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...
Miftah Ismail announces 8,000MW solar power project, subsidy on bills
ISLAMABAD: Finance Minister Miftah Ismail announced to install 8,000 MW solar power project to lessen cost of producing electricity in country besides announcing that government would provide relief to power consumers having bills between 200 to 300...
Adamjee Insurance, Sehat Kahani sign deal for digital health services
KARACHI: Adamjee Insurance announced that it signed an agreement with Sehat Kahani a leading telemedicine platform aiming to provide health care (OPD) services as value added service to its existing and potential Health Insurance subscribers. Collabo...
Meezan Bank, Samba Bank partner with Pak Embassy Bahrain to celebrate RDA success
ISLAMABAD: Meezan Bank and Samba Bank in collaboration with Embassy of Pakistan in Bahrain hosted reception at Gulf Hotel, Manama-Bahrain by inviting prominent Non-Resident Pakistanis and customers to celebrate success of Roshan Digital Account (RDA)...
KATI expresses reservation on Presidential Ordinance of Rs38bln new taxes
KARACHI: President of Korangi Association of Trade and Industry (KATI) Salman Aslam has expressed reservations over imposition of new taxes of 38 billion rupees by a Presidential Ordinance. Whereas, instead of keeping interest rate at 15 percent, it...
Foreign investment never comes in political uncertainty: Ahsan Iqbal
ISLAMABAD: Minister for planning and development Ahsen Iqbal said that foreign investment will not come until day of Judgment in poltical uncertainty and confrontation. We have to become economic nation, he said and political stability and continuati...
SBP directs banks to raise awareness about PM’s Relief Fund
ISLAMABAD: State Bank of Pakistan (SBP) has directed all commercial banks and micro-finance banks to raise awareness among potential donors and facilitate them in contributing to PM’s Flood Relief Fund 2022. Banks are also directed to prominent...
Miftah discusses nutritional needs with Jordan Princess Sarah
ISLAMABAD: Finance and Revenue Minister Miftah Ismail urged all development partners to extend broad-based support and assistance to Pakistan for flood-affected people. He highlighted various reform initiatives introduced by present government for so...
India’s NDTV seeks to block billionaire Adani’s takeover on regulatory grounds
MUMBAI: India’s New Delhi Television Ltd (NDTV) sought to block Gautam Adani’s attempt to acquire majority stake in news network, saying regulatory restrictions meant bid from billionaire tycoon’s group could not proceed. NDTV is r...
Bilateral trade, investment need to be strengthened: Alvi tells Korean delegation
ISLAMABAD: President Dr Arif Alvi called for further enhancing quantum of bilateral trade and investment between Pakistan and Republic of Korea. He emphasised exploring new avenues for cooperation among governments and private sectors of two countrie...
