By Staff Reporter
KARACHI: Pakistan’s central bank has lowered its key policy rate by 200 basis points to 17.5%, the third consecutive reduction since June, as inflation cools and growth prospects brighten.
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Imran Khan’s PTI party gets nod for Sept 8 rally in Islamabad after twice being denied
By Staff Reporter
ISLAMABAD: Former Prime Minister Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) party has finally obtained permission for a Sept. 8 rally in capital Islamabad, after authorities twice revoked earlier approvals.
SHC suspends KU’s decision to revoke judge’s law degree
By Staff Reporter
KARACHI: The Sindh High Court (SHC) on Thursday overturned Karachi University’s decision to revoke the law degree of Islamabad High Court Judge Tariq Mehmood Jahangiri, ruling that the university had violated his right to a fair trial.
Army says court-martial proceedings against ex-spy chief based on concrete evidence
By Staff Reporter
RAWALPINDI: The Pakistan Army has initiated court-martial proceedings against former spymaster Lieutenant General (Retd) Faiz Hameed after a detailed inquiry found concrete evidence of multiple violations of the Army Act, the military’s spokesperson said on Thursday.
Veteran Baloch leader Mengal quits parliament, says people’s voices silenced
By Staff Reporter
ISLAMABAD: Veteran politician Sardar Akhtar Mengal, leader of the Balochistan National Party (BNP), resigned from the National Assembly on Tuesday, saying his province has been consistently marginalized and ignored.
Bangladesh complete historic whitewash in Pakistan
By Staff Reporter
RAWALPINDI: Bangladesh wrapped up a landmark 2-0 Test series whitewash on Pakistani soil Tuesday, sealing a dominant six-wicket win in the second Test to cap a remarkable maiden series triumph over their hosts.
Pakistan sees IMF deal within reach as financing talks advance
By Staff Reporter
ISLAMABAD: The government is in advanced talks to secure external financing assurances, a crucial step towards finalizing a $7 billion loan from the International Monetary Fund (IMF), said Finance Minister Muhammad Aurangzeb on Tuesday.
Military pledges to protect gains against terror
By Staff Reporter
ISLAMABAD: Pakistan’s military top brass pledged on Tuesday to safeguard hard-won successes against terrorism, following a surge in attacks in Balochistan that killed at least 50 people, including 14 security personnel, in a region vital to China’s Belt and Road Initiative.
Senate tables bill to increase Supreme Court judges to 20
By Staff Reporter
ISLAMABAD: The Senate introduced a bill on Monday to increase the number of Supreme Court judges to 20, excluding the chief justice, to tackle the growing backlog of cases.
Single-digit inflation returns after almost 3 years, August rate drops to 9.6pc
By Staff Reporter
ISLAMABAD: Consumer price inflation rose 9.6 percent in August from a year earlier, the slowest pace in 34 months, as the central bank prepares to cut interest rates for the third time this year.