Business

President directs IESCO to refund Rs139,000 to complainant

ISLAMABAD: President Dr Arif Alvi has directed Islamabad Electric Supply Company (IESCO) to refund Rs 139,860 to complainant who had been wrongly issued an additional demand notice for installation of an electricity connection along with transformer...

SBP says Pakistan receives $705.6m from IMF

Karachi: Pakistan has received tranche of $ 705.6 million from International Monetary Fund (IMF), said State Bank of Pakistan (SBP). Development comes days after IMF Executive Board completed first review of $ 3 billion Stand-By Arrangement. “S...

Gold price per tola decreases by Rs600

Karachi: Gold price decreased in line with decline in international rate. Yellow metal was priced at Rs 217,300 per tola after shedding Rs 600 per tola during day. 10-gram gold was sold at Rs 186,300 after decrease of Rs 514 per ten gram, according...

NPO to organise webinar on ‘Risk Planning, Mitigation Plan’

ISLAMABAD: National Productivity Organisation (NPO) will conduct webinar on ‘Risk Planning and Mitigation Plan’ on January 18. “Risk management includes both identification of potentials risk and evaluation of potential impact of ri...

Gov taking steps to boost FDI: President Alvi

ISLAMABAD: President Dr Arif Alvi said government was taking steps to promote foreign direct investment (FDI). Talking to German delegation of international food wholesaler, METRO Group, led by its CEO Dr Steffen Greubel at Aiwan-e-Sadr, President sa...

Freelancers in Pakistan set to receive PayPal payments in February

Caretaker Federal Minister for IT and Telecommunication, Dr. Umar Saif, revealed plans for freelancers in Pakistan to start receiving PayPal payments in February. Speaking at the Tech Destination Pakistan event, he outlined a pilot project involving...

IMF greenlights $70m tranche for Pakistan

Islamabad: In welcome sign, Executive Board of International Monetary Fund (IMF) has given its nod for initial economic assessment of Pakistan, paving way for release of next installment of $ 70 million to Pakistan, as confirmed by Ministry of Financ...

ICCI calls for industrial tariff on cold storage industry

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) urged government to restore industrial power tariff for cold storage industry to save it from further trouble. Delegation of cold storage owners led by Anjuman-e-Wholesale Fruit Commission...

EU supports Pakistan on GSP+ status for further export growth

Karachi: Dr. Riina Kionka Ambassador of EU in Pakistan has paid detailed visit to FPCCI here along with her senior team members aimed at offering apex body their full support in fulfilling GSP+ opportunities and requirements. Dr. Riina Kionka apprise...

President directs insurance company to refund Rs100,000 with profit

ISLAMABAD: President Dr Arif Alvi has directed EFU Life Assurance Ltd to refund Rs 100,000 along with profit to poor lady who had been misled to obtain insurance policy. According to press release issued by President House Press Wing, Zubaida Begum h...

NC Big Stories

PM Shehbaz directs Punjab, NA speakers to address PPP concerns

Islamabad: Prime Minister Shahbaz Sharif has instructed the speakers of the national assembly and Punjab’s provincial assembly to take active steps to address concerns raised by the Pakistan People’s Party (PPP). The directive came during...

PTI remains adamant, govt’s last-ditch effort gone in vain

INTERNET BLOCK, TRAINS AT HALT, EDUCATIONAL INSTITUTES CLOSED ISLAMABAD: A large convoys of Pakistan Tehreek-e-Insaf (PTI) supporters, led by Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur and opposition leader Omar Ayub, encountered intense tea...

‘Ziauddin University holds 1st International and 2nd National Pakistan Occupational Therapy Conference’

KARACHI: “There has been a remarkable 278% increase in occupational therapists in the Asia-Pacific region. However, these numbers remain disproportionately low when compared to the global population. We must take collective action to address th...

IU bold fashion show sparks controversy, backlash

Iqra University, one of Pakistan’s well-known institutions, has come under fire for its recent Fashion Odyssey 2024 event. Organized by the university in collaboration with AIFD, the grand fashion show showcased the creative work of emerging yo...
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