KARACHI – Pakistan Navy is all set to host a multinational naval exercise dubbed *AMAN 2023* next month in February under the slogan “Together for Peace”. The naval drills aimed at maintaining peace and security in the Indian Ocean. PN holds this event biennially to signify its commitment ...

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 ...

ISLAMABAD – Pakistani prime minister Shehbaz Sharif approached the ruling coalition allies, as two leading parties hinted at leaving the government over Reko Dik concerns. Reports in local media said the premier held a telephonic conversation with Balochistan National Party leader Akhtar Mengal ...

RAWALPINDI – Chief of Army Staff, General Syed Asim Munir visited the mausoleum of Quaid- e -Azam Muhammad Ali Jinnah on Wednesday, to pay homage to the nation’s founder. Inter Services Public Relations in a statement said that Army Chief laid floral wreath and offered Fateha. Later, COAS ...

National Accountability Bureau (NAB) Lahore has written a letter to the district administration to release the frozen assets of Federal Minister for Finance and Revenue Senator Ishaq Dar. A dispatch has been issued to release frozen bank accounts containing Rs 5 billion, Rs 580 million, Rs 80 ...

Interior Minister Rana Sanaullah has rejected the claim of PTI Chairman Imran Khan that there were two shooters who launched a gun attack on him adding that the former prime minister is continuously running an organized campaign against the institutions, reported 24NewHD TV channel. The interior ...

Pakistan's new Finance Minister Ishaq Dar has said he will seek rescheduling of some $27 billion worth of non-Paris Club debt largely owed to China, but will not pursue haircuts as part of any restructuring. In an interview with the British news agency, Ishaq Dar ruled out the possibility of a ...

NEW YORK – Moody's Investors Service on Tuesday downgraded the long-term deposit ratings of five Pakistani banks - Allied Bank Limited (ABL), Habib Bank Ltd. (HBL), MCB Bank Limited (MCB), National Bank of Pakistan (NBP) and United Bank Ltd. (UBL). The rating agency has also “downgraded the ...

KARACHI — The State Bank of Pakistan (SBP) has found involvement of eight Pakistani banks in an unprecedented increase in the US dollar rate in Pakistan and sent the names of these banks to the National Assembly Standing Committee for further action. Habib Bank Limited, Allied Bank Limited, ...

ISLAMABAD – PML-N government and allied parties filed a reference with the ECP seeking the disqualification of ousted PM Imran Khan. Reports in local media said PML-N lawmakers Barrister Mohsin Nawaz Ranjha moved the reference to Chief Election Commissioner Sikander Sultan Raja, maintaining ...