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JUI expels Senator Ahmed Khan for voting in favor of the 27th Constitutional Amendment
Posted onISLAMABAD: The Jamiat Ulema-e-Islam (JUI) has expelled Senator Ahmed Khan from the party after he voted in favor of the 27th Constitutional Amendment. According to an official statement issued by the JUI, the decision was made because Ahmed Khan’s vote went against the party policy. The party has demanded that Ahmed Khan immediately resign from…
PDWP Approves Seven Development Projects Worth Over Rs7.5 Billion
Posted onBy Farzana Chaudhry | Lahore, PakistanLAHORE: The Provincial Development Working Party (PDWP) has approved seven development projects worth more than Rs7.5 billion across multiple sectors, officials said on Wednesday.The approvals were granted during the 63rd meeting of the PDWP, chaired by Chairman Planning and Development (P&D) Board Dr Naeem Rauf.Among the approved schemes is the…
Pakistan’s External Debt Surpasses $138 Billion as Interest Payments Surge 84%
Posted onISLAMABAD: Pakistan’s total external debt and liabilities have exceeded $138 billion, while interest payments on foreign loans have surged by 84 percent over the past three years, according to an official government document.A report by the Economic Affairs Division revealed that Pakistan paid $3.59 billion in interest on external debt last year alone — an…
Trump says India offered to remove tariffs on US goods
Posted onUS President Donald Trump says India has offered to cut its tariffs “to nothing” even as he called the current trade stalemate with the country “a totally one sided disaster”. US tariffs of 50% on goods from India – which includes 25% penalty for Delhi’s refusal to stop buying oil from Russia – took effect…
SMEs Key to Economic Growth, Says LCCI President at Finance and Banking Expo
Posted onBy Farzana ChaudhryLahore, PakistanLAHORE: The Lahore Chamber of Commerce and Industry (LCCI) organized the SME Finance and Banking Expo on Thursday to provide small and medium enterprises (SMEs) with direct access to banking facilities, financing schemes, and financial products. The day-long event saw participation from almost all major commercial banks, Islamic banks, and financial institutions…
Munich airport closes after drones spotted nearby
Posted onGermany’s Munich airport has cancelled more than a dozen flights after drones were seen close to its airspace. At least 17 flights were grounded in Munich, affecting nearly 3,000 passengers. Munich airport said it diverted a further 15 flights to nearby cities. There was no immediate confirmation of where the drones had come from. Several…
