Friday, March 26th, 2021
Pakistan’s re-entry to the IMF programme welcomed
DNA KARACHI – Chairman of National Business Group of FPCCI, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid on Friday welcomed Pakistan’s re-entry to the $6bn IMF programme. The development will improve confidence of the developed world and international institutions but it would be at a cost, he said. Mian Zahid said that the process of reforms is underway for decades but the focus is not national development but to please the lenders. Talking to the business community, the veteran business leaderRead More
FPCCI rejects the increase in electricity rates
DNA Karachi – The President and the Bearers at the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) have shown concerns over the per unit increase in electricity rates. The Federation is of the opinion that this all is being done on the behest and to meet the conditions of International Monetary Fund. Mr. Nasser Hyatt Maggo, the President FPCCI, rejects the government’s move of raising power, besides periodically increasing rates of petroleum products, which will have consequential effect on cost of production in industrial sector besides the sympatheticRead More
Germany’s Merkel: EU needs contact with Turkey at every level
BERLIN, MAR 26 – The EU needs to establish contact with Turkey at every level, Germany‘s chancellor said late on Thursday. Speaking at a news conference after a video summit of European leaders, Angela Merkel welcomed the de-escalation of tensions in the Eastern Mediterranean. She said one of the main topics in Thursday’s summit was the EU-Turkey migration deal signed back in 2016. Merkel said the agreement’s utility has been proven with time, as it reduced irregular migration, curbed human smuggling, and helped a large number of refugees. “Now we need a two-step approach that we have actually decided on. We areRead More
Gillani declared as leader of the opposition in Senate
ISLAMABAD: Senate Chairman Muhammad Sadiq Sanjrani has declared Syed Yusuf Raza Gillani as leader of the opposition in the Senate with effect from March 26. The chairman declared Yusuf Raza Gillani as leader of the opposition, in pursuance of Rule 16 (3) of the Rules of Procedure and Conduct of Business in the Senate 2012, said a notification issued here on Friday.
Punjab Cultural Float unfolds with changing colors in context of colorful culture
Rawalpindi: Punjab Cultural Float remained a great source of attraction for the participants of the National Day parade 2021 at Parade Ground Islamabad prepared by Punjab Council of the Arts under guidance its Executive Director Rizwan Sharif. Folk artists in their traditional dresses were dancing in front of Punjab Float led by Director Waqar Ahmed with national flag. Famous folk singer Saeen Zahoor and Bashir Lohar performed in front of cultural village on the float. The model of Punjab University depicted the importance of education and its importance as aRead More
Pakistan conducted successful flight test of Shaheen-1A
RAWALPINDI: Pakistan today conducted successful flight test of Shaheen-1A surface to surface ballistic missile, having a range of 900 kilometers. The test flight was aimed at re-validating various design and technical parameters of the weapon system including advanced navigation system. Flight test was witnessed by Lieutenant General Nadeem Zaki Manj, Director General Strategic Plans Division, Dr. Raza Samar, Chairman NESCOM, Lieutenant General Muhammad Ali, Commander Army Strategic Forces Command and the scientists and engineers of strategic organizations. Director General Strategic Plans Division congratulated scientists and engineers on the conduct of thisRead More