By Staff Reporter
ISLAMABAD: Former allies of Pakistan’s ousted prime minister Imran Khan launched a new political party on Monday, challenging his leadership and accusing him of pursuing an anti-state agenda that sparked violent protests in May.
Latest
Pakistan cracks down on illegal loan apps after man’s death
By Staff Reporter
ISLAMABAD: Pakistan’s government said on Monday it had blocked 43 loan applications and launched a public awareness campaign to protect citizens from falling victim to fraudulent loan schemes, after a man’s death sparked an investigation into the online lending industry.
Pakistan Refinery, Air Link to buy Shell Pakistan’s stake
By Staff Reporter
ISLAMABAD: Pakistan Refinery Limited (PRL) and Air Link Communication, a smartphone distributor and manufacturer, said on Monday they would jointly acquire the majority stake of Shell Pakistan Limited (SPL), as the oil giant exits the country amid a financial crisis.
Pakistan military blames TTP sanctuaries in Afghanistan for security woes
By Staff Reporter
ISLAMABAD: Pakistan’s military on Monday blamed sanctuaries and freedom of action for the banned Tehreek-i-Taliban Pakistan (TTP) in neighbouring Afghanistan as one of the main reasons for the country’s security challenges.
7th population census: Messed up or sabotaged?
The much-hyped digital census cost the exchequer a whopping PKR 34 billion – but the results it has produced are hard to reconcile with reality for most people. What is happening? By Muhammad Ali.
Pakistan criticises Afghanistan for violating Doha agreement, hosting TTP militants
By Staff Reporter
ISLAMABAD: Pakistan’s defense minister on Saturday sharply criticized Afghanistan for “neglecting its duties as a neighboring and fraternal country” and for violating key provisions of the peace deal signed with the Taliban in Doha last year, especially its pledge to prevent the use of Afghan territory for terrorist activities.
Petrol price down by Rs9, diesel by Rs7
By Staff Reporter
ISLAMABAD: The government reduced the prices of gasoline and diesel for the next two weeks, citing the appreciation of the local currency and lower international oil prices.
Pakistan army expresses ‘serious concerns’ over TTP sanctuaries in Afghanistan
By Staff Reporter
ISLAMABAD: Pakistan’s army said on Friday it had serious concerns about the presence and activities of the banned Tehreek-i-Taliban Pakistan (TTP) militant group in Afghanistan and it urged the interim Afghan government to prevent its soil from being used for terrorism against any country.
IMF bailout comes with a price: 20 percent increase in power tariff
By Staff Reporter
ISLAMABAD: Pakistan’s electricity regulator approved a 20 percent hike in the base power tariff for the fiscal year starting July 1, as the South Asian nation implements reforms agreed with the International Monetary Fund in the recently approved $3 billion loan program.
Pakistan gets $5.6 billion in new financing after IMF loan: Bloomberg
By Staff Reporter
ISLAMABAD: Pakistan secured $5.6 billion in additional financing from bilateral and multilateral partners after getting a $3 billion loan from the International Monetary Fund (IMF), the fund’s mission chief said on Friday.