Listen to the article KARACHI: The Sensitive Price Indicator (SPI), a key indicator of short-term inflation, recorded a weekly decline of 0.39% for the week ended January 16, 2025. However, on an annual basis, the reading has increase. up 1.16%. The decline in the inflation rate compared to the previous week was mainly due to […]
Short-term inflation falls by 0.39% following the fall in food prices Read More »
Listen to the article ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) is likely to reduce electricity tariffs by Rs 1,035 per unit as part of the monthly fuel price adjustment for December 2024, which will bring some relief to electricity consumers, who pay very high prices. The Central Power Purchasing Agency-Guarantee (CPPA-G) has submitted
A tariff reduction of Rs1.03 is expected Read More »
Listen to the article ISLAMABAD: Talks between the PTI and the ruling PML-N will continue despite the conviction of PTI founder Imran Khan and his wife in a corruption case, PTI Chairman Ali Gohar Khan announced on Friday. “[Talks] will not be interrupted because of this [judgment]”, Gohar quoted Imran as saying shortly after an
Talks with government must continue, says Gohar Read More »
Listen to the article World Bank country director Najy Benhassine on Friday dismissed reports that the international financial institution had criticized Pakistan’s Uraan plan, calling the claims a “misinterpretation.” In a post on social networks X (formerly Twitter), Benhassine spoke of the confusion caused by the articles published on Friday. He clarified that the reports
The World Bank clarifies “criticisms” of the Uraan plan Read More »
Listen to the article KARACHI: Local Government Minister Saeed Ghani said most departments under his ministry pay pensions to retired employees, but unpaid dues from the past remain a huge burden. While speaking during the question hour of the Sindh Assembly session on Friday, the minister accused former Karachi mayor Waseem Akhtar, who belonged to
“The former mayor misused pension funds” Read More »
ISLAMABAD: Following the conviction of Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan and his wife Bushra Bibi in the £190 million Al-Qadir Trust case, all All eyes are now on the Islamabad High Court (IHC) as it prepares to hear appeals against the ruling. The composition of the IHC bench that will handle these appeals will
All eyes are now on IHC Read More »
The ruling coalition on Friday welcomed the court’s verdict in the Al-Qadir Trust case, saying justice had come full circle. Justice Minister Azam Nazir Tarar has reaffirmed the government’s commitment to an independent judiciary while highlighting irregularities in the £190 million settlement case. He said matters falling under Article 175 fell exclusively within the judicial
The government welcomes the “victory of justice” Read More »
ISLAMABAD/RAWALPINDI/PESHAWAR: Former Prime Minister and PTI Founder Chairman Imran Khan, now embroiled in deep legal troubles, has categorically rejected the idea of striking a deal for his freedom after being convicted in the Al-Qadir Trust case, d ‘worth £190 million. Speaking to reporters in the courtroom after his sentencing Friday, the embattled leader took a
Imran vows to fight ‘tyranny’ Read More »
ISLAMABAD: The chairman of a Senate committee has called for a ban on all new projects under the Public Sector Development Program (PSDP) in view of the growing number of “short-term” projects. A meeting of the Senate Standing Committee on Planning and Special Initiatives was held on Friday under the chairmanship of Senator Qurat-ul-Ain Marri.
Senate committee urges ban on new PSDP projects Read More »
ISLAMABAD: Tensions were high in the Senate on Friday as PTI senators staged a vehement protest following the conviction of former Prime Minister Imran Khan and his wife, Bushra Bibi, in the Al-Qadir Trust case, d ‘worth £190 million. The uproar, led by Senator Shibli Faraz, brought proceedings in the House to a halt as
The verdict causes excitement in the Senate Read More »
