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Are you ready for the battle of glory? The battle that decides who will lift the most precious trophy in one of the most dominated English leagues. Yes! English Premier League is getting started on a very special day 14th of August and the weekend is filled with some exciting matches. This year’s premier league […]
Prime Minister Imran Khan chaired a review meeting on facilitating Pakistani remitters abroad under PM’s priority sectors. Finance Minister Shaukat Fayyaz Tareen, Special Assistant Dr. Shahbaz Gill, Governor SBP Raza Baqir, Chairman NADRA Muhammad Tariq Malik and other senior officials attended the meeting. ALSO READ Pakistan Now Ranks Amongst Top-Tier FATF-Compliant Countries: APG The meeting was informed that the Ministry of Finance and SBP are jointly developing a comprehensive package for remitters, which includes not only financial incentives and rewards in proportion to the remittances, but also the opening of remittance beneficiary accounts which include ensuring immediate transfer. A digital…
Asia Pacific Group (APG) on Money Laundering has published results of Pakistan’s third Mutual Evaluation follow-up Report on 12 August 2021. As per the report, Pakistan has achieved compliant/largely compliant rating in 4 more recommendations, leading aggregate to 35/40 Recommendations rated as Compliant (C) or Largely Compliant (LC). ALSO READ CCP Slaps Rs. 44 Billion Penalty On 55 Sugar Mills Pakistan is now in the top tier of countries that have achieved a rating of C/LC for over 35 of the 40 FATF Recommendations. Moreover, Pakistan has also achieved the rating of Largely Compliant / Compliant in all Big Six…
Following the footsteps of its parent company Alibaba Group, Daraz is working to create a sustainable ecosystem in Pakistan. With the global multinationals promising and working towards a greater cause of preventing climate change, Daraz has taken initiatives in the past few months which are contributing to the build a sustainable ecosystem. Daraz has partnered in the past with organizations to ensure that the business model on which they are working on are optimized. Partnerships such as with Robinhood Army to reduce ethical binning of food works on the model where the canceled orders from dFresh are further distributed. Since…
In a bizarre incident, traffic police lifted a car with a woman sitting inside in the Regal Chowk area of Saddar, Karachi. In the video shot on the location by a citizen from a cell phone, the car lifter is seen picking up a car with a woman sitting inside. The incident came into the […]
California-based software company Business Efficiency Solutions LLC has sued Huawei in California federal court. Why? For allegedly stealing its trade secrets following their work together on a project for the Pakistani government. BES also accused the Chinese tech giant in the Wednesday complaint of using its technology to create a “backdoor”. BES said that allowed […]
A 45-year-old Muslim man in Uttar Pradesh’s Kanpur town was paraded through the street, assaulted, and made to chant the ‘Jai Shri Ram’ slogan by a mob belonging to Bajrang Dal. The incident took place on Wednesday and came into the limelight when distressing footage emerged. The locals shot the incident showing the man’s little […]
While Nimra Khan has resisted discussing her divorce publicly, her former husband publicly humiliated her while talking about it. Meanwhile, Nausheen Shah sheds light on their toxic marriage. Khan was one of the celebrities who tied the knot with London police officer Raja Iftekhar Azam amidst the coronavirus lockdown in 2020. However, soon the rumor […]
The CCP has imposed a penalty of Rs. 44 billion (US265million) on 55 sugar mills, including the Pakistan Sugar Mills Association (PSMA). According to an order issued by the CCP full bench on Friday, the Competition Commission of Pakistan (the “Commission”) passed an order against PSMA and 81 member mills for violations of Section 4 of the Competition Act, 2010 (the “Act”). ALSO READ Finance Minister Suggests a Strategy to Prevent Hoarding of Basic Commodities Briefly, by way of background, the Commission initiated an inquiry in order to analyze “possible anti-competitive activities in the sugar industry”. To gather evidence, search…
The Federal Investigation Agency’s (FIA) Cyber Crime Wing Faisalabad has arrested a member of an international racket involved in online fraud of multimillion rupees. The accused used to impersonate as a girl and entice innocent people online to transfer cash to his bank accounts. He also obtained bank account details from citizens on the promise of transferring dollars and deprived them of their hard-earned money. ALSO READ Mohammad Hafeez Finally Returns to Form With a Brilliant Century in KPL FIA Deputy Director, Muhammad Rizwan, said that they traced the accused named Darlington Chimo Osuji during the investigation of a complaint. “Following an…
