KARACHI – The Indus Motors Company (IMC), the assembler and seller of Toyota-brand vehicles in Pakistan, has decided to “completely” shut down its production plant in the country from February 1-14 due to restrictions on import. The automaker has informed the general manager of the Pakistan ...

KARACHI – Gold snapped its record-breaking spree as it witnessed highest single day drop on Tuesday in line with the downward trend in the international market. The yellow metal plummeted by $22 to settle at $1,902 in the international market as the investors are closely observing the US ...

While annulling the Peshawar High Court’s (PHC) decision of forming a committee for determining the prices of livestock and poultry products, the Supreme Court Tuesday ruled that the high courts could not exercise the power of taking suo motu notice. The apex court in its ruling said that the ...

Ahead of the IMF talks starting from today, the Pakistani rupee showed some resilience and brought down the US dollar by Rs4.63 in the interbank trading on Tuesday. According to money dealers, the Pakistani rupee made a recovery after suffering an initial loss when the US dollar hit Rs270 barrier ...

PESHAWAR – The death toll in the Peshawar mosque blast has climbed to 93 after dozens of dead bodies were taken out from the wreckage by the rescue teams during the operation that continued for hours. With the latest updates, the number of causalities soared to 83, and over 157 people were ...

ISLAMABAD – The International Monetary Fund mission arrived in Pakistan late Monday to discuss the stalled ninth review of the crucial funding programme, with the country’s economy worsening with each passing day. Reports in local media suggest that the IMF mission chief for Pakistan Nathan ...

ISLAMABAD – A local court of federal capital announced to indict the ousted premier and PTI chief Imran Khan in Toshakhana reference on February 7. Reports in local media said Additional Sessions Judge Zafar Iqbal heard the case today and announced that charges against the defiant politician in ...

LAHORE – After Toyota and Honda, and Suzuki, Kia Pakistan has increased car prices of some of its various variants by up to Rs13 lac. The South Korean multinational automobile giant soared the prices of its vehicles for the first time in 2023 in wake of the massive depreciation of the local ...

The gold prices Monday continued to hit new records in Pakistani markets as a weakened economy coupled with the continuous depreciation of the Pakistan rupee added to the factor. Considered a safe haven for investors in times of economic turmoil, the yellow metal is almost going out of reach for ...

A suicide bomber exploded himself during Zuhr prayers at a mosque inside Police Lines in Peshawar on Monday, martyring 44 worshippers and injuring more than 157 others including policemen. Lady Reading Hospital spokesman Muhammad Asim Khan said: "We are receiving more dead bodies, so far we have ...