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August 19, 2018 6:33 AM US Secy of State Pompeo to visit Islamabad for talks with new Pakistani leaders

United States (US) Secretary of State Michael Pompeo is likely to visit Islamabad in the first week of September for consultations with Prime Minister Imran Khan and his team on issues of mutual interests, diplomatic and official sources told Dawn. Pompeo, who is expected in Islamabad on Sept 5, will likely be the first foreign dignitary to meet the newly

July 21, 2018 12:00 AM PIAF demands currency crash probe

LAHORE: A massive rupee devaluation of over 21 percent against dollar during the last six months demands an immediate high-level probe to find out what caused this currency disaster, industry officials said on Friday. “The State Bank of Pakistan is urged to identify the reasons and share the findings with the business community,” Irfan Iqbal Sheikh 4

July 20, 2018 12:00 AM Caretaker setup shows lack of control over currency regime

LAHORE: The interim government’s seemingly lost control over the currency regime is being ignored, as all political parties are busy slinging mud on each other that is further damaging the already weak economy of Pakistan. Rupee traded at Rs110 against dollar when the caretaker government was sworn in; however, in less than 50 days the value has dropped 2

July 13, 2018 1:53 AM Imran gets bitter at PML-N workers welcoming Sharifs

LAHORE/NAROWAL: Pakistan Tehreek-i-Insaf (PTI) Chairman Imran Khan putting aside all the political correctness and norms on Thursday questioned as to why the people would go to welcome the thieves (the Sharifs) of the country. In a rally in Narowal, he said he/she must be a donkey whoever goes to receive Nawaz Sharif and Maryam Nawaz at the Lahore airport 1

July 13, 2018 12:00 AM ‘Ill-planned’ Haj flight operation PIA feared to suffer huge loss

PESHAWAR: The crisis-hit Pakistan International Airlines (PIA) may suffer a huge loss due to 'ill-planning' of the management for the forthcoming Haj flight operation, sources said. The PIA did not acquire planes on lease for the Haj flight operation to be started shortly. "And now the national flag carrier is going to cancel/reschedule flights for Europe 2

July 12, 2018 12:00 AM Money taken abroad through corruption, legal means: DG FIA

ISLAMABAD: Director General (DG) Federal Investigation Agency (FIA) Bashir Memon informed the Supreme Court on Wednesday that 4,221 Pakistanis have foreign bank accounts and assets in the United Arab Emirates (UAE). The revelation came as Chief Justice of Pakistan (CJP) Mian Saqib Nisar, while heading a two-judge bench, remarked, “FIA should inform us how many Pakistanis 9

July 8, 2018 9:23 AM Multi-billion rupee scam: SC asks Interior Ministry to put fake account holders on ECL

ISLAMABAD: Director General Federal Investigation Agency (FIA)Bashir Memon on Sunday told the Supreme Court that Rs35 billions were transferred to 29 fake bank accounts as he appeared before the apex court after the chief justice took suo motu notice of reports transfer money from fake bank accounts . The bank accounts, he said, were opened in Sindh

July 1, 2018 12:00 AM Hoti slams PTI govt’s monetary performance

NOWSHERA: Awami National Party (ANP) leader and former chief minister Ameer Haider Hoti on Saturday said Pakistan Tehreek-e-Insaf (PTI)-led provincial government had left the exchequer empty and there were no funds to pay salaries to the government employees. Speaking at a public gathering in ASC Colony, he said that the PTI in its previous government 2

June 29, 2018 12:00 AM Salt export potential highlighted

KARACHI: Pakistan is the only country, which has iron-rich pink coloured salt and offers huge export potential worth billions of dollars, speakers at the World Salt Conference said on Thursday. “Pink colour is the result of various minerals naturally found in pink salt, including iron, which plays an important role in the eradication of iron deficiency 2

June 27, 2018 5:16 PM Kalabagh dam will be built at any cost, remarks CJP Saqib Nisar

ISLAMABAD: Chief Justice of Pakistan, Justice Saqib Nisar on Wednesday remarked that “the Supreme Court will be ahead of everyone in the construction of dams as they are necessary for survival of the country.” The Chief Justice said that Kalabagh Dam will be built at any cost adding, “I do not know if this dam will be constructed in my life or not but the Superior 7