ISLAMABAD - In a major relief to inflation-hit public, the federal government Friday announced to decrease petroleum prices by up to Rs12.63 per litre.  Newly-appointed Finance Minister Ishaq Dar made the announcement while addressing a press conference, a couple of days after he vowed to ...

ISLAMABAD – A court in the federal capital on Tuesday discharged senior journalist Ayaz Amir from the murder case of his daughter-in-law Sarah Inam, who was a Pakistani-Canadian. Sarah was allegedly killed by Amir’s son Shahnawaz at his home following a dispute over a “family ...

KARACHI – The Pakistani rupee continued to lose ground against the US dollar in both open and interbank markets on Monday as negative sentiments still prevails despite rollover of $3 billion deposit by Saudi Arabia and IMF loan. The local currency dropped to record low against the greenback ...

KARACHI – Saudi Arabia has agreed to extend a $3 billion deposit currently parked in the State Bank of Pakistan (SBP) for one more year in order to help the South Asian country tackle prevailing economic crisis. In 2021, the Saudi Fund for Development had deposited $3 billion in Pakistan's ...

ISLAMABAD – Defence Minister Khawaja Asif said on Prime Minister Shehbaz Sharif will appoint new Chief of Army Staff (COAS) in November in line with his constitutional obligation. Addressing a press conference, the defence minister said that PTI Chairman Imran Khan was attempted to make the ...