As to the Forex Association of Pakistan (FAP), the open market rates for purchasing and selling the Dollar were Rs 277.50 and Rs 280.20, correspondingly. According to the State Bank of Pakistan (SBP), the value of the euro fell by 86 paisa, closing at Rs 301.84 as opposed to the previous closure of Rs 302.70.…
The SPI for the combined consumption group increased by 21.22 percent in the week under review compared to the same week the previous year, according to a study released by the Pakistan Bureau of Statistics (PBS). The weekly SPI includes 51 basic items for all spending groups and 17 urban centers with a base year…
The Punjabi education department has announced that all public and private schools will be closed from June 1 to August 14, 2024, in observance of summer break. The notification said, “All public and private schools throughout Punjab shall remain closed for summer vacation from Saturday, June 1, 2024, to Wednesday, August 14, 2024.” Read more: Will…
In line with a release from Inter-Services Public Relations (ISPR), the national hockey team paid a visit to the Rawalpindi General Headquarters. The COAS complimented the team for their exceptional performance throughout the conversation and stated that the players have greatly elevated the country’s standing. Read more: Joint Operation Leads to Seizure of 150kg Drugs by…
During his visit, the IGP gave the Sindh Chief Minister an update on the province’s overall law and order situation, with a focus on street crime in Karachi. According to Ghulam Nabi Memon, there has been some “control” over street crime, and more measures are being taken. At this point, Chief Minister Murad declared that…
Abdullah s/o Mehmood, a young citizen, was killed when some unidentified people allegedly opened fire inside a call center in Karachi’s Liaquatabad neighborhood. While more research is being done to identify and apprehend the perpetrators of this horrific act, the preliminary inquiry showed that the unidentified men shot Abdullah with the aim to murder. In…
The information stated that bids had to be submitted by May 17 at 4 PM. Eight businesses in all made bids for expressions of interest to privatize the national airline, according to a statement released here. The pre-qualification process for bids is expected to start shortly, according to sources with knowledge of the issue. Read…
Rüdiger Lotz gave the FPCCI president, Atif Ikram Shaikh, assurances that the Pakistani business community would receive priority for business visas during his visit to the organization’s headquarters in Karachi. FPCCI Senior Vice President Saqib Fayyaz Magu outlined the main areas of cooperation—startups, R&D, women’s empowerment, vocational training, and business tourism—in a high-level, interactive session…
Regarding the government’s intentions to charge solar net metering, the minister also provided clarification. The minister denied that the government intended to charge solar net metering during an interview with a private news program. “The government will not revoke its net metering regulations for solar systems that have already been installed,” he declared. The minister…
Mohammad Saleh Pahore and Abdul Hameed Pahore, two watchmen at a fish farm in Faizoo Laro, near Khanpur, were kidnapped by a group of bandits. Two watchmen from the fish farm were abducted by the dacoits. With this latest kidnapping occurrence, the total number of kidnapped individuals has increased to 10. At the Faizoo halt…