Govt okays hike in K-Electric tariff

ISLAMABAD: The federal on Friday maintained its three-month-old decision to extend power tariff for K-Electric consumers by 22.5% from July, turning down a review request by the Ministry of Energy thanks to a heightened political temperature within the metropolitan city. The Economic Coordination Committee (ECC) of the cupboard “discussed the difficulty of quarterly adjustments for K-Electric Limited for the amount from July 2016 to March 2019 and affirmed its

Pakistan, China FMs to meet soon amid regional tension

ISLAMABAD: As tensions deepened between Pakistan and India on the one hand and China and India on the opposite , Islamabad and Beijing have decided to rearrange a face-to-face meeting of their foreign ministers to debate the evolving situation. The decision was taken during a telephonic conversation between secretary of state Shah Mehmood Qureshi and Chinese State Councillor and secretary of state Wang Yi on

Court gives NAB until Aug 6 to file final reference against Abbasi in LNG case

ISLAMABAD: An accountability court in Islamabad on Friday gave the National Accountability Bureau (NAB) till Transfiguration to file a final reference against former prime minister Shahid Khaqan Abbasi within the liquefied gas (LNG) case. The deadline was given during the hearing, which was presided by Judge Azam Khan. Abbasi and other accused within the case, Azimi Adil, were present before the court. Counsel

Karachi can do better on Covid-19 SOP compliance, says Asad Umar

ISLAMABAD: Karachi has yet to ascertain improvement with regards to implementation of coronavirus SOPs, said Planning and Development Minister Asad Umar on Friday. Briefing the media at the National Command and Operation Centre (NCOC) in Islamabad, he expressed satisfaction at increased compliance on standard operating proceedures (SOPs) by the people, which he said has helped check the

Smart lockdown affects traffic flow in Lahore

LAHORE: Commuters face problems in traveling the capital after the sealing of seven main areas to contain the spread of the novel coronavirus pandemic. The sealed areas include posh localities of the town also congested ones. They include all phases of the Defence Housing Authority (DHA), Gulberg, Gulshan-e-Ravi, Garden Town, Faisal Town, Model Town and Walled City. The areas house many people, while some important roads

Global airlines initiate probe against Pakistani pilots

ISLAMABAD: After the revelation by Aviation Minister Ghulam Sarwar Khan that 262 Pakistani pilots were holding fake or dubious licences, the international airlines have initiated probe against Pakistani employees. According to the sources, Kuwait Air has grounded seven Pakistani pilots and 56 engineers, while Qatar Airways, Oman Air and Vietnam Airlines have compiled lists of

A stabilised budget

LAHORE: A careful analysis of budget documents indicates that the govt intends to tread a stabilisation path in financial year 2020-21. Media commentators, analysts and public intellectuals have come down hard on the budget, which has been presented during a crisis situation. The budget documents have as- sumed an accommodative mon- etary policy along side a versatile rate of exchange regime with mod- erate inflation

Dual threats imperil Pakistan’s agriculture sector

KARACHI: the tiny locust swarm – which may consume an equivalent amount of food in one-day as 35,000 people – including the Covid-19 crisis have put food security in danger in Pakistan because the federal and provincial governments are less focused on the agriculture sector. The latest findings of the planet Economic Forum (WEF) suggest alittle swarm (on a neighborhood of 1 square kilometre) may contain up to 80 million locusts. they will consume an equivalent amount of

Opposition ‘unanimously’ rejects budget

ISLAMABAD: The opposition parties on Sunday “unanimously and unequivocally” rejected the federal allow subsequent financial year 2020-21 before Monday’s (today) crucial voting within the National Assembly for its passage. Leaders of the Pakistan Peoples Party (PPP), Pakistan Muslim League-Nawaz (PML-N), Jamaat-e-Islami (JI), Jamiat Ulema-e-Islam-Fazl (JUI-F), Awami National Party (ANP), Balochistan National Party-Mengal (BNP-M), National Party (NP) and Qaumi Watan Party (QWP) termed the

NA passes Finance Bill 2020-21 as opposition amendments rejected

ISLAMABAD: The National Assembly on Monday passed the “tax free” federal budget 2020-21 with majority vote, having a complete outlay of quite Rs7.2 trilion. Minister for Industries and Production Hammad Azhar moved the Finance Bill 2020-21 within the lower house of parliament to offer it a legal cover and to amend certain laws. The house passed the Finance Bill, 2020 and rejected the