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09

Economic optimism tosses PSX to all-time high

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KARACHI: Snapping the three-day bearish spell on Friday despite mounting geopolitical tensions, the Pakistani stocks staged a surprise robust rally, tossing the benchmark KSE 100 index near 71,000.

Customs broadens oversight to curb mis-invoicing

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ISLAMABAD: Pakistan’s customs department plans to broaden its oversight of commodities, encompassing imports valued up to Rs3.030 trillion by September to curb mis-invoicing and under-invoicing practices, said a senior customs official.

08

PTI’s mass agitation plans leave many leaders slighted

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LAHORE: The PTI may be planning an aggressive agitation against alleged rigging in the Feb 8 general elections, and has even formed a committee comprising over two dozen members. However, internal disquiet and grumblings of key leaders…

FO slams Israel for international law violation

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ISLAMABAD: The Foreign Office on Friday sharply criticised Israel for its flagrant violations of international law and urged the UN Security Council to intervene, hold Israel accountable, and assist in restoring global peace and security.

06

CM Maryam visited Kartarpur by copter: Punjab government

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NAROWAL: Punjab Chief Minister Maryam Nawaz visited Kartarpur on Thursday via helicopter and she was not travelling with a motorcade at the time of an accident, which claimed the life of a youth in Narowal, the provincial government said…

PHC orders KP CM to convene assembly session for oath-taking

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PESHAWAR: The Pesh­awar High Court (PHC) has directed the Khyber Pakhtunkhwa chief minister and cabinet to convene the assembly session within a fortnight to ensure that those elected on reserved seats for women and non-Muslims take oath.

Indian polls start without Modi wave

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NEW DELHI: Elections to the 18th Lok Sabha kicked off on Friday across 21 Indian states covering 102 seats of the 545-member house, and although voters queued up in searing heat across much of the country to record an overall voting of…

05

More flash floods in Chaman as rainfall continues

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QUETTA: The road link to many areas of Balochistan couldn’t be restored till Friday as rains and thunderstorms continued in different areas of northern and southern Balochistan during the last 24 hours.

04

Govt borrows record Rs5.5tr from banks

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KARACHI: Within a week, the government borrowed over Rs650 billion from banks to meet its rising expenditure, reflecting the consequence of high inflation.

Weekly inflation rises 28.54pc

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ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), rose 28.54 per cent on an annual basis in the week ending April 18, official data showed on Friday.

Ogra, oil industry propose phased deregulation of fuel prices

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ISLAMABAD: Amid warnings about supply chain challenges and ret­ail prices increasing by up to Rs27 per litre in Gilgit-Baltistan, the major oil sector stakeholders — the regulator and the industry — have proposed gradual deregulation of…

14-member Balochistan cabinet takes oath

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QUETTA: A long-awaited 14- member three-party Balochis­tan cabinet was sworn in at a ceremony held at the Governor’s House on Friday.

Friday, Apr 19

20

Foes Azerbaijan and Armenia agree ‘historic’ return of villages

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Armenia has agreed to return several villages to Azerbaijan in what both sides said on Friday was an important milestone as they edge towards a peace deal after fighting two wars since the collapse of the Soviet Union.

LHC top judge summons full court on Monday to discuss protection of judicial independence

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Lahore High Court (LHC) Chief Justice (CJ) Malik Shehzad Ahmed Khan on Friday summoned a full court meeting for April 22 to discuss how best to protect judicial independence and establish a mechanism to attach liability to those…

18

Majority of Pakistanis stranded after record-breaking UAE storm evacuated: Defence Minister Asif

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Defence Minister Khawaja Asif said on Friday that most of the Pakistani passengers stranded at Al Ain Airport following this week’s record-breaking storm in the United Arab Emirates were evacuated.

16

Membership of 2 opposition MNAs suspended for current session over ruckus during president’s address

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National Assembly (NA) Speaker Sardar Ayaz Sadiq on Friday suspended the memberships of two lawmakers from the PTI-Sunni Ittehad Council alliance, Jamshed Ahmad Khan Dasti and Muhammad Iqbal Khan, for the current NA session due to their…

Calls for de-escalation as world reacts to reports of Israeli strikes on Iran

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Following reports from the US media of Israeli strikes on Iran earlier today in the latest tit-for-tat exchange, countries around the world urged for de-escalation.

15

Tehran signals no retaliation against Israel after drones attack Iran

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Explosions echoed the Iranian city of Isfahan on Friday in what sources described as an Israeli attack, but Tehran played down the incident and indicated it had no plans for retaliation — a response that appeared gauged towards averting…

14

5 Japanese nationals unhurt in suicide attack on vehicle in Karachi: police

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Police said on Friday that five Japanese nationals were unhurt after their vehicle was targeted by a suicide bomber in Karachi’s Landhi area.

Kenya mourns defence chief killed in helicopter crash

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Kenya began three days of mourning on Friday after its defence chief and nine other senior officers were killed in a helicopter crash, the latest military accident involving a high-profile figure.

11

Pakistan aims to agree outline of new IMF loan in May, finance minister says

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Pakistan hopes to agree the contours of a new International Monetary Fund (IMF) loan in May, Finance Minister Muhammad Aurangzeb told Reuters, and has kicked off talks with ratings agencies to lay the groundwork for a return to…

Pakistan, Saudi Arabia agree to solidify efforts in defence collaboration

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Pakistan and Saudi Arabia on Friday agreed to solidify efforts in regards to defence collaboration, according to a statement issued by the military’s media affairs wing.

10

India begins voting in gigantic election as Modi seeks historic third term

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India began voting on Friday in the world’s largest election as Prime Minister Narendra Modi seeks a historic third term in office on the back of growth, welfare, his personal popularity and Hindu nationalism.

The past is another country: Rawalpindi’s once-grand havelis hearken to their glory days

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Some spaces are sacred — so sacramental, in fact, that they etch themselves into the very fabric of one’s being. This is the story of one such place — a sanctuary of peace and spirituality that touched my soul in ways I never expected.

09

2 passer-by women injured in firing by guard in Lahore

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LAHORE: Two passer-by women were reportedly shot at and injured by a guard of a petrol pump in Garden Town when a man was fleeing without paying money to the staff after getting the tank of his car filled.

PM Shehbaz pushes for sell-off, outsourcing of Discos

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ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday directed the authorities to expedite the pace of privatisation and outsourcing of the power distribution companies (Discos) during a high-level meeting regarding the power sector.

Millat Express incident: Probe finds no evidence of woman being pushed to death

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LAHORE: A preliminary inquiry into the physical assault and fall of a woman passenger to death from Millat Express on April 7/8 has revealed that the railway police officials mishandled the case, showing irresponsible behaviour while…

Motorcyclist killed by Punjab CM’s motorcade in Narowal

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NAROWAL: A speeding vehicle of Chief Minister Maryam Nawaz’s motorcade allegedly killed a motorcyclist at the Chandowal Stop on the Shakargarh Road on Thursday.

08

Rethinking renewables

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WHY is renewable energy in the doldrums in Pakistan despite annual oil import bills of $27 billion? There are many explanations, but most common is the lack of finance. No one wants to invest.

13 environment journalists killed in India during Modi rule: RSF

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NEW DELHI: Journalists investigating the exploitation of natural resources by the sand mafias or other networks involved in mining have been the victims of violent reprisals during the past 10 years, Reporters Without Borders (RSF) media…