Pakistan News

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  • House rent contributes most to inflation

    KARACHI: After increasing sharply over the preceding 12 months, house rent remained the largest contributor to year-on-year inflation in August, reported the State Bank of Pakistan (SBP) in the latest Inflation Monitor...

    In its list of top 15 contributors to the Consumer Price Index (CPI) for August, the SBP put house rent way ahead of other 14 contributors...

  • Free rent, iconic sites offered in race for London’s EU agencies

    LONDON: European cities from Amsterdam to Zagreb have lined up sweetheart deals including free rents, landmark buildings and tailor-made relocation services in a race to house two prestigious EU agencies that will leave London after Brexit...

    Copenhagen has chosen a block just 10 minutes from the airport and is promising to pay the rent for 20 years...

  • Probe into non-payment of containers’ rent ordered

    LAHORE: The Lahore High Court on Wednesday directed the Punjab inspector general of police (IGP) to appoint an officer of rank of deputy inspector general (DIG) for holding an inquiry into a dispute of non-payment of rent against the containers used by police to block roads during Azadi and Inqilab marches last year...

  • Abandoned London station-bunker used by Churchill up for rent

    LONDON: An abandoned London station believed to have been used by Winston Churchill as a wartime bunker is up for rent, under plans to raising funds by leasing disused corners of the world’s first underground railway...

    The plan is to redevelop it over the next two years and the Evening Standard newspaper reported the rent could be around 100,000 pounds ($154,000) a year...

  • Footprints: Safety for rent

    With the recent surge in targeted killings in the country, especially Karachi, several agencies providing security are now offering such cars for rent...

    However, “this is no rent-a-car service,” explains Captain Nadeem Khan, who works at one such company...

  • Tribesmen paid rent of houses being used by troops

    KHAR: The Bajaur political administration on Saturday distributed cheques among the people of Mamond tehsil as rent of their houses which have been in use by the security forces for last five years...

    At least 107 house owners got cheques of over Rs9 million...

  • Bank sealed in Kohat over rent dispute

    KOHAT: The Kohat Cantonment Board (KCB) on Monday sealed a bank over a dispute on payment of rent...

    However, a bank official told Dawn on condition of anonymity that they had been regularly paying the rent to the real owner of the building for the last six months, but the KCB authorities forcibly closed down the bank...

  • ‘Rent-free week’ in Neelum valley planned

    The deputy commissioner announced that the valley would observe a “rent-free week” from Aug 1-7, in a rare show of hospitality towards its visitors from any part of the country...

    He claimed that no guesthouse or rest house, either private or public, would charge the tourists for accommodation during that week, but only for food or other items of necessity...

  • Cantt board, TMA double rent of shops in Kohat

    KOHAT: The cantonment board and tehsil municipal administration here have doubled the rent of shops occupied by civilians in violation of the agreement, under which only 10 per cent annual increase is allowed...

    The owners of shops rented out at Rs7,000 a month at the time of the auction are being forced to pay over Rs16,000 for a shop on the ground floor, while rent of a shop on the first floor, which started from Rs1,300 a month,...

  • Anguish over India's move to ban 'rent-a-womb' industry

    NEW DELHI: Childless couples from around the world have been left in limbo after the Indian government revealed plans to ban them from the country's booming multi-million dollar surrogacy industry...

    The industry has exploded in recent years with thousands of infertile couples flocking to India, one of only a handful of countries offering cheap surrogacy using skilled doctors and with relatively little red tape
  • Rent or hire

    While looking for a place to rent what should I keep in mind given that I’ve never lived there before?Advice:Wherever you decide to rent, the primary considerations should be the following:While dealing with the landlord:— Is the property genuinely owned by the person who has put it on the market or does he have relevant written authority to do so?— Payment terms agreed should be mentioned in the contract...

    — Sign the documents in...

  • Cantt traders protest high rent of shops

    ABBOTTABAD/NOWSHERA: Traders have observed complete strike against increase in rent of shops by the cantonment board, Abbottabad...

    The said that would accept 25 per cent increase in the rent after every three years...

  • Deep roots of rent-seeking culture

    However, such incentives give rise to rent of various types and people compete with each other for covertly availing themselves of benefits not meant for them...

    In developed economies, rent-seeking remains within the ambit of law whereas in less developed countries, it takes the shape of bribery and corruption...

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