Finance Minister Ishaq Dar presented the budget for fiscal year 2023-24 on the floor of the National Assembly on Thursday amid smooth proceedings with the opposition missing from the benches.Dar said......
A special anti-corruption court in Lahore on Friday gave the Anti-Corruption Establishment (ACE) the “last opportunity” to present the record of an illegal appointments case against PTI President......
Shortly after an anti-terrorism court (ATC) ordered his release, former PTI MNA Ali Muhammad Khan was re-arrested in Mardan on Friday for the fifth time since protests took place in the wake of party......
The Supreme Court’s Justice Sardar Tariq Masood observed on Friday that establishing offshore companies is “no crime”, while hearing a Jamaat-i-Islami (JI) plea seeking action against all 436......
The government on Friday advised authorities in Sindh and Balochistan to remain alert as a “very severe” cyclonic storm, Biparjoy, over the Arabian Sea was reported to be moving towards Pakistan’s......
Palestinian president Mahmud Abbas will make a state visit to China next week, Beijing said on Friday, after China expressed readiness to help facilitate Israeli-Palestinian peace talks.Beijing has......
Donald Trump said on Thursday he has been indicted over his handling of classified documents after leaving office, the US ex-president’s most serious legal threat yet as a firestorm of criminal......
The government is set to present its annual budget to Parliament later today, aiming to meet the requirements of the International Monetary Fund (IMF) in order to potentially secure the release of......
SYDNEY: Sri Lankan cricketer Danushka Gunathilaka will stand trial on a rape charge stemming from an alleged incident which occurred while he was in Australia to play in the Twenty20 World Cup last......
PARIS: The Paris 2024 Olympic Games flame will be lit on April 16 next year, marking the countdown to the July 26-Aug 11 games in the French capital, an Olympic movement source said on Thursday.The......
ISTANBUL: Nearly half the players competing at last year’s World Cup experienced extreme or increased mental fatigue during an unprecedented season of fixture congestion, according to international......
MIAMI: Lionel Messi has pulled off his latest stunning feat: He is headed to Major League Soccer and joining Inter Miami.After months — years, even — of speculation, Messi on Wednesday finally......
PESHAWAR: Eight people, including two children, were killed and 17 others received injuries when a Datsun vehicle going to Chitral from Upper Dir plunged into a ravine at Kochhan Gol near Lowari Top......
PESHAWAR: The Khyber Pakhtunkhwa government has decided to withdraw its appeal from the Supreme Court against the Peshawar High Court’s orders for the Federal Investigation Agency to probe the......
KARACHI: The Sindh Assembly on Thursday echoed with the lawmakers’ concern over the abduction of a Hindu teenage girl as they demanded exemplary punishment for the abductors.Pakistan Peoples Party......
KARACHI: Top leadership of the Pakistan Muslim League Nawaz (PML-N) on Thursday intervened to assure the Pakistan Peoples Party (PPP) of its “unconditional support” for the upcoming Karachi mayor......
KARACHI: Currently prevailing as a very severe cyclonic storm over the Arabian Sea, Biparjoy has slowly moved further north-northwestward over the last 12 hours, the Met department reported on......
• Mayor will be chairman of the corporation • New law empowers KWSC to outsource water supply, levy fresh chargesKARACHI: Amid continued absence of Pakistan Tehreek-i-Insaf (PTI) lawmakers, the Sindh......
NEW YORK: Donald Trump on Thursday asked for a new trial in the civil case brought by E. Jean Carroll, in which a jury in Manhattan last month found the former US president liable for sexually......
WASHINGTON: Smoke from Canadian wildfires continued to shroud US cities in a noxious haze on Thursday, forcing flight delays and cancellations to outdoor activities as environmental groups called for......
ISLAMABAD: The federal government had allocated significant funds of Rs265 billion for water, sanitation and hygiene services in the provincial and federal budgets during financial year......
ISLAMABAD: President Dr Arif Alvi on Thursday said extremism is not borne in a vacuum - poverty, inequality and lack of education and opportunity can make individuals vulnerable to extremist......
WASHINGTON: The United States and Britain on Thursday announced a new strategic pact as their leaders rededicated the “special relationship” to counter Russia, China and economic instability.In a......
KARACHI: Reporters Without Borders (RSF) has expressed concern over the UK High Court’s decision rejecting WikiLeaks publisher Julian Assange’s appeal against his extradition order.In a statement......
RAMALLAH/JERUSALEM: Israeli forces raided the city of Ramallah in the West Bank early on Thursday in what the military said was an operation to demolish the house of a Palestinian accused of a......
QUETTA: Balochistan Chief Minister Mir Abdul Qudoos Bizenjo has announced the boycott of the federal budget session in Islamabad on Friday.“Balochistan Awami Party’s MNAs and senators will not......
UNITED NATIONS: Pakistan was, on Thursday, elected to the Economic and Social Council (Ecosoc), the economic arm of the United Nations, for a three-year term, beginning Jan 1, 2024, with Ambassador......
KABUL: The Taliban government may have banned international NGOs from offering education to out-of-school Afghan children, Unicef said on Thursday, putting the teaching of half a million boys and......
PESHAWAR: The Peshawar High Court asked the attorney general for Pakistan and the advocate general of Khyber Pakhtunkhwa on Thursday to be present during the next hearing of a petition challenging......
ISLAMABAD: Tiptoeing around allegations of human rights violations in Pakistan, Foreign Office spokesperson Mumtaz Zahra Baloch on Thursday said Pakistan would follow its laws and its international......
ISLAMABAD: A day after the top military brass vowed to try the “masterminds and planners” of May 9 violence in military courts, Pakistan Tehreek-i-Insaf (PTI) Chairman Imran Khan expressed......
KARACHI: Shares on the Pakistan Stock Exchange (PSX) lost their four-day winning streak by succumbing to the selling pressure on Thursday.Topline Securities said the representative index of listed......
ISLAMABAD: The investment-to-GDP ratio in the outgoing 2022-23 stood at 13.6 per cent, lowest among the regional countries, according to the economic survey released on Thursday.This ratio stood at......
KARACHI: Amid 38 per cent inflation and uncertain exchange rates, stakeholders have ruled out a pro-consumer budget for 2023-24.The government tried to help the masses by cutting the diesel price by......
ISLAMABAD: Federal Board of Revenue’s (FBR) tax exemptions reached an all-time high of Rs2.239 trillion in the outgoing fiscal year, up 51 per cent from Rs1.482tr in FY22, showed the Pakistan......
ISLAMABAD: The economic survey for 2022-23 showed on Thursday the country’s total public debt reached Rs59.24 trillion at the end of March, with domestic debt amounting to Rs35.07tr and external debt......
ISLAMABAD: The telecom sector remained a significant source of revenue generation for the national exchequer contributing Rs327 billion in the outgoing fiscal year, the Economic Survey revealed on......
ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Thursday notified a reduction in the prices of Regasified Liquified Natural Gas (RLNG) for the twin gas utility companies effective June 1,......
DOES anyone even take the finance ministry seriously anymore? With each passing year, this question becomes less and less rhetorical, as our notionally sovereign economy turns into a plaything of a......
ISLAMABAD: The fiscal year 2023 was not very different from the previous many years as the external account recorded a dismal performance owing to increased debt repayment, dwindling reserves and......
ISLAMABAD: The government conceded on Thursday average inflation will surpass its budgetary target and remain at 29 per cent for 2022-23 owing to the unprecedented depreciation and rising global......
ISLAMABAD: Special Assistant to the Prime Minister (SAPM) on Accountability Irfan Qadir on Thursday hinted that the superior courts judges could be tried by the National Accountability Bureau (NAB)......
ISLAMABAD: Karachi’s first detection of wild poliovirus in 2023 has been confirmed in an environmental sample from Sohrab Goth.According to the Pakistan Polio Laboratory at the National Institutes of......
LAHORE: The Istehkam-i-Pakistan Party (IPP) — the new home of most PTI deserters — was formally launched on Thursday with the objective to “give a new direction to politics and take the country......
• Industry contracts by 3pc, GDP growth a mere 0.3pc • Finance minister hints at expansionary measures in today’s budget • Dar says political cost borne unimaginable, but......
THE recent, turbulent political and economic events are manifestations of Pakistan’s once-in-a-generation polycrisis — multiple crises overlapped, reinforcing each other and almost snowballing out of......
DOES anyone even take the finance ministry seriously anymore? With each passing year, this question becomes less and less rhetorical, as our notionally sovereign economy turns into a plaything of a......
A COUPLE of years back, a friend’s son spent the summer interning at a bank. Over the eight weeks he was there, he updated a couple of ‘industry notes’ on industries the bank was already lending to......
