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Land corruption inflicts Rs3tr loss in Karachi alone, says NAB chief – Pakistan

KARACHI: Expressing serious concerns about realty fraudulent practices across Sindh, National Accountability Bureau (NAB) Chairman retired Lt Gen Nazir Ahmed Butt has disclosed that in Karachi alone documents for 7,500 acres have been falsified leading to corruption amounting to Rs3,000 billion, according to a press release of the Association of Builders and Developers (ABAD) on…

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NA panel expands scope of non-filer purchases in tax bill – Business

ISLAMABAD: The National Assembly Standing Committee on Finance and Revenue has expanded the scope of non-filers’ purchases, allowing them to buy rickshaws, motorcycles, tractors and cars up to 800cc. The decision was part of the committee’s approval of a sub-committee report recommending revisions to The Tax Laws (Amendment) Bill, 2024, aimed at addressing stakeholder concerns…

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All’s not well in MVA? Sharad Pawar’s praise for Eknath Shinde draws ire from Uddhav Thackeray’s party | India News

NEW DELHI: The Maha Vikas Aghadi (MVA) is facing internal tensions after Nationalist Congress Party (Sharad Pawar faction) president Sharad Pawar felicitated Maharashtra deputy chief minister Eknath Shinde at an event in Delhi. The move has not gone down well with the Shiv Sena (UBT), with senior party leader Sanjay Raut strongly criticising Pawar for…

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‘Peca stifles free speech, doesn’t curb disinformation’ – Newspaper

• Reporters Without Borders calls recent amendments ‘dangerous tool in hands of authorities’• IHC asks attorney general to help court with journalists’ petition• Journalists to observe ‘hunger strike’ today across the country against changes to cybercrime law ISLAMABAD: The recent amendments to the Prevention of Electronic Crimes Act (Peca) will stifle free speech instead of…

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Retail inflation declines to 4.31% in January

Retail inflation eased to 4.31 per cent in January from 5.22 per cent in December primarily due to declining food costs, as per the official data released on Wednesday. The retail inflation, measured by Consumer Price Index (CPI) was 5.1 per cent in January 2024.Additionally, food inflation stood at 6.02 per cent, showing a major…

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BYD to integrate DeepSeek software into its cars – World

BEIJING: Shares in Chinese automaker BYD jumped on Tuesday after it unveiled plans to unroll advanced self-driving techno­­logy on nearly all its cars, including budget models priced below $10,000. The company also said it would integrate AI startup Deepseek’s software into its cars, following domestic peers such as Geely, Great Wall Motors, and Leapmotor. BYD…

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