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Islamabad, Pakistan: Former Pakistani Prime Minister and Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan has been nominated for the Nobel Peace Prize, a Norwegian political group announced. The nomination was put forward by members of the Pakistan World Alliance (PWA), who belong to Norway’s Partiet Sentrum political party, according to the group. This is not the…
The government has unveiled a major policy shift to directly aid farmers by offering fertilizer subsidies, bypassing traditional channels that often favor manufacturers over recipients. Federal Energy Minister Musadak Malik announced the decision Thursday, citing concerns that much of the support meant for farmers ends up with factory owners rather than those working the land….
The Securities and Exchange Commission of Pakistan (SECP) has announced a series of amendments to the Companies (Further Issue of Shares) Regulations, 2020, after extensive consultations with stakeholders and the public. The SECP revealed Thursday the adoption of revised regulations aimed at simplifying the process of right issuance, bolstering disclosures in offer documents, and adjusting…
Pakistan’s weekly inflation rate eased by a third of a percentage point over the previous week driven by a decline in some kitchen items’ prices, especially pulses, chicken, onions, rice, sugar, and wheat flour. During the week ending on October 26, chicken prices in one week dropped by 10.2 percent to Rs312/kg, while onions became…
In a major move, the United States imposed sanctions on three Chinese companies on Friday for their alleged involvement in providing Pakistan with ballistic missile technology and components, a statement of the U.S. State Department said. It says that the sanctions were imposed in alignment with the global nonproliferation regime. The sanctions come after Pakistan…