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Rainfall lashes some areas of the nation; more is expected till Thursday.

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3 months ago

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Rainfall was reported across the nation as the Met Office expected further heavy rain and isolated thunderstorms into Thursday.

Rain, wind, and thundershowers are expected throughout the predicted period in Gilgit-Baltistan, Kashmir, Khyber Pakhtunkhwa, Northeast/South Punjab, Pothohar Region, Islamabad, and Northeast/Southeast Balochistan, according to the Met Office.

In Potohar and Upper Khyber Pakhtunkhwa, there may also be sporadic heavy rainfall during the evening and night. In several regions of the nation, temperatures are predicted to be high and dry.

With the approach of the monsoon system, the Met Office issued a warning about possible floods, including urban flooding in low-lying regions.

Significant showers are expected in major cities like Rawalpindi, Islamabad, Lahore, Faisalabad, and Gujranwala. The forecast called for moderate rainfall in Northeastern Punjab.

There is also a forecast for rain during this period in Khyber Pakhtunkhwa, specifically in Malakand, Hazara Division, and Peshawar.

Rain is predicted in the Kirthar and Sulaiman Mountain Ranges, Quetta, Pishin, Qalat Division, and other areas of Balochistan.

Nor is there much chance of mild to moderate rainfall in Northern Sindh.

To reduce the hazards connected with possible floods, the public is recommended to stay up to current on weather reports and take the appropriate preparations.

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Business

Irfan Siddiqui meets with the PM and informs him about the Senate performance of the parliamentary party.

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20 hours ago

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The head of the Senate’s Foreign Affairs Standing Committee and the PML-N’s parliamentary leader paid Prime Minister Muhammad Shehbaz Sharif a visit in Islamabad.

Senator Irfan Siddiqui gave the Prime Minister an update on the Parliamentary Party’s Senate performance.

Additionally, Senator Irfan Siddiqui gave the Prime Minister an update on the Senate Standing Committee on Foreign Affairs’ performance.

He complimented the Prime Minister on his outstanding efforts to bring Pakistan’s economy back on track and meet its economic objectives.

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Business

SIFC Increases Direct Foreign Investment: Investment in the Energy Sector Rises by 120%

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The Special Investment Facilitation Council is intended to help Pakistan’s energy sector attract $585.6 million in direct foreign investment in 2024–2025. The amount invested at the same time previous year was $266.3 million.

This is a notable 120% rise, mostly due to investments in gas exploration, oil, and power. Such expansion indicates heightened investor confidence and emphasizes the development potential in important areas.

The State Bank reports that foreign investment in other vital industries has increased by 48% to $771 million.

This advancement is a blatant testament to SIFC’s efficient investment procedure and quick project execution.

The purpose of the Special Investment Facilitation Council is to establish Pakistan as an investment hub by aggressively promoting regional trade and investment in the energy sector and other critical industries.

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Latest News

Speaking to a press conference, Marriyum Aurangzeb says the PML-N government has restored the trust of investors.

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According to Marriyum Aurangzeb, senior Punjab minister, the PML-N government has won back the trust of investors by making strides in a number of areas, including agriculture.

Marriyum Aurangzeb, speaking at a press conference in Lahore, emphasized the Punjab government’s initiatives to bring about major changes in the province, particularly in Lahore.

Marriyum Aurangzeb stated that in order to guarantee sustainable growth, the master plan for Lahore has been completed, and plans of a similar nature are being worked on for other districts.

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