PM Imran Khan approves increase in electricity prices by as much as 25%: report

By Hamza Zakir ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Prime Minister Imran Khan has finally given the green light to the long-rumored increase in electricity prices. The move has been motivated by the need…

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Sindh High Court orders FIA to stop taking action against cryptocurrency traders

By Hamza Zakir ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Sindh High Court on Thursday directed relevant authorities to refrain from taking action against digital currency traders. Judge Amjad Sehto gave the order in…

NetSol to establish a state-of-the-art IT university in Pakistan

By Hamza Zakir ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Pakistani IT behemoth NetSol Technologies Ltd. is giving back to society by contributing to the nation’s IT infrastructure and promoting IT education. In this regard,…

Foreign direct investment to Pakistan drops 17% in first five months of FY2021: SBP

By Hamza Zakir ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Foreign Direct Investment (FDI) to Pakistan has dropped to $717.1 million during the first five months of the fiscal year 2020-2021, according to data released…

Huawei offering financial incentives for businesses to join its app store

By Hamza Zakir ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Huawei is desperate to get as much support for its very own app store, App Gallery, as possible. This has led the company to lure…

US says it provided $128m in debt relief to Pakistan this year

By Hamza Zakir ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The United States has provided Pakistan with a total of $128 million in debt relief in 2020, as part of the G20 Debt Service Suspension…

FBR launches online module in Iris to promote investment in Green Field Industry

By Hamza Zakir ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Federal Board of Revenue has launched an online module in Iris for the purpose of facilitating the filing of applications for the grant of Green…

Right decision to close educational institutions given high rate of infections: Shafqat Mahmood

By Hamza Zakir ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

With Pakistan facing the brunt of the second wave of COVID-19, Federal Minister for Education Shafqat Mahmood believes that closing down educational institutions back in…

ECC ratifies electric vehicle policy for cars

By Hamza Zakir ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Economic Coordination Committee (ECC) has finally ratified the electric vehicle policy for four-wheelers in Pakistan. The move will prove critical in rationalizing costs of…

Large-scale manufacturing grew by 5.46pc in Jul-Oct period: Hammad Azhar

By Hamza Zakir ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Based on the latest Large Scale Manufacturing Industries (LSMI) figures, Minister for Industries and Production Hammad Azhar exuberantly stated that industry is driving Pakistan’s economic…

Number of companies registered in Pakistan up by 41%: SECP

By Hamza Zakir ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Securities and Exchange Commission of Pakistan (SECP) registered 1,956 new companies in November 2020, which represents an increase of 41% over the same period…

Japanese ‘Twitter killer’ sentenced to death for nine murders

By Hamza Zakir ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

In a development that sounds like a scene from a psychological thriller, a Japanese man has just been arrested for the murder and dismemberment of…

Careem reduces its restaurant commission fee to 5%

By Hamza Zakir ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Ride-hailing giant Careem has announced that it will be reducing its restaurant commission fee to 5%. This development has been motivated by the government-enforced closure…

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