ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has accorded its approval to the Licensed Persons (Obligations under voluntary winding up) Regulation 2016 on Saturday. The new regulations are in line with its efforts to strengthen the capital market and to safeguard the interest of investors. The Regulations prescribe the minimum requirements to be...
Author: INP - Independent News Pakistan (INP - Independent News Pakistan)
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Dysfunctional education system a threat to society & economy: PBIF
ISLAMABAD: Pakistan Businessmen and Intellectuals Forum (PBIF) on Saturday said Pakistan’s dysfunctional education system has become a threat to society and economy. Pakistan is going through a severe education crisis as ever tenth illiterate school-age child in the world is a Pakistani which continues to deter foreign investors, it said. President PBIF, AKIA and first...
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LHC moved against inflated fares of private airlines
LAHORE: The Lahore High Court (LHC) was moved against inflated fares of the private airlines taking the advantage of the protests of Pakistan International Airlines (PIA) employees against the privatization of the national airline. The petitioner, a lawyer Mohammad Imran in his petition stated that the private airlines mafia was exploiting the PIA privatization issue...
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Govt should hold talks with PIA employees to resolve standoff: Imran Khan
KARACHI: Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan has demanded of the Prime Minister Nawaz Sharif led federal government to hold dialogue with protesting employees of Pakistan International Airline (PIA) to end the prevailing crisis by alleviating their grievances. He was talking to newsmen during his visit to PIA Headquarters in Karachi on Saturday to express...
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Dacoits’ gang busted; bike and weapons recovered
ISLAMABAD: Islamabad Police have arrested 15 outlaws including six dacoits and recovered car, two bike, and weapon from their possession, a police spokesman said. According to details, SSP Sajid Kiani assigned the task to SP Industrial-Area Muhammad Amir Niazi to ensure arrest of culprits involved in various reported incidents of dacoities. He constituted a special...
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UN chief says 34 militant groups pledged allegiance to IS
UNITED NATIONS: UN Secretary-General Ban Ki-moon said that 34 militant groups worldwide had reportedly pledged allegiance to the Islamic State (IS) extremist group as of mid-December. Militant groups from countries like the Philippines, Uzbekistan, Pakistan, Libya and Nigeria had pledged their allegiance, so IS poses “an unprecedented threat,” Ban said in a report on the...
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Nine dead, scores injured in suicide attack on security forces’ vehicle in Quetta
QUETTA: At least nine people including Frontier Corps (FC) personnel died and about four dozen others injured in suicide attack on a security forces’ vehicle near the premises of the heavily guarded Quetta district courts on Saturday. Deputy Inspector General (DIG) Imtiaz Shah said that a suicide bomber riding bicycle blew himself up near a...
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Pakistan wants to engage as many as Taliban groups for talks
ISLAMABAD: Pakistan said as many Taliban groups as possible must be persuaded to join any upcoming peace discussions with the Afghan government, as a third round of four-country talks aimed at reviving negotiations with the insurgent group began Saturday. Delegates from Afghanistan, Pakistan, China and the United States convened in the Pakistani capital Islamabad over...
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Imran Khan lashes govt for its economic policies
ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Saturday criticised the federal government for its economic policies. Speaking to media persons at his Bani Gala residence here before leaving for Karachi, Imran said that he would present a charter of demand during his protest against the federal government over the privatization of Pakistan International Airlines...
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Four of family killed in Jhang road accident
JHANG/KOHAT: Four members of a family were killed and another was injured when a speedy truck hit a motorcycle at Bhakkar Road here on Saturday. The dead included a couple and their two children. The bodies and the injured were shifted to a hospital. The police registered a case and started efforts to arrest the...