QUETTA: A powerful bomb explosion tore through a crowded taxi stand near the Pakistan-Afghanistan border on Thursday evening, killing at least six people and wounding others in a scene of carnage that left body parts scattered amid the debris.
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Foreign investment slumps 22% in early fiscal year on China pullback
KARACHI: The foreign direct investment tumbled 22% in the first two months of the fiscal year, signalling persistent challenges in attracting capital amid economic headwinds and a sharp retreat from its largest investor.
Pakistan-Saudi defence pact could expand to wider Arab bloc – minister
ISLAMABAD: Other Arab nations could join a new mutual defence pact between Pakistan and Saudi Arabia, Islamabad’s defence minister said Thursday, adding that the “doors are not closed” a day after the landmark agreement was signed.
Pakistan’s Nadeem crashes out of javelin final at World Athletics
Pakistan’s star javelin thrower Arshad Nadeem saw his medal hopes extinguished at the World Athletics Championships 2025 in Tokyo on Thursday, failing to qualify for the top eight in the men’s javelin final, while Trinidad and Tobago’s Keshorn Walcott clinched the world title with a commanding throw of 88.16 meters.
Pakistan textile exports up 10pc to $3.2 bln, IT exports climb 18pc in July-Aug
ISLAMABAD: Pakistan’s textile and apparel exports, the linchpin of the nation’s economy, rose nearly 10% year-on-year to $3.2 billion in the first two months of the fiscal year, driven by robust demand for knitwear and readymade garments, official data showed.
Pakistan draws Citigroup, global consortia for Roosevelt Hotel privatization
KARACHI: Citigroup Inc. is among seven international consortia competing to advise Pakistan on the privatization of New York’s Roosevelt Hotel, a move that signals Islamabad’s drive to unlock value from state-owned assets under a $7 billion International Monetary Fund program, a senior official said.
Imran Khan appeals to top judge from jail over ‘unlawful detention’
ISLAMABAD: Pakistan’s jailed former Prime Minister Imran Khan has appealed to Chief Justice Yahya Afridi in a letter from prison, alleging unlawful detention, persecution of his family, and suppression of his Pakistan Tehreek-e-Insaf (PTI) party, as the country grapples with a deepening political rift.
ECC approves $390 million railway funding for Reko Diq copper-gold project
ISLAMABAD: The government on Thursday approved $390 million to fund a 1,350-km railway network for the Reko Diq mining project in Balochistan, a key step to develop one of the world’s largest untapped copper-gold deposits, the Finance Division said.
Current account deficit widens to $245 million in August
KARACHI: The current account deficit widened to $245 million in August 2025, up from a revised $379 million shortfall in July and a $82 million deficit a year earlier, State Bank of Pakistan (SBP) data showed on Thursday, signaling challenges in sustaining the external account stability that delivered a rare annual surplus last fiscal year.
IHC bench halts order to oust telecom chief over illegal appointment
ISLAMABAD: An Islamabad High Court bench on Thursday suspended a ruling ordering the removal of retired Major-General Hafeezur Rehman as chairman of the Pakistan Telecommunication Authority (PTA), granting him interim relief in a legal dispute over his appointment’s legality.