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Author: Shoaib Ansari

Shoaib Ansari

Shoaib Ansari is the editor in chief of The Pakistan

12-month FDI jumps 88pc to $2.56bn

12-month FDI jumps 88pc to $2.56bn

Foreign direct investment into the country jumped by 45 percent in June to $174.8 million compared to May 2020 after recording declines for two consecutive months in the last quarter of fiscal year 2019-20, latest

Pakistani Rupee loses Against the Dollar

Pakistani Rupee loses Against the Dollar

The rupee in the interbank market lost 34 paisas to end Thursday’s session at the level of Rs167.33 against the greenback.  Meanwhile, in other currencies, the euro at the open market was up by 50

Govt approves four major road projects

Govt approves four major road projects

The government’s Executive Committee of the National Economic Council (Ecnec) approved major road projects in the provinces of Balochistan, Sindh and Khyber Pakhtunkhwa. The four road projects would cost around Rs290 billion.  The projects include:

Govt allows officials to meet Indian spy

Govt allows officials to meet Indian spy

Indian High Commission officials apparently refused to meet their own compatriot and armed forces official, currently under arrest in Pakistan, after seeking permission for consular access to the prisoner.  Confirming the development, the Foreign Office

Load shedding due to power theft, says KE CEO

Load shedding due to power theft, says KE CEO

Karachi’s power utility company K-Electric's Chief Executive Officer Moonis Elahi on Thursday blamed the city-wide power theft as the main cause behind long power outages and energy shortfall to meet the demand.  He said the

Pakistan Rain forecast for Thursday, Friday

Pakistan Rain forecast for Thursday, Friday

The Pakistan Meteorological Department (PMD) on Thursday said that various areas of the country are expected to experience rain with thunderstorms during the day whereas some regions will brave hot and humid weather.  “It will

YouTube takes down Hadiqa Kiani’s song on Kashmir

YouTube takes down Hadiqa Kiani’s song on Kashmir

Music and video streaming platform YouTube removed the song titled “A Song of Sacrifice” performed by Pakistani artist Hadiqa Kiani and Turkish singer Ali Tolga citing technical issues.  “Our tribute to Kashmir was removed from

Every pilot’s license is valid: CAA

Every pilot’s license is valid: CAA

Pakistan’s airline regulator the Civil Aviation Authority on Thursday contradicted the claims made by the Aviation Minister Ghulam Sarwar Khan and said that all licenses issued to the pilots were genuine and valid.  “It is

Sindh government extends lockdown till Aug 15

Sindh government extends lockdown till Aug 15

Sindh Government on Thursday extended the province-wide lockdown for another month till August 31 after holding consultation with the federal government’s National Command and Operation Centre.  “In continuation of order of even number dated 1

Pakistani rupee to remain stable in 2020: Fitch

Pakistani rupee to remain stable in 2020: Fitch

Pakistani rupee will remain stable in the short-to-medium term as soft demand for the country’s assets will cool the pressures on the rupee, said Fitch Solutions -- research arm of the Fitch Ratings.  “Soft demand