Centre asks K-P to take over electricity firms
ISLAMABAD: The federal government has asked the government of Khyber-Pakhtunkhwa (K-P) to take over electricity supply in the jurisdictions of Peshawar Electricity Supply Company (Pesco) and Tribal Areas Electricity Supply Company (Tesco) if the province fails to provide support for action against the elements involved in power theft. In a letter sent to K-P chief […]
Stage set for by-elections
ISLAMABAD: The stage is set for by-elections scheduled on April 21 (Sunday), with vacant 6 and 16 seats up for grabs in the National Assembly and provincial assembly, respectively. According to the Election Commission of Pakistan (ECP), all necessary arrangements for the by-elections have been finalised. Polling will commence at 8 am and continue until […]
Pakistan sweetens terms to lure Saudi investment
ISLAMABAD: Pakistan has presented the enticing prospect of highly profitable returns to attract Saudi investment, with projected rates ranging from an appealing 14% to an astounding 50%. Additionally, Pakistan has assured priority in the repatriation of profits without any hindrances. According to government sources involved in these discussions, the indicated returns on Saudi investment are […]
Stocks surge on Saudi deal hopes
KARACHI: Pakistan Stock Exchange (PSX) on Friday snapped a three-day losing streak and notched up significant gains as the KSE-100 index reached a historic high above 70,900 with a surge of 620 points. In the morning, trading was shadowed by the escalating Middle East crisis following news reports saying that Israel had carried out a […]
Apple pulls WhatsApp, Threads from China app store after Beijing order
BEIJING: Apple, said on Friday it had removed Meta Platforms’, WhatsApp and Threads from its App Store in China after being ordered to do so by the Chinese government, which cited national security concerns. Telegram and Signal – two other foreign messaging apps – were also removed from the store on Friday, according to app […]
Stroll quickest in China GP practice after small track-side fire
SHANGHAI: Aston Martin’s Lance Stroll was quickest in first and only practice for the Chinese Grand Prix on Friday, ahead of McLaren’s Oscar Piastri, with championship leader Max Verstappen third. Canadian Stroll took advantage of a rapidly quickening track at the end of the 60-minute session and some upgrades to his car to record a […]
Israel’s Iran attack carefully calibrated after internal splits
DUBAI/ JERUSALEM: Israel’s apparent strike on Iran after days of vacillation was small and appeared calibrated to dial back risks of a major war, even if the sheer fact it happened at all shattered a taboo of direct attacks that Tehran broke days earlier. Prime Minister Benjamin Netanyahu’s war cabinet had initially approved plans for […]
‘Shoe heist’ shocks parliament
ISLAMABAD: The hallowed halls of parliament found itself embroiled in a bizarre incident on Friday as thieves slipped past security, leaving officials and journalists in a barefoot bind. Security personnel were left scratching their heads when shoes mysteriously vanished from the parliament premises, sparking a flurry of concern. Upon learning of the incident, National Assembly […]