The IMF has approved an immediate disbursal of USD 1.1 billion to Pakistan as part of a bailout package. | Photo Credit: REUTERS The International Monetary Fund has approved an immediate disbursal of USD 1.1 billion to Pakistan as part of a bailout package and said the country needs to take tough measures to bring … Read more
The week ending April 25 witnessed a significant surge in short-term inflation, as measured by the Sensitive Price Index (SPI), leading to an unprecedented rise in gas prices and essential food items. The increase amounted to nearly 27 per cent on an annual basis, reported Dawn, citing the Pakistan Bureau of Statistics on Friday, Dawn … Read more
The government employees of major institutions staged protests at Karachi Port on Friday, which caused a backlog in import and export traffic since containers were left at the port, with no clearance in place, according to ARY News. The strike, as per details, was conducted by Pakistan Standard and Quality Control officers and employees at … Read more
Global airlines flying to both the neighbouring countries — Pakistan and Bangladesh — are facing serious problems. They are unable to repatriate revenue of nearly $720 million ($399 million in Pakistan and $323 million in Bangladesh) as the governments have not released it, says the International Air Transport Association (IATA), which represents some 320 airlines … Read more
Last Updated: April 25, 2024, 19:05 IST The 17-year-old assailant is now in jail. Daniyal Nazeer Mir, the son of former Senior Superintendent of Police (SSP), gunned down his friend Ali Keiro for eating his girlfriend’s burger. The act of sharing burgers is known to spread laughter and joy. But a burger became the reason … Read more
Last Updated: April 19, 2024, 19:56 IST The man tried to cover the woman’s head with his scarf. (Photo Credits: Twitter) The video, dropped on X (formerly Twitter) by a local news portal in Pakistan, has garnered thousands of views. A Pakistani YouTuber recently found herself targeted by moral policing from a man, who made … Read more
The Pakistan Interior Ministry on Wednesday told the Islamabad High Court (IHC) that the disruption of social media platform ‘X’ in the country is to address the concerns of its misuse, Dawn reported. Representing the ministry, Interior Secretary Khurram Agha submitted a report on the IHC’s orders on journalist Ehtisham Abbasi’s petition challenging the ban. … Read more
Lt. Gen. Jeffrey Kruse, Director of the Defense Intelligence Agency. File | Photo Credit: AP Pakistan sustained its nuclear modernisation efforts last year despite its economic turmoil as its contentious relationship with India continues to drive its defence policy, the top U.S. intelligence official told Congress. The remarks by Lt. Gen. Jeffrey Kruse, Director of … Read more
Seema and Sachin Meena had met while playing mobile game PUBG New Delhi: Pakistani woman Seema Haider, who illegally crossed over to India last year to be with her lover, has been summoned by a family court in Noida. Seema Haider was married to Ghulam Haider when she sneaked into India along with her four … Read more
Pakistan’s central bank has repaid $1 billion in Eurobonds, it said on Saturday, a scheduled payment ahead of the South Asian nation seeking a long-term bailout from the International Monetary Fund. The bond, launched in 2014 and repaid on Friday, was maturing this month. “The payment was made to the agent bank for onward distribution … Read more