Author: Team IBC English (Team IBC English)

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US sues Google for ‘abusing online ad business dominance’

WASHINGTON: The US Justice Department sued Alphabet’s Google on Tuesday, accusing the company of abusing its dominance of the digital advertising business and said Google should be forced to sell its ad manager suite, in the government’s latest jab at thwarting Big Tech’s market power. The lawsuit tackles a business at Google that is responsible...

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ECP recommends holding Punjab Assembly elections between April 9-13

The Election Commission of Pakistan on Wednesday reached out to authorities in Punjab and Khyber Pakhtunkhwa, proposing to them dates for the elections — days after caretaker governments were installed in the two provinces.   It suggested elections be held between April 9 and 13 in Punjab, and in KP between April 15 and 17....

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USD trades at Rs243 in open market after exchange rate cap removed

The rupee depreciated against the dollar on Wednesday after the Exchange Companies Association of Pakistan (Ecap) removed an unofficial cap on the exchange rate. According to a notice issued by Ecap Chairman Malik Bostan’s office, the USD was being traded at Rs243 in the open market at 11am, falling 0.93 percent from yesterday’s close of...

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Exchange companies to remove cap on dollar rate from tomorrow

The Exchange Companies Association of Pakistan (ECAP) announced on Tuesday that it would remove the cap on the US dollar from January 25 (tomorrow). The exchange rate has been primarily hit hard by a steep decline in the central bank’s foreign exchange reserves, which have shrunk to $4.6 billion. Currency experts say the rupee has been falling...

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US wants regional stability in South Asia to ‘advance’, says Pak-India dialogue ‘a matter of their own’

The United States has said it has been an explicit proponent of regional stability in South Asia while insisting that a dialogue between the two important regional players — Pakistan and India — was a matter between the two countries. “We have long called for regional stability in South Asia, but the pace, the scope,...

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PM Shehbaz reiterates Pakistan’s desire to complete 9th review of IMF programme

Prime Minister Shehbaz Sharif said on Tuesday that Pakistan had given a “clear message” to the International Monetary Fund (IMF) about the country’s desire to complete the ninth review of the $7 billion Extended Fund Facility (EFF). Addressing the launch of a loan scheme in Islamabad, the premier reiterated the government’s desire to complete the...

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Women under Taliban’s rule

Under the Taliban regime, women in Afghanistan have seen their rights and freedoms stripped away. The Taliban came to power in Afghanistan in 1996 and imposed a strict interpretation of Sharia law on the country. Women were not allowed to work or attend school, they were forced to wear the burqa and were not allowed...

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HR launches campaign for women property righs

ISLAMABAD, Friday, January 20, 2023: Even after the amendment of the Prevention of Anti Women Practices Act in 2011, which gives women equal rights in inheriting property, over 80 per cent of women report not receiving their legal share in inheritance.  To raise voice against this injustice, the NCHR among other forms of legal redress,...