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Author: Mawadat Fatima
Islamabad, Sep 15: Petrol Prices in Pakistan Expected to Drop Significantly Today. According to sources, the Oil and Gas Regulatory Authority (OGRA) has suggested the Ministry of Finance a cut in prices by Rs6 to Rs10 per litre. They said the OGRA took into account the reduction in crude prices in global market from September 1 to 14 which comes between Rs8 and Rs12 a litre in Pak rupees. They, however, said that reduction in petroleum prices may be around Rs2 to Rs5 per litre as the government is under IMF pressure as its board will meet on September 25…
Islamabad, Sep 15: The Asian Development Bank (ADB) has recommended that Pakistan adopt India’s “Understanding of Lifelong Learning for All in Society” (ULLAS) scheme to address its failing education system. This suggestion was made in response to Pakistan’s request for financial aid to improve education quality and address the issue of millions of out-of-school children. The ADB emphasized a collaborative approach between the federal and provincial governments for providing essential skills that include foundational literacy, digital literacy, financial literacy, healthcare awareness, and family welfare. The ADB also proposed supporting school meal programs in provinces such as Baluchistan and Khyber Pakhtunkhwa,…
Islamabad, Sep 15: The State Bank of Pakistan (SBP) has proposed performance-based Incentives Proposed to Boost Remittances through formal banking channels. An additional reimbursement of 8 SAR per incremental eligible transaction would be made for growth up to 10% or $100 million over the previous year, whichever is lower. A further reimbursement of 7 SAR would be provided for growth exceeding 10% or $100 million. Concerns were raised during the meeting about whether a cost-benefit analysis had been conducted, as the scheme could have significant financial implications for the national exchequer. In response, the central bank clarified that this scheme…
Islamabad, Sep 15: Prime Minister Muhammad Shahbaz Sharif has reaffirmed the country’s unwavering commitment to democracy, constitutionalism, rule of law, and human rights on the occasion of International Day of Democracy. The prime minister stressed in a message that democracy was an essential component of human society. “Our government’s commitment to constitutionalism, democracy, rule of law and human rights is firm and unwavering. “Adherence to these democratic values is our calling as a nation,” he added. The prime minister called for continuing the efforts to build a more inclusive, just, and equal world for all. “Together, we can strengthen the…
Islamabad, Sep 15: The ninth edition of the ICC Women’s T20 World Cup is less than three weeks away. And to celebrate the beginning of this special event, ICC launched a series of campaign films ‘Whatever it takes’, starring superstars like India captain Harmanpreet Kaur, her teammate Shafali Verma, and Sri Lanka captain Chamari Athapaththu. The film is a celebration of the women’s game and showcases their inspiring journeys of big successes and overcoming even bigger challenges. It also captures the excitement surrounding the tournament, which will be played from 3 to 20 October. “The ICC Women’s T20 World Cup…
Islamabad, Sep 15: : Prime Minister Shehbaz Sharif on Saturday instructed relevant authorities to formulate a detailed financial framework for electric vehicles by November this year and streamline licensing regulations for their manufacturing in Pakistan. The prime minister presided over a meeting and gave the go-ahead for authorities to hold crucial discussions about the electric car policy with the Finance Ministry, State Bank of Pakistan, all provinces, federal agencies, and pertinent parties. “The government is prioritizing the promotion of electric vehicles in the country,” Shehbaz added. These automobiles will improve the environment in addition to saving significant foreign cash by…
Islamabad, Sep 15: Khyber Pakhtunkhwa Police Ban Social Media for Officers. The letter made clear that accessing TikTok, Instagram, WhatsApp, YouTube, and other social media platforms is forbidden for officers and officials. In keeping with worries about standard operating procedure (SOP) violations, the directive also prohibits posting police badges or other identifiable evidence on social media. The letter requests departmental action against individuals who violate the new policy, noting that multiple officers have been found to be in violation of these SOPs. The police hierarchy has made it clear that using social media puts officers’ safety at danger and damages…
Islamabad, Sep 15: WhatsApp has rolled out a new feature for its Android beta users that simplifies the process of transferring community ownership. Previously, transferring ownership of a WhatsApp community involved a cumbersome procedure that required creating a new community and asking members to migrate, often leading to confusion and potential loss of members. The newly introduced feature allows community owners to transfer leadership more efficiently. Users of WhatsApp beta version 2.24.19.34 will now find an “Assign new owner” button under the community settings. This function enables the current owner to designate another member as the new community leader, transferring…
Islamabad, Sep 15: Govt Applies Essential Services Act in DISCOs. The Essential Services Act has reportedly been in effect at DISCOs, NTDC, and GENCOs for six months in order to keep workers from going on strike while the Pakistani government plans to privatize these financially troubled state-owned companies. According to sources, the statute also restricts union activity within NTDCs, GENCOs, and DISCOs. While unions and employees of GENCO, DISCO, and NTDC are expected to demonstrate, sources suggest that any violation of the Essential Services Act will have dire repercussions. On August 2, following the Ministry of Energy’s announcement of a…