Author: Mawadat Fatima

Islamabad, Sep 20: Nadra Fee Update September 2024 Smart ID card is an essential biometric identification for Pakistani nationals, facilitating access to various services in banking, telecom, and government sectors. Here are some key points regarding the Smart ID card: Importance of the Smart ID Card Service Access: Simplifies access to banking, telecom, and government services. Fraud Reduction: Ensures accurate delivery of government subsidies and welfare benefits. Financial Inclusion: Promotes the opening of bank accounts and facilitates tax processes. Renewal Requirements Citizens should renew their Smart ID Cards before or shortly after expiration to maintain access to services. Issuance and…

Islamabad, Sep 20: Prime Minister Muhammad Shehbaz Sharif on Thursday said the second phase of the China Pakistan Economic Corridor (CPEC) would help Pakistan transform its economy. “We are entering into the second phase of CPEC which has huge potential of mutual cooperation in the field of agriculture, Information Technology, mines and minerals and many other important areas of mutual interests,” the prime minister said while addressing an event organized by the Chinese Embassy here to commemorate China’s 75th anniversary. He congratulated the Chinese government and its citizens, emphasizing China’s status as a global power and a vital partner in…

Islamabad, Sep 20: The Champions One-Day Cup is set to captivate cricket enthusiasts with a lineup of top domestic and international teams, making it one of the most anticipated tournaments of the season. Champions One-Day Cup Fans around the world are eager for the competition to begin, expecting intense rivalries and memorable performances from some of the best cricketers. This year’s edition comes with innovative changes in match formats, designed to add a fresh twist to the games, ensuring that both players and spectators remain engaged and entertained throughout. Date Match Venue Time (Local) Sept 25 Team A vs Team…

Islamabad, Sep 20: England vs Australia claimed a dominant seven-wicket victory over England in the first ODI at Trent Bridge, taking a 1-0 lead in the five-match series. England vs Australia, Head’s 154 Secures 7-Wicket Win in 1st ODI saw Australia ease through their chase, finishing the game with 10 overs to spare. He was well-supported by Marnus Labuschagne, who remained unbeaten on 77, with the pair adding an unbroken partnership of 148 runs in just under 18 overs. Earlier, England had set a challenging total of 315 thanks to Ben Duckett’s knock of 95, but they were bowled out…

Islamabad, Sep 19: Cryptocurrency continues to be one of the most significant investment avenues in the last decade. As of September 19, 2024, notable updates have been observed in the exchange rates of key cryptocurrencies like Bitcoin (BTC), Dogecoin (DOGE), and Ripple (XRP). These reflect the current market trends in both the Pakistani Rupee (PKR) and US Dollar (USD) markets. Bitcoin (BTC) Price Update: PKR Market: PKR 16,791,765.50 (as of 7:15 AM PST) Previous Close (Sept 17, 2024): PKR 16,805,087.16 Movement: Slight decrease USD Market: $60,236.78 Previous Close: $60,284.56 Dogecoin (DOGE) Price Update: PKR Market: PKR 28.01 Previous Close: PKR…

Islamabad, Sep 19: UAE Launches Recruitment Campaign to Hire for Ministry of Defense. The campaign seeks to attract individuals for both combat and administrative roles. Eligibility Criteria: Citizenship: Must be a UAE citizen. Medical Fitness: Second-degree fitness required for combat roles. Third-degree fitness needed for administrative positions. Age: 18 to 34 years for new recruits. Up to 39 years for those returning to service. Education: Minimum requirement is completion of sixth grade. Conduct: Must have a good conduct record. Contact Information: For additional details or inquiries, interested individuals can reach out to the MoD at: Phone: 050 1069202 Phone: 02…

Islamabad, Sep 19: The Pakistani rupee (PKR) continued its upward trend for the 7th consecutive day against the US Dollar (USD), maintaining stability at 278 PKR/USD in the interbank market. Despite this appreciation against the USD, the PKR experienced losses against most major currencies. Key Points: PKR Against USD: The PKR appreciated by 0.03% today, closing at 277.91 PKR/USD. This represents a gain of 13 paisas against the USD. The interbank rate remained stable at 278 PKR/USD throughout the day, with open market rates also aligning at 277-278 PKR/USD. PKR Against Other Major Currencies: Euro (EUR): The PKR lost 35…

Islamabad, Sep 19: In August 2024, Pakistan saw a significant decline in power generation, falling by 17.4% year-over-year (YoY) to 13,179 gigawatt-hours (GWh) and 11.4% month-over-month (MoM) from 14,880 GWh in July 2024. This decline is expected to increase capacity charges for the second quarter of FY25. Despite a decrease in fuel costs by 9.3% YoY to Rs. 7.49 per unit, power generation efficiency varied across different sources. Key Points: Power Generation Decline: Power generation decreased by 17.4% YoY to 13,179 GWh in August 2024, and 11.4% MoM from 14,880 GWh in July. For the first two months of FY25,…

Islamabad, Sep 19: Pakistan’s external account position remains vulnerable despite the latest International Monetary Fund (IMF) program, Minister of State for Finance Ali Pervaiz Malik told the National Assembly Committee on Finance on Thursday. Pakistan’s Finance Minister Muhammad Aurangzeb has highlighted the country’s pressing financial requirements, indicating that Pakistan needs an additional $12 billion by 2027 on top of the $7 billion IMF program. He stressed the importance of developing a long-term economic policy to stabilize the economy. Reducing the policy rate by 1% could decrease the loan burden by Rs. 320 billion. The country’s financial needs exceed the current…

Islamabad, Sep 19:  124 Nations Back End to Israel’s Occupation of Palestine. This resolution garnered support from 124 countries, with 43 abstentions and opposition from Israel, the United States, and 12 other countries. The resolution is set against the backdrop of ongoing conflict and is set to impact discussions at the upcoming UN gathering in New York. Key Points: Resolution Details: The resolution demands Israel’s withdrawal from Palestinian territories and acknowledges the International Court of Justice’s (ICJ) advisory opinion from July, which deemed Israel’s occupation illegal. The resolution also calls for an end to importing products from Israeli settlements and…