LAHORE: Special Assistant to Prime Minister (SAPM) on Accountability Shahzad Akbar said the challan submitted by Federal Investigation Agency (FIA) against Pakistan Muslim League – Nawaz (PML-N ) leaders Shahbaz Sharif and Hamza Shahbaz in the Ramzan Sugar Mills money laundering case consists of more than 4,000 documents and 100 witnesses. Deeming Shahbaz Sharif the … Read more
PESHAWAR: A top leader of the banned Tehreek-e-Taliban Pakistan (TTP) escaped unhurt from a suspected drone strike on a safe house in eastern Afghanistan, the militant group said Friday. The strike on Thursday evening came a week after a ceasefire between the militant group and the government collapsed. Read more: Tehreek-e-Taliban Pakistan declares ‘end’ to … Read more
BRASÍLIA: The International Monetary Fund (IMF) said on Thursday it will close its Brazilian office, a day after receiving harsh criticism from Economy Minister Paulo Guedes over its forecasts for Latin America’s biggest economy. The IMF said it would close its office in Brasilia when the current country representative’s mandate expires on June 30, 2022. The … Read more
The ten deaths in a stampede during the rapper Travis Scott’s concert at Astroworld in Houston last month took a new angle. Harris County medical examiner, on Thursday said that the deaths were accidental. According to the examiner’s report, the victims, aged between 9 and 27, died of compression asphyxia after being crushed to death. … Read more
LONDON: Britain and Australia finalised in a virtual ceremony on Thursday a free trade deal that is expected to unlock more than £10 billion in trade annually. The deal, which was agreed in principle in June, is the first free trade deal that Britain negotiated from scratch since its EU exit earlier this year to have … Read more
KARACHI: The Site Association of Industry (SAI) has rejected another 100 basis points rise in the interest rates and called for its immediate reversal, especially when the industry is facing forced closures due to a severe gas shortage, a statement said. SAI president Abdul Rasheed said that free-float of the exchange rate works as a … Read more
The National Command and Operation Centre (NCOC) announced on Friday that winter vacations in educational institutions will start from January 3, 2022, except in areas with extreme weather conditions or smog. Read more: NCOC shifts winter vacations to January in educational institutions: sources Federating units, continued the body which oversees the government’s pandemic response on … Read more
LAHORE: The Lahore High Court (LHC) on Friday directed the Security Exchange Commission of Pakistan (SECP) to hold a meeting with all stakeholders to determine the legal status of cryptocurrency and submit a report in this regard on next hearing. Justice Jawad Hassan was hearing a writ petition challenging the jurisdiction of a special court … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has urged the government to continue the practice of getting corporate guarantee in provisional assessment dispute cases. In letters to the prime minister, adviser to PM on finance and its secretary, LCCI president Mian Nauman Kabir, senior vice president Mian Rehman Aziz Chan and vice president … Read more
LAHORE: The Punjab government on Friday agreed before the Lahore High Court (LHC) to close the educational institutions from December 23. Justice Shahid Karim of the LHC heard the petition of Shiraz Zaka advocate who argued that no concrete and effective measures had been taken to control smog. Read more: LHC asks Punjab govt to … Read more
Chris Noth, star of Sex and the City, rejected sexual assault charges made against him by two women. Noth said that his interactions with the ladies in 2004 and 2015 were “consensual.” In a written reply, Noth, stated: “The charges against me made by individuals I met years, even decades ago are totally incorrect.” Read … Read more
WASHINGTON, Dec 17, 2021 (AFP) – A US government-appointed panel of medical experts on Thursday unanimously recommended mRNA Covid vaccines made by Pfizer and Moderna over Johnson & Johnson’s shot, in light of its weaker protection and greater risks. The panel voted 15-0 in favor of the new guidance, which applies to everyone over 18 years … Read more
SHANGHAI, Dec 17, 2021 (AFP) – Chinese drone-maker DJI is easily the highest-profile company targeted in a new round of US economic sanctions against companies over China’s treatment of its Muslim Uyghur minority. Following are key facts about Shenzhen DJI Sciences and Technologies Ltd, better known around the world by drone users simply as DJI. Born … Read more
Bollywood heartthrob finally managed to convince his wife Natasha Dalal to make an Instagram reel with him. Read more: Varun Dhawan & Natasha celebrate their first Diwali as a married couple with family Natasha who otherwise shy away from her husbands social accounts is seen in a video on the actor’s Insta account earlier today. … Read more
JOHANNESBURG, Dec 17, 2021 (AFP) – Infection rates are soaring across South Africa as a result of the Omicron variant of the coronavirus, but fewer people have died or required hospital treatment compared to previous waves of Covid, health officials said Friday. On Wednesday, South Africa recorded the highest number of infections the nation has ever seen in … Read more
Sialkot police presented 33 more suspects allegedly involved in the lynching of 48-year-old Sri Lankan factory manager Priyantha Kumara in the city before an anti-terrorism court (ATC) on Friday. Read more: Wife of Sri Lankan man refutes blasphemy claim, demands justice for husband, kids The suspects were presented before the court amid strict security arrangements … Read more
KARACHI: The Employers’ Federation of Pakistan (EFP) is completely perplexed by the central bank’s action towards the recent interest rates, a statement said. EFP president Ismail Suttar said that the State Bank’s action to increase the level of already augmented interest rates proves that there is an absolute uncertainty about the correlation between inflation and … Read more
Dolly Parton is still breaking records with her five-decade-long music career. This time the singer secured three more Records to her name according to sources. The 75-year-old has been with two new titles by the GWR. One for breaking the record of the most decades in the singing career. The other, for the most no.1 … Read more
KARACHI: The North Karachi Association of Trade and Industry (Nkati) has expressed concern over stopping the gas supply to non-export, general industries and demanded the government to continue gas supply with required pressure to the industries, a statement said. Faisal Moiz Khan, president of Nkati, said that Karachi should not be punished for contributing 54 … Read more
Minister for Energy Hammad Azhar, on Friday, rejected media reports about a ‘possibility’ of fuel shortage in the country, saying that sufficient stocks of petroleum products were available to meet consumers’ needs. Read more: Getting rid of debts taken by Nawaz, Zardari will be real success: Fawad Chaudhry “Contrary to media reports, there is no … Read more
SHENYANG: German luxury carmaker BMW on Thursday announced its upgraded strategy in the Chinese market, with three new or upgraded plants to open in 2022. At its New Year media conference, BMW Group China said that it is determined to continue its close cooperation with China’s automobile industry and attaches importance to Chinese market demands … Read more
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved the summary presented by the Ministry of Commerce on Textile and Apparel Policy 2020/25 with the directives to incorporate inputs of the Federal Board of Revenue (FBR) and the Finance Division and meet the observations of the Power Division. Federal Minister for Economic Affairs Omar … Read more
ISLAMABAD: Foreign Minister Shah Mahmood Qureshi held discussions with the media fraternity and diplomatic community on Sunday’s 17th Extraordinary Session of the Organisation of Islamic Cooperation (OIC) Council of Foreign Ministers on Afghanistan in the capital. Read more: OIC can be Muslim Ummah’s voice for Afghanistan: FM Qureshi In a tweet on Friday, Qureshi said … Read more
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin held a meeting with a delegation of the Pakistan Pharmaceuticals Association (PPMA) headed by its chairman Qazi M Manzoor at the Finance Division, a statement said. The PPMA chairman highlighted the problems being faced by the pharmaceutical manufacturers, especially issues related to the … Read more
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin said that revitalisation and strengthening of the Small and Medium Enterprises Development Authority (Smeda) and the SME Bank is essential to achieve the targets of the SME policy. Tarin chaired a meeting on revitalising Smeda at the Finance Division on Thursday. Highlighting the … Read more
BEIJING: China stands ready to work with Pakistan to promote the high quality development of the China-Pakistan Economic Corridor (CPEC) so that it will drive growth and benefit people’s livelihood, and play a bigger role in promoting regional connectivity and economic integration, a Chinese Foreign Ministry spokesperson said. “The China-Pakistan Economic Corridor (CPEC) is a … Read more
BEIJING: Chief representative of the National Bank of Pakistan (NBP) in China, Shaikh Muhammad Shariq, has said that his bank is committed to provide maximum banking facilitation to the Chinese businessmen during the second phase of the China-Pakistan Economic Corridor. The NBP has provided maximum banking facilitation during the first phase of CPEC and is … Read more
ISLAMABAD: Board of Investment (BoI) secretary Fareena Mazhar has said that Pakistan offered the potential investors a robust consumer market with an ever-expanding middle class. Addressing an online investment seminar organised by the Board of Investment (BoI) in collaboration with the Pakistan Embassy in US, she said its strategic location at the crossroads of South … Read more
