ISLAMABAD: An antitrust regulator fined eight poultry hatcheries a combined Rs155 million for illegally colluding to fix prices of day-old chicks, a scheme it said worsened food inflation and exploited consumers amid economic strain.
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US intensifies diplomacy to defuse India-Pakistan standoff over Kashmir attack
ISLAMABAD: The United States is intensifying diplomatic efforts to calm tensions between India and Pakistan following a deadly attack in occupied Kashmir, with Secretary of State Marco Rubio poised to speak with the foreign ministers of both nations, the State Department said on Tuesday.
Pakistan warns of Indian military strike within 36 hours
ISLAMABAD: Pakistan warned on Tuesday that India was set to launch military action within 36 hours over a disputed Kashmir attack.
Military shoots down Indian intruder quadcopter for LoC breach
By Staff Reporter ISLAMABAD: Pakistan’s military downed an Indian quadcopter that breached its airspace along the Line of Control (LoC) in disputed Kashmir region on
WB commits $108 million to boost KP infrastructure, tourism
ISLAMABAD: The World Bank on Tuesday approved $108 million in additional funding for two projects in Khyber Pakhtunkhwa province, aiming to enhance rural connectivity and supercharge tourism.
IMF board to weigh Pakistan’s $1 billion tranche, $1.3 billion climate loan on May 9
KARACHI: The International Monetary Fund’s Executive Board will meet on May 9 to review Pakistan’s $7 billion bailout and consider a $1.3 billion climate resilience loan, the lender’s website showed on Tuesday.
Pakistan flags ‘crucial’ days, warns of Indian military incursion
ISLAMABAD: Defence Minister Khawaja Asif said on Monday the next few days were ‘crucial’ with risks of an Indian military incursion, as a deadly attack in occupied Kashmir that killed 26 people heightened tensions between the nuclear-armed neighbours.
CCI endorses govt move to shelve Indus canal project
ISLAMABAD: The Council of Common Interests (CCI) on Monday endorsed the government’s earlier decision to shelve a $2 billion Indus River canal project, following protests in Sindh province and pressure from a key coalition ally.
Powerful blast kills seven at peace committee offices in KP
ISLAMABAD: A powerful explosion targeted the offices of a government-backed peace committee in the northwestern Khyber Pakhtunkhwa province on Monday, killing seven people and injuring at least 16, local police said.
SBP says economy gains ground with policy overhaul
KARACHI: Pakistan’s economy showed marked improvement in the first half of fiscal year 2025, with inflation dropping to its lowest level in decades and the current account balance swinging into a surplus, the central bank said on Monday.