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Over Rs226m released under PSDP for food security, research

Over Rs226m released under PSDP for food security, research

(Web Desk) – The federal government has released an amount of 226.230 million rupees under Public Sector Development Programme for food security and research.In order to promote the agriculture and livestock sectors in erstwhile tribal areas, the government in its federal PSDP had allocated an amount of Rs254.743 million for the up-gradation of Arid Zone […]

SECP initiates legal proceedings against 2 companies under Companies Act, 2017

SECP initiates legal proceedings against 2 companies under Companies Act, 2017

(Web Desk) – The Securities and Exchange Commission of Pakistan has initiated legal proceedings against M/s Gold Transmit Network Technology (Pvt) Limited, and M/s Green Apple Super Market (Pvt) Limited in Companies Act, 2017.The companies have been found involved in unauthorized activities and offering Ponzi business/schemes in Pakistan to deprive the unsuspecting public of their […]

Pakistan’s agriculture sector to invigorate under CPEC

Pakistan’s agriculture sector to invigorate under CPEC

ISLAMABAD (APP) The recent inclusion of agriculture sector in the Long Term Plan of China Pakistan Economic Corridor (CPEC) provides Pakistan an opportunity to significantly reduce its huge trade deficit of around US$9 billion with China by exportingmore value added agriculture products to China to tap its growing demand of food commodities.Under the project, China […]

ICAP rejects privatisation of Discos under current infrastructure

ICAP rejects privatisation of Discos under current infrastructure

KARACHI  – The Institute of Chartered Accountants of Pakistan (ICAP) has drafted its recommendations for government to improve situation in energy sector and have showed its disagreement over the plans to privatise Discos at this stage, terming it more hazardous if done with current infrastructure.Recommendations drafted by the Economic Advisory Committee and Government Relations Committee […]

Supreme Court orders SBP to freeze ‘fake’ accounts under FIA probe

Supreme Court orders SBP to freeze ‘fake’ accounts under FIA probe

Chief Justice of Pakistan (CJP) Mian Saqib Nisar on Monday ordered the State Bank of Pakistan to freeze ‘fake’ bank accounts until the time the ongoing investigation by the Federal Investigation Agency (FIA) is complete. The Supreme Court was hearing an application filed by lawyer Khalid Ranjha regarding the operation of the accounts under investigation. […]

Pims private ward where Nawaz is under treatment declared sub-jail

Pims private ward where Nawaz is under treatment declared sub-jail

After former prime minister Nawaz Sharif was shifted from Adiala jail to the Pakistan Institute of Medical Sciences (Pims) due to health complications late Sunday night, the Islamabad chief commissioner declared the private ward of Pims’ cardiac centre — where Sharif is being treated — as sub-jail. A notification issued by the office of the Islamabad chief […]

Enforced disappearance may attract provisions defined under ATA: IHC

Enforced disappearance may attract provisions defined under ATA: IHC

ISLAMABAD: In a landmark judgement on Wednesday, the Islamabad High Court (IHC) defined the concept of enforced disappearance and declared that individuals involved in abducting and detaining citizens at unknown locations may be charged under the Anti-Terrorism Act (ATA). The 47-page judgement, authored by Justice Athar Minallah in the case of a missing IT expert […]

Kevin Spacey under investigation for three more sexual assault allegations

Kevin Spacey under investigation for three more sexual assault allegations

Kevin Spacey is now being investigated for three more sexual assault allegations. According to TMZ, police have reported that three more men have come forward with sexual allegations against the former House of Cards actor. Variety confirmed the allegations by the police and was told, “on Feb. 8, a man reported that he had been sexually assaulted in 2008 […]

Nomination papers: Super rich candidates slip under FBR radar

Nomination papers: Super rich candidates slip under FBR radar

Super rich individuals have slipped under the radar of Federal Board of Revenue (FBR) after submitting nomination papers for general elections 2018 with Election Commission of Pakistan (ECP).As per details garnered, the revenue watchdog has identified hidden assets worth over Rs1000 billion disappearing from the tax net.Sources privy to development stated that FBR had initiated […]

Names of Balochistan’s caretaker CM under consideration: Bizenjo

Names of Balochistan’s caretaker CM under consideration: Bizenjo

QUETTA: Balochistan Chief Minister Mir Abdul Quddus Bizenjo has started consultation with the opposition leader, Abdul Rahim Ziaratwal, to finalise the name of the province’s caretaker chief minister. Different names have been under consideration for the top post in the province. Some of the contenders include Prince Ahmed Ali Ahmedzai, who is currently the provincial […]

‘Fearless’ Pakistan ready to put England under pressure

‘Fearless’ Pakistan ready to put England under pressure

LONDON :Pakistan coach Mickey Arthur believes his “fearless” side have everything to gain when they face an “under the pump” England in the first Test at Lord s on Thursday. England will be looking for some much-needed home comfort after recent winless Test tours of Australia and New Zealand extended their poor away record in cricket s […]

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