Pakistan borrows another $1.3bn from China

Pakistan borrows another $1.3bn from China

The State Bank of Pakistan (SBP) on Tuesday said it has borrowed another $1.3 billion from China for loan disbursements.  In a tweet, the SBP said it “has received $1.3bn as GOP loan disbursements from

India behind a Terror attack on PSX, says PM Khan

India behind a Terror attack on PSX, says PM Khan

Prime Minister Imran Khan on Wednesday blamed India for the terrorist attack on the PSX building in Karachi during the early hours of Tuesday.  Speaking at the National Assembly, while addressing the fellow members, he

Pakistan’s Covid-19 cases cross 200,000 mark

Pakistan’s Covid-19 cases cross 200,000 mark

The number of Covid-19 positive cases in the country has increased above 200,000 mark  to 208,021 as of 7:02pm on June 29 with 95,407 recoveries and 4,241 deaths reported since the pandemic first appeared in

Rupee loses 30 paisas to fall at 168

Rupee loses 30 paisas to fall at 168

The rupee on Monday lost another 30 paisas against the greenback to close the session at Rs168.30, falling to three-month low during the session.  The Exchange Companies Association of Pakistan’s Zafar Paracha, in an email

27 Pakistani pilots suspended in Vietnam over license concerns

27 Pakistani pilots suspended in Vietnam over license concerns

Vietnam’s aviation regulator on Monday said that it has decided to ground 27 pilots of Pakistani origin as it feared that they were flying airplanes on fake licenses.  “The head of the Civil Aviation Authority

Opposition parties call a conference to protest government policies

Opposition parties call a conference to protest government policies

Pakistan Peoples’ Party, Pakistan Muslim League (N) and JUI (F) leaders have agreed to hold a multi-party conference next week to discuss the challenges faced by the country.  The leaders of the political parties will

Pakistan ready to reopen Kartapur Corridor on Monday

Pakistan ready to reopen Kartapur Corridor on Monday

Commemorating Maharaja Ranjeet Singh on his death anniversary, Pakistan’s Foreign Minister Shah Mahmood Qureshi on Saturday said the government will reopen the Kartarpur Corridor for pilgrims on June 29. “As places of worship open up

PM Imran Khan approves Rs100m for first Hindu temple in Islamabad

PM Imran Khan approves Rs100m for first Hindu temple in Islamabad

Prime Minister Imran Khan on Saturday approved construction of a hindu temple in the capital city of Islamabad while announcing a grant of Rs100 million for the project.  The temple, named Krishna, will be built

Govt announces record-high increase in fuel price

Govt announces record-high increase in fuel price

In an abrupt late night notification, the government increased per litre petrol price by Rs25.58 to Rs100.10 with immediate effect.  The price hike was notified immediately and would remain effective till July 31. The sudden

K-Electric, government trade barbs over Karachi power outages

K-Electric, government trade barbs over Karachi power outages

Residents of the country’s largest city Karachi have had to sit hours of load shedding in temperatures as high as 39 degree centigrade while the government and K-Electric lay blame on each other for energy