What are the challenges that await the new finance minister? – Pakistan
The banker-turned-finance minister faces the difficult task of managing the national kitty and steering the country out of its incessant economic crisis. Muhammad Aurangzeb, a former chief executive of Habib Bank Limited (HBL) with extensive experience in the financial sector, has taken the reins as Pakistan’s new finance minister. He inherits a daunting economic landscape, […]
IMF team arriving in Pakistan for bailout review: report – Business
An International Monetary Fund (IMF) mission is arriving in Pakistan on Wednesday for a second and last review of a $3 billion standby arrangement, two sources said. The four-day review begins on Thursday, said the two finance ministry officials, who were speaking on condition of anonymity because they were not authorised to disclose the information. […]
India’s Pant says doctors considered leg amputation after car crash – World
Star Indian wicketkeeper-batsman Rishabh Pant says that doctors raised the prospect of amputating his leg after the serious car crash that threatened to end his cricket career. The 26-year-old is set to play for the Delhi Capitals in the Indian Premier League starting this month after a 14-month absence following the accident. He is also […]
Napoli win one of best moments as Barca coach: Xavi
BARCELONA: Barcelona coach Xavi Hernandez said beating Napoli to reach the Champions League quarter-finals on Tuesday was one of his finest moments in his post. The Spanish champions won 3-1 at the Olympic Stadium to seal a 4-2 aggregate win against last year’s Serie A winners, returning to the last eight for the first time […]
On first Ramazan, gas crisis tests patience of fasting Karachiites – Pakistan
• Residents criticise SSGC over inability to ensure supply• Many forced to buy expensive LPG to meet their needs in the holy month• PPP warns Centre gas crises could push consumers to the end of their tether KARACHI: Fasting people of the city on Tuesday had a great deal of hardship when they woke up […]
Video of half-printed currency notes triggers outrage on social media – Pakistan
The screengrabs from the video show the misprinted reverse side of what would otherwise be legal tender. KARACHI: A video purportedly made by a bank staffer showing incomplete half-printed banknotes sparked concerns among social media users and the people, prompting the State Bank of Pakistan to announce an investigation on Tuesday. The video surfaced on […]
PM Shehbaz seeks detailed roadmap to boost IT exports – Pakistan
ISLAMABAD: Appreciating the increase in the export volume of Information Technology (IT) services to more than $3 billion, Prime Minister Shehbaz Sharif on Tuesday sought a comprehensive roadmap to further boost IT exports. He issued these instructions while chairing a meeting to review the performance of the IT and telecom sectors. Meanwhile, newly appointed federal […]
Pakistan wants greater transparency in UNSC – Pakistan
UNITED NATIONS: In a fervent call for reforms, Pakistan has urged enhanced transparency and accountability in the working methods of the UN Security Council. Addressing a crucial open debate at the UN headquarters in New York on Monday, Pakistan’s envoy Usman Jadoon expressed deep concern over the longstanding issue of selective implementation and non-implementation of […]
Astronauts return after vital experiments in space – World
ISS astronauts are seen after the hatch of the SpaceX Dragon Endurance spacecraft was opened shortly after it landed off the coast of Florida.—AFP WASHINGTON: Four astronauts splashed down off Florida in the Gulf of Mexico on their return to Earth early Tuesday, following a more than six-month mission on the International Space Station. The […]
PM seeks detailed roadmap to boost IT exports – Pakistan
ISLAMABAD: Appreciating the increase in the export volume of Information Technology (IT) services to more than $3 billion, Prime Minister Shehbaz Sharif on Tuesday sought a comprehensive roadmap to further boost IT exports. He issued these instructions while chairing a meeting to review the performance of the IT and telecom sectors. Meanwhile, newly appointed federal […]