system

SBP infuses Rs9.22 trillion into banking system via reverse repo, Shariah-compliant OMO D_Trends

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SBP infuses Rs9.22 trillion into banking system via reverse repo, Shariah-compliant OMO D_Trends

ISLAMABAD: In a strategic move to manage liquidity within the financial system, the State Bank of Pakistan (SBP) executed a substantial Open Market Operation (OMO) today, injecting a cumulative Rs9.22 trillion into the market. The bulk of this injection, approximately Rs9.1 trillion, was facilitated through the reverse repo OMO, a conventional liquidity adjustment tool. Detailed … Read more

PTA uses Web Monitoring System to block online content, NA told  D_Trends

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PTA uses Web Monitoring System to block online content, NA told  D_Trends

The Pakistan Telecommunication Authority (PTA) is using the Web Monitoring System (WMS) to block online applications and websites in Pakistan, according to a recent disclosure to the National Assembly.  According to a media report, the minister in charge of the cabinet division, which oversees the PTA, provided details of the system’s usage in a written … Read more

Web Monitoring System being used for blocking online content in Pakistan, reveals minister Dtrends

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Web Monitoring System being used for blocking online content in Pakistan, reveals minister Dtrends

A representational image showing computer codes on a laptop screen. — Unsplash/File PTA is mandated to block “unlawful content”, says minister. Authority carrying out its function under Section 37 of Peca 2016. WMS uses Deep Packet Inspection technology to block VPN traffic. LAHORE: The National Assembly has been informed that the Pakistan Telecommunication Authority (PTA) … Read more

Heavy rain likely as strong monsoon system to hit Karachi, Hyderabad today Dtrends

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Heavy rain likely as strong monsoon system to hit Karachi, Hyderabad today Dtrends

Motorcyclists navigate through the city rain during the monsoon season in Hyderabad on August 2, 2024. — APP Karachi “may receive” 150mm to 200mm rain in next three days. Meteorologist says strong weather system present 270 km away. Surjani Town received highest amount of rain in city on Wednesday. Heavy rain is expected to lash … Read more

SBP injects Rs966.5 billion into financial system through OMOs D_Trends

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SBP injects Rs966.5 billion into financial system through OMOs D_Trends

The State Bank of Pakistan (SBP) injected a total of Rs966.5 billion into the financial system on Friday, through both conventional and Shariah-compliant Open Market Operations (OMOs).  These operations were part of the central bank’s ongoing efforts to manage liquidity in the market and support monetary policy objectives. In the conventional OMO, the SBP injected … Read more

Yasin Malik exposes India’s justice system; decides to defend himself in Delhi Court Dtrends

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Yasin Malik exposes India’s justice system; decides to defend himself in Delhi Court Dtrends

TIHAR: Kashmiri liberation leader Yasin Malik informed the Delhi High Court he will defend himself in the appeal moved by the National Investigation Agency (NIA) seeking the death penalty for him in a 2016 terror funding case. Yasin Malik’s decision exposed the justice system of India claiming to be the world’s largest democracy. The entire … Read more

In a first, women engineers set up 24 kW solar system in Pakistan Dtrends

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In a first, women engineers set up 24 kW solar system in Pakistan Dtrends

KARACHI: Female engineers have successfully installed a 24-kilowatt solar system on the roof of Karachi’s Hussaini Orphanage for the first time in Pakistan’s history. With hands-on support from KfW DEG Impuls and Develop, five exceptional Ladies Fund engineers—Areeba Rashid, Iman Batool, Farhan Anjum, Muskan Iqbal, and Rahemeen Haider Ali—completed the installation, becoming the first women … Read more

Wapda awards Rs21.5 billion contract for telemetry system installation at Indus Basin D_Trends

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Wapda awards Rs21.5 billion contract for telemetry system installation at Indus Basin D_Trends

A top view of Indus River. — Reuters/File The Water and power Development Authority (WAPDA) has awarded contract worth Rs21.534 billion for installation of telemetry system at 27 key points on Indus Basin Irrigation System (IBIS) for real-time discharge monitoring.  The contract has been awarded to a Joint Venture (JV) comprising CDigital and HBCC along … Read more