ISLAMABAD, MAY 12 (DNA) — The suspension of mobile broadband internet services from Tuesday has resulted in loss of Rs2.49 billion to Pakistan’s telecom sector.   The mobile broadband internet services remained suspended for the consecutive fourth day in several parts of the country in the aftermath of the riots triggered by the arrest of PTI Chairman Imran Khan.   The government generates revenue of Rs280 million from mobile broadband services on a daily basis and the suspension of the services has caused a loss of almost Rs860 million toRead More

PESHAWAR, MAY 12 (DNA) — The Khyber Pakhtunkhwa Police on Friday raided Pakistan Tehreek-e-Insaf (PTI) leader Murad Saeed’s house in Swat. The PTI leader was not present at his home during the raid, according to police.   It is pertinent to mention here that police have arrested several senior leaders of Pakistan Tehreek-e-Insaf (PTI) in different cities of the province since May 9 as crackdown against PTI workers continues.   Earlier today, Police have arrested Pakistan Tehreek-e-Insaf (PTI) leaders including senior vice president Shireen Mazari and PTI Central Punjab President,Read More

DNA Karachi, MAY 12: Pakistan Business Forum (PBF) suggested the government to take effective economic measures including in the coming federal budget to encourage business activities in the country with a flavour of austerity measures in the public sectors. Sharing the Forum’s proposals for upcoming federal budget 2023-24 with media, PBF President Mian M. Usman Zulfiqar along with core committee members stressed the need for establishing export warehouses at the borders to uplift trade with neighboring countries and incorporating the agriculture and service sectors into the tax net. In anRead More

ISLAMABAD, MAY 12: The Supreme Court has fixed for Monday (May 15) the Election Commission of Pakistan’s (ECP) plea asking the top court to revisit its order of holding elections to the Punjab Assembly on May 14. The petition will be heard a day after the court-ordered election deadline lapses. A three-member bench, comprising Chief Justice of Pakistan Umar Ata Bandial and Justices Ijazul Ahsan and Munib Akhtar will take up the plea next week — the same bench that had issued the order for elections in Punjab. In aRead More

Industries Minister running campaign for FPCCI polls LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) on Friday expressed its serious concern over the involvement of Punjab Caretaker Minister in trade politics, who has been driving campaign for a particular group, violating the election code of conduct, as the Election Commission of Pakistan (ECP) rules bar a caretaker set-up from performing such acts. In a statement issued here, the spokesperson of the PIAF observed that the Election Act 2017 unequivocally restricts a caretaker set-up to only run everyday affairs ofRead More

ISLAMABAD, May 12 (DNA): Pakistani rupee jumped Rs.13.85 against the Dollar in the interbank trading on Friday and closed at Rs 285.08 against the previous day’s closing of Rs 298.93. According to the Forex Association of Pakistan (FAP), the buying and selling rates of Dollars in the open market were recorded at Rs 292 and Rs 295, respectively. The price of the Euro decreased by Rs 15.90 to close at Rs310.95 against the last day’s closing of Rs 326.85, according to the State Bank of Pakistan (SBP). The Japanese YenRead More