To curtail “Dollarisation” and inflationary pressure SBP hikes interest rate

ISLAMABAD: The State Bank of Pakistan on Tuesday has announced its monetary policy, raising the interest rate by 100 basis pointst-- to 13.5 percent. The move follows the agreement with the International Monetary Fund over a $6 billion loan package that comes with tough conditions aimed at cutting Pakistan's substantial fiscal and current account deficits and bolstering its shrinking currency...

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Maryam to hold country-wide rallies against imposition of “selected”, selective justice

LAHORE: Pakistan Muslim League (Nawaz) vice-president Maryam Nawaz on Tuesday announced to hold political rallies to launch protest against alleged selective justice for the public representatives. Insha’Allah I shall be leading protest rallies across Pak that will not only ask for justice for Nawaz Sharif but demand rule of law, freedom of expression,end to manipulation of the entire system to...

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Netflix scrubs out suicide scene from popular youth show, ’13 Reasons Why’

Netflix Inc. is removing a controversial graphic scene depicting a youth suicide from its popular young adult drama “13 Reasons Why”, following advice from medical experts, the company said on its Twitter account early on Tuesday. The show, based on a book of the same name, depicts the suicide of the protagonist in the last episode of season 1, with...

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Renewing racist criticism, Trump says many share his view

Defiant in the face of widespread criticism, President Donald Trump renewed his belligerent call for four Democratic congresswomen of colour to get out of the US “right now,” cementing his position as the most willing US leader in generations to stoke the discord that helped send him to the White House. Content to gamble that a sizeable chunk of the...

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4 bodies recovered from Quetta coal mine as more search going on

QUETTA: Rescue workers on Tuesday managed to recover one coal miner, as well as the bodies of four others who had been trapped in a coal mine in Quetta district’s Degari area over 40 hours ago. Search for six other miners is still underway. Director General Provincial Disaster Management Authority Imran Khan Zarkoon confirmed that one miner was rescued alive...

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Pakistan reopens airspace for civil aviation after India altercation

ISLAMABAD: Pakistan’s airspace has been reopened to civil aviation with immediate effect, its aviation authority said on Tuesday, following months of restrictions imposed in the wake of a standoff with neighboring India earlier this year. “With immediate effect Pakistan airspace is open for all type of civil traffic on published ATS (Air Traffic Service) routes,” according to a so-called Notice...

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