Central bank pumps Rs11tr into market

[ KARACHI: The State Bank of Pakistan (SBP) on Friday injected over Rs11 trillion into the money market through conventional and Shariah-compliant open market operations (OMOs) to ensure liquidity in the banking system and indirectly meet state fiscal needs. According to SBP, Rs11.03 trillion was accepted under the conventional reverse repo purchase facility. This comprised … Read more

Hollywood, Democrats condemn suspension of Kimmel

tourists walk by the entrance of el capitan entertainment centre on hollywood boulevard from where jimmy kimmel live was being broadcast photo afp

LOS ANGELES: Hollywood unions, Democratic lawmakers and former president Barack Obama on Thursday condemned the suspension of late-night host Jimmy Kimmel, calling it a dangerous attack on free speech after ABC yanked his programme “Jimmy Kimmel Live” over remarks about murdered right-wing activist Charlie Kirk. The Walt Disney-owned broadcaster said the show would be pulled … Read more

Palestinian future to dominate UN gathering

UNITED NATIONS: More than 140 world leaders will descend on New York next week for the annual United Nations General Assembly summit, which will be dominated this year by the future of the Palestinians and Gaza. One world leader who will miss the gathering is Mahmud Abbas, the Palestinian president who Washington denied a visa … Read more

UN allows Abbas to speak via video

UNITED NATIONS: The United Nations General Assembly voted on Friday to allow Palestinian President Mahmoud Abbas to address the annual gathering of world leaders next week via video after the United States said it would not give him a visa to travel to New York. The resolution received 145 votes in favor and five votes … Read more

Ajmal Siraj remembered on first anniversary

poet ajmal siraj

KARACHI: The Arts Council of Pakistan Karachi on Thursday held a memorial event at the Haseena Moin Hall to mark the first death anniversary of celebrated poet Ajmal Siraj, drawing an audience of family, colleagues, literary figures and admirers. Moderated by Siraj’s son, Abdul Rehman Momin, the event featured a short video reel showcasing the … Read more

Celebrities rally at Gaza fundraiser

LONDON: Pro-Palestinian slogans rang out at the OVO Arena Wembley on Wednesday night as 12,500 people filled the sold-out venue for Britain’s biggest fundraising concert for Gaza. The live-streamed event, Together for Palestine (T4P) – the latest in a wave of pro-Palestinian demonstrations and cultural events across the British capital — saw tickets priced at £70 … Read more

Large industries to get cheaper power

[ ISLAMABAD: Federal Minister for Energy, Sardar Awais Ahmad Leghari, has reaffirmed the government’s determination to establish a transparent and competitive electricity market, declaring that the Competitive Trading Bilateral Contracts Market (CTBCM) reforms are a guarantee of Pakistan’s energy future. He made the remarks while virtually addressing a stakeholder workshop on the CTBCM and Wheeling … Read more

Govt clears way for new RLNG connections

[ ISLAMABAD: Federal Minister for Petroleum Ali Pervaiz Malik reviewed a comprehensive rollout plan on Friday for providing Regasified Liquefied Natural Gas (RLNG) connections to domestic consumers. To ensure effective oversight and timely execution of this massive public welfare project, the minister directed the immediate creation of a dedicated Project Management Office (PMO) at both … Read more

‘Illegal Afghans involved in terrorism’

ISLAMABAD: Director General Inter-Services Public Relations (ISPR) Lt-Gen Ahmed Sharif Chaudhry has said that there is credible evidence that illegal Afghan nationals were involved in terrorism and serious crimes in Pakistan. In an interview with a German magazine, the DG ISPR said Pakistan hosted millions of Afghan refugees for 40 years. He said that Pakistan … Read more