In a recent development, the government is contemplating a potential reduction in the tariff for solar net metering. This consideration has significant implications for individuals and businesses engaged in solar energy generation and could impact the overall dynamics of the renewable energy sector in the country. The exploration of a reduction in solar net metering…
In a recent development, the rates of profit on National Savings Schemes (NSS) have experienced another decrease. This adjustment in rates impacts investors participating in NSS, signaling a shift in the financial landscape that could influence investment decisions and preferences. The reduction in rates on NSS underscores the dynamic nature of financial markets, where factors…
‘Awaaz: Echoes of Freedom and Justice’ is Ansar Burney’s memoir chronicling his transformation from a student leader to a champion of human rights. Authored by Burney, co-written/edited by Shehar Bano Rizvi and Tasneem Premjee Chamdia, Awaaz memorializes Burney’s lifelong global struggle for human rights, and underscoring our transcendant common humanity. While jailed in 1977 Burney…
The Government of Punjab has introduced extended evening OPD timings for pediatrics till 8pm daily at Mayo Hospital, Lahore. This initiative has been implemented in collaboration with ChildLife Foundation to facilitate the increased flow of children coming in for treatment and seeks to address the consultation needs of sick children, particularly during the evening hours…
Pakistani motorsports takes a leap forward as the Omni Racing team, comprised of the top 4 racing drivers of the country, Syed Ovais Naqvi (c), Shahzeb Qureshi, Omer Khuhro, and Sanaan Jamali, prepares to compete in the first round of the Dubai Endurance Championship 2024 on Feb 24. “Motorsports in Pakistan has long lacked a…
Vision Eye Care, an international relief organization dedicated to the prevention of blindness with a footprint in 39 countries around the world, launched its 35th cataract surgery project, the ‘Vision Eye Camp,’ in Karachi and Lahore. Organized through sponsorships from the Parwaaz Financial Services Limited, CITI Group, Hanananum Foundation, Lotte Akhtar Beverages (Pvt) Ltd, Haimont Group,…
The year 2023 saw a notable escalation in cyber threats, with incidents spiking by 17% in Pakistan. This surge in threats underscores the growing challenges and vulnerabilities in the digital landscape, necessitating heightened cybersecurity measures and proactive strategies to safeguard individuals, organizations, and critical infrastructure from malicious activities. The observed increase in cyber threats reflects…
In a concerning trend, power generation in Pakistan continues to experience a decline, coupled with a notable increase in fuel costs. The month of January 2024 witnessed a 23% surge in fuel expenses, posing challenges to the country’s energy sector and raising questions about the sustainability of power production. The decrease in power generation, combined…
In a proactive move, the Federal Board of Revenue (FBR) has extended an invitation for proposals pertaining to customs-related budget considerations for the fiscal year 2025 (FY25). This initiative underscores FBR’s commitment to engaging stakeholders and incorporating diverse perspectives in the formulation of customs policies that align with the economic landscape of the country. The…
In a noteworthy development, Pakistan has experienced a substantial surge in foreign investment outflow, marking a five-year high. This trend raises significant concerns and points to a shift in the investment landscape of the country. The recent data indicates a substantial increase in the outflow of foreign investments from Pakistan, depicting a challenging scenario for…
