May 15, 2025

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Street in New York co-named ‘Allama Iqbal Avenue’

By Editor Economic Watch
August 8, 2023
in :  Latest

As Pakistan’s Independence Day fast approaches, an avenue in New York — the most populous city in the United States — has been co-named “Allama Iqbal Avenue”. Ambassador Masood Khan has congratulated President American-Pakistani Advocacy Group Ali Rashid for his leadership in having the avenue co-named “Allama Iqbal Avenue”. Iqbal is an international icon and a symbol of Pakistani nationhood. …

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DISCOs seek additional hike of Rs6 per unit in power tariff

By Editor Economic Watch
August 8, 2023
in :  Latest

ISLAMABAD: In yet another distressing news for electricity consumers, Pakistan’s 10 power distribution companies (DISCOs) have sought a further increase of Rs3.50 to Rs6 per unit in consumer bills under the last quarterly tariff adjustment for the last fiscal year of 2022-23, The News reported Tuesday citing an official. National Electric Power Regulatory Authority (NEPRA) on August 23 conduct a hearing on the …

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Organizing Committee of Nobel Fest meets with the IT Minister

By Editor Economic Watch
August 7, 2023
in :  Latest

  Islamabad, August 7 (INP): The organizing committee of Nobel Fest VI  to be held in Islamabad met with the Minister of Information Technology and Telecommunication, Syed Amin uI Haque. The meeting was attended by Prof. Dr. M. Iqbal Choudhary, Coordinator General, COMSTECH, Mr. Maxat Kurbenov, founder and CEO, Nobel Fest, Senator Dr. Serik, Deputy Head of Organizing Committee, Nobel …

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Judge’s wife arrested on court orders in housemaid torture case

By Editor Economic Watch
August 7, 2023
in :  Latest

ISLAMABAD: A local court in Islamabad rejected the bail application of the primary accused, Somia Asim, in a case concerning the brutal torture of a teenage girl employed as a domestic worker at her residence. Previously, a first information report (FIR) was registered at the Humak police station on the complaint of the victim’s father, Manga Khan. It contained sections …

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PTI seeks A-Class facilities for Imran Khan, wants him to be shifted to Adiala jail

By Editor Economic Watch
August 7, 2023
in :  Latest, Latest News

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Monday petitioned the Islamabad High Court (IHC) to transfer PTI Chairman Imran Khan from Attock Jail to Adiala Jail, adding that given his “education, habits and social and political status”, he ought to be provided better or A-class facilities in jail. “Since childhood, the petitioner is from an affluent family, and later due to his …

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Pak-China Friendship Hospital Gwadar unveils 37 job openings

By Editor Economic Watch
August 7, 2023
in :  Latest

  Islamabad. 7 (INP): Pak-China Friendship Hospital Gwadar has unveiled 37 job openings. Pak-China Friendship Hospital in Gwadar is a state-of-the-art medical facility that not only provides free and high-quality treatment for the local residents but also offers employment opportunities to the coastal community. The hospital extends an invitation to individuals driven by excellence and guided by vision to join its …

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Chinese textile manufacturer to install dry dyeing plant in Lahore

By Editor Economic Watch
August 7, 2023
in :  Latest

  ISLAMABAD, Aug 7 (INP): Challenge Fashion Ltd., a Chinese company involved in textile manufacturing in Lahore, will install its first non-water-based dyeing plant in 2024 at its recently-approved Challenge Fashion Economic Zone in the capital of Punjab province. The plant will be the first of its kind in Pakistan, as the CEO of Challenge Group informed officials of the …

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Hazara Express: investigators scour wreckage after deadly train crash in Pakistan

By Editor Economic Watch
August 7, 2023
in :  Latest

NAWABSHAH: Investigators scoured the wreckage on Monday of a weekend train derailment that killed at least 34 people, the latest deadly crash to hit Pakistan’s antiquated railway network. More than 1,000 passengers were aboard the Hazara Express when it came off the tracks in a flat, rural part of Sindh province near Nawabshah, around 250 kilometres (160 miles) by rail …

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Real estate sector: FBR chief says no exemption or concession possible

By Editor Economic Watch
August 7, 2023
in :  Latest

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Malik Amjad Zubair Tiwana has categorically conveyed to the real estate sector that any new tax exemption, concession or preferential tax treatment would not be possible at this time. After the directives of Minister for Finance and Revenue, issued during the 90th meeting of National Assembly Standing Committee on Finance and Revenue, a …

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Digital census data: Govt says error probability can be quite low

By Editor Economic Watch
August 7, 2023
in :  Latest, Latest News

  ISLAMABAD: Minister of Finance and Revenue Muhammad Ishaq Dar Sunday emphasized that the digital census, which was unanimously approved by the Council of Common Interests (CCI), has a lower possibility of error. Defending the digital census in the Upper House while speaking on a point of order, Leader of the House Ishaq Dar pointed out that the decision regarding …

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