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Businessmen Are Calling For Revising Strategies

Business leaders of different economic sectors are called for revising business strategies due to extended lock down. Holding business activities, while allowing limited yet closely-monitored industrial and trade activities, are the efforts taken by federal and provincial governments to contain the spread of COVID-19.According to the business leaders, the revision will provide extended...

There is NO Deal Between The Industry Leaders And The Govt On Tax Refunds For Payrolls

Since the PM announced the construction relief package, tax refunds speeded up. Tax officials said that they are on track to complete the disbursement of Rs 100 billion by the end of this month under the PM package. The relief package promised that these refunds will be given to the respective recipients so that they can use...

Ramazan Relief Package is Ready

The Economic Coordination Committee (ECC) of the cabinet has finally approved a Ramazan relief package of Rs 2.5 bn at its meeting on Wednesday.The meeting, presided over by Dr. Abdul Hafeez Shaikh - Prime Minister’s Adviser on Finance, directed that the Ramazan package will ensure the sale of five essential items via Utility...

No more restrictions on prayer congregations

Despite the government's pleas of observing social distancing, all the senior clerics (around 53) of Wafaqul Madaris al Arabia, held a meeting in Jamia Darul Uloom Zakariyya, Tarnol, Islamabad. Some other senior clerics representing different banned groups (including Ahle Sunnat Wal Jamaat), seminaries (including Taleem ul Quran Raja Bazar), political and non-political parties (including Jamiat Ulema Islam-Fazl...

Mufti Muneeb is with PM’s decision to extend the lockdown

Mufti Muneeb-ur-Rehman, chairman of Ruet-e-Hilal Committee has supported the decision taken by Prime Minister Imran Khan regarding the extension of the countrywide lockdown and also said that Ulema would indulge in discussions to deal with the congregational prayers.Noor-ul-Haq Qadri said to the Federal Minister for Religious Affairs and Inter-faith Harmony, via telephone, that...

Asia’s economy will likely grind to a halt this year for the first time in 6 decades: IMF

For the first time in 60 years, Asia’s economic growth is going to a halt due to the coronavirus crisis, which is taking an “unprecedented” toll on the region’s economic conditions, especially the service sector and their export destinations.According to Changyong Rhee, director of the IMF’s Asia and Pacific Department, policymakers need to...

Have Anyone Noticed – While The Western World is Fighting COVID-19, Terrorism Has SURPRISINGLY Stopped

The speedy outbreak of COVID-19 has created its own form of terror, upending daily lives, emptying streets, restaurants and cafes, dividing people from one another, paralyzing economies, and whatnot.While in the midst of the pandemic, when much of Europe and the United States has been staying home, practicing social distancing, to avoid the...

Shares at PSX see a 6pc rice after central bank slashed rate by 200 points

Today, trading at Pakistan Stock Exchange - PSX was halted after the benchmark KSE-100 index reached up to 1,500 points — a 5 per cent rise; it exactly happened a day after the State Bank of Pakistan (SBP) surprisingly pushed down the country's policy rate by 200 points.In the first half of trading,...

Is COVID-19 a Once-In-A-Generation Chance To Rebuild A Future? Or Make Existing Injustices Worse

Everything, right from morning walk to late night scrolling, is new, unbelievable and overwhelming - it feels like we are walking into an old recurring dream.From February, we are refreshing the news developments, not because of a civic sense that news following is essential, but because so much may have happened since the...

Army Leader Reviewed Coronavirus Situation in the 31st Corps Commanders’ Conference

In the 31st Corps Commanders Conference chaired by Gen Qamar Javed Bajwa, the geo-strategic, regional and national security conditions that are arising due to COVID-19, have discussed. The chief directed all commanders to extend assistance in resource movement to reach the staple supplements to far-flung areas such as GB, AJ & K, Balochistan, and Interior Sindh. 

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Reportedly, mobility trends in retail went down by 65 per cent in Pakistan

Pakistan is in the state of lockdown for over four weeks. The government easing some restrictions recently, saying that if a complete lockdown...

PIA fares will be rationalized soon

The chief chief executive officer of Pakistan International Airlines (PIA), Air Marshal Arshad Malik, has promised to ‘rationalize’ its fares, thanks to...

SC will now scrutinized Bait-ul-Maal & Zakat funds

Lack of transparency in distribution of Baitul Mal and Zakat and funds stir the Supreme Court to take the matters of the...