Pakistan gets access to Russian seafood market

ISLAMABAD: Pakistan has tapped a $300 million Russian seafood market with approval of 16 local processing plants for export of their products. Russian seafood imports are estimated at around $3 billion and now Pakistan can make inroads into this vast market. At present, Pakistan’s overall seafood exports stand close to $500 million per annum, which…

Read More

Govt mulls 20% windfall gain tax

ISLAMABAD: The government is considering proposals either seeking imposition of a windfall gain tax to take a pie out of the estimated Rs130 billion profit being earned by oil sector companies during war time or a mechanism to pay back to consumers after recovering the money from these entities. Prime Minister Shehbaz Sharif has constituted…

Read More

PM Shehbaz orders probe into non-functional early weather warning systems in G-B

Directs more effective pre-emptive strategy by this year to address illegal encroachments along river paths Prime Minister Shehbaz Sharif chairs a meeting to review preparations for the upcoming monsoon season. PHOTO: PID Prime Minister Shehbaz Sharif on Thursday ordered an inquiry into the non-functional early weather warning systems in Gilgit-Baltistan (G-B), expressing anger over their…

Read More

Backchannels bring Iran-US talks back on track

A staff member removes the Iranian flag from the stage after a group picture with foreign ministers and representatives of the US, Iran, China, Russia, Britain, Germany, France and the European Union during the Iran nuclear talks at the Vienna International Centre in Vienna, Austria July 14, 2015. PHOTO: REUTERS/FILE ISLAMABAD: Pakistan is set to…

Read More

Another case of police excesses surfaces

The report further showed that the additional SHO had been previously found guilty of framing a man in a fake case HARIPUR: After Peshawar, a case of police excesses has emerged from Haripur where a senior police officer allegedly beat up a clerk at a filling station for refusing service to his son. A report…

Read More