MQM-P accuses Bilawal of ‘threatening’ Karachi traders – Pakistan
KARACHI: The Muttahida Qaumi Movement-Pakistan (MQM-P) on Thursday accused Pakistan Peoples Party (PPP) chairman Bilawal Bhutto-Zardari of threatening Karachi traders. Demanding the “authorities” to take notice of the threat, it insisted that the Muttahida had “only endured the biased Sindh government for the sake of democracy in the country”. Addressing a press conference, the top […]
Karachi airport being upgraded
KARACHI: In a bid to enhance airside infrastructure and accommodate larger aircraft at Jinnah International Airport, work to upgrade the airport is in full swing. The reconstruction of the main runway (07L/25R) will enable the Karachi airport to seamlessly accommodate wide-body aircraft up to category 4F, including Airbus A380. The classification of the airports is […]
Fazl criticises Zardari for signing PECA bill
ISLAMABAD: Reacting on President’s assent to Peca Act, Jamiat Ulema-e-Islam Fazl chief Maulana Fazlur Rehman said it is not right to be double-faced. Talking to journalists in Dena, the JUI-F chief said he had discussed Peca Act with the president who assured him that the recommendations on the act would be accepted. However, later on, […]
Govt ratifies ME Green Initiative charter
ISLAMABAD: The federal cabinet on Thursday ratified the charter of the Middle East Green Initiative that would enable restoration of 200 million hectares of land and plantation of 50 billion trees. The meeting was chaired by Prime Minister Shehbaz Sharif, a PM Office news release said. During the meeting, the officials of the Ministry of […]
PSX stages strong comeback, gains 1,719 points
Listen to article KARACHI: Pakistan Stock Exchange (PSX) on Thursday staged a strong recovery, where the KSE-100 index surged over 1,700 points and closed above 113,200. The rebound followed three consecutive negative sessions as optimism grew over corporate earnings, the International Monetary Fund’s (IMF) proposal to reduce gas-sector circular debt and commitments made by a US investor […]
Gold double jumps to all-time high
Listen to article KARACHI: Gold prices in Pakistan soared to an all-time high on Thursday, mirroring the upward trend in international markets. The price of gold per tola surged by Rs3,100, settling at Rs291,800the highest level in history, according to data from the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). The price rally was marked by a […]
Govt stuck in property tax debate
Listen to article ISLAMABAD: Finance Minister Muhammad Aurangzeb said on Thursday that the International Monetary Fund’s (IMF) review mission might arrive by the end of February, as the government grapples with the issue of allowing property purchases of up to Rs10 million without first explaining the source of income. In a brief interaction with the media at […]
New US admin has nothing but respect for Pakistan, says Trump associate – Pakistan
• Beach plays down Richard Grenell’s pro-PTI remarks, says he may have been ‘misled’• Govt offers support as US investors eye Pakistan for investments in several areas ISLAMABAD: An associate of US President Donald Trump, who is currently leading a delegation of investors to Pakistan to explore business opportunities, said on Wednesday the US administration […]
Aram Bagh Club, Bahria Supers in final
Bahria Supers and Aram Bagh Club teams stormed into the final of the 8th Commissioner Karachi Cup Boys’ Basketball Tournament at the *International Abdul Nasser Basketball Court on Wednesday night In the first semi-final, the young and emerging players of Bahria Super, despite trailing by eight points, staged a thrilling comeback to beat Soul Tigers […]
Imran urges CJP Afridi to bring an end to ‘state terror and brutality’ – Pakistan
Incarcerated PTI founder and former prime minister Imran Khan has penned a letter to Chief Justice of Pakistan Yahya Afridi, extolling the top judge to bring about an end to the “terror and brutality by the state and the suppression of democracy”, it emerged on Thursday. Titled “Meltdown of the constitutional order in Pakistan”, the […]