Pakistan raised petrol and diesel prices for delivery Friday, the Petroleum Division said on Thursday, as crude oil climbed to a three-week high after President Donald Trump threatened sweeping economic measures against countries that continue trading with Iran.
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Five militants killed in intelligence-led raid in restive Balochistan province
QUETTA: Security forces have killed five militants during an intelligence-based operation in the Killi Suran area of Panjgur district in southwestern Balochistan, officials said on Thursday, the latest action under a wider campaign against armed groups in the mineral-rich but long-troubled province.
Syria’s foreign minister makes historic Islamabad visit as Sharif pledges deeper ties with Damascus
ISLAMABAD: The prime minister has pledged to deepen ties with Syria “across the board”, as the country welcomed a Syrian foreign minister for the first time in almost two decades, in a visit that comes amid escalating tension in the Middle East following an Israeli strike on a Syrian airbase.
Six injured Pakistani sailors return home after Houthi missile attack in Red Sea
ISLAMABAD: Six Pakistani sailors wounded in a Houthi missile attack on a commercial vessel in the Red Sea earlier this month have arrived back in Pakistan, the country’s deputy prime minister said on Thursday, as the remains of two of their crewmates killed in the same assault were also brought home.
Opposition parties agree in principle to form ‘united front’ against coalition government
ISLAMABAD: Opposition parties in parliament moved a step closer to forming a joint political front on Thursday, after Jamiat Ulema-i-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman held talks with National Assembly Opposition Leader Mehmood Khan Achakzai and Senate Opposition Leader Allama Raja Nasir Abbas in Islamabad.
Parliament pushes through military command overhaul amid opposition walkout
ISLAMABAD: Pakistan’s parliament pushed through sweeping changes to the country’s military command structure on Thursday, passing legislation that formally hands the newly created post of Chief of Defence Forces sweeping powers over the armed services, hours after the bills cleared the federal cabinet and over strong objections from opposition lawmakers in both houses.
Govt risks contempt of court as deadline passes to move Imran Khan to hospital
ISLAMABAD: The government was on Thursday night facing accusations of contempt of court after it failed to move jailed former prime minister Imran Khan to a private hospital in Islamabad, hours before a Supreme Court deadline was due to expire.
Pakistan opts for tender test before committing to sugar exports
ISLAMABAD: The Economic Coordination Committee stopped short of authorising sugar exports on Wednesday, choosing instead to test international demand through a tender for 108,000 tonnes — a hedge that reflects the government’s wariness of repeating a costly cycle of trade reversals that has rattled consumers and strained its International Monetary Fund program.
Pakistan slashes diesel price by record 32.63 rupees as refineries yield to government pressure
ISLAMABAD: Pakistan cut the price of diesel by the widest margin in months on Wednesday, delivering relief to a transport and power sector squeezed by months of war-driven volatility in Middle East energy markets, even as petrol costs edged higher for consumers.
Pakistan presses US for $10 billion currency backstop, eyes September decision
ISLAMABAD: Pakistan has formally asked the United States for a $10 billion facility designed to shore up confidence in the rupee, Finance Minister Muhammad Aurangzeb said, as Islamabad tries to convince investors it no longer needs the emergency bilateral support that has propped up its reserves for years.