IHC sidelines Justice Jahangiri over alleged fake law degree

ISLAMABAD: The Islamabad High Court on Monday barred Justice Tariq Mahmood Jahangiri from judicial duties pending a Supreme Judicial Council ruling on allegations that his law degree is fraudulent, a decision that intensifies scrutiny of Pakistan’s judiciary at a time of heightened tensions over its independence.

Read more

PIA posts first half-year profit in two decades ahead of privatization push

KARACHI: Pakistan International Airlines (PIA), the country’s state-owned carrier, reported its first pre-tax profit for the first half of a year since 2004, a milestone that bolsters Islamabad’s efforts to privatise the airline as part of a $7 billion International Monetary Fund bailout agreement.

Read more

Punjab, Sindh clash over flood data as swollen rivers rush towards Guddu Barrage

KARACHI: A dispute over conflicting floodwater data has erupted between Punjab and Sindh authorities as swollen eastern rivers roar towards Guddu Barrage, heightening fears in the downstream south of a looming deluge that has already displaced millions by devastating floods, Dawn newspaper reported on Tuesday.

Read more

Zardari looks to revive ties with Shanghai Electric after abandoned K-Electric takeover

ISLAMABAD: President Asif Ali Zardari sought to revive ties with Shanghai Electric Power Co. after the Chinese company scrapped its long-stalled $1.77 billion bid for a controlling stake in K-Electric Ltd., assuring executives that any lingering issues would be addressed as he invited fresh investment in the nation’s power grid.

Read more