General

Pakistan, UK share deep-rooted & broad-based ties: Shehbaz Sharif

Prime Minister Shehbaz Sharif has thanked United Kingdom Premier for his message of felicitation.He said Pakistan and UK share deep-rooted and broad-based ties.He resolved to working closely with UK government to further expand longstanding friendship …

General

Karachi’s Zaraye Raises $2.1 Million in Pre-Seed Investment

Karachi-based business-to-business raw materials marketplace, Zaraye, raises $2.1 million in their pre-seed round from Tiger Global and Zayn Capital.Other investors include +92 Ventures, Alan Rutledge, Jack Rizvi, and current and former Careem employee…

General

US looks forward to continuing long-standing cooperation with Pakistan: Blinken

The United States has congratulated Muhammad Shehbaz Sharif on becoming Prime Minister of Pakistan saying it looks forward to continuing the long-standing cooperation with Pakistan’s government. In a statement released by the US State Department, Secre…

Economy

Budget Process for FY22-23 Enters Important Phase

The budget process for the next fiscal year has entered an important phase as the priority committee has started to review the budget proposals.The Priority Committee Meetings have been scheduled from April 13th to 19th 2022. The Principal Accounting O…

Economy

Banks Have So Far Approved Rs. 180 Billon Low-Cost Housing Loans

Banks have approved applications amounting to Rs. 180 billion and disbursed Rs.66 billion against the approved applications under Mera Pakistan Mera Ghar Scheme till April 11, 2022.This shows an increase in approvals of applications of more than 11 tim…

Economy

Railways Ministry Demands Rs. 9.8 Billion to Pay Pensions

The Ministry of Railways is facing serious financial problems in the disbursement of pensions to its employees and has requested the government the provision of Rs. 9.8 billion for this purpose.The Federal Ombudsman Ejaz Ahmad Qureshi taking cognizance…