Mega projects launched to ease Islamabad traffic: PTCL Chowk and Serena Interchange
Islamabad: The Capital Development Authority opened financial bids, receiving offers of Rs4.2 billion for the Serena interchange and Rs4.1 billion for the PTCL Chowk. As a result, the massive projects to streamline traffic at two significant intersections, Serena Chowk on Khayaban-i-Suharwardi and PTCL Chowk on 9th Avenue, will likely begin later this month. Read More: […]
CDA Afforestation: Agreement For 700-Acre Afforestation Projects
Islamabad: As per the latest updates, the Capital Development Authority (CDA) and Climate Change Coordinator Romina Khurshid Alam have signed an agreement for a 700-acre afforestation project near Bhara Kahu. Raed More: Pakistan Stock Market Hits Strongest Season According to specifics, Chairman CDA prior to discussing CDA afforestation project gave a summary of the many […]
SECP Enrolls Almost 2,600 New Companies in September 2024
Islamabad: As per the latest updates, in September 2024, 2,617 new companies are enrolled with the Securities and Exchange Commission of Pakistan (SECP), a 5.7% increase over the same month the previous year. The total number of registered companies is currently 231,111. Read More: Pakistan’s Inflation Decreases to 44-Month Low, Records 6.9% For September Furthermore, […]
Pakistan’s Inflation Decreases to 44-Month Low, Records 6.9% For September
Islamabad: Pakistan‘s inflation annual rate has significantly decreased to a 44-month low of 6.9%, primarily due to favorable base effects and a decline in non-perishable food prices. This positive development offers the central bank a significant opportunity to implement multiple interest rate cuts to stimulate the economy. Read More: FBR Announces Extension in Tax Return Deadline […]
Chairman CDA Discusses Beautifying Efforts Ahead of The SCO Summit In Islamabad
Islamabad: Chairman CDA called a crucial meeting at which Member Administration, Member Engineering, and other senior executives were also invited. A review of the ongoing beautification drive in Islamabad and the enhancement of the Jinnah Convention Center (JCC) in anticipation of the Shanghai Cooperation Organization (SCO) conference were discussed during the meeting. Read More: Pakistan’s Economy […]
Oil Prices Reduced in Pakistan
Islamabad: The federal government has declared that the petroleum products will drop once again. Oil prices have dropped for the past five years, mostly because of a decline in global oil prices. Read More: Electric Buses Acquiring by CDA: Belarus Offered Full Support The price of high-speed diesel has fallen by Rs. 3.40 per liter […]
FBR Announces Extension in Tax Return Deadline
Islamabad: Following the rejection of reports about an extension of the deadline for filing income tax returns for the 2024 tax year, the Federal Board of Revenue (FBR) has reversed course and declared an extension. Read More: Pakistan’s Economy Shows Improvement Up to 3.2% in FY25, IMF States The Federal Board of Revenue announces […]
Galiyat Valley Making Records As 1 million Tourists Have Visited this Year
Islamabad: Shahrukh Ali, the director general of the Capital Development Authority (CDA), highlighted the need to encourage environmentally friendly travel while stressing the government’s dedication to sustainable tourism practices. He mentioned that over a million tourists have visited Galiyat Valley this year, marking a notable increase in tourism. Read More: Electric Buses Acquiring by CDA: […]
Pakistan’s Economy Shows Improvement Up to 3.2% in FY25, IMF States
Islamabad: The International Monetary Fund (IMF) has acknowledged the improvement and progress in Pakistan’s economic. The country’s GDP growth rate is projected to reach 3.2% in the current fiscal year (2024-25), compared to 2.4% in the previous year. This improvement is attributed to consistent policy implementation under the 2023-24 Stand-by Arrangement (SBA). Read More: Textile […]