By Staff Reporter
ISLAMABAD: The country’s power regulator on Monday allowed K-Electric (KE) to ratchet up the tariff for the load-shedding-battered consumers by Rs9.66/unit, a second such increase in a short span of time.
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The anatomy of our horrid power crisis
By Staff Reporter
ISLAMABAD: Despite the government’s repeated claims to end load shedding, Pakistani households and businesses continued to suffer intermittent power outages in the scorching summer heat of June – and the pattern shows no signs of going away in July.
PM pushes new US envoy to deepen investment ties
By Staff Reporter
ISLAMABAD: Prime Minister Shehbaz Sharif on Friday, in his first interaction with the new full-time US envoy, said Pakistan wished mutually respected ties with Washington, which could be further bolstered through investment, trade, and development finance, a statement said.
A US-DELEGATION HEADED BY MR. DILAWAR SYED, STATE DEPARTMENTS SPECIAL REPRESENTATIVE FOR COMMERCIAL AND BUSINESS AFFAIRS CALLED ON FEDERAL MINISTER FOR FINANCE AND REVENUE MR. MIFTAH ISMAIL AT FINANCE DIVISION, ISLAMABAD ON JULY 01, 2022.
Needed Inflows: Pakistan offers high returns to US investors
By Staff Reporter
ISLAMABAD: Pakistan on Friday invited US investors to make the most of the high-return investment opportunities that were up for grabs right now, especially in renewable energy as well as other sectors of the economy, a statement said on Friday.
KARACHI: Indian fishermen showing their names as exit Malir jail following their release in the provincial capital. At least 20 Indian fishermen jailed In Pakistan released after five years. ONLINE PHOTO
Pakistan, India swap prisoner lists
By Staff Reporter
LAHORE: Islamabad and New Delhi on Friday swapped the lists of civilian prisoners and fishermen languishing in the jails of both sides, under the provisions of the Agreement on Consular Access signed between the two countries in 2008.
Stumbling Block: IMF cutting no slack to Pakistan on anti-corruption reforms
By Staff Reporter
ISLAMABAD: Pakistan and its development partner, the IMF, are stretching their negotiatory limits to carve out a consensus on Prior Actions (PAs) for a staff accord, but the talks are stalemating as the lender is not backing down on its demand for putting a powerful anti-corruption watchdog among the dirty government officials from top to bottom.
Hamza Shahbaz, the PDM's man to head the government in the Punjab province. Photo courtesy APP
Hamza Shehbaz to continue as CM, for now
By Staff Reporter
ISLAMABAD: The Supreme Court on Friday ruled the election for the post of Chief Minister Punjab would take place on July 22 to allow all parties due time to prepare for the exercise, but ordered Hamza Shahbaz to continue in office until that time.
Finance Minister Miftah Ismail and Chairman FBR Asim Ahmad addressing news conference in Islamabad Friday, July 1, 2022. Photo courtesy of the Ministry of Finance.
FBR gearing to sniff out tax non-filers
By Staff Reporter
ISLAMABAD: Chairman Federal Board of Revenue (FBR) Asim Ahmad told journalists Friday in the presence of Federal Minister for Finance Miftah Ismail that the authorities had started collecting data from National Database and Registration Authority (NADRA) to help broaden of tax base.
Photo courtesy of APP
June saw history’s worst inflation
By Staff Reporter
ISLAMABAD: Official data published Friday put the crucial Consumer Price Index (CPI) for the month of June 2022 at 21.32 percent, up 6.34 percent month-on-month from the level reported for May, a reflection of how the purchasing power of the common Pakistani is evaporating in thin air.
APEX COURT: Photo courtesy Supreme Court of Pakistan website
SCP about to hear appeal to stall Punjab CM election
Imran Khan’s PTI seeks remedy against yesterday’s LHC ruling mandating today’s recount. By Staff Reporter ISLAMABAD: The appeal filed by Pakistan Tehreek-e-Insaf (PTI) against the