ISLAMABAD – According to the Monthly Economic Update and Outlook released by the finance ministry on Saturday, the government expects high inflation to persist in the coming months, potentially reaching a record high of 38% in April, driven by increases in food and energy prices. The short-term ...

KARACHI – Pakistani rupee remained under pressure against the US dollar, depreciating 0.14 percent in the interbank market on the first working day of the week. During the trading, the local currency recorded marginal losses against the greenback. PKR was hovering at 284.8, with a decline of ...

ISLAMABAD – The civil and military leadership decided on Friday to pace the operation against terrorists in the country. They reached a decision during a meeting of the National Security Committee (NSC) which was chaired by Prime Minister Shehbaz Sharif. Chief of Army Staff General Asim ...

ISLAMABAD – Predicting difficult times ahead, the World Bank revised Pakistan’s growth projections from 2 percent to 0.4 percent for the current fiscal year, citing tighter financial conditions and limited fiscal space among the primary reasons. The bank, in its report Pakistan Development ...

ISLAMABAD – Pakistan has recorded 16 deaths in stampedes occurred at different points since the government has started free distribution of flour bags as consumer price inflation has surged to all-time high level. The Pakistan Bureau of Statistics, in its report, said: “CPI inflation General, ...

During the hearing of the PTI petition, the apex court has been told that the Election Commission of Pakistan has the authority to alter the election date. The ECP lawyer told the Supreme Court that the commission has the authority to extend the poll date under the election programme. The ...

Tirana Hassan, a lawyer and veteran human rights investigator of Pakistan origin, has been appointed the new executive director of the Human Rights Watch, as per the organisation's announcement. Hassan is known for documenting rights abuses in global crises and conflicts as chief programmes ...

WASHINGTON – Twitter on Friday announced that it will wind down the legacy blue ticks given to the verified accounts before the takeover of the Elon Musk. The process of doing away with the blue ticks for legacy verified accounts will start from April 1 as the microblogging platform aims at ...

KARACHI – The Pakistan Stock Exchange (PSX) on Friday witnessed a negative trend amid the uncertainty over the resumption of the International Monetary Fund (IMF) bailout package. The benchmark KSE-100 Index was hovering at 39,993.37 level, a decrease of 382.73 points and a percentage decline ...

KARACHI – Pakistani rupee continued its upward trajectory against the US dollar, appreciating 0.24 percent in the inter-bank market on Wednesday. During the intra-day trading, the local currency was hovering at 283.25, with an improvement of Rs0.67 against the greenback in the ...