Pakistan Current Affairs - 2020

India dropped from Construction of Chabahar-Zahedan Rail Project following Delays in Funding for the Project

The Iran Government has decided to drop India from the construction of the Chabahar Port-Zahedan Railway Line Project and now will be proceeding with the construction of the Project on its own. This was informed by the Transport and Urban Development Minister of Iran during the inauguration of the Chabahar Port-Zahedan railway track laying process Read More…

Construction of Hindu Temple Blocked in Islamabad, Hatred towards Minorities on the Rise in Pakistan

Persecution of Minorities in Pakistan continues as this time the Islamic activists have blocked the construction of Shree Krishna Mandir- the first Hindu Temple in Pakistan’s capital Islamabad.  Located at the H-9/2 area of Islamabad, the foundation stone for the 1860 sq meter (20,000 sq ft) Shree Krishna Mandir was laid on 23rd June 2020. Read More…

India ranked 34th in JLL and LaSalle’s biennial GRETI

Sustainability Initiatives and regulatory reforms have enhanced higher levels of transparency in the real estate industry of India as a result of which India improved its ranking to 34th place in the biennial Global Real Estate Transparency Index (GRETI). GRETI The Index GRETI has set a unique benchmark in terms of transparency in the real Read More…

TPPA of USD 2.4 Billion Signed by Pakistan with China for Hydro Power Project in Pakistan Occupied Kashmir 

On 25th June 2020, a Tripartite Power Purchase Agreement (TPPA) was signed for the construction of the 1124 MW Kohala Hydro Power Project. The agreement was signed in between the Government of Pakistan, Chinese Company- China Three Gorges Corporation (State-owned company of Chinese Government), and Government of Azad Kashmir (Part of Pakistan occupied Kashmir). Kohala Read More…

Pakistan gets another extension on FATF Grey List despite failure to act against terror groups

During the 3rd & and the last Plenary and Working Groups Meeting of the Global anti-money laundering watchdog Financial Action Task Force (FATF) for the current FATF plenary year on 24th June 2020, Pakistan again managed to escape from entering the ‘Blacklist’ despite its continuing failure to act against terrorist organizations. The FATF plenary and Working Read More…