ISLAMABAD: Pakistan sold a controlling stake in its loss-making national airline to a consortium led by Arif Habib Corp. for Rs135 billion, the country’s first major privatisation in nearly two decades and a key step in efforts to revive the struggling economy under an International Monetary Fund bailout.
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Nine militants killed in two security operations in Khyber Pakhtunkhwa
ISLAMABAD: Security forces killed nine militants in two separate operations in the restive Khyber Pakhtunkhwa province, the military said on Sunday, amid a surge in terrorist attacks that has pushed the country to the second spot on a global index of nations most affected by terrorism.
Updated-Imran Khan and Bushra Bibi sentenced to 17 years in Toshakhana graft case
RAWALPINDI: A special court in Rawalpindi on Saturday sentenced Imran Khan, the founder of Pakistan Tehreek-e-Insaf party and the country’s former prime minister, along with his wife, Bushra Bibi, to 17 years in prison in a corruption case involving the purchase of an expensive state gift jewellery set at a steeply discounted price.
Imran Khan and Bushra Bibi sentenced to 17 years in Toshakhana graft case
RAWALPINDI: A special court in Rawalpindi on Saturday sentenced Imran Khan, the founder of Pakistan Tehreek-e-Insaf and the country’s former prime minister, along with his wife, Bushra Bibi, to 17 years in prison in a corruption case involving the purchase of an expensive Bulgari jewellery set at a steeply discounted price.
UN says Indian attack on Pakistan after Pahalgam incident was unlawful
ISLAMABAD: United Nations experts have raised alarms that India’s military strikes on Pakistan in response to an attack in Kashmir this spring violated international law and human rights, including the rights to life and security, according to a report made public this week.
Pakistan says India altered Chenab River without notice, raising treaty tensions
ISLAMABAD: Pakistan accused India on Thursday of manipulating the flow of the Chenab River without prior notice, a move that officials said threatened the livelihoods of millions during a crucial agricultural season and violated a longstanding water-sharing treaty between the nuclear-armed neighbours.
Taliban denials deemed ‘not credible’ as UN flags Afghanistan as regional terrorist hub
ISLAMABAD: A United Nations Security Council report has dismissed the Taliban’s insistence that no terrorist groups are using Afghan soil to launch cross-border attacks, labelling the claim “not credible” and highlighting growing fears among neighbouring countries that Afghanistan has become a hub for regional instability.
Imran Khan’s sons plan January trip to Pakistan, voice concern over father’s prison conditions
KARACHI: The sons of Imran Khan, the imprisoned former prime minister, said they had applied for visas and were preparing to travel to Pakistan in January to visit their father, even as they voiced deepening alarm over what they described as his deteriorating conditions in a “death cell” at Adiala jail.
Indian father and son kill 15 in ISIS-inspired Bondi beach massacre; Indian media deliberately spreads disinformation targeting Pakistan
ISLAMABAD: Misinformation exploded across social media and seeped into mainstream reporting in the hours after a father-and-son duo inspired by Islamic State ideology carried out Australia’s deadliest mass shooting in nearly three decades, killing 15 people and wounding dozens at a Hanukkah celebration near Sydney’s Bondi Beach, complicating investigations and stoking ethnic tensions.
SBP cuts interest rate by 50 basis points, defying IMF guidance
KARACHI: Pakistan’s central bank on Monday unexpectedly lowered its benchmark interest rate by 50 basis points to 10.5%, defying analyst expectations and recent IMF guidance to hold off on further easing amid risks to inflation and external balances.
