Business

Power company land issues to resolve soon: CM Murad

KARACHI: Sindh Chief Minister Murad Ali Shah said that Thar Coal Block-I affected people (PAPs) would be settled properly by establishing their colonies to be equipped with all facilities. “Shanghai Group working in Block-I should expedite cons...

Rupee gains 0.53paisas versus dollar

KARACHI: Rupee made a modest recovery against dollar in interbank market after Finance Ministry and State Bank of Pakistan (SBP) gave a roadmap for ongoing fiscal year to overcome economic crisis facing country. Rupee registered a minor gain of 0.53...

Inflation in July hits 14-year high of 24.9pc

ISLAMABAD: According to PBS, inflation rate has reached a record high of 24.9 percent in July 2022, compared to 8.4 percent in July 2021. Inflation in July reached a 14-year high as rate of inflation in country reached 24.9 percent. Within a month, p...

Imran has introduced abusive language in politics: Dharejo

KARACHI: Sindh Minister for Industries and Commerce and Cooperative Department Jam Ikramullah Dharejo talking to media in Sindh Assembly Building said that incompetent government of Pakistan Tehreek-e-Insaf had destroyed economy of country during its...

Pakistan will not default, assures Miftah

ISLAMABAD: Finance Minister Miftah Ismail said that Pakistan is out of default risk and government increased petroleum prices under International Monetary Fund (IMF) programme.In an interview with Bloomberg, Miftah said that Pakistan reduced its impo...

President KATI discusses issues with CM Special Assistant Waqar Mehdi

KARACHI: President of Korangi Association of Trade and Industry (KATI) Salman Aslam met Special Assistant to Chief Minister and General Secretary of Pakistan Peoples’ Party Sindh Waqar Mehdi. Two leaders discussed emergency in Korangi industria...

Chazbiz app to be a ‘game-changer’ in future

Chazbiz was designed and engineered in UK by a tech Consultant Ishaq Vaez (Pakistani national) who assembled a team together, after years of analysis and research to create this much needed secure concept of communication. Key features include secure...

NC Big Stories

Govt plans to cut electricity prices by up to Rs10 per unit

ISLAMABAD: Government has unveiled a revised plan to reduce the baseline power tariff by Rs 8 to Rs 10 per unit, quoting sources. The plan aims to address the issue of circular debt, which will be reduced through the reduction of the debt amount. Un...

Govt rejects proposal to exchange Dr. Aafia Siddiqui for Shakil Afridi

ISLAMABAD: Government told the Islamabad High Court (IHC) its position on the proposal to exchange Dr Aafia Siddiqui’s release for Shakil Afridi’s handover. According to reports, the government of Pakistan turned down the possibility of...

Mustafa Amir’s remains exhumed for DNA samples

KARACHI: Following the court orders, Sindh health department’s medical team exhumed body of Mustafa Amir for DNA samples. Mustafa Amir was kidnapped and allegedly murdered by his friends in Karachi’s Defence Housing Authority (DHA) on Jan...

Pakistan releases 22 Indian fishermen, begins repatriation process

KARACHI: Pakistani authorities have released 22 Indian fishermen from Karachi’s Malir Jail, beginning their repatriation process on Friday, as confirmed by a police official.   Arshad Shah, the superintendent of Malir Jail, confirmed that...
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