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 – Transparency International ranked Pakistan at 140 out of 180 countries in the newly released Corruption Perceptions Index, an annual index that ranks countries based on perceptions of public sector corruption. On a scale of 0-100, with zero being 'Highly Corrupt' and 100 being ...

ISLAMABAD/MOSCOW – Foreign Minister Bilawal Bhutto has arrived in the Russian capital on his maiden visit, in another bid to boost bilateral ties between the two sides. FM Bilawal was received by senior officials of the Russian Foreign Ministry, Pakistan’s ambassador to Russia Shafqat Ali ...

ISLAMABAD – Pakistan on Friday rejected media reports regarding Indian proposal for modification in the Indus Waters Treaty, the water-sharing agreement between nuclear neighbours in South Asia. Foreign Office Spokesperson Mumtaz Zahra Baloch issued the statement as a Court of Arbitration in ...

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 ...

ISLAMABAD – The Election Commission of Pakistan (ECP) on Friday issued schedule for by-elections on 33 seats of the National Assembly fell vacant after National Assembly Speaker Raja Pervez Ashraf accepted resignations of PTI lawmakers and AML chief Sheikh Rashid Ahmed earlier this month. An ...

ISLAMABAD – Tensions remain unabated between nuclear-armed neighbors in South Asia despite the Pakistani premier’s goodwill gesture of calling on his Indian counterpart for sincere talks. In a recent development, Pakistan intelligence agencies once again exposed Modi-led Indian government’s ...

ISLAMABAD – The cash-strapped country sought Washington's support in reviving the crucial International Monetary Fund programme. Deputy Assistant Secretary of the US Department of the Treasury for Asia Robert Kaproth called on Federal Minister for Finance Ishaq Dar on Wednesday and Pakistan’s ...

ISLAMABAD – The International Monetary Fund has placed Pakistan at the 180th spot out of 190 countries in terms of the ratio of fiscal revenue to GDP. The South Asian country, which is facing economic woes due to depleting foreign exchange reserves, has fiscal revenue to GDP ratio at 12.1 ...

The United States has offered assistance to Pakistan for tackling the ongoing countrywide electricity breakdown. Addressing a news briefing in Washington on Monday, State Department spokesman Ned Price said the US had assisted Pakistan in handling a raft of challenges in the past. “We are ...