By Staff Reporter
ISLAMABAD: Pakistan has banned social media platform X on national security grounds after separatists and terrorists used it to promote anti-state activities, Information Minister Attaullah Tarar said on Friday.
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PIA sale delayed for third time, no new date set
By Staff Reporter
ISLAMABAD: The government plans to privatize the loss-making Pakistan International Airlines (PIA) have hit another snag, with the government delaying the sale for a third time, as it struggles to address concerns of potential bidders and meet IMF loan conditions.
PM Sharif slams Israel’s ‘systematic slaughter’ of Palestinians
By Staff Reporter
ISLAMABAD: Prime Minister Shehbaz Sharif on Friday called for immediate UN action to end bloodshed in Palestine and Kashmir, condemning Israel’s “systematic slaughter” of Palestinians and India’s human rights abuses.
Pakistan’s inflation to hold steady at 8-9pc through October
By Staff Reporter
ISLAMABAD: Pakistan’s inflation rate is poised to remain within a range of 8 percent to 9 percent in September and October, building on a recovery that’s gaining traction, the finance ministry said on Friday.
Pakistan gets $1.03 bln first tranche of IMF’s $7 bln bailout package
By Staff Reporter
KARACHI: Pakistan received $1.0269 billion on Friday, the first tranche of a $7 billion International Monetary Fund (IMF) bailout, after the lender’s Executive Board approved a 37-month Extended Fund Facility (EFF) to bolster the country’s fragile economy.
Sindh police killed blasphemy suspect in staged encounter: minister
By Staff Reporter
KARACHI: A medical doctor accused of blasphemy was killed in a staged police encounter, Sindh Home Minister Ziaul Hassan Lanjar said on Thursday, contradicting initial claims of a shootout.
ECP returns to Supreme Court over seats allocation dispute
By Staff Reporter
ISLAMABAD: The Election Commission of Pakistan has asked the Supreme Court for guidance on allocating reserved parliamentary seats, after a July court ruling awarding seats to the opposition Pakistan Tehreek-e-Insaf (PTI) party conflicted with a new law passed by the National Assembly.
Security forces kill eight militants in North Waziristan operation
By Staff Reporter
ISLAMABAD: The security forces killed eight militants in an intelligence-based operation in the northwestern part of the country, the military said on Thursday.
IMF sees ‘formidable’ ricks to Pakistan’s growth prospects
By Staff Reporter
KARACHI: Pakistan’s economy faces significant risks, with “formidable” vulnerabilities and structural challenges threatening growth, the International Monetary Fund (IMF) warned.
External financing plummets 78 percent in July-August amid economic crunch
By Staff Reporter
ISLAMABAD: Pakistan’s external financing dropped 78 percent to $714.74 million in the first two months of the fiscal year, down from $3.206 billion a year earlier, as the nation struggles to stabilize its economy.