LAHORE, June 13 (EW): A 5.6-magnitude earthquake jolted Lahore, Islamabad, Peshawar, and other cities on Tuesday afternoon, prompting people to rush out of their offices and homes. No loss of life has been reported. In Punjab, the tremors were felt in Shakar Garh, Chichawatni, Sialkot, Mandi Bahauddin, Rawalpindi, Jhelum, Hafizabad, Zafarwal and Murree. The quake also hit Khyber Pakhtunkhwa’s …
KARACHI: Even though the eye of the storm is likely to miss Karachi and parts of Balochistan, the Pakistan Meteorological Department (PMD) said on Monday that the intensity and severity of Biparjoy remained intact, and it is expected to make landfall on June 15. The Sindh government has begun gearing up for the looming civic crisis in the southern …
Minister of State for Petroleum Musadik Malik on Monday said that the Russian crude shipment was paid for in Chinese currency. Pakistan had opened the Letter of Credits (LCs) in the Bank of China to make the payment due to a shortage of dollar in the country and a row between the US and Russia over the Ukraine issue. …
The State Bank of Pakistan (SBP) is highly expected to maintain the benchmark interest rate at 21% through its monetary policy statement (MPS) to be announced today (Monday). The Monetary Policy Committee — which is empowered to take a decision keeping in view the macroeconomic fundamentals — is highly likely to maintain the interest rate despite the fact that …
Islamabad, June 12 (INP): Arab Chinese Business Conference is a testament to the enduring commitment between Saudi Arabia and China to foster robust economic ties. It offers businesses and investors a platform to establish partnerships, explore growth avenues, and leverage each other’s strengths, according to a report published by Gwadar Pro on Monday. Saudi Arabia hosted the much-anticipated 10th session of …
LAHORE: Days after officially forming a political party, Istehktam-e-Pakistan Party (IPP), president Jahangir Tareen left for the United Kingdon on Sunday amid speculations that he will hold meetings with Pakistan Muslim League-Nawaz (PML-N) leaders. According to sources, the party chief is expected to stay in the UK for over a week, during which he will hold meetings with the overseas …
ISLAMABAD, June 12 (EW): The first cargo of discounted Russian crude oil arranged under a new deal between Islamabad and Moscow arrived in Karachi on Sunday, opening a new chapter of cooperative trade relations between the two countries. The shipment had left Russia over a month ago and reached Pakistan via Oman. The discharge of the oil would begin …
KARACHI, June 12 (EW): The cyclone “Biparjoy” getting much intensity may hit Pakistani shores by June 15, authorities said on Sunday. High tides may hit Keti Bandar port on June 15. The cyclone is hardly 690 kilometers away from Karachi in South, 670km from Thatta in South and 720km away from Ormara in South East. The authorities have repeatedly …
LAHORE, June 08 (EW): Disgruntled PTI leader and sugar baron – Jahangir Tareen – on Wednesday announced the formation of a new political party – Istehkam-e-Pakistan – comprising more than 100 former National Assembly members and leaders of the former ruling party. The announcement was made at the residence of Aleem Khan – another estranged leader of the PTI, …
ISLAMABAD, June 08 (EW): The Census Monitoring Committee (CMC) decided on Wednesday to launch the post-enumeration survey for validating the provisional data collected during the country’s first-ever digital census. The CMC met here with Planning Minister Ahsan Iqbal in the chair. The meeting reviewed the progress of the ‘Digital Population and Housing Census’, said a news release issued by …
