ISLAMABAD: Pakistan’s government will hold natural gas prices steady for the next six months, delivering a reprieve to households and industries battered by soaring energy costs, even as the sector’s circular debt balloons to more than Rs3 trillion.
Top Stories
India paid Trump-linked lobbyists to reach US officials during ceasefire talks with Pakistan – report
ISLAMABAD: In the fraught period after an attack in occupied Kashmir last spring, India’s embassy in the United States turned to a well-connected Republican lobbying firm with close ties to the White House to help manage diplomatic relations, trade talks and a mounting confrontation with Pakistan, Indian newspaper The Hindu reported on Tuesday.
UBL overtakes OGDC as Pakistan’s most valuable listed firm at $4.6 billion
KARACHI: United Bank Ltd. has vaulted to the top spot among Pakistan’s listed companies, with its market capitalisation swelling to Rs1.28 trillion ($4.6 billion) on Tuesday, eclipsing longtime leader Oil & Gas Development Co.
Pakistan and Bangladesh air chiefs hold talks on defence ties and possible JF-17 sale
ISLAMABAD: The air force chiefs of Pakistan and Bangladesh met on Tuesday to discuss deepening military cooperation, including the potential sale of Pakistan’s JF-17 Thunder fighter jets, amid shifting regional alliances and Dhaka’s fraying relations with India.
Military says Taliban rule and Indian support fueled cross-border attacks
RAWALPINDI: Pakistan’s military on Tuesday delivered a blistering indictment of the Afghan Taliban government, accusing it of turning Afghanistan into a breeding ground for terrorists who carried out thousands of attacks inside Pakistan last year, many with alleged financial and logistical support from India.
Pakistan’s 27th constitutional amendment is a ‘sustained attack’ on judicial independence, Amnesty says
ISLAMABAD: Amnesty International on Tuesday denounced Pakistan’s newly enacted 27th Constitutional Amendment as the culmination of a prolonged campaign to undermine the judiciary’s autonomy, the right to a fair trial and the broader rule of law, urging an immediate review to align it with international human rights standards.
FIA files corruption charges against brother of former spy chief in land fraud case – report
ISLAMABAD: Pakistani authorities have filed criminal charges against the brother of a former director general of the country’s powerful Inter-Services Intelligence agency, accusing him and two associates of orchestrating a land scam that deprived a citizen of his rightful property through forged documents and manipulated records, local media reported on Monday.
Pakistan’s central govt debt falls in July–Nov as currency gains offset domestic rise
ISLAMABAD: Pakistan’s central government debt declined in the first five months of the fiscal year as a stronger rupee and debt repayments helped ease the burden of foreign borrowings, even as domestic obligations ticked higher amid controlled spending.
Pakistan’s services exports surge 17 percent on tech boom, outpacing goods shipments
ISLAMABAD: Pakistan’s exports of services jumped 16.77% in the first five months of the fiscal year, propelled by a sharp rise in information technology shipments that helped the sector buck the uneven performance seen in commodity sales.
PTI pushes for swift appointment of Achakzai as opposition leader after legal hurdles cleared
ISLAMABAD: Pakistan Tehreek-e-Insaf, the opposition party founded by the imprisoned former prime minister Imran Khan, pressed anew on Monday for the appointment of Mahmood Khan Achakzai as leader of the opposition in the National Assembly, asserting that all legal hurdles had been cleared after months of delays tied to court cases and disqualifications.