Peshawar Zalmi have set a target of 124 runs for Multan Sultans as the city of saints hosts its first-ever Pakistan Super League (PSL) match. Though Haider Ali looked in impressive form, making 47 runs off 27 balls, he couldn’t find a steady partner in the batting lineup as wickets kept falling at the other […]
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ISLAMABAD: Highlighting six key reasons behind a massive revenue shortfall in first half of the current fiscal year, Ministry of Finance has credited the offices of President and Prime Minister for leading the austerity drive by example. It reported six major reasons behind the shortfall including unprecedented compression in imports, lower consumption of petroleum products, […]
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KARACHI: Businessmen and industrialists are not placing fresh orders for imports amid fears around the coronavirus which has claimed lives of over 2,500 people. This has impacted the clearance of goods at Chinese ports while no issues are being encountered at the local ports. Industrialists are also trying to manage raw materials from other countries […]
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ISLAMABAD: Prime Minister Imran Khan on Tuesday said the previous year was challenging in terms of stabilising the economy but since achieving stabilisation, the government is now focusing on socioeconomic growth. Meeting a delegation of foreign investors — led by Head of Strategist FIM Partners Matthew Vogei which called on him here at the PM […]
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ISLAMABAD: The Federal Board of Revenue (FBR) will implement rules in three areas in the next few days as part of compliance with recommendations of the Financial Action Task Force (FATF) regarding anti-money laundering and combating financing of terrorism (AML/CFT) in Pakistan. The rules will cover real estate, gems and jewellery sectors to minimise chances […]
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A sea of red washed across Asian markets on Wednesday, with the coronavirus spreading rapidly around the world and health chiefs warning that governments were not prepared for the outbreak. The heavy selling, after a day of relative calm caused by bargain-buying, followed another rout on Wall Street where all three main indexes lost around […]
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Prime Minister Imran Khan on Wednesday said that the manner in which Pakistan had responded to Indian aggression in February 2019 was indicative of the nation’s maturity. Addressing a ceremony in Islamabad held to commemorate ‘Pakistan’s Responsible and Resolute Response to Indian Aggression’ of Feb 26 last year, the premier said the country was prepared […]
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Newly appointed Attorney General of Pakistan Khalid Jawed Khan on Wednesday said that he and the law minister “are equals” and that he would have a good working relationship with the government. In an informal conversation with reporters at the Supreme Court, the attorney general also said that the “autonomy of [his] office” is his […]
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An antiterrorism court in Karachi on Wednesday exonerated two detained accused in a case pertaining to the murder of a senior police officer due to lack of evidence. The accused — Zafar Ali alias Saeen and Obaid alias Aabi — were acquitted of charges of their alleged involvement in the suicide attack on the motorcade […]
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LAHORE: The Lahore High Court on Tuesday sought assistance from Attorney General Khalid Jawed Khan on a petition filed by PML-N Vice President Maryam Nawaz seeking one-time permission to travel to London to inquire after her ailing father former prime minister Nawaz Sharif. “We want to hear point of view of the attorney general on […]
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