By Staff Reporter
ISLAMABAD: Pakistan’s economy is showing tentative signs of stabilisation and recovery as reforms under an International Monetary Fund program begin to curb inflation and revive growth, though structural challenges and global trade risks persist, the Asian Development Bank (ADB) said on Wednesday.
By Staff Reporter
ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday issued a sweeping invitation to global investors, including Saudi Arabia, China, the US, and the European Union, to tap into the country’s $6 trillion mineral reserves, as Islamabad races to unlock an underdeveloped sector critical to stabilising its debt-strapped economy.
By Staff Reporter
KARACHI: Pakistan’s stock market suffered a historic 8,000-point collapse in an intraday trade on Monday, battered by global fallout from China’s retaliatory tariffs on the US.
By Staff Reporter
KARACHI: Pakistan’s stock market cratered on Monday, with the benchmark KSE-100 Index tumbling more than 6,000 points in early trading as President Donald Trump’s tariff decision stoked recession fears and oil prices sank.
By Staff Reporter
ISLAMABAD: Pakistan will dispatch a high-level delegation to Washington to contest a looming 29 percent US tariff on its goods, a policy threatening the nation’s fragile export-driven recovery, Finance Minister Muhammad Aurangzeb said on Saturday.
By Staff Reporter
RAWALPINDI: Pakistan’s military’s top leadership pledged on Friday to counter foreign proxies and hostile internal actors destabilising the southwestern Balochistan province, a region plagued by a decades-long separatist insurgency, saying it would eradicate terrorism in all its forms, regardless of the cost.
Inflation rate slowed to 0.7 percent in March, the lowest in over three decades, driven by weak demand and economic reforms, with urban inflation falling to 1.2 percent and rural inflation remaining flat.
By Staff Reporter
ISLAMABAD: Pakistan began the second phase of its Afghan refugee repatriation programme on Thursday, targeting holders of Afghan Citizen Cards (ACC) after a government deadline expired, despite international pleas for leniency and conflicting reports over possible delays.
By Staff Reporter
QUETTA: Balochistan National Party-Mengal (BNP-M) chief Sardar Akhtar Mengal announced on Wednesday that he would unveil plans for new demonstrations on April 3, as his party’s sit-in protest against the arrests of Baloch rights activists entered its sixth day.
By Staff Reporter
ISLAMABAD: At least 11 people, including women and children, were killed in Khyber Pakhtunkhwa province in an incident locals described as a drone strike, though authorities said it was a counter-terrorism operation targeting militants.
