Pakistan

NAB won’t be able to probe graft cases below Rs500m

ISLAMABAD: The National Assembly passed a bill on Wednesday that aims to further clip the wings of the National Accountability Bureau (NAB) by proposing that all corruption cases involving an amount below Rs500 million would not come in its purview. The bill also proposes that the federal government, and not …

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KP to get 17.5m euros for uplift projects

ISLAMABAD: The German Development Bank, known as KfW, will provide 17.5 million euros to the Khyber Pakhtunkhwa government for development projects over the next five years. KfW Development Bank’s Country Director Sebastian Jacobi and Economic Affairs Division Secretary Asad Hayauddin signed the agreement on behalf of their respective governments here …

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PAC decree against former NAB chairman Javel Iqbal suspended

ISLAMABAD: The Islam­abad High Court (IHC) on Tuesday suspended the decision of the National Assembly’s Public Accounts Committee that last month barred former National Accountability Bureau (NAB) chairman Javed Iqbal from heading the Commission of Inquiry on Enforced Disappearances. While taking up the petition of Mr Iqbal, Justice Aamer Farooq …

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15 dead in Balochistan as rains bring more destruction

QUETTA / DERA MURAD JAMALI: The death toll from torrential rains and flash floods in Balochistan increased by 15 on Tuesday as heavy downpour continued to batter several districts, destroying houses and damaging infrastructure. Officials said that the recent deaths were reported in Zhob, Qilla Saifullah, Kohlu, Naushki and Lasbela …

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Two PIA planes avoid collision

RAWALPINDI: Two Pakistan International Airlines planes averted a midair collision on Sunday over Iranian territory near the United Arab Emirates (UAE) airspace, as both planes were on the same route and altitude. Due to alleged negligence of the Iranian Air Traffic Control (ATC), which is said to have cleared the …

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Gold at all-time high

KARACHI: Prices of 10-gram and one-tola gold reached an all-time high of Rs127,143 and Rs148,300 in the local market on Monday, showing a jump of Rs1,714 and Rs2,000 respectively. Rates issued by the All Sindh Saraf Jewellers Association (ASSJA) mentioned a rise of only $2 per ounce to $1,730. But …

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