By Staff Reporter
ISLAMABAD: The trade deficit widened sharply in the first 10 months of the current fiscal year as goods imports surged to a record high, suggesting that trade likely remained a drag on economic growth in the last quarter.
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Telecoms move SBP to undo cash margins on hardware imports
Our Staff Reporter
ISLAMABAD: Telecom and IT industries have pleaded with the State Bank of Pakistan (SBP) to reverse 100 percent cash margins on the import of nearly all those critically-important equipment that could not be procured domestically.
Power tariffs hiked again
By Staff Reporter
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) on Friday raised Rs2.86 and Rs1.38 per unit for consumers as fuel adjustment cost (FCA) for Ex-Wapda Discos and K-Electric (KE) respectively, which would be applicable in May 2022 bills.
Asian Games postponed until 2023 over Covid
By Staff Reporter
ISLAMABAD: The Asian Games 2022 have been postponed until next year as China, the host country, is once again reeling under a renewed Covid-19 threat, the governing Olympic Council of Asia (OCA) said on Friday.
MAP: China-Pakistan Economic Corridor (CPEC)
CPEC security under sharp focus
By Staff Reporter
ISLAMABAD: Professor Ahsan Iqbal, the new planning minister, has bound the agencies to compare intelligence on the security of China-Pakistan Economic Corridor (CPEC) every month to ensure the safety of Chinese professionals working in Pakistan.
MAP: Irrigation and River Network of Pakistan
Rethinking distributive justice of the Indus
From the Editors
Sindh Chief Minister Syed Murad Ali Shah while speaking to media at Sehwan earlier this week expressed his resolve to take up the issue of water shortage in Sindh in the Council of Common Interest. Later in the week a strong worded statement, issued from the Sindh CM demanded judicious distribution of water and called upon the federal government to adhere to the IRSA accord 1991.
COOLING OFF: Families bathing and splashing to beat the heat at a canal in Lahore's Dharampura area - File Photo
Hairy heatwave due right after Eid
By Staff Reporter
ISLAMABAD: It seems the respite from extreme heat brought to Pakistan by the sketchy showers accompanying dust-thunderstorms over much of the country during the Eid holiday was a gift for the occasion: A severe heatwave is set to his Pakistan right after Eid.
COMMISSION OF INQUIRY: Federal minister for information Marriym Aurangzeb, flanked by Federal minister for finance Miftah Ismail, delivering her remarks at a presser April 20 – ONLINE Photo by Sunny Ghouri
Govt to set up commission to probe Imran Khan’s ‘foreign conspiracy’ claim
By Staff Reporter
ISLAMABAD: The government will set up an impartial inquiry commission to probe the alleged foreign conspiracy behind the ouster of former prime minister Imran Khan, a senior minister said on Thursday.