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Four policemen gunned down in Karachi

Four policemen gunned down in Karachi
KARACHI: Four policemen were killed and two were injured in a drive-by shooting in Karachi on Friday, officials said. The gun attack took place near Habib Bank Chowrangi in SITE area. According to SP Site Nasir Aftab, four policemen including an ASI have embraced martyrdom in the shooting. Four gunmen on two motorcycles opened indiscriminate fire on the police team... Read More

CPEC declared as one of the best performing projects of Belt and Road

CPEC declared as one of the best performing projects of Belt and Road
ISLAMABAD: Deputy Chief of Mission at Chinese Embassy in Pakistan Zhao Lijian says China Pakistan Economic Corridor (CPEC) project is one of the best performing project of his country’s Belt and Road Initiative. He was speaking at a conference on ‘Belt and Road Initiative and CPEC’ in Islamabad on Tuesday. Lijian said the multi-billion dollar CPEC project, which is being... Read More

Pakistan to achieve 6 percent GDP due to investment in CPEC: IMF

Pakistan to achieve 6 percent GDP due to investment in CPEC: IMF
ISLAMABAD: The International Monetary Fund (IMF) has termed Pakistan’s economic outlook as “favorable” with improved availability of energy, and growth-supporting structural reforms. According to latest report released by IMF, confidence of investors in Pakistan is growing as its economy has stabilized after completing a bailout program. It cited Chinese infrastructure investments as one of the reasons for economic development. The... Read More

SBP directs banks to install bio-metric system till Dec 31

SBP directs banks to install bio-metric system till Dec 31
KARACHI: The State Bank of Pakistan (SBP) has directed all micro finance banks to install bio-metric system in their branches till 31st December this year for scrutiny and verification of customers. In a statement in Karachi today SBP said it will also help to check money laundering and terror financing. SBP also directed to install Treasury Management System before June... Read More

PM Nawaz Sharif performs Umrah

PM Nawaz Sharif performs Umrah
RIYADH: Prime Minister Muhammad Nawaz Sharif, who is on private visit to Saudi Arabia, has performed Umrah. Upon his arrival at Masjed-e-Nabvi, he was received by a number of officials of the General Presidency and Special Force for Security of the Holy Mosque. The PM performed Umrah with his family besides paying respects at Roza-e-Rasool (Peace Be Upon Him) in... Read More
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