By Staff Reporter
ISLAMABAD: Rupee devaluation and rising energy prices are likely to push up consumer prices in the near term that are already sky high, the finance ministry warned on Friday.
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Eleven killed in stampede for food aid in Karachi
By Staff Reporter
KARACHI: At least 11 people, including women and children, were killed and several others injured in a deadly stampede during the distribution of food aid in Karachi on Friday, officials said.
PM Sharif orders withdrawal of review petitions against Justice Isa
By Staff Reporter
ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday said his government will withdraw a case against a senior Supreme Court judge, calling it baseless and politically motivated.
Pakistan picks IFC as adviser for airports outsourcing
By Staff Reporter
ISLAMABAD: Pakistan on Thursday approved hiring of World Bank’s International Finance Corporation (IFC) to provide transaction support as the country initiated a process to outsource operations at three major airports on a public private partnership.
Pakistan awaits China’s decision on rollover of $2bn loan: Reuters
News Desk
ISLAMABAD: China is working on a request from cash-strapped Pakistan to roll over a $2-billion loan that matured last week amid a stalemate in bailout talks with the International Monetary Fund (IMF), Reuters reported on Thursday.
Senate adopts bill to curtail powers of Chief Justice
By Staff Reporter
ISLAMABAD: Senate on Thursday approved a set of legislation that limits some key powers of the Supreme Court’s chief justice regarding suo motu cases and the constitution of benches.
President Alvi says SC bill timing looks questionable
By Staff Reporter
ISLAMABAD: President Arif Alvi on Wednesday admitted that there was some need to streamline Supreme Court’s internal matters but he also questioned the timing of the bill government moved to curb the power of the Chief Justice on suo moto notices, a television channel reported.
EU removes Pakistan from list of ‘High-Risk Third Countries’
By Staff Reporter
ISLAMABAD: The European Union has removed Pakistan from its ‘list of high-risk third countries’, a move welcomed by Prime Minister Shehbaz Sharif as a major development that would facilitate the country’s businesses.
Islamabad: H.E. Mr. Hamad Obaid Ibrahim Salim Al-Zaabi, Ambassador of the United Arab Emirates called on the Federal Minister for Finance & Revenue Senator Mohammad Ishaq Dar on March 29 2023.
Dar meets top UAE diplomat amid economic crisis
By Staff Reporter
ISLAMABAD: Finance minister Ishaq Dar held talks with the top United Arab Emirates diplomat in Pakistan on Wednesday to seeks external financing commitment — a key IMF condition for release of stuck-up bailout loan — from the friendly county.
Parliament passes bill to limit chief justice’s powers
By Staff Reporter
ISLAMABAD: The National Assembly on Wednesday adopted a bill aimed at curtailing the discretionary powers of the chief justice, preventing him from taking suo motu notices in an individual capacity on issues of fundamental rights and constitute benches for various cases.