The State Bank of Pakistan (SBP) has decided to increase the average Cash Reserve Requirement (CRR), to be maintained during a period of two weeks by scheduled banks, from 5 percent to 6 percent.The central bank has further notified that the minimum CR…
President Dr. Arif Alvi has upheld two different decisions of the Banking Mohtasib (BM) ordering Al Baraka Bank Ltd (ABBL) and Habib Bank Ltd (HBL) to pay Rs. 9.145 million to Zahida Naseem and Rs. 5 million to Mushtaq Ahmed Bajwa, respectively, who ha…
The percentage of Pakistan Railways’ deficit as compared to revenue increased from 73.87 percent in 2017-18 to 97.68 percent in 2020-21, while income declined from Rs. 49.58 billion to Rs. 48.65 billion during this period.This was revealed by Railways …
The government has not implemented a majorly approved recommendation of Mobile Device Manufacturing Policy of removal of fixed Sales Tax on CKD/SKD manufacturing of mobile devices above USD 200 category.This was revealed by the Ministry of Industries a…
The Ministry of Planning and Development has announced that issuing poverty figures and mapping poverty in the country has been suspended until 2023.This was revealed by the ministry in a written reply presented in a session of the Senate today (Friday…
WhatsApp is working on a list of new features for the chatting app and the latest one leaked today aims to improve Last Seen. As always, the leak comes from none other than WABetaInfo, the team of developers known for leaking upcoming WhatsApp features…
The Higher Education Commission (HEC) informed a Senate panel on Friday that the performance of many renowned universities has been observed to be dissatisfying.Senator Irfan Siddiqui chaired a meeting of the Senate Standing Committee on Federal Educat…
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