PM seeks WB’s help for priority reforms

ISLAMABAD: Prime Minister Shehbaz Sharif has sought the World Bank board’s support for engaging highly qualified foreign consultants to implement his anti-corruption and privatisation agenda, as the directors enquired about Pakistan’s economic reforms plan. The prime minister met with a nine-member delegation of World Bank’s executive directors here on Monday. The delegation is currently visiting […]

Top judges axed from key SC committees

ISLAMABAD: The conflict among senior Supreme Court judges has intensified as four justices who opposed the elevation of high court judges to the apex court have been removed from key administrative committees under Chief Justice of Pakistan (CJP) Yahya Afridi’s restructuring plan. CJP Afridi has reconstituted several committees, replacing senior justices with junior ones. Those […]

Trust politicians and let them talk, says Fazl

ISLAMABAD: Jamiat Ulema-e-Islam chief Maulana Fazlur Rehman has proposed a plan to bring the country out of its current predicament – hand over the country to the politicians and let them talk to each other, and trust the civilians in running the affairs of the state. Speaking on the floor of the National Assembly on […]

Netanyahu ‘committed’ to Trump’s Gaza plan

JERUSALEM: Israeli Prime Minister Benjamin Netanyahu said Monday he was “committed” to a US proposal to take over Gaza and displace its Palestinian residents. As US Secretary of State Marco Rubio began a visit to Saudi Arabia, a Saudi source told AFP Riyadh would host a regional summit later this week “to discuss Arab alternatives” […]

India opposition slams Trump’s F-35 offer while Russia makes its own pitch – World

India’s opposition parties have criticised US President Donald Trump’s offer to sell F-35 fighters to the country, citing their high costs, even as Russia has discussed producing its most advanced jets locally in line with Prime Minister Narendra Modi’s goals. The offer from both the US and India’s long-time defence partner Russia comes at a […]

Tarar stresses importance of ADR in tax system

ISLAMABAD: Minister for Law and Justice Azam Nazeer Tarar on Monday emphasised the importance of Alternative Dispute Resolution (ADR) in ensuring expeditious tax dispute resolution and reducing litigation burdens. The International Mediation & Arbitration Centre (IMAC), Ministry of Law and Justice conducted a One-Day Executive Training on Tax Dispute Resolution through ADR at COMSTECH Islamabad. […]

Omar Ayub urges judiciary to ‘stand on its own two feet’

ISLAMABAD: Leader of the Opposition in the National Assembly Omar Ayub has called on the judiciary to assert its independence, saying that “enough is enough” and urging anti-terrorism court judges to take a stand. Speaking at a news conference at Khyber Pakhtunkhwa House in Islamabad on Monday, Omar Ayub was joined by PTI Chairman Barrister […]

PSX remains volatile as index loses 342 points

KARACHI: Pakistan Stock Exchange (PSX) on Monday closed lower as investor interest remained subdued amid concerns over foreign fund outflows, ongoing consolidation during the corporate earnings season and uncertainty surrounding tax reforms ahead of the International Monetary Fund (IMF) review under its Extended Fund Facility (EFF). Analysts commented that factors such as rupee instability, falling […]