Minister Reveals Flaws in Petrol Subsidy Scheme for Motorcycles and Small Cars
The Minister of State for Petroleum, Dr. Musadik Malik, acknowledged deficiencies in the government’s proposed fuel subsidy scheme’s first phase. However, the Minister defended the initiative and stated that it would not have any budgetary impact, ther…
Train service suspended after explosion on railway track near Kotri
An explosion on the railway track near Kotri has suspended railway traffic today, however, no loss of life reported.According to a railway official, technical staff has reached the spot and started repair work on the railway track for early restoration…
Sindh Governor, CM visit Mazar-e-Quaid
Sindh Governor Kamran Tessori and Chief Minister Syed Murad Ali Shah visited Mazar of Quaid-e-Azam in Karachi on Thursday and laid floral wreaths at the Mazar.They also offered fateha and recorded their impressions in the book of visitors.Talking to me…
Govt committed to put country on track of progress: Murtaza
Minister for Industries and Production Syed Makhdoom Murtaza Mahmood says the government is taking effective steps to provide relief to the masses. Presiding over a meeting in Rahim Yar Khan, he said provision of subsidized fuel to the people will red…
President approves reconstitution of National Economic Council
President Dr Arif Alvi has approved the reconstitution of National Economic Council.The president gave the approval on the advice of the Prime Minister under Article 156(1) of the Constitution.Caretaker Minister for Energy, Industries, and Investment P…
PC Board Reviews Matters Related to Privatization of HBFC
Privatization Commission (PC) Board meeting on Tuesday reviewed the matters related to the privatization of House Building Finance Company Limited (HBFC).The Privatization Commission (PC) Board meeting was held under the Chairmanship of Abid Hussain Bh…
First-Ever Approval of the Digital Lending App of an NBFC Company in Pakistan
The Center of Business Consultancy (Pvt.) Limited has successfully acquired the approval of the Securities and Exchange Commission of Pakistan (the Commission) for its foreign client to launch the first approved digital lending app in Pakistan.The Comm…
Current Account Deficit Shrinks by 86% in February to $74 Million
Pakistan’s current account deficit (CAD) decreased by 86 percent on a year-on-year (YoY) basis to clock in at $74 million in February 2023, data released by the State Bank of Pakistan (SBP) showed on Monday.The country recorded a current deficit of $0….