Latest posts
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IMF Agrees to Continue Petrol Subsidy Scheme with Cap on New Beneficiaries
IMF Agrees to Continue Petrol Subsidy Scheme on Condition of No New Beneficiaries; Staff-Level Agreement Expected This Week ISLAMABAD: The talks between the government and the International Monetary Fund (IMF) have taken a serious turn for the worse, with the global lender agreeing to allow the government to go ahead with its petrol subsidy scheme,…
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Powering Pakistan’s Green Revolution: How OGDCL’s Landmark PINSTECH Deal is Turning Subsurface Brine Into a National Treasure
While conventional energy companies remain tied solely to fossil fuels, Pakistan’s national flagship, the Oil and Gas Development Company Limited (OGDCL), is aggressively future-proofing the nation’s economy. In a monumental technical partnership, OGDCL has signed a major agreement with the Pakistan Institute of Nuclear Science and Technology (PINSTECH) to conduct advanced elemental and radioactive profiling…
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Ministry of Finance Fulfills Another IMF Condition
Ministry of Finance Fulfills Another IMF Condition; SOEs’ Six-Month Profit Declines to Rs423.3 Billion Amid Economic Adjustments ISLAMABAD: The Ministry of Finance has just officially published the detailed bi-annual performance report of State Owned Enterprises (SOEs) for the first half of the fiscal year, as part of another IMF conditionality requirement The total profits of…
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What Is Happening in Yemen Is a Response to Houthi Attacks, States US Secretary of State Marco Rubio
What Is Happening in Yemen Is a Direct Response to Houthi Aggression, States US Secretary of State Marco Rubio; Expresses Full Confidence in Military Base Security WASHINGTON : United States Secretary of State Marco Rubio has said that continued Houthis attacks on stability in the region warrant continued military action and counter-action in Yemen. In…
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Sahibzada Farhan Appointed Pakistan T20 Captain; Squad Announcement Expected Shortly
Sahibzada Farhan Approved as New Pakistan T20 Captain; Official Announcement of T20 and ODI Squads Expected Shortly LAHORE: In a major leadership shake-up, the Pakistan Cricket Board (PCB) has officially approved the appointment of Sahibzada Farhan as the new captain of the national T20 team. According to insider sources, a high-level meeting concluded with the…
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Iranian Army Chief Major General Amir Hatami Warns of Crushing Response to Any Renewed Enemy Mistake
If the Enemy Makes Another Mistake, the Iranian Army Will Crush Them, Warns Army Chief Major General Amir Hatami TEHRAN: If the enemies make any more military mistake, Iran’s army will crush them and give them a devastating response, says Iranian Army Commander-in-Chief Major General Amir Hatami. General Hatami, reviewing military capabilities and talking to…
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President Zardari and Prime Minister Expected to Meet Soon for Consultations on Governor’s Rule or Emergency in KP
President Zardari and Prime Minister Expected to Meet Shortly; Consultations to Focus on Governor’s Rule or Emergency in Khyber Pakhtunkhwa ISLAMABAD: The President of the state, Asif Ali Zardari, is likely to have a high level meeting with the Prime Minister Shehbaz Sharif soon to discuss the fast-changing political, constitutional and security scenario in KP.…
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Customs Recommends Joint Investigation Team for Rs1.3 Billion Under-Invoicing and Trade-Based Money Laundering Case
Customs Recommends JIT Over Suspected Billions in Trade-Based Money Laundering; Two Private Companies Declared Fake Entities KARACHI: After the discovery of a big Rs1.3 billion under invoicing scam linked to two private companies that were declared as alleged fake and paper entities by Pakistan Customs, the agency has suggested the establishment of a Joint Investigation…
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Our People Are Peaceful and No Bullets Should Be Fired, Says PTI Chairman Barrister Gohar
Our People Are Peaceful and No Bullets Should Be Fired, Says PTI Chairman Barrister Gohar; Long March Will Continue ISLAMABAD: In a speech, Barrister Gohar Ali Khan, Chairperson of the Pakistan Tehreek-e-Insaf (PTI) has stated that protesting is a democratic right and that however strong or loud the protest is, it cannot be violent. Speaking…
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Yemeni Security Forces Seize Control of Bab el-Mandeb and Dhubab Airport Under “Dawn of Yemen” Offensive
Yemeni Security Forces Take Control of Bab el-Mandeb and Dhubab Airport; Hundreds of Houthi Fighters Reported Besieged SANAA: In a big military escalation, the security forces in Yemen have been able to take full control of the strategic port of Bab el-Mandeb and the airport in Dhubab.The government forces, under a new large-scale operation dubbed…