26 h. ago Govt finalizes bold industrial policy to revive struggling sector

The Pakistani government has finalized a new industrial policy to rescue the declining manufacturing sector, which has been shrinking for years. The policy was approved during a high-level meeting of the Industrial Policy Committee, chaired by Special Assistant to the PM, Haroon Akhtar Khan, in Islamabad. Officials in the meeting showed concern that industry’s share […]

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40 h. ago Pakistan sets bold industrial revival plan to boost exports and cut imports

ISLAMABAD – The government has finalized a new industrial policy to revive Pakistan’s struggling industrial sector. The Prime Minister’s Committee on Industrial Policy approved key reforms in a recent meeting chaired by SAPM Haroon Akhtar Khan. The policy focuses on increasing exports, reducing imports, and helping small businesses grow. Officials said the industry’s share in […]

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43 h. ago Pakistan increases flights to Iran, Iraq for Muharram and Arbaeen pilgrimage

ISLAMABAD: In a significant move to facilitate religious pilgrims, the government of Pakistan has increased the number of weekly flights to Iran and Iraq in preparation for the Muharram and Arbaeen religious events. This development was finalized in a high-level meeting of the special task force established to streamline pilgrimage travel. The meeting, chaired by […]

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4 d. ago Illegal allowances worth Rs560 million revealed in PTA audit

ISLAMABAD – A shocking revelation has emerged as audit officials disclosed that the Chairman and members of the Pakistan Telecommunication Authority (PTA) received Rs560 million in illegal allowances over the years. During a meeting of the Public Accounts Committee’s (PAC) sub-committee, chaired by Convener Malik Amir Dogar, audit authorities presented detailed findings. The session specifically […]

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5 d. ago Govt to launch AI education at primary level, expand digital access across Islamabad

ISLAMABAD – The federal government has decided to introduce Artificial Intelligence (AI) education at the primary level, aiming to equip young students with digital skills from an early age. Federal Minister for IT and Telecommunication, Shaza Fatima, shared the development during a Senate IT Committee meeting chaired by Senator Palwasha Khan. She stated that children […]

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7 d. ago SOE losses hit Rs1.9 billion daily, govt warned of urgent reforms

ISLAMABAD – Pakistan’s state-owned enterprises (SOEs) are losing nearly Rs1.9 billion every day, with total accumulated losses now reaching Rs5.8 trillion, sparking alarm within the federal government. In a recent meeting of the Cabinet Committee on State-Owned Enterprises (CCoSOEs), chaired by Finance Minister Muhammad Aurangzeb, officials presented a bleak report covering July to December 2024. […]

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8 d. ago Finmin stresses reforms, strengthened governance in public sector enterprises

Minister for Finance and Revenue Senator Muhammad Aurangzeb on Friday reaffirmed the government’s commitment to strengthening the governance, operational efficiency and financial sustainability of key public sector entities. Chairing a meeting of the Cabinet Committee on State-Owned Enterprises (CCoSOEs), the Finance Minister stressed the importance of aligning business plans with national priorities and addressing operational […]

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8 d. ago ‘Sewage treatment plant pressing need to meet water demands’

Sindh Minister for Energy, Development, and Planning Syed Nasir Hussain Shah, along with Minister for Local Government Saeed Ghani, held a high-level meeting in the P&D Department’s committee room to review the pace of work to fully operationalize Sewage Treatment Plant-I (TP-I) under the S-III project. In addition to the provincial ministers, Karachi Mayor Murtaza […]

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1 week ago Muharram moon sighted in Saudi Arabia, marking start of Islamic year 1447 Hijri

RIYADH – The crescent moon of Muharram, the first month of the Islamic calendar, has been sighted in Saudi Arabia, officially marking the start of the new Islamic year 1447 Hijri. The announcement came after a meeting of the moon-sighting committees held in the Tamir region. This sighting confirms that Thursday will be observed as […]

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1 week ago Muharram 2025 in Pakistan: Expected Ashura date as ruet committee meets today

ISLAMABAD – The Central Ruet-e-Hilal Committee is scheduled to hold a meeting today, June 26, for the sighting of the

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1 week ago Umrah Packages Rates from Pakistan Muharram 2025; 2 Weeks and 3 Weeks Stay

LAHORE –Saudi Arabian authorities officially resumed issuing Umrah visas from mid-June after successful Hajj season. According to the Saudi Ministry

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1 week ago PM Shehbaz meets Iranian envoy to discuss escalating middle east tensions

ISLAMABAD – Prime Minister Shehbaz Sharif held an important meeting on Monday with Iran’s Ambassador to Pakistan, Reza Amiri Moghadam, at the Prime Minister’s House. The discussion came just hours before a scheduled National Security Committee (NSC) meeting. During the meeting, both leaders exchanged views on the ongoing Iran-Israel tensions and broader regional developments. The […]

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1 week ago Civil, military leadership to discuss future strategy at NSC meeting being held today

ISLAMABAD: Prime Minister Shehbaz Sharif has convened an important meeting of the National Security Committee (NSC) today at 12 pm at the Prime Minister’s House to have an overview of the situation emanating from the US attacks on Iran’s nuclear programme sites and escalating situation in the Middle East. According to sources, the NSC meeting […]

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2 w. ago Textile bodies seek urgent action on proposals through Budget Anomaly Committee

The Pakistan Hosiery Manufacturers & Exporters Association (PHMA) and the Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) have jointly urged the government to consider and implement the textile industry’s key budget proposals through the FBR’s Budget Anomaly Committee. The demand came during a post-budget joint meeting of both associations, which was attended by PHMA […]

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2 w. ago Parliamentary committee approves further tax relief for salaried class

ISLAMABAD – June 21, 2025: The National Assembly’s Standing Committee on Finance has approved a major tax relief proposal for the salaried class, reducing the income tax rate on mid-level earners. In a meeting chaired by MNA Syed Naveed Qamar, the committee reviewed and gave clause-by-clause approval to key income tax amendments included in the […]

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2 w. ago FBR says banks pay 53% tax on income, seeks end to special privileges

ISLAMABAD: The Federal Board of Revenue (FBR) has revealed that banks in Pakistan pay a heavy 53% tax on their income. FBR Chairman Rashid Langrial disclosed this during a meeting of the National Assembly’s Standing Committee on Finance on Thursday, sparking discussions on the tax structure for financial institutions. He stated that the government wants […]

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2 w. ago Ishaq Dar calls for swift progress on industrial parks to boost investment

ISLAMABAD: Deputy Prime Minister and Foreign Minister Senator Ishaq Dar has urged authorities to accelerate the development of industrial parks. He emphasized that these parks must meet international standards to attract local and foreign investment. Dar made these comments while chairing a high-level committee meeting focused on the Karachi Industrial Park project at the Pakistan […]

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2 w. ago PM Shehbaz forms committee to boost cashless economy and digitization

ISLAMABAD – Prime Minister Muhammad Shehbaz Sharif on Wednesday formed a high-level committee to promote a cashless economy and speed up digitization across Pakistan. The prime minister will personally chair the committee and oversee its progress weekly. During the meeting, the prime minister stressed that digitizing the economy is one of the government’s top reform […]

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2 w. ago State bank keeps interest rate at 11% to support stability, warns of trade deficit risks

The State Bank of Pakistan has announced that the interest rate will remain unchanged at 11% for the next two months. The decision was made during the latest Monetary Policy Committee (MPC) meeting held in Karachi. The bank aims to maintain economic balance and control inflation. In its statement, the MPC said that inflation in […]

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3 w. ago Govt considers raising retirement age to 62 to tackle soaring pension costs

Finance Minister Muhammad Aurangzeb has supported increasing the retirement age from 60 to 62 years. He said this move could help reduce the country’s growing pension liabilities. Speaking in a Senate Finance Committee meeting, he shared concerns about rising unfunded pensions. He noted that pension reforms had already started, including the introduction of a Defined […]

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