LAHORE:The district administration claimed on Tuesday to have retrieved six kanal land belonging to Dar-ul-Shafqat, an orphanage in Lahore, worth million of rupees during an operation. A special team, under the supervision of Assistant Commissioner City Adnan Rasheed with heavy machinery launched the operation in Sabzazar area and demolished, building structures, under-construction houses and […]
Read MoreISLAMABAD:Federal Minister for Finance and Revenue Miftah Ismail on Tuesday while rubbishing the rumours, clarified that the government had made no increase in the petroleum prices. In a Tweet, the minister said that there is no summary or plan to increase the petroleum prices. “In the pre-budget seminar I never even spoke about […]
Read MoreISLAMABAD:The Islamabad Capital Territory (ICT) Police have arrested five criminals including drug peddlers from different areas of the city, recovered 495 gram hashish and three bore pistols with ammunition from their possession, a police spokesman said on Tuesday. He, in a news release, said two accused arrested by the teams of Koral and Khana […]
Read MoreISLAMABAD:Minister for Information and Broadcasting Marriyum Aurangzeb on Tuesday refuted the rumours circulating in different sections of the media about another raise in the prices of petroleum products. The minister, in a tweet, said the speculations on the increase of petroleum products’ prices were “absolutely false”. No decision had been taken by the government […]
Read MoreThe finance minister said Pakistan’s model of growth was not perfect, under which incentives were given to the rich industrialists to install new factories, which led to generation of new jobs. It resulted in rising import bill due to import of new machinery and consumers’ goods. With increasing imports, the current account deficit started […]
Read MoreKARACHI:The State Bank of Pakistan on Tuesday, allowed Development Finance Institutions (DFIs) to participate in open market operations (OMOs) to facilitate liquidity management. Central Bank’s Domestic Market and Monetary Management Department through its circular permitted DFIs taking part in Open Market Operations like schedule banks and primary dealers. “Accordingly, DFIs would also be […]
Read MorePESHAWAR:The International Water Management Institute (IWMI) Pakistan organized a workshop for print and electronic media journalists to sensitize them on Pakistan’s water security challenges. According to a press release issued here on Tuesday, the event was organized to mark the World Environment Day, which is celebrated every year on 5 June to raise awareness […]
Read MoreKARACHI:Daraz, Pakistan’s biggest online marketplace, was announced as the winner of the Employer of Choice for Gender Diversity Awards, organized on Tuesday jointly by International Finance Corporation (IFC) and the Pakistan Business Council (PBC) to improve economic opportunities for women. The awards, which are supported by UK Aid, celebrate private sector employers in the […]
Read More