They are not lawmakers anymore, so why are they still occupying parliamentary lodges? And so, we have a drive of evictions underway at the federal capital. By Naveed Naqvi.
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PM Sharif says IMF giving tough time on bailout loan
By Staff Reporter
ISLAMABAD: Minister Shehbaz Sharif said on Friday the International Monetary Fund is giving Pakistan a difficult time in negotiations amid negotiations with the International Monetary Fund as the country battles an unprecedented economic crisis.
Minister of State for Petroleum Dr Musadik Malik. Photo courtesy of APP.
Musadik Malik: Russian oil on tap in April
Islamabad is looking to source 20 percent of its oil imports from Russia, said the Minister of State for Petroleum in a written reply submitted in Senate. By Naveed Naqvi.
Forex reserves sink to 18 days worth of import cover
By Staff Reporter
KARACHI: Foreign exchange reserves have fallen to $3.09 billion, its lowest levels since February 2014, after paying off some of the country’s external debt, the central bank said on Thursday.
Former interior minister Sheikh Rashid Ahmed arrested
By Naveed Naqvi
ISLAMABAD: Sheikh Rashid Ahmed, former interior minister and a close ally of Imran Khan was arrested in the early hours of Thursday, officials said.
Soaring food prices push January inflation to 48-year high
By Staff Reporter
ISLAMABAD: A biggest jump in food prices pushed Pakistan’s inflation a 48-year high in January in a new blow for households grappling with a cost-of-living crisis in the cash-strapped country.
Court grants bail to Fawad Chaudhry in sedition case
By Staff Reporter
ISLAMABAD: A court on Wednesday granted bail to senior Pakistan Tehreek-e-Insaf (PTI) leader Fawad Chaudhry in a sedition case and ordered his release.
Fitch Solutions says rupee’s weakness ‘still has further to run’
By Staff Reporter
KARACHI: Fitch Solutions on Tuesday forecast that Pakistan’s currency would depreciate further, particularly with the country’s balance of payments position that is likely to remain weak for several more months.
Barrick Gold makes $3 million payment to Balochistan
By Staff Reporter
ISLAMABAD: Barrick Gold Corporation, developing the world’s largest site of copper and gold deposits in southwest Balochistan province said on Tuesday it had paid $3 million to the provincial government after agreeing to a timetable to disburse the committed funds to the province last month.
Islamabad court to indict former PM Khan in Toshakhana case on Feb 7
By Staff Reporter
ISLAMABAD: A local court on Tuesday said it will charge former prime minister Imran Khan in the Toshakhana case on February 7.