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Defence

PM expresses confidence on defence of Pakistan’s airspace

ISLAMABAD: Caretaker Prime Minister Nasir-ul-Mulk on Monday said defence of Pakistan's airspace was in safe hands and the devotion to duty and professionalism of Pakistan Air Force (PAF) was commendable. He said this during visit to Pakistan Aeronautical Complex (PAC), Kamra. The prime minister was briefed about PAC's role in modernizing PAF and indigenous production of multi-role jet fighter JF-17. He commended PAC's ventures in planning, designing and production of state-of-the-art and modern jet aircrafts…

Caretaker CM Sindh overviews preparations for IDEAS 2018

KARACHI: Caretaker Sindh Chief Minister Fazul-ur-Rehman on Wednesday said that International Defence Exhibition and Seminar (IDEAS) has transformed into an iconic event for cutting-edge technology demonstrations as well as forum of shared knowledge and expertise in Pakistan. The chief minister was presiding over the second steering committee meeting of IDEAS 2018 to overview the preparations for the strategically important event. The meeting was attended by representatives from federal ministries, various departments of…

Nawaz says being deprived of defence in accountability court

LAHORE: Expressing reservations on the Supreme Court's order to the accountability court to wind up all the references against him in one month, former prime minister Nawaz Sharif on Monday said he was being deprived of right to defence in the accountability court through implicating tough conditions for the cases against him, ARY News reported. "I am unable to find a lawyer who could appear before court on such strict conditions. Our counsel said one needs time to prepare for a case and it was impossible to contest the…

Pakistan won’t make any compromise on its defence: PM

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi has said the observance of Youm e Takbeer provided an opportunity to the nation to reiterate its resolve for the defence and solidarity of Pakistan. It’s the day which reminds us that the national interests should be given priority for the motherland’s progress, defence and unity. In a message on the Youm -e- Takbeer being observed to commemorate the historic nuclear tests Pakistan made on the day in 1998, the prime minister said on this historic day, Pakistan emerged as…

Overview of Federal Budget 2018-19

ISLAMABAD: The federal government on Friday announced the budget for the fiscal year 2018-19 with a total outlay of Rs 5.93 trillion as against Rs4.75 trillion for the outgoing year. “The GDP growth rate was 5.4pc last year, which has now grown up to 5.8pc -- the highest in 13 years. Today we are the 24th largest economy in the world. In the last five years, inflation has been kept below 5pc which was up to 12pc when we took over. The budget deficit will remain restricted to 5pc this year," newly-appointed Finance…

Karachi: Police recovers four-year-old, kills suspected kidnappers in DHA shootout

KARACHI: Police on Tuesday claimed to have foiled a short-term kidnapping bid while killing two kidnappers in a shootout in Karachi's Defence Housing Authority area, ARY News reported. According to SSP South, the suspects kidnapped a four-year-old kid from DHA's Khayaban-e-Tariq area while he was on his way to school with his father. The criminals moved the kid to another car while some of their accomplices stayed with his father in another. The suspects then demanded Rs170million from the boy's grandfather for his…

France signs deals worth $16 billion in India; to deepen defense, security ties

PARIS/NEW DELHI: French and Indian companies signed contracts worth 13 billion euros ($16 billion) on the first day of President Emmanuel Macron’s visit to India on Saturday, the French presidency said in a statement. The deals include a contract for France’s Safran to supply airline Spice Jet with engines, water system modernization by Suez in the southern city of Davangere and a contract between industrial gas company Air Liquide) and Sterlite. Macron and Indian Prime Minister Narendra Modi – addressing a news…

China boosts defence spending, rattling its neighbours’ nerves

BEIJING: China unveiled its largest rise in defence spending in three years on Monday, setting a target of 8.1 percent growth for this year, fuelling an ambitious military modernisation programme and making its neighbours nervous. The 2018 defence budget will be 1.11 trillion yuan ($175 billion), according to a report issued at the opening of China’s annual meeting of parliament. The defence spending figure is closely watched around the world for clues to China’s strategic intentions as it develops new military…