Karachi, November 21, 2024 – The KSE-100 index of the Pakistan Stock Exchange (PSX) soared to an all-time high of 97,328 points on Thursday, reflecting a wave of optimism following the Army Chief’s meeting with leading business figures.
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CII Chairman Denies Statement on VPNs
Islamabad, November 20, 2024 – Council of Islamic Ideology (CII) Chairman Dr. Raghib Hussain Naeemi has categorically denied declaring virtual private networks (VPNs) “un-Islamic,” explaining that a “typo” in the council’s statement caused the confusion amid the government’s deadline to block all unregistered encrypted networks this month.
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Army Chief Expresses Resolve to Protect Pakistan’s Digital Borders
Karachi, November 20, 2024 – Chief of Army Staff General Syed Asim Munir on Wednesday said the protection of Pakistan’s digital borders and the digital security of its people is the responsibility of the state.
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TikTok Vows to Ensure Quality Content in Pakistan
Islamabad, November 20, 2024 – A delegation from TikTok has assured authorities in Pakistan of its commitment to providing quality and meaningful content through its platform, aiming to strengthen its positive impact on society.
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Pakistan Makes $76.28M Import Payment to India in 4MFY25
Karachi, November 20, 2024 – Pakistan has made an import payment of $76.28 million to India during the first four months (July – October) of the fiscal year 2024-25, according to official data from the State Bank of Pakistan (SBP).
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ECC Approves Winter Package to Boost Electricity Consumption
Islamabad, November 19, 2024 – The Economic Coordination Committee (ECC) of the Cabinet has approved a winter package designed to increase electricity demand while reducing the country’s reliance on natural gas during the colder months.
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PM Shehbaz Orders Crackdown on Sugar Sector Tax Evasion
Islamabad, November 19, 2024 – Prime Minister Muhammad Shehbaz Sharif has directed a coordinated effort by the Federal Board of Revenue (FBR), Federal Investigation Agency (FIA), and Intelligence Bureau to address tax evasion, undocumented sugar sales, and price manipulation in the sugar sector.
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November Inflation in Pakistan Expected to Hit Record Low
Karachi, November 19, 2024 – Pakistan’s headline inflation, based on the Consumer Price Index (CPI), is projected to drop to a 78-month low for November 2024, according to analysts at Topline Securities Limited.
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Defence Minister Opens IDEAS 2024 Expo in Karachi
The 12th edition of the International Defence Exhibition and Seminar (IDEAS 2024) kicked off at the Karachi Expo Centre on Tuesday, with Federal Minister for Defence and Defence Production, Khawaja Muhammad Asif, formally inaugurating the event. The exhibition, which runs until November 22, 2024, has attracted over 350 high-level delegations from 55 countries, making it a key regional event for the global defence industry.
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Pakistan Gets $500M ADB Loan for Climate Adaptation Program
Islamabad, November 19, 2024 – Pakistan and the Asian Development Bank (ADB) formalized a $500 million loan agreement on Tuesday under the Climate and Disaster Resilience Enhancement Program (CDREP), signaling a significant step toward addressing the country’s climate challenges and disaster vulnerabilities.
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