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One Liner
- Rashid warns US firm of bond forfeiture if locos not rectified Federal Minister for Railways Sheikh Rashid predicts changes in cabinet after Eid.
- Sindh food dept embroiled in mega corruption scam involving wheat procurement Around 2-2.5m jute bags are either missing or misappropriated from warehouses; scam invites NAB’s attention.
- Afghanistan’s exports shrink to $891m in 2018, says Pentagon The Pentagon notes that Afghanistan’s trade deficit increased to 35.9 per cent of GDP in 2018.
- Houthis claim drone strike on Saudi’s Jizan airport near Yemen border: reports No immediate confirmation from Saudi authorities or Saudi-led coalition.
- Govt likely to reverse tax concessions for salaried class “We are considering reverting back to the income tax brackets applicable in the tax year 2017,” an official source says.
- Ramazan inflows arrest rupee’s fall Buyers have also lost interest in the dollar after rupee gained Rs4 against the greenback in the last week.
- Opposition divided on NAB chairman’s resignation demand A group in PML-N wants legal action, other opposes it; PTI alleges PML-N conspiring to pressurise NAB chief.
- Bilawal announces endowment fund for treatment of HIV patients Accuses PM of ‘blackmailing’ NAB; Firdous terms allegation baseless.
- Hafeez aims for record high revenue target The next fiscal’s revenue target will be almost 35.4 per cent higher than current year’s revised estimate of Rs4.100tr.
- Modi woos Muslims in speech as house leader Modi says India’s minorities have been used and abused by politicians, it is time to win their trust.
- Elderly woman shot dead, daughter-in-law injured by robbers in Rawalpindi Chief Minister Usman Buzdar orders immediate arrest of killers and seeks report from police.
- PCSW head’s removal draws activists’ ire According to a Women’s Development Department notification, Viqar’s services have been terminated with a month’s notice
- Ulema pledge support to anti-polio campaign Clerics who called on CM Buzdar resolved to work effectively to eliminate polio.
- Stocks post decade-high weekly gains The index easily crosses two successive barriers to settle at 35,704 points.
- IMF loan much cheaper than other programmes: Hafeez Shaikh PM’s advisor says the package will send good signal that “Pakistan wishes to take its economy forward.”
- Kohli sees positives in lower order despite NZ drubbing Jadeja says India not worried despite batting collapse, will do “whatever little bit of tuning is needed”.
- Sarfraz Nawaz wants Pakistan not to panic after Afghanistan loss Sarfraz Nawaz also wants skipper Sarfraz Ahmed to take decisions intelligently.
- Smith hundred sets up Australia warm-up win over England Smith’s 116 was the centrepiece of world champions Australia’s 297 for nine.
- Grieving Asif rejoins Pakistan squad after daughter’s funeral The batsman had returned to Pakistan following the death last Sunday of 19-month-old Dua Fatima.
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