Gunfire and blast reported at Gawadar Port Authority complex: official – Pakistan

Armed assailants have forcibly entered the Gwadar Port Authority Complex and opened firing while a blast has also been heard, according to Makran Commissioner Saeed Ahmed Umrani. A large contingent of police and security forces has reached the scene while intense firing is going on, Umrani said in a conversation with Dawn.com. This is a […]

Donald Lu calls for probe into allegations of poll rigging

During a Congressional hearing in Washington on Wednesday, US Assistant Secretary of State for South Asia, Donald Lu, stressed the importance of investigating allegations of interference or rigging in Pakistan’s recent general elections. Speaking before a subcommittee of the US House Committee on Foreign Affairs, Lu highlighted the need for transparency and accountability in addressing […]

Will not tolerate any terrorism from across border: PM Shehbaz – Pakistan

Following recent skirmishes on the Pak-Afghan frontier, Prime Minister Shehbaz Sharif on Wednesday asserted that the goverment would not tolerate any cross-border terrorism. In the early hours of Monday, Pakistan struck Afganistan’s Khost and Paktika provinces in “intelligence-based anti-terrorist operations”, which, according to the Afghan interim government, killed eight people. The Foreign Office had confirmed […]

Two terrorists neutralised, as many injured in N Waziristan IBO

The security forces on Wednesday killed two terrorists and injured two others after an exchange of fire during an intelligence based operation in North Waziristan District of Khyber- Pakhtunkhwa, the military’s media wing said in a statement. According to the Inter-Services Public Relations (ISPR), an intense fire exchange took place between the army troops and […]

Shares at PSX climb 400 points after staff-level agreement with the IMF – Business

Bullish momentum continued at the Pakistan Stock Exchange (PSX) on Wednesday as shares gained over 400 points after Pakistan and the IMF reached a staff-level agreement. The KSE-100 index started on a positive note after the bell, climbing more than 400.04, or 0.61 per cent, to stand at 65,902.63 points from the previous close of […]

12 killed, 8 rescued after coal mine collapses in Harnai district – Pakistan

Twelve miners were killed and eight rescued after an explosion in a coal mine in the Zardalo area of Balochistan’s Harnai district, officials said on Wednesday. Earlier, it was reported that 18 miners were trapped after a big portion of the mine caved in when a powerful explosion took place. The directorate of chief inspector […]

Bank of Japan delivers first rate hike in 17 years – World

TOKYO: The Bank of Japan (BOJ) ended eight years of negative interest rates and other remnants of its unorthodox policy on Tuesday, making a historic shift away from its focus on reflating growth with decades of massive monetary stimulus. While the move was Japan’s first interest rate hike in 17 years, it still keeps rates […]

No more tolerance for cross-border terrorism, says PM Shehbaz

ISLAMABAD: Prime Minister Shehbaz Sharif said on Wednesday that there would be no more tolerance for cross-border terrorism and termed it Pakistan’s ‘red line’.  Addressing a meeting of the federal cabinet, the premier said he wanted to work together with neighbouring countries for peace in the region and added that Pakistan has made great sacrifices […]

IMF, Pakistan reach staff level agreement on final bailout review – Business

The International Monetary Fund (IMF) has reached a staff-level agreement with Pakistan on the final review of a $3 billion bailout, where the country will receive $1.1 billion after approval from the Fund’s Executive Board, the lender said on Wednesday. “The agreement recognises the strong program implementation by the State Bank of Pakistan and the […]

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