ISLAMABAD: The government on Tuesday slashed the price of petrol and high-speed diesel (HSD) for the next fortnight by Rs5.45 and 8.42, respectively. In a notification, the finance ministry said the reduction was due to price variations in the international market because of a decreasing trend in prices of petroleum products during the last fortnight. It said the new petrol …
ISLAMABAD: PML-N Punjab President Rana Sanaullah was appointed as adviser to the prime minister on political and public affairs on Tuesday. A statement from the Presidency said President Asif Ali Zardari approved the appointment on Prime Minister Shehbaz Sharif’s advice under Article 93(1) of the Constitution. It added that Sanaullah will hold the rank of a federal minister as well. …
KARACHI: The State Bank of Pakistan (SBP) on Tuesday said it had received the final $1.1 billion tranche from the International Monetary Fund under the stand-by arrangement. On Monday, the Fund had approved the immediate disbursement of approximately $1.1bn to Pakistan. Its executive board met in Washington and completed the second review under the SBA, bringing total disbursements under the arrangement to …
ISLAMABAD: Justice Athar Minallah on Tuesday said the state had to protect the country’s judges and the independence of the judiciary. He made the remarks as a six-member Supreme Court (SC) bench resumed hearing a case pertaining to allegations made by six Islamabad High Court (IHC) judges regarding interference by the country’s security apparatus in judicial matters. Headed by Chief Justice of …
ISLAMABAD: Riyadh told Islamabad on Monday that Saudi agriculture companies were looking at Pakistan with great interest and expressed the hope that both countries would benefit from joint ventures for improving the value chain of agriculture economy. This transpired at Prime Minister Shehbaz Sharif’s meeting with Faisal Al-Ibrahim, Minister of Economy and Planning, and Eng Abdulrahman Abdulmohsen Al-Fadley, Minister of …
ISLAMABAD: Delivering his maiden speech in the National Assembly, Jamiat Ulema-i-Islam (JUI-F) chief Maulana Fazlur Rehman on Monday lambasted the “establishment” for “constantly interfering” in politics and announced his party’s plan to launch a protest movement from next month against the alleged rigging in the Feb 8 polls. The announcement from the JUI-F chief to begin the protest movement with …
ISLAMABAD: Jamiat Ulema-i-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman on Monday came out in open support of the PTI’s democratic and constitutional rights to hold protests and rallies. The JUI-F and the PTI had reached a consensus in the aftermath of February’s elections and announced that the elections were rigged. The parties have since touched base on protesting against the government, but the …
ISLAMABAD: Islamabad High Court’s (IHC) Justice Babar Sattar on Monday dismissed pleas filed by the Pakistan Electronic Media Regulatory Authority (Pemra), the Federal Investigation Agency (FIA) and the Pakistan Telecommunication Authority (PTA) seeking his recusal from a case pertaining to audio leaks. A similar plea was also filed by the Intelligence Bureau (IB), on which Justice Sattar summoned its joint director …
RIYADH: In a meeting with Prime Minister Shehbaz Sharif, Saudi Commerce Minister Majid Al Kasabi on Monday said Pakistan was the kingdom’s “priority” for investment and trade as per the directives of Crown Prince Mohammed bin Salman, Radio Pakistan reported. The meeting between the two took place on the sidelines of the World Economic Forum’s (WEF) special meeting in Riyadh. The Saudi …
PESHAWAR: Jamiat Ulema-i-Islam-Fazl chief Maulana Fazl Rehman here on Sunday warned ‘the forces’ that kept his party out of parliament that he would take the matter to streets through public agitation. “Those, who kept JUI-F out of parliament, must listen that we will raise our voice against their injustices and cruelties on streets,” he said while addressing through video link …