By NewzTodays Editorial Team | December 4, 2021

News Report Karachi: Cyber security is the first important pillar of digital policy 2021 of the IT Ministry. The digital transformation of Pakistan corresponds with Cyber Security. Cabinet had approved Pakistan’s first cyber security policy this year. The government has expressed commitment to introducing National Artificial Intelligence Policy soon. Federal Minister IT and Telecommunication Syed Aminul…

By NewzTodays Editorial Team | December 1, 2021

News Report Economic Coordination Committee (ECC) of the cabinet has directed Commerce Ministry to take all stakeholders on board before taking a decision on the export of rice and pharmaceutical items to Afghanistan in Pak Currency. The economic decision-making body had directed the commerce ministry to submit a case relating to the export of proposed…

By NewzTodays Editorial Team | November 26, 2021

Aftab Ahmed  Saudi Arabia will provide a US$100 million per month oil deferred payment facility for one year. In this regard, Pakistan will sign the financing agreement on the import of Saudi Oil (petroleum products/Crude oil) with the Saudi Arabia Fund for Development. During the Prime Minister’s visit to the Kingdom of Saudi Arabia from…

By NewzTodays Editorial Team | November 21, 2021

By Ms Irram Nazish The middle class is viewed that a class that segregates the lower and upper classes, commonly refers to rich and the poor, yet there is no consensus on the exact boundaries that differentiates them. The emerging middle class in Pakistan which has been considered vibrant in the growing economy has evolved…

By NewzTodays Editorial Team | November 8, 2021

News Report The government has reappointed Brig (Retd) Shujah Hassan Khurazmi as CEO, Pakistan Steel Mills.   Pakistan Steel mills had been dysfunctional since June 2015.   This led to issues of land grabbing, theft, misuse of resources, rationalization of Human resources of PSM.   Other issues were national and international litigation and fulfillment of…

By NewzTodays Editorial Team | November 4, 2021

Ibn-e-Ameer Islamabad: Federal Investigation Agency (FIA) informed the cabinet committee on energy (CCoE) that it had arrested CEO Fossil Energy, petroleum, and Ogra officials for alleged involvement in the oil crisis. The country had faced an oil crisis in June last year when oil prices had crashed due to covid lockdowns. FIA presented the finding…

By NewzTodays Editorial Team | November 3, 2021

Ibn-e-Ameer   Islamabad: Finance advisor Shukat Tarin has opposed a proposal to subsidize the import of tractors.   The food Ministry wants to allow the import of tractors, breaking the monopoly of existing manufacturers.   In a meeting, cabinet members had agreed to allow the import of tractors of high horsepower. But, Shaukat Tarin opposed…

By NewzTodays Editorial Team | November 1, 2021

Ibn-e-Ameer If you are looking for help with solar panel systems, you are at the right place because here, we guide you and tell you everything you need. The solar panel has become an essential part of every home and office because you need to invest money once and use the electricity for life without…

By NewzTodays Editorial Team | October 28, 2021

Is there anything you like doing more than sitting around? Do you want to cause mischief because you’re bored? You can make Funny Numbers To Call with these entertaining numbers. There’s no chance you’ll run into Abdo or Buk Lau on the other side, It’s not exactly a perfect solution, but close enough. Phone numbers…

By NewzTodays Editorial Team | October 18, 2021

Our Correspondent PSMC is likely to report EPS of Rs9.11/sh during 3QCY20 against LPS of Rs1.66 during 3QCY19. This profitability shift is because of higher fixed cost coverage as PSMC recorded the highest ever sales of Rs52billion. It will be up 2.31/1.74x YoY/QoQ, given the sales tax reduction in the FY22 Budget. However, gross margins…