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Author

Faiz Paracha

Faiz Paracha, an esteemed broadcast journalist with over two decades of experience, excels in reporting and editorial positions. His expertise lies in the economy and energy sectors, where he has delivered thorough coverage and valuable insights.

Currently serving as the Head of Reporting at News Diplomacy, Faiz manages coverage related to diplomatic missions, international development organizations, the United Nations, and foreign affairs. His diverse interests encompass environmental and climatic issues, alongside his profound knowledge of business, economy, and energy.

Business

Pakistan, Turkiye sign eight MoUs on trade, defense and investment

Faiz Paracha Feb 13, 2025
ISLAMABAD: With the ongoing visit of Turkish President Recep Tayyib Erdogan to Pakistan, the two countries are set to strengthen their bilateral ties by signing eight Memorandums of Understanding (MoUs) on Thursday. These agreements will…
Business

Easypaisa’s transformation as first digital bank celebrated

Faiz Paracha Jan 31, 2025
ISLAMABAD: Finance Minister Muhammad Aurangzeb congratulated easypaisa digital bank on its successful transformation as Pakistan’s first digital bank, after receiving the coveted digital banking license from the State Bank of Pakistan…
Latest

CDWP approves 16 uplift projects worth over Rs259 billion

Faiz Paracha Jan 28, 2025
ISLAMABAD: The Central Development Working Party (CDWP) has approved 16 development projects worth of Rs259.68 billion. The CDWP approved the projects at a meeting chaired by Minister Ahsan Iqbal. Out of these, nine projects worth Rs27.40…
Latest

Controversial changes to PECA law also sailed through Senate

Faiz Paracha Jan 28, 2025
ISLAMABAD: After the National Assembly, the Senate also passed controversial amendments to the Prevention of Electronic Crimes Act in Tuesday. During the passage of the Act, the opposition opposed the bill and protested in the house while…
Kashmir

PM seeks report on tax, energy tariff issues with AJK

Faiz Paracha May 9, 2024
ISLAMABAD: Prime Minister Shehbaz Sharif has ought a report about lingering issues between Islamabad and the government of Azad Kahsmir on tariff issues related to the Neelum-Jhelum power project. According to media reports, the federal…
Business

Fertilizer companies won’t be allowed to take undue profit: minister 

Faiz Paracha May 9, 2024
ISLAMABAD: Federal Minister for Industries and Production Rana Tanveer Hussain said that fertilizer companies must not be allowed to take undue profit.   Steps should be taken to ensure uniform price of the urea fertilizer across the…
Latest

2023 marked by gross economic injustice, disregard for Constitution: HRCP

Faiz Paracha May 8, 2024
ISLAMABAD: Apart from the political polarization that continued through 2023, resulting in greater restrictions on civil and political rights, the year was marked by acute distress among ordinary people, caused by the cost-of-living crisis…
Latest

Pakistan, China to expand cooperation to more sectors

Faiz Paracha May 8, 2024
ISLAMABAD: Pakistan and China have decided to further boost their collaboration in projects related to energy, infrastructure and food security within the framework of China-Pakistan Economic Corridor (CPEC).  The decision was made at a…
Latest

Economy fast recovering, inflation down by 21pc: Aurangzeb

Faiz Paracha May 7, 2024
ISLAMABAD: Minister for Finance Muhammad Aurangzeb on Tuesday said that the national economy was fast recovering and inflation had come down by 21 per cent. Addressing a news conference along with Law Minister Azam Nazeer Tarar and…
Business

Increasing tax-to-GDP ratio govt’s priority: minister

Faiz Paracha May 7, 2024
ISLAMABAD: A World Bank delegation led by South Asia Regional Vice President Martin Raiser held a meeting with Finance Minister Muhammad Aurangzeb here, says a press release. The minister briefed the delegation on the macro-economic…
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