KARACHI: The Federal Board of Revenue has exposed a sprawling customs fraud at Jinnah International Airport in Karachi, involving the illegal removal of high-value electronic goods worth hundreds of millions of rupees without proper declarations or payment of duties, a statement said on Friday.
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Security forces kill seven terrorists in Balochistan operation
ISLAMABAD: Security forces have killed seven terrorists in a high-stakes intelligence-based operation in Balochistan’s Sherani district, the military announced on Friday, marking another blow to militant groups in the restive region.
Second round of negotiations launched in AJK to defuse protests, strike continues
ISLAMABAD: A second round of negotiations convened on Friday in Muzaffarabad between the government officials and the Joint Awami Action Committee (JAAC), a civil society alliance spearheading weeks of protests that have plunged Azad Jammu and Kashmir into turmoil, as both sides sought to defuse a crisis marked by deadly violence and a regionwide shutdown.
FM Dar says Trump Gaza peace plan differs from Muslim nations’ draft but backs final outcome
ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar distanced Pakistan on Friday from a 20-point Gaza peace plan unveiled by US President Donald Trump, saying it differed from a draft proposed by Muslim nations but insisting the negotiated result left no room for political maneuvering.
Punjab CM Nawaz rejects apology in PPP spat
By Staff Reporter LAHORE: Punjab Chief Minister Maryam Nawaz on Thursday firmly declined to apologise for her sharp remarks against the Pakistan Peoples Party (PPP),
Trade gap widens 46 percent to $3.34 billion in September
ISLAMABAD: Pakistan’s trade deficit surged nearly 46 percent in September to $3.34 billion, official data released Thursday showed, driven by a sharp rise in imports and a steep drop in exports.
ECC approves Rs24 bln for security; reforms barter with Afghanistan, Iran, Russia
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet approved approximately Rs24 billion in supplementary grants on Thursday to fund security measures and urgent costs tied to the shuttered Roosevelt Hotel in New York, while endorsing reforms to a barter trade mechanism for commerce with Afghanistan, Iran, and Russia.
Imran Khan revives push to make veteran Achakzai opposition leader in parliament
ISLAMABAD: Jailed former prime minister Imran Khan has renewed his push to appoint Mahmood Khan Achakzai, a veteran Balochistan politician, as the opposition leader in the National Assembly, a move that has reignited tensions within his beleaguered Pakistan Tehreek-e-Insaf (PTI) party, a senior party official said.
Pakistan condemns Israeli interception of aid flotilla, demands return of nationals
ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday praised his country’s “dignified participation” in an aid flotilla intercepted by Israeli forces en route to Gaza, as Islamabad condemned the move and demanded the safe return of its nationals aboard.
Procter & Gamble to exit Pakistan operations, shift to distributor model
KARACHI: Procter & Gamble Co. plans to shutter its manufacturing and commercial operations in Pakistan as part of a broader restructuring, joining a wave of multinationals scaling back in the South Asian nation amid economic headwinds.