The Pakistani Rupee continued to fall against the US Dollar in the interbank market, despite the country’s lingering uncertainties. The local currency fell by Rs1.73 due to negative macroeconomic indicators such as a greater import bill and a delay in the IMF tranche. When compared to the previous day’s finishContinue Reading
In the month ending mid-April, rising food and energy costs brought Nepal’s annual inflation to a near six-year high, just as the economy was beginning to recover lost tourist revenue due to the coronavirus outbreak. According to statistics issued by Nepal Rastra Bank, annual consumer price-based inflation increased to 7.28Continue Reading
On Wednesday, 69 buses from the Sindh government’s public transportation scheme came for the first time in 14 years. The jet arrived in Karachi carrying 69 new buses from China, including 20 for the Orange Line and 49 for the Intra City project. Intercity buses will run on two routesContinue Reading
Masood Khan, Pakistan’s ambassador to the United States, met with Derek Chollet, Counselor of the US Department of State, in Washington on Wednesday. Steps to further strengthen long-standing Pak-US relations were discussed at the meeting, according to sources. They also spoke about increasing their involvement in trade, climate, energy, andContinue Reading
The Rabita Committee meeting of the Muttahida Qaumi Movement-Pakistan (MQM-P), chaired by convener Dr Khalid Maqbool Siddiqui, voiced worry over growing inflation and the country’s poor economic position. The summit also criticised some political parties’ attack of national institutions and the courts, emphasising the importance of working through challenges withContinue Reading
In the Italian city of Torino, four Pakistani youngsters were murdered and one was critically injured in a horrible car accident. The collision occurred on the A4 highway, when the automobile collided with a truck. All of the Pakistani teenagers were in the same automobile, on their way to workContinue Reading
There has been no mortality from new coronavirus in Pakistan in the previous 24 hours, despite the fact that the number of positive cases has climbed to 1,528,987. On Thursday, the death toll in Pakistan reached 30,376. According to the National Institute of Health (NIH), at least 90 people haveContinue Reading
ISLAMABAD: Pakistan’s Election Commission rejected the PTI’s reference against its National Assembly defections on Wednesday. The judgement, which had been reserved by the electoral commission’s three-member panel, was read by Chief Election Commissioner Sikandar Sultan Raja. According to the ruling, “no meaningful evidence was offered against defecting members in theContinue Reading
The Pakistan Tehreek-e-Insaf (PTI) said on Wednesday that it will file a complaint against the Chief Election Commissioner. In an interview with the media, former Minister of Information and Broadcasting Fawad Chaudhry stated that the PTI’s senior leadership had lost trust in Sikandar Sultan Raja. Joining the Pakistan Muslim LeagueContinue Reading
Iran is dragging its feet on information about uranium particles found at old undeclared facilities in the country, according to the chief of the UN atomic watchdog, raising the possibility of a clash in June. Iran’s 2015 nuclear deal with world powers has been on hold since March, primarily dueContinue Reading
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