KARACHI: Pakistan’s central bank left its benchmark interest rate unchanged at 11 percent on Monday, signaling a cautious stance as inflation edges higher and economic growth gathers pace.
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Foreign Minister Dar says Iran open to talks if Israel halts attacks
By Staff Reporter ISLAMABAD: Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar said on Monday that Iran is willing to resume negotiating if Israel
Pakistan says oil stocks can weather Middle East storm, but risks linger
ISLAMABAD: Pakistan currently holds sufficient petroleum reserves and faces no immediate threat of supply disruptions, the finance ministry said on Monday, even as escalating tensions between Israel and Iran inject fresh volatility into global oil markets.
Senate panel rejects FBR’s tax fraud arrest powers
ISLAMABAD: A Senate committee on Sunday shot down a Federal Board of Revenue (FBR) proposal that would have let tax officials arrest suspected fraudsters during investigations without court approval.
Pakistan closes Iran border in Balochistan as Israel-Iran clashes trap pilgrims
By Staff Reporter ISLAMABAD: Pakistan indefinitely sealed its border with Iran across Balochistan’s Turbat, Panjgur, and Gwadar districts Sunday, reacting to the spiraling Israel-Iran conflict
Pakistan raises fuel prices as Middle East conflict roils oil markets
ISLAMABAD: The government increased fuel prices sharply on late Sunday, with petrol climbing by Rs4.80 per liter and diesel by Rs7.95 per liter, effective immediately.
India’s bid to downgrade Pakistan at FATF fails, Islamabad retains reporting status
ISLAMABAD: India’s latest attempt to tarnish Pakistan’s financial reputation has fallen flat, as the global money laundering watchdog chose to keep Islamabad under a reporting mechanism rather than relegating it to a more punitive status, despite New Delhi’s concerted push, state broadcaster Radio Pakistan reported on Saturday.
Pakistan backs Iran as Israel conflict escalates, warns of regional fallout
ISLAMABAD: Prime Minister Shehbaz Sharif pledged solidarity with Iran on Saturday as Tehran traded missile strikes with Israel, intensifying a conflict that risks destabilising the Middle East.
Middle East tensions delay Pakistan UN visit, US tariffs talks
ISLAMABAD: Escalating conflict in the Middle East has forced the postponement of two significant Pakistani visits to the United States, disrupting diplomatic and economic plans, Dawn newspaper reported on Sunday.
Lawmakers push back on tax powers in Finance Bill 2025
ISLAMABAD: A parliamentary panel on Saturday pressed the government to abandon proposed provisions in the Finance Bill 2025 that would empower tax officials to arrest individuals and issue money laundering notices, cautioning that such authority risks misuse and could stifle businesses.