ISLAMABAD: Cash-strapped Pakistan has urged its countrymen to cut down the consumption of tea to help reduce the import bill eating into the country’s depleting foreign exchange reserves.
The appeal from federal minister for planning Ahsan Iqbal came after it emerged that Pakistan consumed tea worth Rs 83.8 billion ($400m)...
Colombo: Prime Minister Ranil Wickremesighe on Tuesday said that a new Credit Line provided by India will support the cash-strapped island nation's fuel purchase for another four months from July even as an LPG shipment of 3,500 MT reached Sri Lanka. The gas from this shipment will be delivered...
London: The Free Balochistan Movement (FBM) in a statement to the media condemned the violent attack of Pakistan forces on the peaceful vigil of the families of forcibly disappeared persons and other peaceful protesters in Karachi.
The FBM has urged the international community to take notice of the violence of...
Islamabad: Human Rights Commission of Pakistan has condemned Prime Minister Shehbaz Sharif’s decision as the premier issued orders tasking the Inter-Services Intelligence (ISI) with the screening of civil servants before their induction, appointments and postings, as well as promotions in a recent decree putting a period to civilian freedom.“Role...
Unidentified armed men kidnapped four employees of a private coal company from Quetta’s Hanna Urak area on Tuesday.
According to police, the kidnapped employees have been shifted to an unknown location. The four abductees are the employees of Habibullah coal company. Two engineers are also among the kidnapped employees.
Police reached...
Finance Minister Miftah Ismail on Wednesday announced that the federal government has decided to raise the price of petrol by another Rs24 per litre — the third such raise within the last 20 days.
The new prices will come into effect at midnight tonight, the minister said while addressing a...
Srinagar: After Jammu and Kashmir's transition into a Union Territory, the Centre has ensured that youth remain a focal point. Various schemes have turned them into successful entrepreneurs and they have become brand ambassadors of 'Naya J&K'.
J&K's generation-next has understood that guns, grenades and stones won't take them anywhere except...
Islamabad: Amid the political instability and debt payments for power plants coming up under the China-Pakistan Economic Corridor (CPEC), IMF’s threat to delay the release of the USD 3 billion bailouts from six billion has pushed the Islamabad into an economic crisis.
Earlier, on June 12, Pakistan Finance Minister Miftah...
Financial Action Task Force (FATF), a global watchdog tasked with combatting money laundering and terrorist financing, is all set for its strategic review of Pakistan and decide whether the country will retain its place in the "Grey List" or exit.
FATF meeting is scheduled to be held in Berlin from...
People in Pakistan have been asked to reduce the amount of tea they drink to keep the country's economy afloat.
Sipping fewer cups a day would cut Pakistan's high import bills, senior minister Ahsan Iqbal said.
The country's low foreign currency reserves - currently enough for fewer than two months of...