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Open Sky policy causing Rs46bln loss to national airlines
KARACHI: Open sky policy of Aviation policy 2015 brought financial loss to Pakistan Civil Aviation industry, whereas nowhere in world foreign airlines are given rights to operate from remote areas like international airlines are allowed to operate at...
PIA suffers loss of over Rs43bn in six months
KARACHI: Pakistan International Airlines Corporation Limited (PIACL) suffers from liquidity issues that have increased borrowings and raised finance cost by 78.16 percent to Rs 21.70 billion from Rs 12.18 billion in half year. This increase was also...
FAC in power bills challenged in Sindh High Court, LHC
KARACHI: Lahore High Court (LHC) Rawalpindi Circuit bench yesterday quashed fuel adjustment charges from electricity bills. LHC Rawalpindi Circuit bench while hearing plea moved against collection of fuel adjustment charges from consumers in electric...
‘Consumers oppose PSMA Sindh lobby for export of surplus sugar’
KARACHI: The Pakistan Sugar Mills Association (PSMA) Sindh chapter has claimed the dollar-strapped Pakistan can fetch up to $1 billion by exporting the minimum 1.3 million tonnes of surplus sugar, currently stocked in local go-downs, this year till N...
Flood frauds accumulate over Rs 500 billion windfalls to certain classes in country
KARACHI: The flood fraud in the country is a windfall profit business of more than rupees five hundred billion for various classes of the country including bureaucrats, contractors, politicians, and land grabbers. It was disclosed by Engineer Zafar I...
Islamabad Airport, PIA deal with Qatar challenged in LHC
KARACHI: Nabeel Javed Kahloon Advocate filed a petition in Lahore High Court against government of Pakistan through its secretary Cabinet Division and various other ministries and divisions to declare impugned deal of selling (51pc) of shares along w...
Pakistan Navy’s dream to rule Merchant Shipping may not come true
KARACHI: Vested interests in Ministry of Defence are unduly putting pressure on Ministry of Maritime Affairs (MOMA) to delegate Merchant Shipping special powers to Pakistan Navy (PN) and Pakistan Maritime Security Agency (PMSA) officers and personnel...
Indian Prime Minister Modi issues dog whistles against 220 million Muslim community: Journalist Rana
“The Muslims in India are at the cusp of genocide and none of the journalists can afford to look away. If you look away each one of us in the world is complicit in it. I stand here not as a journalist but also as a Muslim citizen of this countr...
Chairman PNSC may face criminal proceeding
KARACHI: Change of guard in PNSC has entered next phase with information coming from Ministry of Maritime Affairs (MOMA) Islamabad that its Secretary has curtailed financial and administrative powers of Rizwan Ahmed, disobedient Chairman. All Directo...
PM orders being flouted by bureaucracy: lawyer Hashmat Habib
KARACHI: Hashmat Habib President Tehreek-e-Tahaffuz-e-Adlia has been shocked to observe miscarriage of justice causing serious damage to Shehbaz Sharif’s politics and rule of law. He said good governance demands establishment of rule of law and...
