Yellow cab and housing scheme

We all remember the yellow cab scheme launched by Nawaz Sharif in 1992 to provide employment. The former prime minister still boasts how he provided jobs to unemployed youth. The scheme failed badly. Now Prime Minister Imran Khan has launched

Ponzi scheme mastermind Bernie Madoff dies in US prison

NEW YORK: Bernie Madoff, mastermind of the largest financial scam in history that unraveled during the 2008 economic crisis, has died in jail. He was 82. Madoff had been suffering from chronic kidney failure and prison chiefs had denied his

PM vows to transform nation, meet challenges of 21st Century

LAHORE: Prime Minister Imran Khan has reaffirmed the determination to transform Pakistan into a welfare state to meet the challenges of the 21st century.  He was addressing a ceremony in connection with the ground breaking of LDA City Naya Pakistan

SBP approves Rs238.2 billion under Rozgar scheme

KARACHI: State Bank of Pakistan (SBP) has approved Rs 238.2 billion for 2,958 businesses under its Rozgar scheme to protecting businesses and their employees from the impact of the coronavirus pandemic. The central bank has so far deferred Rs 659.5

ECB launches ‘Emergency Loan Scheme’ to help cricket leagues

LONDON: England and Wales Cricket Board (ECB) launched a scheme offering interest-free loans to affiliated cricket leagues reeling from the financial impact of the coronavirus pandemic. The ‘League Emergency Loan Scheme’ is aimed to support open-age and junior leagues affiliated

Refinance scheme protected jobs of half million workers: SBP

KARACHI: Around half a million employees have been saved from layoffs and non-payment of salaries in the private sector during the ongoing lockdown due to the coronavirus pandemic through the refinancing scheme issued by the central bank. According to the

Affordable housing scheme

Prime Minister Imran Khan had promised to build five million low-cost housing units after coming to power culminating in the Naya Pakistan Housing Project. Now the ambitious project to provide affordable and decent housing is finally heading towards realisation. In

Chitral residents booked for interfering in markhor hunting

PESHAWAR: A case has been registered against three people in Chitral after they fired aerial shots to make a markhor flee during a hunt. A US hunter had paid $150,000 for a permit to shoot the rare animal. He was

Over 8,000 Pakistani illegal immigrants return from Malaysia

ISLAMABAD: Special Assistant to Prime Minister on Overseas Pakistanis and Human Resource Development Zulfikar Abbas Bukhari on Monday said over 8,000 Pakistanis have returned home country under a Malaysian amnesty scheme. He said the amnesty scheme was aimed at ensuring

Traders decide to march to Parliament on Oct. 7

ISLAMABAD: City’s business community has declared to march to the Parliament House on October 7 after the talks with the FBR on the fixed tax scheme collapsed. Markazi Tanzeem-e-Tajran ( Central Traders Organization) President Muhammad Kashif Chaudhary, speaking to reporters