By Staff Reporter
KARACHI: At least 11 people, including women and children, were killed and several others injured in a deadly stampede during the distribution of food aid in Karachi on Friday, officials said.
top-latest
Pakistan picks IFC as adviser for airports outsourcing
By Staff Reporter
ISLAMABAD: Pakistan on Thursday approved hiring of World Bank’s International Finance Corporation (IFC) to provide transaction support as the country initiated a process to outsource operations at three major airports on a public private partnership.
Parliament passes bill to limit chief justice’s powers
By Staff Reporter
ISLAMABAD: The National Assembly on Wednesday adopted a bill aimed at curtailing the discretionary powers of the chief justice, preventing him from taking suo motu notices in an individual capacity on issues of fundamental rights and constitute benches for various cases.
President Alvi asks Sharif’s govt to ensure provincial elections on time
By Staff Reporter
ISLAMABAD: President Arif Alvi on Friday emphasised the need to assist the Election Commission of Pakistan (ECP) in holding general elections in Punjab and Khyber-Pakhtunkhwa within the required timeframe.
IMF flags few more hurdles for Pakistan to secure bailout: Bloomberg
Monitoring Desk
ISLAMABAD: The International Monetary Fund (IMF) said Pakistan has a few more tasks before it can unlock a $6.5 billion loan to avoid a default, putting pressure on the government to secure assurances from countries that have promised financing support, Bloomberg reported on Tuesday.
Pakistan seals another $1.3bn loan rollover from all-weather ally China
By Staff Reporter
ISLAMABAD: Pakistan will get another $1.3 billion from all-weather ally China to shore up its fast-depleting forex reserves, Finance Minister Ishaq Dar said on Friday, days after the country received $700 million from Beijing.
Bloomberg reports markets brace for potential default by Pakistan as $7bn debt looms
By Monitoring Desk
Bondholders are bracing for a potential default by Pakistan as the beleaguered nation faces billions of dollars in debt repayments that it will struggle to make good on without a bailout from the IMF or rollovers from bilateral creditors.
Former interior minister Sheikh Rashid Ahmed arrested
By Naveed Naqvi
ISLAMABAD: Sheikh Rashid Ahmed, former interior minister and a close ally of Imran Khan was arrested in the early hours of Thursday, officials said.
Court grants bail to Fawad Chaudhry in sedition case
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.
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.