Pakistan News

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  • Apple opens map development office in India's Hyderabad

    NEW DELHI: Apple said Thursday it will open a development office in Hyderabad, as its chief executive Tim Cook continued his India charm offensive with an investment boon to one of the country's top technology hubs...

    Local government ministers in Telangana state, of which Hyderabad is the capital, expressed their delight on Twitter at the new centre, a partnership with local software firm RMSI...

  • ‘Paradise Papers’ expose ex-PM Shaukat Aziz’s offshore holdings

    ISLAMABAD: Nearly a year and a half after the Panama Papers leaks shook the world elites by revealing the offshore holdings of some of the most powerful political players, the Inter­national Consortium of Investigative Journalists (ICIJ) released another treasure trove of data late on Sunday...

    While the leaked data does not contain any proof of criminality on the part of the persons named in the documents — since owning offshore...

  • ‘Panama Papers’ reveal Sharif family’s ‘offshore holdings’

    The data from the Panama Papers, available on the website of the International Consortium of Investigative Journalists — one of around 100 news organisations and 300 journalists that worked on mining the data simultaneously — also reveals the offshore holdings of members of Prime Minister Sharif’s family...

    Hasan Nawaz Sharif is described as “the sole director of Hangon Property Holdings Limited incorporated in the British Virgin...

  • Offshore holdings of bigwigs exposed

    ISLAMABAD: Revelations from the Panama Papers have caused uproar in Pakistan after media reports claimed that several politicians, businessmen and other influential figures were named as owners or shareholders in offshore firms incorporated through the Mossack Fonseca law firm...

    In addition to the companies owned by Prime Minister Nawaz Sharif’s children, the leaks also allege that former prime minister Benazir Bhutto, her nephew Hassan...
  • Holdings of govt papers at all-time high

    KARACHI: Holdings of government securities by banks and the corporate sector have crossed Rs8 trillion for the first time despite a sharp fall in returns, the State Bank of Pakistan (SBP) reported on Oct 27...

    Although the holdings of banks are still higher than those of the corporate sector, the latter has also increased its share in government papers to 19...

  • ‘Fright syndrome’ hits dollar holdings

    Stored old dollar bills worth $500m surfaced in the first two months of 2017 as panic stricken savers and hoarders rushed to exchange them at any price...

    Market sources confirmed a sizeable amount was traded at sub-market rates
  • Wrong map: PU teacher suspended

    LAHORE: Punjab University’s Institute of Education and Research (IER) Assistant Professor Dr Abida Nasreen has been suspended from service for three months for publication of wrong map of Pakistan on a flex...

    PU Vice Chancellor Prof Dr Mujahid Kamran on Monday took notice of the publication of wrong map of Pakistan on a flex in which Azad Kashmir was not shown part of the country...

  • Myanmar's startups map past, shape future with virtual reality

    Gasps echo across the hall as the Myanmar school kids trial virtual reality goggles, marvelling at a device that allows some of Asia's poorest people to walk on the moon or dive beneath the waves...

    “In Myanmar, we can't afford much to bring students to the real world experience,” beamed Hla Hla Win, a teacher and tech entrepreneur taking virtual reality into the classroom
  • Road map to bring electric vehicles to local roads

    KARACHI: The Ministry of Science and Technology has taken the initiative for “engineering foresight” to gear up auto assemblers and parts makers for new challenges, especially electric vehicles (EVs)...

    Various countries including the United States and India have already unveiled their plans for introducing EVs
  • India takes Al Jazeera off air in Kashmir map row

    “The ban has been imposed for five days and it was done on instructions of an inter-ministerial committee, who took cognisance of an incorrect map of India in which the channel showed parts of Kashmir in Pakistan and China,” the official told AFP on condition of anonymity...

    The Indian government in 2011 ordered The Economist magazine to cover up a map of disputed borders in Kashmir...

  • More than lines on a map

    Isn’t it time for GHQ to pause and ask itself how it can tell one group apart from the other when each is committed to the enforcement of the narrowest, most obscurantist, and often divisive view of religion?If the CPEC is going to be more than mere red, blue or whatever coloured lines on a map, the fight against terror will have to be fought in tandem on many fronts by all state institutions and every citizen...

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