Poland concerned over SBP’s restrictions to control foreign reserves

    By NewzTodays Editorial Team | October 7, 2022

    Poland has expressed serious concerns over restrictions imposed by the State Bank of Pakistan and implemented through all commercial banks’ trade sections to control foreign currency reserves. Poland’s Ambassador to Pakistan expressed his concerns towards issues facing some polish companies after a change implemented by the State Bank of Pakistan through all commercial banks’ trade…

    US Delivers Additional 8 Million Pfizer COVID-19 Vaccine Doses

    By NewzTodays Editorial Team | October 7, 2022

    The United States government, through the U.S. Agency for International Development (USAID) and in partnership with the Government of Pakistan, has delivered an additional batch of 8 million Pfizer COVID-19 pediatric vaccine doses to Pakistan. This shipment increases the United States’ donation to more than 78 million safe and effective COVID-19 vaccine doses to the…

    IGCEP: Nepra should consult all stakeholders to ensure energy Security

    By NewzTodays Editorial Team | October 6, 2022

    Dr. M. Ilyas Fazil The National Electric Power Regulatory Authority (Nepra) should consult all stakeholders on the indicative generation capacity expansion plan (IGCEP) 2021–30 to avoid serious supply disruption issues. In a letter addressed to the Registrar of NEPRA, different concerns have been raised that Nepra should address by taking all stakeholders on board. The…

    Import quota, LCs prior permission hamper Indus Motor’s Production

    By NewzTodays Editorial Team | September 27, 2022

    Indus Motor Company Limited has expressed concerns over the import quota and prior permission of Letters of Credit (LCs) which are hampering the production of cars. Indus Motor’s production of cars has declined due to restrictions. The management of Indus Motor Company Limited (INDU) has expressed concerns over the restrictive production of vehicles under recent…

    World Bank plans flood-related support of up to $1.7b

    By NewzTodays Editorial Team | September 22, 2022

    The World Bank (WB) said on Thursday that it planned to provide flood-related support of up to $ 1.7 billion through existing and new projects. It has also termed Pakistan’s policy shift towards renewables as a step in the right direction Pakistan’s policy shift towards renewables is a step in the right direction”, remarked Martin…

    Chairman WAPDA visits Diamer Basha Dam to review construction activities

    By NewzTodays Editorial Team | September 22, 2022

    Chairman WAPDA Lt Gen Sajjad Ghani (Retd) visited Diamer Basha Dam, which is being constructed on the River Indus, 40 Km downstream of Chilas town. DG FWO Maj Gen. Kamal Azfar accompanied him during the visit. CEO Diamer Basha Dam Company, CEO Diamer Basha Consultants Group, and representatives of the Contractors i.e. Power China and…

    Govt plans to subsidize seeds and fertilizer for farmers before the Rabi season sowing

    By NewzTodays Editorial Team | September 22, 2022

    The government has planned to subsidize seeds and fertilizers for flood-affected farmers before rabi season sowing. The World Bank will provide financial support of $22.2 million for the rehabilitation of flood-affected farmers through a project. Islamabad (22 Sep 2022): Federal Minister for National Food Security and Research Tariq Bashir Cheema welcomed a delegation led by…

    The dollar breaks the previous record and hits Rs240

    By NewzTodays Editorial Team | September 21, 2022

    The dollar continues to depreciate and breaks the previous high and hit Rs240 during intraday trading. The dollar hit 240 rupee level at interbank The dollar at the interbank went up by Rs 1.09. The dollar breaks the previous high of Rs 239.94 reached on July 28 During Shahbaz Shareef, the government dollar is up…

    PESCO Khawaza Khela-Madyan Transmission Line Restored

    By NewzTodays Editorial Team | September 20, 2022

    NTDC extended support to PESCO for early completion & Restoration of power supply to flood-hit areas of Swat NTDC Headquarter WAPDA House Lahore (20 Sep 2022). The rehabilitation work on 132 kV Khawaza Khela-Madyan transmission line has been completed and power supply to the flood-hit areas of Swat (KPK) has been restored. The NTDC spokesman…

    Kyrgyz armed forces open fire on Tajik Village, violate ceasefire Conditions

    By NewzTodays Editorial Team | September 17, 2022

    DUSHANBE – According to the Press Center of the Border Troops of the State Committee for National Security of Tajikistan, the Kyrgyz armed forces disregarded the conditions and requirements of the declared ceasefire and opened fire today at 11:50 from Grad military equipment from the Jonoloy district of the Kyrgyz Osh region on the houses…