Page 169 - Pakistan

Two Pakistan planes escape mid-air collision over Iranian territory

A major tragedy was averted as two Pakistan International Airlines (PIA) planes flying nearly escaped a mid-air collision over Iranian territory on Sunday, according to media reports

310 killed, 300 injured as heavy rains continue to wreak havoc in Pakistan

Nearly 310 people have been killed and 295 others injured in separate rain-related incidents in Pakistan since June 14 as heavy downpours continued to lash the country

Pakistan curbing interbank trade to contain dollar shortage: Report

State Bank of Pakistan asked commercial lenders to manage import-payment requests from their own inflows, such as exporter accruals and remittances

Despite trade ban, Pakistan imports from India jump 2x in April-May

The Shehbaz Sharif-led govt named a senior official 'trade minister' in Pakistan's New Delhi embassy in May

Pak rupee slumps to record low of 230 against dollar amid inflation fears

The Pakistani rupee has dropped to a record low against the US dollar with the exchange rate sliding to PKR 230, local media reported on Monday.The data provided by the State Bank of Pakistan (SBP) showed that the rupee slumped to 230 during intraday trade, as compared to its rate of 228.37.The Pakistani rupee has slumped nearly 8 per cent against the US dollar during the last trading week, and the forex reserves of the country are below USD 10 billion with inflation at the highest in more than a decade, Geo News reported."Markets are responding to these shocks in an unfairly broad-brush way, without paying enough attention to Pakistan's relative strengths," Acting governor of Pakistan's central bank Murtaza Syed said.Capital marker expert Muhammad Saad Ali said there has been a slump in the rupee due to the rise in the political uncertainty in the Punjab province, local media reported."Note that BoP (balance of payments) pressures on the currency have eased, as per the SBP, which ...

As Covid cases surge, Pak to strictly monitor passengers from India: Report

Indian passengers arriving in Pakistan through air or land routes, including via Kartarpur Corridor, will undergo telescopic monitoring at all entry points due to the rising coronavirus cases in India

Pak leaders criticise judiciary over handling of Punjab CM re-election case

Top leaders of Pakistan's ruling coalition expressed distrust in the Supreme Court's handling of a case related to the election of the chief minister in Punjab province

India extends 222 LoCs worth $14.07 bn in Africa, 37 LoCs to neighbours

The LoCs projects in African nations are spread across sectors roads, railways, power, ports and shipping, education, telecom, health, and aviation

Former Pakistan federal minister blames establishment for political turmoil

Former Pakistan Information Minister and Pakistan Tehreek-e-Insaf (PTI) leader Fawad Chaudhry on Saturday said that the country had been suffering from a political crisis

Pakistan PM advisor Kaira demands SC to hear political crisis in Punjab

The Advisor to Pakistan's Prime Minister on Kashmir Affairs and Zaman Kaira on Sunday demanded a full Supreme Court bench to hear the current political and constitutional crisis in Punjab.

Protests in Balochistan against 'fake encounter' by Pak security forces

Protests were held in Turbat and the provincial capital Quetta in Balochistan against the alleged "fake encounter" of Baloch missing persons by the Pakistani security forces in Ziarat

Pak PM's son Hamza Sharif takes oath as Punjab CM after re-election

Hamza Shehbaz, the son of Pakistan Prime Minister Shehbaz Sharif, on Saturday took oath as the chief minister of Punjab province, a day after he was re-elected to the post

Pak, China welcome any 3rd nation joining CPEC for beneficial cooperation

Pakistan and China on Friday decided to welcome any third country joining the multi-billion dollar China-Pakistan Economic Corridor for mutual beneficial cooperation

Imran Khan warns Pakistan could turn into Sri Lanka if vote theft continues

Former Pak PM Imran Khan has warned of serious and dire consequences if political horse-trading and theft of votes, aimed at stealing the mandate of his party's candidate

SCO Secy General to visit Pak to invite PM Sharif for bloc's annual summit

Shanghai Cooperation Organisation (SCO) Secretary-General Ambassador Zhang Ming is set to visit Pakistan during which he will invite Prime Minister Sharif to participate in the bloc's annual summit

282 killed, over 200 injured in rain-related incidents in Pakistan

At least 282 people have been killed and 211 others injured in separate rain-related incidents in Pakistan since June 14 as heavy downpours continued to lash the country

Coalition bribing provincial lawmakers ahead of Punjab election: Imran Khan

Pakistan's former prime minister Imran Khan on Wednesday alleged the ruling coalition alliance of bribing the provincial lawmakers ahead of the crucial Punjab chief minister's election. The election is scheduled to be held on July 22 and Khan, who is also chairman of Pakistan Tehreek-i-Insaf, claimed that millions of rupees were being offered to PTI members of provincial assembly (MPAs) to switch loyalties. Today Lahore is seeing a repeat of the Sindh House horse-trading that happened in Islamabad with up to Rs 50 crores being offered to buy MPAs, Khan said in a tweet. He also claimed that the main brain in the buying of members was former president and Pakistan Peoples Party (PPP) leader Asif Ali Zardari, who he alleged was purchasing people with looted wealth and should be jailed. This is not only an attack on our democracy but also on moral fabric of our society. Had SC (Supreme Court) taken action & debarred these turncoats for life it would have acted as a deterrent. Don't ...

Pakistan's win over Lanka in Galle Test causes reshuffle in WTC standings

Pakistan's remarkable victory over Sri Lanka in the first Test in Galle on Wednesday caused a major reshuffle within the top five on the World Test Championship standings.

Pakistan rupee drops to record, bonds fall as Fitch cuts outlook

The rupee has tumbled to a succession of all-time lows in recent days as escalating political uncertainty has added to concern over the country's bailout deal with the IMF

Rupee at 80: How have other currencies performed in the last six months

The Sri Lankan rupee has fallen over 66 per cent against the rupee in the last six months. It was trading at 2.7 per INR on January 19 and has fallen to 4.5 on July 19