ISLAMABAD: The Judicial Commission of Pakistan elevated Justice Miangul Hassan Aurangzeb to a permanent position on the Supreme Court on Tuesday, marking the body’s first meeting since the adoption of a landmark constitutional amendment.
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Trade gap widens 33 percent in November on export drop
ISLAMABAD: Trade deficit widened sharply to $2.86 billion in November, jumping 33% from a year earlier, as exports tumbled and imports climbed, according to data released Tuesday by the Pakistan Bureau of Statistics.
Army raids kill seven militants in North Waziristan; govt administrator among four slain in nearby attack
ISLAMABAD: Security forces killed seven militants in two operations in the restive North Waziristan district of Khyber Pakhtunkhwa province, military officials said on Tuesday, amid a surge in violence that also claimed the lives of a senior government administrator and three others in a separate ambush nearby.
Imran Khan’s sister says ex-PM “perfectly fine” after rare prison visit
RAWALPINDI: Uzma Khanum, a sister of Pakistan’s imprisoned former prime minister Imran Khan, said on Tuesday that her brother was “perfectly fine” physically after a tightly supervised meeting with him in Adiala Jail, dispelling rumors that had swirled for weeks about his health and possible mistreatment.
PC board adds three SOEs to privatisation List, drops two in asset overhaul
ISLAMABAD: The Privatisation Commission board recommended adding three state-owned enterprises to its divestment program while removing two others, as the government pushes ahead with efforts to streamline public assets and bolster fiscal health.
Surge in private sector credit masks persistent investment drought
ISLAMABAD: Credit to the private sector has surged to a three-year high in the first five months of the current fiscal year, crossing Rs1 trillion for the first time in that period, according to data released by the State Bank of Pakistan.
Civilian deaths surge as militant violence edges up in Pakistan, report says
ISLAMABAD: Militant violence in Pakistan escalated slightly in November, with a sharp increase in civilian fatalities even as losses among security forces plummeted, according to a report released by a leading think tank on Monday.
FM Aurangzeb hails IMF report as catalyst for reforms, vows action on governance lapses
ISLAMABAD: Finance minister on Monday defended a long-awaited International Monetary Fund report on governance and corruption as a vital tool for institutional overhaul, dismissing opposition claims of deliberate delays and pledging to implement its recommendations amid broader efforts to digitise the economy and confront climate change.
Row over Achakzai’s remarks deepens tensions in National Assembly
ISLAMABAD: The speaker of Pakistan’s National Assembly sharply rebuked what he called anti-parliamentary statements by a prominent opposition figure on Monday, vowing to defend the institution against any threats and urging lawmakers to collectively discourage such rhetoric to preserve democratic traditions.
Floods to cut GDP growth by 0.5 percent, finance minister warns of eroding recovery
ISLAMABAD: Finance minister said this year’s climate-driven floods are expected to shave 0.5% off the country’s GDP growth forecast, warning that the economic cost of extreme weather is now eroding the nation’s recovery prospects.