ISLAMABAD, AUGUST 20: The Ministry of Industries and Production and the Ministry of Energy (Petroleum Division) were dissolved on Monday by the Senate Functional Committee on Devolution. After examining the financial results of these ministries over the preceding two fiscal years, the committee decided to approve this. Concerns over Pakistan Steel Mills (PSM) operations and investments were also brought up by the committee. In addition, the topic of PSM’s 440 million rupee gas bill came up for discussion, and representatives made it clear that the gas supply to the losing company had been cut off. In addition to reviewing the…
Author: Mawadat Fatima
ISLAMABAD, AUGUST 20: The Civil Aviation Authority (CAA) has implemented additional safety protocols for foreign airlines landing at Karachi’s Jinnah International Airport due to the growing risk of monkeypox. The CAA’s directives compel that ground handling staff and foreign airline employees wear masks at all times, and they also require airlines to provide face masks to all passengers. Additionally, the government has highly recommended that travelers and airport employees should use hand sanitizers. Additionally, every piece of luggage from foreign arrivals must be fully sanitized. The CAA has ordered that traveler exhibiting monkeypox symptoms be segregated in accordance with Border…
ISLAMABAD, AUGUST 20: A significant fare cut has been announced by Pakistan International Airlines (PIA) for flights between Karachi and Jeddah and Madinah. According to a PIA representative, the national carrier has lowered prices by 30% to make travel more affordable for customers. A one-way trip from Karachi to Jeddah or Madinah costs Rs. 56,000, taxes included, under the updated tariff structure. These days, a round-trip ticket from Karachi to any Saudi city costs Rs. 88,000, including taxes. A representative for PIA stated that reservations for seats at the discounted price can be made through August 31, 2024. When using…
ISLAMABAD, AUGUST 20: At an event in the New York City borough of Brooklyn, Pakistani Americans turned out in force to commemorate Pakistan’s 78th Independence Day with great enthusiasm. The Pakistani American Merchants Association arranged the “Brooklyn Mela,” which took place on Coney Island Avenue in the borough, also referred to as “Little Pakistan.” Men, women, and children displayed Pakistan’s rich cultural legacy with lively activities, traditional music, and cultural performances, all while donning the country’s traditional attire. There was also food vendors set up throughout the area, offering typical Pakistani fare. The Coney Island Avenue neighborhood is home to…
ISLAMABAD, AUGUST 20: Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Tuesday. CURRENCY SELLING BUYING USD 281.08 275.57 GBP 364.88 357.70 EUR …
ISLAMABAD, AUGUST 20: The Pakistan Education Endowment Fund was created by the government, according to Prime Minister Shehbaz Sharif, to help students from low-income families pursue higher education. During a meeting with Israr Khan Kakar, the recently elected President of Oxford Union at Oxford University in the United Kingdom, the prime minister announced that the Pakistan Education Endowment Fund had set aside 20% for the youth of Balochistan.
ISLAMABAD, AUGUST 20: The Punjab Disaster Management Authority (PDMA) issued a warning that the current month may see more rain in South Punjab, particularly the Bahawalpur division. If an emergency-like situation arose as a result of heavy rainfall, PDMA advised the relevant authorities to make the required preparations to conduct rescue and relief operations. “The coming days are very important as South Punjab may receive more rains due to hydro-meteorological conditions, which can affect downtown areas,” stated Irfan Ali, Director General of the PDMA. But since rivers were not experiencing a high flash flood at the time, he denied that…
ISLAMABAD, AUGUST 20: The World Cricketers’ Association (WCA) has begun a comprehensive study with the objective of resolving the “broken and unsustainable” status of the cricket schedule for the current calendar year. The WCA, formerly known as FICA, is working to find a way to make domestic leagues and international cricket compatible so that both can run concurrently on a logical worldwide schedule. The review team, which consists of prominent individuals including former Pakistan women’s captain Sana Mir and chief executive of the England and Wales Cricket Board Tom Harrison, will work with outside consultants. Prior to making proposals to…
ISLAMABAD, AUGUST 20: According to government papers reviewed by Bloom Pakistan, since the trade ban in August 2019, Pakistan has solely imported life-saving medications from India. In 2023–24, Pakistan imported $278 million worth of goods from India, but for the fourth year in a row, its exports were worth zero dollars. Pakistan’s imports totaled $352 million in FY22 but dropped sharply to $27.6 million in FY23. From FY13 to FY19, Pakistan’s average yearly export to India was $300 million, while its average annual import was $1.5 billion. Both countries froze their bilateral commerce in August 2019. Since August 2019, official…
ISLAMABAD, AUGUST 20: The Commissioner of the IR Corporate Tax Office in Islamabad, Faisal Mushtaq Dar, has been served with a contempt of court show cause notice by the Islamabad High Court (IHC) for making misleading representations in court regarding the enforcement of directives made by the Federal Tax Ombudsman. Bloom Pakistan was informed by sources that the IHC has issued a stern order against FBR Commissioner, CTO, Islamabad, for failing to appear in person on August 29, 2024, due to a contempt of court case. Let a show-cause notice be issued to respondent Muhammad Faisal Mushtaq Dar, CIR, Islamabad,…
