Monthly Archive:: December 2019

Awan defends govt’s move to make changes in accountability law

Special Assistant to the Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan on Sunday defended the government’s decision to make changes in the country’s accountability law through a presidential ordinance. The Pakistan Tehreek-i-Insaf government had made drastic changes in the National Accountability …

Govt trying to end discord over KL summit, says FM

MULTAN: Foreign Minister Shah Mehmood Qureshi said on Sunday that the Kuala Lumpur summit was a sincere effort by Prime Minister Dr Mahathir Mohamad to pool energies and strength of Muslim countries, but ‘some friends’ apprehended the initiative might divide the Ummah …

Pakistan full of hidden natural wonders, says PM

ISLAMABAD: Prime Minister Imran Khan has said that Pakistan is a land of unimaginable beauty, hidden natural wonders and untapped tourism potential. He said this on Sunday in a Twitter message which came after a travel magazine, Wander­lust, listed nine destinations of Pakistan for adventurers …

Opposition seeks parliamentary debate on new NAB law

ISLAMABAD: Assailing the ruling Pakistan Tehreek-i-Insaf (PTI) for promulgating the controversial National Accountability Bureau (NAB) Amendment Ordinance, the country’s major opposition parties have asked the government to bring the newly-introduced ordinance to parliament for debate. The leaders of the Pakistan Muslim League-Nawaz (PML-N) and …

Stock Exchange: Market Summary

Status: Suspended Volume: 165,834,760 Value : 6,636,404,334 Trades: 59,044 Symbols KSE100 Index AllShare Index KSE 30 Index KMI 30 Index PSX-KMI All Shares Index Advance 184 Current 40887.62 Current 29101.84 Current 18752.10 Current 66441.83 Current 19425.47 Decline 146 High 41295.28 High 29336.32 High 18987.91 High 67200.02 …

The growth of the Sports Industry in Pakistan

After the world-renowned athlete and 1992 cricket world cup winning teamCapitan ‘Imran Khan’, came into power in Pakistan, there was an elevated level of sanguinity and anticipations in the sports management academia. Imran Khan, in recent history, is the only athlete who has been …

Nepra approves Rs1.56 per unit hike in power tariff

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday approved an increase of Rs1.56 per unit in power tariff on account of fuel adjustment cost of electricity consumed in October. The Central Power Purchasing Agency (CPPA) had sought an increase of …

Rashid to welcome Bilawal in Pindi

KARACHI: Federal Minister for Railways Sheikh Rashid Ahmed on Thursday said there was no problem vis-à-vis the issue of extension in the tenure of the Chief of the Army Staff and the required procedure would be followed by the government. “There is …

IMF releases second tranche of $454m

KARACHI: The government on Thursday received second tranche of $454 million from the International Monetary Fund (IMF). The transfer will be added to the State Bank’s foreign exchange reserves next week. However, during the week ending Dec 20, the SBP’s reserves increased …