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.
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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.
India blocks Pakistani YouTube channels to step up Kashmir rhetoric
ISLAMABAD: India banned more than a dozen Pakistani YouTube channels on Monday, accusing them of spreading “provocative” content, following a deadly attack on tourists in the disputed Himalayan region of Kashmir last week.
Military neutralises 17 militants in North Waziristan anti-terror raid
ISLAMABAD: The security forces have killed 17 militants in a targeted operation in the restive North Waziristan district near the Afghanistan border, the military said on Monday, marking the latest escalation in a three-day counter-terrorism offensive that has left 71 terrorists dead.
China calls for dialogue between Pakistan, India to resolve Kashmir crisis
ISLAMABAD: China on Monday called for restraint between India and Pakistan on Monday after a deadly attack in occupied Kashmir escalated tensions between the arch-rivals, urging the nuclear-armed neighbors to resolve the crisis through dialogue.
Govt calls urgent CCI meeting to settle Indus canals dispute
KARACHI: The government will hold an urgent meeting of the Council of Common Interests (CCI) on Monday evening to address a contentious plan to build six new canals on the Indus River, a project that has sparked widespread protests in Sindh, a provincial minister said.
US pushes for ‘reasonable solution’ in Pakistan-India standoff
ISLAMABAD: The United States is pressing India and Pakistan to find a “responsible solution” to the crisis sparked by an attack in occupied Kashmir, which New Delhi blames on Islamabad, while Pakistan denies involvement and seeks an impartial probe.