Wednesday, October 4, 2023

HOW IS EARNING ONLINE

  1. Freelancing: One of the most popular ways to earn money online is through freelancing. Websites like Upwork, Freelancer, and Fiverr connect freelancers with clients seeking various services, such as writing, graphic design, web development, and more. Freelancers can create profiles showcasing their skills and bid on projects that align with their expertise.

  2. Online Surveys and Market Research: Several websites, such as Swagbucks, Survey Junkie, and Vindale Research, offer compensation for participating in online surveys and market research studies. While the earnings may not be substantial, they can add up over time.

  3. Content Creation: If you have a talent for creating content, platforms like YouTube, TikTok, and Twitch offer opportunities to earn money through advertising, sponsorships, and donations from viewers. Successful content creators often diversify their income streams.

  4. Affiliate Marketing: Affiliate marketing involves promoting products or services and earning a commission for each sale or lead generated through your referral. You can join affiliate programs offered by companies like Amazon Associates, ShareASale, and ClickBank.

  5. E-commerce and Dropshipping: Starting an online store and utilizing dropshipping allows you to sell products without the need for inventory. Platforms like Shopify and WooCommerce enable you to set up an e-commerce business and market products to a global audience.

  6. Online Tutoring and Teaching: If you have expertise in a particular subject or skill, consider teaching it online. Websites like Udemy, Coursera, and VIPKid allow you to create and sell online courses or offer tutoring services.

  7. Remote Work: Many traditional jobs are now available remotely. Job boards like Remote.co, We Work Remotely, and FlexJobs list remote job opportunities in various fields, from customer service to software development.

  8. Stock Photography and Videography: If you are a photographer or videographer, you can sell your work on stock photography websites like Shutterstock, Adobe Stock, and iStock. Whenever someone purchases your content, you receive a royalty.

  9. Virtual Assistance: Virtual assistants provide administrative support to businesses and entrepreneurs. Websites like Time Etc and Belay connect virtual assistants with clients seeking help with tasks like email management, scheduling, and research.

  10. Cryptocurrency and Online Trading: For those interested in finance and investment, trading cryptocurrencies or stocks online can be a way to earn money. Platforms like Coinbase, Binance, and Robinhood allow you to buy, sell, and trade various assets.

It's important to note that while there are many legitimate ways to earn money online, there are also scams and fraudulent schemes. It's essential to exercise caution, do your research, and be aware of potential risks when exploring online income opportunities. Additionally, success often requires dedication, skills, and consistency, so it's important to choose avenues that align with your interests and abilities.

Tuesday, October 3, 2023

KARACHI STATE BANK

KARACHI — The State Bank of Pakistan (SBP) has found involvement of eight Pakistani banks in an unprecedented increase in the US dollar rate in Pakistan and sent the names of these banks to the National Assembly Standing Committee for further action.

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Habib Bank Limited, Allied Bank Limited, Bank Alfalah Limited, United Bank Limited, MCB Bank Limited, Bank Al Habib Limited, Meezan Bank Limited, National Bank of Pakistan, Askari Bank Limited and Habib Metropolitan Bank reportedly made Rs27.8 billion profit on foreign exchange in the first quarter of the fiscal year 2022-23.

These banks could not earn this much profit in full fiscal year of 2021-22. There are reports that names of more banks involved in this scandal could surface in the coming days.

According to the latest media reports, these banks and some money exchange companies too added fuel to fire when the US dollar started flying out of Pakistan soon after a successful regime change operation in the country.

A report says, in three months of 2022, Allied Bank made 79.55% more income from foreign exchange than it did in all of 2021.

During the same three-month period, HBL made 94.55% of the income from foreign exchange than it did in the entire year of 2021.

The SBP and Pakistan’s Finance Ministry are responsible for regulating the banks in Pakistan, but they failed to do their duties effectively in this case.

Former finance minister of Pakistan Miftah Ismail always described the increase in dollar rate as the result of “market fundamentals” or “economic fundamentals”.

Now, it’s being said that new Finance Minister of Pakistan Ishaq Dar has promised to bring the US dollar rate below Rs200. It’s said that a fair analysis of the situation shows that one US dollar should be equal to Rs190 or Rs195. However, the situation on ground is completely different.

Web Desk
Web Desk

Daily Pakistan Global Web Desk

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Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on October 3, 2023

CurrencyBuyingSelling
US Dollar283.6286.65
Euro302305
UK Pound Sterling351.5355
U.A.E Dirham79.2580
Saudi Riyal75.2576
Australian Dollar181183
Bahrain Dinar765.1773.1
Canadian Dollar211213
China Yuan39.6240.02
Danish Krone40.7941.19
Hong Kong Dollar36.7437.09
Indian Rupee3.463.57
Japanese Yen1.631.71
Kuwaiti Dinar930939
Malaysian Ringgit61.2761.87
New Zealand Dollar172.52174.52
Norwegians Krone26.9227.22
Omani Riyal748.22756.22
Qatari Riyal79.0379.73
Singapore Dollar206208
Swedish Korona26.3426.64
Swiss Franc314.22316.72
Thai Bhat7.878.02

Gold Rate in Pakistan Today – October 3, 2023

CityGoldSilver
LahorePKR 202,500PKR 2,395
KarachiPKR 202,500PKR 2,395
IslamabadPKR 202,500PKR 2,395
PeshawarPKR 202,500PKR 2,395
QuettaPKR 202,500PKR 2,395
SialkotPKR 202,500PKR 2,395
AttockPKR 202,500PKR 2,395
GujranwalaPKR 202,500PKR 2,395
JehlumPKR 202,500PKR 2,395
MultanPKR 202,500PKR 2,395
BahawalpurPKR 202,500PKR 2,395
GujratPKR 202,500PKR 2,395
NawabshahPKR 202,500PKR 2,395
ChakwalPKR 202,500PKR 2,395
HyderabadPKR 202,500PKR 2,395
NowshehraPKR 202,500PKR 2,395
SargodhaPKR 202,500PKR 2,395
FaisalabadPKR 202,500PKR 2,395
MirpurPKR 202,500PKR 2,395

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DAILY PAKISTAN

HOW IS EARNING ONLINE

Freelancing: One of the most popular ways to earn money online is through freelancing. Websites like Upwork, Freelancer, and Fiverr connect...

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