Your daily dose of insights
[ ISLAMABAD: The government has deferred approval of a budget exceeding Rs5.4 billion for payments to foreign consultants hired to prepare policies and investment-grade documents aimed at attracting foreign investment from Gulf countries. Approval for the funds, mainly for American consultancy firm AT Kearney and any other new foreign consultancy hiring, has been sought through … Read more
. RSF announcement. Photo: AFP PORT SUDAN: Sudan’s paramilitary Rapid Support Forces, at war with the regular army for more than two years, announced on Thursday that they had agreed to a proposal for a humanitarian truce put forward by mediators. The announcement follows the paramilitaries’ capture of the major city of El-Fasher, which dislodged … Read more
[ Iesco stood on top in the wake of its plausible performance to curb losses, improve recoveries and act in line with the time frame for new connections. PHOTO: FILE ISLAMABAD: Industry players have rejected the government’s claims of reducing circular debt, tariff cuts due to revisions in agreements with independent power producers (IPPs) and … Read more
The billionaire Steve Cohen is reported to have purchased the 18-karat flushable sculpture by Maurizio Cattelan in 2017. It’s now coming up for sale at Sotheby’s.
Khyber-Pakhtunkhwa Chief Minister Sohail Afridi attends the Grand Peace Jirga along with tribal elders in Peshawar on Saturday. Photo: X PESHAWAR: The Khyber-Pakhtunkhwa (K-P) government will hold a peace jirga on November 12 to address the deteriorating security situation in the province, with the federal government accepting its invitation to participate. Announcing the jirga at … Read more
The decision comes days before the Syrian president, Ahmed al-Shara, is expected in Washington for the first time since he came to power.
[ Three-year incremental consumption package aims to revive demand amid 14% industrial, 47% agricultural decline Nepra officials warned Gepco over the illegal installation of Advanced Metering Infrastructure (AMI) on small meters. They said that the company was installing AMI without approval of the regulator and even without data backup. Photo: file ISLAMABAD: The National Electric … Read more
[ Pakistan, UK seek to expand £5.5b trade as July mechanism faces six-month deadline Minister for Planning Development & Special Initiatives Ahsan Iqbal. PHOTO: APP LONDON: Planning Minister Ahsan Iqbal and UK Minister of State for Trade Policy Chris Bryant have agreed to accelerate implementation of the Pakistan-UK Trade Dialogue Mechanism to enhance economic cooperation … Read more
With sharp honesty and simmering anger, Kristen Stewart slams regression on women’s progress Kristen Stewart. Photo: file Kristen Stewart delivered a fierce and emotionally charged speech at the Academy and Chanel Women’s Luncheon, condemning Hollywood for what she described as a ‘devastating’ backslide in opportunities for women filmmakers after the momentum of the ‘Me Too’ … Read more
LAHORE: Despite the government’s efforts to lure foreign direct investment (FDI) to stabilise a fragile economy, industry stakeholders believe that short-term inflows will remain episodic unless deep-rooted structural reforms are implemented to ensure long-term, innovation-based growth. Local industry experts argue that the recent influx of investment pledges from China, the UAE and Belarus are encouraging, … Read more
