Wednesday, July 20th, 2022
Army chief inaugurates state-of-the-art Tunneling Institute
Rawalpindi, JUL 20 /DNA/ – General Qamar Javed Bajwa, Chief of Army Staff (COAS) visited Tunneling Institute of Pakistan (TIP). COAS inaugurated state of the art Tunneling Institute, an initiative of FWO. TIP is aimed at promoting professional tunnelling expertise including research and development and synergize tunneling resources. TIP will provide a distinctive platform to encompass tunneling education through both tunneling academia and industry experts. TIP is only sixth such facility in the World which has been completed and operationalized within planned time frame of 10 months by FWO. Later,Read More
The privatization of Haifa Port: India 1 China 0
I2-U2, the Indo-West Asian quad, has boasted its first success with the acquisition by Indian billionaire Gautam Adani of Haifa Port. The acquisition was announced days after an I2-U2 virtual summit during US President Joe Biden’s visit last week to the Middle East. The acquisition by a close associate of Indian Prime Minister Narendra Modi, in a joint bid with Israeli company Gadot, constitutes success in US-backed efforts to counter China’s first starter advantage as its infrastructure-driven, multipronged Belt and Road Initiative (BRI) seemingly stalls. The port deal, in which Mr.Read More
Finance Minister assures to introduce fixed tax for marble industry
Islamabad, JUL 20 /DNA/ – Miftah Ismail, Federal Minister for Finance assured that he would introduce a fixed tax regime for the marble industry in order to facilitate it in growth and boosting exports of the country. He said this while talking to a delegation of marble sector that called on him led by Muhammad Shakeel Munir, President, Islamabad Chamber of Commerce & Industry. Asim Ahmed Chairman FBR, Muhammad Anwar Sheikh Additional Secretary Finance, Bilal Azhar Kayani Coordinator to PM on Economy & Energy, were also present at the occasion.Read More
Rupee dip against dollar due to political situation: Finance Minister
ISLAMABAD – Finance Minister Miftah Ismail has said the trade fundamentals have been corrected as a result of measures taken by the present government over the last few months. Addressing a news conference in Islamabad on Wednesday, he said there has been reduction in imports during this period. He said this has helped create a balance between imports and exports and remittances. The Finance Minister pointed out that the trade deficit was forty eight billion dollars and Current Account Deficit stood at seventeen billion dollars during the last fiscal year,Read More
PTI forms counter-victimization committee in Punjab
We have not forgotten May 25, won’t let anyone else forget: Asad ISLAMABAD: /DNA/ – Under a well-conceived move to take legal actions against police officials involved in taking illegal and criminals actions against Pakistan Tehreek-e-Insaf’s (PTI) members in Punjab on May 25, the PTI constituted a five-member powerful committee to counter political victimization of their leadership and workers in the province. According to details, the five-member would be headed by Shafqat Mehmood while Aamir Mehmood Kiani, Yasmin Rashid, Own Abbas Buppi and Raja Basharat are also included in theRead More
Shafique stars as Pakistan complete record chase to win in Galle
GALLE – Abdullah Shafique hit an unbeaten 160 as Pakistan chased down a record target of 342 at Galle to win a tense opening Test by four wickets against Sri Lanka on Wednesday. Shafique hit the winning runs in the final session of play on day five to take a 1-0 lead in the two-match series. Left-arm spinner Prabath Jayasuriya took a match haul of nine wickets but his efforts were in vain as Pakistan battled past the previous best chase in Galle of 268 by Sri Lanka against NewRead More