LHC decides to form high-level commission to probe petroleum crisis

LHC decides to form high-level commission to probe petroleum crisis

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LAHORE: The Lahore High Court (LHC) Thursday conducted hearing on a case pertaining to petroleum crisis in the country and decided to form a...
Pakistan's massive plantation drive boosts honey production

Pakistan’s massive plantation drive boosts honey production

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CHANGA MANGA: Around five years ago, Pakistan's Changa Manga Forest saw a massive plantation drive, with the vision to rejuvenate the forest land that...
Pakistan's inflation rate edges up slightly to 8.6pc in June

Pakistan’s inflation rate edges up slightly to 8.6pc in June

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ISLAMABAD: Consumer Price Index (CPI) inflation rate edged up slightly to 8.6 per cent year-on-year in June, the Pakistan Bureau of Statistics said in...
IMF expects Asia's economy to shrink by 1.6% due to coronavirus pandemic

IMF expects Asia’s economy to shrink by 1.6% due to coronavirus...

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ISLAMABAD: The International Monetary Fund (IMF) has said it expects Asia’s growth to contract by 1.6% as the economies grapple with the fallout of...
Finance Ministry rejects proposal to lower levy on petroleum by Rs10

Finance Ministry rejects proposal to lower levy on petroleum by Rs10

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ISLAMABAD: Finance Ministry on Wednesday rejected a recommendation by Petroleum Division to reduce levy on petroleum products by 10 rupees per liter. According to reports,...
LHC decides to form high-level commission to probe petroleum crisis

IHC moved against recent hike in prices of petroleum products

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ISLAMABAD: Mian Muhammad Aslam, who is a leader of the Jamaat-e-Islami, has challenged the Rs26 overnight increase in petrol prices in the Islamabad High...
Pakistani rupee strengthens against US dollar

Pakistani rupee strengthens against US dollar

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KARACHI: The exchange rate of Pakistani rupee strengthened by Rs0.08 against US dollar in the interbank market. According to forex dealers, the Pakistani rupee appreciated...
Pakistan's current account turns surplus of $13mn: SBP

State Bank of Pakistan receives $1.3bn from Chinese banks

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KARACHI: The State Bank of Pakistan (SBP) has received $1.3 billion as loan disbursements from Chinese banks this week, the central bank announced in...
Finance Ministry rejects proposal to lower levy on petroleum by Rs10

Govt hikes petrol price from Rs74.52 to Rs100.10 per litre with...

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ISLAMABAD: The federal government on Friday decided to increase the prices of petroleum products with immediate effect in view of the rising oil prices...
IMF predicts Pakistan's economy to recover during financial year 2021

IMF forecasts Pakistan’s economic growth to 1 percent for FY21

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ISLAMABAD: International Monetary Fund (IMF) on Wednesday sounded the alarm for Pakistan, saying that contrary to government claims, Pakistan's economic growth will be one...

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Afghanistan

Islamic State attack on Afghan prison, killing 21 people in fighting overnight

Islamic State attack on Afghan prison, killing 21 people in fighting overnight

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JALALABAD: An Islamic State group attack on a prison in eastern Afghanistan holding hundreds of its members raged on Monday after killing at least...
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3-day ceasefire begins ahead of possible Afghan government, Taliban talks

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KABUL: A three-day Eid ceasefire between Taliban and Afghan government forces began on Friday with hopes it may lead to possible peace talks between the two. A...
Taliban reshuffle negotiation team ahead of Afghan talks

Taliban reshuffle negotiation team ahead of Afghan talks

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DOHA: The Taliban have reshuffled their team of negotiations ahead of their talks with the Afghan government, adding several powerful figures to their negotiating...
US pushes Taliban to reduce violence as deal enters 'next phase'

US pushes Taliban to reduce violence as deal enters ‘next phase’

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KABUL: The United States said its landmark deal with the Taliban has entered the "next phase" while urging the militants to reduce rising violence...