ISLAMABAD: Prime Minister Imran Khan has said that all public institutions were facing record losses when his government came into power.Speaking in the National Assembly, PM Imran said the devaluation of rupee occurred due to current account deficit of billions the PTI government inherited.He said the biggest reason of shortage of dollars in the

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File photo of Sartaj KhanPeshawar: Gunmen on Saturday shot dead a local leader of the Awami National Party (ANP) in an attack in Gul Bahar area of the provincial capital.Sartaj Khan, a District President of the ANP, was injured in the attack and was shifted to a hospital where he succumbed to his injuries, according to Geo News.Hospital

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ISLAMABAD: Firdous Ashiq Awan on Saturday said the federal budget is a step toward the goal of a prosperous, self-reliant and developed Pakistan.Special Assistant to the Prime Minister on Information and Broadcasting tweeted that passage of the budget is opposition's defeat.She said the government will take steps in the best

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ISLAMABAD: Pakistan on Saturday rejected US Religious Freedom Report, calling it biased in a statement issued by Foreign Ministry .The statement said the report's segment on Pakistan is a compendium of unsubstantiated and biased assertions."We do not support such national reports making observations on the

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Mainly hot and dry weather is expected in most parts of the country, according to Met Office on Saturday.Dust-thunderstorm/rain with gusty winds is expected at isolated places in Malakand, Hazara, Peshawar, Kohat, Bannu, Rawalpindi, Gujranwala, Sargodha, Lahore, Faislabad, Karachi divisions, Islamabad, Kashmir and Gilgit Baltistan during

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ISLAMABAD: Special Advisor to Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan Friday said that Higher Education Commission (HEC) of Pakistan would be awarding around 3000 scholarships to Afghan students under a four-year programme.&These scholarships will be offered in phases and every year students of different

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LAHORE: President of Afghanistan Ashraf Ghani on Friday visited mausoleum of the great poet of the East Dr Allama Muhammad Iqbal and offered Fateha.Afghanistan officials, including financial experts and media members, also accompanied the President.On his arrival, the Afghan President was presented salute by a contingent of the Rangers.He laid

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KARACHI: Multiple power connections of KMC were disconnected on Friday on account of non-payment of monthly electricity bills as the municipal body still owes Rs 4.11 billion to the power utility."The honorable court had directed KMC to pay monthly electricity bills from April 2019 onwards to KE out of which no payment has been made

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KARACHI: Senior journalist and The News staffer Anil Datta passed away on Friday afternoon.Datta, about 70, known for his polite demeanor, impeccable skills of written and spoken English, coming from the classical journalist lineage in Pakistan, chose to live a bachelor life and dedicated his life to his profession and the Karachi Press

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Power Division has issued special instructions to all DISCOs for promoting and further easing installation of net-metering in order to provide opportunity to all electricity consumers to curtail their monthly electricity bills besides optimal utilization of solar potential of the country.The instructions were issued on Friday during one-point

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ISLAMABAD: National Assembly Friday passed the federal budget approving the finance bill 2019-20 to give effect to the financial proposals of the government.The total outlay of the budget was Rs 7.022 trillion, focusing on fiscal consolidation, revenue mobilization, austerity measures and protection to the vulnerable segments of society.At the

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ISLAMABAD: Special Assistant to Prime Minister for National Health Services, Regulations and Coordination Dr Zafar Mirza on Friday formally approved the raise in the allowances of regular nurses and increase in stipend of students nursing staff of federal government hospitals.A ceremony in this regard was held here at Pakistan Institute of Medical

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ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has recommended to revise petroleum product prices from July 01, Geo News reported.According to the summary moved by the regulatory body to the petroleum division, OGRA has suggested Rs 0.77 per litre cut in petrol prices and Rs 2.94 per litre decrease in the kerosene oil.Also, the OGRA has

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ISLAMABAD: Minister of State for Revenue Hammad Azhar said on Friday that the Pakistan Tehreek-e-Insaaf (PTI) led government had retired record foreign loans worth of $ 9.5 billion during current fiscal year which had never been done by any government in a single year.On point of personal explanation in National Assembly, Hammad Azhar said during

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ISLAMABAD: Chief of Army Staff (COAS) General Qamar Javed Bajwa on Friday said we are going through ‘difficult economic situation due to fiscal mismanagement& and ‘ittime to be a nation&.This, he said, at a seminar on &PakistanEconomy: Challenges and Way forward& organised by Institute of

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