News Archives for Latest - 2024-08-10

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Archive - 2024-08-10

Taxes

FBR exempts Olympic gold medalist Arshad Nadeem’s prize money from tax

The Federal Board of Revenue (FBR) on Saturday quashed rumors that it plans to tax Olympic gold medalist Arshad...

Updated 10 Aug, 2024 11:58pm

WHO's emergency committee to meet Aug 14 over Mpox

GENEVA: The World Health Organization's emergency committee will meet next Wednesday to decide whether to trigger ...

Published 10 Aug, 2024 11:23pm

Justice Shah to raise court verdicts implementation issue in judges committee

Senior puisne judge Justice Mansoor Ali Shah stated on Saturday that he was going to raise the issue of enforcing...

Published 10 Aug, 2024 10:58pm

Ahsan fears Rs200bn-400bn cut in PSDP outlay

Says hands are tied as IMF is not ready to give any relaxation in its conditions

Updated 10 Aug, 2024 10:50pm

Two key thermal plants: PD ‘reluctant’ to share sell-off timelines

Says Nandipur and Guddu Power Plants are on Active Privatisation List since long but with no substantial progress

Updated 10 Aug, 2024 10:50pm

Middle East

Israel strike on Gaza school kills more than 100, Palestinian news agency says

The Israeli attack targets the displaced people while performing Fajr (dawn) prayers

Updated 10 Aug, 2024 10:48pm

South Asia

Bangladesh chief justice, central bank chief quit amid protests, officials say

DHAKA: Bangladesh’s chief justice and central bank governor have resigned, officials said on Saturday, as student...

Published 10 Aug, 2024 10:17pm

China completes Olympic table tennis gold clean sweep

PARIS: China completed a clean sweep of the Olympic gold medals in table tennis Saturday by winning the women’s team...

Published 10 Aug, 2024 09:14pm

President Zardari to confer Hilal-i-Imtiaz on Olympic record holder Arshad Nadeem

Aiwan-e-Sadr sends a letter to the Cabinet Division in response to the President's directive

Published 10 Aug, 2024 07:58pm

From mud brick home to Olympic podium, Arshad Nadeem is unlikely Pakistani hero

LAHORE: Arshad Nadeem’s home village erupted into rapturous celebrations after he clinched Pakistan’s first Olympic...

Published 10 Aug, 2024 06:56pm

South Asia

India PM vows support after deadly landslide

MUMBAI: Indian Prime Minister Narendra Modi on Saturday visited the site of landslides that killed more than 200...

Published 10 Aug, 2024 06:37pm

Middle East

Gaza Health ministry says war death toll at 39,790

The health ministry in Hamas-run Gaza said Saturday that at least 39,790 people have been killed in the war between...

Published 10 Aug, 2024 05:33pm

Liu hoists China’s fourth weightlifting gold

PARIS: Liu Huanhua continued China’s powerful showing in weightlifting at the Paris Olympics as he won the men’s...

Published 10 Aug, 2024 05:30pm

Afghan refugee athlete disqualified for slogan on cape

PARIS: Afghan B-Girl Manizha Talash, a member of the refugee Olympic team at the Paris Games, was disqualified after...

Updated 10 Aug, 2024 04:54pm

Next phase of CPEC to focus on B2B arrangements: PM

KARACHI: Prime Minister Shehbaz Sharif Friday said China and Pakistan are great friends and their exemplary...

Updated 10 Aug, 2024 04:54pm

Nine iron, steel importers laundered money

KARACHI: Some nine iron and steel importers have been caught in a massive money laundering worth a staggering Rs 9.7...

Updated 10 Aug, 2024 04:23pm

CPPA-G ‘misguided’ Awais on FCA mechanism

ISLAMABAD: The Central Power Purchasing Agency-Guaranteed (CPPA-G) is said to have misguided the Power Minister,...

Updated 10 Aug, 2024 04:22pm

PM vows to extend support to exporters, manufacturers

KARACHI: Prime Minister Shehbaz Sharif on Friday said that the government was determined to extend utmost support to...

Updated 10 Aug, 2024 04:22pm

Issuance of short-term Sukuks: SECP working on alternate Shariah-compliant structure

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) is seriously working on an alternate...

Updated 10 Aug, 2024 04:20pm

All ministries and divisions: PM to take action against officials who fail to file ICAs, CPLAs

ISLAMABAD: Prime Minister Shehbaz Sharif has decided to take punitive action against those officials of the...

Updated 10 Aug, 2024 04:20pm

PM, CM discuss K-IV, KCR, solar projects

KARACHI: Prime Minister of Pakistan Shehbaz Sharif and Sindh Chief Minister Syed Murad Ali Shah, in their one-on-one...

Updated 10 Aug, 2024 04:20pm

Movies & Music

Iraqi teen held in Vienna after Taylor Swift attack plot foiled

BERLIN: An 18-year-old Iraqi national was detained in Vienna in connection with investigations into an alleged plot...

Published 10 Aug, 2024 01:55pm

South Asia

Bangladesh Bank governor Abdur Rouf Talukder has resigned

Bangladesh Bank governor Abdur Rouf Talukder has resigned, Bloomberg News reported on Saturday citing people...

Published 10 Aug, 2024 12:58pm

Middle East

Egypt says Israel lacks political will to end Gaza war

CAIRO: Egypt said on Saturday Israel’s “deliberate killing” of unarmed Palestinians shows that it lacks a political...

Published 10 Aug, 2024 12:46pm

Europe

Three people killed in Russian strikes in eastern Ukraine, Kyiv says

KYIV: Three people were killed in two Russian attacks on Ukraine’s eastern frontline Donetsk and Kharkiv regions,...

Published 10 Aug, 2024 12:42pm

South Asia

Twelve killed in twin Bangladesh jailbreaks

DHAKA: Twin jailbreaks in Bangladesh killed at least 12 inmates and freed hundreds more in the chaotic days after...

Updated 10 Aug, 2024 11:40am

Companies

Stellantis to cut up to 2,450 jobs at Michigan plant

NEW YORK: Auto giant Stellantis announced Friday it will cease production of its entry-level Ram 1500 Classic...

Published 10 Aug, 2024 10:30am

Europe

Ukraine volunteers evacuate residents near Russia’s embattled Kursk region

SUMY REGION: Ukrainian volunteers evacuated dozens of residents, and their pets, from northern Sumy region in...

Published 10 Aug, 2024 10:21am

Judiciary responsible for ‘prevailing crisis’: Bilawal

ISLAMABAD: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari has alleged that judiciary is responsible...

Updated 10 Aug, 2024 08:48am

Afghan refugees: Blome praises Pakistan’s decision to extend PoR cards

ISLAMABAD: The United States Ambassador to Pakistan, Donald Blome, on Friday, appreciated Pakistan’s recent decision...

Updated 10 Aug, 2024 08:47am

BR’s refresher: your morning briefing for the day

Important updates from August 9, 2024

Published 10 Aug, 2024 08:44am

Industrialists in Karachi praise Arshad Nadeem’s achievement

KARACHI: Industrialists in Karachi have expressed immense joy over Pakistani athlete Arshad Nadeem’s historic...

Updated 10 Aug, 2024 08:25am

Naqvi vows action against beggars travelling to KSA

ISLAMABAD: Interior Minister Mohsin Naqvi on Friday assured Saudi Ambassador Nawaf bin Said Ahmed Al-Malki for ...

Published 10 Aug, 2024 08:21am

SC expresses annoyance over removal of IWBM chairperson

ISLAMABAD: The Supreme Court expressed annoyance over the removal of Rana Saeed Khan as chairperson of Islamabad...

Updated 10 Aug, 2024 08:20am

Alkhidmat’s Tafheem ul Quran Madaris starts half-yearly exams

KARACHI: Alkhidmat Karachi’s Tafheem ul Quran Madaris has announced the start of its half-yearly exams for...

Updated 10 Aug, 2024 08:20am

Commodities

Gold prices surge

KARACHI: The local gold prices on Friday saw a good recovery with the global bullion value going past $2400 an ...

Updated 10 Aug, 2024 08:18am

Development agenda: Dar underscores importance for reorienting diplomatic initiatives

ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar on Friday underscored the importance of re-orienting...

Published 10 Aug, 2024 08:17am

Constitution abrogated by passing Election Amendment Act: Barrister Saif

PESHAWAR: Khyber Pakhtunkhwa Information Advisor Barrister Saif said on Friday that the government had abrogated the...

Updated 10 Aug, 2024 08:16am

Stocks

China stocks fall despite stronger-than-expected inflation data

SHANGHAI: China stocks closed lower on Friday, even after data showed the country’s consumer prices increased at a...

Published 10 Aug, 2024 08:15am

Companies

VEON Group: Jazz, JazzCash, Mobilink Microfinance Bank, digital services post 27.7c revenue growth

ISLAMABAD: Jazz, JazzCash, Mobilink Microfinance Bank, and digital services of VEON Group in Pakistan reported...

Published 10 Aug, 2024 08:14am

KE’s anti-theft drive continues

KARACHI: K-Electric (KE) continues its crackdown on electricity theft and defaulters with the support of law...

Published 10 Aug, 2024 08:11am

Companies

PQAMC announces dividend for PQMIP

KARACHI: Pak-Qatar Asset Management Company Limited (PQAMC) is a leading dedicated Islamic Asset Management Company...

Published 10 Aug, 2024 08:10am

Companies

Telenor Velocity, GSMA form alliance to empower startups

ISLAMABAD: Telenor Velocity, Telenor Pakistan’s premier startup accelerator, has formed a strategic alliance with...

Updated 10 Aug, 2024 08:09am

Stocks

Nikkei ends higher as US jobs data calms recession fears

TOKYO: Japan’s Nikkei rose on Friday, as a bigger-than-expected drop in US unemployment claims assuaged fears of a...

Updated 10 Aug, 2024 08:08am

Money & Banking

Asian currencies: S Korean won jumps up to 1pc

BENGALURU: Equities in Asian emerging markets advanced on Friday, eyeing a positive end to an otherwise rough week ...

Updated 10 Aug, 2024 08:05am

Money & Banking

Dollar dips

NEW YORK: The dollar was off a one-week high against other major currencies on Friday, capping off a turbulent few...

Published 10 Aug, 2024 08:05am

Stocks

European shares jump, weather turbulence to eke out weekly gain

FRANKFURT: Europe’s main index rose on Friday, with a continued boost from healthcare stocks, logging gains for a...

Updated 10 Aug, 2024 08:04am

Stocks

Wall St wavers as volatile week draws to a close

NEW YORK: Wall Street’s main indexes swung between gains and losses on the last day of a tumultuous week that...

Updated 10 Aug, 2024 08:03am

Europe

Court jails UK man for inciting ‘racial hatred’

LONDON: A judge in Leeds, northern England, on Friday jailed a 28-year-old man for 20 months after he admitted...

Published 10 Aug, 2024 08:02am

Tractor industry on brink of shutdown: PAAPAM

LAHORE: The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has announced that the...

Updated 10 Aug, 2024 07:38am

July remittances grow 48pc to $3bn YoY

KARACHI: Workers’ remittances recorded an impressive growth of 48 percent in the first month of this fiscal year...

Updated 10 Aug, 2024 07:35am

Towards transformation: embracing Gen AI for Pakistan’s future prosperity

It is deeply concerning that Pakistan remains trapped in a persistent cycle of political, economic, social, and...

Updated 10 Aug, 2024 07:26am

Climate change challenge

Everyone seems to be complaining these days, whether you are in a wedding party or any other gathering for that...

Updated 10 Aug, 2024 07:19am

FDI and its drivers: a perspective

Foreign Direct Investment (FDI) is all about country perception and country perception is all about political and...

Updated 10 Aug, 2024 07:16am

Delegation of private universities of Niger visits SABS Jamshoro

HYDERABAD: A delegation of private universities of Niger visited Shaheed Allah Buksh Soomro (SABS) University of ...