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Articles for tag: ICT, ICT sector, imports, INFORMATION TECHNOLOGY, products, promotion, sector, The

May 20, 2024

News Desk

Promotion of the ICT sector through imports of IT products

KARACHI: The information, communications and technology (ICT) sector is often hailed as the driver of export growth among all service sectors. The ICT sector generated exports worth $2 billion in the first eight months of FY24, which is about 15% higher than the amount generated in the first eight months of the previous fiscal year. Exports from the ICT sector in 23 and 222 were reported at $2.6 billion. If the current fiscal year’s trend continues, current exports may close at $3 billion. This makes it the second most important source of exports, after the textile industry. However, as a

May 1, 2024

News Desk

5 essential summer skincare products you absolutely need

While we’ve only just begun May, many Pakistanis can feel the summer heat returning, however unwelcome. The weather is either very dry or very wet, but it is consistently hot and therein lies the problem. Our skin needs to be protected from the elements, especially in the hot summer. Here are five skincare essentials you absolutely need – put them to use and your skin will thank you. Moisturizing cleanser Say hello to your skin’s new best friend! Start your summer skincare routine with a hydrating cleanser that gently washes away impurities without stripping your skin of its natural oils.

April 29, 2024

News Desk

Indian state suspends licenses of 14 yoga guru products over latest failure

NEW DELHI: An Indian state regulator has suspended the manufacturing licenses of 14 products made by pharmaceutical companies of the country’s most popular yoga guru for repeatedly publishing misleading advertisements about their effectiveness, according to a government order. The order is the latest setback for Baba Ramdev, whose TV shows, yoga treatments and offerings of traditional medicine for ailments have made him popular in India and other nations. India’s Supreme Court has repeatedly criticized Ramdev in recent weeks for failing to comply with its directions in an ongoing lawsuit to stop misleading advertising of some of his traditional Ayurvedic medicines.

April 15, 2024

News Desk

Refineries seek to stop smuggled POL products citing threat to investment

File photo released on September 20, 2021 shows Cnergyico Pakistan Limited’s oil refinery complex in Hub, Balochistan. — Facebook/Cnergyico Pk Limited Pakistan’s local refineries are set to launch $5-6 billion in investment. OCAC, in a letter to SIFC, draws attention to the threat to investment. Smuggled POL products also causing loss to OMCs, Govt. ISLAMABAD: Pakistan’s local refineries, which are set to embark on $5-6 billion investment in their upgrading projects, have sought to end the smuggling of petroleum products from Iran, The news reported on Monday. The development comes after the refiners signed Implementation Agreements (AIs) with the Oil

March 23, 2024

News Desk

Health campaigners support IMF recommendations for uniform taxation of tobacco products

A person smokes a cigarette in this photo taken in Paris, October 8, 2014. — Reuters The International Monetary Fund’s (IMF) recommendations to restructure tobacco taxation in Pakistan have garnered support from health activists. An activist, speaking at an event titled Fueling Economic Growth through Increased Tobacco Taxation, urged the government to move to a single tobacco taxation system while scrapping the second tier. Organized by the Society for the Protection of the Rights of the Child (SPARC), the interactive session was held in Islamabad with the head of the Campaign for Tobacco Free Children (CTFK), Malik Imran Ahmed, highlighting

March 22, 2024

News Desk

IMF wants 18% GST over PDL on petroleum products

The IMF logo can be seen in this photo. — Reuters IMF advises Pakistan to increase revenue generation. The Fund recently approved the SLA for a $3 billion final review. Pakistan will apply for a long, big IMF program. ISLAMABAD: The International Monetary Fund (IMF) has recommended that the same rate of Federal Excise Duty (FED) be applied to locally produced cigarettes irrespective of whether the manufacturer is local or foreign and that a petroleum development levy (PDL) be imposed on machinery inputs that they pollute the environment. The IMF also asked the Federal Board of Revenue (FBR) to gradually

February 23, 2024

News Desk

Speakers for raising more taxes on tobacco products

Health advocates stress the need to raise tobacco taxes, especially on cigarettes, to curb smoking A “no smoking” sign is placed on the window of an office building in central Warsaw, Poland, May 12, 2017. — Reuters Health advocates on Thursday stressed the need to raise tobacco taxes, specifically targeting cigarettes, in order to curb smoking. In a statement, Malik Imran Ahmed, head of the Campaign for Tobacco Free Kids (CTFK), said policymakers can effectively curb tobacco consumption with annual increases in cigarette taxes and make it less affordable over time. next year. He highlighted the central role of high

November 21, 2023

News Desk

BJP’s Uttar Pradesh government bans sale of halal-certified products in latest anti-Muslim move

According to order, the parallel system of Halal certification creates confusion regarding the quality of food items BJP government of Uttar Pradesh bans sale of Halal certified products.—NDTV/file The Uttar Pradesh (UP) government has imposed an immediate ban on the sale of halal-certified products, covering the entire supply chain, from production to distribution and sale, within the state. However, it exempts products intended for export from these restrictions. The official decree emphasizes the imposition of strict legal measures against individuals or entities involved in any aspect of the production and sale of halal-certified drugs, medical devices and cosmetics within the

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