Dollar touches 150 mark as rupee’s ‘free fall’ continues on May 18, 2019The rupee continued to fall to record lows on Friday, days after the government agreed in principle to a $6 billion loan from the International Monetary Fund (IMF). The rupee, which lost 3.6 per cent on Thursday to close at 146.2 against the US dollar in the interbank market, dropped further on Friday selling at […]
Police arrest Larkana doctor blamed for spread of HIV on April 30, 2019The police on Tuesday arrested a doctor suspected to be responsible for the spread of human immunodeficiency virus (HIV) in Larkana’s Ratodero district, a private news channel reported. Dr Muzaffar Ghanghar, who is employed at a public hospital, is an HIV patient himself, police said, as they registered a case against the accused and produced […]
Three soldiers martyred in Indian firing across LoC on April 3, 2019Three Pakistan Army soldiers have been martyred due to unprovoked firing by the Indian Army across the Line of Control (LoC) at Rakhchikri Sector in Rawalkot, the Inter-Services Public Relations (ISPR) reported on Tuesday. Subedar Mohammad Riaz from Jhang, Lance Havaldar Aziz Ullah from Noshero Feroz, and Sepoy Shahid Mansib from Abbottabad embraced martyrdom, while […]
Sahiwal encounter illegal on January 31, 2019Punjab Additional Home Secretary Fazeel Asghar Wednesday admitted that Counter-Terrorism Department’s method undertaken during Sahiwal encounter was wrong. During briefing to a Senate committee, he explained that the Counter-Terrorism Department (CTD) personnel should have first checked to see who was in the car. Four people, including three members of a family, were killed at point […]
Govt unveils incentives package to stimulate investment, industry on January 24, 2019The government on Wednesday presented an economic reforms package envisaging revolutionary incentives and measures to encourage investment, exports, ease of doing business and strengthen important sectors of the national economy. Finance Minister Asad Umar presented the package through ‘The Finance Supplementary (Second Amendment) Bill, 2019’ before the National Assembly. Through what is being called ‘mini-budget’, […]
Significant operation against money laundering in the offing on December 29, 2018ISLAMABAD: Prime Minister Imran Khan said on Friday that his government will launch the biggest ever operation in the country against money laundering. He made the announcement while speaking to journalists at his office. PM Khan said that the US State Department had put the annual money laundering figure for Pakistan at around $10 billion. […]
Murad vows to make Karachi peaceful, prosperous on December 27, 2018Sindh Chief Minister Syed Murad Ali Shah on Wednesday reiterated his commitment to making the city of Karachi peaceful and prosperous, and directed the law enforcement agencies to make foolproof security arrangements accordingly. This he said while presiding over an emergent meeting at Chief Minister House to review law and order situation in the metropolis. […]
Attempts to derail Pakistan ties won’t succeed: China on November 24, 2018Hours after an attack at the consulate building in Karachi, the Chinese Embassy in Islamabad Friday asserted that any attempts to derail ties between the two brotherly nations will never succeed. “Any attempt to undermine China-Pakistan relationship is doomed to fail,” a statement issued by the embassy said. “We strongly condemn the terrorist attack at […]
Pakistan, IMF deal pushed back to mid-January on November 21, 2018KARCHI: Pakistan and the International Monetary Fund (IMF) have entered final round of talks, with both sides hopeful of reaching an understanding despite ‘differences’. “Pakistan has extended talks with the IMF after the two sides failed to agree on the terms of a bailout package, a Finance Ministry official said on Tuesday, with a final […]
‘Illegal’ shops around Empress Market torn down on November 12, 2018KARACHI: Almost a week after protests from shopkeepers against the ongoing anti-encroachment operation, the team of Karachi Metropolitan Corporation (KMC) with the help of law enforcement agencies demolished illegally-built shops around the Empress Market. The operation against encroachments around the Empress Market was launched on late Saturday night with the use of heavy machinery by […]