Islamabad, Sep 6: The price of gold increased by Rs. 1,400 per tola in Pakistan on Friday, bringing the two-day gains to Rs. 3,400 tola and bringing the price closer to the all-time high.The price of 24 carat gold increased by Rs. 1,400 per tola to Rs. 263,500, while the price of 10 kilos increased by Rs. 1,200 to Rs. 225,908, according data released by the Karachi Sarafa Association. After falling for the previous two days, the price of gold increased by Rs. 2,000 per tola yesterday. Gold prices were almost at a one-week high on the global market as…
Author: Iqra Khan
Islamabad, Sep 6: The primary crude distillation plant of Attock Refinery Limited (PSX: ATRL) was shut down on Friday, the company reported. The firm announced in a notification to the Pakistan Stock Exchange (PSX) that from September 06 to September 08, 2024, it will be closing its main distillation unit (32,400 BPD) in order to upgrade its equipment. It further stated that the unit will resume operations as soon as the HSD stocks/ullage situation improves, given the extremely high HSD stocks that were driving the refinery to shut down. It further mentioned that throughout the stoppage, regular product supply and…
Islamabad, Sep 6: Allama Iqbal Open University (AIOU) was visited by a team from the Regional English Language Office (RELO) of the Public Diplomacy Section of the U.S. Embassy to talk about enlarging the scope of English language instruction. The goal of the discussion with Vice-Chancellor Professor Dr. Nasir Mahmood was to discuss expanding the English Access Program to Pakistan’s impoverished regions.Dr. Nasir commended the initiative and reaffirmed the university’s dedication to using all of its resources to advance education in rural areas. The delegation, which included Dr. Gerald Frank, Syed Rashid Hussain, the Country Director, and Dua Mujeeb, attended…
Islamabad, Sep 6: A high-level Chinese delegation met with Prime Minister Romina Khurshid Alam’s coordinator for climate change on Friday. During the meeting, they talked about a number of topics related to their ambitious plan to assist Pakistan in modernizing its mass transit system so that the country can offer top-notch transportation options to the general public while meeting targets for environmental sustainability and climate resilience. The delegation informed the PM’s climate assistant about the Pakistan Green Transport Project (PGTP), an ambitious initiative that aims to transform the nation’s public transportation system to become more environmentally friendly and sustainable. The…
Islamabad, Sep 6: In honor of the great sacrifices made by our armed forces, Shuhada, Ghazis, and national heroes who resisted the enemy in the 1965 Indo-Pak War with unmatched unity and tenacity, Pakistan Navy honored Defense and Martyrs Day on February 1. A Pakistan Navy news release said that in his remarks on the occasion, Chief of the Naval Staff Admiral Naveed Ashraf honored the Shuhada and Ghazis who, with the help of our people, repelled the enemy’s brazen assault and thwarted its evil plans. The day honors the brave soldiers who were methodical in their preparation, fearless in…
Islamabad, Sep 6: Pakistani laborers who have finished their employment in South Korea are not receiving the insurance benefits that are due to them and can file a claim. Although many employees are not aware of how to collect these benefits, the Pakistan Employment Permit System (EPS) Center is assisting workers in recovering unclaimed cash. Based on information supplied by the Korean embassy, the Pakistan EPS Center, headed by Director Kim Ki-wook, is providing advice to laborers who have returned to Pakistan after working in South Korea under the Employment Permit System (E9). Despite having spent their entire four years…
Islamabad, Sep 5: All model highways in Lahore are now off-limits to helmet-free motorcycle riders, and enforcement measures have been strengthened with the use of artificial intelligence (AI). The spokesperson for the traffic police stated that there will be no tolerance for motorcycle riders who do not have helmets on routes such as The Mall, Jail Road, Ferozepur Road, Canal Road, Maulana Shaukat Ali Road, and other routes in Cantt. The Punjab Chief Minister Maryam Nawaz has issued orders to Chief Traffic Officer (CTO) Ammara Athar, directing her to step up the enforcement of helmet infractions. In addition to physical…
Islamabad, Sep 5: The federal government’s total public debt stock increased by 12.7% year over year (YoY) as compared to the same month the previous year. The debt stock rose by Rs. 7.827 trillion from Rs. 61.777 trillion in July 2023 to Rs. 69.604 trillion in July 2024, according to monthly figures released by the State Bank of Pakistan (SBP).The federal government’s overall public debt stock increased by 1% month over month from Rs. 68.914 trillion in June 2024 to that amount. According to the data, the central government’s internal debt grew by 22.2 percent between July 2023 and July…
Islamabad, Sep 5: The Planning & Development Division and the National Academy of Higher Education (NAHE) of the Higher Education Commission collaborated to organize a training course on the Intelligent Project Automation System (iPAS). According to a news release on Thursday, the goal of the workshop was to increase the ability of HEC staff members to use iPAS for better project management and automation in the public sector. The Ministry of Planning Development & Special Initiatives introduced iPAS, a web-based tool that streamlines the Public Sector Development Programme (PSDP), tracks project progress both financially and physically, automates releases, permits online…
Islamabad, Sep 5: The pre-feasibility study for building a state-of-the-art bus terminal in Islamabad to enhance the city’s public transportation infrastructure has been concluded by the Asian Development Bank (ADB). In a meeting on Thursday to explore the potential for building a contemporary bus terminal, CDA Chairman Muhammad Ali Randhawa and a delegation from the ADB announced the completion of the pre-feasibility. The proposed bus terminal, which will be built on 32 acres in Sector I-11, will have connectivity to important areas of Islamabad, a commercial area, and overnight parking for large and minibus buses. The project aims to remove…
