Listen to the article The Pakistan Navy has taken a significant lead over India in the field of air-independent propulsion (AIP) technology, and further progress is expected. The Pakistan Navy has reportedly surpassed the Indian Navy in adopting AIP technology, with Chinese-built Hangor-class submarines expected to join its fleet as per schedule. India’s recent addition … Read more
A representative image of an open pit mine. —Reuters/File A Gulf country will initially obtain 10% of the shares. Foreign exchange will be introduced into Pakistan. Revised valuation of project shares in the works. ISLAMABAD: Pakistan and the Kingdom of Saudi Arabia (KSA) are set to finalize details of the multi-billion dollar Reko Diq project … Read more
Listen to the article The Pakistan Meteorological Department (PMD) has issued a weather warning, predicting that westerly winds will enter the country from Saturday, bringing with them widespread rainfall and snowfall. According to the department, from January 18 to 20, areas of Balochistan such as Quetta, Ziarat, Chaman, Pishin, Qilla Abdullah, Qilla Saifullah, Chagai, Nushki, … Read more
A currency dealer counts US dollars at a store in Karachi. — AFP/File Deposits placed with the SBP matured in January 2025. Prime Minister Shehbaz confirmed the postponement during Tuesday’s meeting. Foreign exchange reserves amount to $16,450.9 million. The United Arab Emirates (UAE) has confirmed the refinancing of its two deposits of $1 billion each, … Read more
A doctor treats a little girl at the Mithi Civil Hospital, in Mithi, Sindh, on May 25, 2018. — AFP/File 34% of children under five are stunted nationwide. Stunted growth is seen as the main consequence of inaction. Pakistan has the highest prevalence of stunting in South Asia. ISLAMABAD: Due to the ongoing undernourishment crisis, … Read more
Bangladesh Armed Forces Division Principal Staff Officer (PSO) Lt. Gen. SM Kamr-ul-Hassan (left) meets with Chief of Army Staff (COAS ), General Syed Asim Munir, at General Headquarters (GHQ) Rawalpindi on January 14, 2025. — ISPR The COAS reiterates the importance of joint efforts to promote peace. Lieutenant General Hassan praises the professionalism of the … Read more
Listen to the article Pakistan and Bangladesh have signed a historic agreement to establish a joint business council, marking an important step towards strengthening trade and economic cooperation between the two countries, the Federation of Chambers of Commerce and Industry said on Tuesday. Industry of Pakistan (FPCCI). The agreement comes after years of complex relations, … Read more
(From left) Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur, Chief of Army Staff (COAS) General Syed Asim Munir, and Governor Faisal Karim Kundi during a meeting in Peshawar on January 13, 2025. — ISPR Army Chief General Asim Munir said the root cause of differences between Pakistan and Afghanistan was cross-border terrorism, including the presence … Read more
Finance Minister Muhammad Aurangzeb speaks during an interview during the G20 Finance Ministers and Central Bank Governors meeting in Washington, the United States, April 18, 2024. — Reuters We would like to opt for the first sovereign Panda Bond: Aurangzeb. Moved aimed at integrating its capital markets with that of China. The minister will begin … Read more
A power generation unit in Sukkur. — Sepco Website/File The CEO of Sepco will be director of DSU, co-director of the sector commander. The DSU will report directly to the Power Division Secretary. DSU was also mandated to reduce non-technical losses. ISLAMABAD: Personnel of Pakistan Army, Federal Investigation Agency (FIA) and Inter-Services Intelligence (ISI) have … Read more
Muslim pilgrims circle the Kaaba as they perform Tawaf at the Grand Mosque, during the annual Hajj pilgrimage, in Mecca, Saudi Arabia. — Reuters/File Pakistan introduces a short Hajj program of 20 to 25 days. Pilgrims should choose accommodation in Medina for 4 to 8 days. Saudi minister assures better facilities to Pakistani pilgrims. Pakistan … Read more
Finance Minister Muhammad Aurangzeb speaks during an interview on the sidelines of the Asian Financial Forum in Hong Kong on January 13, 2025. — Screenshot via YouTube@markets Consider raising $200-250 million from Chinese investors: minister. China International Capital Corporation advises on Panda bonds. Growing countries taxis/GDP ratio at 13.5%, he said. HONG KONG: Amid the … Read more