KARACHI – The State Bank of Pakistan (SBP) has raised the policy rate by 100 basis points (bps) to 11.50%.…
Backchannel Diplomacy Expands Across Region as Iran Envoy Shuttles Between Capitals
ISLAMABAD – Despite no immediate prospects of direct talks between Iran and the United States, diplomacy remains very much alive,…
11 Pakistani Crew Held Hostage by Somali Pirates, Government Assures Rescue Efforts Underway
KARACHI – Sindh Governor Nehal Hashmi assured on Monday that 11 Pakistani crew members held hostage by Somali pirates have…
‘Good News’ of Peace Talks Possible as Soon as Friday, Trump Tells NY Post
WASHINGTON – American media outlet The New York Post reported on Wednesday that “good news” about the second round of…
One Year On, India Failed to Present Evidence on Pahalgam Attack: Tarar
ISLAMABAD – Information Minister Attaullah Tarar on Wednesday marked one year since what he described as the “Pahalgam false flag…
Iranian Envoy Meets PM Shehbaz, Discusses Regional Situation After Ceasefire Extension
ISLAMABAD – Iranian Ambassador Reza Amiri Moghadam called on Prime Minister Shehbaz Sharif on Wednesday and discussed the ongoing regional…
Nawaz Highlights PML-N’s Focus on Development Ahead of GB Elections
LAHORE – PML-N President Nawaz Sharif on Tuesday vowed that, if elected, the party would focus on development in Gilgit-Baltistan…
Pakistan Navy Successfully Tests Taimoor Air-Launched Cruise Missile
KARACHI – Pakistan Navy on Tuesday conducted a successful test of the Taimoor air-launched cruise missile, an indigenously developed anti-ship…
IMF Adds 11 New Conditions to $7 Billion Bailout Package
ISLAMABAD – The International Monetary Fund (IMF) has loaded the $7 billion bailout package with nearly a dozen more conditions,…
Govt Cuts Jet Fuel Price by Rs23 per Litre Amid Easing Middle East Tensions
ISLAMABAD – The government on Saturday reduced the price of jet fuel by Rs23 per litre following easing tensions in…