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Pakistan maintains no-trade stance with India on Kashmir status

Pakistan maintains no-trade stance with India on Kashmir status

Saturday August 17, 2024Saturday August 17, 2024

By Staff Reporter

ISLAMABAD: Pakistan has no plans to resume trade with India, its foreign office said on Friday, as the situation in Indian-administered Kashmir remains unchanged since New Delhi’s controversial revocation of its special status in 2019.

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Five bullet-riddled bodies found hanging from electric pole in restive Balochistan

Five bullet-riddled bodies found hanging from electric pole in restive Balochistan

Saturday August 17, 2024Saturday August 17, 2024

By Staff Reporter

ISLAMABAD: The bodies of five men, identified as Afghan nationals, were found hanging from an electric pole in Dalbandin, Balochistan, on Friday, bearing multiple bullet wounds, government officials said.

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Punjab offers Rs14/unit electricity subsidy in summer relief

Punjab offers Rs14/unit electricity subsidy in summer relief

Saturday August 17, 2024Saturday August 17, 2024

By Staff Reporter

LAHORE: The provincial Punjab government announced a temporary subsidy of Rs14 per unit for electricity consumers using up to 500 units, seeking to provide some relief from high electricity bills during the peak summer months of August and September, at an estimated cost of Rs45 billion.

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Govt to axe 28 departments, 150,000 Jobs in reform push

Govt to axe 28 departments, 150,000 Jobs in reform push

Saturday August 17, 2024Saturday August 17, 2024

By Staff Reporter

ISLAMABAD: Pakistan’s government has embarked on a major overhaul of its bureaucracy, abolishing 28 departments across five ministries and proposing the merger of two ministries, in a bid to slash costs and enhance governance.

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Pakistan authorities detect three mpox cases linked to UAE travel

Pakistan authorities detect three mpox cases linked to UAE travel

Friday August 16, 2024Friday August 16, 2024

By Staff Reporter

ISLAMABAD: Pakistan has identified three cases of the mpox virus, also known as monkeypox, in individuals who recently arrived from the United Arab Emirates, a provincial health department said on Friday.

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ECC approves Rs60 billion relief package to offset rising prices

ECC approves Rs60 billion relief package to offset rising prices

Friday August 16, 2024Friday August 16, 2024

By Staff Reporter

ISLAMABAD: The government has increased its relief package by 71 percent to Rs60 billion to shield the poor, as it grapples with a slowing economy and high food prices that are eroding household purchasing power.

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Pakistan debt metrics show signs of improvement

Pakistan debt metrics show signs of improvement

Thursday August 15, 2024Thursday August 15, 2024

By Staff Reporter

KARACHI: Pakistan’s debt burden is easing, with the debt-to-GDP ratio falling to 70 percent in FY24, as nominal GDP growth outpaces debt expansion, and external debt metrics also showing signs of improvement.

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IT sector faces $300 million hit from national firewall – trade body

IT sector faces $300 million hit from national firewall – trade body

Thursday August 15, 2024Thursday August 15, 2024

By Staff Reporter

KARACHI: Pakistan’s IT sector is facing a crisis as a government-imposed firewall causes widespread disruptions, with estimated losses of $300 million, amid warnings of a prolonged economic impact.

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Military arrests three more retired officers in ISI Hameed court-martial case

Military arrests three more retired officers in ISI Hameed court-martial case

Thursday August 15, 2024Thursday August 15, 2024

By Staff Reporter

ISLAMABAD: Pakistan’s military has arrested three more retired officers in connection with the court-martial of former spymaster Lt. Gen. (retired) Faiz Hameed, who was detained this week on charges of violating the Pakistan Army Act.

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Ex-prison official held for allegedly aiding Imran Khan

Ex-prison official held for allegedly aiding Imran Khan

Thursday August 15, 2024Thursday August 15, 2024

By Staff Reporter

ISLAMABAD: Law enforcement agencies have detained a former deputy superintendent of Punjab prisons, Muhammad Akram, on suspicion of facilitating imprisoned former Prime Minister leader Imran Khan, local media reported on Wednesday.

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