Railways to switch 155 stations to solar energy with Rs450m cost By: APP on May 31, 2021LAHORE: Pakistan Railways will shift its 155 railway stations to solar energy under the vision of the government to use alternative environment-friendly energy resources. PR Public Relations Director Nazia Jabeen said on Monday that total cost of the project would be Rs 450 million. She said that the PC-1 of the project – Solarization and […]
Climate talks resume online as pressure to act grows By: AFP on May 31, 2021For the first time since 2019 and following a flurry of net-zero pledges from the world’s largest emitters, UN climate negotiations resumed Monday in a virtual format less than six months before the crunch COP26 summit. The talks, nominally hosted by the United Nations climate change programme in the German city of Bonn, will all […]
Dr Alvi to open conference of ECO parliamentarians in Islamabad By: Tariq Ullah Wardak on May 31, 2021ISLAMABAD: The National Assembly will host the second general conference of the Parliamentary Assembly of Economic Cooperation Organization (PAECO) on Tuesday (June 1) Islamabad. The speakers and parliamentarians from the ECO Parliaments will attend the event on the invitation of National Assembly Speaker Asad Qaiser. Wolsi Jirga of Afghanistan Speaker Mir Rehman Rahmani, Mili Majlis […]
SRB announces tax incentive scheme for arrear liquidation of Sindh sales tax By: APP on May 31, 2021KARACHI: The Sindh Revenue Board (SRB), on the request of Chamber of Commerce & Industry and the Taxpayers Associations, has announced a Tax Incentive Scheme which allows total exemption of penalties and provides a significant relief in payment of default surcharge to Sindh Sales Tax (SST) defaulters. In a statement issued here on Monday, the […]
Indian economy contracts by record 7.3% in 2020-21 By: AFP on May 31, 2021India’s economy contracted 7.3 percent in 2020-21, official data showed Monday, its worst recession since independence as coronavirus lockdowns put millions out of work. Asia’s third-largest economy grew by 1.6 percent between January and March — the fourth fiscal quarter — after exiting its first “technical recession” since 1947 following two successive quarters of contraction. […]
All government funds to be placed with central bank: SBP By: APP on May 31, 2021In a notification issued by the SBP, all commercial banks have been directed to divert the accounts of all government departments before the start of the new fiscal year with the central bank. According to the directives, no new account of any government department in a private bank will be opened and all previous accounts […]
Zidane quit Real Madrid because of club’s lack of ‘faith’ By: AFP on May 31, 2021Zinedine Zidane resigned as Real Madrid’s manager because he felt the Spanish club no longer had any confidence in him, he wrote in an open letter on Monday. “I’m leaving because I feel the club no longer has faith in me. They are not offering me the support to build something in the medium or […]
Pakistan’s exports to Afghanistan see an increase of 2.35% in 10 months By: APP on May 31, 2021ISLAMABAD: Pakistan’s exports of goods and services to Afghanistan witnessed an increase of 2.35 percent during the first ten months of the financial year (2020-21) as compared to the corresponding period of last year, the State Bank of Pakistan (SBP) reported. The overall exports to Afghanistan were recorded at $828.727 million during July-April (2020-21) against […]
Facebook no longer averse to claim that Covid-19 is man-made, ends ban on posts By: Web Desk on May 31, 2021 Tech giant, Facebook’s recent shift in policy creates a stirring debate on the origins of the deadly virus that has claimed lives of millions since 2019. “In light of ongoing investigations into the origin of COVID-19 and in consultation with public health experts, we will no longer remove the claim that COVID-19 is man-made […]
Pakistani girl missing, feared dead after refusing arrange marriage in Italy By: AFP/ Web Desk on May 31, 2021ROME: Police in Italy are searching for the body of an 18-year-old girl suspected to have been killed by her Pakistani family after she refused to marriage on their choice. Identified as Saman Abbas, the teenager refused to abide by her parent’s demands to marry a cousin in Pakistan. The girl’s parents, an uncle and […]