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 ...

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 ...

ISLAMABAD – The economic crisis in Pakistan appears to further worsensing as the government has reportedly not released the funds for the country's embassies and missions abroad including the payment of salaries of their employees. The Express News, quoting its sources, claimed that the ...

KARACHI – Pakistan’s foreign exchange reserves have further fallen to $3.7 billion, its lowest levels since February 2014, as the country’s economic crisis worsen in recent weeks. The reserves held by the central bank have been persistently shrinking since the beginning of the current ...

Prime Minister Shehbaz Sharif, former President and PPP Co-Chairman Asif Ali Zardari, and PDM chief Maulana Fazlur Rehman held an important meeting and discussed the current political situation in the country on Thursday evening. Minister for Defense Khawaja Muhammad Asif, Minister for Economic ...

KARACHI – Pak Suzuki Motor Company has announced the first hike for its popular vehicles in 2023 by increasing the prices of various models by Rs100,000-355,000. While the auto giant has not cited any reason for the hike, mounting inflation and local currency depreciation are the likely ...

Pakistan has lost around Rs. 100 billion due to the total blackout across the country on Monday as the government failed to restore power supply to factories. Former chairman Karachi Chamber of Commerce and Industry (KCCI) Muhammad Idrees told a national daily that Pakistan has recorded an ...

LAHORE – Former prime minister Imran Khan is once again up in arms against former Army Chief Gen (r) Qamar Javed Bajwa and he fired another salvo at the retired general on Saturday. Khan bashed the former top general in a recent interaction with senior journalists in the provincial capital, ...

ISLAMABAD/LAHORE – The federal government on Wednesday appointed senior bureaucrat Abdullah Khan Sumbal as new chief secretary of Punjab, replacing Kamran Ali Afzal. Inspector General of Police in Punjab Faisal Shahkar has also relinquished charge while the provincial government has appointed ...

ISLAMABAD – In another bid to conserve energy, the Pakistan government has decided to shut markets, and restaurants across the country at 8 pm, while wedding halls will be allowed to continue functions till 10 pm. Defense Minister and PML-N stalwart Khawaja Asif makes the announcement as the ...