By Staff Reporter
ISLAMABAD: Pakistan’s exports and imports both fell more than 12 percent in July, the first month of the new fiscal year, as the country faced a dollar crunch and a slowdown in imports of non essentials goods, official data showed on Tuesday.
By Staff Reporter
ISLAMABAD: The government on Tuesday raised the prices of petrol and diesel by almost 20 rupees per liter or 8 percent, the biggest increase in more than a year, citing a surge in global oil prices and pressure from the International Monetary Fund (IMF) to increase revenues.
By Staff Reporter
ISLAMABAD: The Islamic State (IS) group claimed responsibility on Monday for a suicide bombing that killed 54 people at a political rally in northwest Pakistan, saying it was part of its war against democracy.
By Staff Reporter
KARACHI: Pakistan’s central bank kept its policy rate unchanged at 22 percent on Monday, saying it expected inflation to ease in the coming months after securing a $3 billion bailout from the International Monetary Fund (IMF).
By Staff Reporter
ISLAMABAD: Pakistan and China signed six agreements and memorandums of understanding on Monday to enhance bilateral cooperation in various fields, including trade, investment, infrastructure, and industrial development, Prime Minister Shehbaz Sharif said.
By Staff Reporter
ISLAMABAD: Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest oil and gas explorer, said on Monday it had increased its oil and gas production from four wells in Sindh province using cutting-edge technologies.
By Staff Reporter
ISLAMABAD: Prime Minister Shehbaz Sharif on Sunday dismissed speculation that his finance minister would become the caretaker leader ahead of general elections, saying a neutral person would be chosen to ensure a fair vote.
By Staff Reporter
ISLAMABAD: At least 44 people were killed and over 100 injured when a suicide bomber set off explosives at a gathering of a right-wing political party in Pakistan’s northwestern Khyber Pakhtunkhwa province on Sunday, officials said.
By Staff Reporter
ISLAMABAD: A powerful explosion ripped through a gathering of right-wing political party in northwestern Pakistan on Sunday, killing at least 40 people and injuring more than 150, officials said.
By Staff Reporter
ISLAMABAD: China’s vice premier, He Lifeng, will arrive in Pakistan on Sunday for a three-day visit to mark the 10th anniversary of a major economic and strategic partnership between the two countries, the Pakistani foreign office said on Saturday.
