By Staff Reporter
ISLAMABAD: Pakistan’s iCube Qamar satellite will orbit the moon as part of China’s Chang’e-6 lunar mission, marking a historic first for the South Asian nation, Prime Minister Shehbaz Sharif said on Friday.
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Free expression has limits, says army chief
By Staff Reporter
ISLAMABAD: Army Chief General Asim Munir on Thursday asserted that the military is “well aware” of its constitutional limits and expects others to uphold the Constitution, amid allegations of the powerful military’s interference in politics and the judiciary.
Ten firms bid for troubled PIA’s majority stake
By Staff Reporter
ISLAMABAD: Pakistan International Airlines Corp. has attracted ten bidders, including tycoon Arif Habib and Gerry’s Group, for a majority stake in the state-owned carrier, according to people familiar with the matter.
Inflation slows to lowest in nearly two years
By Staff Reporter
ISLAMABAD: The inflation rate slowed for the fourth straight month in April, easing to 17.34 percent from a year ago, as record borrowing costs curbed economic growth and domestic demand, data from the statistics office showed on Thursday.
Pakistan to launch first lunar mission ICUBE-Q on Friday
By Staff Reporter
ISLAMABAD: Pakistan is set to make its mark on the lunar landscape with the launch of its first-ever lunar mission, ICUBE-Q, on Friday, state-run APP reported.
Top court debates intelligence agency interference in judicial affairs
By Staff Reporter
ISLAMABAD: The Supreme Court of Pakistan on Tuesday debated a sensitive issue of intelligence agency interference in judicial affairs, with the country’s top judge calling for legislation to rein in spy agencies and two other senior judges advocating for judicial intervention to prevent future intrusions.
Inflation to hover around 18.5-19.5pc in April, ease further in May: Ministry
By Staff Reporter
ISLAMABAD: The economy is showing signs of recovery as the finance ministry on Tuesday forecast a drop in inflation to 17.5 percent in May, following a series of strict administrative measures aimed at stabilizing the prices.
Petrol price cut by Rs5.45, diesel drops by Rs8.42/liter
By Staff Reporter
ISLAMABAD: The government has slashed petroleum product prices by up to 2.97 percent for the first half of May, capitalizing on a fall in global oil premium rates, officials said on Tuesday.
FBR to cut mobile phone access for 500,000 tax evaders
By Staff Reporter
ISLAMABAD: Pakistan will block mobile phone connections of over 500,000 individuals who failed to file their income tax returns for Tax Year 2023, the country’s tax authority said on Tuesday.
SBP receives final tranche of $1.1 billion IMF loan
By Staff Reporter
KARACHI: The central bank said on Tuesday that it has received the final tranche of a $1.1 billion loan from the International Monetary Fund (IMF), concluding a critical $3 billion loan program that has helped Pakistan avert a sovereign default.