Textile millers advocate export-centric policies
ISLAMABAD: As the country heads towards negotiating another International Monetary Fund (IMF) loan programme, textile millers have called on the government to formulate export-oriented policies by reducing energy tariffs and tax rates to make the industry competitive in the global market. In a letter to Finance Minister Muhammad Aurangzeb, the All Pakistan Textile Mills Association […]
Real Madrid exact revenge on Man City
Real Madrid exacted revenge on Manchester City to reach the Champions League semi-finals 4-3 on penalties after withstanding a barrage at the Etihad on Wednesday. Rodrygo gave the visitors an early lead before Kevin De Bruyne hit back for the holders to leave the match level at 1-1 on the night and 4-4 on aggregate. […]
Gilgit gets its first-ever sewerage system project
GILGIT: In what marks a historic moment, the scenic mountainous town of Gilgit is gearing up for its first-ever sewerage and sanitation project. This initiative signals a pivotal shift towards environmental conservation and improved public health. Nearly half a million people in the town will benefit from the project which will be completed by the […]
Lahore flights delayed as Dubai Airport flooded
LAHORE: Bad weather and heavy rains wreaked havoc on several flights bound for Lahore on Wednesday, as a deluge inundated Dubai International Airport, causing widespread disruption at the world’s busiest airfield for international travel. Flights from and to Lahore were significantly delayed, with Emirates Airlines’ flight EK-625 experiencing a six-hour delay, while Air Blue’s Lahore-Dubai […]
Another power jolt in offing
ISLAMABAD: A nation already reeling from sky-rocketing inflation, ever-rising fuel costs, economic instability and employment insecurity prepares for another jolt as the power companies seek Rs2.9402 per unit on account of fuel adjustment for the month of March 2024. The Central Power Purchasing Agency (CPPA), on the request of power distribution companies (Discos), has submitted […]
Over 17 political trends on ‘X’ flagged ‘sensitive’
LAHORE: More than 17 political trends on the microblogging platform X (formerly known as Twitter) have been flagged as sensitive, authorities revealed on Wednesday. According to officials from the Counter-Terrorism Department (CTD), a report has been compiled following three months of meticulous monitoring of social media activities, particularly focusing on trends that could potentially incite […]
‘Taxation reforms’ key to sustainable economy
ISLAMABAD: Finance Minister Muhammad Aurangzeb on Wednesday said the government is committed to economic reform in an effort to ensure sustainable economic development in the country. The minister spoke at the JP Morgan Seminar on Pakistan’s Economic Policy Outlook. Read more: Waterways revolution: a green, blue future economy He outlined three important reform areas of taxation, […]
Army orders probe against ex-spymaster Faiz Hameed
ISLAMABAD: The Pakistan Army on Wednesday constituted a high-level inquiry committee headed by a Major General to look into the allegations against Lt-Gen (retd) Faiz Hameed that he as Inter-Services Intelligence (ISI) director general misused his authority. The inquiry has been ordered in pursuant to the orders of the Supreme Court and in the light […]