Power sector faces Rs560b in losses
ISLAMABAD: Federal Minister for Energy Sardar Awais Leghari said on Thursday that the country would face Rs560 billion in losses in the power sector by the end of June this year. He mentioned that Rs200 billion are billed in the power sector but remain unrecovered from consumers, while another Rs300 billion are lost due to […]
IMF clubs Pakistan with war-torn countries
ISLAMABAD: The International Monetary Fund (IMF) has clubbed Pakistan among six nations facing serious conflicts this year and said that conflicts and tight macroeconomic policy conditions would have a toll on their economic outputs. Separately, Finance Minister Muhammad Aurangzeb met with IMF Managing Director Kristalina Georgieva in Washington on Wednesday. The minister showed Pakistan’s interest […]
Wildlife dept recovers several wild animals from mela
KARACHI: The Sindh Wildlife Department (SWD) has recovered several wild animals that were being unlawfully used for entertainment purpose at the Eid Mela (fair) near Kala Pul on Korangi Road. A team of game wardens, led by Inspector Ijaz Nodani, confiscated two monkeys, a honey badger, an eagle, and a fox that were put on […]
PIA eyes profit with EU flights resumption
LAHORE: In a pivotal session of the Pakistan International Airlines (PIA) holding company’s board of directors, participants were briefed on the potential lifting of the ban on PIA flights to Europe next month, foreseeing substantial profits for the airline and aiding its privatisation. During the Thursday meeting, fresh insights into the reorganisation of PIA were […]
Northrop Grumman working with SpaceX on US spy satellite system
WASHINGTON: Aerospace and defence company Northrop Grumman is working with SpaceX, the space venture of billionaire entrepreneur Elon Musk, on a classified spy satellite project already capturing high-resolution imagery of the Earth, according to people familiar with the program. The program, details of which were first reported by Reuters last month, is meant to enhance […]
Inquiry reveals police negligence in rail tragedy
LAHORE: A preliminary report on a recent train tragedy underscores the criminal negligence exhibited by the relevant Railway Police officials. However, it also found no evidence implicating the accused policeman, Constable Mir Hassan, in the death of a female passenger. Maryam Bibi, a beautician, embarked on a journey from Karachi to spend Eid holiday with […]
Shehbaz warns against red tape in Saudi investment
ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday said that he would personally monitor the Saudi investment projects and warned against any laxity due to red tape or outdated procedures. The prime minister, chairing a meeting to review the matters related to the recent high-powered Saudi delegation and Saudi investment in different sectors, thanked Saudi Crown […]
Leaked NYT memo reveals media bias in coverage of Gaza war
Influential American newspaper, The New York Times, had instructed journalists to refrain from using words such as “genocide”, “Palestine”, “massacre”, “occupied territories”, and “refugees” in their articles on Israel’s invasion of Gaza, The Intercept reported, citing a leaked internal memo. The Intercept, an American investigative news organisation, has brought to light a leak, revealing secret […]