By Staff Reporter
ISLAMABAD: The provincial Punjab government has banned public gatherings of more than four people for a week from Wednesday, hours before former Prime Minister Imran Khan’s party was scheduled to organise an election rally in the eastern city of Lahore.
By Staff Reporter
ISLAMABAD: The Islamabad High Court (IHC) on Tuesday suspended the non-bailable arrest warrant against former Prime Minister Imran Khan and asked to appear before a lower court hearing on March 13 in the Toshakhana case.
By Staff Reporter
ISLAMABAD: A court on Monday rejected former Prime Minister Imran Khan’s petition to cancel non-bailable arrest warrant against him in the Toshakhana case a day after the ex-premier evaded arrest following a police raid on his residence in the eastern city of Lahore.
By Staff Reporter
LAHORE: Islamabad police on Sunday reached Lahore residence of ousted prime minister Imran Khan to arrest him in charges of misusing his office to sell state gifts, but returned after assurance from his legal team that he will appear before the court on March 7.
Punjab elections on April 30
By Staff Reporter
ISLAMABAD: President Arif Alvi on Friday announced April 30 as the date for holding elections for provincial Punjab assembly after the Election Commission of Pakistan (ECP) suggested possible poll dates between April 30 and May 7.
By Staff Reporter
ISLAMABAD: Pakistan will get another $1.3 billion from all-weather ally China to shore up its fast-depleting forex reserves, Finance Minister Ishaq Dar said on Friday, days after the country received $700 million from Beijing.
By Staff Reporter
KARACHI The State Bank of Pakistan (SBP) on Thursday raised its benchmark interest rate by 300 basis points to 25-year high of 20 percent to tame runaway inflation and also to win back a stalled $1.2 billion loan tranche from the International Monetary Fund.
By Staff Reporter
KARACHI: The rupee plunged over eight percent against the dollar on Thursday, posting a new all-time low of Rs290.18, after the central bank apparently allowed a freefall in the currency to adjust its real market value – a precondition to unlock a vital bailout from the International Monetary Fund (IMF).
By Monitoring Desk
Bondholders are bracing for a potential default by Pakistan as the beleaguered nation faces billions of dollars in debt repayments that it will struggle to make good on without a bailout from the IMF or rollovers from bilateral creditors.
By Staff Reporter
KARACHI: Inflation in February hit the highest in 50 years on runaway food, beverage and transportation prices, official data showed on Wednesday, highlighting the challenge for the central bank as the country reels under its worst financial crisis in over 75 years of history.
