Islamabad, Oct 20: Experts Cite Political Instability and Climate Change as Key Drivers Behind Rising Poverty Index. Munir Ahmed, the executive director of Devcom-Pakistan, stated on Saturday that climate change was a serious threat to natural resources, disproportionately impacting the poor and feeding the cycle of poverty. Speaking as a guest speaker at the Islamabad Crescent Lions Club monthly meeting here on Saturday, he claimed that droughts, floods, and shifting weather patterns, as well as the depletion of essential natural resources like water, soil, and biodiversity, disrupt agricultural production, which is frequently the main source of income for underprivileged communities.…
Author: Iqra Khan
Islamabad, Oct 20: Gold Price Rises by Rs900 Per Tola Amid Market Fluctuations.24 carat gold per tola sold for Rs281,800, up Rs900 from the previous trading day’s sale price of Rs280,900. The All Sindh Sarafa Jewellers Association stated that the price of 10 grams of 24 carat gold also rose by Rs772 to Rs241,598 from Rs240,826 while the price of 10 grams of 22 carat gold jumped to Rs221,465 from Rs220,758. While the price of ten grams of silver jumped by Rs42.87 to Rs2,700.62, the price of silver per tola rose by Rs50 to Rs3,150. According to the Association, the…
Islamabad, Oct 20: Pakistan Hosts Inaugural Trade Expo in Oman to Boost Bilateral Commerce. In an effort to boost bilateral trade, Oman will import goods from Pakistan in 12 different categories this fiscal year. Pakistani businessmen received millions of dollars in export orders as a consequence of the two-day inaugural Pakistan-Oman Inaugural Trade Expo and Business Conference, which ended Thursday in Muscat. Pakistani businesses have inked export orders for home textiles, sports, rice, children’s clothing, leather goods, food, consumables, chemicals, plastics, and pharmaceuticals, according to an official notification. 64 Pakistani companies from ten different categories textiles, apparel, fashion, sports goods,…
Islamabad, Oct 20: International Day of Air Traffic Controllers Marked Globally to Honor Aviation Safety Heroes. In honor of the crucial role air traffic controllers play in maintaining the safety of air travel, today is the International Day of Air Traffic Controllers. Air traffic controllers are in charge of directing hundreds of flights across Pakistani airspace and ensuring that they take off and land safely. By guaranteeing that airplanes fly safely on approved routes, air traffic controllers protect millions of lives every day, making them indispensable to the aerospace sector. In addition to guiding many international aircraft that pass through…
Islamabad, Oct 20: PSX Closes Week in the Red despite Reaching Record Highs. Despite reaching an all-time high in the middle of the week, the stock market was flat and reported a slight loss in the previous week. Due to growing political tensions and PTI protest calls, the market lost money during the first session. Investor confidence was regained on Wednesday, however, as the index rose above 86,000 following the calm end of the 26th Shanghai Cooperation Organization (SCO) meeting, which raised expectations for political and economic stability in the area. The government’s announcement to release unpaid invoices to five…
Islamabad, Oct 20: State-Owned Enterprise Reforms Fall Short of Expectations, Says SBP. Existing and privatized state-owned businesses (SOEs) continue to experience pinching problems, a sign that the reforms have not produced the expected results. A 40-page research titled “Reforming State-owned Enterprises in Pakistan” was also included by the State Bank of Pakistan (SBP) in its Annual Report 2023–24. The study listed a number of reasons why SOE reforms had failed, chief among them being a lack of political will. According to the report, for example, the privatization of Karachi Electric Supply Corporation (now K-Electric) shown increases in profitability and service…
Islamabad, Oct 20: Balochistan CM Launches Youth Skills Development Programme to Empower Future Workforce. The Chief Minister Youth Skills Development Program was launched by Balochistan Chief Minister Sarfaraz Bugti. In stages, the program seeks to teach 30,000 young people from Balochistan and give them access to employment prospects overseas. According to a senior official who spoke to Dawn, 2,500 young people from different parts of the province who were chosen on the basis of merit would leave for training overseas in the first phase. These people will find employment abroad after their training is over. In his first address to…
Islamabad, Oct 20: Internet Suspensions in Pakistan Cause Growing Frustration Among Freelancers. Slow internet speeds and the suspension of mobile services are major problems for freelancers in Pakistan, and Peshawar in particular. Their freelancers’ livelihoods have been negatively impacted as their projects for overseas assignments have stalled. Slow internet speeds have been causing emotional hardship for weeks for individuals all around Pakistan. According to Peshawar’s digital specialist Waleed Paracha, these network outages have affected over 70% of the region’s jobs. Numerous young Peshawar freelancers are complaining that internet interruptions are directly causing their clientele to decline every day. They have…
Islamabad, Oct 20: The Game-Changing Smartphone of 2024 with Top-Tier Features. Realme GT6 has gained significant interest from tech enthusiasts within a short time due to it delivering great performance supported by remarkable design and innovation. As one of the most expected smartphones of 2024, the GT6 model of Realme comes to market with innovate specifications that revolutionize the users experience. Considering the new Snapdragon 8 Gen 3 for integrating the device, it delivers faster and seamless multitasking, heavy gaming, and the overall performance of the phone, which makes it one of the popular choices for all the consumers. Display:…
Islamabad, Oct 19: Poverty Climate Change Nexus Demands Urgent Integrated Action, Experts Urge. Munir Ahmed, executive director of Devcom-Pakistan, stated on Saturday that climate change is a serious threat to natural resources, disproportionately impacting the poor and feeding the cycle of poverty. The depletion of essential natural resources like water, soil, and biodiversity, as well as droughts, floods, and shifting weather patterns, disrupt agricultural production, which is frequently the main source of income for underprivileged communities, he said in his remarks as a guest speaker at the Islamabad Crescent Lions Club monthly meeting held here on Saturday. According to a…
