Category: Affairs

Pakistan’s first-ever Digital Development Index (DDI) measures digital development progress across Pakistan’s provinces and districts, placing the country in the ‘moderate’ digital development category with a cumulative DDI of 0.205, in the Pakistan National Human Development Report (NHDR) 2023/2024 ‘Doing Digital for Development: Access, Adopt, Anticipate, Accelerate’ launched here on

The federal cabinet has reportedly approved allowing audit exemption certificates for secret service expenditure of the Intelligence Bureau (IB). Sources told ProPakistani that the Federal cabinet through circulation approved the Cabinet division summary concerning the audit exemption certificate for secret services Expenditure of the IB. The Federal cabinet last year

US Department of State Spokesperson Mathew Miller has warned of potential sanctions against countries who do business with Iran, citing the risk of sanctions. He recently said this in response to a query regarding Pakistan’s latest trade agreements with Iran. While he didn’t specifically threaten Pakistan, Miller recalled that the

Prime Minister Muhammad Shahbaz Sharif has suspended Chief Commissioner Inland Revenue (Islamabad) and all associated officers for deliberately delaying tax cases, sources told ProPakistani. The Prime Minister has taken personal charge of overseeing the implementation of Federal Board of Revenue (FBR) reforms and ordered an inquiry into the matter. Tax

Pakistan Stock Exchange (PSX) held a gong ceremony to formally mark the listing of the Mahaana Islamic Index Exchange Traded Fund (MIIETF) managed by Mahaana Wealth Limited (MWL). Akif Saeed, Chairman SECP, and Henrik Persson, Ambassador of Sweden to Pakistan, graced the occasion as Chief Guests. The gong was struck

The Pakistan Stock Exchange (PSX) on Monday issued notices to four listed companies to explain the unusual movement in their share prices. The main bourse issued notices to Dewan Farooque Motors Limited (PSX: DFML), Ghandhara Automobiles Limited (PSX: GAL), Standard Chartered Bank (Pakistan) Limited (PSX: SCBPL) and TPL Insurance Limited

The Competition Commission of Pakistan (CCP) has granted a time bound approval to the exemption application for the technology transfer and license agreement between the Sui Southern Gas Company Limited (SSGCL) and US-based Itron Inc. with certain conditions to be complied. The scope of agreement where exclusivity clauses have been

China’s Shanghai Electric Power Company has withdrawn its public announcement of intention (PAI) for acquiring up to 66.40 percent ordinary share capital of K-Electric Limited (directly or indirectly), K-Electric (PSX: KEL) informed the main bourse on Monday. The Chinese power giant has been trying to buy KE shares for over