LAHORE: Pakistan Railways announced on Friday to reduce operations due to coronavirus pandemic and suspended 34 passengers trains for up and down tracks from March 25, ARY News reported. The suspended passenger trains include Jinnah Express, Sir Syed Express, Mohenjo Daro Express, Bolan Mail, Thal Express, Marvi Express, Moosa Pak, Chenab Express, Faisalabad Express, Simran Sarkar, Faisal Express.
NEW DELHI: Some shops and businesses opened in rural India on Monday as part of a staggered exit from a weeks-long lockdown that has left millions out of work and short of food, while coronavirus infections rose by more than 1,500 over the previous day. India’s 1.3 billion population has been under one of the world’s toughest lockdowns with people forbidden from stepping out of their homes except for food and medicines until May 3.
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has notified the new price of Liquefied Petroleum Gas (LPG) which was increased up to Rs3.96 per kilogram for the month of July, ARY News reported on Tuesday. A notification has been released for the hike in rates which stated that the price of LPG increased by Rs3.96
SUKKUR: The National Accountability Bureau (NAB) has arrested four flour millers over corruption charges in the Sindh Food department, ARY News reported on Friday, citing sources. The arrested persons were identified as Kailash Kumar, Sachanand, Vikra Lal and Sarwar Meerani. The suspects are accused of not paying payment of the wheat, they bought from the government?s wheat downs.
ISLAMABAD: Minister for Industries and Production Hammad Azhar said on Friday the 9,350 Pakistan Steel Mills (PSM) employees being laid off under a retrenchment plan will get salaries of five years and a half. Speaking on the floor of the Senate, he said the employees will get an average amount of Rs2.3
ISLAMABAD: Federal Minister for Economic Affairs Hammad Azhar said on Monday the government?s economic team is finalising an economic relief and stimulus package to protect the people from adverse impact of novel coronavirus on the national economy. Taking to Twitter, he said the package will be announced tomorrow (Tuesday). ?PM office, members of cabinet and government officers in multiple divisions have worked tirelessly over the past days to work out proposals and take decisions,? he said.
WASHINGTON: The World Bank is seeing “a huge willingness” on the part of official bilateral creditors to suspend debt payments by the world’s poorest countries so they can focus on fighting the coronavirus pandemic, a top Bank official said on Monday. World Bank Managing Director Axel van Trotsenburg said the Group of 20 major economies and the Group of Seven (G7) had been largely supportive of a call by the World Bank and International Monetary Fund for a temporary halt in debt payments.
Photo: File ISLAMABAD: Pakistan will seek another $305 million in loans from the Asian Development Bank (ADB) to support its preventive and response efforts to fight the novel coronavirus outbreak, it was learnt on Tuesday. Officials said the government approved concept clearance paper for seeking a loan from the Manila-based ADB for emergency assistance and fighting against COVID-19 pandemic, The News reported on Wednesday, A meeting of the concept clearance committee was held on 4 May to discuss the financing plan being offered by the ADB in the efforts to support the virus emergency relief services worth $305 million.
KARACHI: The Pakistan International Airlines (PIA) has made arrangements to repatriate stranded Pakistani citizens in France, ARY News reported on Friday. As per details, the PIA will now operate chartered flights from Paris to Pakistan from August 15 to repatriate stranded Pakistanis in France. The move has been taken in the wake of European Safety Agency ban over PIA.
KARACHI: Bloodbath continues at Pakistan Stock Exchange as KSE-100 index dropped by over 1000 points in intraday trading, ARY News reported. The PSX lost 1068 points and currently trading at the level of 32,617. The PSX on Monday market halted trade for 45 minutes-the fourth time after the index suffered another major loss.