Industry News
Federal Govt to provide Rs8.5b as net hydel profit: Taimur Jhagra
Khyber Pakhtunkhwa Minister for Finance Taimur Saleem Jhagra says the federal government has agreed to provide eight point five billion rupees to the provincial government as net hydel profit.Presiding over a meeting in Islamabad on Tuesday, he said th...
SECP Launches Startup Portal to Encourage Tech Innovation in Pakistan
The Securities and Exchange Commission of Pakistan (SECP) has launched a startup portal to encourage technology innovation in Pakistan.SECP Commissioner for Information System and Technology Department, Shauzeb Ali inaugurated the portal during the 'St...
Shan Foods is Considering to Sell its Majority Stake: Report
Shan Foods is considering the sale of its majority stake that could value the Pakistani spice maker at about $250 million, reports Bloomberg.According to the report, the company is working with a financial adviser for the sale and has approached potent...
General News
Netflix Reduces Traffic on Pakistani Networks by 25% to Ease Congestion
In order to match increased demand, Netflix has removed the highest bandwidth streams in Pakistan,
UK Prime Minister tests positive for coronavirus
UK Prime Minister Boris Johnson has tested positive for coronavirus. According to a statement by
FM, Canadian counterpart discuss impact of COVID-19 on global economy
Foreign Minister Makhdoom Shah Mahmood Qureshi held telephonic conversation on Friday with his Canadian counterpart
Government & Politics
Inaugural ceremony of Pakistan Navy’s Exercise Seaspark 2020 held in Karachi
The inaugural ceremony of Pakistan Navy's Exercise Seaspark 2020 was held in Karachi on Wednesday.Chief of the Naval Staff Admiral Zafar Mahmood Abbasi was the chief guest on the occasion.The participants of the ceremony were briefed on the objectives ...
Govt will take very possible measure to improve performance of NACTA: Ijaz Shah
Interior Minister Ijaz Ahmed Shah says the government will take very possible measure to improve performance of NACTA. During his visit to NACTA today (Wednesday), he said the authority has a key role in fighting extremist elements in the country.The I...
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