By Syed Raza Hassan KARACHI, Pakistan (Reuters) – Pakistan rejected India’s closure of the incident of the firing of a supersonic missile into Pakistani territory on March 9, and reiterated…
ISLAMABAD (Reuters) -Pakistan on Thursday lifted an import ban on luxury goods, but such items will be heavily taxed, Finance Minister Miftah Ismail said. Pakistan banned the import of all…
ISLAMABAD – Pakistan imports fell by more than a third in July after a ban on non-essentials, the finance minister said on Sunday, adding the improved trade situation will reduce…
By Gul Yousefzai QUETTA, Pakistan – Intense floods killed dozens of people and left hundreds homeless in Pakistan, officials said on Saturday, as heavy monsoon rains battered the country. In…
By Gibran Naiyyar Peshimam and Asif Shahzad ISLAMABAD – Pakistan said on Tuesday that it has received economic and financial targets from the International Monetary Fund (IMF) that once agreed…
By Gibran Naiyyar Peshimam ISLAMABAD – Pakistan’s finance minister said on Saturday that the International Monetary Fund (IMF) has expressed concern about the country’s recently unveiled budget, but the government…
By Asif Shahzad ISLAMABAD – Pakistan GDP growth will slow to 5% for the upcoming fiscal year beginning on July 1, from 5.9% in the outgoing year, following budgetary tightening…
KARACHI, Pakistan – Pakistan will slash fuel subsidies for a second time in a week in a bid to control the fiscal deficit and secure International Monetary Fund (IMF) bailout…
By Gibran Naiyyar Peshimam and Asif Shahzad KARACHI, Pakistan -Pakistan on Thursday announced it will hike fuel prices so that it can resume receiving aid from a $6 billion package…
KARACHI, Pakistan – Pakistan has banned the import of all non-essential luxury goods in a bid to stabilize the economy, the information minister said on Thursday, describing the situation as…
CHICAGO —A Chicago technology executive has been sentenced to a year in federal prison for illegally exporting computer equipment from the United States to a nuclear research agency of the…
By Asif Shahzad ISLAMABAD – Pakistan said on Saturday it would maintain subsidies to keep fuel and power prices steady for consumers, going against International Monetary Fund (IMF) recommendations as…
By Asif Shahzad ISLAMABAD -Pakistan has sought an increase in the size and duration of its $6 billion International Monetary Fund (IMF) programme, the country’s Finance Minister, Miftah Ismail, said…
By Asif Shahzad ISLAMABAD – Pakistan’s National Security Council, a body of top civil and military leaders, on Friday rejected ousted Prime Minister Imran Khan’s accusations that United States had…
ISLAMABAD – Pakistan said on Sunday said incidents of its security forces being targeted in cross-border attacks from Afghanistan had risen significantly, and called on Taliban authorities to act against…
By Asif Shahzad ISLAMABAD – Pakistan’s powerful military on Thursday dismissed ousted Prime Minister Imran Khan’s accusation that the United States had conspired to topple him in a parliamentary vote…
By Gibran Naiyyar Peshimam and Asif Shahzad ISLAMABAD -Pakistan’s central bank raised its policy rate by 250 basis points to 12.25% in an emergency meeting on Thursday, the bank said…
By Jonathan Landay and Gibran Naiyyar Peshimam WASHINGTON/ISLAMABAD – Pakistan Prime Minister Imran Khan blocked a no-confidence vote he looked sure to lose on Sunday and advised the president to…
WASHINGTON – The International Monetary Fund on Thursday said it was having constructive, ongoing discussions with Pakistan as part of a seventh program review of a $6 billion rescue package.…
India Says Missile It Fired Into Pakistan Was An Accident Sebastian Hughes on March 11, 2022 A “technical malfunction” during routine maintenance led to the firing of a missile into…
By Asif Shahzad ISLAMABAD – Pakistan’s military has stepped up operations along the Afghan border in recent weeks after a spate of militant attacks that has dashed any hope the…
By Mubasher Bukhari LAHORE, Pakistan – A mob lynched a man because he had allegedly burnt pages of Muslim holy book the Koran in central Pakistan and dozens of people…
By Gul Yousafzai and Asif Shahzad QUETTA, Pakistan -Insurgents armed with bombs and guns attacked two Pakistani military bases overnight, killing seven soldiers while losing 13 of their own men,…
CHICAGO— A Chicago technology executive pleaded guilty today to a federal criminal charge and admitted illegally exporting computer equipment from the United States to a nuclear research agency of the…
CHICAGO —A Chicago technology executive pleaded guilty today to a federal criminal charge and admitted illegally exporting computer equipment from the United States to a nuclear research agency of the…