ISLAMABAD: Pakistan accused India on Thursday of launching a brazen series of drone attacks, including a bizarre assault on its own territory in Amritsar, escalating tensions between the nuclear-armed neighbors to a dangerous new high.
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Pakistani stocks crash, Indian rupee hits new low on war risks
KARACHI: Stocks suffered its worst day on record on Thursday, as the market tumbled 6,482.21 points on Thursday, marking its largest single-day decline in terms of points, as escalating military tensions with India triggered a wave of selling that wiped nearly 5.89 percent off the benchmark KSE-100 Index, closing it at 103,526.81.
India deploys Israeli Harop drones against Pakistan; 25 downed
ISLAMABAD: Pakistan’s military said Thursday it had shot down 25 Israeli-made Harop drones launched by India at multiple locations across the country, but one drone managed to strike a military target near Lahore, injuring four army officers, while another crash killed a civilian in southern Sindh province.
Pakistan confirms security advisers’ contact after India’s strikes and retaliation
ISLAMABAD: The national security advisers of Pakistan and India held talks following India’s missile strikes on Pakistan and Pakistan’s subsequent military response, Deputy Prime Minister Ishaq Dar said Wednesday, marking a rare official communication between the nuclear-armed neighbors amid escalating tensions over disputed Kashmir.
Top court reinstates military trials for civilians
ISLAMABAD: The Supreme Court of Pakistan on Wednesday restored the military’s authority to try civilians in military courts, overturning its own ruling from last year in a decision that has ignited fierce debate over judicial independence and civil rights.
Budget gap hits 2.4pc of GDP
KARACHI: The budget deficit swelled to 2.4 percent of gross domestic product in the first nine months of the fiscal year 2024-25, as hefty interest payments overshadowed a primary surplus, data from the Finance Division showed.
PM Sharif warns India will ‘pay the price’ as death toll rises to 31
ISLAMABAD: Prime Minister Shehbaz Sharif warned India on Wednesday that it would face consequences for missile strikes that killed 31 civilians inside Pakistan overnight, escalating tensions between the nuclear-armed rivals to their highest level in decades.
Stocks plunge 6pc after Pakistan-India clash, then recover
KARACHI: Stocks cratered as much as 6 percent at the opening bell after India launched strikes on Pakistan and Azad Kashmir, only to rebound as investors bet against a wider conflict.
Pakistan authorises retaliatory military strikes on India after civilian deaths in ‘act of war’
ISLAMABAD: Prime Minister Shehbaz Sharif authorised retaliatory military strikes against India on Wednesday, hours after an unprovoked cross-border assault killed at least 31 civilians in overnight airstrikes — a dramatic escalation that marks the most severe military confrontation between the nuclear-armed neighbors in over two decades.
PSL plays on in Rawalpindi, defies military escalation with India
Pakistan’s top cricket league, the HBL Pakistan Super League (PSL), is pushing forward despite a sharp escalation in military tensions with India, marked by missile strikes and downed fighter jets, with a high-stakes match set for tonight in Rawalpindi.