Islamabad, Nov 6: Finance Minister Aurangzeb Stresses Economic Improvement, Calls for Sustained Reforms. According to Senator Muhammad Aurangzeb, Federal Minister for Finance and Revenue, the government’s actions are causing macroeconomic gains in Pakistan. He emphasized the Monetary Policy Committee’s decision to lower interest rates by 2.5% while speaking at the 8th Edition of the Future Summit on Wednesday at a nearby hotel. He also mentioned that the nation is on track to accomplish its financial goals for the first four months of the fiscal year. There has been a notable decline in food inflation, and the Karachi Interbank Offer Rate…
Author: Iqra Khan
Islamabad, Nov 6: Nestlé Pakistan Sets Target to Increase Exports to $50 Million by 2030. To help the federal government expand the economy, Nestlé Pakistan has unveiled a new plan to boost its packaged food exports to $50 million by 2030. Nestlé’s expansion into 26 nations was highlighted during the “Limitless Possibilities” event in Islamabad, when this ambition was announced. Rana Tanveer Hussain, the Federal Minister for Industries and Production, highlighted the importance of exports to Pakistan’s economic recovery and commended Nestlé’s contributions. He pointed out that Nestlé’s expanding export presence shows how resilient Pakistan’s private sector is and how…
Islamabad, Nov 6: Gold Rate in Pakistan Drops Further Amid Decline in International Prices. Gold prices in Pakistan fell for a second consecutive day on Wednesday as the precious metal lost value in the international market. According to the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA), the price of 24-carat gold per tola decreased by Rs. 1,000 to Rs. 282,200. Likewise, the price of 10g fell by Rs. 857 to Rs. 241,941. About this drop comes when on Monday, the speed of gold raised by Rs. 700 per tola. Gold, which had seen record highs of Rs. 287,900 per tola…
Islamabad, Nov 6: Silkbank Secures Board Approval for Merger with UBL.The Board of Directors of Silkbank Limited (PSX: SILK), which has been making waves in the Pakistani industry, has approved a likely merger plan and is proceeding with the merger with United Bank Limited (PSX: UBL). If the aforementioned combination comes to be, it will be implemented under a scheme of arrangement that has been approved by the SBP and in compliance with Section 48 of the Banking Companies Ordinance, 1962. The possible merger is still conditional upon reaching further definitive agreement on any other material aspects of the transaction,…
Islamabad, Nov 6: WhatsApp to Introduce Image Verification Tool for Enhanced Security. WhatsApp latest feature is the Reverse Image Search for Android beta users. WhatsApp is rolling out a new feature for Android beta testers: reverse image search. This wonderful tool enables the user to instantly check the authenticity of any image received by simply using this app. Reverse image search also known as image reverse search is just the opposite of the regular image search.To use this feature, you want to open the image which you have received in WhatsApp. After that, click on the three-bar icon located at…
Islamabad, Nov 6: The Government of Japan provides grant assistance to three NGOs for development projects in Pakistan. The Government of Japan has agreed to bear grant assistance of up to 194,493 US dollars or approximately 54 million Pakistani rupees for provision of community development grant to three Pakistani NGOs. The grants started from 6 th November, 2024/ would assist in financing programs. That would assist in raising standards of living, health and State services in the areas of Pakistan that are remote from the centres mentioned above. Specifically, “Friends Welfare Association” and “Al Khidmat Foundation Pakistan” and “Al Mezan…
Islamabad, Nov 6: Google Messages to Soon Support Sending Photos in Original Quality. Google Messages gets ready to change Android image sharing with a feature enabling users to transmit photos at their high quality over RCS. Out this week in beta, this change adds an HD & HD+ switch in the Photo Picker, letting people send photos with very little compression or in their most uncompressed states. This is well in line with the chief executive’s efforts to popularise RCS beyond Android and enhancing the messaging experience by replacing the grainy, compressed images caused by heavy compression. Just like with…
Islamabad, Nov 6: Punjab Imposes Mandatory Face Mask Rule in Four Divisions Due to Smog Crisis. Due to this kind of smog conditions, the government of Punjab has put certain measures to ensure the public health of inhabitants in Lahore and other related cities. New Delhi: Senior Minister Maryam Aurangzeb declared the extension of obligatory mask wearing to cover not only Lahore but Multan, Gujranwala, and Faisalabad strictly because the Air Quality Index of the region has shot up. Air quality index of Lahore has touched alarming levels and it is causing potential threat to several million people. To prevent…
Islamabad, Nov 6: Punjab Government Shuts Down Schools and Colleges Amid Severe Smog in Four Divisions. Recently, with the air pollution level, increasing in Punjab; the provincial government has decided to shut all schools including public & private, Primary, Secondary up to the higher Secondary till further Notice. Major cities will shut schools in Lahore, Gujranwala, Faisalabad, and Multan will join the online classes from November 17 due to worsening air quality. Punjab’s Senior Minister Maryam Aurangzeb commenting on the current scenario attributed smog to crop residue burning and emission from industries. Recently, Lahore’s Air Quality index has reached at…
Islamabad, Nov 6: Android 16 Launch Date Leaked, Expected to Arrive Sooner Than Anticipated. Even though we only received Android 15 last month, Google today revealed some exciting news: Android 16 will arrive earlier than anticipated, with an early release window between April and June of next year. The worst part is that there are now reports that the precise debut date is June 3. The Android Open Source Project (AOSP) will launch Android 16 on that day, and Google Pixel smartphones will immediately begin to get over-the-air (OTA) updates. Compared to this year’s deployment, when Pixel customers had to…
