Shehbaz takes oath as new PM, orders negotiations with IMF – Pakistan
PRESIDENT Arif Alvi administers the oath to newly sworn-in Prime Minister Shehbaz Sharif at the President House, on Monday.—White Star ISLAMABAD / PESHAWAR: Prime Minister Shehbaz Sharif was administered oath to the coveted office of the country’s chief executive by President Arif Alvi in a ceremony at the President House, in which KP Chief Minister […]
Senator withdraws resolution to ban social media – Pakistan
ISLAMABAD: Pakistan Peoples Party Senator Bahramand Khan Tangi withdrew his resolution seeking a blanket ban on major social media platforms in the country to “save the young generation from their negative and devastating effects”. The resolution, which became controversial even before coming to the house, recommended to the government to put a ban on Facebook, […]
PkMAP holds rally against raid on Achakzai’s home in Quetta – Pakistan
Mahmood Khan Achakzai QUETTA: Pashtoonkhwa Milli Awami Party (PkMAP) on Monday held a rally against the raid on the residence of its chairman Mahmood Khan Achakzai, and announced a shutterdown strike today (Tuesday). PTI, which has named Mr Achakzai as its presidential candidate, also condemned Sunday night’s action. The Quetta district administration claimed to have […]
Rivals in agreement on judicial probes into thorny issues – Pakistan
• Bilawal endorses PTI call for inquiry into May 9; PTI-backed MNAs suggest investigation into alleged rigging, cipher issue• Speaker intervenes after opposition riled up by PPP chief’s remarks ISLAMABAD: Amidst fiery speeches, the National Assembly on Monday witnessed a glimmer of hope as members sitting on the opposition and treasury benches seemed to find […]
PTI to knock SC door after losing reserved seats – Pakistan
• ECP turns down SIC plea as party didn’t submit list for reserved seats on time• Commission to distribute vacant seats proportionally among other parties; one member dissents• Nomination papers of Zardari, Achakzai accepted• PTI rejects decision as ‘unconstitutional, against democracy’; wants Senate, presidential polls postponed ISLAMABAD: After the Election Commission of Pakistan decided against […]
Receding Kibor sparks rate cut hopes – Business
KARACHI: The Karachi Interbank Offered Rate (Kibor) has started to recede, reflecting both the money market’s reaction to low inflation and anticipation of an interest rate cut in the next monetary policy review. From Friday to Monday, Kibor dropped by 11 basis points (bps) for a one-year term, decreasing from 21.38 per cent to 21.27pc. […]
5 extraordinary female artists pushing the envelope for content
KARACHI: Women’s Day is around the corner, and what better way to celebrate the might and grit of women than by commemorating their artistic expression? Oftentimes, one comes across such unique or well-executed content that one cannot help but feel bowled over. Something grasps at you – like a hand extending from the piece of […]
Bitcoin bursts above $66,000 – Business
LONDON: Bitcoin rallied to a two-year high on Monday, breaking above $66,000 as a wave of money carried it within striking distance of record levels. The price hit a session high of $66,240, up 5.4 per cent in Europe, having already hit a new two-year high in Asian trading. The largest cryptocurrency by market value […]
Nepra plans doubling of licensing fees – Business
ISLAMABAD: Following in the footsteps of power companies, the National Electric Power Regulatory Authority (Nepra) has decided in principle to increase by at least 100 per cent its annual and one-time registration fee for all its licensees like those dealing in generation, distribution, transmission, trading, operators and suppliers. At the same time, Nepra is also […]
Lodhi analyses ‘polycrisis’, offers solutions
ISLAMABAD: Dr Maleeha Lodhi, the country’s well-known diplomat and political scientist, noted on Monday that the country’s top leadership has failed to take a long view and outline a vision for the country and its consequences have now come together to create a moment of truth for the country. Dr Lodhi, said that Pakistan faces […]