PaK News
Irrespective of their durability and quality, a number of Chinese products have not only made deeper inroads in Pakistani markets — either through legal imports, informal channels, or joint ventures for local assembly — but have also gained popularity among the masses due to their affordability. Some Chinese imports, official or illegal, have literally wiped…
In the wheat sector, the government has decided to take two major policy shifts: abolishing the decades-long practice of setting a support price and discontinuing direct procurement from farmers. These policy measures mark a shift towards deregulating the wheat market, a longstanding demand of the International Monetary Fund (IMF) and other international lenders. Historically, the…
Chinese President Xi Jinping held a meeting Monday with top private business leaders including Alibaba co-founder Jack Ma, state media footage showed. Since coming to power more than a decade ago, Xi has consistently sought to bolster the role of state enterprises in the world’s second-largest economy and warned against the “disorderly” expansion of the…
Following the imposition of higher tax rates on Pakistan’s captive taxpayers (the salaried class), citizens now contribute Rs1.3 billion daily to the national exchequer. Totalling Rs41bn each month, annual tax collection is expected to exceed the Rs500bn mark by the end of FY25 against Rs368bn collected in FY24. While this boosts the Federal Board of…
US President Donald Trump said on Sunday he could meet “very soon” with Vladimir Putin, adding he believes his Russian counterpart genuinely wants to stop fighting in Ukraine. “No time set, but it could be very soon,” Trump told reporters, hours after Secretary of State Marco Rubio sought to play down expectations of upcoming high-level…
The last time Pakistan hosted an ICC event was the World Cup in 1996. Since then, times have seen the sport in the country undergo numerous changes, most of them aren’t to be proud of. The ICC Champions Trophy has been held eight times since its inaugural edition in 1998. But it wouldn’t be wrong…
WASHINGTON: As Pakistani-American groups step up attempts to engage with the new Congress, it is becoming increasingly clear that Washington’s policy towards Islamabad will be dictated by US security and foreign policy interests, rather than anything else. The Pakistani American Political Action Committee (PAKPAC) organised meetings on Capitol Hill throughout the week, pressing lawmakers to…
• Family of Morocco boat tragedy victims sold land, paid Rs4m each so Sufyan and Atif could make it to Spain from Mauritania• FIA official says ‘success stories’ of those who made it big in the West inspire many to send their family members abroad About 30 minutes drive from the GT Road, in tehsil…
ISLAMABAD: Top officials of the National Electric and Power Regulatory Authority (Nepra) have significantly increased their remunerations, without mandatory approval by the federal cabinet, sources told Dawn. The increase has come at a time when the power sector is facing massive technical, commercial and distribution losses. The chairperson and members of all the regulatory bodies…
KARACHI: PPP chairman Bilawal Bhutto-Zardari has criticised PTI founder Imran Khan and his narrative, attributing the rising disillusionment among the nation’s youth to the ex-premier’s actions, which he claims have “destroyed everything for personal gain”. Speaking to the media on the sidelines of the Munich Security Conference, the PPP chairman defended the role of the…