Islamabad, Sep 13: Rupee Gains for Fourth Day After IMF News It closed the green against the greenback after remaining steady all day. During today’s session, it recorded losses compared to the majority of the other major currencies. The interbank rate closed at 278/$, where it had spent the majority of the day. Today’s open market rates were rigidly set at the 278 level across a number of currency exchanges. The Pakistani rupee gained 27 paisas versus the US dollar today, and it appreciated by 0.10 percent to settle at 278.1. Thus far this fiscal year, the rupee has lost…
Author: Mawadat Fatima
Islamabad, Sep 13; The Met Department has issued a weather forecast indicating that most parts of Pakistan will experience hot and dry conditions over the coming days. However, varying weather patterns are expected in different regions. In Islamabad and its surrounding areas, the weather forecast is predicted to be partially cloudy, with a chance of rain accompanied by strong winds and thunder in the evening and night. Coastal areas of Sindh are also expected to remain partly cloudy. Rainfall is anticipated in several northern and central regions. In the evening, areas such as Murree, Galiyat, Rawalpindi, Sargodha, Khushab, and Nurpur…
Islamabad, Sep 13: PTA Blocks 5,300 Mobile Phones in FY24. Furthermore, 4,507 International Mobile Equipment Identity (IMEI) numbers linked to illegal use have been blocked by the authorities. 113 national ID cards were blacklisted as part of the raid, while 19,730 mobile phones that were discovered to be connected to various unlawful acts were warned. SIMs involved in illegal activities are reported to the PTA under different categories. In matters related to national security, the blocking of SIMs is conducted under directives from the Ministry of Interior (MoI), Directorate General ISI, and Signals Directorate GHQ. Following a directive from the…
Islamabad, Sep 13: Suzuki GD 110S on Installments With 0% Mark-Up Suzuki has introduced an exciting offer for its GD 110S model, allowing customers to experience the thrill of riding with a flexible payment plan. Priced at Rs. 352,000, the plan includes a 0% mark-up and only requires a 25% down payment, making it easier for motorcycle enthusiasts to own this reliable bike. With a 24-month installment plan, customers can enjoy manageable monthly payments without any additional costs, bringing affordability and convenience together. Specifications of Suzuki GD 110S: Dimensions Overall Length 1,900 mm Overall Width 750 mm Overall Height 1,050…
Islamabad, Sep 13: KP Intermediate Results: Girls Outshine Boys. At a ceremony held on Thursday at the Board of Intermediate and Secondary Education (BISE) Abbottabad for top-performing students, the eight educational boards in Khyber Pakhtunkhwa simultaneously announced the results of the Higher Secondary School Certificate (HSSC) examinations. 56,117 out of the 61,217 students that took the HSSC Part II test at BISE Peshawar passed, yielding a 92% pass percentage. In a similar vein, 50,207 out of 62,886 students who sat the Part-I exam passed, yielding a 79.83 pass rate. But the Part-I pass percentage was incorrectly stated in the official…
Islamabad, Sep 13: Good News for AIOU Students as PM Laptop Scheme Announced. The National Assembly was given assurances on Thursday by Khalid Maqbool Siddiqui, Minister for Federal Education and Professional Training, that Allama Iqbal Open University (AIOU) students would be part of the Prime Minister’s Laptop Scheme. Shahida Begum brought up a calling attention notice on AIOU students being left out of the program. The minister responded by saying that the PM’s Laptop Scheme has not yet been decided upon in its entirety. He told the assembly, nevertheless, that this matter will be discussed and decided upon. Siddiqui highlighted…
Islamabad, Sep 13: ADB Approves $320 Million Loan for KP Roads The 900 kilometers of rural roads in the province that are in bad condition and vulnerable to flooding will be upgraded as part of the Khyber Pakhtunkhwa Rural Roads Development Project. These encompass important roads that connect markets, healthcare, and education to isolated villages. The project includes steps to improve road safety, use sustainable maintenance techniques, and incorporate climate-resilient architecture. “In Pakistan, ADB Approves $320 Million Loan for KP Roads socioeconomic growth and serves as a lifeline for the populace. Millions of people in Khyber Pakhtunkhwa will have more…
Islamabad, Sep 13: FBR to Freeze Accounts Over Incorrect Tax Returns. In addition, the FBR has suggested outlawing the purchase of automobiles and real estate, cutting off utilities, and severely penalizing taxpayers who submit inaccurate or deficient tax forms. The goal of Member Inland Revenue (Operations)’s proposed policy adjustments is to reduce tax non-compliance, especially from individuals who file false or incomplete tax returns. These policies would encompass both sales tax and income tax, and they would be applicable to all parties, including Tier-1 merchants and manufacturers. Disconnection of utilities of all those filing incorrect or incomplete returns. Freezing bank…
Islamabad, Sep 13: KIBOR rates decline further by 25-119 basis points (bps) across all tenors on Friday following the central bank’s move to cut the key interest rate by 200 bps a day earlier. On a daily (DoD) basis, the 6-Month Karachi Inter-Bank Offered Rate (KIBOR) decreased by 57 basis points. The State Bank of Pakistan (SBP) reports that following the mid-week monetary policy statement that reduced the loan rate to 17.5 percent, the 6-month KIBOR came in at 17.1 percent. The other popular 3-Month KIBOR was recorded at 17.34 percent, down 48 bps. To 16.94 percent, the 1-year KIBOR…
Islamabad, Sep 13: The Galaxy S25 Ultra is expected to launch next year in January. Everyone is eager to see how they will respond to it. Along with its twin brothers, the Samsung Galaxy S25 and Galaxy S25+, the rumors and leaks about the Galaxy S25 Ultra have already begun to circulate. Samsung Galaxy S25 Ultra key specifications Samsung’s Galaxy S25 Ultra is lighter and more elegant with a redesigned flat-sided design and a somewhat larger 6.9-inch screen than prior generations. Depending on the location, it can operate on either the Exynos 2500 or the Snapdragon 8 Gen 4 processor.…
