By Staff Reporter
ISLAMABAD: A court on Wednesday granted bail to senior Pakistan Tehreek-e-Insaf (PTI) leader Fawad Chaudhry in a sedition case and ordered his release.
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Islamabad court to indict former PM Khan in Toshakhana case on Feb 7
By Staff Reporter
ISLAMABAD: A local court on Tuesday said it will charge former prime minister Imran Khan in the Toshakhana case on February 7.
Prime Minister Shehbaz Sharif addressing a seminar titled “10 Years of UN Plan of Action on the Safety of Journalists and the Issue of Impunity in Pakistan” in Islamabad on December 6, 2022. Photo courtesy of pmo.gov.pk
Prime Minister Sharif optimistic on revival of IMF bailout deal
By Staff Reporter
ISLAMABAD: The chances of Pakistan doing a deal with the International Monetary Fund have grown since a meeting in Islamabad due this week, Prime Minister Shehbaz Sharif said on Friday, adding that measures needed to pull the economy out of the unparalleled crisis are likely to bring even more pain.
ENI declares force majeure on February LNG cargo for Pakistan
By Staff Reporter
ISLAMABAD: Eni said the delivery of a liquefied natural gas (LNG) cargo to Pakistan LNG Limited that was scheduled for February has been disrupted due to an event of force majeure.
Media mogul Naqvi sworn in as Punjab caretaker CM
By Naveed Naqvi
ISLAMABAD: The Election Commission of Pakistan (ECP) on Sunday appointed Syed Mohsin Raza Naqvi as the caretaker chief minister of Punjab province after a bi-partisan parliamentary committee failed to reach a consensus on the candidate within the stipulated time.
Current account shrinks in first-half on weak imports
By Staff Reporter
KARACHI: Pakistan’s current account (C/A) deficit narrowed sharply in the first half of the current fiscal year amid dollar shortages in the country to fund imports of goods, central bank data showed on Wednesday.
MQM-P boycotts second phase of Sindh’s local government polls
By Staff Reporter
KARACHI: A key ally in collation government announced a boycott of local polls in southern Sindh province, scheduled today, after election authorities had rejected its complaint on the delimitations in constituencies.
Prevez Elahi moves to dissolve Punjab assembly
By Staff Reporter
ISLAMABAD: Chief Minister Chaudhry Parvez Elahi on Thursday advised the provincial governor to dissolve the Punjab assembly just a day after he managed to secure a trust vote.
Saudi Arabia weighs boosting cash deposit in SBP reserves to $5 billion
By Staff Reporter
ISLAMABAD: Saudi Arabia’s Crown Prince Mohammed bin Salman has directed the Kingdom’s investment arm to consider increasing its deposits to Pakistan’s central bank to reach $5 billion.
ECC approves export of 250,000 tonnes of sugar
By Staff Reporter
ISLAMABAD: The government on Tuesday allowed another 150,000 tonnes of sugar export, bringing the total to 250,000 tonnes so far this year, as it seeks to generate foreign exchange for its dried coffers.