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Tag Archives: Imran Khan

Pakistan, Saudi Arabia ink accords to further cement cooperation

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ISLAMABAD: Pakistan and Saudi Arabia on Sunday signed seven memorandums of understanding (MoUs) and agreements in diverse fields, including energy, power, petrochemical, mineral resources and sports, to further enhance their cooperation. The signing ceremony held at the Prime Minister House was witnessed by Prime Minister Imran Khan and Saudi Crown Prince Mohammed bin Salman. Saudi Foreign Minister Adel bin Ahmed Al-Jubeir, ... Read More »

PM Imran reiterates commitment for undertaking structural & governance reforms

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  ISLAMABAD: Prime Minister Imran Khan had a meeting with Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF) on the sidelines of the World Government Summit in Dubai on Sunday 10th February 2019. The Prime Minister appreciated IMF’s support to Pakistan and shared his vision for nation-building. He reiterated the government’s commitment for undertaking structural & governance reforms ... Read More »

Customs Today reports set off alarm bells at PM Office, Hammad Azhar takes notice of green channel mega scam

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ISLAMABAD: State Minister for Revenue Hammad Azhar, taking notice of the sheer misuse of Customs green channel facility extensively reported by Customs Today, has directed FBR Chairman Jahanzeb Khan to probe the issue and report back to him. According to details, Hammad Azhar asked the FBR to give him comprehensive presentation on working of Green Channel at Karachi ports and ... Read More »

PM Imran Khan taking solid measures to put economy on right track: Aqeel Karim Dhedhi

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KARACHI: Chairman AKD Group and renowned businessman Aqeel Karim Dhedhi said Prime Minister Imran Khan, after assuming the charge, is taking right measures for strengthening the economy of the country. Talking with Customs Today, he said that the economic condition of the country will gradually improve in the near future as Prime Minister Imran Khan is striving hard to put ... Read More »

Danish envoy puts pressure on Pak govt in multi-billion Maersk scam

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KARACHI: Pakistan’s biggest ever fraud of sales tax is unearthed where Maersk shipping line has evaded billions of rupees sales tax in terms of services provided to its local clients and transfer these huge sums to Denmark where anti-Islam leaders use this money in anti-Islam activities by publishing blasphemous cartoons, hurting feelings of billions of Muslims across the world. Maersk ... Read More »

IK appoints Dr Jahanzeb as FBR chairman with mandate to recover looted Rs 1,000b in Customs green channel

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ISLAMABAD: Dr Muhammad Jahanzeb Khan, a BS-22 officer of Pakistan Administrative Service, is transferred and posted as Chairman Federal Board of Revenue (FBR)/Secretary Revenue Division, with immediate effect and until further orders. PM Imran Khan has given him mandate to enhance FBR’s revenue, curb corruption from the Board and arrest Rs 1000 billion losses to the national exchequer through misuse ... Read More »

PTI asks NAB to hear helicopter case after polls

Imran Khan

ISLAMABAD: The Pakistan Tehreek-i-Insaf has requested the National Accountability Bureau (NAB) to fix the case of alleged misuse of Khyber Pakhtunkhwa government’s helicopter by PTI chairman Imran Khan after the general elections. In a letter to the NAB, the PTI said it is difficult for Mr Khan to appear before it on Wednesday because he is busy in his party’s ... Read More »

KP NAB summons Imran Khan in helicopter scandal next week

Imran Khan

PESHAWAR: The National Accountability Bureau Khyber Pakhtunkhwa has summoned Imran Khan in helicopter scandal case in the coming week. NAB Chairman Justice (R) Javed Iqbal on the appeal of KP NAB approved its call up notice. Imran Khan is accused of illegally using the KP helicopters for 74 hours that caused loss of Rs2,107,181 to the national exchequer. The NAB ... Read More »

Putting OGDCL sale on hold

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The Cabinet Committee on Privatisation has stalled the sale of 10 percent shares of the Oil and Gas Development Company Limited (OGDCL), the largest energy firm in Pakistan, after receiving lukewarm response from the local and international investors to its ambitious agenda of privatisation. The government had offered 311 million shares for sale,but received offers for only 162 million shares ... Read More »

Midday: Bulls rule at KSE, 100-Index touches 31,327pts

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KARACHI: Though the Karachi Stock Exchange (KSE) could not keep the pace of early trading, yet index gained 45 points to reach 31,327 points with the total volume of 67,939,650 shares on Tuesday midday. Earlier, bull-run kept in the stocks sail high after crossing all-time-high as KSE-100 index added another 80.31 points or 0.26 percent to the score tally, taking it ... Read More »

FPCCI chalks out robust economic policy

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KARACHI: Federation of Pakistan Chambers of Commerce and Industry Acting President Shaukat Ahmad has said that the FPCCI has chalked out a comprehensive policy to enhance economic activities in the country and to boost exports. The FPCCI president said that the documents would be presented to Prime Minister Nawaz Sharif, Asif Ali Zardari and Imran Khan for a consensus. He said ... Read More »

KPK miners threaten sit-in in front of Imran Khan’s residence

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MANSEHRA: The provincial government of Khyber Pakhtunkhwa did not lift ban on mining activities, renewal and issuance of mining licences due to which the Khyber Pakhtunkhwa Mines Owners Association threatened to stage a sit-in in front of PTI chairman Imran Khan’s residence in Islamabad if the provincial government failed to lift ban. “The ban imposed by the provincial government since ... Read More »

Railways target up 10.714% from Rs 28b to Rs 31b, to get 70 locos, NLC agreement on Nov 14

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LAHORE:In an important milestone, Railways target has risen 10.714% from Rs 28 billion to Rs 31 billion and will get get 70 locomotives besides signing agreement with NLC on November 14. Railways Minister Khawaja Saad Rafique here the other day revealed that 70 locomotives would be dedicated for freight sector of Pakistan Railways before the end of fiscal year 2014-15. He ... Read More »

Imran doesn’t pay property tax of Zaman Park residence

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LAHORE: Pakistan Tehreek-e-Insaf Chairman Imran Khan has not paid the property tax on his Zaman Park residence. Commencing his civil disobedience movement against the Nawaz-led government around two months ago, Imran had refused to pay his electricity bills and other taxes. To record his protest against inflated electricity bills, the PTI supremo had burnt his electricity bills at the Islamabad sit-in ... Read More »

Weekly roundup: Bulls keep hold at KSE 100-Index with 206 score

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KARACHI: Severe fight remained continued between bulls and bears at KSE during last week but finally bulls took edge over bears scoring 206.01 points at end of the week on Friday. The Karachi Stock Exchange (KSE) 100-index started with negative note on Monday and maintained this trend till end of the day, losing 171.98 points to finish at 29711.12 points ... Read More »

PTI’s Mazari shows documents, accounts numbers of Sharifs business deals with India

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ISLAMABAD: Tehreek-e-Insaf (PTI) Central Information Secretary Dr Shireen Mazari the other day said that Sharif’s brother business deals with Indian steel tycoons are an open secret and the sharif brothers are lying to the nation. Dr Mazari showed to media persons documents revealing account numbers that showed some of Prime Minister Mian Nawaz Sharif’s relatives had inked business deals with ... Read More »

Fauji, Engro biggest gainers as KSE crosses 30,000 barrier

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KARACHI: The Karachi Stock Exchange (KSE) 100-index continued its bullish trend to cross 30,000 barrier on Thursday and gained 84.74 points to reach 30025.13 points with a volume of 108,461,400 shares. KSE made a good start in the first session and kept this bullish note till midday, crossing psychological barrier of 30,000 and gained 108.83 points to reach 30049.22 points ... Read More »

Tahirul Qadri calls it quits, traders cheer up after 2 months

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ISLAMABAD: Pakistan Awami Tehreek (PAT) chief Tahirul Qadri has shelved his party’s more than two month old sit-in in the federal capital. Traders and businessmen especially in Islamabad have shown contentment on Tahirul Qadri’s decision as business activities in the twin cities would come to touch peak again. Pakistan Awami Tehreek (PAT) chief, Dr. Tahirul Qadri has announced to temporarily ... Read More »

KSE continues bearish spree for 6th consecutive day, loses 689 points

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KARACHI: Political uncertainty due to Imran Khan and Tahirul Qadri’s sit-ins, widening of gulf between MQM and PPP and profit-taking by shareholders caused 6th consecutive bearish rally at KSE-100 on Tuesday, losing another 16.85 points to close at 29694.27 points. The benchmark 100-Index almost lost 689 points in 6 straight days, in a rarely witnessed bearish spree. The benchmark KSE ... Read More »

PTI protest’s fear compels NEPRA to retain power tariff

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ISLAMABAD: The government on Tuesday decided to retain the electricity tariff at an average rate of Rs11.52 per unit against a tariff of Rs13.81 per unit suggested by National Electric Power Regulatory Authority (NEPRA). The government decision is seemed to be heavily influenced by the announcement of PTI to stage protests against hike in power tariff. The government decided to ... Read More »