Author: i2wtc

ISLAMABAD: A government official said on Monday that the import of accidental cars will be banned, and a 40% new tax will be imposed at the time of opening commercial imports of used cars next month to protect the local industry, delaying any benefits to the consumers from trade liberalisation. But the local assemblers have claimed that despite trade liberalisation, there will not be any reduction in prices, as the government charges 30% to a whopping 61% of the total price in taxes on the locally assembled cars. In a policy statement during a joint meeting of the Senate standing…

ISLAMABAD: Pakistan will take part in the upcoming season of the FIH Pro League with a parliamentary panel informed on Monday that the federal government has agreed to release Rs250 million for the event. Issues related to the Pakistan Hockey Federation came under discussion during a meeting of the National Assembly Standing Committee on Inter Provincial Coordination here at the Parliament House with MNA Mohammad Sanaullah Khan Mastikhel in the chair. During the course of the meeting, IPC secretary Mohyuddin Wani informed that the Ministry of Finance had confirmed that it will provide Rs250m to ensure Pakistan’s first-ever participation in…

KARACHI: For the first time in Sindh’s history, a structured training programme has been launched to prepare college teachers for administrative roles and responsibilities. The inaugural session of the training was held at the Training, Management and Research Wing in Karachi on Monday, where Sindh Education Minister Syed Sardar Ali Shah emphasised the importance of continuous learning. Addressing the session, the minister said that empowering college principals and administrative officers with managerial skills will enhance the overall standard of colleges. “The process of learning should never stop. When teachers transition into administrative roles such as principals, they often face challenges…

U.S. President Donald Trump meets with European Commission President Ursula von der Leyen, in Turnberry, Scotland, Britain, July 27, 2025. Evelyn Hockstein | ReutersPresident Donald Trump vowed Monday to impose “substantial” new tariffs and restrict U.S. chip exports for all countries that do not remove digital taxes and related regulations.Trump wrote on Truth Social that digital services taxes, or DSTs — which are currently imposed by dozens of countries — “are all designed to harm, or discriminate against, American Technology.””I put all Countries with Digital Taxes, Legislation, Rules, or Regulations, on notice that unless these discriminatory actions are removed, I, as…

US President Donald Trump said that seven jets shot down during Pakistan-India conflict in May. He took credit for preventing what he described as a potential nuclear conflict between India and Pakistan earlier this year. Speaking at a White House press briefing, Trump said the situation in South Asia was “raging” when fighter jets were shot down during the brief war in May. “The war with India and Pakistan was the next level that was going to be a nuclear war… They already shot down seven jets,” he told reporters. “I said, ‘You want to trade? We are not doing any trade…

A general view of the Pentagon in Washington, D.C., U.S., March 21, 2025. Kent Nishimura | ReutersThe head of a Pentagon unit responsible for accelerating the military’s adoption of new technology resigned on Monday, according to four people familiar with the matter, the latest exit of a senior military official whose political views have clashed with those of U.S. President Donald Trump.Doug Beck, director of the Silicon Valley-based Defense Innovation Unit, told staff in an email that he was stepping down, the people said. He did not provide a reason for his departure in the email, but wrote that working at the DIU was “basically the greatest…

People pose for photos outside the venue of the 2025 Shanghai Cooperation Organization (SCO) International Investment and Trade Expo in Qingdao, east China’s Shandong Province, July 18, 2025. (Xinhua/Li Ziheng)BISHKEK, Aug. 25 (Xinhua) — The China-proposed global initiatives fully embody the principles of the Shanghai Spirit, the guiding philosophy of the Shanghai Cooperation Organization (SCO), a Kyrgyz expert has told Xinhua.Mars Sariev, a political scientist from Kyrgyzstan and an expert on Central Asian issues, said the Global Development Initiative, the Global Security Initiative and the Global Civilization Initiative reflect the Shanghai Spirit, which is founded on mutual trust, mutual benefit,…

Imran Khan’s sister Aleema has been exempted from appearing in court to face charges of protesting for her brother’s release last year. The anti-terrorism court in Rawalpindi will next hear the case a week later, on September 2. The Sadiqabad Police had registered a case against her after the violent November 26 protests in Islamabad. On Monday, Rawalpindi anti-terrorism court judge Amjad Ali Shah granted her lawyer Advocate Muhammad Faisal Malik’s request for exemption. Aleema Khan is out on bail. However, her sons were arrested in Lahore last week. On August 22, police detained Shershah Khan, a day after his brother…

Lisa Cook, member of the Board of Governors of the US Federal Reserve, attends a Federal Reserve Board open meeting discussing proposed revisions to the board’s supplementary leverage ratio standards at the Federal Reserve Board building in Washington, DC, on June 25, 2025. Saul Loeb | AFP | Getty ImagesPresident Donald Trump on Monday fired Federal Reserve Governor Lisa Cook, according to a letter on his Truth Social, an unprecedented move and a significant escalation of his attacks on the independence of the U.S. central bank.”Pursuant to my authority under Article II of the Constitution of the United States and the Federal…

Spectators walk past movie posters at a cinema in Wuhan, central China’s Hubei Province, Aug. 25, 2025. China’s summer box office revenue has surpassed 11 billion yuan (about 1.5 billion U.S. dollars) as of Sunday, with homegrown titles dominating the season’s top earners. (Photo by Zhao Jun/Xinhua)Audience buy tickets for “Nobody,” a spinoff from the acclaimed “Yao-Chinese Folktales” animation series, at a cinema in Wuhan, central China’s Hubei Province, Aug. 25, 2025. China’s summer box office revenue has surpassed 11 billion yuan (about 1.5 billion U.S. dollars) as of Sunday, with homegrown titles dominating the season’s top earners. (Photo by…