Sunday, November 7th, 2021
Govt taking concrete measures to reduce inflation: Shaukat Tarin
Islamabad : Advisor to the Prime Minister for Finance Shaukat Tarin has said that Pakistan Tehreek-e-Insaf government is trying to reduce circular debt without putting burden on the common people. Talking to a private news channel, he said government is making all-out efforts to strengthen the national economy. The Advisor said government is taking some concrete measures to reduce inflation because it is the major issue for the incumbent government. He said after the passage of 18th constitutional amendment, it is prerogative of the provinces to fix the prices ofRead More
President urges Ulema to perform role in character building of nation
Islamabad : President Dr Arif Alvi has urged the Ulema to perform their role in character building of the nation and educate people about the protection of the rights of women and minorities. Talking to the Minister for Religious Affairs Nurul Haq Qadri in Islamabad, he said the mosque has a vital role in spreading the teachings of Islam regarding social issues. The President said the Ministry of Religious Affairs has an important role in promoting interfaith harmony among religions and sects. He said the formation of Rehmatul lil AalameenRead More
Coronavirus Claims 20 More Lives In the Last 24 Hours
ISLAMABAD : 20 more people succumbed to the Covid-19 pandemic in Pakistan in the previous 24 hours, pushing the death toll to 28,538. According to the National Command and Operation Centre (NCOC), 471 new patients of the viral disease surfaced when 43,348 samples were tested during this period. The positivity rate was recorded at 1.08 per cent, the NCOC said, adding that the number of critical care Covid-19 patients stood at 1,233. Earlier on November 5, the Economic Coordination Committee (ECC) had approved a technical supplementary grant worth $190 millionRead More
Pakistan accepts costliest-ever LNG cargo amid gas crisis
ISLAMABAD, NOV 7: Pakistan on Saturday accepted an LNG cargo at the highest-ever price of $30.6 per Million British Thermal Units (mmbtu) from Qatar Petroleum on the grounds of averting a possible gas crisis in the upcoming peak winter month. The Pakistan LNG Limited (PLL) had floated emergency bids for two cargoes to be supplied in November, as the firms involved, Gunvor and ENI, had defaulted on their commitments. The PLL has short- and long-term agreements with Gunvor and the ENI for one LNG cargo each every month, but bothRead More