG Cylinders Across Pakistan

LAHORE: The Oil and Gas Regulatory Authority (OGRA) has issued a ban on the sale and purchase of substandard LPG cylinders throughout Pakistan. In a notification, OGRA highlighted the dangers associated with refilling substandard LPG cylinders and issued notices to 313 LPG marketing companies and 19 cylinder-producing companies. OGRA has cautioned LPG marketing companies against […]Read More

BIEK Announces Schedule for Intermediate Exams Starting June 1

KARACHI: The Board of Intermediate Education, Karachi (BIEK) Chairman, Prof. Nasim Ahmed Memon, announced on Wednesday that the intermediate exams will commence on June 1. “The intermediate exams will be held from June 1 as it is not possible to conduct them from May 28,” Memon stated. The board has requested permission from the education […]Read More

NEPRA to Decide on CPPA’s Plea for Rs5 per Unit

ISLAMABAD: Power consumers are bracing for another potential increase as the National Electric Power Regulatory Authority (NEPRA) is set to review the Central Power Purchasing Agency’s (CPPA) request for a Rs5 per unit hike in the base tariff. This move could impose an additional burden of over Rs310 billion on electricity consumers. NEPRA is scheduled […]Read More

Inquiry Committee Formed to Investigate Mob Attacks on Pakistani Students

ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar has formed an inquiry committee to investigate the recent mob attacks on Pakistani students in Bishkek, Kyrgyzstan. The violence erupted on Friday night following viral videos of a brawl between Kyrgyz and Egyptian students, which incited local residents to target international students, including Pakistanis. Approximately 10,000 […]Read More

US Returns Stolen Antiquities Worth $13 Million to Pakistan

In a ceremony held at the Manhattan District Attorney’s office in New York, the United States (US) returned 133 stolen antiquities to Pakistan, valued at over $13 million. These artifacts, dating back to the Gandhara period, were handed over in the fifth such transfer to Pakistan. Aamer Ahmed Atozai, the Consul General in New York, […]Read More

FBR Blocks Over 3,600 SIMs of Non-Filers Across Pakistan

The Federal Board of Revenue (FBR) has taken action, blocking over 3,600 SIM cards belonging to non-filers across Pakistan. Sources indicate that FBR is daily providing data of 50,000 non-filers to the Pakistan Telecommunication Authority (PTA). Telecom companies have received lists of non-filers from FBR, with PTA also getting a roster of 566,671 individuals. SIM […]Read More

Punjab CM Maryam Nawaz Approves Construction of New Women’s Jails

Punjab CM Maryam Nawaz has approved the construction of two new women’s jails in the province during a meeting on Wednesday to review jail reforms. The decision was made while chairing the meeting, which was attended by senior officials including Punjab’s senior minister Marriyum Aurangzeb, and Information Minister Azma Bukhari. The new jails are set […]Read More