Prime Minister Shehbaz Sharif on Monday directed for a third-party audit of the Ramazan Relief Package and instructed the authorities concerned to replicate the disbursement of the funds to the needy families through the “digital wallet system” in other government schemes. Shehbaz praised the efforts of the State Bank of Pakistan (SBP), the National Database […]
The salaried class paid staggering Rs331 billion income tax in the eight months of the current fiscal, which is 1,350% more than the taxes paid by retailers, but still not enough for the government to seek relief from the International Monetary Fund (IMF) for the marginalised segment. The total income tax contributions by the salaried […]
Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari has expressed concerns over the absence of key political parties from the recent high-level security meeting, urging Prime Minister Shehbaz Sharif to bring all hands on deck by reconvening the session with full participation. Speaking to party workers at the Punjab Governor’s House on Monday, Bilawal stressed […]
A three-member larger bench of the Islamabad High Court (IHC) on Monday restored the two days of weekly visits to Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan but banned the media talks by the visitors after the meeting. The bench, led by Acting Chief Justice Sarfraz Dogar and including Justice Arbab Muhammad Tahir and Justice Muhammad […]
Chinese carmaker BYD saw a surge in revenue last year, surpassing the $100 billion mark and beating rival Tesla as the electric vehicle giant accelerates its overseas expansion. The Shenzhen-based firm has emerged in recent years as the clear leader in China’s highly competitive EV market, which is the largest in the world. It is […]
Zimbabwean Ambassador Titus MJ Abu Basutu has stressed that the private sector and chambers of commerce of Pakistan and Zimbabwe can play a pivotal role in unlocking new business opportunities to strengthen economic relations and enhance trade volume. “Both countries have abundant trade and investment opportunities and they should capitalise on each other’s strength,” the […]
Special Assistant to the Prime Minister on Industries and Production, Haroon Akhtar Khan, emphasised on Monday that collaboration with the private sector is essential to addressing large-scale industrial production challenges. During a meeting with Engro Corporation Chairman Hussain Dawood, Khan highlighted the government’s efforts to promote investment and create an enabling environment for industrial growth. […]
Ambassador of Turkiye to Pakistan, Irfan Neziroglu, met with Federal Minister for Climate Change and Environmental Coordination, Musadik Malik, on Monday to discuss enhancing bilateral cooperation in forestry and climate change initiatives, with a focus on carbon credit projects. According to a statement, both sides agreed to collaborate on carbon credit-related initiatives and explore global […]
Airbus and Boeing are preparing the aerospace industry for sharp increases in output of the next generation of workhorse jets to some 100 a month each, as they explore lighter plastic materials and robotic assembly, industry sources said. Facing weak supply chains and a potentially lengthy wait for future engine developments, the world’s two largest […]
Miley Cyrus has revealed her upcoming album, Something Beautiful, set to be released on May 30 via Columbia Records. This will be the pop star’s ninth solo studio album and follows her 2023 hit, Endless Summer Vacation, which included the chart-topping single “Flowers.”Cyrus worked closely with renowned producer Shawn Everett to create the album, which […]