pakistan’s-petroleum-imports-remain-stagnant-in-11-months-of-fy24

Pakistan’s Petroleum Imports Remain Stagnant in 11 Months of FY24

Pakistan’s petroleum group imports witnessed a negative growth of 0.28 percent during the first eleven months (July-May) of the current fiscal year 2023-24 and remained $15.338 billion compared to $15.382 billion during the same period of last fiscal year, says the Pakistan Bureau of Statistics (PBS). The data of exports and imports released by the PBS revealed that petroleum group imports in May 2024 remained at $1.577 billion compared to $1.676 billion in April and registered 5.90 percent negative growth while on a year-on-year (YoY) basis. However, they registered 12.09 percent growth when compared to $1.407 million in May 2023.…
economic-affairs-ministry,-wapda-sign-$25-million-loan-agreement-for-mohmand-dam-hydropower-project

Economic Affairs Ministry, WAPDA Sign $25 Million Loan Agreement for Mohmand Dam Hydropower Project

The Ministry of Economic Affairs (MoEA) and Water and Power Development Authority (WAPDA) signed a Subsidiary Loan Agreement (SLA) amounting to $25 million for the Mohmand Dam Hydropower Project. The agreement was signed on Friday. The Secretary, Ministry of Economic Affairs, Dr Kazim Niaz, signed on behalf of the Ministry, while Chairman WAPDA, Lt. Gen. (Retd) Sajjad Ghani, represented WAPDA. Nassar Abdulrahman Jasser Al. Mutairi, the Ambassador of Kuwait in Pakistan, graced the ceremony with his presence. This significant financing comes as a result of the Kuwait Fund’s commitment to extend a total of $100 million to support the Mohmand…
pakistan’s-textile-exports-surge-to-21-month-high-of-$1.56-billion-in-may

Pakistan’s Textile Exports Surge to 21-Month High of $1.56 Billion in May

The country’s textile group exports increased by around 1.41 percent during the first eleven months (July-May) of the current fiscal year 2023-24 and remained at $15.241 billion as compared to $15.029 billion during the same period of last year, the Pakistan Bureau of Statistics (PBS) said. The data of exports and imports released by PBS revealed that the country’s exports during July–May, 2023-2024 totalled $28.117 billion (provisional) against $25.368 billion during the corresponding period of last year showing an increase of 10.84 percent. May’s performance Textile group exports witnessed an increase of 18 percent in May 2024 on a year-on-year…
imam-ul-haq-demands-fans-and-experts-to-treat-babar-azam-with-respect

Imam-ul-Haq Demands Fans and Experts to Treat Babar Azam With Respect

Pakistan cricketer Imam-ul-Haq defended the Green Shirts’ skipper Babar Azam after veteran Ahmed Shehzad criticized him for his poor performance during the ongoing T20 World Cup 2024. While speaking on a talk show Imam Ul Haq said, “He’s your captain, you don’t want to consider him as a captain, it’s fine. The world has made him the king, but you haven’t, “Is there anyone who has been number one in Pakistan’s ODI ranking as well as in T20I?” Imam emphasized the need for respect within the team, acknowledging everyone’s right to criticize while maintaining decorum. “All of us have played…
analyzing-ahmed-shehzad’s-critique-of-babar-azam:-a-review

Analyzing Ahmed Shehzad’s Critique of Babar Azam: A Review

In recent discussions surrounding Pakistan cricket, Ahmed Shehzad has been vocal about his comparison with Babar Azam. When comparing T20 international stats of both Ahmed and Babar, one questions the necessity of this analysis. Babar averages 40.7 with a strike rate of 129.46 while Ahmed holds an average of 25.8 at a strike rate of 114.74. With Babar far ahead of Ahmed, he turns the argument, particularly in the context of their performances in ICC T20 World Cup events. Shehzad’s claims revolve around two central points: his own performances in T20 World Cups and the quality of opposition Babar has…
sarsabz-dominates-pda-with-triple-triumph,-setting-new-standards-in-digital-innovation

Sarsabz Dominates PDA with Triple Triumph, Setting New Standards in Digital Innovation

Sarsabz, a leading brand in the fertilizer industry under Fatima Fertilizer, has achieved remarkable success at the prestigious Pakistan Digital Awards. This year, Sarsabz has been honored with three accolades: Best Use of Generative AI in Content Creation for Salam Kissan, Best Innovated Mobile App for Sarsabz Content – HSE App, and Best Web Series of the Year for Sarsabz Kahani – Dahani. This winning spree at the Pakistan Digital Awards highlights Sarsabz’s commitment to leveraging cutting-edge technology and creative strategies to engage with Pakistan’s agricultural community. The Pakistan Digital Awards platform is celebrated for its individuality and impartiality, recognizing…
short-term-inflation-crosses-23%-as-food-prices-remain-high

Short-term Inflation Crosses 23% as Food Prices Remain High

The Sensitive Price Index-based inflation for the week ended June 13, 2024, increased by 1.30 percent, says the Pakistan Bureau of Statistics (PBS). During the week, out of 51 items, prices of 19 (37.26 percent) items increased, 08 (15.68 percent) items decreased and 24 (47.06 percent) items remained stable. The items, prices of which, increased during the period under review include tomatoes (27.14 percent), chicken (11.75 percent), electricity charges for q1 (8.73 percent),  pulse gram (7.19 percent), LPG (6.14 percent), eggs (3.70 percent), bananas (3.22 percent), pulse moong (1.07 percent), mutton (0.60 percent), potatoes (0.41 percent), pulse mash (0.32 percent),…
gaming-on-the-go:-the-hottest-mobile-games-of-2024

Gaming on the Go: The Hottest Mobile Games of 2024

The mobile gaming industry in Pakistan is experiencing significant growth, entertaining a diverse audience with an extensive range of game titles. Millions of players across the country are actively engaged in these immersive experiences, making Pakistan a major player in the global mobile gaming market. Among the most popular titles is Clash of Clans, a strategy game where players build and defend their kingdoms while launching epic attacks against rivals on a global scale. With its engaging blend of base construction, troop management, and strategic warfare, Clash of Clans has garnered a massive player base in Pakistan. Secondly, the Asphalt…
babar-azam-set-to-remain-pakistan-captain-after-the-2024-t20-world-cup

Babar Azam Set to Remain Pakistan Captain After The 2024 T20 World Cup

After Pakistan’s disappointing performance in the ongoing T20 World Cup 2024, the Pakistan Cricket Board (PCB) is contemplating potential changes to the national cricket team, with the white-ball captain, Babar Azam, under scrutiny. According to reports, Babar Azam will retain his position as captain in white-ball cricket following the poor performance against India and the USA. The Men in Green lost to the USA in Super Over while Rohit Sharma’s men defeated them in the second match of Group A by 6 runs. The PCB’s deliberations come amid widespread criticism from the media regarding the team’s consistency and performance in…
it-ministry-receives-nominations-for-cert-council

IT Ministry Receives Nominations for CERT Council

The Ministry of IT and Telecom (MoIT&T) has made progress in establishing the Computer Emergency Response Team (CERT) Council. The ministry has received nominations from academia, industry, and civil society for the council. Following these nominations, the ministry has processed the case for the council’s establishment. According to MoIT&T, this initiative aligns with the National Computer Emergency Team Rules 2023, reflecting the government’s commitment to strengthening cybersecurity across various sectors. The CERT Council will be formally established once it receives approval from the federal government. The CERT Council is envisioned as the largest forum of its kind, comprising 15 members,…