Hafiz Saeed and his two aides - Zafar Iqbal and Yahya Mujahid - have been sentenced to 10-and-a-half years each, while his brother-in-law Abdul Rehman Makki has been sentenced to six-month imprisonment

Finance Ministry issues guidelines for implementation of interest waiverFinance Ministry has approved guidelines for a scheme granting ex-gratia payment against the difference between compound interest and simple interest for six months on loans up to Rs 2 crore. The guidelines came after the Supreme Court directed the Centre to implement as soon as possible the interest waiver on such loans during the RBI moratorium. As per the operational guidelines by Department of Financial Services, the...

Pakistan will remain in FATF's ''grey'' list till February 2021 as it has failed to fulfil six key obligations of the global money laundering and terrorist financing watchdog that include failure to take action against two of India's most wanted terrorists - Maulana Masood Azhar and Hafiz Saeed, officials said on Friday

India has said that Islamabad has not yet taken any action against several terror groups and individuals comprising those proscribed by UNSC (United Nations Security Council) like Zakir-ur-Rehman Lakhvi, Masood Azhar, Dawood Ibrahim

The FATF had given Pakistan a total of 27 action plan obligations for completely checking terror financing of which so far it has cleared 21 but has failed in some of the key tasks

Not only tomato, prices of onion and wheat have also peaked to Rs 80 and Rs 60 per kg, respectively, in Pakistan; imported vegetables are also not providing a big relief for the country's citizens as items like ginger are being sold for Rs 600-700 per kg

Senator Bob Menendez, Ranking Member of the Senate Foreign Relations Committee, said he remains deeply concerned about the prevalence of terrorist groups in Pakistan and their impact on the region

In a joint statement issued after the 17th meeting of the India-US Counter Terrorism Joint Working Group and the third session of the India-US Designations Dialogue held virtually on September 9-10, both sides denounced the use of terrorist proxies and strongly condemned cross-border terrorism in all its forms

It has been decided that the fresh session of the National Assembly will be held on September 14 and that of the Senate on September 15

The sentencing comes ahead of a September deadline for Pakistan to avoid being blacklisted for failing to curb terror financing by global financial watchdog the Financial Action Task Force (FATF)

Pakistan has imposed tough financial sanctions on 88 banned terror groups and their leaders, including Hafiz Saeed, Masood Azhar and Dawood Ibrahim, by ordering the seizure of all of their properties and freezing of bank accounts

They said the on-site review to be conducted by experts of the global body was scheduled to begin in September-October but the FATF secretariat in Paris has conveyed to India that the review is being tentatively pushed to January-February next year

While Pakistan took action against the Lashkar founder Hafiz Saeed last year, it continued to provide safe harbour to other top militant leaders, the U.S. State Department's 2019 country report on terrorism said

Bilawal Bhutto Zardari, whose Pakistan Peoples Party was in power when bin Laden was killed, accused the prime minister of appeasing violent extremism

Pakistan is yet to conclude 13 out 27 items of its FATF action plan. The country's progress on the same would be assessed in the next FATF plenary meet slated for October 2020

The FATF noted that Pakistan addressed only 14 of 27 action items given to it for controlling funding to terror groups like the Lashkar-e-Taiba and Jaish-e-Mohammad, responsible for series of attacks in India

The anti-terrorism court, or ATC, in Lahore found Hafiz Saeed guilty of \"being part of a banned terrorist outfit\" and possessing illegal property

Tensions between India and Pakistan have spiked since India abrogated Article 370 of the Constitution to revoke the special status of Jammu and Kashmir in August last year

Acting Assistant Secretary of State for South and Central Asia Alice Wells said they have been pleased to see progress by Pakistan towards fulfilling FATF obligations

The IMF programme continues to face significant risks, both from domestic and external factors, the report added