Headlines:

‘We have planted time bombs in society, they will explode if not defused’

Federal Minister for Information and Broadcasting Fawad Chaudhry admitted on Saturday that he was short of words to pen down some words about the gruesome murder of a Sri Lankan national who was tortured and burned by a violent mob in Sialkot yesterday. Read more: Army chief condemns ‘cold-blooded’ murder of Sri Lankan national in Sialkot … Read more

Pakistan climber Shehroze Kashif confronts mortality, history on K2 summit

Shehroze Kashif

LAHORE: Pakistani mountaineer Shehroze Kashif faced many dangers climbing the planet’s tallest peaks, but his toughest moment came when he passed the corpse of his hero on the savage slopes of K2. Kashif was 19 years and 138 days old when in July he became the youngest person to summit both Mount Everest, the world’s … Read more

UAE signs deal for 80 French Rafale fighter jets: officials

French Rafale fighter

DUBAI: The United Arab Emirates (UAE) has signed a deal for 80 French-made Rafale fighter jets, the biggest international order ever made for the warplanes, officials said on Friday during a visit by French President Emmanuel Macron. The UAE, one of the French defence industry’s biggest customers, also agreed to buy 12 Caracal military transport helicopters, … Read more

Fawad urges opposition to participate in National Security Committee meeting

Fawad Chaudhry

Federal Minister for Information and Broadcasting Fawad Chaudhry said on Friday that the opposition’s decision to boycott the meeting of the Parliamentary Committee on National Security was regrettable. Read more: With superficial leaderships, PML-N, PPP have no agenda, claims Fawad Chaudhry In a tweet, the minister said that it was for the first time in seven … Read more

BOL NEWS BUSINESS DIGEST: December 3, 2021

BOL NEWS BUSINESS

Asad Umar reviews progress on PSDP projects ISLAMABAD: Federal Minister for Planning Development and Special Initiatives Asad Umar on Thursday reviewed the implementation plan of major projects of the Public Sector Development Programme. –HAMZA HABIB Read more Pakistan, Kazakhstan sign deal to promote research ISLAMABAD: Pakistan and Kazakhstan signed a memorandum of understanding (MoU) on … Read more

Pakistani students work magic to transform GCU campus into Harry Potter’s Hogwarts

GCU Harry

LAHORE: It took more than a wave of a wand, but Pakistani university students transformed their 150-year-old campus into Hogwarts this week as they kicked off a festival celebrating the fictional young wizard Harry Potter. Read more: Harry Potter first edition sold for £75,000 at auction With its vast halls and soaring archways, Government College University … Read more

PSX crashed due to govt’s catastrophic economic policy, decisions: Shehbaz

Shehbaz Sharif PML-N president

ISLAMABAD: President Pakistan Muslim League-Nawaz (PML-N) and National Assembly (NA) Opposition Shehbaz Sharif said the Pakistan Stock Exchange (PSX) crashed on Thursday due to the government’s “catastrophic economic policy and the steps it had taken”. Read more: PSX plunges over 1,900 points at midday In a statement yesterday, Shehbaz pointed out that a bloodbath at the … Read more

Shehbaz demands reduction in fuel prices in line with international decline

Shehbaz Fazl anti-Inflation protest

LAHORE: Pakistan Muslim League-Nawaz (PML-N) President and Opposition Leader in the National Assembly Shehbaz Sharif said on Thursday that the impact of rising inflation this year, both on the national economy and the poor, remained destructive. Read more: ‘Step down and give relief to people,’ Shehbaz Sharif tells PM Imran Khan Shehbaz claimed that “meaningless … Read more

Fawad welcomes ECP committees on EVMs, voting right for overseas Pakistanis

Govt

Federal Minister for Information and Broadcasting Chaudhry Fawad Hussain, on Thursday, welcomed the decision of the Election Commission of Pakistan (ECP) to constitute technical committees on the matters related to Electronic Voting Machines (EVMs) and voting right for overseas Pakistanis. Read more: Parliament approves use of EVMs, voting rights to overseas Pakistanis amid ruckus In … Read more

FBR announces massive rise in Karachi properties valuation

Karachi

KARACHI: The Federal Board of Revenue (FBR) has announced a massive increase in the valuation of immovable properties located in Karachi for the purpose of collecting withholding tax. Read more: FBR issues fresh, revised valuation of immovable properties The FBR revised the valuation of immovable properties after a span of two years. A day ago, the … Read more

BRT Peshawar gets ‘honourable mention’ in Sustainable Transport Award 2022

BRT

Peshawar Bus Rapid Transit (BRT), a new public transport system with air-conditioned buses, gets an honourable mention in the Sustainable Transport Award 2022. Each year, the Institute for Transportation and Development Policy (ITDP) and the Sustainable Transport Award Committee select a city that has implemented innovative sustainable transportation projects in the preceding year. Read more: BRT … Read more

Pakistan High Commission in Delhi issues visas to 136 Hindu pilgrims

Pakistan High Commission in New Delhi issued 136 visas to Indian Hindu pilgrims to visit their religious sites in Pakistan, confirmed Radio Pakistan. A group of Indian Hindu pilgrims is visiting Pakistan to participate in the 313th birth anniversary celebrations of Shiv Avtari Satguru Sant Shadaram Sahib at Shadani Darbar Hayat Pitafi in Sindh starting … Read more

Implementation, operationalisation of CPEC projects govt’s top priority: PM

Imran Khan

ISLAMABAD: Prime Minister Imran Khan has reiterated that the implementation and operationalisation of the projects related to the China-Pakistan Economic Corridor (CPEC) was the top priority of the government. Chairing a high-level meeting to review progress on CPEC projects in Islamabad, the premier said that timelines specified for completion of the projects should be adhered … Read more

BOL NEWS BUSINESS DIGEST: December 2, 2021

BOL NEWS BUSINESS

PTBA demands immediate removal of FTO KARACHI: The Pakistan Tax Bar Association (PTBA), the apex tax bar of the country, has demanded removal of Asif Jah from the office of the Federal Tax Ombudsman. –SHAHNAWAZ AKHTER Read more ECC approves withdrawal of sales tax on subsidy granted to distribution companies ISLAMABAD: The Economic Coordination Committee … Read more

FO condemns extrajudicial killings of Kashmiris in fake encounters by Indian forces

FO

ISLAMABAD: Pakistan on Thursday strongly condemned India’s state-terrorism and extra-judicial killings of innocent Kashmiris in fake encounters and so-called “cordon and search operations” in Indian Illegally Occupied Jammu and Kashmir (IIOJK). Indian occupation forces had martyred 35 Kashmiris in less than two months in the IIOJK. Three more civilians were martyred during a fake encounter … Read more

KSE-100 opens bearish today

KARACHI: The Pakistan bourse opened on a bearish note as the KSE-100 index declined 220.65 points, or 0.50 per cent, in the first hour of trading on Thursday. The Pakistan equity market plunged on Wednesday, following the announcement of removal of general sales tax (GST) exemption and rollover settlement, while selling pressure persisted during the … Read more

FIA begins countrywide probe into ‘irregularities’ at ETPB on orders of SC

FIA

LAHORE: Following orders of the Supreme Court of Pakistan (SC), the Federal Investigation Agency (FIA) launched a countrywide probe against the officials of Evacuee Trust Property Board (ETPB) for causing a loss to the tune of Rs77 billion due to alleged irregularities. The FIA officials confirmed on Wednesday that they had started the probe into … Read more

PML-N legislators submit resolutions against gas price hike, IMF deal in PA

LAHORE: Pakistan Muslim League-Nawaz (PML-N) legislators in the Punjab Assembly, Sumera Komal and Aneeza Fatima, on Wednesday submitted two separate resolutions against gas price hike and the International Monetary Fund (IMF) deal done by the federal government. MPA Sumera, in her resolution, claimed that despite a hike in gas tariffs, people were still facing a … Read more

Joe Biden invites Pakistan to ‘democracy summit’ alongside 110 countries

Imran Biden

WASHINGTON: United States President Joe Biden has invited around 110 countries to a virtual summit on democracy in December, including major Western allies and Pakistan, India and Iraq, to “focus on challenges and opportunities facing democracies,” confirmed a list posted on the US State Department website. The “December 2021 Summit” will take place online on … Read more

Moeed Yusuf urges world to deliver humanitarian assistance to Afghanistan

Adviser on National Security Moeed Yusuf has urged the international community to deliver humanitarian assistance to the Afghan people. In an interview with CNN, he said that Pakistan was doing whatever it could and sending the supplies to the war-torn neighbouring country. Yusuf said that the country also offered to become the air and land … Read more

Rupee remains stable at interbank opening

Rupee weakens

KARACHI: Pak Rupee remained stable without major changes in early trade at the interbank foreign exchange market on Wednesday. The dollar is being traded at Rs174.30 at the opening of the interbank market. The exchange rate was closed at Rs174.30 on Tuesday, November 23, 2021. The local currency recorded no major changes against the last day … Read more