Iqbal seeks role in IMF talks
ISLAMABAD: Planning Minister Ahsan Iqbal has sought Prime Minister Shehbaz Sharif’s intervention to include his ministry in parleys with the International Monetary Fund (IMF), saying that the $7 billion programme is not just about numbers but about people and economic development. His remarks came as Jamaat-e-Islami began a march towards Islamabad, demanding relief from double-digit […]
PSX rises 269 points as oil market steadies
Saudi supply recovery offers some relief; investors closely monitor regional risks KARACHI: Pakistan equities opened the week on a firmer footing on Monday, with the benchmark KSE-100 index gaining modest ground as easing oil prices and hopes for diplomatic progress on the US-Iran conflict encouraged buying interest. Although the early rally lost some momentum, the […]
Closed steel mill causes Rs79b loss
PSM incurs Rs57b in interest over 3 years; pays Rs3.9b in salaries, Rs9.1b in bills According to the Central Monitoring Unit, without reforms in subsidy governance, debt management, and operational modernisation, Pakistan’s trading SOEs and PSM will remain persistent fiscal liabilities. PHOTO: FILE ISLAMABAD: The closed Pakistan Steel Mills (PSM) cumulatively caused a whopping loss […]
LHC allows NCCIA inquiry into Muhammad Rizwan over online betting allegations
Says NCCIA may proceed with the inquiry but must not harass or unnecessarily inconvenience the cricketer LAHORE: The Lahore High Court on Monday dismissed cricketer Muhammad Rizwan’s petition challenging an inquiry by the National Cyber Crime Investigation Agency (NCCIA) into alleged online betting and gambling relating to cricket, holding that the probe could not be stopped at […]
Trump administration prepares sanctions against International Criminal Court, sources say
The International Criminal Court building is seen in The Hague, Netherlands, January 16, 2019. REUTERS President Donald Trump’s administration has prepared sanctions against the entire International Criminal Court and plans to announce them soon, two sources familiar with the matter said on Sunday, a move that would step up its attack on the global tribunal […]
Anne Hathaway to campaign for supporting actress for Christopher Nolan’s ‘The Odyssey’
Universal will position Hathaway alongside co star Samantha Morton in its awards campaign for the film Anne Hathaway is set to campaign for supporting actress for her performance as Penelope in Christopher Nolan’s The Odyssey, with Universal Pictures positioning the Oscar winner in the category for the upcoming awards season. Variety reported the decision exclusively. […]
PHC stays deportation of Afghan medical students
Issues notices, seeks replies in 14 days; directs petitioners to continue studies till next hearing Counsel for the petitioners informed the court that the students, all Afghan nationals, had been granted admission under the Afghan quota in different medical and dental colleges . PHOTO: PESHAWAR HIGH COURT WEBSITE PESHAWAR: The Peshawar High Court (PHC) on […]
Pope Leo calls for AI systems that don't foster divisions
Pope Leo, who has warned of the risk that AI could lead the world down a path of unending war, on Monday urged the development of AI systems that do not foster divisions in society but strengthen peace initiatives. "In a world marked by conflict and division, the development of artificial intelligence calls for a […]
CNN, MS NOW and Politico suing Trump over White House ban
CNN, MS NOW and Politico said on Monday they are suing President Donald Trump and other members of his administration to protect their rights under the US Constitution's First Amendment after he banned the news outlets from the White House building grounds. The three news organizations said they have notified the government that they were […]
Gaza students return to in-person schooling for first time in three years
Hundreds of thousands of children in Gaza returned to in-person teaching on Saturday for the first time in nearly three years, albeit in damaged or makeshift school buildings and tents, and with uniforms, notebooks and pens unaffordable for many families. The United Nations Children's Fund (UNICEF) says 98% of schools in Gaza were either destroyed […]