News Archives for Latest - 2024-10-12

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Archive - 2024-10-12

World

Israel says hit around 280 ‘terror targets’ in Lebanon, Gaza over weekend

JERUSALEM: Israel’s military said on Saturday its forces had attacked roughly 280 “terror targets” during combat...

Published 12 Oct, 2024 10:50pm

Europe

Scotland’s former leader Alex Salmond dies aged 69: party

LONDON: Scotland’s former leader Alex Salmond, a figurehead of the independence movement, has died at the age of 69,...

Published 12 Oct, 2024 11:02pm

Stocks

India’s Star Health says it received $68k ransom demand after data leak

NEW DELHI: Star Health, India’s biggest health insurer, on Saturday said it had received a ransom demand of $68,000...

Published 12 Oct, 2024 10:43pm

World

North Korean leader’s powerful sister warns of ‘horrible’ response to drones

SEOUL: The powerful sister of North Korean leader Kim Jong Un warned Saturday that Seoul would face a “horrible...

Published 12 Oct, 2024 10:36pm

Sports

Samson ton powers India to T20 series sweep after record total

HYDERABAD: Opener Sanju Samson’s blistering century helped world champions India hammer Bangladesh in the final T20...

Updated 12 Oct, 2024 10:30pm

Sports

PCB announces new selection committee

Pakistan Cricket Board (PCB) has inducted four new members to the national team’s selection committee following the...

Published 12 Oct, 2024 10:23pm

Business & Finance

4.7pc of GDP: IMF projects external financing needs for FY25 at $18.813bn

ISLAMABAD: The International Monetary Fund (IMF) has projected Pakistan’s gross external financing needs at $18.813...

Updated 12 Oct, 2024 10:04pm

Middle East

Hezbollah says launched missiles on Israeli base near Haifa

BEIRUT: Hezbollah on Saturday said it launched a salvo of missiles at an Israeli military base south of the coastal...

Updated 12 Oct, 2024 10:00pm

Power sector: Govt commits to IMF about drastic reforms

ISLAMABAD: The government has committed to the International Monetary fund (IMF) to revise terms of Power Purchase...

Updated 12 Oct, 2024 09:59pm

IMF spells out threats to reform momentum

Says political economy considerations and pressures from vested interests could delay or weaken the reform momentum and put at risk still-brittle stability

Updated 12 Oct, 2024 09:53pm

EFS ends: Exporters now to pay regular income tax: IMF

ISLAMABAD: Exporters will be brought into the regular income tax regime, Exporters Facilitation Scheme terminated,...

Updated 12 Oct, 2024 09:50pm

IMF told: Two Discos’ sell-off to wrap up by Jan-end

ISLAMABAD: The federal government has shared with the International Monetary Fund (IMF) that transactions of two...

Updated 12 Oct, 2024 09:47pm

Pakistan

11 dead, several injured in Kurram firing incident

At least 11 people were killed and several were injured on Saturday in a shooting incident in the Kunj Alizai area...

Updated 12 Oct, 2024 09:43pm

Pakistan

Ahsan Iqbal terms PTI’s protest ‘political terrorism’

Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Saturday strongly condemned...

Updated 12 Oct, 2024 09:42pm

Fund sets 22 structural benchmarks and conditionalities

ISLAMABAD: The International Monetary Fund (IMF) has set 22 structural benchmarks (SBs) and conditionalities for the...

Updated 12 Oct, 2024 09:38pm

IMF assured of semi-annual gas tariff adjustment by Feb 15, 2025

IMF suggests gradually adjusting the tariff structure while implementing direct cash transfers through the Benazir Income Support Programme to protect vulnerable households

Updated 12 Oct, 2024 09:35pm

PM Shehbaz, MQM-P discuss current political situation

Published 12 Oct, 2024 07:37pm

Middle East

Health ministry in Gaza says war death toll at 42,175

GAZA STRIP: The health ministry in Gaza said on Saturday that at least 42,175 people have been killed in the war...

Updated 12 Oct, 2024 07:08pm

Sports

Djokovic to face Sinner in blockbuster Shanghai Masters final

SHANGHAI: Novak Djokovic fought through a knee problem to defeat Taylor Fritz 6-4, 7-6 (8/6) in an “incredible...

Published 12 Oct, 2024 06:53pm

Ahsan Iqbal terms PTI’s protest ‘political terrorism’

Published 12 Oct, 2024 06:04pm

PM Shehbaz Sharif visits Jinnah Convention Centre to review preparations for upcoming SCO Summit

Published 12 Oct, 2024 05:54pm

Middle East

Israel warns south Lebanon residents to ‘not return’

OCCUPIED JERUSALEM: Israel warned residents of south Lebanon “not to return” to their homes on Saturday as Hezbollah...

Published 12 Oct, 2024 05:52pm

Sports

Sabalenka downs Gauff in three sets to reach Wuhan final

WUHAN: Top-seeded Aryna Sabalenka fought back from a set down to beat Coco Gauff 1-6, 6-4, 6-4 on Saturday and reach...

Published 12 Oct, 2024 05:23pm

Middle East

Iran bans pagers, walkie-talkies on flights after Lebanon attacks

TEHRAN: Iran has banned pagers and walkie-talkies on all flights, local media reported Saturday, weeks after deadly...

Published 12 Oct, 2024 05:19pm

Sports

Sinner reaches Shanghai final, will end year number one

SHANGHAI: Jannik Sinner beat Tomas Machac 6-4, 7-5 to reach the Shanghai Masters final on Saturday and ensure he...

Published 12 Oct, 2024 05:11pm

Europe

Russia, Syria, Iran should take measures after Israel’s strike on Damascus, Erdogan says

ISTANBUL: Russia, Syria and Iran should take more effective measures to protect Syria’s territorial integrity,...

Published 12 Oct, 2024 03:46pm

Reforms in agri income tax regimes: IMF urges provinces to implement commitment

ISLAMABAD: The International Monetary Fund (IMF) has stated that provinces must decisively implement their...

Updated 12 Oct, 2024 02:52pm

Europe

Ukraine, Russia say foiled dozens of drone attacks

KYIV, UKRAINE: Russia said on Saturday it had downed 47 Ukrainian drones while Kyiv reported neutralised 24 drones...

Published 12 Oct, 2024 01:23pm

Markets

Saudi fast food giant AlBaik eyes Pakistani market after MoU

Food chain signs memorandum of understanding with Gas & Oil Pakistan Ltd (GO)

Published 12 Oct, 2024 01:09pm

Europe

Turkiye should continue tight, monetary policy until inflation at target, IMF says

ISTANBUL: The International Monetary Fund called for continued tight, data-driven monetary policy in Turkiye until...

Published 12 Oct, 2024 01:01pm

Cricket

India series always attritional, says Australia captain Cummins

Australia captain Pat Cummins is expecting the upcoming series against India to be a survival of fittest as his team...

Published 12 Oct, 2024 10:49am

Cricket

Bumrah appointed India vice-captain for New Zealand Tests

India’s pace spearhead Jasprit Bumrah will act as deputy to Rohit Sharma for their three-match home Test series...

Published 12 Oct, 2024 10:41am

Govt commits to IMF: Policy rate to go up if inflation rises

ISLAMABAD: The government has committed to the International Monetary Fund (IMF) to increase policy rate if new...

Updated 12 Oct, 2024 09:28am

Zardari, Putin for enhanced economic, bilateral ties

ASHGABAT: President Asif Ali Zardari on Friday met his Russian counterpart Vladimir Putin wherein they emphasised...

Updated 12 Oct, 2024 09:25am

Subsidies to BISP recipients: Ministry seeks PD’s help to get consumers’ data from KE

ISLAMABAD: Ministry of Poverty Alleviation and Social Safety (MPA&SS) has sought Power Division’s support to get...

Updated 12 Oct, 2024 08:59am

Ghee, cooking oil industry: Aurangzeb vows to help resolve issues

ISLAMABAD: Finance Minister Muhammad Aurangzeb Friday assured the ghee and cooking oil industry to resolve the issue...

Updated 12 Oct, 2024 08:58am

BR’s refresher: your morning briefing for the day

Important updates from October 11, 2024

Published 12 Oct, 2024 08:49am

Opinion

A book on your lap

Books that in days gone by had our undivided attention are now competing with many other competitors. There was a...

Updated 12 Oct, 2024 08:36am

Opinion

Importance of riba-free banking for a developing country like Pakistan

Riba-free (interest-free) banking is a key principle of Islamic finance, which prohibits interest on loans, viewing...

Updated 12 Oct, 2024 08:31am

Opinion

Illahi Bakhsh Soomro—an iconic personality

The tragic news of the death of veteran and seasoned politician, Illahi Bakhsh Soomro, former Speaker of the ...

Updated 12 Oct, 2024 08:27am

Opinion

Regaining global relevance

The Shanghai Cooperation Organisation (SCO) in Islamabad provides a once in lifetime opportunity to Pakistan to...

Updated 12 Oct, 2024 08:14am

Editorials

The cost of political strife

EDITORIAL: Last weekend saw yet another fierce showdown transpiring between the PTI and the government following the...

Updated 12 Oct, 2024 08:12am

Pakistan

CM directs authorities to start ‘CM’s Insulin Programme’

LAHORE: Rebrand BHUs as Maryam Nawaz Health Clinics to improve health facilities in remote areas. Chief Minister...

Updated 12 Oct, 2024 08:06am

Pakistan

Arrest warrant for Nadra chairman issued

ISLAMABAD: A local court, on Friday, issued arrest warrant for Chairman National Database and Registration Authority...

Updated 12 Oct, 2024 08:04am

Pakistan

B’tan govt implements minimum wage of Rs37,000 for labourers

QUETTA: Balochistan government has officially started implementing the new minimum wage for workers setting it at...

Updated 12 Oct, 2024 08:03am

Companies

BankIslami reaches 500-branch milestone

KARACHI: BankIslami Pakistan Limited has achieved a milestone of strengthening branch network with the opening of ...

Published 12 Oct, 2024 07:48am

Pakistan

Children’s emergency: Civil Hospital receives int’l SafeCare certification Room

KARACHI: Dr. Ruth Pfau Civil Hospital in Karachi has become the first public sector institution in Pakistan to...

Published 12 Oct, 2024 07:47am

Business & Finance

Country urged to enhance AML/CFT framework

ISLAMABAD: The International Monetary Fund (IMF) has urged Pakistan for continued enhancements in the Anti-Money...

Published 12 Oct, 2024 07:45am

Pakistan

Theft of ballot papers in NA-231: ECP seeks report from Sindh election commissioner

ISLAMABAD: The Election Commission of Pakistan (ECP) on Friday sought a report from the Sindhl election ...

Published 12 Oct, 2024 07:43am

Pakistan

FAFEN issues report on performance of election tribunals

ISLAMABAD: The Free and Fair Election Network (FAFEN) has observed that the election tribunals have failed to ...

Published 12 Oct, 2024 07:42am

Companies

‘Digital remittances be exempted from wallet-receiving limits’

KARACHI: Murtaza Ali, President of JazzCash, has proposed that digital remittances be exempted from wallet-receiving...

Published 12 Oct, 2024 07:40am

Industry

‘Economy stabilising due to good policies’

KARACHI: Chairman of the FPCCI Advisory Board and National Business Group Pakistan, President Pakistan Businessmen...

Published 12 Oct, 2024 07:39am

Industry

Various sectors: ‘KSA team visit aims to boost trade & investments’

KARACHI: President United Business Group (UBG) Zubair Tufail, Chairman (Sindh) Khalid Tawab, other leaders Hanif...

Published 12 Oct, 2024 07:36am

Pakistan

Gilani says Pakistan value its relationship with UAE

ISLAMABAD: Acting President Syed Yousaf Raza Gilani stated that Pakistan greatly valued its long-standing...

Published 12 Oct, 2024 07:34am

Commodities

Gold prices surge

KARACHI: The local gold prices surged on Friday as global bullion rates neared $2,650 per ounce, traders said. Gold...

Published 12 Oct, 2024 07:30am

Companies

Gong ceremony marks listing of Burj Modaraba

KARACHI: A gong ceremony was held at the Pakistan Stock Exchange (PSX) to mark the listing of Burj Clean Energy...

Published 12 Oct, 2024 07:29am

Pakistan

Hot to very hot, dry weather likely next week

KARACHI: The Met Office informed on Friday about the formation a new weather depression in the southeast Arabian Sea...

Published 12 Oct, 2024 07:27am

Industry

PM, federal cabinet efforts to terminate five PPA’s lauded

KARACHI: Chairman of the Pakistan Business Forum (PBF) for Balochistan, Daroo Khan Achakzai and PBF South Punjab...

Published 12 Oct, 2024 07:25am

Pakistan

IHC directs jail authorities to ensure IK’s meeting with sister

ISLAMABAD: The Islamabad High Court (IHC), Friday, directed the jail authorities to ensure the meeting of Imran ...

Published 12 Oct, 2024 07:23am

Pakistan

LGH shifts MLCs counter to forensic dept

LAHORE: The administration of Lahore General Hospital (LGH) has shifted the counter of medico-legal cases (MLCs) ...

Published 12 Oct, 2024 07:20am

Pakistan

LHC seeks report over alleged abduction of PTI MPA

LAHORE: The Lahore High Court on Friday sought a progress report on the police investigation into the alleged...

Published 12 Oct, 2024 07:19am

Pakistan

NA body concerned about irregularities in MDCAT examination result

ISLAMABAD: The National Assembly Standing Committee on National Health Services and Regulations, Friday, while...

Published 12 Oct, 2024 07:17am

Pakistan

National Disaster Risk Management Fund declared essential SOE

ISLAMABAD: The Cabinet Committee on State-Owned Enterprises (CCoSOEs) declared National Disaster Risk Management ...

Updated 12 Oct, 2024 07:14am

Business & Finance

Pakistan can be an ideal destination for Saudi investment: Ahsan

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal emphasised that Pakistan...

Published 12 Oct, 2024 07:11am

Pakistan

Constitutional amendments: Parliamentary panel decides to address concerns of parties

ISLAMABAD: A parliamentary committee decided to address the concerns of major political parties, including...

Updated 12 Oct, 2024 07:09am

Pakistan

PFA unearths fake beverage production unit

LAHORE: The enforcement team of the Punjab Food Authority (PFA) raided a fake carbonated drinks production unit in...

Published 12 Oct, 2024 07:09am

Pakistan

President for enhanced focus on regional connectivity

ASHGABAT: President Asif Ali Zardari on Friday addressed an international forum held here in the Turkmen capital,...

Published 12 Oct, 2024 07:08am

Pakistan

PTI’s propaganda cell used to humiliate, harass people: Azma

LAHORE: Punjab Information Minister Azma Bokhari has said that there is a need to establish laws and regulations for...

Published 12 Oct, 2024 07:06am

Pakistan

Quality education, tech training provision top priority: PM

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday emphasised that the provision of quality education and technical...

Published 12 Oct, 2024 07:03am

Pakistan

Rescuers urged to focus on saving lives of people

LAHORE: Secretary Emergency Services, Dr. Rizwan Naseer, took the oath from 41 rescuer drivers after successful...

Published 12 Oct, 2024 07:01am

Pakistan

SC’s order on intra-party polls: Review petition of PTI adjourned over its lawyers’ absence

ISLAMABAD: The Supreme Court (SC) adjourned the review petition of Pakistan Tehreek-e-Insaf (PTI) as none of its...

Published 12 Oct, 2024 07:00am

Business & Finance

SME banking: SBP launches ‘Challenge Fund’

KARACHI: The State Bank of Pakistan (SBP) has announced to launch a “Challenge Fund” for technology adoption...

Published 12 Oct, 2024 06:58am

Business & Finance

SECP & CDC open Investor’s weekend 2024

KARACHI: With the support and guidance of the Securities and Exchange Commission of Pakistan (SECP), Central...

Published 12 Oct, 2024 06:56am

Pakistan

PIDE VC: Senate body seeks details of perks and privileges

ISLAMABAD: The Senate Standing Committee on Rules of Procedure and Privileges sought details of perks and privileges...

Published 12 Oct, 2024 06:53am

Business & Finance

SMEDA, ADB launch ‘Digital Literacy Training Programme’

LAHORE: The Small and Medium Enterprises Development Authority (SMEDA), in collaboration with the Asian Development...

Published 12 Oct, 2024 06:51am

Business & Finance

Speakers advocates for balanced energy mix

ISLAMABAD: While acknowledging the past mistakes of successive governments, speakers at a seminar advocated for a...

Published 12 Oct, 2024 06:50am

Cotton & Textile

Spot rate unchanged amid modest trading

LAHORE: The local cotton market on Friday remained steady and the trading volume remained satisfactory. Cotton...

Published 12 Oct, 2024 06:48am

Industry

PSMA election dispute lands in DGTO/ SECP

ISLAMABAD: The dispute of election of Central Chairman of Pakistan Sugar Mills Association (PSMA) for 2024-26 has...

Published 12 Oct, 2024 06:47am

Business & Finance

IMF spells out factors behind country’s underperformance

ISLAMABAD: Several macroeconomic distortions and policy-related restrictions including protectionist interventions, ...

Published 12 Oct, 2024 06:45am

Pakistan

Full court reference for outgoing CJP Isa will be held on 25th

ISLAMABAD: The Supreme Court Full Court Reference will be held on October 25 on the eve of retirement of Chief...

Published 12 Oct, 2024 06:41am

Pakistan

The Weather

KARACHI: The weather report on Friday (October 11, 2024) and the forecast for Saturday (October 12, 2024)...