Advisor to Prime Minister on Finance Abdul Hafeez Shaikh said on Monday that the country had not performed well historically in attracting foreign direct investment (FDI), export growth and infrastructure development; however, platform has now been create
The draft Federal Revenue Authority Act 2020 has proposed to reconstitute Federal Board of Revenue (FBR) into Federal Revenue Authority (FRA) to make it a service-oriented organization, with job protection to existing employees, and greater autonomy and p
The Election Commission of Pakistan (ECP) is scheduled to hear today (Tuesday) an all important five-year old foreign funding case after a gap of 20 months, which involves the ruling party Pakistan Tehreek-e-Insaf (PTI).
Louis Vuitton owner LVMH has agreed to buy Tiffany for $16.2 billion in its biggest acquisition yet, as the French luxury goods maker bets it can restore the US jeweller's lustre by investing in stores and new collections.
The US ambassador to Pakistan Monday said the remarks on CPEC by US Assistant Secretary of State for South Asia were meant to generate debate however it was Pakistan's sovereign right to decide its future.
The National Accountability Bureau (NAB) Monday filed a supplementary reference against former president Asif Ali Zardari, his sister Faryal Talpur and other accused in connection with the mega money laundering case.
National Accountability Bureau (NAB) Director General Lahore Shahzad Saleem has ordered to seize all industrial properties belonging to the family members of the Leader of Opposition in National Assembly Shahbaz Sharif in "assets beyond means case".
Prime Minister Imran Khan Monday launched 'Clean and Green Pakistan' initiative across the country and pledged yearly increase in budgetary allocation for this purpose, saying that the people have started gradually paying taxes and the government's revenu
European police agencies have knocked out several internet servers used by Islamic State in a significant blow to the armed group's ability to spread propaganda online, the Europol police agency said on Monday. The move shut down a large number of account
The Interior Ministry on Monday approached the Islamabad High Court (IHC) against the reserving of judgment by Special Court against former army chief General Pervez Musharraf (retd) in the high treason case.
Amid reports of expressing no-confidence in Chief Election Commissioner (CEC), Pakistan Tehreek-e-Insaf (PTI) leader Babar Awan on Monday called on Prime Minister Imran Khan and discussed foreign funding case against the party.
The Federal Board of Revenue (FBR) has extended date of submission of sales tax and Federal Excise return up to November 29, 2019 for the tax period of October, 2019.
The Inter-Services Public Relations (ISPR) has announced major appointments and postings on Monday, according to which Lieutenant General Sahir Shamshad Mirza has been appointed Chief of General Staff.
Chairman Federal Board of Revenue (FBR) Shabbar Zaidi Monday said that recommendation for allowing duty free import of mobile phones under Baggage Rules would be tabled before the federal cabinet.
Commander Qatar Emiri Guard, Staff Maj General Hazzaa Bin Khalil Bin Mansour Al-Shahwani on Monday called on Chief of Army Staff (COAS) General Qamar Javed Bajwa at GHQ.
A three-judge bench, headed by Chief Justice Asif Saeed Khan Khosa, will take up a petition against the extension in the tenure of Army Chief General Qamar Javed Bajwa today (Tuesday).
Central Power Purchasing Agency ("CPPA-G") and three subsidiaries of Zonergy Company Limited ("Zonergy") approached the London Court of International Arbitration ("LCIA") earlier this year to agitate their disputes under three identical Energy Purchase Ag
That the former 'middle kingdom' has become increasingly assertive in global affairs is a fact that has found its best expression from President Xi Jinping's remarks that his country wants to reach an initial trade deal with the United States but is "not
Federal Cabinet has approved National Tariff Policy 2019-24 to be implemented in a period of five years starting from the Budget 2020-21. Easy passing a policy but harder to put it in action. It is a major development to reduce the anti-export bias in our
US Assistant Secretary of State for South Asia Alice Wells virtually put the cat amongst the pigeons in a speech at the Wilson Center in Washington on November 22, 2019 in which she cautioned and warned Pakistan about the pitfalls of the China Pakistan Ec
The government has recently been making frequent positive statements about on-going developments in the economy. Rightfully, success in the process of stabilization has been highlighted. The current account in the balance of payments was transformed into
Relations between Pakistan and the US seem to have taken a turn for the better since the Pakistan Tehreek-i-Insaaf government of Prime Minister (PM) Imran Khan came to power last year. The latest positive development in these relations is the prisoner exc
The revenue shortfall for the first four months of 2020 has been acknowledged at 164 billion rupees with total collection of 1.28 trillion rupees against the target of 1.44 trillion rupees. If this trend continues, a shortfall of 26 percent against the 5.
The Petroleum Division has tasked Oil and Gas Development Company Limited (OGDCL), a premier oil and gas exploration and production company, to undertake the first shale pilot project next month. The USAID study conducted in 2015 stated that Pakistan hold
National Assembly Standing Committee on Railways Monday recommended to the federal government to launch effective fire fighting system at all the bogies of the trains in Pakistan to avoid the incidents like Tezgam Express fire incident and employ at least
The Islamabad High Court (IHC) on Monday withdrew contempt of court notices against Federal Minister for Aviation Ghulam Sarwar Khan and Special Assistant to the Prime Minister on Information and Broadcasting Firdous Ashiq Awan after accepting their apolo
Prime Minister Imran Khan Monday said that significant growth in the home remittances was witnessed during the fiscal year 2019, which was expected to grow further in the coming years. The prime minister was talking to a delegation of MoneyGram, headed by
Queen Máxima of the Netherlands, the United Nations Secretary-General's Special Advocate for Inclusive Finance for Development (UNSGSA), met with Foreign Minister Shah Mahmood Qureshi at the Ministry of Foreign Affairs on Monday to discuss progress of fin
The Supreme Court has directed the federal government to submit details of collection and utilization of Gas Infrastructure Development Cess under the GIDC Act 2011 and the GIDC Act 2015.
Chairman Pakistan Peoples Party Bilawal Bhutto Zardari and senior leadership of Pakistan Muslim League-Nawaz (PML-N) and other opposition parties will attend the all-parties conference (APC) called by Emir Jamiat Ulema-e-Islam-Fazl (JUI-F) Maulana Fazlur
Telenor Pakistan has strongly condemned the desecration of Holy Quran and expresses deepest concern over the unfortunate incident that took place in Norway. The company remains committed to the country and is proud to serve millions of Pakistanis.
As the ailing former prime minister Nawaz Sharif dashed off to the UK for treatment, Islamabad High Court (IHC) on Monday granted one-day exemption to him from personal appearance in his appeal against Al-Azizia reference verdict.
There is an urgent need to restore broken link with Persian language to understand Maulana Rumi, Shaikh Saadi and most importantly Allama Iqbal, whose most important poetry is in Persian language, speakers said on Monday, deploring that nowadays, Pakistan
Sindh Chief Minister Syed Murad Ali Shah, in order to control penetration of narcotics into cities and into the educational institutions in particular, has constituted a high-power Taskforce under his command; the taskforce would be called as `Chief Minis
Agricultural Counsellor of United States Department of Agriculture (USDA) Rey Santella has said good opportunities for US investors exist in Pakistan where they can surely explore trade and investment opportunities in numerous sectors including the agricu
Sindh High Court (SHC) on Monday reserved the judgment on the bail pleas of Agha Siraj Durrani, Speaker Sindh Assembly and others in "assets beyond means" case. The SHC bench headed by Justice Omar Sial reserved the decision after Siraj Durrani, his broth
In an effort to promote Digital Financial Services (DFS) in Pakistan, National Institutional Facilitation Technologies (NIFT), an existing Payment System Operator/Provider (PSO/PSP) offering nation-wide cheque clearing services, has signed an agreement wi
Aimed at reducing the climate change impact by converting Karachi's municipal solid waste into indigenous and renewable resource of energy, K-Electric and Engro Energy signed a memorandum of understanding (MoU) to develop a 50MW Solid Waste to Energy Plan
Divisional Commissioner Hyderabad Mohammed Abbas Baloch along with DIG Hyderabad Naeem Ahmed Shaikh visited free Eye Camp established by Lions club Hyderabad at Police Line Hyderabad today.
Two Rangers personnel were martyred when their vehicle turned turtle at the National Highway in Pano Aqil on Monday. According to the Rangers spokesman, the accident occurred with the vehicle, when it was on its way to Sukkur from Pano Aqil.
Pakistan's seafood export surged by 18.11 percent to $129.655 million in July-Oct 2019, according to official figures. Increase in seafood export now stands at $19.879 million in July-Oct 2019 from $109.776 million in July-Oct 2018, Pakistan Bureau of Sta
Sindh High Court (SHC) on Monday issued notices to Federal and Sindh Governments to explain about the decisions of Council of Common Interests (CCI) viz-a-viz provision of gas to the localities, falling in the radius of five kilometers of gas fields in th
Chairman Joint Chiefs of Staff Committee General Zubair Mehmood Hayat on Monday paid a farewell call on Prime Minister Imran Khan. The Prime Minister appreciated his long meritorious service for the country. The Prime Minister wished the outgoing CJCSC we
KP Chief Minister Mahmood Khan Monday said the provincial government is providing conducive business environment to local and foreign investors in multiple sectors including renewable energy, information technology, hydel projects, mines and minerals, tou
The Securities and Exchange Commission of Pakistan (SECP), to safeguard interests of common public has initiated winding up proceedings against 6 companies, allegedly involved in illegal and unauthorized business activities.
Parliamentary Secretary for Railways, Mian Farrukh Habib Monday demanded the Election Commission of Pakistan (ECP) to scrutinize the accounts of all registered political parties on the same terms of reference (ToRs) being followed in the Pakistan Tehreek-
President National Party Senator Hasil Khan Bizenjo Monday demanded a safe recovery of Idrees Khattak, the party's provincial general secretary of Khyber Pakhtunkhwa who went 'disappeared' on November 13, 2019 from Swabi Interchange.
Inge Iqbal, Director German Academic Exchange Service (DAAD) Monday explained Pakistani young students about vast opportunities available to them for studying free of cost in Germany.
The government has involved security agencies to conduct comprehensive cyber security audit and vulnerability assessment of a foreign made system (Sandvine Inc) hired for Web Monitoring System (WMS), it is learnt.
Chief of the Naval Staff Admiral Zafar Mahmood Abbasi, who was on an official visit to Kingdom of Saudi Arabia, attended 1st Saudi the International Maritime Forum-2019 (SIM Forum-2019) held in Riyadh.
Second phase of China-Pakistan Free Trade Agreement (CPFTA) will come into force later this week that is to eliminate tariffs on 313 most priority tariff lines of Pakistan's export. The agreement is in line with the treatment China has given earlier to AS
TCL Communication on Monday launched its latest series of mobile and tablet devices in Pakistan, including the flagship Alcatel 3X smartphone and Alcatel Tablet series 3T and 1T.
Pakistan is anxiously seeking joint ventures in energy sector between Pakistani and Chinese private sectors which would not only help much-needed transfer of technology but would also help bring down cost of production in Pakistan.
Labeling the opposition's all parties' conference (APC) as dejected politicians conference (DPC), the Punjab chief minister Sardar Usman Buzdar Monday said that discarded elements will not gain anything out of it, as the opposition has no public welfare a
The 6th Faisalabad Literary Festival held at Nusrat Fateh Ali Khan Auditorium Art Council has been concluded, which was an amalgamation of artists under one roof. People from all walks of life attended the event that included the participation of famous p
Governor Punjab Chaudhry Mohammad Sarwar has ruled out any sort of political change in Punjab and said that Prime Minister Imran Khan has already made it clear that administrative change will be made wherever needed in Punjab.
Baidarie Sialkot is maintaining satisfactory pace to raise awareness, mobilize communities and enroll beneficiaries for distribution of "Sehat Insaf Cards" in Sialkot. After the process launched on Oct 1, 2019 with the support provided by the district adm
The Environment Protection Department (EPD) Punjab will launch a campaign on social media for spreading awareness about the damage caused to environment by burning of solid waste, which is a part of the smog action plan.
The Punjab Assembly on Monday unanimously passed a resolution against the desecration of Holy Quran by Norway's extreme right wing group 'Stop the Islamisation of Norway (SION)' in the Norwegian city of Kristiansand.
Two people have been arrested after a video of a teacher being beaten up by a group of students went viral on social media. One suspect, Hamza, has obtained bail. The other two were arrested on Monday by the Cantt police and have been identified as Hassan
Former caretaker finance minister Dr Shamshad Akhtar has said that infrastructure development is fundamental requirement for social development and economic growth.
Prime Minister Imran Khan Monday said the China Pakistan Economic Corridor (CPEC) was a flagship project of President Xi Jinping's Belt and Road Initiative (BRI), which would not only help reinforce economic development of Pakistan but also contribute to
The Lahore High Court on Monday questioned maintainability of a petition on territorial jurisdiction filed against verdict reserved by a special court in high treason case against former president Gen Pervez Musharraf (Retd).
With an estimated cumulative cost of around one billion US dollars, 12 wind power projects of total 610 megawatts electricity are being set up at the Wind Corridor of Sindh.
The Accountability Court hearing the multibillion rupees fake bank accounts case on Monday granted 10 days physical remand of Chairman Overseas Cooperative Society (OCS) Ijaz Haroon to National Accountability Bureau (NAB).
Pakistan Businessmen and Intellectuals Forum (PBIF) President Mian Zahid Hussain has emphasised the need for putting in place a strict monitoring system for important crops to keep their prices stable, ensure availability and look after the interests of g
Sindh Minister for Information, Archives and Labour Saeed Ghani has said that if Pakistan Peoples Party had to sign a deal with anyone, then its leaders would not have suffered so much.
Pakistan Peoples Party (PPP) leader Qamar Zaman Kaira has said that Prime Minister Imran Khan and his team have been completely exposed in every sector before the nation due to their incompetency and corrupt policies.
Chief Justice Asif Saeed Khan Khosa has said that there is a question of thousands of people's liberty and survival of the state that is fighting the terrorists, but for that the federal government has to show whether the actions (In Aid of Civil Power) R
Sir Martin Sorrell will be a key note speaker at AdAsia 2019. AdAsia, the 31st Asian Advertising Congress is being held at Lahore from December 2-5, 2019.
"If I have a legal problem then I listen to my lawyer, if there is a medical problem I listen to the doctor, and if my tooth is hurting I go to the dentist..."
International Islamic University Islamabad (IIUI)'s Academic Staff Association (ASA) Monday staged a sit-in at the university's entry gate adjacent to Kashmir Highway for reinstatement of faculty members.
Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari has said that it is a historic opportunity for the courts and the whole nation is eyeing towards them for justice in the high treason case against a former army chief.
Secretary Water Resources Muhammad Ashraf said on Monday that National Accountability Bureau (NAB) is arresting officials on the issue of lapses in processes.
Senate Standing Committee on Planning, Development and Reform was informed that main hitch in progress of Rs 62 billion Mega Drainage Project in Sindh was re-mobilization of Frontier Works Organization (FWO) as it had stopped work on the project due to sc
Hushed whispers of previous years are talked about more openly today and have even warranted marches in the urban cities of Pakistan. Agree with it or not, but the 'cultural norms' are evolving, naturally more in the urban areas than rural, but the latter
Leaked government documents outlining the need to prevent escape, double lock doors and constantly monitor detainees in China's network of internment camps in Xinjiang refute Beijing's defence of "vocational education centres" in the region, experts say.
The United States, a key supporter of South Sudan, said it was calling back its ambassador for consultations as it shows frustration with dueling leaders' failure to form a government.
Turkey began testing on Monday its Russian missile defence system, local media reported, despite repeated calls from the United States that it could lead to sanctions. Planes, including F-16 fighter jets, circled the Murted military base in Ankara provinc
Turkish President Recep Tayyip Erdogan Monday said he hoped a dispute between a Saudi-led bloc and Qatar would "swiftly" come to an end amid emerging signs of a possible breakthrough in the Gulf crisis.
Greenhouse gases levels in the atmosphere, the main driver of climate change, hit a record high last year, the UN said Monday, calling for action to safeguard "the future welfare of mankind".
EU members gave the go-ahead Monday for the formation of a 27-strong European Commission without a representative from Britain, which plans to leave the bloc. Meeting in Brussels, ministers from the remaining 27 capitals endorsed commission president-elec
At least 143 demonstrators were killed across Iran since leaders ordered security forces to stamp out protests that followed fuel price rises on November 15, Amnesty International said Monday. "According to credible reports those killed include at least 1
Supporters of Iran's government poured into central Tehran on Monday for a massive rally to condemn days of "rioting" that the Islamic republic blames on its foreign foes. Waving the Iranian flag and banners that read "Death to America", they descended on
The US defense secretary Monday defended the decision to sack his navy secretary, saying he went behind his back to make a deal with the White House over a convicted Navy SEAL's future. Mark Esper told reporters Richard Spencer, the Navy's top civilian, a
Tanzania's ruling party won more than 99 percent of seats in local elections that the opposition boycotted for alleged violence and intimidation, according to official figures released on Monday.
Hundreds of Sudanese women Monday marched in Khartoum to mark International Day for Eliminating Violence against Women, in the first such rally held in the northeast African country in decades.
An Arab Israeli has been sentenced to life in prison for the "nationalistically motivated" murder of an Israeli settler in the occupied West Bank last year, a court said.
The head of the world's chemical weapons watchdog on Monday defended a report into an alleged chlorine attack in Syria, despite a whistleblower's allegations of a cover-up.
The Russian rouble firmed slightly on Monday, buoyed by month-end tax payments that usually prompt export-focused companies to convert their foreign currency revenues to meet local duties.
The dollar and export-focused currencies edged higher on Monday on broadly upbeat headlines about US-China trade talks, while the pound climbed on hopes of an imminent Brexit and an end to years of political paralysis.