NCOC asks provinces to prepare guidelines for tourism

ISLAMABAD: With active Covid-19 cases falling below 18,000 in the country, the National Command and Operation Centre (NCOC) on Saturday directed the provinces to prepare guidelines to manage tourism so that a resurgence of cases does not occur. The centre pointed out violations of the standard operating procedures (SOPs) at almost all tourist destinations, saying […]

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NAB chief asked to resign in wake of SC verdict, HRW report

ISLAMABAD: Continuing their onslaught on the National Accountability Bureau (NAB), the country’s major opposition parties — the Pakistan Muslim League-Nawaz (PML-N) and the Pakistan Peoples Party (PPP) — have asked NAB chairman retired Justice Javed Iqbal to step down after recent observations of superior courts regarding its functioning and appointments in the bureau and the […]

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US report explores options for Pakistan-India talks

WASHINGTON: The Indian government’s insistence on Kashmir being a purely domestic issue is “a fiction maintained only by a large security presence”, says a report released by the US Institute of Peace. The report by the Washington-based think tank, which is funded by the US Congress, argues that New Delhi’s claim will “be sorely tested by the […]

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PML-N quizzes govt over funding for ambitious Ravi project

LAHORE: The opposition Pakistan Muslim League-Nawaz (PML-N) has asked the Pakistan Tehreek-i-Insaf (PTI) government to explain how it will generate huge funds for the ambitious Rs5 trillion Ravi urban development project, which, according to it, was dropped by the Shahbaz Sharif administration considering it economically unviable. “The PML-N’s Punjab government in 2013-14 had started the process […]

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Moody’s reaffirms Pakistan credit rating

ISLAMABAD: Moody’s on Saturday confirmed Pakistan’s B3 credit rating with a stable outlook as part of the review for downgrade, the agency said in a statement. Concurrently, the agency has also confirmed the B3 foreign currency senior unsecured ratings for The Third Pakistan International Sukuk Co Ltd, according to press statement received here which added […]

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Power tariff increased under fuel adjustment charges

ISLAMABAD: The power tariff has been increased by 95 paisa per unit for the current month and Rs1.09 per unit for the next month under fuel adjustment charges. However, the new tariff will not be applicable to lifeline consumers. The National Electric Power Regulatory Authority (Nepra) has notified the changes in the approved tariff on […]

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87pc overseas workers went to KSA, UAE in 2019

KARACHI: Over 87 per cent of Pakis­tanis looking for overseas jobs went to the United Arab Emirates and Kingdom of Saudi Arabia (KSA) in 2019, data shared by the Bureau of Emigration and Overseas Employment as quoted by the State Bank of Pakistan showed. The figures show pre-Covid-19 trends as the pandemic has almost halted […]

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Duration of electricity interruption much higher in Pakistan: WB

ISLAMABAD: The World Bank, in its first comprehensive stock-taking of infrastructure services in Asia, says although electricity access in Pakistan is in line with regional averages of 92.5 per cent, the average interruption duration and frequency values are much higher. This is apparent from frequent power outages due to loadshedding. Pakistan suffers from outdated facilities […]

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Stocks settle over 40,000 level in outgoing week

KARACHI: The gaining streak at the stock market continued for seventh week in a row with the outgoing one recording a rise of another 772 points (two per cent) and the index settling above the 40,000 level at 40,030 points. Investors were relieved by the spectacular drop in active Covid-19 cases, resulting in opening up […]

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Three things we learned from the first Test between England and Pakistan

England’s dramatic three-wicket win over Pakistan in the first Test at Old Trafford was a brilliant advertisement for the red-ball game. Pakistan, despite not having played international cricket for several months because of the coronavirus, dominated the majority of the match and were still favourites when they reduced England to 117-5, chasing a target of 277, on […]

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