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One Liner
- SBP nudges policy rate up by 25 basis points to 10.25pc Underlying inflationary pressures persist, current account deficit remains high, says SBP chief.
- KP cabinet decides to continue tax exemption for former Fata districts The provincial cabinet approves municipal corporations, loans, and solarisation of 300 mosques in the region.
- SC overturns PHC decision, sentences man to life for murdering 17-year-old CJP Khosa lashes out against practice of recording false testimonies, says it creates hurdles for courts.
- Can this Pakistani app help battle diabetes? We find out The app helps patients schedule and monitor glucose levels, store data and make healthy lifestyle choices.
- Malaysia enthrones new king after historic abdication Before being sworn in at the palace Sultan Abdullah was given a welcome at the national parliament.
- Saudi’s anti-corruption probe ends with dozens detained; state coffers $107bn richer The state has recovered more than SAR400 billion “in the form of real estate, companies, cash, and other assets”.
- Windies thrash Pakistan Women by 71 runs in opening T20I Dottin’s superb shellacking, Connell’s three-for proves too much for the hosts.
- New Zealand beats India by 8 wickets in 4th one-day match India had already won the five-match series 3-0.
- Europe stands against May’s bid to rewrite Brexit “EU position is clear and consistent. Withdrawal agreement is not open for renegotiation,” says EU council president.
- Court turns down Imran’s plea to return defamation suit against him Local court declares it has jurisdiction to decide the case.
- Senate body unanimously passes amendment to raise marriageable age Bill introduced last month to address differences in marriageable age across country.
- Qatar plans to recruit 100,000 Pakistanis, says consul general Says Qatar has already around 150,000 Pakistanis working in all fields.
- Police see new underworld group behind recent targeted killings in Karachi Police believe ring run by notorious Lyari gangsters who fled abroad after the 2013 Karachi operation was launched.
- Shipowners demand removal of freight tax PSAA says the 8pc freight tax is a major cause of high cost of doing business in the shipping industry.
- China, US launch trade talks amid deep differences Trump has threatened to raise tariffs on $200bn of goods to 25pc from 10pc on March 2 if an agreement cannot be reached.
- Asad rejects request to abolish super tax on banking industry Government has reinstated the super tax at the previous rate of 4pc.
- UK-funded Karandaaz, JS Bank sign agreement to finance SMEs The financing will work under a fifty-fifty risk sharing model between the two organisations.
- Ogra proposes up to Rs4.5 cut in fuel prices Over the last few weeks, the international benchmark Brent prices have tumbled by almost 20pc to less than $60.
- CII forms committee to suggest ways to establish Madina-like state Committee will present its recommendations to CII in its next meeting.
- NAB chief seeks to allay fears of bureaucrats Retired Justice Javed Iqbal says bureau’s working could be improved with the help of bureaucracy.
- Colder-than-Antarctica temperatures grip US Midwest Schools closed, postal service halts deliveries.
- Larger medical board examines Nawaz in jail Board will soon submit report to Punjab government.
- Aasia Bibi free to go wherever she wants, says information minister Aasia Bibi’s whereabouts following her acquittal have been kept secret.
- Master plan for Rawalpindi to be revised RDA to work with CDA for areas on border between twin cities.
- PA passes SICVD bill twice returned by governor with objections CM is confident that Sindh will get back the three hospitals through a review petition in the Supreme Court.
- Swabi gur makers in financial crunch over dwindling demand Low price of gur, Afghan war among factors affecting profitability for sugarcane growers.
- Sindh doctors end three-day strike after successful negotiations with government Doctors confirm the health minister has agreed to accept their demands of increase in salary, perks.
- Government announces 20% increase in EOBI pensions The minimum amount of pension has also been set at Rs6,500 per month.
- Saidu Sharif Airport in Swat to be reopened The decision is aimed at increasing tourism in the area.
- Reforms planned to ease business regulations Pakistan aims for inclusion in top 50 countries on global index of ease of doing business.
- Pakistan certifies first organic cotton bale Breakthrough in cotton sector to benefit stakeholders and economy; Balochistan to develop organic agri policy soon.
- Pakistan warns US against ‘harmful’ allegations of providing ‘safe havens to militants’ Says matters between Afghan government and Taliban are “their business”.
- Pakistan protests summoning of high commissioner to Delhi over Qureshi-Mirwaiz phone call India had protested foreign minister’s contact with APHC leader by summoning Pak high commissioner to Delhi.
- Pope says ‘happy to write new page in history’ with UAE visit Francis has made boosting ties between Christianity and Islam a cornerstone of his papacy.
- Pakistan holds ‘keys to war’, says Afghan president Ghani also questions religious legitimacy of Taliban, who have repeatedly refused to hold direct peace talks with Kabul.
- Taliban say they are not looking to rule Afghanistan alone Taliban want Afghans to forget past, live “like brothers” with them; say they believe in an inclusive Afghan world.
- UAE files complaint against Qatar players with Asian Cup organisers Japan captain Maya Yoshida ─ whose team will play Qatar in the final ─ warned “problems are embarrassing the Asian Cup”.
- 1,000 playgrounds to be set up in KP in five years: minister The minister says a plan has been chalked out and the process of setting up the playgrounds will be started soon.
- Ukrainians lead second day of ski cup contest in Naltar Final competition of the sport would be held on Thursday.
- De Kock assault sinks Pakistan in ODI series decider South Africa chase down a target of 241 with seven wickets and ten overs to spare to seal a 3-2 series win.
- PSL 2019 commentary panel to include Smith, Hayden and Ramiz Danny Morrison, Michael Slater, Bazid Khan, Alan Wilkins and Kepler Wessels will also be on the panel this year.
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