ISLAMABAD: The country’s power regulator has slapped a fine of Rs10 million on K-Electric (KE)the power utility that supplies electricity to Karachifor “lack of safety measures/culture” which resulted in the death of a person within its service territory during FY 2022-23. The National Electric Power Regulatory Authority (NEPRA) directed KE to pay the fine in…
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ISLAMABAD: Finance Minister Muhammad Aurangzeb and Planning Minister Ahsan Iqbal raised objections to the formation of a National Digital Commission and the Pakistan Digital Authority, instead called for using the current available infrastructure and taking advantage of innovation in the scientific field. The ministers along with Minister of State for Information Technology (IT) Shaza Fatima…
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ISLAMABAD: The International Monetary Fund has appointed Mahir Binici as the new country head for Pakistan, while the government intensifies efforts to secure the $7 billion loan approval by the last week of September. All this is taking place amid growing suspicions about the motives of the global lender. The IMF’s action to set wrong…
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Listen to article Gold prices in Pakistan have continued their upward trend, even as global rates have seen a decline for the second consecutive day. On Friday, the price of 24-carat gold in Pakistan increased by Rs200 per tola, pushing the new rate to Rs262,000. The price of 10 grams of gold also saw a rise of…
NEW YORK: The World Health Organisation (WHO) has once again declared mpox a global public health emergency, marking the second time in two years that the virus has reached this level of international concern. This declaration comes in response to an outbreak in the Democratic Republic of Congo (DRC) that has rapidly spread to neighboring…
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ISLAMABAD: As Pakistan’s public and guaranteed debt has surged to a record Rs74.6 trillion by the end of June, a new report by the Finance Ministry assesses that in case of any new macroeconomic and fiscal shock the debt and financing needs would jump to unsustainable levels”. The Ministry of Finance’s Debt Sustainability Analysis report…
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Last commissioned play by the late Zia Mohyeddin, director Meher Jaffri’s adaptation debuts in Lahore next month KARACHI: Something about adapting a plague for the stage is elementally unlike a tale of star-crossed lovers, I remark to Meher Jaffri. She takes a moment to mull it over. Theatre proclaims a viscerality of its own. Tragedy…
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LOS ANGELES: Angel City is set to become the world’s most valuable professional women’s sports team after finalising a landmark new ownership agreement with Walt Disney CEO Bob Iger and his wife Willow Bay, the Los Angeles-based club announced on Wednesday. Iger and Bay, dean of the USC Annenberg School for Communication and Journalism, will…
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I would like to suggest a re-evaluation of the current approach to taxation, particularly concerning salaried employees. Countries around the world are focusing on attracting and retaining talent—individuals who can strategise the future of their institutions and drive success through their innovation and experience. If we burden our top talent with unfair and ever-increasing…
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Renowned playback singer Alka Yagnik has opened up about her battle with a rare sensorineural hearing loss, a condition she developed following a viral attack. The singer, known for her melodious voice that has graced countless Bollywood tracks, shared her health update on Instagram, explaining her recent absence from the public eye. “To all my…
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