fia-busts-gang-for-illegal-activation-of-sim-cards

FIA Busts Gang for Illegal Activation of SIM Cards

The Federal Investigation Agency (FIA) uncovered the operations of a gang involved in illegally activating SIM cards and has arrested the suspects who had been working for local cellular companies. It has reportedly wrapped up the case. A spokesperson for the FIA stated that the officers/workers of different cellular companies and the members of a notorious gang involved in the illegal activity were recently arrested in different areas of Faisalabad. ALSO READ Provinces Shut Down All Tourist Spots The investigation revealed that around 500 fake SIM cards, and hundreds of National Database & Registration Authority (NADRA) forms, and silicon thumb…
ipl’s-love-affair-with-bookies-continues-despite-bio-bubble

IPL’s Love Affair With Bookies Continues Despite Bio-Bubble

According to reports, the recently suspended fourteenth edition of the Indian Premier League (IPL) was heavily targeted by various bookie networks. As the IPL was held in a bio-secure bubble and behind closed doors, bookies used creative ways to infiltrate the cash-rich league. ALSO READ Ex-Cricketer Reveals Whether World T20 Will be Held in India One such incident occurred in a match in New Delhi, where a bookie was employed as a cleaner in the stadium. The details of the match have not been revealed, but the corrupt approaches have been reported by the Board of Control for Cricket in…
swat’s-covid-positivity-ratio-shoots-up-to-50-percent

Swat’s COVID Positivity Ratio Shoots Up to 50 Percent

In an alarming development, the COVID-19 positivity ratio in Swat has shot up to 50 percent, with Khyber Pakhtunkhwa’s (KP) overall infection rate hovering at 7 percent in the last 24 hours. A statement from the health department informed on Wednesday that Tank’s positivity ratio remained at 43 percent, Mardan’s 21 percent, while Swabi and Buner’s prevalence ratio was recorded at 14 percent. On the other hand, 11 districts of Khyber Pakhtunkhwa (KP) had no cases at all. ALSO READ Pakistan is Under Pressure to Recognize Israel Despite the government’s efforts to curb the third outbreak of coronavirus, the pandemic…
us-companies-are-keen-on-exploring-investment-in-pakistan

US Companies Are Keen on Exploring Investment in Pakistan

Her Excellency (H.E.) Angela P. Aggeler, Charge d’ Affaires of the United States to Pakistan, called on the Federal Minister for Finance and Revenue, Shaukat Tarin, at the Finance Division. The United States assured its support to Pakistan’s economy amid the Covid-19 challenges and expressed satisfaction over Prime Minister Imran Khan’s focus on geo-economics. While extending a warm welcome to H.E. Angela Aggeler, Minister Tarin stated that Pakistan and America enjoy a long-term, broad-based, and multi-dimensional relationship. Their bilateral relations have deepened due to people-to-people ties, economic and business linkages, and common interests in promoting peace and stability in the…
steps-underway-for-youth-development:-it-secretary

Steps Underway for Youth development: IT Secretary

On the direction of Federal Minister for IT and Telecommunication, Syed Amin Ul Haque, special steps are being taken for the development and empowerment of the youth, especially women, said Secretary IT, Shoaib Ahmad Siddiqui. He said in a statement that youth are our valuable asset, and they can play a very important role in the economic development of the country. Secretary IT said that the Ministry of IT & Telecom, through its different programs, is equipping the youth with digital skills and making them able to generate substantial income through freelancing. Talking about National Freelancing Training Program (NFTP), he…
only-a-few-pakistani-families-control-psx

Only a Few Pakistani Families Control PSX

A research paper by the former Deputy Chairman Planning Commission and Vice-Chancellor PIDE, Dr. Nadeem Ul Haq, and Amin Hussain has revealed that the Pakistan Stock Exchange (PSX) is dominated by 31 families in Pakistan. At the time of independence, there were 22 influential families in the country. However, when data was collected in 2018, it was found that 31 families dominated the Karachi Stock Exchange (KSE). The paper read, “The degree to which [KSE] contributes to capital formation in the country is not a topic of study, while the ensuing ownership and governance structure is hardly ever made a…
official:-amazon-is-adding-pakistan-in-its-approved-sellers-list

Official: Amazon is Adding Pakistan in its Approved Sellers List

American retail giant Amazon has officially added Pakistan to its approved list of sellers, opening a major window of opportunity for e-commerce in the country. Pakistani sellers will now officially be able to create Amazon IDs and sell their products on the global platform. ALSO READ Amazon Launches Its Own Crowdfunding Platform Adviser to the Prime Minister Abdul Razak Dawood said that it is a great opportunity for Pakistani youth, SMEs, and women entrepreneurs. He said that they have been engaged with Amazon since last year and now it’s happening. We have finally made it. @amazon will be adding Pakistan…
pakistan’s-trade-deficit-has-increased-to-$23.825-billion:-pbs

Pakistan’s Trade Deficit Has Increased to $23.825 Billion: PBS

The country’s trade deficit widened by 21.60 percent to $23.825 billion in July-April 2020-21 compared to $19.593 billion in July-April 2019-20, says the Pakistan Bureau of Statistics (PBS). According to trade data released by PBS, Pakistan’s exports declined by 7.23 percent on a month-on-month (MoM) basis and stood at $2.194 billion in April 2021 against $2.365 billion in March 2021. Trade figures show that country’s imports remained $44.706 billion in July-April 2020-21 compared to $37.992 billion in July-April 2019-20, registering 17.67 percent growth. The country’s exports witnessed 13.49 percent growth and remained $20.881 billion in July-April 2020-21 compared to $18.399…
pakistan-is-under-pressure-to-recognize-israel

Pakistan is Under Pressure to Recognize Israel

Federal Minister for Human Rights, Shireen Mazari, has revealed that Pakistan is still under pressure to recognize Israel. Addressing a public ceremony in Islamabad, Mazari said there is a lot of pressure on Pakistan to formalize ties with the Jewish country, but Pakistan has linked the matter with a just resolution of the Palestine issue. Normalizing relations with Israel is out of the question unless there is a just settlement to the Palestine conflict under UN resolutions. ALSO READ Govt Makes a Big Announcement for Prisoners Before Eid She lamented the fact that the Organization of Islamic Cooperation (OIC) no…
shafqat-mahmood-announces-decision-on-promotion-without-exams

Shafqat Mahmood Announces Decision on Promotion Without Exams

On Wednesday, the virtual meeting of the Inter-Provincial Education Ministers Committee (IPEMC) chaired by Federal Education Minister, Shafqat Mahmood, rejected the proposal to promote students without examination. According to details, Inter Boards Committee of Chairmen (IBCC) had suggested IPEMC to promote students of 9th and 11th classes without examinations and to hold examinations of only optional subjects of 10th and 12th classes due to closure amid the third wave of Coronavirus. ALSO READ Govt Makes a Big Announcement for Prisoners Before Eid The IPEMC meeting also tentatively decided to conduct examinations of classes 9th to 12th in two phases. In…