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Ahsan to participate in annual session of IMF,World Bank

NEW YORK-UNS – Interior Minister Ahsan Iqbal reached United States on Tuesday to participate in the annual session of International Monetary Fund (IMF) and World Bank. During his three-day official visit, Ahsan Iqbal will raise the matter of United States Secretary of Defense James Mattis’ …

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CCP issues show cause notice to TELENOR PAKISTAN for deceptive marketing practices

ISLAMABAD -UNS :The Competition Commission of Pakistan (CCP) has issued a Show Cause Notice to Telenor Pakistan for prima facie violating Section 10 of the Competition Act 2010 by deceptively marketing the price and geographical availability of its 4G services. ZONG Pakistan sent a formal …

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‘We want our money back’: France to Britain

PARIS: Britain needs to settle its bill with the EU before beginning talks on a post-Brexit trade deal, French Economy Minister Bruno Le Maire said, declaring: “We want our money back”. In an interview with France’s CNews channel on Tuesday evening, Le Maire said it …

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Pakistan,Cambodia to enhance parliamentary linkages,trade volume

ISLAMABAD- Pakistan and Cambodia would enhance the bilateral ties to further strengthen the parliamentary linkages and increase the existing low trade volume between the two countries to its optimal potential. This was deliberated in a meeting of Chairman Mian Raza Rabbani with Prime Minister, Hun …

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Petrol bomb: Petrolium products prices increased

ISLAMABAD -UNS: The federal government has revised prices of petroleum products for the month of October. According to Ministry of Finance, prices of petrol, high speed and light diesel have been increased by Rs.2 per liter and kerosene oil by Rs.4 per liter. The new …

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SBP keeps policy interest rate unchanged

KARACHI -UNS : The State Bank of Pakistan (SBP) has kept main policy interest rate unchanged at 5.75 percent. Following is SBP statement over the policy interest rate: Macroeconomic environment remains conducive to growth without impacting headline inflation. Favorable initial estimates of major crops, a …

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Cost of climate disasters to reach half of US growth in a decade: report

Economic losses from severe storms, hurricanes, floods, drought and wildfires are projected to reach at least $360 billion a year in the next decade in America, about half of annual US growth, according to a report out Wednesday. Since some kinds of severe weather can …

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Uber boss says sorry over ‘mistakes’

The chief executive of Uber apologised Monday for “mistakes” made by the US ride-sharing app after London authorities refused to renew its licence, but still vowed to appeal the decision. “While Uber had revolutionised the way people move in cities around the world, it’s equally …

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‘Finance Minister Ishaq Dar will resign in couple of days’

LONDON -UNS : The leadership of Pakistan Muslim League-Nawaz (PML-N) has decided to remove Finance Minister Ishaq Dar in the wake of inquiry into corruption allegations against him. According to our correspondent, the decision to take resignation from Ishaq Dar was taken at a high-level …

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UK PM urges EU to retain trade terms for two years after Brexit

PM Theresa May has said there should be a transition period of “about” two years after Brexit, during which trade should continue on current terms. EU migrants will still be able to live and work in the UK but they will have register with the …

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