ISLAMABAD: Security forces killed six Baloch militants and thwarted three coordinated terror attacks in Mach, a town in southwestern Balochistan province, on Monday night, officials said.
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Debt costs wipe out Pakistan’s revenue, widen deficit in first half
By Staff Reporter
ISLAMABAD: Pakistan’s debt servicing bill soared by 64 percent to Rs4.219 trillion in the first half of the current fiscal year, wiping out the net revenue receipts of the federal government and forcing it to borrow more to finance its spending, official data showed.
Top court defends journalists’ right to criticize verdicts
By Staff Reporter
ISLAMABAD: The Supreme Court of Pakistan said on Monday that journalists should not face criminal charges for expressing their honest opinions on judicial verdicts if they do not engage in a smear campaign against the judges.
SBP holds rate at 22pc as inflation stays high, sees easing from March
By Staff Reporter
KARACHI: The central bank kept its key interest rate unchanged for a fifth straight meeting on Monday, as it expects inflation to ease from March after staying elevated for months.
Iran, Pakistan form joint committee to ease border tensions
By Staff Reporter
ISLAMABAD: Iran and Pakistan agreed on Monday to form a high-level advisory committee to review their bilateral cooperation and challenges, as they sought to ease tensions after exchanging airstrikes along their shared border earlier this month.
Police tear gas, detain dozens of PTI rally-goers in Karachi
By Staff Reporter
KARACHI: Police used tear gas and batons to disperse supporters of the Pakistan Tehreek-e-Insaf (PTI) party who tried to hold an election rally in a restricted area of Karachi on Sunday, injuring several people and arresting 25, officials and witnesses said.
OGRA denies plan to hike gas prices by 41pc
By Staff Reporter
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) said it hasn’t recommended any increase in gas tariffs for the current fiscal year, refuting media reports that a 41 percent hike was in the works.
EC runs mock exercise of new election system, challenges remain
By Staff Reporter
ISLAMABAD: The election commission said on Saturday that it had successfully conducted a nationwide trial of a new electronic system for compiling and tabulating election results, despite some concerns over its reliability and security.
Nine Pakistanis killed in Iran amid cross-border tensions
By Staff Reporter
ISLAMABAD: Unidentified gunmen killed nine Pakistani nationals and wounded three others in southeastern Iran on Saturday, in a brutal attack that drew condemnation from both countries and raised fears of further violence along their volatile border.
Sharif’s party promises cheap power, peace with India in election manifesto
By Staff Reporter
ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N), led by former prime minister Nawaz Sharif, unveiled its election manifesto on Saturday, promising to revive the economy, end the power crisis, ease inflation and restore peace with neighbouring countries if it wins the February 8 polls.