By Naveed Naqvi
ISLAMABAD: Russia on Friday agreed to supply crude oil and oil products to Pakistan, with technical details of the deal to be finalized by March and Islamabad will pay for the imports in currencies of ‘friendly countries’, officials of both the countries said.
Central bank governor Jameel Ahmad said the country will see dollar inflows in the coming days after funding commitments from the Middle East.
By Staff Reporter
KARACHI: Pakistan’s current account (C/A) deficit narrowed sharply in the first half of the current fiscal year amid dollar shortages in the country to fund imports of goods, central bank data showed on Wednesday.
By Staff Reporter
KARACHI: Foreign direct investment in Pakistan plunged 59 percent in the first six months of fiscal 2022/23 as the country’s economic crisis bit into capital inflows, according to data released by the central bank on Wednesday.
By Naveed Naqvi
ISLAMABAD: The Election Commission of Pakistan (ECP) on Tuesday de-notified 35 lawmakers belonging to former prime minister Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) party after National Assembly’s speaker Raja Pervez Ashraf accepted their long-pending resignations.
By Staff Reporter
ISLAMABAD: The chief minister of Pakistan’s Khyber Pakhtunkhwa province on Tuesday sent a summary for the dissolution of the assembly to the provincial governor in a latest push to force the coalition government of Prime Minister Shehbaz Sharif to hold early general elections.
By Staff Reporter
ISLAMABAD: Prime Minister Shehbaz Sharif has made a conditional offer to India to open ‘serious and sincere talks’ on all outstanding issues between the two countries, including Kashmir.
By Staff Reporter
KARACHI: Ruling Pakistan People’s Party (PPP) won maximum number of seats in a local government poll for Karachi but fell short of a majority, results showed on Monday, so requiring a coalition partner to elect its major in the country’s commercial capital.
By Staff Reporter
ISLAMABAD: A top lawyer and a human right activist has been murdered in the bar room of Peshawar High Court by a junior colleague in northwestern Pakistan, police said on Monday.
By Staff Reporter
ISLAMABAD: Toronto-based Barrick Gold Corp, the world’s biggest gold producer, is targeting 2028 for first commercial production from the Reko Diq copper-gold mine in Pakistan’s Balochistan province.
