By Staff Reporter
KARACHI: Pakistan’s economy is poised to rebound from a contraction in the current fiscal year and expand 2.1 percent in 2024, aided by easing supply bottlenecks, lower interest rates, and continued support from the International Monetary Fund, according to a Bloomberg economist.
By Staff Reporter
ISLAMABAD: Global media watchdog Reporters Without Borders (RSF) on Wednesday called for an independent international probe into the murder of Pakistani journalist Arshad Sharif in Kenya last year, after it said U.N. experts criticised the lack of cooperation and investigation by both countries.
By Staff Reporter
KARACHI: A fire swept through a multi-storey building in central Karachi on Wednesday, killing three people and injuring at least one, officials said, in the second such incident in the city in less than a week.
By Staff Reporter
ISLAMABAD: The power regulator on Tuesday increased electricity tariffs by 39 percent for October 2023 to recover Rs32 billion from consumers under a monthly fuel adjustment mechanism.
By Staff Reporter
KARACHI: The Asian Development Bank (ADB) has approved three projects worth $658.8 million to help Pakistan achieve its goal of more inclusive and sustainable growth and development, the bank said on Wednesday.
By Staff Reporter
ISLAMABAD: A founding member of former prime minister Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) has filed a complaint with the country’s election commission, accusing the party of holding “rigged and fraudulent” intra-party elections.
By Staff Reporter
ISLAMABAD: The finance ministry said it released Rs17.4 billion to the country’s election commission, removing a hurdle for the national vote scheduled for Feb. 8 amid security challenges.
By Staff Reporter
ISLAMABAD: The Election Commission of Pakistan, the body responsible for overseeing the country’s upcoming general elections, has asked the government on Tuesday to deploy the army and civil armed forces outside polling stations to ensure security and to release Rs17 billion in funds urgently needed for the conduct of the February polls.
By Staff Reporter
ISLAMABAD: Pakistan’s electricity regulator has accused the country’s power distribution companies of overcharging customers by as much as 100 percent, in a report that exposed widespread malpractices and over-billing in the power sector.
By Staff Reporter
ISLAMABAD: Former prime minister Imran Khan, who faces charges of leaking state secrets, asked a special court on Monday to summon the US embassy representative and a retired army general as witnesses in his defense.
