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HEC focuses on digitising higher education in Pakistan

The Higher Education Commission (HEC) of Pakistan has launched a major digital transformation initiative to improve public universities across the country. This project aims to replace old, paper-based systems with modern, digital solutions. For many years, students, teachers and university staff have faced delays and difficulties in everyday tasks like course registration and getting academic

Rate cut hopes rise as T-bill yields fall

The State Bank of Pakistan (SBP) on Wednesday slashed treasury bill (T-bill) yields by up to 39 basis points, signalling possible room for a policy rate cut in the upcoming monetary policy meeting scheduled for July 30. Despite maintaining the benchmark interest rate at 11pc since May, the central bank’s latest T-bill auction reflects a shift in market sentiment, with expectations rising for mo

Privatisation of profit-making Discos worries NA committee

The National Assem­bly’s Standing Committee on Economic Affairs Division (EAD) expressed concern on Wednesday over the privatisation of profit-making power distribution companies (Discos) and the financial loss incurred from generating surplus electricity. The committee, chaired by MNA Muhammad Atif, also reprimanded the National Highway Authority (NHA) for the absence of its chairman and Com­m

Public Accounts Committee sees bitterness in sugar sector

As a nationwide crackdown on sugar hoarders is underway, the Public Accounts Committee (PAC) has raised serious concerns over mismanagement in the sugar sector, loan defaults by mills, and large-scale irregularities involving public institutions. During its sitting on Wedn­esday, National Food Security Secretary Amir Mohyuddin revealed that although the area under sugarcane cultivation increase

PM wants privatisation process to be transparent

Prime Minister Shehbaz Sharif on Wednesday directed the authorities to ensure that the Privatisation Commission would be given full autonomy as per the law to eliminate red tape and unnecessary elements during the denationalisation process of the state-owned enterprises (SOEs). Presiding over a meeting to review progress SOE privatisation, the PM underlined that the privatisation of loss-making