KARACHI: Banks have enough cash to sail through a liquidity crunch for six months as borrowers seek to delay principal payments on loan obligations amidst the coronavirus outbreak. Speaking to Dawn on Tuesday, Pakistan Banks’ Association (PBA) Chairman Muhammad Aurangzeb said the balance sheets of commercial lenders are in good shape to sustain poor cash flows in […]
CLICK HERE TO READ MORE
LAHORE: An accountability court on Tuesday extended physical remand of Jang group editor-in-chief Mir Shakilur Rehman for another 11 days in a 34-year-old land allotment case, while the Lahore High Court dismissed two identical petitions for his bail and quashment of the remand. Earlier, the National Accountability Bureau (NAB) produced Mr Rehman before the trial […]
CLICK HERE TO READ MORE
RAWALPINDI: Pakistan Airlines Pilots Association (Palpa) called off its strike after it was assured that personal protection equipment (PPE) will be provided to the cockpit and cabin crew staff. On the other hand, standard operating procedures (SOPs) designed by the government and the Civil Aviation Authority (CAA) will be followed by the pilots. The decision […]
CLICK HERE TO READ MORE
ISLAMABAD: Army Chief Gen Qamar Bajwa on Tuesday directed his commanders to assist the civilian administration in uninterrupted supply of essential items to remote regions. Chairing the 231st Corps Commanders’ Conference, the army chief, according to the ISPR, asked the commanders to “extend maximum assistance in moving critical resources and reaching out to mitigate suffering […]
CLICK HERE TO READ MORE
LAHORE: Punjab has achieved the capacity of conducting 3,100 Covid-19 tests daily, which will be increased to 5,000 tests in the next few days, says Chief Minister Usman Buzdar while presiding over a video-link meeting of the cabinet committee for eradication of coronavirus here on Tuesday. As many as 1,785 people were tested on Monday, […]
CLICK HERE TO READ MORE
The government will distribute the relief money from tomorrow among lower-income people who have been hit by financial crisis due to the ongoing lockdown, Prime Minister Imran Khan told the media on Wednesday. The premier said that a sum of Rs12,000 will be distributed among 12 million families from 17,000 different points. He insisted that […]
CLICK HERE TO READ MORE
WASHINGTON: US President Donald Trump and the country’s top medical officer alerted their nation on Sunday to brace themselves for “the saddest week” of their lives as the coronavirus kills almost 10,000 Americans. “This is going to be the hardest and saddest week of most Americans’ lives, quite frankly,” US Surgeon General Jerome Adams said […]
CLICK HERE TO READ MORE
More than 20,000 Pakistani workers stuck in the United Arab Emirates are seeking to return home, as the Gulf Arab state tightens restrictions due to the coronavirus outbreak. The UAE, which has reported 1,799 coronavirus cases and 10 deaths, has gradually increased curbs, including imposing a nationwide curfew, suspending passenger flights and putting Dubai in […]
CLICK HERE TO READ MORE
British Prime Minister Boris Johnson was still in hospital on Monday suffering persistent coronavirus symptoms 10 days after testing positive for the virus, though Downing Street said he remained in charge of the government. “The prime minister is still at hospital,” a British government source said. “He spent the night in hospital.” Johnson, who had […]
CLICK HERE TO READ MORE