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One Liner
- Asad Umar defends govt’s economic policy, acknowledges painful impact Finance minister says economy “stabilising following a fight for its survival”; promises “growth phase is up ahead”.
- Pakistan’s GDP growth expected to slow down to 3.9pc: ADB report New report says that Pakistan will continue to face macroeconomic challenges despite steps to rein in twin deficits.
- Trains continue to face countrywide delays 48 hours after derailment of bogies near Rahim Yar Khan Trains from Karachi, Lahore, Rawalpindi, Islamabad, Peshawar and Quetta will continue to face delays for 48 to 72 hours.
- Malaysia ex-PM Najib goes on trial over 1MDB mega-scandal Former premier pleads no guilty to seven corruption and money-laundering charges against him.
- Pakistan among top 5 countries with highest mortality rate due to air pollution: study Children in South Asia hit hardest by air pollution, says State of Global Air report.
- Over 10 children abused every day in Pakistan in 2018: Sahil report A total of 3,832 child abuse cases were reported across the country last year, an increase of 11pc over 2017.
- South Korea first to roll out 5G services, beating US and China 5G changes landscape of the gaming industry as it allows games streamed with minimal delay to be played on smartphones.
- India election body struggles with scale of fake information The scale of propaganda and false information may have something to do with the scope of India’s general election.
- Top managers of Peshawar bus project removed CM’s formal orders awaited for inquiry into BRT delay
- Murad questions his prosecution by NAB without serving a notice on him Expresses ignorance about Tappi’s reported arrest.
- US halts delivery of F-35 equipment to Turkey Erdogan has refused to back down from Ankara’s planned purchase of a Russian S-400 missile defence system.
- PMRC to loan Rs4.8bn for low-cost housing PMRC has already disbursed loans worth Rs5.2bn for low-cost housing during the first five months of this fiscal year.
- Gold hits fresh peak of Rs71,200 per tola Local rates continue hitting fresh peaks due to fluctuation on intl bullion markets, devaluation of rupee.
- Minister orders crackdown on firms increasing medicine prices The government has been facing criticism over the increase in the prices of medicines.
- Compensation for losses in Indian shelling to be increased The AJK cabinet decides that Rs1 million will be given to the family of each martyr at the LoC.
- Revenue collection stalls as custom duties alone show buoyancy Zero growth seen in income tax, sales tax and excise duties.
- Another amnesty scheme for non-filers planned The finance minister announces that sale and purchase of properties to non-filers will open with effect from July 1.
- Rs125bn dues major hurdle in KE sell-off Liabilities payable to two govt entities main hurdle in sale of shareholding.
- Larger team to include Afghan govt representatives Zalmay Khalilzad says that the Afghan government must be included in the peace process.
- Trump praises ‘rocket-ship’ increase in NATO spending “Tremendous progress has been made and NATO’s much stronger,” Trump says as he meets NATO chief Jens Stoltenberg.
- ‘Facebook’s page purge hurt BJP more than Congress’ An Indian publication says the reach and following of pro-BJP pages was much greater than that of pro-Congress accounts.
- Nasa chief terms India’s destruction of one of its satellites a ‘terrible thing’ Says it created 400 pieces of orbital debris, led to new dangers for astronauts aboard the International Space Station.
- ICC to join hands with Interpol to tackle corruption Focus of ICC on education of players, prevention and disruption of corruptors, says ICC anti-corruption chief.
- Pakistan to play 11 matches before World Cup Ahead of the World Cup in England, Pakistan square off against the hosts in five ODIs as well as a one-off T20.
- New Zealand name experienced World Cup squad Rookie Tom Blundell’s inclusion as back-up wicketkeeper is the only real surprise.
- Pakistan cricket can benefit hugely by getting rid of team’s coaches The team management — comprising a bevy of coaches — is primarily responsible for the poor result in the UAE contest.
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