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

FBR issues notices to 0.7 million non-filers

Faiz Paracha Dec 5, 2023

ISLAMABAD: The Federal Board of Revenue (FBR) has issued notices to over 700,000 non-filers to file their returns within days otherwise action would be started against them The data of the 700,000 non-filers was gathered through their…

Business

Share market crosses over record 60,000 mark

Faiz Paracha Nov 28, 2023

After crossing the psychological mark of 58,000 points on Wednesday, the share market crossed 59,000 points mark on Friday. Today, the share market achieved yet another milestone, piercing through the 60,000 points as well. The benchmark…

Business

DFIs potential drivers for development of capital market: Shamshad

Faiz Paracha Nov 9, 2023

ISLAMABAD: Minister for Finance, Revenue and Economic Affairs Dr. Shamshad Akhtar has said efficiency and flexibility of Development Finance Institutions (DFIs) can be DFIs potential drivers of growth and development of the capital market.…

Business

FBR’s facilitation efforts for taxpayers acknowledged

Faiz Paracha Oct 28, 2023

KARACHI: Caretaker Minister for Finance and Revenue Dr. Shamshad Akhtar and Chairman FBR Malik Amjed Zubair Tiwana visited Overseas Investors Chamber of Commerce and Industry (OICCI) and Korangi Association of Trade & Industry (KATI) in…

Business

Pakistan to import crude oil from Russia under long-term deal

Faiz Paracha Oct 20, 2023

ISLAMABAD: Pakistan and Russia have reached a long-term understanding in purchase of crude oil to offset rising prices of fuel in Pakistan, according to sources in the Petroleum Division. Under this arrangement, a commercial cargo of…

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Projects worth over $25 bn completed under CPEC in 10 years

Faiz Paracha Oct 15, 2023

BEIJING: The Belt and Road Forum is crucial opportunity for all member states to create a roadmap for the future in view of the past achievements. Over 50 projects worth $25 dollars have been completed under the China-Pakistan Economic…

Latest

CPEC projects transforming lives of millions

Faiz Paracha Oct 9, 2023

ISLAMABAD: The China-Pakistan Economic Corridor (CPEC), the flagship project of Belt and Road Initiative (BRI), has promoted Pakistan’s sustainable development in a wide range of areas since its start in 2013. CPEC has been playing a vital…

Business

Norway, Pakistan hold 12th round of political consultations

Faiz Paracha Oct 4, 2023

ISLAMABAD: Pakistan and Norway at their 12th round of political consultations have reaffirmed to further strengthen cooperation in investment, shipping, climate change, renewable energy resources and higher education. At the discussions…

Business

Plan to import crude oil from Russia not abandoned: energy minister

Faiz Paracha Sep 23, 2023

LAHORE: Minister for Energy, Power and Petroleum Muhammad Ali has said the government had not abandoned its plan to import Russian oil. Talking to media persons, he said under an agreement with Moscow, one cargo of crude oil had been…

Business

Azeri airline’s direct flight from Baku due today

Faiz Paracha Sep 23, 2023

ISLAMABAD: As part of its earlier announcement, Azal, the national airline of Azerbaijan is launching direct flight to Pakistan today. According to a schedule of the airline, the first direct flight will land at Allama Iqbal International…

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