National News

National News

Reduction of Electricity Prices by Rs 1.90 per unit approved

NEPRA (National Electric Power Regulatory Authority) has approved the reduction in electricity prices by Rs 1.90 per unit under monthly fuel adjustment system. This reduction in price was due to the fall in international prices of oil and gas. However, this decision will not apply to K-Electric and Life Line …

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Government allocates 50 percent share of PM Youth Loans for women

In a bid to address the gender equality issue in Pakistan, an exact 50 percent share of the PM Youth Loan Program has been assigned towards women. The steps in this regard were taken in line with Pakistan’s fifth goal towards Sustainable Development i.e Gender Equality. Special orders from the …

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PM Nawaz Sharif to announce development package for Karachi

KARACHI: Prime Minister Nawaz Sharif will soon announce a development package for Karachi, informed Sindh Governor Muhammad Zubair said on Monday. On a visit to the Lyari Expressway, the governor said development work on the northern track of the highway is under way, adding that “the government is working to …

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Pre-Bookings Start for QMobile’s A1 Flagship Smartphone

QMobile is stepping up its game in response to new competitors entering the Pakistani market. The company is launching a new flagship smartphone the A1. It will be available for Rs. 27,900. Pre booking for the phone has commenced. To celebrate the launch of their new phone, the company is …

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Silk Bank to Float Rs 2 Billion Term Finance Certificate

Silk Bank will float a Term Finance Certificate of Rs 2 billion in coming months to raise funds for meeting its requirements. The central bank has given a final approval to the management of the bank to issue a Term Finance Certificate (TFC). The bank has been also given an …

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YouTube revises its approach against the extremist content

YouTube has outlined four major steps that it will be taking to ensure that extremist content does not see the light of day on the platform. Social media platforms have always had a huge amount of content to showcase including those who use the platforms to spread propaganda and extremist …

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FIA directed to probe fraudulent Online Shopping Sites

Online shopping is not a new phenomenon, people tend to buy things from online shopping sites while sitting at home. But for the past few months, many phony and fraudulent online shopping sites are in action and doing damage to consumers and swindling them in name of online shopping. To …

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Snap sinks to its IPO price for the first time

On Thursday, the shares of Snap dropped by 4.9 percent in a show of loss of confidence by investors. The 4.9 percentage drop in the share price saw it go back to the price it had at its initial public offering. With fierce competition from the likes of Facebook, Snap …

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Pakistan to receive $300 Million from Asian Development Bank

Pakistan is set to receive $300M from the Asian Development Bank to boost its Sustainable Energy Sector Reforms program. The agreement was signed in Islamabad by the Asian Development Bank Director and the Finance Minister. The agreement between the government of Pakistan and the Asian Development Bank will see the …

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Japan now importing three-wheeler rickshaws from Pakistan

Japan is known for manufacturing and selling millions of vehicles across the globe yet it has expressed strong interest in three-wheeler rickshaws from Pakistan. Exports of the rickshaws from Pakistan have risen over the past months. The Japanese market has been importing 4-stroke CNG auto rickshaws from Pakistan. These rickshaws …

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