Inflation, as measured by the Consumer Price Index (CPI), rose to 21.32 per cent in June, the highest in over 13 years, data shared by the Pakistan Bureau of Statistics (PBS) revealed on Friday. Last month, inflation was recorded at 13.76pc. In… Continue Reading
EARLIER this month, Pakistan’s foreign minister, Bilawal Bhutto-Zardari, met his Iranian counterpart, Dr Amir Abdollahian, to review their countries’ relationship. The past few years have seen serious gains across multiple facets of the two neighbours’ bilateral relations, due substantially to the efforts… Continue Reading
World football’s governing body FIFA on Thursday decided to lift the suspension on the Pakistan Football Federation (PFF) that was imposed last year owing to “undue third-party interference”. “The decision was taken after FIFA received confirmation that the normalisation committee of the… Continue Reading
The US Supreme Court on Thursday imposed limits on the federal government’s authority to issue sweeping regulations to reduce carbon emissions from power plants in a ruling that will undermine President Joe Biden’s plans to tackle climate change. The court’s… Continue Reading
Sri Lanka will allow companies from oil-producing countries to import and sell fuel, the power and energy minister said on Tuesday, ending a duopoly as it tries to overcome a shortage of petrol and diesel that is exacerbating an economic crisis.… Continue Reading
Pakistan will participate in a T20 tri-series in Christchurch opposite hosts New Zealand and Bangladesh from October 7-14, the Pakistan Cricket Board (PCB) said on Tuesday. According to the PCB, the series is part of the team’s preparations for the… Continue Reading
Pakistan and France have signed an agreement for the suspension of loans amounting to $107 million under the G20 Debt Service Suspension Initiative (DSSI), the Economic Affairs Division said on Monday. In a press release, the Economic Affairs Division said… Continue Reading
The premier said the entire country is proud of Nawaz’s achievements. Ahmad Nawaz, a survivor of the 2014 APS attack, continues to make Pakistan proud with his achievements, the latest being his election as president of the Oxford Union. His… Continue Reading
World powers on Sunday agreed to ban gold exports from Russia, in new concerted action to cut off Moscow’s financial lifeline as G7 leaders met in southern Germany to lock down new support for Ukraine. US President Joe Biden and… Continue Reading
The United States aims to raise $200 billion in private and public funds over five years to fund needed infrastructure in developing countries under a G7 initiative aimed at countering China’s multitrillion-dollar Belt and Road project, the White House said… Continue Reading