By Staff Reporter
ISLAMABAD: Pakistan’s powerful elite, including military and bureaucracy, are exploiting a corrupt system of land ownership, damaging the economy and distorting investment incentives, a prominent economist said on Thursday.
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TTP militants release videos of kidnapped army officer, brothers
By Staff Reporter
Islamabad: Tehreek-i-Taliban Pakistan (TTP) militants have released videos of two men, including a senior army officer, who were kidnapped from a mosque in Dera Ismail Khan, urging the government to secure their safe release, local media reported on Friday.
ECC tweaks remittance incentive schemes to boost reserves
By Staff Reporter
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet approved revisions to two schemes on Thursday, aimed at incentivizing banks and exchange companies to increase remittance inflows and boost the country’s foreign exchange reserves.
Pakistan recalls spinner Abrar for must-win Bangladesh Test
By Staff Reporter
RAWALPINDI: Pakistan has recalled leg-spinner Abrar Ahmed for the second Test against Bangladesh starting on Friday, after their decision to play an all-pace attack backfired in the series opener.
Prime Minister Muhammad Shehbaz Sharif chairs a session of the Apex Committee of the National Action Plan in Quetta, on August 29, 2024.
Sharif vows to crush BLA’s terror grip
By Staff Reporter
QUETTA: Prime Minister Shehbaz Sharif pledged to crush terrorism in Balochistan on Thursday, as he visited the restive province reeling from a surge in militant attacks that have killed at least 50 people, including security forces.
Cyclone bears down on Sindh province, heavy landfall expected
By Staff Reporter
KARACHI: A cyclone brewing over the Arabian Sea is expected to make landfall in southern Pakistan on Friday, threatening to unleash heavy rain and strong winds on the coastal province of Sindh, the Pakistan Meteorological Department (PMD) said.
Pakistan’s interest payments crowd out development spending : ex-central banker
By Staff Reporter
ISLAMABAD: Developing countries, including Pakistan, are “gambling for resurrection” by prioritizing debt servicing over development spending, threatening social stability and climate resilience, an ex-central banker warned.
Pakistan invites Indian PM Modi to SCO summit
By Staff Reporter
ISLAMABAD: Pakistan has invited Indian Prime Minister Narendra Modi to a Shanghai Cooperation Organisation (SCO) meeting, a rare move as the two nations have not exchanged high-level visits since tensions escalated over Kashmir in 2019.
Quetta press club slapped with restrictions from hosting events
By Staff Reporter
QUETTA: Authorities in Quetta have barred the local press club from hosting events by organisations or political parties without prior approval, sparking outrage among journalists and activists.
Pakistan internet slowdown to drag on until October – PTA
By Staff Reporter
ISLAMABAD: A fault in two submarine cables will continue to disrupt Pakistan’s internet services until early October, the country’s telecom regulator said on Wednesday.