Islamabad, Feb 6: The Pakistani rupee (PKR) showed mixed results in the currency market today, closing in the green against the US Dollar (USD) after opening at 280 in the interbank market. Throughout the day, the rupee hovered between 278 and 281 against the dollar, eventually settling at 279.14 by the end of the trading session. In the open market, rates remained between 279 and 282. Despite the positive close against the greenback, the rupee experienced a bearish trend against most other major currencies during today’s session. The PKR depreciated by 0.07 percent on a day-on-day (DoD) basis, losing 19…
Author: Iqra Khan
Islamabad, Feb 6: GuGo Motors Pakistan is set to introduce an exciting new addition to the country’s growing electric vehicle (EV) market with the launch of the GuGo Box EV, scheduled for February 6. Originally known as the DongFeng Box, the GuGo Box EV will be available in three variants: E1, E2, and E3, each offering distinct performance levels and features. The E3 variant, in particular, stands out with its impressive specifications, making it a highly anticipated model in Pakistan’s electric car segment. GuGo Box EV E3 – Key Specifications The top-tier GuGo Box EV E3 variant is equipped with…
Islamabad, Feb 6: Authorities have officially renamed the Serena Chowk Interchange to Islamabad Jinnah Square, a move that serves to honor the legacy of Quaid-e-Azam Mohammad Ali Jinnah, Pakistan’s Father of the Nation. Along with the renaming, a statue of Jinnah has been installed at the site, further cementing his presence in the nation’s capital. Prime Minister Shehbaz Sharif inaugurated Jinnah Square two days ago, marking the completion of the road project. The new interchange features three underpasses, with one already open for traffic. The project has been designed to alleviate traffic congestion and improve the flow of vehicles in…
Islamabad, Feb 6: Australia’s preparations for the 2025 ICC Men’s Champions Trophy have been dealt a severe blow with the news that star pacers Pat Cummins and Josh Hazlewood have both been ruled out due to injury. This latest setback compounds the ongoing challenges faced by the ODI World Champions, who are already grappling with the absence of Mitch Marsh and the recent ODI retirement of Marcus Stoinis. Cummins, who also serves as the ODI captain, has yet to fully recover from the ankle injury he sustained during the 2024/25 Border-Gavaskar Trophy, while Hazlewood is sidelined with a hip issue…
Islamabad, Feb 6: The Pakistan Super League (PSL) has long been a source of excitement for cricket fans, especially with the anticipation surrounding its 10th edition. As part of the celebrations, the Pakistan Cricket Board (PCB) promised a unique and memorable logo design to mark a decade of the tournament’s success. However, when the logo was finally revealed, the reaction from fans was less than enthusiastic. The design, featuring a bold green “X,” appeared simplistic and unoriginal. Some fans even pointed out its striking resemblance to the “X” logo of Elon Musk’s rebranded Twitter. The criticism didn’t stop there soon…
Islamabad, Feb 6: The free solar system initiative launched by the Khyber Pakhtunkhwa government has garnered an overwhelming response, with more than 1.6 million individuals signing up for the program, according to the provincial energy department. The program aims to provide solar power systems to 130,000 qualifying applicants, with the rollout taking place in two phases. Each phase will see 65,000 recipients selected. The initiative is primarily designed to benefit those enrolled in the Benazir Income Support Program (BISP), a government scheme that assists low-income households. Under the initiative, households consuming up to 100 electricity units per month will receive…
Islamabad, Feb 6: The federal government has introduced a series of policy proposals aimed at revitalizing the housing sector, with a focus on generating employment, streamlining property transactions, and attracting greater investment. The Prime Minister’s Task Force for Development of the Housing Sector has been working on these recommendations, which are expected to provide much-needed relief to buyers and sellers while stimulating economic growth in the real estate industry. One of the major proposals under consideration is allowing non-filers to purchase properties valued at up to Rs. 10 million, a move aimed at expanding market participation. In addition, the government…
Islamabad, Feb 6: Cricket West Indies has announced its 2025 international calendar, featuring Pakistan’s men’s team for an exciting white-ball series in July and August. The tour will consist of six matches three T20Is in Florida and three ODIs in Trinidad. T20I Series (Florida) 1st T20I – July 31, 2025 – Broward County Stadium 2nd T20I – August 2, 2025 – Broward County Stadium 3rd T20I – August 3, 2025 – Broward County Stadium These T20Is will serve as key preparation for both teams ahead of the 2026 T20 World Cup, co-hosted by India and Sri Lanka. ODI Series (Trinidad)…
Islamabad, Feb 6: Pakistan and China have strengthened their economic cooperation by signing multiple Memorandums of Understanding (MoUs) in key sectors such as renewable energy, cement production, fertilizers, and coal gasification. On Thursday, Sindh’s Energy Department and China’s Ming Yang Renewable Energy Company signed an MoU to enhance collaboration on renewable energy projects across Pakistan. Another agreement focused on establishing a coal gasification and urea production plant to boost fertilizer production.
Islamabad, Feb 5: On Wednesday, Turkey’s Ambassador to Pakistan, Irfan Neziroglu, expressed his country’s steadfast support for the resolution of the Kashmir issue as a means to ensure regional peace. In a message marking ‘Kashmir Solidarity Day,’ he reaffirmed Turkey’s commitment to resolving the issue based on justice. Ambassador Neziroglu emphasized that the solution should align with the United Nations resolutions and reflect the aspirations of the Kashmiri people. He further stressed that the resolution of the Kashmir issue is crucial for the stability and peace of the entire region.
