Sunday, April 30th, 2023
President Alvi returns another bill seeking amendments to NAB law to Parliament
ISLAMABAD, APR 30: President Arif Alvi on Sunday returned the National Accountability (Amendment) Bill, 2023 to Parliament, stating that previous amendments to the accountability laws were sub judice before the Supreme Court (SC). Earlier this month, the bill, dubbed “part two of NRO-2” by the opposition, had sailed through the Senate without being referred to the standing committee concerned. The bill, which had already been passed by the National Assembly, was moved in the Senate by Law Minister Azam Nazeer Tarar amid a protest by senators belonging to the PTI.Read More
Record inflation, high cost of doing business hurting economic growth: APBF
ISLAMABAD – The All Pakistan Business Forum (APBF) has warned the record inflation and high cost of doing business has been continuing to hurt economic growth, demanding of the authorities concerned to take serious measures to keep it in control. APBF President Syed Maaz Mahmood said that the most serious threat to the economy in the current fiscal year is hyperinflation, as the government plan of approaching the International Monetary Fund (IMF) for financial assistance has brought a fresh wave of price-hike, because inflation is already hitting due to continuousRead More
How to celebrate 1st May, as International Labor Day?
Written By: Sayed Sajid Shah Bokhari To utilize Human talent properly and exploit the resources for ones own prestige and income had always remained the top most priority of rulers in the past. Even in the scientific period of todays world with the creation of mechanic robots the workload of human labors could not be minimized. The use of human potential by capitalist as labor is still not only cheapest but manipulation as well. From time immemorial the same pattern had beenin continuation with worst practices. Cashing the workers outputRead More
Shaping a 21st-century world order: The nation-state vs the civilizational state
US President Joe Biden positions the Ukraine war as a battle between autocracy and democracy. That reduces what is at stake in the war. The stakes constitute a fundamental building block of a new 21st-century world order: the nature of the state. Russia’s invasion of Ukraine represents the sharp end of the rise of a critical mass of world leaders who think in civilizational rather than national terms. They imagine the ideational and/or physical boundaries of their countries as defined by history, ethnicity, culture, and/or religion rather than international law.Read More
4th IoBM Inter-University Boys Futsal Championship to begin on May 1
4th IoBM Inter-University Boys Futsal Championship to begin on May 1 Karachi, APR 30 /DNA/ – The Institute of Business Management (IoBM), Karachi is hosting the 4th IoBM Inter College/University Boys Futsal Championship 2023 on May 1 and 2, 2023. As many as 16 teams representing various universities across Karachi are participating in this tournament. The teams have been divided into four pools and the Championship will progress through the round, quarter-finals, semi-finals, and final. The group round matches will be played on May 1. The knockout matches will beRead More
Pakistan’s Informal Economy and Its Impact on Economic Growth
Muhammad Shahzad Akram Researcher at CISS-AJK. He holds an MPhil degree in International Relations from Quaid I Azam University, Islamabad. The size and characteristics of the informal economy vary widely across countries and regions, but it is estimated that around 61% of the world’s workforce is employed in the informal economy. This corresponds to approximately 2 billion people, according to the International Labour Organization (ILO). The size of the informal economy is generally higher in developing countries, where formal job opportunities may be limited and where regulations and enforcement mechanismsRead More