ISLAMABAD – Local currency plunged to lowest ever level on Wednesday, as US dollar for the first time in Pakistan’s history went beyond Rs200 benchmark in open market mainly due to uncertainties on political as well as economic fronts. In the open market, the US currency was being traded at …
Read More »Terrorist killed in North Waziristan IBO, soldier martyred in IED blast
Security forces on Thursday conducted an Intelligence Based Operation in general area Mir Ali, North Waziristan District. According to a statement issued by the Inter-Services Public Relations (ISPR), during intense exchange of fire, one terrorist got killed. The killed terrorist was identified as Muhammad Altaf. Weapon and ammunition was also …
Read More »Scientists design aerial-aquatic robot, inspired by remora fish
BEIJING, May 19 : A team of Chinese scientists along with their international counterparts have designed a robotic drone capable of crossing the air-water boundary and hitchhiking on surfaces. The scientists from Beihang University and Imperial College London drew inspiration from remora fish, a family of species known for their …
Read More »Govt committed to provide friendly environment to investors: Miftah
ISLAMABAD, MAY 19 : Federal Minister for Finance and Revenue, Miftah Ismail said here on Thursday that the incumbent government was committed to provide conducive and friendly environment to the investors and businessmen for the growth of economic activity and enhancement of exports. In a meeting with the Vice Chairman …
Read More »Seven additional LNG cargoes procured to meet country’s energy needs: Musadik
ISLAMABAD, May 19 : Minister of State for Petroleum Dr Musadik Masood Malik on Thursday said the government, being cognizant of the growing energy needs of consumers in the sweltering months of May and June, had completed the procurement of seven additional cargoes of Liquefied Natural Gas (LNG). “We have …
Read More »Pakistan eying podium finish at Asia Hockey Cup to secure World Cup berth
ISLAMABAD, May 19 : National hockey team manager Olympian Khawaja Muhammad Junaid has said that qualifying for the next year’s World Cup would be the key objective for his side at the Asia Cup. “The top three teams will secure berths in the FIH Men’s Hockey World Cup in India …
Read More »IT ministry providing 90 to 95% subsidy for provision of mobile services, broadband in remote areas: Amin
ISLAMABAD, May 19 : Federal Minister for Information Technology and Telecommunication Syed Amin-Ul-Haque on Thursday said his ministry is providing 90 to 95% subsidy for provision of mobile services and broadband in un-served and under-served areas. “Telecom companies should now play their role in upgradation of infrastructure in urban areas”, …
Read More »Tough decisions in pipeline to ensure stable economic growth: Pasha
ISLAMABAD, May 19 : Minister of State for Finance and Revenue Dr. Aisha Ghous Pasha said here on Thursday that government was in transitory stage, but tough decisions were in pipeline for reducing the economic bottlenecks and for ensuring stability in the economic growth. This stability would bring in greater …
Read More »Pakistan, Turkish FMs vow to strengthen economic ties
NEW YORK, May 19 : Foreign Minister Bilawal Bhutto Zardari in a meeting with his Turkish counterpart Mevlüt Çavuşoğlu have expressed commitment to work together to enhance economic cooperation and unleash the full potential of Pakistan-Turkey trade relations. This was agreed upon on the sidelines of the Ministerial meeting on …
Read More »Ban on import of luxury items to save precious foreign exchange: PM
ISLAMABAD, May 19 : Prime Minister Muhammad Shehbaz Sharif on Thursday said that his decision to ban the import of luxury items will save the country’s precious foreign exchange. The Prime Minister in a tweet posted on his social media account said that as they would practice austerity, the financially …
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