By Staff Reporter
ISLAMABAD: Veteran politician Sardar Akhtar Mengal, leader of the Balochistan National Party (BNP), resigned from the National Assembly on Tuesday, saying his province has been consistently marginalized and ignored.
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Single-digit inflation returns after almost 3 years, August rate drops to 9.6pc
By Staff Reporter
ISLAMABAD: Consumer price inflation rose 9.6 percent in August from a year earlier, the slowest pace in 34 months, as the central bank prepares to cut interest rates for the third time this year.
Pakistan reports fourth mpox case, all linked to Gulf travel
By Staff Reporter
ISLAMABAD: Pakistan confirmed its fourth case of mpox on Sunday, after a 47-year-old resident of Peshawar tested positive upon his return from the Gulf region.
Cyclone Asna weakens, veers away from Sindh coast
By Staff Reporter
KARACHI: A rare monsoon cyclone, Asna, has weakened in the Arabian Sea and moved away westward from Sindh’s coastal belt, easing the threat of landfall, the Met office said on Saturday.
Sindh braces for rare cyclone as storm intensifies over Arabian Sea
By Staff Reporter
KARACHI: A powerful cyclone, Asna, intensified over the northeast Arabian Sea, bearing down on coastal areas with heavy rains and strong winds expected to hit the southern province of Sindh by early Saturday, the meteorological office said.
Cyclone bears down on Sindh province, heavy landfall expected
By Staff Reporter
KARACHI: A cyclone brewing over the Arabian Sea is expected to make landfall in southern Pakistan on Friday, threatening to unleash heavy rain and strong winds on the coastal province of Sindh, the Pakistan Meteorological Department (PMD) said.
Moody’s lifts Pakistan’s rating to Caa2, outlook positive
By Staff Reporter
KARACHI: Moody’s Investors Service has upgraded Pakistan’s local and foreign currency issuer and senior unsecured debt ratings to Caa2 from Caa3, as improved macroeconomic conditions and better government liquidity and external positions reduce the country’s default risk.
Islamabad pledges support for Balochistan in counter-terrorism push after deadly militant attacks
By Staff Reporter
ISLAMABAD: Interior Minister Mohsin Naqvi pledged federal backing for Balochistan’s counter-terrorism push on Tuesday, a day after horrific attacks across the province claimed at least 50 lives, including 14 security personnel, and highlighted the growing threat from separatist militants.
Balochistan attacks kill 39, militants target civilians and security forces
By Staff Reporter
QUETTA: At least 39 people were killed in a series of coordinated attacks in southwestern Balochistan province, officials said Monday, in some of the worst violence to hit the region in recent years.
Pakistan gets positive signals from key allies on $7 billion IMF loan
By Staff Reporter
ISLAMABAD: Pakistan has received encouraging signals from China, Saudi Arabia, and the United Arab Emirates regarding their potential support for the country’s $7 billion International Monetary Fund (IMF) loan package, Finance Minister Muhammad Aurangzeb said on Friday, a crucial step towards unlocking the funding at the lender’s next month’s board meeting.