Islamabad, Nov 7: PSX Surges Nearly 500 Points, Reaches Record High. The Pakistan Stock Exchange’s PSX 100-Index surged by 499.05 points to finish at a record high of 92,520.49 points on Thursday. On that day, 678,788,064 shares were exchanged, a decrease compared to 889,166,479 shares traded the prior day. The total value of shares amounted to Rs 24.827 billion, down from Rs 30.474 billion on the last trading day. A total of 449 companies engaged in share transactions within the stock market, with 257 experiencing gains and 145 facing losses, while the share prices of 47 companies remained unchanged. In…
Author: Iqra Khan
Islamabad, Nov 7: Nepal’s Outgoing Ambassador Meets PM Shehbaz Sharif for Farewell Visit. The departing Ambassador of Nepal to Pakistan, Tapas Adhikari, made a farewell visit to Prime Minister Muhammad Shehbaz Sharif at the PM House on Thursday. In their discussion, the prime minister emphasized Pakistan’s appreciation for its amicable relationship with Nepal. Remembering his encounter with Nepalese Prime Minister K. P. Sharma Oli during the UNGA meetings in New York earlier this September, he highlighted the importance of enhancing bilateral collaboration, especially in the areas of trade and investment. PM Shehbaz Sharif commended Ambassador Adhikari for his initiatives to…
Islamabad, Nov 7: Romina Emphasizes Pakistan’s Strong Commitment to Environmental Protection Initiatives. Coordinator to the Prime Minister on Climate Change, Romina Khurshid Alam, stated that Pakistan is prioritizing environmental conservation, climate and glaciological research, management of protected areas, ecotourism, and the socio-economic advancement of mountain communities. During a press conference co-hosted by the Ministry of Climate Change and EvK2CNR, which marked the launch of “The new inventory of 13,032 glaciers in Pakistan: the ‘glaciers and students’ project,” the PM’s aide praised the Italian government for its support to Pakistan, especially in Gilgit-Baltistan. She also noted the contributions of EvK2CNR and…
Islamabad, Nov 7: PM’s Youth Loan Scheme: Rs 12 Billion Disbursed to 7,102 Beneficiaries in Sindh. An amount of Rs 12 billion was allocated to assist 7,102 beneficiaries in Sindh from January 2023 to June 2024 through the Prime Minister’s Youth Business & Agriculture Loan Scheme to facilitate the initiation or expansion of their enterprises. As per official sources, in PM’s Youth Loan Scheme Rs 12 Billion Disbursed to 7,102 Beneficiaries in Sindh Rs 337 million has been allocated to 352 beneficiaries in Khairpur. In Tharparkar, Rs 89 million has been granted to 189 beneficiaries by the government. In Kambar…
Islamabad, Nov 7: Pakistan Sets World Record with Largest Human-Waving Flag Display. In an impressive display of solidarity and love for their country, students from the Lahore Garrison Education System have created a new world record for the biggest Largest Human-Waving Flag, showcasing Pakistan’s prominence. More than 10,000 students assembled to create the large, dynamic flag, far exceeding the previous record held by India. India had earlier established this record with 7,368 participants, who formed the largest human representation of a waving national flag of India. This accomplishment secured them a spot in the Guinness World Records. Pakistani students have…
Islamabad, Nov 7: Gold Prices in Pakistan Drop Sharply as Global Markets React to Trump Victory. Following a three-week low in the global market on Wednesday, when speculators piled into the US dollar following Donald Trump’s election as US president, the price of gold in Pakistan dropped by more than Rs. 5,000 per tola on Thursday. The Karachi Sarafa Association released data showing that the price of 10 grams dropped by Rs. 4,630 to Rs. 237,311 and the Gold Prices (24 carats) decreased by Rs. 5,600 per tola to Rs. 276,800. It is important to note that the price of…
Islamabad, Nov 7: Telenor Pakistan Hosts Expert Panel on Green Energy Transition to Boost Climate Action Initiatives. In accordance with its dedication to promoting green energy initiatives, Telenor Pakistan organized a panel discussion titled “Climate Change and Green Energy Transition.” The event brought together industry experts and leaders to examine the essential part businesses play in tackling climate issues and fostering sustainable energy practices throughout Pakistan. This panel discussion was co-hosted by The Pakistan Business Council’s Center of Excellence in Responsible Business (CERB) and took place at Telenor Campus 345 in Islamabad. Khurrum Ashfaque, CEO of Telenor Pakistan, opened the…
Islamabad, Nov 7: Chairman of the Capital Development Authority (CDA), Muhammad Ali Randhawa chaired a meeting to review the revamping of Pothwar Avenue. The meeting was attended by officers of concerned formations. The meeting was briefed that significant progress regarding anti-encroachment has been achieved along with the Pothwar Avenue where more than 290 permanent structures have successfully been removed so far. In this connection, the enforcement teams are carrying out regular surveillance, patrolling, and effective removal of illegal structures. The meeting also discussed the cleanliness and beautification plan for Pothwar Avenue. The meeting was further briefed that large-scale horticulture work…
Islamabad, Nov 7: Khyber Pakhtunkhwa Police, the Government of Japan and the United Nations Development Programme (UNDP) Pakistan jointly inaugurated newly constructed model police stations in the merged districts of Bajaur, Kurram, Mohmand, North Waziristan, and Orakzai. This marked the successful completion of a project funded by the Government of Japan and implemented by UNDP in partnership with Khyber Pakhtunkhwa Police, for improved policing services in the merged districts. Established by UNDP Pakistan’s flagship Rule of Law Programme, these Model Police Stations provide a range of new facilities to better serve the people of merged districts, including well-equipped and furnished…
Islamabad, Nov 7: Australia to Ban Social Media Access for Teenagers Under 16 to Enhance Online Safety. On Thursday, Prime Minister Anthony Albanese revealed that Australia plans to implement a law that will prohibit social media access for individuals under 16 years old. This anticipated legislation, which is set to be introduced late next year, represents a groundbreaking effort to safeguard children in the online environment and features some of the strictest regulations globally. The government is currently trialing a system for age verification to block underage users from accessing social media platforms. This system is a crucial part of…
