Prime Minister Imran Khan on Friday announced a grant of Rs30 billion for Naya Pakistan Housing Project (NPHP), urging the construction industry and investors to take advantage of this opportunity as the government tries to ease the economic impact from coronavirus.He said, “This means a grant of Rs0.3 million will …
Read More »Karachi Chamber of Commerce demands Sindh take back an extension decision
The Karachi Chamber of Commerce and Industry (KCCI) declined the Sindh government’s decision of extending the lockdown, as Karachi Electronic Dealers Association announced that they will be reopening their businesses from tomorrow. A statement was released by KCCI which said that “Businesses should be allowed to operate at full capacity.” …
Read More »Prime Minister says national parks ‘big step’ for future
Islamabad: The Prime Minister said, “Creation of national parks is a very big step for the future generation.” He also stressed on the importance of provoking the local youth in their maintenance to make sure these parks are preserved.The prime minister said this at a ceremony held at the PM …
Read More »Varsity penalizes 36 students over teachers’ memes
Lahore: A private university has initiated disciplinary action against 36 current and former students as they supposedly posted defamatory memes of their teachers on their personal and university on Facebook accounts and other groups.Fast National University (NU) of Computer and Emerging Science Faisal Town Campus took action against 24 current …
Read More »Sindh extends ‘smart’ lockdown till July 15 to contain coronavirus cases
Karachi: The provincial government announced that the smart lockdown which was enforced across Sindh will be extended till 15 July. The smart lockdown was also extended in Punjab and Balochistan as the number of coronavirus patient started to increase in. A notification was issued in its regarding saying that the …
Read More »UK withdraws PIA permit to operate from Birmingham, London, and Manchester airports
The news of pilots holding dubious licenses has continued to take a toll on Pakistan Airlines as the United Kingdom Civil Aviation Authority announced that that they will be withdrawing Pakistan International Airlines (PIA) permit to operate in three of their airports and the United Arab Emirate will be verifying …
Read More »PIA banned for flying to Europe for six months
The European Union Air Safety Agency (EASA) suspended authorization for Pakistan International Airlines (PIA) to operate in Europe FOR six month. The action was taken after 262 Pakistani pilots were grounded by Aviation Minister Ghulam Sarwar Khan for having a dubious license. According to the PIA statement “EASA has temporarily …
Read More »PSX performance: Rs1.8tr turnover recorded in FY19-20
According to the performance report of the Pakistan Stock Exchange’s turnover for the fiscal year of 2019-2020 accumulated to around Rs1.8 trillion. The KSE-100 Index climbed to 520 points and closed at 34,421 points and remained in the band of 16,421 points. The index grew up to 43,468 points which …
Read More »New petrol rates ‘to the people’s benefit’: Petroleum Division
Islamabad: The Petroleum Division in while addressing in Islamabad talked about the increase in cost in the Petroleum Products said that the new rates were for the benefit of people. The Division said that this step was taken after a 112% surge of petroleum in the international market in the …
Read More »Govt raises petrol price by nearly Rs 26 citing ‘global rise in prices’
The government on Friday decided to increase the prince of all petroleum products by nearly Rs26 to share the impact of rising international prices with the consumers.The price of petrol has been raised to Rs25.58 making it Rs100.10 per liter from the existing Rs74.52 which makes it an increase of …
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