Workers, supporters and members of all party traders’ alliance continued their sit-in in Chaman for the second consecutive day on Sunday, protesting against the government’s decision to make valid passports and visas mandatory for crossing Pak-Afghan border. The Pakistani government has decided to restrict border crossing to only those with valid passports and visas, effective from November 1
Before seeking final dates for the second review of the ongoing IMF loan programme, the government has convened a special meeting of the Economic Coordination Committee (ECC) on Monday (today) to discuss and clear an unprecedented surge of 3,900 per cent in fixed monthly charges and a 194pc hike in consumer rates for natural gas. These price adjustments, set for cabinet’s ratification on Tuesda
Once a profitable entity and the pride of a nation, the national flag carrier’s fortunes plummeted to an all-time low on Sunday, when its operations ground to a halt yet again, due to a lack of fuel. While Pakistan International Airlines (PIA), suffering losses to the tune of Rs750 billion, is no stranger to recurring crises, the current situation is probably the most dire in recent years as 77
Profit-takers held sway over the stock market on Wednesday as investors chose to cash in their earlier gains. Topline Securities Ltd said banking, auto and IT stocks performed well while some energy heavyweights put a dent to the index of the representative shares listed on the national bourse. Furthermore, the rupee experienced a second day of depreciation against the dollar before settling
Chinese President Xi Jinping announced eight major steps to support high-quality cooperation, in his speech at the opening ceremony of the third Belt and Road Forum on Wednesday. Here are the highlights: Multidimensional network China will build a multidimensional connectivity network, speeding up the development of the China-Europe Railway Express, participate in the trans-Caspian internati