The police say they need further custody of Gill to secure crucial evidence in a case of incitement to mutiny in the armed forces. By Naveed Naqvi.
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Military confirms armed men are back in Swat
The authorities are geared to safeguard the people from the militants, who sneaked back from Afghanistan in small numbers to live in their native areas, says ISPR. By Naveed Naqvi.
Saudi Arabia to renew $3 billion deposit to Pakistan
News Desk
KARACHI: Saudi Arabia has decided to rollover its $3 billion deposit in Pakistan’s central bank and an announcement on the kingdom’s assistance to cash-strapped nation is expected in next two days, Bloomberg newswire reported on Saturday.
Finance Division chronicles Pakistan’s 75-year economic journey
The 49-page document includes colourful boxes and infographics to highlight key milestones in the country’s economic history.
By Staff Reporter.
Request for further police custody of Gill lands in High Court
Investigators insist they need more time to secure key evidence from the accused in a case of incitement of mutiny in the armed forces. By Naveed Naqvi.
Car sales hit speed bump in July, seen decelerating further
By Staff Reporter
KARACHI: Car sales plunged by 59 percent in July as high borrowing costs, tight credit and a slowing economy dragged down demand, an industry body said on Friday.
Nepra approves Rs9.90/unit increase in electricity tariff
By Staff Reporter
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Friday allowed power distribution companies to charge additional fuel cost adjustment (FCA) of Rs9.90 per unit on electricity they sold in June.
Digital composite by Independent Pakistan. Source images courtesy Wikipedia.org
Media regulator revokes ARY News channel’s licence
By Staff Reporter
KARACHI: The Pakistan Electronic Media Regulatory Authority (Pemra) said on Friday it has revoked private ARY News operating licence to broadcast cross the country after the interior ministry has withdrawn the channels security clearance on airing remarks against powerful military.
Police denied further custody of Shahbaz Gill
The judicial magistrate declined the police plea for further custody to gain access to Gill’s phone and laptop, and to put him through a polygraph test. By Naveed Naqvi.
Pakistan receives LoI to request $1.17bln IMF bailout loan
By Staff Reporter
ISLAMABAD: Pakistan on Friday received a Letter of Intent (LoI) from the International Monetary Fund (IMF) to formally request the board of Washington-based lender to release two tranches worth $1.17 billion and an additional one billion dollar and a year’s extension in the bailout loan facility.