Rupee Weakens Against US Dollar

The Pakistani Rupee (PKR) again turned the tide in the interbank currency market and posted losses against the US Dollar (USD). On Monday, PKR fell by nearly 45 paisas against the greenback. Yesterday, it posted a gain of 14 paisas, but today, it posted a loss of 16 paisas. ALSO READ Remittances Continued to Stay Above $2 Billion for 14th Consecutive Month Today (11 August), the PKR traded between Rs. 163.55 to the USD and Rs. 164.25 to the USD before closing at Rs. 163.92 to the USD. This is a deterioration of 16 paisas compared to yesterday’s (10 August)…

FBR Increases Minimum Price of Steel Products

In the wake of increased prices of steel products in the domestic & international markets, the Federal Board of Revenue (FBR) has increased the minimum prices of steel products vide SRO 985 dated 4th Aug 2021. Last time the prices of steel products were fixed by FBR vide SRO 992 dated 4th Sep 2019. ALSO READ FBR’s Wing Uncovers Financial Scam Involving Chairman BankIslami FBR is empowered to fix minimum prices of steel products under proviso to clause (46) of section 2 of the Sales Tax Act, 1990. The new prices of Bars has been fixed at Rs. 140,000/-; Billets…

Samsung Unpacked 2021: Flagship Phones, Gadgets and More [Live Blog]

Welcome to the live coverage of the highly anticipated Samsung Unpacked event. We’ll be keeping you posted about all the launches and updates here. ARVE Error: src mismatchurl: https://www.youtube.com/watch?v=V7ixp-XwqGIsrc in: https://www.youtube-nocookie.com/embed/V7ixp-XwqGI?feature=oembed&modestbranding=0&showinfo=0&rel=0&autoplay=1src gen: https://www.youtube-nocookie.com/embed/V7ixp-XwqGIActual comparisonurl: https://www.youtube.com/watch?v=V7ixp-XwqGIsrc in: https://www.youtube-nocookie.com/embed/V7ixp-XwqGI?modestbranding=0&showinfo=0&rel=0&autoplay=1src gen: https://www.youtube-nocookie.com/embed/V7ixp-XwqGI The post Samsung Unpacked 2021: Flagship Phones, Gadgets and More [Live Blog] appeared first on .

Easypaisa Team Holds App Experience Session for Journalists in Islamabad

Easypaisa, Pakistan’s first and foremost branchless banking service, hosted an ‘experience’ session for its mobile app at its Islamabad office. Renowned journalists from leading print and digital publications attended the event and got their queries about the service answered. Omar Moeen Malik, Business Head, Easypaisa, Telenor Microfinance Bank Limited, walked the audience through Easypaisa’s journey and its ascent from a basic mobile money transfer service a decade ago to a complete digital payments solution that it has morphed into today. Providing the journalists with a snapshot of Easypaisa’s performance in the year 2020, Moeen revealed that the number of Easypaisa…

Cybersecurity and Data Privacy are a Challenge for Pakistan’s Digital Journey: Report

Pakistan has embarked on a brave journey to walk beside other countries in the digital game, issues pertaining to cybersecurity, data privacy, and governance have hindered its progress. ALSO READ Telcos Lose $1 Billion Revenue Yearly Due to Grey Traffic: Report According to the report ‘Transforming Digital Government in Pakistan’, Pakistan ranked 94th globally and 18th out of 38 Asia Pacific countries on the Global Cybersecurity Index (GCI), straggling behind countries like Bangladesh, Sri Lanka, and India. The low ranking is attributed to recurrent cyberattacks during the last five years. In 2020, a number of Pakistani officials became victims of…

SBP to Launch Mobile App to Incentivize Remittance Transactions

Federal Minister for Finance and Revenue, Shaukat Tarin, chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet today. The meeting was informed that to continue the positive trajectory of remittances, the State Bank of Pakistan (SBP) will introduce a mobile application, NRLP, named after National Remittance Loyalty Program (NRLP). The app will offer incentives/rewards to overseas Pakistani against each remittance transaction in accordance with pre-set criteria. ALSO READ Remittances Continued to Stay Above $2 Billion for 14th Consecutive Month The application will be formally launched towards the end of October 2021. The Secretary of Finance made a…

Pollution of Pakistan’s Largest Lake Threatens Local Population

One of Pakistan’s largest freshwater lakes – Hamal – has become heavily polluted and is endangering the people and animals who depend on it for survival, fishing, hunting, bathing, and drinking. However, human and industrial waste from Sindh’s district of Qambar Shahdadkot is being pumped into it and this is reportedly posing a huge threat to the nearly 300 homes near its banks. “Today, there is barely any fish to sell. There is not enough fish to even eat,” said an old woman who lives beside the lake. ALSO READ Akhtar Fuiou Technologies Selects Rapid Cloud for Revolutionizing Agri-tech Large…

Islamia University Bahawalpur Postpones All Exams Due to Imran Khan’s Visit

The Islamia University of Bahawalpur postponed all examinations earlier today due to security concerns in connection to the visit of Prime Minister Imran Khan. According to details, Islamia University postponed all mid-term and final exams of the spring semester in all departments ahead of the premier’s visit to the city. ALSO READ Students from Lahore Develop Cheap Electric Car A spokesperson for Islamia University’s Bahawalpur campus said that the postponed exams will be held after the last as per the date sheet. During the day-long visit, PM Imran will inaugurate a number of development projects including the National Cotton Breeding…

PTCL Group Gears Up to Celebrate the 75th Independence Day Of Pakistan

Grand-scale preparations are afoot at PTCL and Ufone for celebrating the 75th Independence Day of Pakistan with national zeal and fervor. The PTCL Group has launched a week-long employee engagement program in connection with the national day leading up to the main event on the 14th of August. The employee engagement program that commenced earlier this week will help the PTCL Group join nationwide celebrations, besides strengthening its unique standing as the national telecom carrier. To kick off the independence week, flags and badges were distributed amongst PTCL and Ufone staff across the country as they resumed office at the…

Sikandar Raza Rates Food at Gaddafi Stadium as the Best in the World

Zimbabwean all-rounder, Sikandar Raza, revealed that Gaddafi Stadium in Lahore has the best food among all the cricket venues in the world. ALSO READ Muzaffarabad’s Zeeshan Ashraf Scores First Century of Kashmir Premier League Raza, during an interview with ESPNCricinfo, spoke about the excellent food on the menu during Zimbabwe’s stay at Gaddafi Stadium, Lahore. Raza revealed that every Zimbabwean player loved the food at Gaddafi Stadium during their tour of the country in 2015. The 35-year old revealed that the players were served extravagant meals every day, which included mutton, chicken, and beef dishes, along with rice, pasta, naan,…