Pakistan News

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  • Pemra seeks ARY News response to IB complaint against 'fake news'

    The Pakistan Electronic Media Regulatory Authority (Pemra) on Saturday directed ARY News to respond to a complaint filed by the Intelligence Bureau (IB) against its report on a list of lawmakers suspected of links with banned militant groups allegedly compiled by the IB...

    The list first came to light when ARY News programme 'Power Play' aired a report on Sept 25 claiming that former prime minister Nawaz Sharif had directed the IB on...

  • Pemra serves notices to ARY, Bol News over 'fake' news regarding cabinet reshuffle

    The Pakistan Electronic Media Regulatory Authority (Pemra) has issued show-cause notices to ARY News and Bol News for airing news items regarding a reshuffle in the federal cabinet and change in the portfolios of some federal ministers, it emerged on Tuesday...

    The two media outlets had aired the news on Monday morning about a possible reshuffle in the posts for Minister for Finance and Minister of State for Interior held by Asad Umar...

  • Sharia advisers regulations approved for Islamic financial services sector

    ISLAMBAD: In order to enhance the credibility of Islamic financial services sector, Securities and Ex­change Commission of Pakistan (SECP) has app­ro­ved the Sharia Advisers Regulations 2017...

    The regulations have been formulated after an extensive consultation process with representatives of Sharia advisers, Islamic Financial Services Board (IFSB) Malaysia, State Bank of Pakistan (SBP), Pakistan Stock Exchange (PSX), Institute of...

  • Benefits of digital financial services highlighted

    ISLAMABAD: Digital financial services have the potential to overcome hurdles posed by conventional business models, said State Bank Governor Ashraf Wathra...

    Speaking at a roundtable dialogue, organised by the SBP, on ‘future of digital financial services’ here on Wednesday, Ashraf Wathra pointed out that branchless banking is both convenient and affordable for underserved demographics in a highly cost-efficient manner...

  • Panamagate case: SC asks Sharif lawyers to establish ownership of Minerva Financial Services Ltd

    Justice Asif Saeed Khosa, who was heading the larger bench hearing the case, cautioned the Sharif lawyers that if they were unable to establish ownership of Minerva Financial Services Limited, the court would have to 'imagine' that what PTI lawyers claim is true...

    PTI counsel Naeem Bokhari submitted an interview given by Haroon Pasha, the prime minister's financial adviser, as evidence in court...

  • Trade options for UK financial services after Brexit

    LONDON: A stand-off between Britain and the European Union over the future of London’s vast financial services industry is shaping up as one of the key Brexit battlegrounds of this year...

    The EU said on Wednesday that there will be no special deal for one of Britain’s most important industries, delivering a blow to hopes of a trade agreement that maintains current flows of staff and services...

  • Banks directed to digitise payment, financial services

    KARACHI: The State Bank of Pakistan (SBP) on Wednesday instructed all banks to provide a set of minimum services on internet banking (IB) and mobile banking (MB) channels to encourage use of digital modes for various kinds of payments and replace the manual process...

    “All banks should provide minimum set of services on their IB and MB channels including bill payments, funds transfer, beneficiary management, limit management, credit...

  • Sectarian tension in Hyderabad localities subsides

    HYDERABAD: Residents of Gujrati Para, Gulshan-i-Hamid and some other localities held a protest demonstration after Juma prayers against some statements made by the prayer leader of the Jama Masjid Rais, located in neighbouring Gulshan-i-Rais, a couple of days back...

  • Murder, rape convict executed in Hyderabad

    A man convicted of rape and murder was executed early Tuesday morning at the Hyderabad Central Prison...

    This is the first execution to take place in Hyderabad since 2015, when two death-row prisoners convicted for the 1998 hijacking of a PIA Fokker were executed in Karachi and Hyderabad jails...

  • Anti-drugs rally held in Hyderabad

    HYDERABAD: A rally against drugs was taken out by a number of students of public and private schools and colleges along with scores of police officials on Thursday...

    According to a Hyderabad police spokesperson, district police launched the anti-drug campaign from Nov 17 to 23 in collaboration with the Crime and Human Rights Cell set up at Hyderabad SSP office...

  • Three-day Sufi festival gets under way in Hyderabad

    HYDERABAD: A three-day festival titled ‘Sindh Sufi melo’ was inaugurated by by Sindh Senior Minister for Food and Parliamentary Affairs Nisar Ahmed Khuhro in Hyderabad Club on Sunday...

    Senator Aajiz Dhamra, Auqaf Minister Ghulam Shah Jillani, PPP Hyderabad district president Saghir Qureshi and information secretary Ahsan Abro were among the prominent figures who were present...

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