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Asif Khanzada

UAE president’s visit to Islamabad postponed due to ‘weather conditions’


January 30, 2023

UAE President HH Sheikh Mohamed bin Zayed Al Nahyan’s one-day visit to Islamabad — scheduled for today — has been postponed due to bad weather conditions, the Prime Minister’s Office said on Monday. “Due to weather conditions, President HH Sheikh Mohamed bin Zayed Al Nahyan’s visit to the friendly Islamic Republic of Pakistan scheduled for today has been postponed to …

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India’s top court to consider cases against block on BBC documentary


January 30, 2023

India’s Supreme Court will consider petitions next week against a government order blocking the sharing of clips of a BBC documentary that questioned Prime Minister Narendra Modi’s leadership during riots in 2002 in the western state of Gujarat. The government has dismissed as a biased “propaganda piece” the film released last week, titled ‘India: The Modi Question’, and blocked the sharing of …

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Agriculture: Food security through climate-smart agriculture


January 30, 2023

Climate change manifests itself through rising temperatures, changing rainfall patterns, and increasing intensity and frequency of extreme weather events. It has enhanced the production risk of agricultural farming, a business which has already been inherently risky for farmers due to high dependency on favourable weather conditions and volatile prices of crops in the market. Even if we put aside the …

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CORPORATE WINDOW: The pitfalls of populist leaders


January 30, 2023

Does populism have a role in the making of the current economic crisis in Pakistan? The general perception in business circles is that it does. For many, delays in harsh but necessary policy decisions by the last and the current government are the most blatant expressions of the populist tendencies of rulers in Pakistan. The initial reluctance of former prime …

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India’s Adani hits back at Hindenburg, insists made full disclosure


January 30, 2023

India’s Adani Group issued a detailed riposte on Sunday to a Hindenburg Research report that sparked a $48 billion rout in its stocks, saying it complies with all local laws and had made the necessary regulatory disclosures. The conglomerate led by Asia’s richest man, the Indian billionaire Gautam Adani, said last week’s Hindenburg report was intended to enable the US-based short seller …

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Finance: What after the rupee’s fall?


January 30, 2023

Foreign exchange reserves of the State Bank of Pakistan (SBP) plunged to $3.678 billion on January 20 from $4.601bn due to external debt repayments. At this level, the reserves provide imports cover of three weeks against a standard minimum of three months. The SBP reported a new level of the forex reserves on January 26 and simultaneously removed the cap …

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PKR downslide continues with Rs6.5 loss in interbank


January 30, 2023

After plunging to a record low last week, the PKR depreciated by another Rs6.5, trading at Rs269.1 per dollar in the interbank market around 12pm on Monday, according to data shared by the Forex Association of Pakistan (FAP). This equates to a loss of 2.48 per cent from Friday’s close of Rs262.6. Exchange Companies Association of Pakistan (Ecap) General Secretary Zafar Paracha …

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PPP accuses Imran of ‘providing medical facilities’ to militants


January 30, 2023

ISLAMABAD: Pakistan Peoples Party (PPP) on Sunday accused Pakistan Tehreek-i-Insaf (PTI) Chairman Imran Khan of “seeking support from militants and providing them with medical facilities at his Shaukat Khanum Memorial Hospital”. In a statement issued by the party spokesperson, the Sindh ruling party expressed displeasure at the remarks made by the PTI chairman wherein he alleged that PPP leader Asif Ali Zardari …

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Govt asked to declare Hazara division as separate province


January 30, 2023

MANSEHRA: Tehreek-i-Sooba Hazara convener Mushtaq Khan Advocate on Sunday demanded of the Pakistan Muslim League-Nawaz-led central government to declare the Hazara division as a separate province. Talking to reporters here, he said both PML-N and Pakistan Tehreek-i-Insaf had been playing politics on Hazara province issue. Flanked by Tehreek’s other office-bearers, Mr Mushtaq said though PML-N leaders made claims of contacting …

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UN human rights body to review Pakistan’s record in Geneva today


January 30, 2023

ISLAMABAD: As the Universal Periodic Review (UPR) Working Group of the United Nations Human Rights Council takes up Pakistan’s human rights record at its meeting in Geneva on Monday (today), a few countries, including the United States, have raised specific questions in respect of human rights issues in the country. Pakistan is one of the countries which will be reviewed …

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