ISLAMABAD: Finance Minister Muhammad Aurangzeb on Saturday rejected concerns over Pakistan’s GDP calculations and economic data, asserting that all national accounts are compiled under internationally recognised standards. He also emphasized that national consensus remained essential to sustaining economic recovery and reform momentum. Winding up the general debate on the Federal Budget 202627 in the National…
Former Pakistani prime minister Imran Khan speaks with Reuters during an interview, in Lahore, Pakistan March 17, 2023. — REUTERS Eight members of the Pakistan Bar Council (PBC) on Saturday strongly condemned “the government’s blatant, willful and deliberate violation” of a Supreme Court (SC) August 18 order concerning the medical examination of former prime minister…
Overall market participation was strong, as 1,066 million shares were traded with a total value of Rs. 49 billion. KEL led the volume chart, with 195.8 million shares..Photo: Express KARACHI: The Pakistan Stock Exchange (PSX) displayed positive sentiment in the first half of trading on Thursday, with the benchmark KSE-100 Index rising over 250 points…
Judge Rita Lin overturns Pentagon’s ‘supply chain risk’ label as second sanction awaits ruling Anthropic logo, a keyboard, and a robotic hand in this illustration. Photo: Reuters A United States federal judge ruled Thursday that sanctions imposed in February by the Trump administration against AI giant Anthropic were illegal, finding that the government had punished…
Pakistan Finance Minister Muhammad Aurangzeb. Photo: Reuters/ File ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb met Pakistan Digital Authority (PDA) Chairperson Dr Sohail Munir to discuss digital transformation, digital finance and measures to improve access to finance through technology, a statement from the Ministry of Finance said on Thursday. Aurangzeb emphasised the…
Benchmark KSE-100 Index gains 464.19 points amid improving geopolitical sentiment KARACHI: The Pakistan Stock Exchange (PSX) opened the week on a positive note on Monday, mirroring a rally across Asian markets as improving geopolitical sentiment and softer oil prices boosted investor confidence. The benchmark KSE-100 Index was trading at 179,386.94 points at 12:34pm, higher by…
ISLAMABAD: A parliamentary panel on Tuesday asked the government to explain the reasons for keeping a key position of deputy governor at the central bank vacant for the past one and a half years, as it also expressed dissatisfaction over the performance of the debt office. The Senate Standing Committee on Finance instructed both the…
Owner decision-making, flawed EPC terms and weak evaluation criteria are to blame ISLAMABAD: Pakistan has recently made a number of hydrocarbon discoveries, which need rapid and economical development. This led me to study some associated project execution practices currently in vogue and share suggestions which may help. Although a project always has two major parties…
India’s captain Shubman Gill runs between the wickets during the fourth day of the first Test. Photo: AFP GALLE: India were all out for 193 in their second innings, setting Sri Lanka a victory target of 372 on day four of the opening test in Galle on Tuesday. India claimed a first-innings lead of 178…
Martin Odegaard lifts the trophy as he celebrates with team-mates after winning the FA Community Shield at the Principality Stadium in Cardiff. Photo: REUTERS CARDIF: Arsenal powered to a 3-0 win against Manchester City in the Community Shield on Sunday, delivering a swaggering statement of intent ahead of their Premier League title defence. Mikel Arteta’s…