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Public not satisfied with NDMA performance: audit

Audit objections to the tune of Rs28.62 billion have been raised in the Auditor General of Pakistan’s 2023-24 report pertaining to the National Disaster Management Authority (NDMA), while the recovery amount is about Rs2.65 billion during the same period, said the classified summary of the audit objections. The audit report also indicated there was significant public dissatisfaction with the pe

Public not satisfied with NDMA performance: audit

Audit objections to the tune of Rs28.62 billion have been raised in the Auditor General of Pakistan’s 2023-24 report pertaining to the National Disaster Management Authority (NDMA), while the recovery amount is about Rs2.65 billion during the same period, said the classified summary of the audit objections. The audit report also indicated there was significant public dissatisfaction with the pe

FIA cracks down on illegal currency, fake ID networks

The Federal Investigation Agency has arrested a suspect involved in illegal currency exchange and hundi/hawala operations, recovering millions in foreign currency. A spokesperson for the FIA said on Thursday that during a recent operation, a suspect named Shabbir Ahmed was arrested, and authorities recovered $5,100, 20,100 afghanis, over 34.1 million Iranian rials, and more than Rs1.5m Pakistan

Commerce minister meets Bangladesh’s industries adviser in Dhaka to boost bilateral cooperation

Commerce Minister Jam Kamal Khan held productive discussions with Bangladesh’s Adviser for Industries Adilur Rahman Khan in Dhaka on Thursday to explore avenues for industrial cooperation between the two countries. The two countries were once one nation but split following a bloody civil war, which saw the territory previously referred to as ‘East Pakistan’ seceded to form the independent natio

PSX surpasses 150,000-point milestone

The Pakistan Stock Exchange (PSX) on Wednesday continued its bullish trajectory, reaching an all-time high as the benchmark KSE-100 index briefly surpassed the 150,000 mark for the first time. Despite the chaos brought on by heavy rains in Karachi, which caused widespread disruptions and a citywide public holiday, the PSX defied the storm and carved a historic milestone. The KSE-100 index close