By Staff Reporter
ISLAMABAD: The headline inflation rate eased to 11.1 percent in July from 12.6 percent in June, the lowest level since November 2021, data from the Pakistan Bureau of Statistics (PBS) showed on Wednesday.
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Pakistan receives bids from Chinese firms for Panda bond issuance
By Staff Reporter
ISLAMABAD: Pakistan has received five bids from Chinese firms to help it raise funds through Panda bonds, as the country seeks to return to global capital markets after making progress in shoring up its finances, Bloomberg reported on Thursday.
NA committee passes bill to restrict independent candidates joining parties
By Staff Reporter
ISLAMABAD: The government on Wednesday rushed through a contentious bill aimed at preventing the opposition Pakistan Tehreek-i-Insaf (PTI) party from becoming the single largest party in the National Assembly, sparking fierce protests from the opposition.
Petrol price cut by Rs6.17/litre, diesel down Rs10.86
By Staff Reporter
ISLAMABAD: Prime Minister Shehbaz Sharif approved a surprise cut in fuel prices, trimming petrol by 2.3 percent and high-speed diesel by 3.8 percent for the next fortnight, as global market costs decline.
Government, BYC protesters reach breakthrough in Gwadar talks
By Staff Reporter
QUETTA: A breakthrough was announced in talks between the Pakistani government and protesters in the port city of Gwadar on Wednesday, potentially ending days of tensions and blockades.
PTCL resolves system fault, internet access restored
By Staff Reporter
ISLAMABAD: The telecoms regulator said on Wednesday internet services had been fully restored after a nationwide outage earlier in the day, caused by a fault in the main state-owned provider’s system.
Pakistan slams ‘reckless’ killing of Hamas leader Haniyeh in Tehran
By Staff Reporter
ISLAMABAD: Pakistan on Wednesday condemned the assassination of Hamas leader Ismail Haniyeh in Tehran, denouncing the “reckless act” that coincided with Iran’s new president taking office.
Crime, poor behavior hit Pakistan’s Gulf workforce
By Staff Reporter
ISLAMABAD: Pakistan’s overseas workforce is facing a decline in demand, particularly in the Gulf region, due to a perceived lack of skills and poor behavior, a Senate committee was told on Tuesday.
China seeks stability in Balochistan province amid protests
By Staff Reporter
KARACHI: China’s top diplomat in Pakistan called on Tuesday for unity among political parties and rights groups in the restive Balochistan province, urging them to prioritize economic development and stability.
PML-N tables bill to restrict independent lawmakers joining parties
By Staff Reporter
ISLAMABAD: The ruling Pakistan Muslim League-Nawaz (PML-N) party introduced a bill in parliament on Tuesday aimed at restricting independent lawmakers from joining political parties after a certain period.