ISLAMABAD: Pakistan’s headline inflation quickened to 10.9% year-on-year in April, the Pakistan Bureau of Statistics reported on Friday, topping the government’s projection and highlighting the stubborn price pressures that prompted the central bank to raise interest rates for the first time in three years.
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Pakistan halts power cuts after LNG cargo docks, ending month of outages
ISLAMABAD: Power Minister Awais Ahmed Khan Leghari said on Friday that planned power outages have ended nationwide after a liquefied natural gas cargo arrived the previous day, restoring stability to the electricity system following a month of fuel-driven disruptions.
Iran submits new proposal for US peace talks as Trump faces war-powers deadline and Hormuz crisis drags on
ISLAMABAD: Iran delivered a new proposal late on Thursday for a second round of negotiations with the United States aimed at ending the nearly nine-week war, Iranian state media and Pakistani officials involved in the mediation said on Friday, offering a potential opening in a diplomatic impasse that has kept global oil prices elevated and the Strait of Hormuz largely closed to commercial traffic.
Pakistan’s foreign reserves rise above $21 billion on Eurobond proceeds
ISLAMABAD: Pakistan’s total liquid foreign-exchange reserves climbed above $21 billion at the end of last week, lifted by fresh inflows from the country’s first return to international capital markets in four years.
FBR misses 10-month tax goal by Rs684 billion as Middle East conflict clamps down on imports
ISLAMABAD: The Federal Board of Revenue missed its collection target by Rs684 billion during the first 10 months of fiscal 2026, tax officials said, with much of the gap traced to trade disruptions caused by the ongoing Middle East conflict.
Security forces kill 13 militants in foiled Afghan border infiltrations; cross-border shelling kills 9 Pakistani civilians
ISLAMABAD: The security forces have killed at least 13 militants in two separate attempts to cross the Afghan border this week, the military said, in operations that underscored Islamabad’s deepening frustration with what it described as the Afghan Taliban government’s failure to control its side of the frontier.
Lahore Bar Association asks Supreme Court to strike down constitutional amendment over judge transfers
ISLAMABAD: The Lahore Bar Association on Thursday petitioned Pakistan’s Supreme Court to declare the 27th Constitutional Amendment unconstitutional, arguing that the measure — which enabled the abrupt transfer of three Islamabad High Court judges and stripped the Supreme Court of key powers — violates the nation’s basic constitutional framework and undermines judicial independence.
Imran Khan’s lawyers urge Islamabad court to grant release on humanitarian grounds, citing solitary confinement and eye ailment
ISLAMABAD: Lawyers for former prime minister Imran Khan told the Islamabad High Court on Thursday that their client should be freed on humanitarian and compassionate grounds, pointing to more than a year of solitary confinement and an untreated eye infection that have worsened his condition in prison.
Eleven nations, including Pakistan, condemn Israeli raid on Gaza-bound flotilla as violation of international law
ISLAMABAD: Pakistan and 10 other countries issued a joint statement on Thursday sharply condemning Israel’s military interception of a civilian aid flotilla headed for Gaza, describing the operation in international waters as a “flagrant violation” of international and humanitarian law and demanding the immediate release of the detained activists.
IMF-pushed fuel hike tests Pakistan’s balancing act between fiscal targets and cost-of-living pain
ISLAMABAD: The government raised petrol and diesel prices on Thursday while simultaneously extending fuel subsidies for motorcyclists and the transport sector, aiming to shield vulnerable consumers from the surge in global oil costs triggered by the Middle East crisis.