Islamabad, Aug 22: Against the US dollar, the Pakistani rupee fell by 0.01% during Thursday’s interbank market opening hours, but otherwise stayed relatively steady. The currency was down Re0.03 against the US dollar at 10:20 a.m., trading at 278.55. As of Wednesday, the State Bank of Pakistan (SBP) reports that the rupee’s value compared to the US dollar was 278.52. The local currency has mostly hovered between 277 and 279 versus the dollar in recent months as traders watch certain encouraging signs. Globally, the US dollar fell to levels not seen in almost a year versus the euro and sterling…
Author: Mawadat Fatima
Islamabad, Aug 22: Details show that the government is steadfast in its promise to provide individuals in need with high-quality homes as soon as possible. The availability of a PKR 15 lac interest-free loan is one of the “Apni Chat Apna Ghar” scheme’s most important aspects. The purpose of this loan is to make it possible to buy 10 marla plots in rural areas and 5 marla plots in urban areas. To further alleviate applicants’ financial strain, the initiative offers a three-month grace period during which no payments are needed. The scheme’s cost was also emphasized by Chief Minister Nawaz,…
Islamabad, Aug 22: Speaker of the National Assembly Sardar Ayaz Sadiq declared that Pakistan is dedicated to enhancing parliamentary engagement as a means of further fortifying bilateral ties with Belarus. During an encounter in Minsk with Igor Sergeyenko, the Speaker of the House of Representatives of the National Assembly of the Republic of Belarus, Ayaz Sadiq declared, “This visit represents a significant advancement in our partnership.” We are excited to build on the foundations established throughout the last 30 years of diplomatic ties and really appreciate your welcome. According to a news release issued today, the speaker stressed the significance…
Islamabad, Aug 22: The Federal Board of Revenue (FBR) has made the decision to impose strict guidelines on choice postings. According to the FBR circular, there is a culture of using influence to get transfer postings, and this practice is compromising the institution’s credibility. FBR cautions that “such behavior may lead to dismissal.” The top tax collection organization stated, “FBR decides to take action by suspending such officers and officials and exercising influence will be considered misconduct.”
Islamabad, Aug 22: Rizwan Saeed Sheikh, Pakistan’s ambassador-designate to the US, took up his new role on Wednesday and declared that his main goals would be to fortify economic connections, improve people-to-people interactions, and solidify the US-Pakistan friendship. In his address to the mission officers, he also emphasized the value of the Pakistani community in the United States, calling them its most precious resource. According to Ambassador Sheikh, the community was acting as a solid link in the relationship between Pakistan and the United States, and every attempt should be taken to guarantee that the community receives improved services. The…
Islamabad, Aug 22: Protests and a cricket match caused traffic difficulties in Islamabad and Rawalpindi; important routes were closed, and Metro Bus service was halted. The twin towns of Islamabad and Rawalpindi have been placed under a traffic alert due to tomorrow’s scheduled cricket match and planned protest. The Islamabad police have already put in place a number of measures, such as closing important thoroughfares, to protect the public and efficiently control traffic. The most recent information is that containers have been positioned to block traffic at Express Chowk (near D-Chowk) and NADRA Chowk, causing them to be closed off.…
Islamabad, Aug 22: Authorities in Islamabad have closed off the Red Zone in reaction to the rising political unrest in the nation’s capital. The zone, which is home to important government buildings and foreign embassies, is closed late at night as part of increased security meant to preserve public calm. The Ministry of Interior declared via a tweet that all of Islamabad’s educational institutions, both private and public, will be closed today, August 22. The decision was taken in view of the tumultuous circumstances that are now present in the metropolis, according to the Deputy Commissioner of Islamabad. The Interior…
Islamabad, Aug 21: On the first day of the first Test match between Pakistan and Bangladesh in Rawalpindi, Saud Shakeel accomplished a noteworthy milestone when he became the joint fastest Pakistani batter to amass 1,000 runs in Test cricket. In just 20 innings, Shakeel equaled the record set by Saeed Ahmed in 1959 with this incredible performance. Ahmed had accomplished the same feat in Karachi during a Test match against Australia. Shakeel’s accomplishment puts him in an exclusive category of cricket players and highlights his ability to be a vital member of Pakistan’s team and his reliable performance. At the…
Islamabad, Aug 21: By the end of this year, the State Bank of Pakistan (SBP) will replace all of the current currency notes, which now range from Rs. 10 to Rs. 5,000, as Governor Jameel Ahmed told the Senate Standing Committee on Finance and Revenue on Wednesday. The governor announced plans to introduce new currency notes made of polymer, which will be purchased with approval from the federal cabinet. The first step in the procedure, which aims to stop counterfeiting, will entail a test note made of polymer paper. The governor clarified that the new notes will be distributed nationally…
Islamabad, Aug 21: On August 26, another monsoon spell is predicted to arrive in Sindh, a Met official was quoted by ARY News on Wednesday. Karachi’s weather is now being influenced by breezes from the west and southwest, which produce comfortable conditions with cloud cover and intermittent drizzle. According Pakistani meteorologist Anjum Nazir Zaighum, the monsoon system is expected to arrive in Sindh on August 26 and bring heavy rain to Karachi on August 27 and 28.Even though the monsoon season is still going on, Karachi should only have light showers and a moderate amount of rainfall. The majority of…