By NewzTodays Editorial Team | October 12, 2021

Ibn-e-Ameer Islamabad: The government has increased the subsidy on fertilizers to Rs 8 billion for Rabi Season. Earlier, the economic coordination committee (ECC) had approved Rs 6 billion subsidy on fertilizers for the Rabi season. However, Food Ministry had requested the economic coordination committee to increase subsidy on fertilizers from Rs 6 billion to Rs…

By NewzTodays Editorial Team | September 27, 2021

S Sultan Apple is a well-known electronics brand that is popular worldwide because of its branded devices and products. Now it has become one of the biggest multinational companies worldwide, generating revenue of $300 billion that is a very massive amount and many times enormous than the budget of the small developing countries. In this…

By NewzTodays Editorial Team | September 27, 2021

Ibn-e-Ameer Islamabad: In another breakthrough, Pakistan has included Uzbekistan in the Business Visa List (BVL) for visa facilitation. During recent years, Pakistan and Uzbekistan have boosted relations in different areas. Prime Minister Imran Khan had also recently visited Uzbekistan, and two countries reiterated to enhance cooperation in different areas of the economy. Pakistan, Uzbekistan sign…

By NewzTodays Editorial Team | September 25, 2021

News Report Pakistan has become a 4G Smartphone exporter as Airlink Communication exports the first badge of 1500 locally manufactured smartphones to the United Arab Emirates. Advisor to Prime Minister on Commerce Razak Dawood announced it in a tweet here on Saturday. He said that it is heartening to see that within a short period…

By NewzTodays Editorial Team | September 23, 2021

News Report Islamabad: National Electric Power Regulatory Authority (Nepra) on Thursday allowed the government to cut subsidies for power consumers to take 8 million consumers out of the subsidy net. In its decision, it also increased the benchmark for lifeline consumers from 50 to 100 units per month. At present, as many as 22 million…

By NewzTodays Editorial Team | September 23, 2021

State Bank of Pakistan (SBP) has tightened regulators for auto financing to moderate import bills. State Bank of Pakistan has revised Prudential Regulations for Consumer Financing aimed at reducing import bill and demand growth. The Monetary Policy Committee observed tightening of consumer finance may result in moving towards gradually normalizing monetary conditions. Policy 2021-26: Several…

By NewzTodays Editorial Team | September 23, 2021

News Report Islamabad: The economic coordination committee (ECC) has approved the lowest bid for the import of 120,000 metric tons of wheat. ECC accorded approval for the lowest bid received for the award of the fourth international wheat tender for the FY 2021-22 to import 120,000 MT of wheat. Ministry of National Food Security &…

By NewzTodays Editorial Team | September 23, 2021

S Sultan Apple unveiled the Apple Watch 7 series in different colors on September 17 along with the release of the iPhone 13. The company launched Apple Watch 7 series in different colors keeping in mind the aesthetic sense and choice of customers. Therefore, it may have all features, specs, and colors to appeal to…

By NewzTodays Editorial Team | September 22, 2021

Aftab Ahmed Pakistan and Etisalat International have agreed to hire international firms to evaluate properties to settle 15 years old outstanding dues of $ 800 million against PTCL sale proceeds to UAE’s Etisalat by transferring a $275 million payment by UAE telecom firm. Federal Minister for Finance and revenue, Mr. Shaukat Tarin, held a virtual…

By NewzTodays Editorial Team | September 22, 2021

News Report Aisha Steel Mills Limited (Pakistan) and Marubeni-Itochu Steel Inc. (MISI) (Japan) have entered into a strategic alliance and have signed a Trade Development Agreement (TDA) in order to expand steel business in Pakistan. Pursuant to the TDA, it has been agreed that subject to certain conditions, ASML appoints MISI as its supplier for…