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Sunday, August 28th, 2016

 

MQM MNA Asif Hasnain defects to Kamal’s PSP

MQM MNA Asif Hasnain joins Kamal's PSP

KARACHI: Muttahida Qaumi Movement (MQM) MNA Asif Hasnain on Sunday joined former Karachi mayor Mustafa Kamal’s Pak Sarzameen Party (PSP). Speaking to journalists, Kamal invited others to join the party. “If you have a problem with Altaf, leave the mandate. It is not your mandate, it is his mandate,” Kamal said. The PSP chief was critical of the Farooq Sattar’s announcement that the MQM had completely disassociated itself from the party’s London-based supremo. “This is a fixed match,” he claimed. “There is an understanding between Farooq Sattar and Altaf Hussain,”Read More


Power sector circular debt surpasses Rs684 billion: IWCCI

DISCOs performance

ISLAMABAD, AUG 28 (DNA) –Islamabad Women Chamber of Commerce and Industry (IWCCI) on Sunday expressed serious concern over escalating power sector circular debt which has crossed mark of Rs684 billion for the very first time in the history of Pakistan. During 2012 the PPP government blamed high oil prices for the circular debt which were around 109 dollars per barrel while in 2013 the PML-N led government paid Rs480 billion to claim that the circular debt has been buried forever, it said. However, both the claims proved false as circularRead More