Loss-making State-Owned Enterprises (SOEs) reported total losses of Rs. 851 billion in FY 2023-24, a 14.03 percent decrease year on year. According to the Ministry of Finance’s most recent aggregate annual report on SOEs, after accounting for government subsidies of Rs. 782 billion and grants of Rs. 367 billion, netRead More →
The installation of CCTV cameras in and around Karachi’s government colleges has been mandated by the Sindh government. Growing security concerns, especially those pertaining to the safety of personnel and students, have prompted this decision. The Directorate of College Education Karachi Region gave college administrators instructions to give security measuresRead More →
HANOI: According to Vietnamese police, they have detained five individuals and dismantled a money-laundering network that imported US$1.2 billion (S$1.6 billion) in illicit funds into the nation. Members of the ring, including bank personnel, created 187 firms and opened over 600 corporate bank accounts between 2022 and 2024 by forgingRead More →
Concerned about the absence of consultation and its consequences for press freedom, journalist organizations in Pakistan have vehemently protested recent modifications to the Prevention of Electronic Crimes Act (PECA). The amendments were rejected and their immediate withdrawal demanded by a joint action committee that included the Pakistan Federal Union ofRead More →
The government’s actions have resulted in a considerable drop in Hajj expenditures as compared to the previous year. Sources claim that a 40-day Hajj package has been priced at Rs1.05 million under the government program. A shorter-duration Hajj package will cost Rs1.1 million each participant. At first, it was projectedRead More →
Officials claimed hundreds of schools in Hungary received bomb threats on Thursday, requiring them to temporarily remove children. According to interior ministry spokesman Bence Retvari, 268 educational institutions around the country received bomb threats via email, the majority of which were in the capital Budapest. Authorities have discovered “no directRead More →
On Thursday, the Lahore High Court (LHC) summoned the lady who accused former Pakistan cricket captain Babar Azam of sexual harassment, saying, “If you want to pursue the case, you should be in court on the next hearing.” Hamiza Mukhtar had alleged that she and Babar Azam had been datingRead More →
Senator Muhammad Aurangzeb, the Federal Minister for Finance and Revenue, has stressed the importance of information technology in Pakistan’s prosperity and stability. During a high-level panel discussion at the World Economic Forum (WEF) on Thursday, Aurangzeb noted that Pakistan had achieved substantial vertical advancement in IT and had the third-largestRead More →
GWADAR: The Gwadar International Airport became operational today (Monday), with the first flight from Pakistan International Airlines (PIA) landing on the runway to inaugurate the newly built facility. The PIA aircraft PK-503, from Karachi, arrived at 11:14 a.m. and began operations at New Gwadar International Airport. When the first flightRead More →
WASHINGTON: Donald Trump declared the beginning of a “golden age” in the United States after taking the oath of office for a historic second term as president on Monday (Jan 20), using his inaugural speech to strike out at what he characterized as a “broken” society that he would rescue.Read More →