In Lahore, Pakistan, there has been a notable improvement in the country’s economic situation, as indicated by recent data revealing a surge in optimism and confidence among the population. Recent statistics show a significant change in public sentiment, with the number of Pakistanis expressing confidence in the country’s positive direction increasing from 12 percent to 18 percent – the highest level recorded in the past two years. Additionally, concerns about inflation, which have long been a focal point, have noticeably decreased. Only three in ten Pakistanis now cite inflation as their primary worry, marking the lowest figure in the last…
Author: WebDesk
During a live concert at the Etihad Arena in Abu Dhabi on June 2, 2024, Atif Aslam paid a heartfelt tribute to the legendary Abida Parveen. The electrifying performance, witnessed by thousands of music enthusiasts, was made unforgettable as the two musical icons graced the stage together. Atif took to Instagram to share a short video capturing the magic of the evening. The clip depicted Atif and Abida deeply engrossed in a soulful rendition of the renowned Sufi qawwali, Lal Meri Pat. Abida, revered as one of the greatest Sufi singers of all time, showcased her powerful voice while seated…
Amid escalating tensions in Gaza, Turkish Foreign Minister Hakan Fidan embarked on a visit to China, following the 10th ministerial conference of the China-Arab States Cooperation Forum. Chinese analysts believe that besides enhancing bilateral cooperation, China will collaborate with Turkey and other regional powers to facilitate a sustainable cease-fire in the Palestinian-Israeli conflict. During his visit, Fidan met with Chen Wenqing, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee, and head of the Commission for Political and Legal Affairs of the CPC Central Committee. They reaffirmed their commitment to elevating security cooperation between…
On Monday, Chairman Senate Syed Yousaf Raza Gilani urged concerted efforts to leverage sports as a catalyst for positive societal change. Speaking at an event held at Parliament House to honor an international football delegation, Gilani emphasized the transformative power of football. He noted that football transcends boundaries, unites cultures, and kindles passion worldwide. Gilani highlighted Pakistan’s potential in football, citing abundant talent and enthusiasm. He stressed the need for professional coaching and support to nurture world-class players and elevate Pakistan’s standing in international football. Expressing optimism about football’s growing popularity in Pakistan, Gilani lauded the Pakistan Football League (PFL)…
Islamabad: Pakistan’s finance minister, Muhammad Aurangzeb, has emphasized the necessity of directing investment towards technology during a meeting with an official from McKinsey global management consultancy firm, as announced by the Pakistani finance ministry on Monday. This initiative aims to initiate a cultural shift towards digital governance, ultimately aiding the government’s tax collection endeavors. In May, Pakistan entered into an agreement with McKinsey and Company to digitalize its tax system, as part of its reform efforts amidst discussions with the International Monetary Fund (IMF) for a new bailout program. Pakistan’s Federal Board of Revenue (FBR) had highlighted the country’s narrow…
Billions of rupees of black money flooded into the real estate sector when former Prime Minister Imran Khan introduced incentives for tax evaders, allowing them to legalize their illicit funds. This led to an artificial boom in the sector. Observing the market dynamics, hundreds of thousands of ordinary people with moderate incomes also entered the fray, hoping to invest in property for their children’s future needs. However, they were misled as major investors sold off their properties to individual buyers, leaving them in distress. Some invested their retirement savings, while others used their accumulated savings or provident fund money, all…
In New York, Sri Lanka won the toss against South Africa on Monday and elected to bat first in the fourth match of the ICC T20 World Cup 2024. The game is being held at Nassau County International Cricket Stadium. Both teams are eagerly anticipating today’s match. Here are the possible line-ups: Sri Lanka: 1. Pathum Nissanka 2. Kusal Mendis (wk) 3. Kamindu Mendis 4. Sadeera Samarawickrama 5. Charith Asalanka 6. Angelo Mathews 7. Wanindu Hasaranga (capt) 8. Dasun Shanaka 9. Maheesh Theekshana/Dilshan Madushanka 10. Dushmantha Chameera 11. Matheesha Pathirana South Africa: 1. Quinton de Kock (wk) 2. Reeza Hendricks…
In Moscow, a group of Russian women staged a small but significant protest outside the Defence Ministry in Moscow on Monday, demanding the return of mobilized soldiers from the front lines in Ukraine. For months, various groups of Russian women have organized occasional demonstrations to pressure authorities into bringing back their husbands, sons, and brothers, who were mobilized following a decree by President Vladimir Putin in September 2022. One of the participants in Monday’s protest, who identified herself as Paulina, informed Reuters that the group of 18 women had gathered to personally appeal to Defence Minister Andrei Belousov, an economist…
Is there a looming sense of darkness over Pakistan’s education sector? It seems we’re struggling to progress, often taking steps backward. Positive news about education is rare; instead, we’re inundated with negativity and dismay. Recent discussions in educational circles are disheartening. It’s reported that the federal government has reduced the annual budget for the Higher Education Commission (HEC) for the upcoming fiscal year 2024-25 from Rs65 billion to Rs25 billion. Previously, these funds adequately supported 160 public universities nationwide. Now, these funds will be directed solely to federally administered universities. For decades, we’ve debated education budgets, always demanding more allocations.…
In Islamabad, sources close to the matter revealed that a consortium comprising six companies has been given pre-qualification status for the privatization of Pakistan International Airlines (PIA). This decision was reached during a Privatisation Commission Board meeting chaired by Federal Privatization Minister Aleem Khan. The companies forming the pre-qualified consortium are now eligible to partake in the bidding process for PIA. During the meeting, Aleem Khan stressed the government’s dedication to conducting a transparent and effective privatization process for all state-owned entities incurring losses. To uphold transparency and instill trust, Khan suggested broadcasting the privatization proceedings live on media platforms,…