A grand jury in New York has indicted former Hollywood producer Harvey Weinstein on new sex crime charges, as announced by prosecutors during a court session on Thursday. The details of the indictment remain sealed until Weinstein can be formally arraigned. According to his defense attorney, Arthur Aidala, the new charges may include up to … Read more
A general view of the high voltage lines during a nationwide power outage in Rawalpindi on January 23, 2023. — AFP SAPM Muhammad Ali playing key role in investigation: sources. Members of probe committee visit plants to collect record, data. Govt to reduce capacity payment, profit of state-owned plants. ISLAMABAD: The government’s investigation team summoned 13 independent power … Read more
Pakistan has requested Saudi Arabia to increase its lending by approximately $1.5 billion, adding to the existing $5 billion portfolio, to help meet the external financing requirements necessary for the International Monetary Fund’s (IMF) 37-month bailout package. The IMF requires confirmation from Pakistan’s three key bilateral partners—Saudi Arabia, China, and the UAE—regarding their $12 billion … Read more
ISLAMABAD: The Economic Coordination Committee (ECC) granted approval on Thursday for the export of an additional 100,000 metric tons (MT) of sugar, subject to specific conditions. The decision was made during a meeting chaired by Federal Minister for Finance and Revenue, Muhammad Aurangzeb, following a summary presented by the Ministry of Industries & Production. This … Read more
ISLAMABAD: Crescent Steel and Allied Products Limited (CSAP) has entered into an agreement with the joint venture of China Harbour Engineering Company Limited (CHEC) and Al-Fajr International (AFI) to supply an increased quantity of coated pipes for the K-IV project, formally known as the Greater Karachi Bulk Water Supply Scheme. In a notice to the … Read more
Federal Minister for Planning, Ahsan Iqbal, has indicated that the Public Sector Development Programme (PSDP) may face further cuts, with the budget potentially being reduced by an additional 200 to 400 billion rupees. In an interview with Express News, Ahsan Iqbal explained that due to Pakistan’s ongoing economic challenges, the current development budget is insufficient … Read more