By Staff Reporter
KARACHI: Pakistan’s central bank awarded the nation’s first digital retail bank license to Easypaisa Bank Ltd., paving the way for the lender to offer commercial digital banking services.
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Govt talks with PTI stall after opposition skips meeting
By Staff Reporter
ISLAMABAD: The government talks with the opposition Pakistan Tahreek-e-Insaf party of former prime minister Imran Khan collapsed on Tuesday after the party boycotted a scheduled meeting over the government’s failure to establish a judicial commission to investigate recent violence.
Journalists rebel against new law regulating social media
By Staff Reporter
ISLAMABAD: Hundreds of journalists across Pakistan took to the streets on Tuesday to protest a proposed law that would regulate social media content, which they say is an attempt to curb press freedom and stifle dissent.
Senate passes contentious cybercrime law
By Staff Reporter
ISLAMABAD: The Senate on Tuesday approved a contentious cybercrime bill that has sparked widespread outrage among journalists and opposition parties, who fear the legislation will be used to stifle free speech and target government critics.
Windies spinner Warrican wrecks Pakistan with 9-wicket haul
By Staff Reporter
MULTAN: West Indies pulled off a stunning 120-run victory over Pakistan in the second Test in Multan on Monday, with Jomel Warrican’s 9-70 match haul helping to level the two-match series 1-1 and condemn Pakistan to their first home Test defeat in nearly two years.
Imran Khan challenges £190 million graft conviction
By Staff Reporter
ISLAMABAD: Former prime minister Imran Khan and his wife, Bushra Bibi, have appealed against their conviction in the £190 million Al-Qadir Trust case, arguing that the trial court’s verdict was a result of “political victimisation” and accusing the prosecution of failing to provide evidence.
Supreme Court drops contempt charge against senior official
By Staff Reporter
ISLAMABAD: The Pakistan Supreme Court on Monday withdrew a contempt notice against a senior court official, Nazar Abbas, who had been accused of failing to schedule a hearing in a case before a regular bench that has sparked intense debate about the court’s jurisdiction.
Pakistan to launch fresh bid to privatize debt-ridden PIA
By Staff Reporter
ISLAMABAD: Pakistan plans a fresh attempt to privatize its debt-ridden national airline, Pakistan International Airlines (PIA), Prime Minister Muhammad Shehbaz Sharif said on Monday, after a previous bid failed in October.
China denies criticizing Pakistan’s handling of $60 billion economic corridor projects
By Staff Reporter
ISLAMABAD: China’s embassy in Islamabad on Monday denied a report that a top Chinese official had criticized Pakistan’s handling of the $60 billion China-Pakistan Economic Corridor (CPEC), a flagship project of President Xi Jinping’s Belt and Road Initiative.
SBP slashes key rate to 12pc as inflation cools
By Staff Reporter
KARACHI: Pakistan’s central bank lowered its benchmark interest rate by 100 basis points to 12 percent on Monday, cutting borrowing costs for the sixth time since June 2024 as inflation slows.