ISLAMABAD: Terming it an “Instagrammable budget” and accusing Finance Minister Ishaq Dar of figure fudging of Rs1 trillion in the amount of interest payments, Pakistan Tehreek-i-Insaf (PTI) has claimed that first time in Pakistan’s history the amount of interest on loans has surpassed the expected revenue of the government due to which nation should anticipate a series of mini and micro budgets in the upcoming financial year...
The PTI...
ISLAMABAD: The Pakistan Basketball Federation (PBBF) on Friday announced the national squad for a five-nation international event being staged in the Maldives later this month...
PBBF secretary general Khalid Bashir said the event besides Pakistan features Maldives, Bangladesh, Sri Lanka and Nepal, and will be held in Male from June 15-22
KARACHI / LAHORE: The government has presented a picture of the economy far from facts while targets set for the budget 2023-24 also look unrealistic, said FPCCI President Irfan Iqbal Sheikh on Friday while expressing apprehensions that the business community would be looking for “hidden taxes” in the Finance Bill...
The Rs9
WASHINGTON: The United States on Friday announced a $2...
1-billion military aid package for Ukraine, just as Kyiv appeared to be opening its long-awaited counter-offensive aimed at driving Russia from the country
PESHAWAR: The Khyber Pakhtunkhwa caretaker government has decided to present budget for the first four months of the next fiscal year 2023-24...
The decision was taken during a budget preparation meeting chaired by caretaker Chief Minister Mohammad Azam Khan, a statement issued from the Chief Minister’s secretariat on Friday said
KARACHI: There is a potential threat of flooding in Pakistan’s coastal areas in the coming days after Biparjoy — a very severe cyclonic storm over the east-central Arabian Sea — changed its direction on the night between June 8 and June 9...
The storm is likely to keep moving in the north/northeastward direction during the next 36-48 hours, Pakistan Meteorological Department (PMD) officials said on Friday, adding that Biparjoy is likely...
KARACHI: The net impact of the 2023-24 budget is expected to range between neutral and negative for most listed companies, even though a few sectors like technology, real estate and pharmaceutical may find some cause for celebration...
Speaking to Dawn, Ismail Iqbal Securities Head of Equity Research Fahad Rauf said the budget contains few significant events for the stock market based on the information available so far
MOSCOW: Russia will start deploying tactical nuclear weapons in Belarus after special storage facilities are made ready on July 7 and 8, President Vladimir Putin said on Friday, Moscow’s first move of such warheads outside Russia since the fall of the Soviet Union...
Putin announced in March he had agreed to deploy such weapons in Belarus, pointing to US deployment of tactical nuclear weapons in a host of European countries over many...
ISLAMABAD: The Supreme Court on Friday wondered why the Jamaat-i-Islami chose to segregate the main case from its petition, seeking an investigation against 436 individuals named in Panama Papers for allegedly stashing fortunes in foreign offshore companies, and allowed the case to proceed against a particular family...
“What were the reasons to separate the JI petition during the hearing of the Panama Papers [and] that too after 24...
NEW YORK: The mass of smoky air that choked New York, Washington and other US cities earlier this week moderated on Friday as it drifted as far south as the Florida Panhandle, and conditions improved to “moderate” along most of the Eastern Seabord...
The US National Weather Service said air quality had improved in areas along the East Coast, but hazy skies and degraded air quality persisted in pockets of the mid-Atlantic, the Ohio...
KARACHI: Shares of companies listed on the Pakistan Stock Exchange traded mostly on the higher side on Friday ahead of the presentation of the federal budget for 2023-24...
Topline Securities said participation by investors declined as they preferred to remain on the sidelines during the last session before the budget announcement
BANGKOK: Myanmar’s junta has suspended travel authorisations for aid workers trying to reach hundreds of thousands of people in the cyclone-ravaged Rakhine state, the UN’s humanitarian affairs office said on Friday...
Cyclone Mocha brought lashing rain and winds of 195 kilometres per hour to Myanmar and neighbouring Bangladesh last month, killing at least 148 people in Myanmar
HOW much have we progressed in our 76-year history, and to what extent are we a backward nation compared to our former colonial masters? Some readers may find this comparison unfair — in contrast to a comparison with other developing countries...
But the purpose here is to highlight the differences in the development trajectory, in terms of a few socioeconomic indicators, between Pakistan and the UK which ruled the subcontinent for two...
ISLAMABAD: The government has defined a roadmap and timelines for the implementation of various initiatives under the 5Es framework — exports, e-Pakistan, environment, energy & infrastructure and equity & empowerment — to revitalise the economy...
The 5Es Framework: To Turnaround Pakistan, released on Friday, speaks of acute implementation challenges, including pushback from vested interests that will be faced to successfully deliver 5Es
ISLAMABAD: Amid reports of ‘pressure’ from the International Monetary Fund (IMF), the government has earmarked Rs1...
074 trillion in subsidies in its budget for fiscal 2023-24, about 2