Election outcome, political uncertainty may complicate Pakistan’s new IMF deal: Fitch – Business
Global ratings agency Fitch on Monday warned that the “close outcome” of the February 8 polls and the resulting “near-term political uncertainty” may complicate Pakistan’s efforts to secure a financing agreement with the International Monetary Fund (IMF). Nearly 60.6 million Pakistanis voted in the country’s 12th general elections earlier this month amid a day-long suspension […]
US proposes UNSC oppose Rafah assault, back temporary ceasefire
UNITED NATIONS: The United States has proposed an alternative draft United Nations Security Council resolution calling for a temporary ceasefire in the Israel-Hamas war and opposing a major Israeli ground offensive in Rafah in southern Gaza, according to the text seen by Reuters on Monday. Washington has been averse to the word ceasefire in any […]
Deadlock persists as fifth PML-N, PPP meeting ends inconclusively
The impasse in the political landscape persisted on Monday as the fifth round of discussions between the Pakistan Muslim League-Nawaz (PML-N) and Pakistan Peoples Party (PPP) coordination committees concluded inconclusively, Express News reported. The meeting, held at the residence of PML-N senior leader Senator Ishaq Dar in parliament lodges in Islamabad, saw the participation of […]
PTI-backed independents to join Sunni Ittehad Council: Barrister Gohar – Pakistan
PTI leader Barrister Gohar Ali Khan on Monday announced that party-backed independent candidates — who emerged victorious in the Centre, Punjab and Khyber Pakhtunkhwa during the 2024 general elections — would join right-wing party Sunni Ittehad Council (SIC) as part of their parliamentary strategy. He addressed the media in Islamabad today alongside party leaders Raoof […]
‘Putin killed my husband’, says Alexei Navalny’s widow – World
Alexei Navalny’s widow said on Monday that Russian President Vladimir Putin killed her husband, as she vowed to carry on his work, three days after he died in an Arctic prison. Holding back tears in a video address published today, Yulia Navalnaya said: “Three days ago, Vladimir Putin killed my husband, Alexei Navalny.” Prison authorities […]
Shares at PSX rally 500 points on hopes of consensus on forming new govt – Business
Bulls returned to the Pakistan Stock Exchange (PSX) on Monday as shares gained over 500 points, with analysts attributing the rally to hopes that political parties would soon reach an agreement on forming the government. Last week, growing doubts about the formation of a new coalition government amid raging protests against alleged manipulation of election […]
Pakistan’s debt profile ‘alarming’, borrowing and spending habits ‘unsustainable’: report – Business
A report by Islamabad-based think tank Tabadlab has stated that Pakistan’s debt profile is “alarming” while the country’s borrowing and spending habits were “unsustainable”. The 68-page report, titled ‘A raging fire: Pakistan’s debt crisis’, was released on Sunday. It said that the country’s total debt and liabilities — including domestic and external debt — to […]
Services of social media platform X disrupted in Pakistan for third day – Pakistan
Services of social media platform X, formerly known as Twitter, remained disrupted for the third consecutive day in Pakistan on Monday. According to Downdetector, the outage was reported a little after 10:30am and persisted till noon. Services were restored around 12:24pm but were again disrupted after 1pm. Downdetector, which tracks outages by collating status reports […]
India offers protesting farmers support prices on crops
AMBALA, INDIA: The Indian government has offered guaranteed support prices for pulses, corn and cotton in a bid to break a deadlock with protesting farmers, Trade Minister Piyush Goyal said after week-long clashes between security forces and protesters. Tear gas and barricades were used to deter the farmers, who form an influential voting bloc, months […]
India offers protesting farmers support prices on corn, cotton and pulses – World
The Indian government has offered guaranteed support prices for pulses, corn and cotton in a bid to break a deadlock with protesting farmers, Trade Minister Piyush Goyal said after week-long clashes between security forces and protesters. Tear gas and barricades were used to deter the farmers, who form an influential voting bloc, months ahead of […]