Police kill bomber, militant to thwart attack on Japanese nationals in Karachi
KARACHI: Police in Karachi shot down a suicide bomber and a militant on Friday as they attacked a vehicle carrying five Japanese nationals, all of whom remained unhurt, a police spokesperson said. The attacked occurred in the Mansehra Colony area of the port city. The Japanese survivors have been moved to a safe place in […]
Ministry seeks refund of unused budget
ISLAMABAD: The federal government has made significant progress in budgeting for the upcoming fiscal year 2024-25. The Ministry of Finance has issued directives to all ministries and divisions to return unutilized funds for the fiscal year 2023-24 to the Finance Ministry’s budget wing by May 15. In this regard, an official circular has been issued. […]
Ride-hailing firms eye exclusive SOPs
KARACHI: Operating as Online Marketplaces (OMPs), transportation service providers with technology companies, have demanded that the government ensure proper regulations for the emerging ride-hailing industry. They advocate for standard practices, reasonable taxation, and fair competition, alongside revamping broken road infrastructure. These measures would benefit both customers or users and service providers. The ride-hailing services industry […]
FIA needs to ‘man up’ at Karachi airport, PM told
KARACHI: Civil Aviation Authority (CAA) Director General Flt Lt (retd) Khaqan Murtaza on Thursday said he had informed Prime Minister Shehbaz Sharif that if the Federal Investigation Agency (FIA) overcame its shortage of manpower at the Karachi airport, the problem of long immigration queues there would not arise. “Over 20 [immigration] counters have been provided […]
Explosions in Iran, US media reports Israeli strikes
Iran’s state media reported explosions in the central province of Isfahan Friday, as US media quoted officials saying Israel had carried out retaliatory strikes on its arch-rival. Air defence systems over several Iranian cities were activated, state media reported, after the country’s official broadcaster said explosions were heard near the city of Isfahan. Israel had […]
Ex-PML-N minister berates incumbent one
LAHORE: Federal Information Minister Attaullah Tarar is a child and his statement is not worthy of a response, his fellow PML-N leader and former portfolio-less federal minister Javed Latif on Thursday said in the wake of the former’s remarks during a news conference that he did not take the allegations levelled by the latter of […]
Aurangzeb banks on strong economic indicators for stable rupee
ISLAMABAD: Finance Minister Muhammad Aurangzeb held wide-ranging talks with key officials of the International Monetary Fund (IMF) and the World Bank as well as senior US administration officials in Washington and discussed with them the government’s ongoing economic reforms and other matters. According to a finance ministry spokesperson, Aurangzeb, who is in Washington on […]
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 […]