Cabinet approves power tariff hike ahead of virtual IMF talks By: Web Desk on February 13, 2023The federal cabinet has approved an increase in electricity tariffs in order to free much-needed cash from the International Monetary Fund (IMF), which may result in a Rs7.91 per unit rise over four quarterly adjustments. The Sharif-led administration moves quickly to meet the conditions imposed by the US-based lender. A revamped circular debt management plan […]
IMF to keep eye on policies implementation by Pakistan By: Web Desk on February 10, 2023The IMF mission chief stated on Friday that negotiations between the International Monetary Fund and Pakistan have concluded, with the latter assuring the Fund that it will implement policies necessary to ensure macroeconomic stability. An IMF mission led by Mr Nathan Porter visited Islamabad from January 31 to February 9 to hold discussions as part […]
Interior ministry denies to deploy Army, Rangers during elections By: Web Desk on February 9, 2023The Federal Interior Ministry has denied deploying rangers’ personnel at polling stations during the elections for the vacant seats of national assembly and provinces. The Election Commission of Pakistan (ECP) has asked the ministry for static deployment of security personnel outside the sensitive and most sensitive polling stations during the elections in Punjab and Khyber […]
Petrol shortage hits major cities in in Punjab By: Web Desk on February 8, 2023Following a reduction in supplies by oil marketing companies, long lines of two-wheelers and cars have been seen at filling stations in the majority of the Punjab province. Due to the lack of gasoline, several pumps in a number of cities, including Kharian, Sargodha, Gujranwala, Sialkot, Narowal, Okara, and Shakargarh, have also been forced to […]
IMF deal makes rupee extend gain against US dollar By: Web Desk on February 7, 2023The Pakistani rupee maintained steady against the US dollar today in interbank trade due to the belief that the government will be able to reach an agreement with the IMF after adopting nearly all of its demands. Data from money dealers show that on Tuesday when the US dollar was selling at Rs275, the Pakistani […]
Over 1000 dead as powerful earthquake jolts Turkey, Syria By: Web Desk on February 6, 2023A powerful 7.8-magnitude earthquake hit Turkey and Syria on Monday, killing over 1000, levelling buildings while people were still asleep, and sending tremors that felt as far away as the island of Cyprus. Local officials in Turkey put the initial death toll at 53, although it threatened to climb substantially higher because it caught most […]
Apex Committee vows to make an example out of terrorists By: APP on February 4, 2023PESHAWAR: The Apex Committee Friday expressed determination to protect life and property of the people at every cost and make an example out of the terrorists who shed blood of Pakistanis. Prime Minister Shehbaz Sharif chaired the important meeting of the Apex Committee held here at the Governor House in Peshawar. The committee assured the […]
PM to inaugurate K3 nuclear power plant in Karachi on Thursday By: APP on February 1, 2023Prime Minister Shehbaz Sharif said on Wednesday that he would inaugurate K3 nuclear plant in Karachi on Thursday, that has been built in cooperation with China. The prime minister said this in a meeting with a delegation of China National Nuclear Corporation which called on him here. After operationalisation of K3 power plant, the generation […]
Peshawar blast: Lady Reading Hospital receives 100 dead bodies By: APP/ Web Desk on January 31, 2023PESHAWAR: The spokesman of Lady Reading Hospital Muhammad Asim on Tuesday said that until now 100 dead bodies from the Peshawar mosque blast were received. He said that until now there were 53 injured in the blast, who were admitted to different wards of the hospital including seven in the Intensive Care Unit (ICU), adding […]
Peshawar mosque blast toll shoots up to 83 By: Web Desk on January 31, 2023The death toll in the devastating suicide attack at a mosque inside the Peshawar police headquarters rose to 83 on Tuesday morning, with 157 people injured. Among those killed were several police officers, including DSP Arab Nawaz and five sub-inspectors. The mosque’s prayer leader was also among those killed. The Tehreek-e-Taliban Pakistan (TTP) claimed responsibility […]