ISLAMABAD: Pakistan on Tuesday shared with the World Bank a revised outline of the Circular Debt Management Plan that seeks rationalisation of taxes, negotiated takeover of old independent power plants (IPPs) and closure of all old public sector plants to increase electricity tariffs, but slightly lower than that committed with the lenders under the IMF programme. This was the takeaway …

ISLAMABAD: Despite the apparent short-term control over current account deficit (CAD), the government’s policies suggest Pakistan’s economy is to stay in the low growth, low export and close to default position, a report issued on Tuesday by a think tank said. The Institute of Policy Reforms (IPR), a think tank led by PTI leader Humayun Akhtar, in its latest report …

ISLAMABAD: The cabinet on Tuesday decided to establish a centralised database to maintain record of stocks of essential food items available with the federal and provincial governments to ensure the country does not face shortage. The cabinet meeting, which was presided over by Prime Minister Imran Khan, also took several other decisions, including deferring a proposal to exempt Kartarpur (Sikhs’ …

Katie Price is engaged to her former Love Island boyfriend Carl Woods after year-long whirlwind romance. The ex-glamour model, who first went public with her romance last year in July, and her soon-to-be fourth husband are said to have accepted a five-figure offer to confirm the news through a magazine. The 42-year-old star shared the details with the magazine how …

Liam Hemsworth showed off his long hair in a new selfie and his girlfriend Gabriella Brooks lavished praise over new look of the Aussie golden boy. The 31-year-old actor shared a photo of himself gazing at the camera with those oh-so-dreamy blue eyes, his long dark blonde locks on show. “Haircut?” he simply captioned his post.     Liam’s post …

LAHORE: The Chinese government has sent Pakistan’s first modern railways’ infrastructure project — Main Line-1 (ML-1) — to the Exim Bank of China for approval of a $6 billion loan after all technical, administrative and other issues have finally been resolved, paving the way for launching civil work on this scheme within this year. “The latest on the $6.8 billion …

SHANGHAI: Thought Big Tech was taking over your life through smartphones? It may be coming for your car next as Chinese firms lead a stampede into auto manufacturing in their battle for more consumers. Cars are the next major prize in the battle for digital territory, industry insiders say, and the deep pockets and data muscle of big Chinese tech …

Riz Ahmed has shared interesting details about his proposal to wife Fatima Farheen Mirza, saying  she was not impressed of his idea of proposing her. The Oscar nominee,  who tied the knot with novelist Mirza last year, proposed to her during a game of Scrabble as she thought the actor was ‘joking’. The Sound of Metal star admitted his idea of popping …

Angelina Jolie, who did many dangerous scenes while filming ‘Those Who Wish Me Dead’, found it difficult to suppress her own parental instincts in the movie. The 45-year-old actress stars in Taylor Sheridan’s survival thriller as Hannah, a brusque, no-nonsense firefighter tasked with protecting a shell-shocked 12-year-old (Finn Little). The mother-of-six,  who reluctantly guides the young boy through the Montana …

American television personality Kris Jenner seems worried for her daughter Kim Kardashian who has decided to be separated from her husband Kanye West. The mother has some practical words of wisdom in the backdrop of the upcoming divorce. It was during the latest episode of Keeping Up With The Kardashians where Kris was heard telling her daughter that she has …