News Updates

Day: January 2, 2025

Pakistan’s Inflation Reaches Lowest Level in Over Six Years

ISLAMABAD: Pakistan’s inflation rate has decreased to its lowest point in more than six and a half years, with the consumer inflation rate slowing to 4.1 percent in December, according to recent reports. According to Radio Pakistan, the Pakistan Bureau of Statistics reported that the country’s inflation rate has sharply

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Interior Minister Urges Swift Completion of Serena Interchange Project

ISLAMABAD: Interior Minister Mohsin Naqvi conducted an on-site inspection of the Serena Chowk interchange project, emphasizing the need for expedited work to meet the project deadline. The project is advancing rapidly, with significant progress observed during the minister’s visit. According to Radio Pakistan, the Interior Minister instructed authorities to hasten

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Shafqat Ali Khan Appointed as New Foreign Office Spokesperson

ISLAMABAD: Additional Foreign Secretary Ambassador Shafqat Ali Khan has been appointed as the new Spokesperson for the Ministry of Foreign Affairs. This announcement marks a significant change in the leadership of the Foreign Office’s communications arm. According to Radio Pakistan, Ambassador Shafqat Ali Khan succeeds Ambassador Mumtaz Zahra Baloch, who

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SIFC Drives Electric Vehicle Industry Growth with $250 Million Investment

ISLAMABAD: The Special Investment Facilitation Council (SIFC) is spearheading efforts to bolster the electric vehicle (EV) industry in Pakistan by forging partnerships with international companies. The initiative aims to set up EV manufacturing units and develop essential charging infrastructure, as part of a broader strategy to transform the country’s transportation

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PM Commends Navy for Major Drug Bust in Arabian Sea

ISLAMABAD: Prime Minister Shehbaz Sharif has praised the Pakistan Navy for its successful anti-narcotics operation in the North Arabian Sea, highlighting the strategic importance of maritime security in combating drug trafficking. According to Radio Pakistan, Prime Minister Sharif expressed his appreciation for the crew of PNS Moawin, who intercepted and

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Govt Prioritizes Export-Oriented Industries, Says Commerce Minister

ISLAMABAD: The government is committed to promoting export-oriented industries and projects, Minister for Commerce Jam Kamal Khan said during a meeting with a delegation from the Rawalpindi Chamber of Commerce and Industries. The initiative, aimed at bolstering the country’s economic growth, underscores the administration’s focus on expanding its footprint in

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REMIT Committee Reviews Sectoral Progress with Emphasis on Climate Change

ISLAMABAD: The third meeting of the Revenue Mobilization, Investment and Trade Program (REMIT) Steering Committee convened in Islamabad under the leadership of Finance Minister Muhammad Aurangzeb. The gathering focused on evaluating the advancements made by stakeholders in various sectors, aiming to bolster macroeconomic stability and establish an environment conducive to

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