Modi will be sworn into office for a third term this weekend following a poll that deprived his ruling Bharatiya Janata Party (BJP) of a majority, forcing it to rely on coalition allies to govern. Gandhi defied analysts’ expectations and exit polls to help his Congress party nearly double its parliamentary numbers, its best result […]
If approved by Prime Minister Shehbaz Sharif and subsequently by the National Assembly without succumbing to the pressure from traders, this proposal has the potential to add hundreds of billions of rupees to tax receipts. According to two other proposals, the tax authorities have recommended an increase in withholding tax by at least 1% on […]
Sources said that the matter was taken up during a recent meeting of the Economic Coordination Committee (ECC) of the cabinet, where it was highlighted that PIA had allegedly flouted the terms of a loan agreement reached with the National Bank of Pakistan (NBP). During the discussion, the arrangement made with the bank regarding the […]
The President of Pakistan is pleased to constitute the National Economic Council, according to a notification issued by the Cabinet Division on Friday. The federal government had convened the NEC meeting on June 3rd without realizing that the NEC was not in place. The NEC meeting will now take place on Monday. The Deputy Prime […]
Putin, whose forces have been making advances in eastern Ukraine in recent months, said he did not see the conditions for the use of such weapons and requested that people stop discussing the nuclear topic. However, Putin, who leads the world’s biggest nuclear power, said he did not rule out changes to Russia’s nuclear doctrine, […]
U.S.-backed Qatari and Egyptian mediators have tried again this week to reconcile clashing demands preventing a halt to the hostilities, a release of Israeli hostages and Palestinians jailed in Israel, and an unrestricted flow of aid into Gaza to alleviate a humanitarian disaster. But sources close to the talks said there were still no signs […]
The World Health Organization on Wednesday announced that the first laboratory-confirmed human case of infection with H5N2 avian influenza virus had been reported from Mexico. Mexico’s health ministry said the 59-year-old man had a history of chronic kidney disease, type 2 diabetes and long-standing systemic arterial hypertension. He had been bedridden for three weeks before […]
Rio’s civil police said in a statement that Rui Paulo Goncalves Estevao, also known as “Pipito” was the alleged head of an organized criminal group accused of extortion and sowing terror in the city. When he was approached, he attacked the agents and a confrontation ensued. The criminal was hit and taken to a local […]
Sources close to the development revealed that the government tasked a commission with collecting an estimated Rs 60 billion. This initiative comes as part of the upcoming government budget, which is expected to introduce stringent measures against smuggling and non-duty-paid goods. Sources claimed that the shops found selling smuggled or non-duty-paid cigarettes would be imposed […]
Elevate a fintech based in London and Dubai has secured financing of $5 million to expand further into South Asia. They’ve raised a total of $10 million in equity and debt from investors including Y Combinator, Goodwater, Global Founders Capital, and VSQ Since launching earlier this year, over 50,000 Freelancers and remote workers from Pakistan […]
