By Staff Reporter
KARACHI: Fuel retailers plan to shut down their pumps across the country from Saturday, demanding a higher profit margin from the government.
Latest
PTI Khan stands by cipher claim, says ex-secretary may have been coerced
By Staff Reporter
ISLAMABAD: Former prime minister Imran Khan on Thursday dismissed a statement attributed to his ex-aide that he had fabricated a document to accuse his rivals of a foreign plot to oust him, saying he would not believe it unless he heard it from him.
Pakistan to host Asia Cup opener against Nepal in Multan
By Staff Reporter
ISLAMABAD: Pakistan will host the opening match of the 2023 Asia Cup cricket tournament against Nepal in Multan on August 30, a day earlier than originally planned, the Asian Cricket Council (ACC) and the Pakistan Cricket Board (PCB) said on Wednesday.
Pakistan to sell Karachi Port Terminal to Abu Dhabi Ports
By Staff Reporter
ISLAMABAD: Pakistan plans to sell the bulk and general cargo terminal at Karachi Port’s East Wharf to Abu Dhabi Ports, the second such deal in less than a year, as the cash-strapped nation seeks to raise funds and improve its infrastructure.
PTI Khan accused of using secret US document to fuel anti-establishment campaign
By Staff Reporter
ISLAMABAD: A former top aide to Imran Khan, the former prime minister of Pakistan, has accused him of using a secret document from the United States to fuel his anti-establishment campaign and undermine the country’s relations with its key ally, according to an alleged confession that surfaced on Wednesday.
Pakistan must keep raising policy rate to fight inflation, IMF says
By Staff Reporter
ISLAMABAD: The International Monetary Fund has urged Pakistan to continue its monetary tightening cycle to rein in inflation and support the exchange rate, after approving a new $3 billion loan for the country last week.
‘Suspected suicide’ attack injures six near security forces vehicle in Peshawar
By Staff Reporter
ISLAMABAD: A suspected suicide bomber struck near a security forces vehicle in Peshawar’s Hayatabad area on Tuesday, injuring at least six people, police and local media said.
Pakistan’s current account surplus widens in June as imports plunge
By Staff Reporter
KARACHI: Pakistan’s current account posted a surplus for the fourth straight month in June, as the country’s import bill fell sharply amid dollar shortages, data from the central bank showed on Tuesday.
Pakistan gets $600 million loan rollover from China
By Staff Reporter
ISLAMABAD: China has rolled over a $600 million loan to Pakistan, boosting the country’s foreign exchange reserves as it seeks to stabilise its economy under an International Monetary Fund (IMF) program.
Pakistan defends military trial of civilians over May 9 violence
By Staff Reporter
ISLAMABAD: Pakistan’s government on Monday defended its decision to try civilians accused of attacking sensitive military installations in military courts, saying it was an appropriate and proportionate response to the violent protests that erupted on May 9 following the arrest of opposition leader Imran Khan.