Telecom sector attracts $202.34mln FDI during 2020-21

ISLAMABAD: The country’s telecom sector has attracted Foreign Direct Investment (FDI) of $202.34 million during the Fiscal Year 2020-21, which showed investors’ confidence in the policies introduced by the incumbent government for promotion of this industry. “The telecom sector has contributed over Rs 218.8 billion to the national exchequer during the last financial year” said […]

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WB estimates of poverty reduction in Pakistan result of govt’s policies: PM

ISLAMABAD: Prime Minister Imran Khan Friday said that as the World Bank estimates showed reduction in the incidence of poverty in Pakistan to 4.8% in FY 2021 from 5.3% in FY 2020, it was the result of government’s policies of productivity-led growth to create employment. According to the World Bank estimates based on international poverty […]

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Police recover 6 motorbikes, arrest 2 accused

ISLAMABAD: Crime Investigation Agency (CIA) of Islamabad Police has busted four accused of motorbike lifter gang and two drug smugglers, a police spokesman said on Friday. According to details, a CIA police team consisting of ASI Zulfqar Ali along with other officials successfully nabbed four accused of Sheri gang involved in stealing motorbikes. The modus […]

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President upholds Wafaqi Mohtasib’s decision ordering LESCO to restore portion of widow’s commuted pension

ISLAMABAD: President Dr Arif Alvi on Friday upheld the decision of Wafaqi Mohtasib ordering the Lahore Electric Supply Company (LESCO) to restore the commuted portion of pension to the widow of a deceased employee along with increment on the restored portion of pension from the date of his retirement/death. President rejected the representation filed by […]

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Under construction dams to increase water storage capacity by 21.837 mln acre-feet

ISLAMABAD: The under-construction dams will increase country’s total water storage capacity by 21.837 million acre-feet after completion. Garuk Dam, Winder Dam, Papin Dam, and Pelar Dam having combined water storage capacity of 0.142 million acre-feet are all set to start functioning in the coming days, said an official source of ministry of water resources. While, […]

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PIA CEO expresses grief over demise of Captain Fazal

ISLAMABAD: Chief Executive Officer (CEO) of Pakistan International Airlines (PIA) Air Marshal Arshad Malik on Friday expressed deep grief and sorrow over the demise of eminent Captain Fazal Ghani Mian, who passed away after prolonged illness. In a condolence message, he said the deceased was one of the most respected and eminent Captains of the […]

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