ISLAMABAD, AUGUST 12: The Aviation Ministry has chosen to begin looking into officials who may have been implicated in corruption inside the Civil Aviation Authority (CAA). According to sources, the decision was made in response to many allegations of “corruption” inside the CAA. The inquiry will also examine into direct hires made by the CAA, with a particular emphasis on the Flight Standards and SQMS divisions, where it is said that candidates with merit were passed over in the recruiting process. Sources further revealed that staff-level jobs and the hiring of Additional Directors, Aero-Medical Directors, and other Assistant Directors were…
Author: Mawadat Fatima
ISLAMABAD, AUGUST 11: In his video message, Senator Van Hollen said, “Hi, I’m Chris Van Hollen and I’m proud to represent the great state of Maryland in the United States Senate. And I’m very pleased to join all of you in celebrating Pakistan’s 77th Independence Day. Over the past 77 years, the people of the United States and the people of Pakistan have built strong bonds of friendship. And I look forward to doing my part to continue to strengthen our relationship. Throughout my life, I’ve experienced the generosity and warmth of the Pakistani people. And here in the United…
ISLAMABAD, AUGUST 11: In a recent statement on National Minorities Day, representatives of the Federation of Pakistan Chamber of Commerce and Industry (FPCCI) honored Pakistan’s minority population for their significant contribution to the nation’s growth and prosperity. In a statement on National Minorities Day, President FPCCI Atif Ikram Sheikh stated that minorities’ rights are fully protected by Pakistan’s Constitution. “Harmony is the only way to achieve national peace and stability, unity, and religious harmony. In his speech on August 11, 1947, Muhammad Ali Jinnah, the man who founded Pakistan, proclaimed minorities to be equal citizens. Muhammad Ali Jinnah, the Quaid-e-Azam,…
Islamabad, AUGUST 11: Pakistan’s Finance Minister, Senator Muhammad Aurangzeb, and Minister for Power, Sardar Awais Ahmad Khan Leghari, had high-level talks with Chinese authorities to discuss the issues facing the country’s energy industry. According to specifics, Minister Aurangzeb greeted the Chinese group and emphasized Pakistan and China’s strong and long-lasting partnership. He outlined the recent improvements in Pakistan’s economy, such as increased tax collection, decreased inflation, and a rise in foreign exchange reserves. In order to spur economic growth, the minister reaffirmed the government’s commitment to pursuing privatization initiatives and enacting major reforms in state-owned enterprises (SOEs). Pakistan’s request for…
ISLAMABAD, AUGUST 11: Users in Pakistan of WhatsApp and other social media apps are lamenting “disruption in services.” Users on WhatsApp are saying that they are having trouble downloading images, videos, and voice messages. WhatsApp is displaying the following message to certain users: “Couldn’t download the document.” Give it another go. If the issue persists, consider establishing a Wi-Fi connection. The Pakistan Telecommunication Authority, however, has minimized the persistent problems that the nation’s cellular subscribers are having with WhatsApp, blaming it on a potential “technical glitch.” A 2024 World Population Review estimate states that Pakistan has 52.3 million WhatsApp users.…
ISLAMABAD, AUGUST 11: The cost of a solar panel has abruptly decreased to Rs. 30-32 per Watt, the lowest amount in Pakistan’s history of this industry. Due to oversupply in the local market and a decline in global prices, solar panel prices have decreased. According to well-informed sources, the rate reduction is the result of a significant global drop in lithium battery sales. In the last year, the cost of lithium batteries has decreased by about half on the global market. Dry batteries haven’t experienced much of a rate reduction since importers have refused to decrease costs for local purchasers,…
ISLAMABAD, AUGUST 11: A number of significant adjustments are expected to be made regarding Pakistan’s participation in the MSCI Frontier Markets (FM) Index in the next MSCI review, which is set for August 12, 2024. The anticipated start date of these modifications is September 2, 2024. As per research published by Arif Habib Limited (AHL), the MSCI Frontier Markets (FM) Index is anticipated to include the following seven stocks: Sazgar Engineering Works Limited (SAZEW) Service Industries Limited (SRVI) Pioneer Cement Limited (PIOC) G. Khan Cement Company Limited (DGKC) Fauji Fertilizer bin Qasim Limited (FFBL) Fauji Cement Company Limited (FCCL) Faysal…
ISLAMABAD, AUGUST 11: The plea of twelve top Inland Revenue Service personnel who contested their transfers to the Federal Board of Revenue’s (FBR) Admin Pool was denied by the Sindh High Court (SHC). The findings state that the FBR recently transferred a number of tax officials to a shared pool on the basis of internal standards including reputation, performance, and integrity. During the last week of July 2024, the court’s summer holiday, twelve policemen stationed in Karachi opposed this transfer in the Sindh High Court and won stay orders. After hearing the issue in detail, the court dismissed the civil…
ISLAMABAD, AUGUST 10: Over the past year, there has been a 14% increase in financial troubles among Pakistani urban households. As a result, a startling 74% of Pakistan’s urban population is unable to fulfill their monthly obligations with their present income. According to the most recent Pulse Consultant study, this is a considerable increase from May 2023, when 60% of households reported having financial difficulties. Of those who are now having financial difficulties, 60% have had to reduce spending on necessities, such as groceries, and 40% have turned to borrowing money from friends and family. In addition, 10% of people…
ISLAMABAD, AUGUST 10: Before Pakistan’s Independence Day on August 14, Punjab Police’s Animal Rescue Center, or PARC, has revealed a new project. According to a statement made by PARC, mistreating or abusing animals in any way is forbidden and must be reported. You can report any incident of animal abuse by calling 03285804921. We asked renowned animal rescuer Yair Salman, the guy behind PARC, for his thoughts on the project. Salman disclosed that on August 14, PARC has more in store than just an animal rescue hotline. Senior Punjab Police personnel and PARC will collaborate to launch a comprehensive effort…