Islamabad, March 2 (IANS) The killing of at least 12 Pakistani citizens in Karachi by Marine Security Guards stationed inside the United States Consulate on Mai Kolachi Road marks another such episode on Pakistani soil, with Islamabad opting to contain the diplomatic fallout rather than pursue accountability, a report said on Monday. The incident followed violent demonstrations over the assassination of Iranian Supreme Leader Ayatollah Ali Khamenei in the joint US-Israel strike on Sunday.Accordi…
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New Delhi, March 2 (IANS) Pakistan’s benchmark KSE‑100 index plunged nearly 10 per cent on Monday amid escalating geopolitical tensions due to the US-Iran war along with the country’s ongoing military operation in Afghanistan dampening investor sentiment.The index was at 151,798.54 at about 2:19 pm, down 9.68 per cent. The KSE‑30 index fell around 9.8 per cent before trading was halted for an hour, after which the market reopened taking KSE‑30 to trade about 7.3 per cent lower.The sell…
New Delhi, Feb 17 (IANS) Pakistan’s Army chief Field Marshal Asim Munir has conveyed his displeasure to Prime Minister Shehbaz Sharif regarding the state of affairs of the country’s cricket board. The army chief raised this issue after Pakistan’s humiliating defeat against India in the ongoing T20 World Cup. Pakistan faced a humiliating defeat against India in the match that was played on February 15. Munir was, in particular, critical about the way in which Mohsin Naqvi, chairman of the P…
Islamabad, Feb 11 (IANS) Elected lawmakers in Pakistan seem to be detached from their most basic responsibility of attending parliament when the country is grappling with economic recovery and political polarisation. Pakistan Prime Minister Shehbaz Sharif and Pakistan Peoples Party (PPP) chairman Bilawal Bhutto-Zardari did not attend a single sitting during the 23rd session of the National Assembly, a report has highlighted. According to a latest report by Free and Fair Election Network (FAFEN) …
New Delhi, Feb 9 (IANS) The International Cricket Council (ICC) has reportedly rejected three key demands put forward by the Pakistan Cricket Board (PCB) during ongoing discussions between the two bodies after Pakistan refused to play against India in their T20 World Cup 2026 fixture on February 15 in Colombo.As per media reports, the PCB placed several demands before the ICC in an effort to push for a reconsideration of its decision to boycott the match against India.Pakistan demanded a bilater…
New Delhi, Jan 30 (IANS) The uncertainty surrounding Pakistan’s participation in the ICC T20 World Cup 2026 has sparked widespread trolling on social media, with Iceland and Uganda Cricket leading the charge with humorous posts on replacing Pakistan that quickly went viral.The situation arose after Pakistan Cricket Board (PCB) chairman Mohsin Naqvi cast doubts over the team’s participation in the global event, citing support for Bangladesh, who were replaced by Scotland in the tournament lin…
New Delhi, Jan 29 (IANS) Pakistan’s finance ministry has admitted that “public debt dynamics remained a key challenge” during the last fiscal year, as the increase in total public debt was “driven mainly by higher interest payments and exchange rate movements,” according to a report in the Karachi-headquartered Express Tribune newspaper.The debt burden of every Pakistani increased by 13 per cent to Rs 333,000 (Pakistani rupee) in the last financial year, while public debt remained a “c…
Islamabad, Jan 24 (IANS) A new investigation, titled ‘Truth denied: How Pakistani authorities built an unsolvable case’, has revealed shocking shortcomings in the probe on 2014 killing of Pakistani journalist Shan Dahar, highlighting police misconduct, political inaction and years of impunity. Dahar was shot dead on the night of January 1, 2014 in Badeh, a city in Sindh province, while filming a video report on trafficking medicines. More than 12 years after the murder, his killers are still rem…
New Delhi, Jan 23 (IANS) Pakistan’s National Electric Power Regulatory Authority (Nepra) has released a damning report on the performance of the country’s power sector.Nepra noted that distribution companies continued to suffer from poor governance with transmission and distribution losses exceeding allowable limits, low bill recovery and load-shedding based on Aggregate Technical and Commercial losses. Reference was also made to Debt Service Surcharge sourced to poor governance of the power…
New Delhi, Jan 15 (IANS) Pakistan’s current state of affairs cannot drive the 250 million-strong population towards sustained progress due to cross-cutting constraints affecting all 20 priority export products and six export drivers, a media report has stressed, highlighting that blaming the IMF will not do any good for the country, which is massively suffering across economic parameters.A panel constituted by Prime Minister Shehbaz Sharif reached this conclusion after discussions with industr…