KARACHI: The inflation is set to bottom out in April 2025, potentially dipping into deflationary territory, as a sharp decline in food and electricity prices drives the Consumer Price Index (CPI) to unprecedented lows, a brokerage report said in Monday.
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Finance Minister heads to Washington for IMF, World Bank meetings
By Staff Reporter
KARACHI: Finance Minister Muhammad Aurangzeb left for Washington on Saturday to attend the World Bank and International Monetary Fund (IMF) Spring Meetings, aiming to secure further financial support and reassure investors as the country implements reforms under a $7 billion IMF bailout program.
Pakistan, Afghanistan agree to curb cross-border militancy in rare high-level talks
By Staff Reporter ISLAMABAD: Pakistan and Afghanistan pledged on Saturday to prevent militant groups from using their territories for cross-border attacks, marking a potential breakthrough
NDMA issues weather alert for Punjab
By Staff Reporter
LAHORE/ISLAMABAD: The disaster management authorities warned of severe thunderstorms, hailstorms, and potential flooding in Punjab province and Islamabad from Saturday, while the Punjab government approved climate resilience projects for the drought-prone Cholistan region ahead of Eidul Azha festivities and a mounting heatwave in the south.
Mob kills Ahmadi man in Karachi
By Staff Reporter
KARACHI: A member of the persecuted Ahmadi community was killed by a mob in Karachi on Friday after supporters of the hardline religious party Tehreek-e-Labbaik Pakistan (TLP) stormed a worship hall to disrupt religious rituals, police said, prompting condemnation from rights groups and vows of a state-led investigation.
Pakistan rejects extension for Afghan relocation deadline, warns against aid to migrants”
By Staff Reporter
ISLAMABAD: Pakistan will not extend an April 30 deadline for Afghans awaiting relocation to third countries to leave, Minister of State for Interior Tallal Chaudhry said on Friday, warning of strict action against citizens found aiding undocumented migrants.
Dar heads to Kabul for security talks amid militant attack row
By Staff Reporter
ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar will travel to Kabul on Saturday for talks dominated by security concerns and efforts to reset relations after months of strain, officials said, as Islamabad presses Afghanistan’s Taliban administration to curb cross-border militant attacks it blames for surging violence.
PPP threatens to exit coalition over Indus canal dispute, warns of unity risk
By Staff Reporter
HYDERABAD: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto-Zardari on Friday threatened to withdraw his party’s support from Prime Minister Shehbaz Sharif’s ruling coalition if the government proceeds with contentious plans to build new canals on the Indus River, escalating a feud that risks fracturing an already fragile alliance and deepening provincial discord.
Transferred judges decline legal defense in Supreme Court challenge
By Staff Reporter
ISLAMABAD – Three judges transferred to the Islamabad High Court (IHC) have opted not to fight a Supreme Court challenge to their relocation, the Attorney General said on Thursday, leaving their status in the hands of a Constitutional Bench.
FDI rises 14pc on Chinese flows; textile, tech exports gain
By Staff Reporter
KARACHI: Pakistan attracted $1.64 billion in foreign direct investment during the first nine months of its fiscal year through March, a 14 percent increase from the same period a year earlier, as Chinese inflows doubled and textile and technology exports surged.