The UK government’s Thursday travel review revealed no changes for Pakistan, which remains on the red list, despite weeks of lobbying by the Pakistan High Commission and British Pakistani MPs. Travelers from Pakistan will be disappointed by the UK government’s decision, as they will be subjected to an obligatory 10-day hotel quarantine, which would cost … Read more
KARACHI: The imports of used and old cars registered a massive growth of 153 per cent in July 2021 over the same month of the last year. According to the data released by the Pakistan Bureau of Statistics (PBS) on Friday, the imports of old and used cars increased to $33.03 million in July 2021, … Read more
At least 16 workers died and more were missing after a factory fire in Karachi on Friday, police said. More than 25 labourers were inside the small factory in a residential area when the blaze broke out, causing it to fill with thick smoke. “We have recovered 16 bodies so far,” senior police officer Shahjehan … Read more
KARACHI: The Indus Motor Company has declared a final cash dividend of Rs36.5/share for the year ended June 30, 2021, which is in addition to the interim dividend of Rs67/share already paid to the shareholders. Indus Motor posted a net profit of Rs12.82 billion, translating into the earnings per share (EPS) of Rs163.21 for FY21, … Read more
Director-General Inter-Services Public Relations (ISPR) Major General Babar Iftikhar said on Friday that the situation on Pakistan’s border with Afghanistan is “fairly normal and pretty much under control” and assured the nation that the army is prepared and will not be unaware if something happens on the western front. The DG ISPR in a press … Read more
Prime Minister Imran Khan has shared three names, each, to fill the Election Commission of Pakistan’s (ECP) vacant seats for Punjab and Khyber-Pakhtunkhwa with Opposition Leader in National Assembly Shahbaz Sharif, confirmed Federal Information Minister Fawad Chaudhry on Friday. Federal Information Minister Fawad Chaudhry tweeted, along with an undated letter, that PM Imran Khan has … Read more
After the launch of Roshan Digital Account, Prime Minister Imran Khan is set to inaugurate the Roshan Apna Ghar scheme for overseas Pakistani, his office said on Friday. In a series of tweets, the PM Office said that the initiative is being launched to make it ‘easier’ for overseas Pakistanis to purchase houses in Pakistan. … Read more
The Pakistani students and expats residing in the United Kingdom (UK) have expressed their concern over London’s decision to retain Pakistan on the red list despite the lobbying by Pakistan High Commission and Pakistani-origin British MPs. The UK government had introduced a “traffic light system” for travellers a few months back. The countries are placed … Read more
Pakistan national team pacer Wahab Raiz said that he is confident in his team and they can outperform their arch-rival Inda in the upcoming ICC T20 World Cup. Wahab believed that Pakistan can beat any team if it played with its full potential. “They definitely have the ability to achieve that result. If Pakistan plays … Read more
IS-K is the Islamic State’s Central Asian province, and remains active three years after it was founded. It is the extremist and violent jihadist militant group of Afghanistan. It was founded in January 2015, during the height of IS’s dominance in Iraq and Syria, before a US-led force attacked and demolished the group’s self-declared caliphate. … Read more
KARACHI: The provinces have collected Rs294 billion as sales tax on services during the fiscal year 2020/21, showing a growth of 26.18 per cent over the previous year. All the four provinces collected Rs233 billion as sales tax on services during the fiscal year 2019/20, according to the statistics released by the Finance Ministry on … Read more
Amid the increasing number of coronavirus cases across the country, 95 deaths were reported in the last 24 hours. As many as 4,016 people tested positive and 3,235 people recovered during the time span. According to National Command and Operation Centre, there were 5,515 Covid patients under treatment in critical condition with 39 infected people … Read more
KARACHI: Pakistan stocks plummeted and registered a third consecutive negative session, owing to the rollover week and alarming Covid scenario. Additionally, augmenting commodity prices, higher import bill, and current account deficit position created the selling pressure at the bourse, dealers said. An analyst at Arif Habib Limited said the market traded range-bound between +124 points … Read more
ISLAMABAD: The Cabinet Committee on Energy (CCoE) on Thursday approved the Power Division’s Indicative Generation Capacity Expansion Plan, known as IGCEP 2021/30, an indicative annual plan prepared by the National Transmission and Dispatch Company (NTDC) as per the National Electricity Policy (NEP) approved by the CCI. The plan was presented in the meeting of CCoE … Read more
ISLAMABAD: The government has devised a concrete strategy to ensure access to affordable, reliable, sustainable and indigenous electricity for all by 2030. According to the three-year performance report of the government released on Thursday, it inherited multiple challenges in the power sector, including system constraints, fast rising circular debt, inefficiencies driven by corruption, theft, growing … Read more
ISLAMABAD: The production of all major crops witnessed significant increase during the last three years of the present government, according to the “Three Years Performance Report 2018/21”, launched by the government on Thursday. The government’s special emphasis on agriculture sector resulted in an increase in the production of all major crops, and the government introduced … Read more
There were at least two explosions near Kabul’s airport amid a huge evacuation effort from Afghanistan, the Pentagon said on Thursday, with civilians and US service members among the casualties, Reuters reported. Pentagon spokesman John Kirby said one blast occurred near the airport’s Abbey Gate and the other close to the nearby Baron Hotel. Two … Read more
ISLAMABAD: The Exim Bank would soon sign a new framework arrangement with Pakistan (2022/26) for enhancing the existing level of financing from $500 million to $1 billion. This was disclosed during a meeting of the high-level Korean delegation, led by Chong Hwa Lee, director general, Ministry of Economy and Finance, Republic of Korea and Minister … Read more
