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Thursday, May 19th, 2022


Maryam says early elections suit PML- N

s SARGODHA: Pakistan Muslim League Nawaz Vice President Maryam Nawaz Sharif has said that instead of shouldering the burden of ‘filth’ left by Imran Khan, the PML-N should quit the government and go for fresh elections. Addressing a public gathering in Sargodha on Thursday, Maryam said that her proposal may make people wonder why PML-N took to the government for only one month. She supplied the answer by saying that Imran Khan had plans for ruling for ten years by rigging the next elections and the PML-N had thwarted thoseRead More

Govt imposes ban on non-essential items’ import

Info Minister says the government will hold elections “when it wishes to” Shujaat Hamza ISLAMABAD: Information Minister Marriyum Aurangzeb announced Thursday the federal government has devised an economic plan in a bid to take the country out of the financial turmoil and, “for the first time”, a complete ban has been imposed on luxury or non-essential items. “This is an emergency situation and Pakistanis will have to make sacrifices under the economic plan. This will have a quick impact on foreign reserves. The ban will have an impact of $6Read More

Foreign Minister’s telephone call with Senator Lindsey Graham

Foreign Minister Bilawal Bhutto Zardari emphasized the importance of a broad based and sustained engagement between Pakistan and the US in his telephone call today with Senator Lindsey Graham. Senator Graham invited the Foreign Minister to visit Washington DC for detailed interaction with members of Senate leadership. Foreign Minister accepted his invitation. Exchanging views on various aspects of Pakistan-U.S. relations, the Foreign Minister highlighted Pakistan’s immense potential for US investors, especially in tech, energy and agriculture sectors. Senator Graham endorsed the long-standing bilateral relationship between both countries and assured theRead More


Islamabad:   Chief of the Naval Staff Admiral Muhammad Amjad Khan Niazi is on official visit to Egypt. During the visit Naval Chief Called-on Commander-in-Chief of Egyptian Navy. Upon arrival at Egyptian Naval Headquarters, the Admiral was received by Commander in Chief of Egyptian Navy and was presented Guard of Honour.                 During Call-on with Egyptian Naval Chief, matters of bilateral naval collaboration and regional maritime security were discussed. Chief of the Naval Staff Admiral Muhammad Amjad Khan Niazi underscored Pakistan Navy’s initiative for ensuring maritime security in the regionRead More

USPICC, Greater New York Chamber to hold single country expo

The US-Pakistan International Chamber of Commerce (USPICC) and Greater New York Chamber have affirmed their existing partnership and agreed to hold a single country exhibition in New York on September 23. This was decided in a meeting between President of USPICC Sajjad Qamar, Zubair Tufail, President of the United Business Group (UBG) and former president of FPCCI,  Secretary-General of USPICC Malik Sohail and President and CEO of the Greater New York Chamber of Commerce Mr Mark Jaffe. They agreed to work together to promote trade and commerce by exploring opportunitiesRead More

US dollar hits double century, busts all previous records to breach Rs200-threshold in interbank

KARACHI: With the uncertainty over the revival of the International Monetary Fund (IMF) loan programme amid increasing political pressure on the government to announce snap polls, the Pakistani rupee slumped to a new historic low in the interbank market. With a fresh decline of Rs1.81, or 0.91%, the local currency was trading at Rs200.20 against the greenback at 10:13am during intraday trade on Thursday,  The rupee had closed at Rs198.39 yesterday; however, in line with the analysts predictions, the currency surpassed the startling milestone of 200 within the first few hours ofRead More