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pakistan

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Pakistan launches art competition for new currency notes

  • 3 min
State Bank of Pakistan (SBP) launches Art Competition for new banknote designs to combat fake currency, inviting artists, designers, and students to submit designs by March 11, 2024. The competition encourages themes reflecting cultural, social, and environmental elements, with cash prizes awarded for the top three designs of each denomination. For details, visit SBP's website.
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Pakistan’s democracy affected by ‘politics of hatred, division’: Bilawal

  • 3 min
PPP Chairman Bilawal Bhutto-Zardari emphasized the need to move away from the "politics of hatred, division" in Pakistan, suggesting that it has deeply affected the democracy and government system. He also highlighted key issues such as inflation and unemployment, outlining the PPP's manifesto for addressing these challenges and creating green job opportunities.
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5G to be launched in Pakistan by August 2024: IT Minister

  • 2 min
5G services will be launched in Pakistan by July-August 2024, announced by Caretaker Federal Minister for Information Technology and Telecommunication Dr Umar Saif at the Pakistan Mobile Summit. Efforts are being made to enhance the optic fiber network and promote the local mobile industry, with plans to offer a 300MHz spectrum for auction. Government incentives are being provided to support industry growth.
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Pakistan to get new currency notes of all denominations

  • 2 min
The State Bank of Pakistan has decided to introduce new currency notes across all denominations to combat the circulation of counterfeit notes. The new notes will incorporate state-of-the-art security features and have new designs and serial numbers. This initiative aims to enhance the security of legal tender and curb illicit financial activities.
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Zayn Malik to tour Pakistan following ‘AUR’ collab?

  • 2 min
Pop star Zayn Malik is set to tour Pakistan after his successful collaboration with the Pakistani musical trio AUR on the song 'Tu Hai Kahan'. The UK's High Commissioner to Pakistan, Jane Marriott, extended the invitation to Malik via a tweet, expressing excitement about the UK-Pakistan Urdu collaboration with AUR. This follows the global recognition received by AUR for their music.
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Gold rates decline in Pakistan

  • 1 min
Gold prices in Pakistan dropped as the tola rate of 24 karat gold decreased by Rs1400, while the price of 10 grams of 24 karat gold increased by the same amount to Rs213,800. The international market saw a $12 rise to $2035. Silver prices also decreased, as per All Sindh Sarafa Jewellers Association.
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Pakistan raises Ram temple issue at OIC meeting

  • 2 min
Pakistan raised concerns about the construction of the Ram temple in place of the historic Babri Masjid at an OIC meeting in New York. Ambassador Munir Akram shared a letter addressing the UNAOC High Representative, expressing condemnation and seeking protection for Islamic sites in India. The issue will be included in the agenda of the next OIC ambassadorial meeting.
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Nawaz Sharif criticises opponents for ruining Pakistan’s economy

  • 2 min
Nawaz Sharif criticized political opponents for damaging Pakistan’s economy. He expressed regret for halted development projects and vowed to bring about prosperity if he comes into power. Sharif also pledged to address economic challenges and improve living conditions, as part of his election campaign ahead of the upcoming general elections.
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Pakistan to carry out special audit of govt departments

  • 2 min
The Pakistan government plans to conduct special audits on various departments to enhance performance and transparency in order to meet IMF demands. The audit will cover state-owned companies such as Sui Southern Gas Company, HESCO, PESCO, and others. New taxes on textiles and sugar are expected to address tax collection shortfalls.
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Gold rates in Pakistan today; January 19 2024

  • 1 min
Gold rates in Pakistan saw an increase on January 19, 2024, with the price for 10 grams of 24 karat gold rising by Rs1300 to Rs215,000. The international market also experienced a rise in gold prices, with spot gold increasing by $13 to $2045. Additionally, spot platinum rose to $910.72 and palladium to $945.57.