Monthly Archive:: November 2019

Imran, Trump discuss Kashmir once again

PM urges early resolution of Kashmir dispute, reiterates commitment to Afghan peace process ISLAMABAD: Prime Minister Imran Khan on Thursday appraised United States President Donald Trump about the crisis in Kashmir and urged him to speed up efforts for peace in the disputed …

Meltdown on PSX; index plunges 936 points

KARACHI: From profit-taking a day earlier, the stock market descended into panic selling on Thursday as the KSE-100 index lost a massive 936 points (2.46 per cent) and closed at 37,101. The market opened on a negative note and the index sank …

PayPal is not coming to Pakistan anytime soon

Efforts to bring PayPal to Pakistan have foundered, government officials admit. A delegation from Pakistan’s Ministry of Information Technology visited the United States last month to convince the international online payment company to bring its business to the country, reports Urdu News. …

JAPANESE DELEGATE EMPHASIZES BILATERAL TRADE EXPANSION

Japan and Pakistan have immense potential to increase their bilateral trade and economic ties, said Kuninori Matsuda, Japan’s ambassador to Pakistan on Monday. The ambassador said that Pakistan’s major exports to Japan included cotton, clothing, oilseeds, fruits, oleagi fruit, animal products, oleagis …

PCB set to present model constitution

LAHORE: After a delay of more than four months, the Pakistan Cricket Board (PCB) is finally ready to present the model constitution for the new set up based on provincial and city cricket associations, during its Board of Governors meeting here on …

Govt raises Rs239bn through T-bills

KARACHI: The government has raised less than half of its target through the Market Treasury Bill auction on Wednesday. The State Bank of Pakistan reported the government raised Rs239.7 billion through T-bills, as against the target of Rs500bn. For the last several …
More changes in cabinet likely, says Babar

More changes in cabinet likely, says Babar

ISLAMABAD: Ruling Pakistan Tehreek-i-Insaf (PTI) leader Dr Babar Awan on Wednesday hinted at more reshuffle in the federal cabinet in the coming days. “The government is progressing with a fast pace and the reshuffle in the federal cabinet is part of the …

Pakistan assures donors of efforts for polio eradication

ISLAMABAD: The government of Pakistan has assured international donors and partners of renewing efforts to eradicate poliovirus amid serious concerns over its resurgence in the country. The assurance was extended during the event “Reaching the Last Mile Forum” themed “Accelerating the Pace” …

ECP orders daily hearing of PTI foreign funding case

ISLAMABAD: The Election Commission of Pakistan (ECP) has ordered day-to-day hearing of the foreign funding case against the Pakistan Tehreek-i-Insaf (PTI). The order came after the opposition’s Rehbar Committee on Wednesday submitted an application, asking the ECP to decide the case before …

PSX observes bearish trend

KARACHI (Dunya News) – The Pakistan Stock Exchange (PSX) on Thursday lost 349 points after yesterday’s reports that it has outperformed the world’s leading stock markets during the last three months due to the government’s steps to stabilise economy. The benchmark KSE-100 index …

Nepra notifies Rs1.83 per unit increase in electricity tariff

The National Electric Power Regulatory Authority (Nepra) on Tuesday notified a Rs1.83 per unit increase in electricity tariff under monthly fuel price adjustment for electricity consumed in September to generate Rs24 billion revenue to ex-Wapda distribution companies (Discos). The decision to approve the tariff …