Pakistan news
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Pakistan in financial emergency
Islamabad: The consistent depreciation of the Pakistani rupee is deepening the economic crisis in the country, said the Pakistan Business Forum (PBF). In a statement, PBF CEO Ahmad Jawad said: “Pakistan’s economy…
- Pakistan
Pak President cautions Imran not to attack new COAS, military
Islamabad: Former Pakistan Prime Minister Imran Khan was reportedly cautioned after the change of command in the army by President Arif Alvi to strictly direct his leaders and social media team not…
- Pakistan
Russia to provide fuel at discounted rates: Pak govt
Islamabad: Cash-strapped Pakistan on Monday said Russia has agreed to provide it with crude oil as well as petrol and diesel at discounted rates, as Islamabad battles to contain a current account…
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In 2 yrs, only 100 students enrolled in Imran’s dream Al-Qadir Institute
Islamabad: Former Pakistan Prime Minister Imran Khan’s dream university, Al-Qadir Institute, has only enrolled 100 students two years after its establishment, a media report said on Monday. The PTI Chairman’s varsity, established…
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Former Pakistan PM Imran Khan accuses Gen Bajwa of playing double game’ against his govt
Islamabad: Pakistan’s ousted prime minister Imran Khan has accused former army chief Gen (retd.) Qamar Javed Bajwa of playing “double game” against his government and said that he committed a “big mistake”…
- Pakistan
Six coal miners killed in gas explosion in Pakistan
Islamabad: At least six coal miners were killed after getting trapped due to a gas explosion inside a coal mine in Harnai district of Pakistan’s southwestern Balochistan province, officials told media. According…
- Pakistan
Saudi Arabia extends USD 3 billion deposit term to cash-strapped Pakistan
Islamabad: Pakistan’s central bank on Friday said that Saudi Arabia has extended its term for a USD 3 billion deposit to support the cash-strapped country’s fragile economy. Saudi Arabia, a close friend…
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Imran directs PTI leaders not to criticise new COAS, army
Islamabad: Former Pakistan Prime Minister Imran Khan has directed his PTI leaders and social media team to ensure that there is no criticism of the army and the new Chief of Army…
- Pakistan
Gen Munir’s surprise pick to lead Pak army’s media wing
Islamabad: Just two days after taking command, Pakistan’s Chief of Army Staff (COAS) General Asim Munir made his first major reshuffle, with a surprise pick from the corps of Electrical and Mechanical…
- Pakistan
State Bank of Pakistan’s forex reserves fall by $327mn
Islamabad: The State Bank of Pakistan (SBP) announced that its foreign exchange reserves have decreased by $327 million. During the week ending on November 25, the total foreign exchange reserves of the…
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Pak ruling party to bring no-trust motions against PTI govts in KP, Punjab
Islamabad: Ruling out early elections in Pakistan, former president and Pakistan Peoples Party (PPP) co-chairman Asif Ali Zardari said that the multi-party alliance of Pakistan Democratic Movement will table no-confidence motions in…
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10 terrorists killed in Pakistan military operation
Islamabad: At least 10 terrorists were killed in an intelligence-based military operation in Pakistan’s Balochistan province, the military said in a statement on Wednesday. The statement issued by the army’s media wing…
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Pakistani PM offers condolences over loss of lives in Indonesian quake
Islamabad: Pakistani Prime Minister Shehbaz Sharif has extended condolences to Indonesian President Joko Widodo over the loss of precious lives and assets in a deadly earthquake jolting Indonesia, according to a statement…
- Pakistan
Pakistan stocks crash after sudden interest rate hike to highest since 1999
Islamabad: The Pakistan Stock Exchange (PSX) crashed at the opening bell on Monday in reaction to the State Bank of Pakistan’s (SBP) unforeseen hike on November 25, while the market was closed,…
- Pakistan
Cash-starved Pakistan to repay USD 1bn early on Dec 2: SBP governor
Islamabad: Pakistan’s central bank chief said on Friday that the cash-strapped country would repay a USD 1 billion international bond on December 2, three days before its due date. Jameel Ahmad, Governor…