ISLAMABAD-The government is likely to miss the tax collection target by around Rs1500 billion during ongoing fiscal year mainly due to inability of Federal Board of Revenue (FBR) and slowdown in economic activities due to coronavirus.Federal Minister for ...

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  • Plastic imports decrease 7.94pc in 8 months of FY2019-20

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    ISLAMABAD -The imports of plastic materials into the country witnessed decline of 7.94 percent during the first eight months of current financial year (2019-20) as compared to the corresponding period of last year.Pakistan imported plastic worth $1326.052 million during July-February (2019-20) compared to the imports of $1440.492 million during July-February (2018-19), showing negative growth of ...

  • G20 ministers struggle to finalise oil output cuts despite US efforts

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    Riyadh -Top oil producers struggled to finalise production cuts during a virtual summit held by G20 energy ministers, despite US President Donald Trump’s mediation efforts to end a standoff with Mexico.The final G20 communique appeared to gloss over simmering divisions over energy policy, making no mention of output cuts and pledging simply to ensure oil “market stability” amid ...

  • Quick Read

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    PCMEA wants committee formation to assess export industry situation LAHORE - The Pakistan Carpet Manufacturers and Exporters Association (PCMEA) on Saturday called for constituting a committee comprising stakeholders and experts to assess export sector’s losses in the prevailing situation and formulate a policy accordingly for revival of the industry. PCMEA Chairman Muhammad Aslam Tahir ...

  • Fed policymakers working to limit damage as pandemic puts US economy on pause

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    WASHINGTON -The U.S. economy was on a strong footing before the coronavirus pandemic and Federal Reserve officials are working to help the economy rebound quickly once businesses that were shuttered because of the virus begin to reopen, two policymakers said.Economic numbers could get “very ugly” in the near term because of that halt to activity, but policymakers are doing what they ...

  • Byco Refinery resumes production due to improved POL demand

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    LAHORE -Pakistan’s premier oil refining company, Byco Petroleum Pakistan Limited (BPPL) has informed that it has resumed production. In late march, the Ministry of Energy had issued an order to stop all import of petroleum products to all oil marketing companies to ensure that domestic refineries products are fully consumed. Fayaz Ahmad Khan, Vice President of Commercial at BPPL said: ...

  • Petroleum Div extends its unfailing support to govt

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    ISLAMABAD-Petroleum Division (Ministry of Energy) has extended its unfailing support to government of Pakistan in the fight to curb COVID-19 pandemic in country. The SNGPL (Sui Northern Gas Pipeline Limited Co.) has allocated Rs38 million for relief activities across the country. The Board of Company has directed the company to deposit Rs19 million in Prime Minister’s Relief Fund for ...

  • Huawei Tech again becomes top corporate patent filer

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    LAHORE -According to the World Intellectual Property Organization (WIPO) data, China’s Huawei Technologies, the world’s biggest maker of telecoms equipment, has become the top corporate patent filer for the third consecutive year. Hence, in a first, China knocks US from top spot in global patent race.WIPO, which oversees a system for countries to share recognition of patents, said ...

  • 15.59pc surplus witnessed in Pak-Italy trade: SBP

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    ISLAMABAD-Pakistan’s goods and services trade with Italy witnessed surplus of 15.59 percent during first eight months of ongoing fiscal year as compared to the corresponding period of last year.The overall exports to Italy were recorded at $524.612 million during July-February (2019-20) against exports of $508.363 million during July-February (2018-19), showing positive growth of 3.19 ...

  • Actor-comedian Orson Bean dies in accident

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    LOS ANGELES (Agencies): Orson Bean, the witty actor and comedian, was hit and killed by a car in Los Angeles, authorities said. He was 91. The Los Angeles County coroner’s office confirmed Bean’s Friday night death, saying it was being investigated as a “traffic-related” fatality. The coroner’s office provided the location where Bean was found, which matched reports ...

  • Another Stroke To The Economy

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    The government of Pakistan Tehreek-i-Insaaf (PTI) is facing a lot of challenges due to the lack of expertise in governance, particularly those regarding basic necessities. Shortly after the wheat crisis, the government is now battling the sugar crisis and a lot of it has stemmed from individuals who garner a lot of control over the sugar in the country and are also currently associated with the ...

  • Intolerable Action

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    It has become a near regular occurrence; once or twice a year Maulana Abdul Aziz attempts to deliver sermons or forcefully occupy Lal Masjid, with the authorities managing to remove him shortly after. However, the problem looks to be that these frequent forays have emboldened Aziz, who has now barricaded himself in the mosque once more with a group of female students and has refused to leave ...

  • The PTV problem

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    Growing up in the Pakistan of 1980s, a time before Cartoon Network and HBO, one of my fondest childhood memories is Maa’a waking me up in the morning for school, just as Mustansar Hussain Tarar did the morning ‘Chacha gi’ show. At the conclusion of his show, PTV aired a much-awaited five-minute cartoon segment. And again, in the afternoon, just as the PTV transmission resumed ...

  • India’s militarised approach towards Kashmir dispute

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    Ever since the abrogation of Articles 370 and 35-A of the Indian Constitution, which outlined the special status of Indian Occupied Jammu and Kashmir, India has started adopting a drastically different approach towards that particular region. This new approach aims to challenge the old one that is usually centred around the question of containing militancy and insurgency against India’s ...

  • The frontier economy

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    A frontier region, then cramped between Safavids of Persia and Mughals of India, majority of the future Pakistan, along with present-day Afghanistan was often considered as an ideal buffer. Except for the trading centres of Punjab consisting of Lahore, Sheikhupura, and Multan, much of the Southern and Western parts of the region were de-facto governed by tribesmen, who roamed the rugged ...

  • Past in Perspective

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    “Capitalism has suffered major ideological defeats and its best defence remains the lack of any plausible alternative.” –Tariq Ali   Mishra believes that liberalism served the purpose of incubator for the right wing populism   Author Pankaj Mishra is long standing critic of globalisation and liberal economic world order. The sudden shift to right wing populist ...

  • Jobless Balochs

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    It is fact that many young Baloch are jobless setting at home. So their family members are waried that why they are not getting job. So far the political party will come for hot and that time they say we will give hot in this time. While the time of job will come they will be lost. So like wise many Baloch brother because of jobless .they left their country and went in Dubai. And another ...

  • BISP tumult

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    The Benazir income support programme that was started in 2008. In order to support disabled persons and poor those who are not capable to work as well. But unlucky, the news lcudN of BISP took action to remove 820,000 people from rolls of its benefits. If nearly 820,000 peoples name would be removed from this company list approximately 11 billion remain save in each year for the government of ...

  • 2020

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    After the demise of Quaid e Azam, our politicians got sucked into an ugly struggle for power leading to conspiracies and backstabbing isolating them from public issues. This led to miss appropriation of taxpayers money and dragging national institutions such as judiciary, armed forces, and bureaucracy into this game of cat and mice. Almost seventy-three years have passed by and we as nation have ...

  • PABA to hold ‘Made in Pakistan’ exhibition in New York

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    GUJRANWALA-Pakistan American Business Association (PABA), a business organization serving as an economic bridge between the United States of America and Pakistan since 1986, has announced that it will soon hold a Made in Pakistan exhibition in New York to promote the local products with special focus on products made in Gujranwala, Lahore and Islamabad.The founder chairman of Washington-based ...

  • Rs1,000m approved for replacement of outlived water supply lines

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    MULTAN-Punjab government has approved water supply scheme of Water and Sanitation Agency (WASA) worth Rs 1000 million while work on the project would be initiated soon. Deputy Director water supply WASA Abdul Salam told APP here on Saturday that proposals of two water supply schemes including replacement of outlived water supply lines and tubewells in Multan and water supply scheme for unsurved ...

  • Reforms being introduced in cooperative department: minister

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    FAISALABAD-Provincial Minister for Cooperative Mehr Muhammad Aslam Bharwana has said that reforms are being introduced in the cooperative department.He was addressing a farewell party of retired officers here on Saturday while Secretary Cooperative Punjab Ch Ahmed Raza Sarwar, Deputy Registrar Cooperative Ashfaq Shahid and others were also present.He said over 100 tractors had been distributed ...

  • 4 members of a family die in motorway mishap

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    Pindi Bhattian-Four persons including two children have died in traffic mishap on Motorway M2 near Sukheki.According to Rescue sources a speedy car on its way from Lahore to Jhooria village hit a truck from rear near Sukheke at Motorway-2 leaving four persons dead and three injured. According to the motorway police, the resident of Bhalwar, Khushi Muhammad along with his family was returning from ...

  • Quick Read

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    District admin serves notices to owners of 50 cattle pens MULTAN- The district administration Saturday issued notices to owners of 50 cattle pens to shift their animals outside urban area otherwise stringent action would be taken against them. According to official sources, the crackdown against cattle-pen holders would continue in future also. Nobody would be allowed to affect beauty of the ...

  • Teenager killed in TTS spinning mills

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    Toba Tek Singh-A teenager died when he got trapped in a spinning mills machine here at Nawan Lahore on Saturday.The deceased, 13 years old Rehman was at work at Friends Textile Spinning Mills when his body got trapped in a machine, resulting in serious injuries to him. He was rushed to Nawan Lahore rural health centre where he succumbed to his wounds after a few hours.When contacted, Labour ...

  • PHA’s Multan plantation drive to complete next month

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    MULTAN-Horticulture department of Parks and Horticulture Authority (PHA) was assigned the task to plant 100,000 shady trees in couple of month here across the districtAn official of the department informed that jurisdiction of horticulture was divided into four zones with each zone to plant about 12,500 trees every month to accomplish the target being fixed until March 31. Few old trees would be ...

  • Many caught for doing wheelies

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    FAISALABAD-Police have arrested 14 person over one-wheeling, over speeding and road blocking in the city during last 24 hours.According to police report issued here on Saturday, three persons -- Shahzad, Sanaullah and Khalil had setup illegal stalls of dry fruits in front of their shops in clock tower chowk. Traffic police officials asked the shopkeepers to remove stalls but they did not remove. ...

  • Patrolling police to plant 100,000 saplings in region

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    FAISALABAD-Punjab Highways Patrolling Police Faisalabad region have set target of planting 100,000 saplings during a two weeks plantation campaign starting from February 15.The plantation drive is being started on the directions of Additional Inspector General Punjab Highways Patrolling Police Capt (R) Zafar Iqbal Awan.SSP Patrolling police Faisalabad region Farooq Ahmed Hundal said here Saturday ...

  • Days of PTI govt are numbered, says Kaira

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    ATTOCK-Pakistan People’s Party (PPP) Central Punjab President Qamar Zaman Kaira has said that days of Pakistan Tehreek-e-Insaf (PTI) government are numbered owing to its anti-people policies.He was addressing a Labour Convention at Jallo near Burhan on Saturday. The convention was arranged by the local chapter of Peoples Labour Bureau (PLB).He said that Pakistan was facing constitutional ...

  • Mideast Plan: Trump unveils his 'Deal of the Century' to recognise Israeli Sovereignty

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    The announcement comes after Trump met with Israeli Prime Minister Benjamin Netanyahu and his main political rival Benjamin ‘Benny’ Gantz. The Palestinian authorities have repeatedly objected to the plan, as its details were trickling out, and mass protests are expected in the Palestinian territories as Israel tightens security measures.US President Donald Trump has unveiled his ...