Business
The Pakistani government is advancing plans to incorporate cryptocurrency into the financial sector, signalling a potential shift in how digital currencies are viewed and regulated in the country. Sources told Dawn that a top-level meeting held on Tuesday focused entirely on virtual assets. Senior officials, along with representatives from
weather
Monsoon rains are set to persist across Pakistan for at least two more days, according to the Meteorological Department, prompting officials to raise the alarm over possible flooding in both urban and riverine areas. Officials say July has brought 25% more rain than usual across the country, though Sindh has
World
Russia's Far Eastern Kamchatka Peninsula has been hit by a massive earthquake, registering a magnitude of over 8.8, making it the strongest globally in over a decade. The USGS said the quake struck around 136km east of Petropavlovsk-Kamchatsky, deep beneath the Pacific seabed. Following the quake,
National
Consumers in Pakistan are expected to receive much-needed relief at the fuel pumps, as petroleum prices are likely to decrease from August 1, according to reliable sources. The ex-refinery price of petrol is anticipated to drop by Rs9.7 per litre, while high-speed diesel (HSD) may see
Government
The Punjab government has introduced a new incentive scheme aimed at encouraging eco-friendly transport and reducing carbon emissions. Under the initiative, motorcyclists who convert their petrol-powered bikes to electric ones will receive a reward of Rs. 100,000. The scheme is part of the Green Credit Program, which
Business
Gold became cheaper in Pakistan on Tuesday as local rates reflected a drop in the global bullion market. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), gold prices per tola declined by Rs1,600, reaching Rs354,700. The price for 10 grams also decreased to Rs304,098,
Business
The Economic Policy & Business Development (EPBD) think tank has rejected the assertion that Pakistan's current economic stability is artificial or unsustainable. The think tank stated that Pakistan's economic stability is built on sound fundamentals, and not artificial interventions. Pakistan's economic stability reflects genuine
Technology
In a move to curb the growing threat of digital financial scams, Pakistani authorities have decided to place all call centers under a formal licensing regime. Officials say the decision aims to prevent fraudulent operations that have been exploiting unsuspecting citizens across the country. The new licensing process will require
National
A recent audit reviewed by the Public Accounts Committee (PAC) has revealed that the Ministry of Information and Broadcasting diverted the majority of a grant intended for flood awareness campaigns to unrelated government advertising. Out of the Rs. 1.95 billion fund allocated for public messaging on flood preparedness during
National
The government of Sindh has declared that entry to all museums and historical sites in the province will be free from August 1 to 14 as part of Pakistan’s Independence Day celebrations. The decision is part of a larger effort to reconnect citizens with their cultural roots. The campaign
Technology
Google has admitted that its Android Earthquake Alerts system failed to provide timely and accurate warnings during Turkey’s catastrophic 2023 earthquakes, sparking debate over the reliability of private tech in public safety roles. During the first of two major earthquakes that struck southeastern Turkey, the system issued just 469
Sports
A delegation from the British Esports Federation held detailed discussions with the Pakistan Esports Task Force at the Prime Minister’s Office to shape the future of competitive gaming in the country. Led by Rana Mashhood Ahmed Khan, Chairman of the Prime Minister’s Youth Programme, the meeting aimed at