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High-ranking US military officials subjected to polygraph tests over information leaks: CBS

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Pentagon investigates unauthorized disclosures revealing shortfalls in strategic missile stockpiles US investigators in August administered polygraph tests to 50 military officers and civilian officials following leaks concerning depleted American munitions stocks, according to multiple media reports on Friday. The probe targeted personnel with the Joint Staff, a group of senior military leaders advising the president, … Read more

Gold prices rise Rs3,900/tola despite global dip

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[ KARACHI: Gold prices in Pakistan moved higher on Friday, even as the precious metal declined in the international market following stronger-than-expected US employment data that raised expectations of an earlier rate hike by the Federal Reserve. According to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association, the price of gold increased by … Read more

Stocks rise amid record OGDC earnings

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[ KARACHI: Pakistan Stock Exchange (PSX) closed the week modestly higher on Friday as the benchmark KSE-100 index gained almost 400 points to settle near 175,330. The rebound trimmed the week-on-week decline to 1.33% after a range-bound session in which investors largely stayed on the sidelines. Arif Habib Limited (AHL), in its report, called it … Read more

$16b fossil fuel import bill strains reserves

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[ KARACHI: Pakistan’s growing dependence on imported fuel is putting severe pressure on its foreign exchange reserves, making immediate investment in renewable energy essential, said Federal B Area Association of Trade and Industry President Sheikh Muhammad Tehseen. He said Pakistan’s oil imports had increased by 5.76% annually, while the country spent more than $16 billion … Read more

Sarmad Khoosat’s ‘Lali’ to screen at BFI London Film Festival

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photo instagram

Sarmad Khoosat’s Lali picked up another major festival credit, being selected for the 70th BFI London Film Festival, the United Kingdom’s largest film event, running from October 7 to 18. Khoosat shared the news on Instagram after the festival unveiled the line-up, posting images from the programme announcement. “To be in this line-up, and to get … Read more

Maj Gen Faisal made NACTA coordinator

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. ISLAMABAD: Major General Faisal Naseer was appointed on Friday as national coordinator of the National Counter Terrorism Authority (NACTA) for a period of three years on a “secondment basis”. According to a notification from the Establishment Division, the Inter-Services Intelligence’s (ISI) director general of counterintelligence was appointed with the “approval of the federal government” … Read more

Explosion at Bolivia military base kills at least 10, dozens injured

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Residents wait to return to their homes following explosions that left people dead and injured at the “Bolivar” Mechanized Artillery Regiment, in Viacha, Bolivia. Photo: Reuters At least 10 people were killed and dozens more injured on ​Friday after an explosion at a military ‌barracks in the Bolivian municipality of Viacha, about 30 km (19 … Read more

Efforts on to cut civil govt, debt servicing expenses

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[ ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Friday said the government was committed to maintaining macroeconomic stability and steering the economy from stabilisation towards sustainable growth. He also stressed the need to stay on course in structural reforms and strengthen the private sector’s role through privatisation and public-private partnerships (PPPs). … Read more

Sweetener’s import raises eyebrows

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[ ISLAMABAD: The import of sugar and then its export to dispose of unsold stocks, which is happening now, have raised serious questions about data maintenance relating to the commodity’s availability, stocks and domestic consumption. This has also sparked questions about the role of the Sugar Advisory Board and the food ministry, which deal with … Read more