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One Liner
- Reforms plan sets tax to GDP ratio target at 17pc WB-funded project document likely to be approved by end of May and signed in June.
- Budget to make no changes in amnesty scheme: Zaidi FBR chairman says he had issued orders for “no raids” on business premises.
- Drilling off Karachi coast stopped as no reserves found Operators decide to plug well and abandon project.
- No oil, gas reserves found at Kekra-1: Petroleum Division The development comes hours after the PM reiterated his hope of finding “massive reserves”.
- India’s marathon vote ends, Modi on tenterhooks over second term As the final polling booths closed, a huge security cordon was thrown around the voting machines and boxes of votes.
- Police suspect ‘inside help’ in girl’s kidnapping from Karachi’s DHA neighbourhood Girl kidnapped last week returns home safely; SSP South says kidnappers used social media to get in touch with family.
- All eyes on Zardari House as Bilawal hosts ‘informal get-together’ for opposition in Islamabad The meeting of top opposition leaders is underway; gathering is believed to be another effort to forge a grand alliance.
- College teachers asked to donate for out-of-school children Principals direct teachers in BPS 16 to donate Rs1,000 each and those in BPS 17 and above Rs2,000 each.
- PML-N wants PM to resign for ‘failing to handle economy’ PML-N vice-president Maryam Nawaz chides the government for making the life of the common man miserable.
- No business community complaints against NAB, says chief Javed Iqbal “We have never harassed any big businessmen nor has there been any policy to harass them,” says NAB chairman.
- Qureshi invites investment from Kuwait as govt kicks off economic diplomacy initiative FM tells Kuwaiti businessmen that govt is working on an agenda for the development of a business infrastructure.
- Special report: The mechanics of silencing online dissent Online campaigns are not looked upon kindly when they go against the dominant state narrative, even if they are organic.
- World Bank to help KP govt boost revenue collection The International Development Association (IDA) will provide a credit of $100 million for the project.
- Stocks extend losing streak to its 7th week The market has sunk 14 per cent in the seven weeks; one of the longest losing streaks in the last 17 years.
- Imported food items to get more costly Falling rupee value against the greenback may pose serious challenges for unbranded manufacturers.
- Thar coal project to help meet country’s energy needs: PM PM informed that the Thar coal field was the seventh largest coal reserve in the world.
- Fawad calls ex-CJP incompetent judge, seeks accountability Speaking to Dawn, the minister said that the topic had come under discussion in the last cabinet meeting.
- Saudi Arabia calls urgent Gulf, Arab League meetings over tensions SPA says King Salman had invited Gulf leaders and Arab states to two emergency summits in Makkah on May 30.
- Patients suffer as striking doctors, govt stick to their guns in KP Govt rejects call for FIR against minister over surgeon’s torture.
- Survey of encroachment blocking access to stupa ordered Commissioner Joudat Ayaz on Saturday chaired a meeting called to resolve the blockade of access to Dharmarajika Stupa.
- Four Dolphin personnel arrested for shooting woman dead Victim’s husband says his wife suffered a bullet injury in the head.
- Small portion of KCR tracks from City Station to Baldia declared ‘good to go’ Resettlement of affected people to take one year.
- Sindh Assembly revives Musharraf-era Police Order amid opposition walkout Public safety commissions to be established at district, provincial levels under new law.
- Bahrain asks its citizens to leave Iran, Iraq ‘immediately’ Washington on Wednesday pulled non-emergency staff members from its embassy in the Iraqi capital Baghdad.
- China’s ban on scrap imports a boon to US recycling plants US paper mills are expanding capacity to take advantage of a glut of cheap scrap.
- Austrian vice chancellor forced to resign after hidden camera sting On Saturday Strache, 49, insisted he was the “victim of a targeted political attack”.
- Reforms in tribal districts will not affect local traditions, culture: PM Imran The prime minster meets tribal elders at KP Governor House on a visit to Peshawar.
- Mir’s final-over heroics seal victory for Pakistan Women over South Africa Veteran all-rounder hits a final-over four after Dar, Javed and Riaz had mended top-order collapse.
- Sarfaraz misses out on ton as Pakistan’s hopes of securing maiden win in series fade Skipper is run out at 97; tourists six-down and set for fourth straight defeat barring a miracle.
- Pakistan bowling coach under spotlight after England drubbing Mickey Arthur and Grant Flower are often criticised when the team flops. But what about Azhar Mahmood?
