LAHORE: As scores of supporters gathered outside his residence to resist a potential bid to arrest the PTI chairman on Wednesday, Imran Khan — in a televised address — claimed he was shocked to see the establishment was still backing his rivals, adding that he would continue to challenge those who orchestrated his ouster. As...
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January 26, 2023January 26, 2023World
No backchannel diplomacy between Pakistan and India: Khar
Minister of State for Foreign Affairs Hina Rabbani Khar said on Thursday that ever since the incumbent government came to power, there has been no backchannel diplomacy going on between Pakistan and India “untold to the rest of the world”. “At this moment, there is no such thing under way,” she said during a Senate...
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January 25, 2023January 25, 2023Pakistan
‘Stop this madness’: Fawad’s arrest draws ire of journalists, analysts and politicians
The unexpected arrest of PTI leader Fawad Chaudhry in the early hours of Wednesday in Lahore triggered widespread condemnation from journalist circles, who clamoured for the government to release him. Soon after the news of Chaudhry’s arrest made the rounds on social media, a number of senior journalists, political analysts and civil society members took...
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January 25, 2023January 25, 2023World
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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January 25, 2023January 25, 2023Pakistan
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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January 25, 2023January 25, 2023ECNOMICS
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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January 24, 2023January 24, 2023World
Hundreds protest in Afghan city against desecration of Holy Quran in Sweden
Protester gather during a demonstration against the burning of the Holy Quran by Swedish-Danish far-right politician Rasmus Paludan, in Khost on January 24. — AFP Hundreds of Afghan men staged a protest in the eastern city of Khost on Tuesday to express anger at the desecration of the Holy Quran in the Swedish capital over the weekend....
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January 24, 2023January 24, 2023ECNOMICS
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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January 24, 2023January 24, 2023World
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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January 24, 2023January 24, 2023Pakistan
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...