Tue, 21-Oct-2025

MQM approaches SHC for implementation of SC judgment on LG Act

KARACHI: The Muttahida Quami Movement-Pakistan (MQM-P) said on Tuesday it has filed a constitutional petition in the Sindh High Court (SHC) for enforcement of the Supreme Court judgment given on its petition challenging the Sindh Local Government Act (SLGA), 2013. The MQM provincial lawmaker Kanwar Jameel told reporters at the high court that they had … Read more

Chinese premier stresses intensified implementation of tax, fee cuts

Chinese

BEIJING: Chinese Premier Li Keqiang on Wednesday stressed intensifying tax and fee cuts to provide relief to businesses and revitalise the market. Keqiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks at a symposium on the implementation of tax and … Read more

Saudi Arabia takes longer view of oil price in budget calculation: minister

Saudi Arabia

RIYADH: Saudi Arabia’s Finance Ministry said it looks at long-term and historical periods to ensure oil price outlook is more accurate, Arab News quoted Finance Minister Mohammed Al-Jadaan, as saying. Speaking at a budget forum in Riyadh, the finance minister said revenues are calculated based on structural income factors. He said the Saudi budget surplus … Read more

China’s central bank cuts relending rates for agriculture, small firms

China’s central bank

BEIJING: China’s central bank on Tuesday announced that it has decided to lower relending rates for the agriculture sector and small enterprises by 0.25 percentage points starting from December 7. After the reduction, the interest rates of three-month reloans supporting the development of agriculture and small firms stood at 1.7 per cent, six-month at 1.9 … Read more

Businessmen want implementation of barter trade with Iran

Iran

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry’s (FPCCI) Businessmen Panel has called for early implementation of barter trade mechanism signed between Pakistan and Iran during the 9th Joint Trade Committee meeting held in Tehran to jack up the bilateral trade to $5 billion annually, a statement said on Saturday. Businessmen Panel chairman … Read more

IHC seeks reply from Law Ministry on Child Punishment Bill

IHC winds up

Islamabad High Court IHC seeks reply on Thursday from ministry of Law over the implementation of bill related to torture on school children. Islamabad High Court IHC  seeks reply from the law ministry till March 12. Chief Justice of IHC Athar Minallah conducted hearing on a plea submitted by Pakistani famous singer and social activist … Read more