By Staff Reporter
KARACHI: Mohammad Rizwan and Abdullah Shafique smashed unbeaten centuries as Pakistan pulled off the highest successful run chase in World Cup history, beating Sri Lanka by six wickets in a thrilling Group B match on Tuesday.
By Staff Reporter
ISLAMABAD: Pakistan should increase taxation of high-income earners, especially those who derive income from agriculture and property, and withdraw regressive tax exemptions, the World Bank said.
By Staff Reporter
ISLAMABAD: A special court in will formally charge former Prime Minister Imran Khan and his former foreign minister, Shah Mahmood Qureshi, next week with leaking state secrets, a case that could further erode the political fortunes of the jailed opposition leader.
By Staff Reporter
KARACHI: Pakistan has imposed new fees and restrictions on the transit trade with Afghanistan, blocking hundreds of containers bound for the landlocked country at Karachi port and banning the export of 212 items, including chocolates, footwear, and garments.
By Staff Reporter
ISLAMABAD: Pakistan’s poverty rate has soared to 39.4 percent in the fiscal year that ended in June, up from 34.3 percent a year earlier, as the country faces a severe economic crisis, high inflation and the aftermath of devastating floods, the World Bank said in a report on Tuesday.
By Staff Reporter
ISLAMABAD: Inflation in September rose for the first time in four months after the government raised fuel prices to meet International Monetary Fund’s (IMF) conditions for an ongoing $3 billion bailout program.
By Staff Reporter
ISLAMABAD: Pakistan’s exports of goods rose for the first time in almost a year in September, reversing a prolonged slump caused by a struggling economy, official data showed on Monday.
By Staff Reporter
KARACHI: A Pakistani refiner has imported the country’s first private-sector shipment of Russian crude oil, taking advantage of Moscow’s discounts on its oil exports after its invasion of Ukraine.
Intent on pushing through the privatisation agenda laid down by the previous government, Pakistan’s caretaker government is weighing options to sack the governors of power distribution companies. By Staff Reporter.
By Staff Reporter
ISLAMABAD: Pakistan’s interim interior minister on Saturday accused India’s intelligence agency of being behind the recent terrorist attacks in Balochistan, a restive province that has been plagued by violence for decades.
