The State Bank of Pakistan has granted an in-principle approval to NayaPay to operate as an Electronic Money Institution (EMI) in Pakistan. The approval will enable the company to “commence pilot phase of transactions in a controlled environment and under the SBP’s supervision to seek approval for the commercial launch of its services”. With NayaPay, customers will be able to open e-money accounts.
Lahore University of Management Sciences (LUMS) has jumped up 60 points at the QS Graduate Employability Rankings 2020 to stand at 190-200 in the world. LUMS is the only university in Pakistan to be in top 200 in the QS rankings, the most-widely read university rankings in the world. Apart from LUMS, NUST has also made to the list first
Superstar Mahira Khan gracefully represented Pakistan at the Paris Fashion Week on Saturday. The 34-year-old ‘Raees’ actor dropped jaws in a leather jacket, skinny black jeans and a white shirt with coiffed hair for Karl Lagerfeld. The queen of Pakistani cinema was also spotted rubbing shoulders with international luminaries including ‘Senorita’ hitmaker Camila who also walked the ramp at Paris
Pakistan has been listed among the ‘Top-20 improvers in Doing Business for the year 2020’ by World Bank. A statement by the World Bank said, “Pakistan improved in six areas measured by Doing Business—starting a business, dealing with construction permits, getting electricity, registering property, paying taxes and trading across borders—reflecting the country’s development of an ambitious reform strategy.”
“Whether the world stands with Kashmiris or not, Pakistan is standing by them,” said Prime Minister Imran Khan upon his return to Pakistan from the 74th session of the United Nations General Assembly in New York. The PM spoke to a large number of party workers and supporters who had gathered at the capital’s airport to welcome the premier.
36 kanals of land allegedly encroached upon by the Sharif family’s mills in Sahiwal some 37 years ago has been retrieved by the Punjab Anti-Corruption Establishment (ACE). Ittefaq Sugar Mills had encroached upon an area of state land measuring 36 kanals and made part of it in 1982. However, it (mills) had shifted its machinery to Rahim Yar Khan to set up another sugar mills.
A video of a woman slapping a man who sexually harassed her on a bus from Multan to Islamabad has gone viral. The video that was initially made public by a Facebook user, shows an elderly man apologising while the woman accuses him of “constantly touching her back.” As soon as the video went public, several other platforms also shared it.
Groundbreaking One-day International series to return to Pakistan, as Karachi prepares to host Sri Lanka in the first of three matches at the National Stadium. With nine of top regular stars skipping the tour for security reasons and prodigiously talented young right-handed batsman Kusal Mendis sidelined through injury, Sri Lanka have named experienced left-handed opening batsman Lahiru Thirimanne as ODI captain.
Saudi Arabia’s crown prince said he bears responsibility for the killing of journalist Jamal Khashoggi last year by Saudi operatives. According to a PBS documentary to be broadcast next week, Mohammed bin Salman, the kingdom’s de facto ruler said, “I get all the responsibility, because it happened under my watch’. MBS has not spoken publicly about the killing inside Saudi consulate in Istanbul.
The earthquake affected area of Mirpur experienced another aftershock, as unexpected rainfall put relief work to a halt. Pakistan’s top meteorologist, Mohammad Riaz, said the epicentre of the 4.4-magnitude tremor was 12 kilometres deep. The shallow tremor sent terrified people running into the streets as area residents huddled in the streets following the quake, some still barefoot, while others recited verses from the Holy Quran.