Islamabad: Finance Minister Muhammad Aurangzeb categorically denied any proposal to reduce the retirement age for government employees to 55 years. Addressing the Senate Standing Committee on Finance on Wednesday, he dismissed the idea as baseless and made clear that no such plan was under consideration. The committee meeting, chaired by Senator Salim Mandviwala, included a … Read more
Marvin Laird, the award-winning Broadway and film composer who also conducted concerts for major stars like Diana Ross and Bernadette Peters, died Monday in Connecticut of natural causes. He was 85 years old. Laird has been involved in numerous hits on stage and the big screen. His most notable Broadway shows include “Annie,” “Get Your … Read more
KARACHI: Celebrations filled with unwavering dedication and lavish prestige marked the 75th anniversary of the National Bank of Pakistan (NBP). The event was held at the historic Mohatta Palace in Karachi, and was attended by dignitaries from the government, business community and clients from across the country. Mr. Rehmat Ali Hasni, Chairman, National Bank of … Read more
Victories by the Securities and Exchange Commission of Pakistan (SECP) are few and far between when it comes to capital markets. When they end up with a win in their column, it’s cause for celebration. Even if it comes 24 years after the original order was issued. This is exactly what happened earlier this month, … Read more
David Korda, the British film producer and financier who came from a family of prominent directors including his father, Zoltan Korda, has died. He was 87 years old. Korda’s death was revealed on November 16 by film historian Charles Drazin via social media. Korda died on September 18 at Cromwell Hospital in London after a … Read more
Two Somali pirates sentenced to 30 years in prison for kidnapping American journalist Michael Scott Moore and held him hostage for 977 days, federal prosecutors said Tuesday. Moore, a freelance journalist, traveled to Somalia in 2012 to study piracy and the country’s economy. On January 21, he was kidnapped by several heavily armed men and … Read more
Paul Reiser returns to the world of stand-up comedy with his first comedy special in over 30 years – CBS News Watch CBS News Comedy legend Paul Reiser is the star of “Mad About You” and “Stranger Things.” He returns to stand-up with “Life, Death, and Rice Pudding,” his first special in over 30 years. … Read more
Islamabad: Pakistan’s debt-to-GDP ratio has fallen to its lowest level in more than six years, standing at 65.7% as of September 2024. This represents a significant improvement, as the ratio was last recorded at this level in June 2018. Financial brokerage firm Arif Habib Limited (AHL) reported that the domestic debt-to-GDP ratio is 43.1%, while … Read more
Tony Todd, the American actor best known for leading the “Candyman” horror film series as the ghost with the hook, has died. He was 69 years old. Todd’s death was confirmed by the actor’s representative. A trusted presence in the genre over four decades, Todd’s string of credits includes such iconic titles as Alex Proyas’ … Read more
Syracuse, Nebraska — Gerri Eisenhauer’s father, Army Pvt. William Walters, was shipped off to World War II before he was even born. In 1944, his family recovered his body along with a letter from the U.S. government stating only that he had died somewhere in France. “I always wondered where he died, how he died, … Read more