Author: i2wtc
LAHORE: The Lahore High Court (LHC) on Wednesday summoned the Election Commission of Pakistan (ECP) over petitions challenging the issuance of disqualification notifications following convictions. According to Express News, Justice Khalid Ishaq heard the petitions filed by Muhammad Ahmad Chattha and Muhammad Ahmad Khan Bachhar, represented by Advocate Shehzad Shaukat. Last month, both Chattha and Bachhar were convicted in a case related to the May 9 riots, and subsequently disqualified by the election supervisor. During the proceedings on Wednesday, Advocate Arshad Nazir Mirza appeared on behalf of provincial assembly member Afzal Sahi. Advocate Shaukat argued that the ECP issued the…
Westend61 | Westend61 | Getty ImagesA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.As the world’s rich have gotten richer, their investment firms have doubled down on private assets such as direct lending and data centers.The number of family offices with allocations to private markets has surged by 524% since 2016, rising from 651 to 4,067, per Preqin data. This increase surpasses that of wealth management firms (410%) and endowments and foundations (81%) with allocations to private…
Angel Santana Garcia | Istock | Getty ImagesA version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.The days of landlords knocking on doors for monthly rent checks, or tenants going after landlords to fix a leaky toilet are slowly coming to an end. Technology has been stepping in to address the needs of tenants, landlords and large multifamily…
This photo taken on Aug. 15, 2025 shows the static fire test of China’s Long March-10 carrier rocket at the Wenchang Spacecraft Launch Site in south China’s Hainan Province. China’s Long March-10 carrier rocket, the country’s new-generation manned launch vehicle, has successfully completed the first static fire test here on Friday, the China Manned Space Agency has announced. (Xinhua/Zhang Bin)WENCHANG, Hainan, Aug. 15 (Xinhua) — China’s Long March-10 carrier rocket, the country’s new-generation manned launch vehicle, has successfully completed the first static fire test on Friday at the Wenchang Spacecraft Launch Site in the southern island province of Hainan, the…
LAHORE: Apart from drenching rooftops, streets, and alleyways, rainfall serves the crucial purpose of nourishing the parched layers of earth beneath the ground. Unfortunately, however, in a large city like Lahore, millions of gallons of valuable rainwater are wasted every year, due to the absence of adequate storage facilities. Every day, Lahore extracts 70 to 80 million gallons of groundwater. WASA operates 600 tubewells in the city, while thousands more are run by private entities. Even though WASA has launched an underground water storage tank project aimed at conserving rainwater and helping restore the underground water levels, experts believe the…
People move through a crowded JFK International Airport days before the 4th of July holiday on July 02, 2024 in New York City. As the summer travel season takes off, millions of Americans and tourists are experiencing long delays and congestion at airports, train stations and on highways. July is the busiest month of travel in the U.S.Spencer Platt | Getty Images News | Getty ImagesMaking money in the summer is not as easy as it used to be for airlines.Airlines have drawn down their schedules in August for a variety of reasons. Some travelers are opting to fly earlier,…
PESHAWAR: Khyber-Pakhtunkhwa Chief Secretary Shahab Ali Shah on Thursday announced that the provincial government has approved Rs2 billion for the rehabilitation of people affected by the ongoing operation in Bajaur. Speaking to the media at the Independence Day flag-hoisting ceremony at the Civil Secretariat, Shahab said that the operation in Bajaur is an intelligence-based, targeted campaign, not a large-scale military offensive, aimed at clearing the area of terrorist elements and restoring peace. He stated that security forces are clearing houses along roads in the affected areas and that displaced residents will be able to return soon. “Wherever government action is…
Russian President Vladimir Putin meets with the media at his campaign headquarters in Moscow on March 18, 2024. Natalia Kolesnikova | Afp | Getty ImagesRussian media outlets were in high spirits on Friday as Kremlin leader Vladimir Putin headed to meet U.S. President Donald Trump for an Alaskan summit widely presented as a win for Moscow, its economy and global standing.Articles and commentary were splashed across Russian state news sites on Friday reveling in the global attention that Putin’s historic trip to the U.S. was garnering, with positive takes on what the high-stakes talks — centered on ending the war in…
This photo shows the new evidence of Unit 731 unveiled by the Exhibition Hall of Evidences of Crime Committed by Unit 731 of the Japanese Imperial Army in Harbin, northeast China’s Heilongjiang Province, Aug. 15, 2025.New evidence of Unit 731 — a Japanese germ-warfare unit that operated during World War II — was unveiled on Friday in Harbin, the capital of northeast China’s Heilongjiang Province.The new evidence includes 3,010 pages of archive documents, 194 minutes of video footage, 312 photographs, 12 postcards and eight letters, exposing Japanese germ-warfare crimes in detail. (Xinhua/Wang Song)This photo shows the new evidence of Unit…
ISLAMABAD: The International Monetary Fund (IMF) has observed that Pakistan is not effectively using data on the ultimate real owners of companies, creating hurdles in disrupting corruption-related laundering schemes and checking front companies from securing government contracts. The global lender’s draft report on the Governance and Corruption Diagnostic Assessment revealed major flaws in the effective implementation of the country’s beneficial ownership regime. The IMF found “little evidence of routine coordination” between the Securities and Exchange Commission of Pakistan (SECP) and investigation agencies for exchanging and using beneficial ownership data in financial investigations. However, Pakistani authorities disagreed with the IMF’s findings,…