Even as a grocery store owner, Manmohan Singh, was killed in a firing by unknown armed motorcyclists in Yakatoot area of Peshawar on Saturday, incidents of targeted killings of minorities, including Hindus, Sikhs and Christians being tortured and assaulted in Pakistan, have surfaced.
Singh’s was the third attack on a...
The Indian Army is keeping a close watch on the developments along the Line of Control (LoC). A report has claimed that China is helping Pakistan develop defence infrastructure along the LoC. The report added that Chinese Sh-15 artillery system was spotted at the LoC, along with the foundation...
Over two thousand Pakistanis who were attempting to move to Italy illegally have been detained in Libyan jails.
Ihsan Ullah whose brother is arrested in a Libyan jail, said huge number of Pakistani nationals have tried to move to Italy illegally recently.
He said that his brother Aman Ullah has been...
KARACHI: The foreign exchange reserves held by the central bank fell by $514.4 million during the week ending on June 16, 2023, according to data released by the State Bank of Pakistan (SBP) on Thursday.
According to the stats issued by the SBP, the country’s foreign reserves dropped by $514...
ISLAMABAD: Pakistan PM Shehbaz Sharif met IMF MD Kristalina Georgieva in Paris on Thursday for release of halted funds ahead of the credit line’s expiry next week. The Paris pitch came amid claims back home that Shehbaz’s finance minister Ishaq Dar slapped a reporter who asked him questions on the stalled funds.
In Paris, on the...
ISLAMABAD: US-based financial news service, Bloomberg has warned Pakistan of an economic default if the country did not avail International Monetary Fund (IMF) deal.
According to a Bloomberg intelligence report, Pakistan’s economic crisis could further deepen if the country did not avail of the International Monetary Fund (IMF) program and...
LAHORE: The short-term Punjab budget for 2023-24 lacks basic information and some of the provisions made under various heads need clarification including the bloc allocation of Rs325 billion for development schemes and Rs70bn subsidy for the poor.
“The budget document lacks details about the allocations made for various sectors. The...
ISLAMABAD: Textile and clothing exports contracted by 14.72 per cent year-on-year to $15.03 billion during the first 11 months of the outgoing fiscal year.
The decline in production is mainly attributable to a surge in the cost of production and a liquidity crunch, according to data released by the Pakistan...
Cash-strapped Pakistan has received $1 billion from its close ally China to support its critically low foreign reserves amidst the uncertainty to revive a stalled International Monetary Fund loan.
The State Bank of Pakistan (SBP) on Friday night confirmed having received the amount from China without sharing any other details...
