National Savings Reduces Profit Rates on Savings Certificates
Return rates for Special Savings Certificates (SSC) have been adjusted down by 12.26 %, and Defense Savings certificates by 12.12 %, according to the senior official of CDNS.
Adil Aziz
FPCCI calls for winter package for Export-Oriented Industries
Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Atif Ikram Sheikh has urged the government to announce a comprehensive, effective and multi-sectoral winter package for trade and industry to mitigate and overcome challenges in industrial production.
Pakistan’s Cellular Subscriber base hits 193 Million
The number of cellular subscribers in Pakistan reached 193 million, with a mobile Tele-density of 79.40 percent, by the end of September 2024, according to data from the Pakistan Telecommunication Authority(PTA).
PTA organizes Telecom Cybersecurity Awards 2024
The Pakistan Telecommunication Authority held the Cybersecurity Awards 2024 to honor outstanding achievements in enhancing cybersecurity within Pakistan’s telecom sector.
Lahore second most polluted city in the world
The provincial capital was still the second most polluted city in the world on Monday Despite the Punjab government efforts.
First Pakistani Company, SI Global Solutions, Joins IALA
SI Global Solutions, has become the first Pakistani company to receive a membership of the International Association of Lighthouse Authorities (IALA).
State Bank reduces interest rate to 15% by 2.5 Points
The Monetary Policy Committee (MPC) decided to cut the policy rate by 250 basis points to 15 percent, effective from November 5, 2024. The Committee noted that inflation has declined faster than expected and has reached close to its medium-term target range in October.
New EV Policy to Be Announced on November 30
Minister of Food Security, Industries and Production Rana Tanveer Hussain told the Senate that the Electric Vehicle (EV) policy would be announced on November 30 to promote local manufacturing of EVs and ensure a sustainable transport system.
Wafi Energy acquires major stake in Shell Pakistan
Wafi Energy Holding Limited (Wafi Energy) becomes the majority shareholder of Shell Pakistan Limited (SPL) after the company, a subsidiary of Shell plc (Shell), completes the sale of its 77.42 percent interest in SPL.
ChatGPT new Search Engine Launched by OpenAI
OPENAI beefed up its ChatGPT generative AI chatbot with search engine capabilities, as the startup takes on Google’s decades-long dominance of finding answers on the web.