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
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Court orders recount of votes cast for Punjab CM election
By Staff Reporter
LAHORE: The Lahore High Court (LHC) on Thursday ordered a recount of the CM Punjab election held on April 16 after excluding the votes of 25 de-seated lawmakers of Pakistan Tehreek-e-Insaf (PTI).
Chinese company eyes 100 MW wind power project in Thatta
By Staff Reporter
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif Thursday called upon Chinese companies to invest in the huge potential of renewable energy, particularly in the solar power in Pakistan.
Staff level deal with IMF likely this week
By Staff Reporter
ISLAMABAD: Pakistani authorities are expecting the International Monetary Fund (IMF) to share a draft Memorandum of Financial and Economic Policies (MEFP) in the next 24 hours, paving the way for a staff level agreement within this week.
Bhutto’s PPP set to win Sindh’s local government poll hit by violence
By Staff Reporter
KARACHI: At least two people were killed, and several dozens were injured on Sunday after rival political parties contesting first phase of local government elections in Sindh fired guns and scuffled, police said.
Pakistan almost seals IMF deal with super tax
By Staff Reporter
ISLAMABAD: Mustering the much-needed courage, the government on Friday levied a super tax on big-earners to raise extra Rs466 billion, enabling itself to chase a higher tax target of Rs7.470 trillion to reclaim the IMF loan ditched by the last government.
Default Level: SBP forex reserves hit 32-month low of $8.2bn
By Staff Reporter
KARACHI: State Bank of Pakistan’s (SBP) dollar stockpile hit a 32-month low of $8.2 billion from $8.99 billion last week, latest numbers revealed on Thursday, which leaves the country with an import cover for just 1.21 months, but a top-up of likely $2.3 billion from Chinese banks could lift them to a less critical level.
Salaried, business class brace for more taxation shocks
By Staff Reporter
ISLAMABAD: The government is brainstorming ways and means to wring more taxes out of salaried/business class, high earners and sectors like tobacco, beverages, steel, etc before closing the budget document for next fiscal.
Reckoning for Justice (R) Javed Iqbal?
By Staff Reporter
ISLAMABAD: Tayyaba Gul claims she shared the video with the then prime minister in the hope the perpetrator of injustice against her would be brought to justice.
US farm conglomerate eyeing investment in Pakistan
By Staff Reporter
KARACHI: The global food conglomerate Cargill, Inc., plans to enhance and diversify its investments in Pakistan in the fields of agriculture and bio industry, reports coming from the Embassy of Pakistan, Washington DC say.
