PSX turns around to bullish trend, gains 83 points
The 100-index of the Pakistan Stock Exchange (PSX) turn around to bullish trend on Tuesday, gaining 83.82 points, a positive change of 0.20 percent, closing at 41,839.27 against 41,755.45 points on the last working day. A total of 190,311,688 shares were traded during the day compared to 144,312,641 shares the previous day, whereas the price…
Adil Aziz
WHO provides medicines & health supplies to health department Sindh
The World Health Organization (WHO), representative in Pakistan, Dr Palitha Mahipala has said that the WHO is supporting health service deliveries in Sindh flood affected areas by supporting the Sindh health department by providing essential medicines, medical equipment and supplies, nutritional supplements as well as renovating and refurbishing damages health infrastructure in the province. He…
Textile exports increase by 3.68% to $4.58 billion in Q1
On year-on-year basis, the textile goods’ exports increased by 2.68 percent in September 2022 to $1,527.071 million against exports of $1,487.144 million in September 2021 he exports of textile goods increased by 3.68 percent during the first Quarter (Q1) of the current fiscal year as compared to the corresponding period of last year. The textile…
Housing Ministry demands Rs 9,179 million for year 2022-23
Ministry of Housing and Works has demanded the grant of a sum of Rs 9,179 million to meet the requirements of the ministry and attached departments for the current fiscal year 2022-23. However, Finance Division has allocated a sum of Rs5,915 million as per the austerity measures for the current financial which was conveyed to…
Saylani Welfare Creates First Ever “Saylani Electricity Bill Support Fund” For Electricity Bill Payments
Saylani Welfare International Trust has created the first-ever fund called the “Saylani Electricity Bill Support Fund” to assist citizens facing difficulties in paying their electricity bills. Rising costs of fuel and removal of subsidies in the last year has raised the cost of electricity across Pakistan adding to the struggles of ordinary citizens. The situation…
Sarsabz Pakistan mobile app claims fastest growth within the agri-sector
Being near to completing one year since its launch, the ‘Sarsabz Pakistan’ mobile app has garnered immense popularity and attention amongst the Pakistani farmers’ community. The app recently marked a record number of more than one hundred thousand downloads in a short time span of ten months, making it the country’s fastest-growing mobile app within…
TPL Insurance Limited (WTO) partners with Faysal Bank
As part of their aim to provide innovative products and utilize the digital paradigm to redefine takaful, TPL Insurance Limited – Window Takaful Operations (WTO) is pleased to announce its collaboration with Faysal Bank. This partnership will enable both companies to offer hassle-free Shariah-compliant financial solutions to customers. To mark the occasion, an MoU signing…
PTCL signs agreement with evision to launch its video streaming platform in Pakistan
Pakistani telecom company, PTCL has signed an agreement with evision – the media and entertainment wing of global telecom services provider, e& – to launch its own video streaming platform in Pakistan. The new Digital Video Over-The-Top (OTT) platform will host the richest collection of Hollywood and Pakistani entertainment content besides a rich assortment of…
WAPDA to add over 11,000 MW environment-friendly electricity to national grid
Water and Power Development Authority (WAPDA) is actively pursuing six hydropower projects to add over 11,241 MW of environment-friendly hydel electricity to the existing 9,443 MW hydel generation in the coming years. The total installed capacity of 24 Wapda Hydel power stations stood at 9,443 MW and the addition of over 11,241 MW would enhance…
Public debt to GDP ratio to fall to 71.7% in FY23: WB
Pakistan’s public and publicly guaranteed debt to GDP ratio is expected to fall gradually in the upcoming years from 78% recorded at the end of Fiscal Year 2021-22 (FY 22) to 71.7% in FY 23 and 71.9% in FY 24. “At the end of FY 22, public and publicly guaranteed debt had increased to Rs…