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WASA head office to be shifted on solar power

FAISALABAD, Jan 13 (APP):The Water & Sanitation Agency (WASA) has decided to shift its head office on solar energy system as part of a comprehensive plan to reduce electricity costs. Presiding over a meeting, Managing Director WASA Saqib Raza said that a new control room would be established and made fully operational before the upcoming […]

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FDA to auction 377 residential plots in FDA City

FAISALABAD, Jan 13 (APP):The Faisalabad Development Authority (FDA) administration has considered a proposal to auction 377 residential plots of various sizes in FDA City through balloting. In this regard, Director General (DG) FDA Muhammad Asif Chaudhary has ordered for devising comprehensive and viable model for the sale of these plots via lucky draw on an […]

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SECP warns general public to beware of unauthorized investment platforms

ISLAMABAD, Jan 13 (APP):The Securities and Exchange Commission of Pakistan (SECP) has identified illegal online trading platforms operating under the names “Hillhouse Capital/ Hillhouse Investment” and “S-169 Wharton.” These platforms are enticing the public with exaggerated promises of high returns on investments in listed company shares, said a release issued here on Tuesday. The public […]

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KP govt working on regularization of DAK arms cluster

PESHAWAR, Jan 13 (APP):An important meeting of the committee established to regularize the arms manufacturing business cluster of Darra Adam Khel (DAK) was held here with KP Minister for Law Aftab Alam in the chair on Tuesday. Besides, the Managing Director (MD) Small Industries Development Board (SIDB), Deputy Managing Director of KP TEVTA, KP Economic […]

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FESCO PRO appointed manager of WAPDA tug-of-war team

FAISALABAD, Jan 13 (APP):Director Public Relations FESCO Engineer Muhammad Saeed Raza has been appointed as manager of the WAPDA tug-of-war team for strengthening the administrative affairs of men and women teams. A FESCO spokesman said here on Tuesday that according to a notification issued by WAPDA Sports Board, the appointments were made with the approval […]

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PSX gains 1,567 points to close at 183,951 points

ISLAMABAD, Jan 13 (APP):The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) on Tuesday closed bullish, gaining 1,567.36 points, a positive change of 0.86 percent, to settle at 183,951.50 points compared to 182,384.15 points on the previous trading day, according to PSX data. During the session, the ready market witnessed a trading volume of […]

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Torkham Customs seizes over 21,000 rounds of arms, ammunition in smuggling attempt

ISLAMABAD, Jan 13 (APP):Pakistan Customs authorities at Torkham foiled a major attempt to smuggle arms and ammunition into Pakistan, seizing over 21,000 rounds of SMG and rifle cartridges along with other arms. The suspicious consignment was detected during routine cargo scrutiny at Customs Station Torkham, said a  news release. An apparently empty vehicle, bearing registration […]

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Rupee gains 01 paisa against US Dollar

ISLAMABAD, Jan 13 (APP):The Rupee on Tuesday appreciated by 01 paisa against the US Dollar in interbank trading and closed at Rs 280.00 compared to the previous day’s closing at Rs 280.01. According to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar in the open market were recorded at […]

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Aurangzeb meets Icoin Technology delegation, discusses Pakistan’s emerging digital asset framework

ISLAMABAD, Jan 13 (APP):Minister for Finance and Revenue Senator Muhammad Aurangzeb on Tuesday held a meeting with a delegation from Icoin Technology Inc. led by its Chairman and Chief Executive Officer Chet Silvestri. During the meeting, the minister briefed the delegation on the Government of Pakistan’s ongoing efforts to develop a structured and responsible framework […]

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Gold prices surge by Rs900 per tola

ISLAMABAD, Jan 13 (APP):Gold prices increased sharply in the local market on Tuesday, as the price of 24-karat gold per tola surged by Rs.900 to settle at Rs.481,862, while the price of 10 grams of 24-karat gold went up by Rs.771 to Rs.413,118, according to the All Pakistan Sarafa Gems and Jewellers Association. Likewise, the […]