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Daily Archives: October 16, 2020

ECC okays 340,000 tonnes wheat import


October 16, 2020

ISLAMABAD: A hurriedly called meeting of the Economic Coordination Committee (ECC) of the cabinet on Thursday approved the lowest bid for import of 340,000 tonnes of wheat at the rate of $284 per tonne. Adviser to the Prime Minister on Finance Dr Abdul Hafeez Shaikh presided over the one-point agenda meeting through video link from Lahore. The ECC took up …

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$1,150m accord signed with WB for two KP power projects


October 16, 2020

• PM sees people’s socioeconomic uplift through such aid • 112 firms, individuals ready to work in construction sector ISLAMABAD: Prime Minister Imran Khan on Thursday said Pakistan valued its partnership with the World Bank and the government would continue it aimed at the socioeconomic uplift of people. The prime minister stated this while witnessing the signing of two financing …

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Auto manufacturers seek tax relief to bring down prices


October 16, 2020

ISLAMABAD: Local auto manufacturers have asked the government to cut down taxes to reduce prices of cars and off-road vehicles in the country. The concerns were shared in a meeting organised by the government with local manufacturers seeking proposals to help reduce the prices of locally-manufactured vehicles. With the demand and supply balance tilting again in favor of the former, …

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Digital surveillance


October 16, 2020

k THE stage is steadily being set for increased internet surveillance in the country. The government has a clear target for which it is silently laying the groundwork, but the preparations are all taking place without the input of key stakeholders from the tech industry. A report published in this paper yesterday revealed that this lack of transparency has set …

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Major restructuring package for power sector planned


October 16, 2020

ISLAMABAD: The government is planning to announce a major restructuring package for the power sector envisaging a freeze on average consumer tariff coupled with incentive-based lower rates for industry and small and medium enterprises (SMEs), transfer of distribution companies (Discos) to the provinces and transfer of K-Electric’s majority shares to Shanghai Electric under the China-Pakistan Economic Corridor (CPEC). The recently …

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Unemployment to fall sharply in coming days, says Hafeez


October 16, 2020

ha LAHORE: The unemployment rate will start to decline sharply in coming days due to various steps being taken in this regard, Finance Adviser Dr Abdul Hafeez Shaikh claimed on Thursday. “The government is taking various steps to put economy on the path of sustainable growth and create employment opportunities for the youth. We hope that the graph of unemployment …

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Nicki Minaj reveals the gender of her baby with Kenneth Petty


October 16, 2020

Nicki Minaj announced the sex of her first baby with husband Kenneth Petty in an Instagram post she uploaded on Thursday. The US rapper revealed she gave birth to a baby boy indeed. Minaj posted a bunch of endearing messages and notes that she received from her friends Beyoncé, Kim Kardashian and Kanye West, Riccardo Tisci, and more on the …

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Cardi B reconciles with Offset just a month after filing for divorce


October 16, 2020

Cardi B has shocked her fans after deciding to reconcile with husband Offset, a month after filing for divorce. The US singer was seen getting intimate with Offset on her 28th birthday bash in Las Vegas amid divorce proceedings, sparking reunion buzz around. Addressing the matter on an Instagram Live, Cardi  confirmed she is back with Offset and revealed the …

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Fawad Khan, Sadaf Khan blessed with baby girl


October 16, 2020

Fawad Khan and his wife Sadaf Khan have welcomed their third child together. According to an entertainment website, the couple has been blessed with a baby girl. Although Fawad has not yet announced the arrival of the baby on his social media accounts, fans are congratulating him in the comments section of his last post on Instagram. Fawad and Sadaf, …

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‘Ertugrul’ famed Esra Bilgic shows off her grace in new stunning pictures


October 16, 2020

eda ‘Ertugrul’ actress Esra Bilgic aka Halime Sultan looked ultra glam in a stunning outfit as she rocked a modern look in her new pictures on Instagram. Esra – who is enthralling fans with another season of her hit drama ‘Ramo’ – emerged as a supermodel, giving fans some stylish moments with her inspiring fashion choice. ‘Ertugrul’ Halime Sultan went …

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