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Govt Announces Rs. 13,000 Cash Support for Each Deserving Family Under Ramazan Relief Package
Prime Minister Shehbaz Sharif has unveiled a Rs. 38 billion Ramazan Relief Package aimed at providing direct financial assistance to deserving families across the country. The initiative covers beneficiaries in all four provinces, as well as Gilgit-Baltistan and Azad Jammu and Kashmir. Speaking at the launch ceremony of the PM Ramazan Package 2026, the prime […]
PSL 11 Player Auction Timings Revealed
The Pakistan Cricket Board (PCB) has officially confirmed the timings and key details for the Pakistan Super League (PSL) 11 Player Auction, scheduled to take place at 11:00 AM on Wednesday, February 11, 2026, at Lahore’s Expo Center. The announcement comes amid major developments in the league’s structure ahead of the 2026 season. The Expo […]
Police Bust Fake Medicines Factory in Karachi
Law enforcement authorities in Karachi have uncovered an illegal medicines manufacturing operation, arresting three workers and seizing a large quantity of counterfeit pharmaceutical products. The raid marks a significant step in efforts to curb the circulation of fake medicines that pose serious risks to public health. According to police officials, the operation was carried out […]
Zakat Department Approves Widow Support Card for Financial Assistance
The Zakat Department has approved the launch of a Widow Support Card aimed at providing direct financial assistance to widows. Officials confirmed that the program is scheduled to be rolled out later this month as part of broader welfare initiatives. Under the scheme, eligible widows will receive regular financial support funded through Zakat collections. The […]
Banks to Remain Closed on February 5 for Kashmir Day
The State Bank of Pakistan (SBP) has announced that it, along with all commercial banks, will remain closed on Thursday, February 5, 2026, in observance of Kashmir Day. In an official circular issued on Tuesday, the SBP stated, “The State Bank of Pakistan will remain closed on Thursday, February 5, 2026, being a public holiday […]
Pakistan’s Urea Sales Set to Hit Six-Year Low After Record December Performance
Pakistan’s urea sales are projected to fall sharply in January 2026, marking the lowest monthly off-take in over six years. According to research by Topline Securities, the decline follows record-breaking purchases in December, combined with tapering seasonal demand and reduced manufacturer discounts. The sector research highlights that fertilizer sales slowed dramatically both month-on-month (MoM) and […]
Government Moves to Reduce Reliance on Bank Financing Through Capital Market Reforms
The federal government has announced plans to reduce Pakistan’s reliance on bank financing by advancing capital market reforms, signaling a strategic shift in the country’s financial framework. This decision aims to lower transaction costs, broaden investor participation, and strengthen alternative funding sources for businesses and institutions. The initiative was discussed during a meeting between Finance […]
PIA Privatisation Agreement Signed in Islamabad, Marking Major Reform Milestone
An important step in Pakistan’s economic reform agenda was completed on Thursday as the privatisation agreement of Pakistan International Airlines (PIA) was formally signed during a ceremony held in Islamabad. The development marks a significant milestone in the government’s efforts to restructure state-owned enterprises and improve their long-term sustainability. Prime Minister Shehbaz Sharif attended the […]
Govt Makes Energy-Efficient Products Mandatory to Cut Power Costs in Public Sector
The federal government has taken a significant step toward reducing electricity consumption and controlling rising power costs by making energy-efficient products mandatory for all public sector procurement. Under the new policy, federal government departments and institutions will now be required to purchase only energy-efficient, star-rated products for official use. The directive has been formally notified […]
Scotland Unveils 15-Member Squad for ICC T20 World Cup 2026
Cricket Scotland has officially announced its 15-member squad for the ICC Men’s T20 World Cup 2026, scheduled to take place in India and Sri Lanka from February 7 to March 8. The team will be led by experienced top-order batter Richie Berrington, who brings valuable leadership and international experience to Scotland’s campaign. Eleven members of […]