Govt Launches Risk Coverage Scheme to Boost Agri Financing

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The federal government has introduced a new risk coverage scheme to encourage banks and microfinance institutions to expand financing for small and marginalized farmers, particularly…

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SECP Opens Doors for Startups with Angel Fund Initiative

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Securities and Exchange Commission of Pakistan (SECP) has introduced the Angel Fund, a new category of Venture Capital Fund designed to invest primarily in…

Meta Taps Google Cloud in $10 Billion Deal

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Meta Platforms has entered into a six-year agreement with Google Cloud worth more than $10 billion. The deal marks one of the largest technology partnerships…

CDA Mobile App Adds Real-Time Bus Tracking to Google Maps

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Capital Development Authority (CDA) has launched real-time bus tracking on Google Maps through its newly integrated CDA Mobile App. The service enables commuters to…

NADRA Mobile Registration Drive Coming to UK on THIS Date

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The National Database and Registration Authority (NADRA) has announced that its mobile registration drive will reach the United Kingdom on August 23, 2025, to provide…

FIA Recovers Millions in Illegal Currency Exchange

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Federal Investigation Agency (FIA) has arrested suspects involved in illegal currency exchange and hundi operations, recovering millions in foreign and local currency. A spokesperson…

NEPRA Reviews Rs23 Billion Fuel Cost Refund for Consumers

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

Public sector distribution companies (Discos) have requested a Rs1.69 per unit fuel cost refund for consumers after power consumption fell by five per cent in…

PSCA Installs Panic Buttons in Women’s Colleges

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Punjab Safe Cities Authority (PSCA) has launched the installation of panic buttons in women’s educational institutions to boost privacy and security for female students.…

Askari Bank Profit Up 32% YoY in 1HCY25

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Askari Bank has reported a 32% year-on-year increase in profit for the first half of calendar year 2025 (1HCY25), reflecting strong operational performance despite challenges…

Takaful Sector Grows Rapidly in SECP 2024 Insurance Report

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The takaful sector in Pakistan’s insurance industry demonstrated remarkable growth in 2024, according to the SECP Insurance Industry Statistics report. Family takaful contributions rose 37%…

PTA Restores 80% of Telecom Services After Karachi Rains

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Pakistan Telecommunication Authority (PTA) has restored nearly 80 percent of the 2,400 Base Transceiver Stations (BTS) affected in Karachi after torrential rains earlier this…

Allied Bank Profit Down 21% YoY in 1HCY25

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Allied Bank Limited (ABL) has reported a significant decline in profitability for the first half of 2025, as highlighted in the latest Allied Bank Result…

PTCL Audit Reveals Rs624 Million Loss Over Project Delays

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Auditor General of Pakistan has flagged serious concerns over a PTCL project that resulted in Rs624.8 million in losses due to delays and uncollected…

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