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ISLAMABAD: Opposi­ti­­o­­­n lawmakers in the Senate were up in arms on Friday over the recent massive increase in the prices of petroleum products and power, while the treasury held the former ruling Pakistan Tehreek-i-Insaf (PTI) responsible for the current economic mess and urged it to suggest a way forward instead of political point-scoring. The issue was raised by Leader of …

GWADAR / QUETTA: Prime Minister Shehbaz Sharif expressed displeasure over the slow pace of work on development projects in Gwadar and said the previous government did not pay any attention to the completion of the international airport in the city among other projects. He said big cargo ships could not anchor at the deep-sea port here due to a reduction …

The counsel for the Federal Investigating Agency (FIA) confirmed to a special court in Lahore on Saturday that the agency wanted to arrest Prime Minister Shehbaz Sharif and his son, Punjab Chief Minister Hamza Shehbaz, in a Rs16 billion money laundering case. The counsel’s confirmation was in response to presiding judge of the Special Court (Central-I) Ijaz Hassan Awan’s query …

President Dr Arif Alvi on Saturday returned two bills seeking to reverse the controversial changes made in the election laws by the previous PTI government regarding the use of electronic voting machines (EVMs) and i-voting for overseas Pakistanis and clipping the vast powers of the National Accountability Bureau (NAB), to the prime minister for “reconsideration and detailed deliberation by the …

A Pakistan Army soldier was martyred during an exchange of fire with terrorists who attacked a military post in the Datta Khel area of Khyber Pakhtunkhwa’s North Waziristan district on the night between June 1 and June 2, the military’s media affairs wing said. According to a statement issued by the Inter-Services Public Relations (ISPR) late Thursday night, Pakistan Army …

LAHORE / HYDE­RABAD: As the canal system in Punjab faces a 49 per cent water shortage, Sindh also observes a major dip in its water flows that is apparently impacting its barrages, showing an overall 49.5pc shortage till Thursday. Thus, the Sindh irrigation ministry has again urged the Indus River System Autho­rity (Irsa) to release extra water to the province, …

Continuing its selling momentum from the previous day, the stock market registered a decline of over 925 points on Friday, a day after the government raised fuel prices. By 4:11pm, the KSE-100 index shed 925.80 points against the previous day’s close of 42,237.91 to fall to 41,312.11 — down 2.19 per cent. The benchmark index closed at 41,339.11 points, down by 898.8 …

State Minister for Petroleum Musadik Malik on Friday said raising the fuel prices by Rs30 was a “difficult decision”, but taken to “save the country from bankruptcy and destruction” a day after the government instituted the measure to revive a stalled IMF bailout programme. “We made a difficult decision to save the country from destruction and bankruptcy and to bring stability,” Malik …

The Supreme Court on Friday directed the federal government to bring the recent changes in the rules of the Exit Control List (ECL) within the “ambit of the law” within a week, cautioning that it would issue an order if its directive was not followed. On April 22, the government introduced significant changes to the rules controlling citizens’ exit from the country …

HYDERABAD: Amid acute water scarcity in the country, the two major provinces refused to budge an inch on the issue of river water flows at their barrages despite the recent flow measurements by Wapda’s International Sedimentation Research Institute (ISRIP) at Taunsa and Guddu. Sindh officials accuse their counterparts in Punjab of not agreeing to independent evaluation by the ISRIP that …