By Staff Reporter
ISLAMABAD: Pakistan confirmed its fourth case of mpox on Sunday, after a 47-year-old resident of Peshawar tested positive upon his return from the Gulf region.
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Petrol, diesel prices fall on third straight cut
By Staff Reporter
ISLAMABAD: The government on Saturday reduced petrol and diesel prices by 1.2 percent and 1.3 percent respectively, or Rs1.86 and Rs3.23 per litre, effective September 1, marking the third consecutive decrease since July 30.
Ruling PML-N divided on engaging with rival PTI
By Staff Reporter
ISLAMABAD: Former prime minister Nawaz Sharif has proposed an all-inclusive dialogue involving political parties, including the rival Pakistan Tehreek-e-Insaf (PTI), and state institutions to tackle the country’s deepening political and economic crises, but his call for cooperation faces opposition from within his ruling Pakistan Muslim League-Nawaz party over engaging with the jailed opposition leader Imran Khan.
Abducted army officer, kin released unconditionally in northwest Pakistan
By Staff Reporter
ISLAMABAD: A senior army officer and three relatives kidnapped in the country’s lawless northwest were freed on Saturday, the military said, without specifying who was behind the abduction or how the release was secured.
Cyclone Asna weakens, veers away from Sindh coast
By Staff Reporter
KARACHI: A rare monsoon cyclone, Asna, has weakened in the Arabian Sea and moved away westward from Sindh’s coastal belt, easing the threat of landfall, the Met office said on Saturday.
August inflation seen at 9.5 percent-10.5 percent
By Staff Reporter
ISLAMABAD: The consumer price inflation is poised to decline to 9.5 percent-10.5 percent in August, down from 11.1 percent in July, as the country’s economic indicators stabilize, the Finance Division said in its monthly economic update.
Sindh braces for rare cyclone as storm intensifies over Arabian Sea
By Staff Reporter
KARACHI: A powerful cyclone, Asna, intensified over the northeast Arabian Sea, bearing down on coastal areas with heavy rains and strong winds expected to hit the southern province of Sindh by early Saturday, the meteorological office said.
Elite land grab imperils economic growth: economist
By Staff Reporter
ISLAMABAD: Pakistan’s powerful elite, including military and bureaucracy, are exploiting a corrupt system of land ownership, damaging the economy and distorting investment incentives, a prominent economist said on Thursday.
TTP militants release videos of kidnapped army officer, brothers
By Staff Reporter
Islamabad: Tehreek-i-Taliban Pakistan (TTP) militants have released videos of two men, including a senior army officer, who were kidnapped from a mosque in Dera Ismail Khan, urging the government to secure their safe release, local media reported on Friday.
ECC tweaks remittance incentive schemes to boost reserves
By Staff Reporter
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet approved revisions to two schemes on Thursday, aimed at incentivizing banks and exchange companies to increase remittance inflows and boost the country’s foreign exchange reserves.