Pakistan to host OIC FMs session on Afghanistan on Dec 19: FM Qureshi

LAHORE: Pakistan on Saturday announced to host 17th extraordinary session of the OIC Council of Foreign Ministers on Afghanistan situation will be held in Islamabad on 19th of this month, with core objectives of highlighting the need for urgent assistance and mobilisation of resources to avert a humanitarian crisis and economic collapse in Afghanistan. Read … Read more

Govt focused to provide sports facilities to youth: PM Imran Khan

Hockey

ISLAMABAD: Prime Minister Imran Khan reiterated on Saturday that the provision of sports facilities to youth was one of the top priorities of the government. “The government is focused to provide sports facilities to youth,” said the premier while chairing a high-level meeting on the National Sports Policy and Overhauling of Sports Governance Structure in … Read more

Sialkot lynching: Sri Lanka confident PM Imran Khan will punish culprits

Imran Khan Sri Lanka

A day after the horrific murder of a Sri Lankan man in Sialkot, Sri Lankan Prime Minister Mahinda Rajapaksa on Saturday expressed confidence that his Pakistani counterpart would keep his commitment by bringing the perpetrators of the crime to justice. Read more: ‘We have planted time bombs in society, they will explode if not defused’ … Read more

50% demolition work at 15-storey Nasla Tower completed, claims SBCA

KARACHI: An official of the Sindh Building Control Authority (SBCA) has claimed that 50 per cent of demolition work at the 15-storey Nasla Tower had been completed, Bol News reported on Saturday. “The outer walls of the building have been demolished, and lifts have been removed,” he added. Read more: Section 144 imposed around Nasla Tower … Read more

10 fishermen released from Indian captivity reach Pakistan  

LAHORE: India handed over 10 Pakistani fishermen, who had been imprisoned in the country for five years, to authorities at the Wagah border on Saturday, said Bol News. The fishermen, all from Thatta district in Sindh, were detained five years ago, for entering its territorial waters. Read more: Pakistan releases 20 Indian fishermen as a goodwill … Read more

BOL NEWS BUSINESS DIGEST: December 4, 2021

BOL NEWS BUSINESS

Economy on strong footings to absorb trade deficit, inflationary pressures: Tarin ISLAMABAD: A record trade deficit, double-digit inflation and increase in the interest rate of T-bills auction created panic at the Pakistan stock market but the economy is on strong footings and will grow beyond 5 per cent in this financial year, a senior government … Read more

Steam train to run between Attock Khurd, Nowshera for a week

ISLAMABAD: Pakistan Railways will run a special steam train from December 3 to 10 between Attock Khurd and Nowshera train stations to promote tourism as per the vision of Prime Minister Imran Khan, read a statement issued by the railway department. According to Pakistan Railways, the ambassadors and foreigners will embark on the train. They … Read more

Hafiz Naeem demands forming commission to probe china-cutting

Jamaat-e-Islami announces march to US embassy over aggression in Gaza

KARACHI: Jamaat-e-Islami (JI) Karachi chief Hafiz Naeem ur Rehman on Friday demanded establishment of a commission regarding china-cutting, a practice pioneered by the Muttahida Qaumi Movement (MQM) in which amenity plots are sliced to be sold. Referring to the Local Government (Amendment) Bill, 2021 recently passed by the Sindh government in absence of the opposition … Read more

Asad Umar directs to complete land acquisition for Sukkur-Hyderabad motorway

ISLAMABAD: Minister for Planning and Development Asad Umar on Friday directed authorities to complete land acquisition for Sukkur-Hyderabad motorway on a priority basis, so as to start construction of the project in the third quarter of the current fiscal year. Chairing a review meeting of major development projects in Islamabad, he directed the National Highway … Read more

ECP to float tenders for purchasing EVMs: Shibli Faraz

Shibli Faraz Radio Pakistan

ISLAMABAD: Minister for Science and Technology Shibli Faraz has said after signing of the Electoral Reforms Bill, the Election Commission of Pakistan (ECP) would now float tenders to select the Electronic Voting Machines (EVM). Addressing the ceremony of signing of the Electoral Reforms Bill 2021, in Islamabad, he said the election commission had already constituted … Read more

Man shot dead for resisting robbery in Karachi

KARACHI: Armed robbers gunned down a man in the Saeedabad area of Karachi during a robbery and stole Rs3 million, Bol News reported on Friday. Read more: Robbers snatch Rs34 mn from family in Lahore The incident took place yesterday, following which its CCTV footage went viral on social media. The footage revealed that the robbers chased … Read more

Azam Swati apologises to ECP for his remarks against electoral watchdog, CEC

ISLAMABAD: Railways Minister Azam Swati on Friday apologised to the Election Commission of Pakistan (ECP) for his remarks against the electoral watchdog and the Chief Election Commissioner (CEC) Sikandar Sultan Raja. Read more: Azam Swati and Fawad Ch to receive notice from ECP The minister did not attend the hearing in person, but his lawyer, Barrister … Read more

Rupee loses 28 paisas to dollar at interbank opening

Rupee

KARACHI: Pakistani rupee declined by 28 paisas against the dollar in early trade at the interbank foreign exchange market on Friday. The dollar is being traded at Rs176.70 at the opening of the interbank market. The exchange rate was closed at Rs176.42 on Thursday December 2, 2021. Read more: Further rupee depreciation, hike in key … Read more

If anyone is ok with govt-IMF deal, he must get his mental balance checked: Iqbal

Ahsan Iqbal

Senior Pakistan Muslim League-Nawaz leader Ahsan Iqbal has said that if anyone is ok with the Pakistan Tehreek-i-Insaf (PTI) government’s agreement with the International Monetary Fund (IMF) on its terms, then he must get his “mental balance checked”. Read more: Pakistan thrown in debt trap by PTI govt, says Ahsan Iqbal Lashing out at the … Read more

KSE-100 opens bearish today

KARACHI: The Pakistan stocks opened on a bearish note as the KSE-100 index witnessed a decline of 87.85 points, or 0.20 per cent, in the first hour of trading on Friday. The local equity market witnessed a bloodbath on Thursday as the investors remained concerned over the expectations of beyond 100bps increase in the key … Read more

Shortage of resources impacting local govt bodies performance, claims Ghani

KARACHI: Sindh Information Minister Saeed Ghani claimed on Thursday that local government bodies were unable to run dispensaries, hospitals and schools due to shortage of resources, and therefore, they wanted these institutions to be handed over to the Sindh government. Read more: PSP to challenge Sindh Local Bodies Act in SHC “Improvement in Abbasi Shaheed Hospital … Read more

Police suspect SBC secretary’s assailants to be expert target killers

KARACHI: The investigation officer on Thursday said the motorcycle-riding assailant appeared to be a target killer through the manner in which he shot bullets at Sindh Bar Council Secretary Irfan Mehr in Gulistan-e-Johar area of Karachi a day ago. The investigation officer said the suspects had their covered their faces during the incident. The IO … Read more