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Friday, June 5th, 2015

 

Budget 2015-16: Cabinet approves outlay of Rs. 4.313 trillion

ISLAMABAD: The federal cabinet on Friday approved the budget for the fiscal year 2015-16 (FY2015-16), with a total outlay of Rs4.313 trillion, which is 9.1 per cent higher than the revised 2014-15 outlay of Rs3.9tr. Finance Minister Ishaq Dar while presenting the budget for fiscal year 2015-16 on the floor of the National Assembly said a growth rate target of 5.5pc had been set for the upcoming year, which he said is budgeted to reach 7pc by the end of PML-N government’s tenure in 2017-18 Before announcing the budget, theRead More


ASWJ central president Faooqi arrested in Taxila

TAXILA: The central president of Ahle Sunnat Wal Jamaat (ASWJ) Aurangzeb Farooqi arrested in Taxila on Friday. According to the details, Farooqi was arrested while he was travelling with his family on a personal trip. He had attended a rally in Murree a day earlier, following which a First Information Report (FIR) was registered against him at a Rawalpindi police station. In the wake of his arrest, protests have erupted in the twin cities of Islamabad and Rawalpindi. Earlier in Feb, Farooqi had been targeted by unknown gunmen near QuaidabadRead More


EDITORIAL: The Naltar Helicopter crash: some musings

ANSAR MAHMOOD BHATTI The Naltar helicopter crash on May 08, 2015, ostensibly jolted the entire diplomatic community in particular and common Pakistanis in general as eight precious lives were lost. Ambassadors of Norway, the Philippines and Indonesia and wives of Indonesian and Malaysian ambassadors lost their lives in this deadly crash. Both pilots of Pakistan Air Force also embraced martyrdom. Though one cannot do anything to avoid such calamities, yet certain pre-cautionary measures can surely contribute towards limiting risks to human lives. The Gilgit area is dangerous and difficult inRead More