Islamabad, Sep 23: Patients are suffering greatly from the recent application of an 18% General Sales Tax (GST) on a large number of medications. Many have had to dramatically cut back on their pharmaceutical purchases as a result of this unanticipated spike, frequently buying only enough for a day or two as opposed to stockpiling for longer periods of time. Due to the new GST, Lahore pharmacy proprietors have noticed a dramatic increase in the cost of necessities such as skin treatments, multivitamins, calcium supplements, milk powder, sugar strips, and herbal cures. Patients had previously bought these medications in bigger…
Author: Iqra Khan
Islamabad, Sep 23: Lieutenant General Muhammad Asim Malik will take over as Director General of the Inter-Services Intelligence (ISI) on September 30. The Inter-Services Public Relations (ISPR) made the announcement in a statement that was made public on Monday. Lt. Gen. Malik, who is currently employed by the previous administration as the Adjutant General at the General Headquarters in Rawalpindi, takes over from Lt. Gen. Nadeem Anjum, who held the role since his appointment in 2021. Throughout his illustrious military career, Gen. Anjum oversaw crucial operations in Kurram Agency and Karachi and held the position of commandant of the Command…
Islamabad, Sep 23: According to the most recent data released by the State Bank of Pakistan (SBP), the Investment-to-Deposit Ratio (IDR) has crossed 100 percent for the first time, while the Advance-to-Deposit (ADR) ratio decreased to 38.4 percent. As a result of banks’ heightened attention to government securities, IDR has reached 100.8 percent, according to a brief analysis released by Arif Habib Limited (AHL) on Monday. ADR has also fallen to a historic low of 38.4% as banks continue to exercise caution when making loans and as demand is still muted due to high interest rates.
Islamabad, Sep 23: The University of Essex’s academic cooperation in Pakistan was formally launched today at an esteemed event at a Pakistani university, which was attended by Mr. Oliver Christian, the Royal Trade Commissioner for South Asia. This event represents a critical turning point in the development of scientific and educational ties between Pakistan and the UK. Mr. Christian emphasized in his speech the vital role that global collaborations play in fostering innovation, information sharing, and economic growth. He called the program a significant advancement in providing students in both countries with more educational options. Mr. Christian declared, “We are…
Islamabad, Sep 23: The State Bank of Pakistan (SBP) told the Senate Standing Committee on Economic Affairs on Monday that the sole purpose of foreign cash obtained as loans from the International Monetary Fund (IMF) is to control the balance of payments. The committee was advised that these money are deposited directly with the central bank, which uses them to handle import bills, interest rate payments, and balance of payments. Instead of going to the federal government. The fact that the Economic Affairs Division has not produced comprehensive reports on the IMF program since 2018 was one of the main…
Islamabad, Sep 23: The Human Resource Governance Committee (HRGC) has finished the screening process for the nomination of a new Chief Executive Officer (CEO) of Ignite National Technology Fund, according to a statement released by the Ministry of IT and Telecommunication (MoITT). The Ministry states that interviews were held in August 2024 for the shortlisted applicants, and the Board will hear the HRGC’s recommendations at its next meeting. Within the next week, the Board is anticipated to complete the CEO selection process. Asim Shahryar Husain, the previous CEO of Ignite, completed his fixed-term employment contract on January 17, 2024, leaving…
Islamabad, Sep 23: Pakistan’s humiliating 2-0 rout of Bangladesh at home, former cricket player Kamran Akmal has openly blasted the Pakistan Cricket Board (PCB) for its lack of professionalism. Kamran Akmal proposed that the Board of Control for Cricket in India (BCCI) be a model for the PCB. Speaking on his YouTube channel, Kamran Akmal conveyed his dissatisfaction with Pakistan cricket’s current situation. “PCB should take a cue from BCCI regarding their professionalism, team, captain, selector, and coaches. These are the attributes that elevate a team to the top and help them rule the globe. There wouldn’t be Pakistan cricket…
Islamabad, Sep 21: People celebrated the 98th anniversary of the birth of the renowned vocalist and actress Malika-e-Tarannum Madam Noor Jehan. Born into a musical family in Kasur, Punjab in 1926, she recorded almost 10,000 songs in multiple languages, including Sindhi, Urdu, and Punjabi. In addition, she demonstrated her acting prowess in the movies Chan Way, Dopatta, Mirza Ghalib, Qaidi, Baaji, and Khandaan. The national patriotic songs of Malika-e-Tarannum, sung during the 1965 Pakistan-India conflict, are a significant aspect of our history. She was given several honors, including as the Presidential Pride of Performance Award, Tamgha-e-Imtiaz, Sitara-e-Imtiaz, and the Lifetime…
Islamabad, Sep 21: By formally establishing its Technology and Digitalization Wing block, the Capital Development Authority (CDA), acting on the orders of its Chairman Muhammad Ali Randhawa, has made a major advancement toward modernization. According to a press statement, this milestone ushers in a new era for the Authority’s operations as it moves toward a corporate model and collaborative working culture with the goal of streamlining services and increasing efficiency. Chairman CDA Muhammad Ali Randhawa stated during the launch that implementing corporate best practices and embracing contemporary technology are key to the future of public service delivery.The newly created Technology…
Islamabad, Sep 21: A high-level Chinese team headed by Minister of Political and Legal Affairs Chen Mingguo met with Interior Minister Mohsin Naqvi. When Minister Chen Minguo and his delegation arrived at the Ministry of Interior, the Minister for Interior gave them a hearty welcome. It was decided during the conference to strengthen collaboration in a number of areas, including as anti-terrorism, cross-border cooperation, anti-smuggling, and anti-drug initiatives. Discussions on topics of common interest and Pakistan-China ties, specifically with regard to Xinjiang, took place during the meeting.At the discussion, it was decided to train police officers from Gilgit-Baltistan at the…
