Author Archives: Imad Khan

On Thursday, Shehbaz Sharif, the prime minister of Pakistan, and Li Qiang, his Chinese counterpart, spoke by phone to discuss bilateral cooperation in important areas, including the China-Pakistan Economic Corridor (CPEC). The Pakistani premier reportedly expressed confidence in China's peaceful development as a favourable factor for world peace and stability, according to state-run broadcaster Radio [...]

On Thursday, 180 lawmakers participated in the trust vote and declared that they had "full confidence" in Sharif's ability to lead as Prime Minister. Bilawal Bhutto-Zardari, the foreign minister, proposed the resolution for the vote of confidence, and the majority of the National Assembly members agreed. The National Assembly of the Islamic Republic of Pakistan [...]

The Central Power Purchasing Agency (CPPA) filed a tariff petition on behalf of the Discos, and the National Electric Power Regulatory Authority (Nepra) accepted it. Nepra has scheduled a public hearing for May 3 to determine whether the proposed tariff increase is justified under the monthly FCA mechanism. If approved, the Discos would charge an [...]

During a meeting with Pakistan's Chief of Army Staff (COAS), Gen. Asim Munir, in Beijing, Vice Chairman of China's Central Military Commission Zhang Youxia expressed China's willingness to strengthen and broaden military ties with Pakistan in order to jointly protect the region's peace and stability. The meeting covered topics like shared security concerns and military [...]

One of the top automakers in the nation, Toyota Indus Motor (IMC), reported a profit of Rs. 3.21 billion for the first three months of 2023. This is despite the fact that the company's profits fell by 37.1% from the same time last year. However, after two straight months of losses in the previous fiscal [...]

The United States has said that it won't object to Pakistan's recent acquisition of discounted Russian crude oil. On Tuesday, a representative for the US State Department said that when it comes to energy supplies, each nation has the right to exercise its own sovereign judgement. Following Moscow's invasion of Ukraine, the US previously imposed [...]

Pakistan’s steel and scrap iron imports have decreased by more than 50% in the current fiscal year, according to data released by the State Bank of Pakistan (SBP) on Tuesday. During the first nine months of FY23, the import of scrap iron and steel fell by 50.6% to $859.3 million, compared to $1,739.5 million during [...]

According to a Federal Board of Revenue (FBR) source, the use of smuggled mobile phones has increased in the Azad Jammu & Kashmir and Gilgit-Baltistan region as a result of the Device Identification, Registration and Blocking System (DIRBS) not being implemented. The Special Communications Organisation (SCOM), a division of the Ministry of Information Technology and [...]

Shehbaz Sharif, the Pakistani prime minister, declared on Wednesday that he thought the country's elections should be held in October or November. The government has made it clear that it will work to have the National Assembly and provincial elections held simultaneously. The Supreme Court's decision to hold elections in Punjab on May 14 was [...]

Major General Ahmed Sharif Chaudhry, the Director-General (DG) of Inter-Services Public Relations (ISPR), recently held a press conference to discuss the country's fight against terrorism. During the conference, he disclosed that as the nation battled a fresh wave of terrorism, law enforcement officials had confirmed contacts between the Tehreek-e-Taliban Pakistan (TTP), a banned organisation, Baloch [...]

17 people died as a result of the attack, including 9 officers, 3 civilians, and 5 recently detained militants who were being held there for investigation. Additionally, 70 people were injured, mostly police officers, caused by an electrical short circuit at a munitions warehouse within the premises. The facility and the surrounding areas sustained severe [...]

As part of the agreement, friendly nations will also contribute external funding totaling $2 billion from Saudi Arabia and $1 billion from the United Arab Emirates (UAE). Ishaq Dar, the finance minister, expressed optimism that the IMF would sign the agreement as soon as it was made aware of the commitments made by the two [...]

The main goals of this meeting are to plan a strategy to challenge the Supreme Court's election-related order and to discuss the possibility of holding talks with the Pakistan Tehreek-e-Insaf. PM Shehbaz Sharif called the meeting, which comes after a previous gathering where coalition parties discussed the same topic. A review of the political climate [...]

According to hospital sources, the explosion injured 57 people, three of whom were civilians. Hours after a CTD raid in Lakki Marwat resulted in the death of three suspected militants, an explosion happened on the grounds of the Counter Terrorism Department (CTD) office. The explosion took place inside the police station at around 8:20 p.m., [...]

Businesses and individuals in Pakistan are finding it difficult to deal with the challenges brought on by the economic meltdown, the devastating floods of 2022, dwindling foreign currency reserves, and global economic uncertainties as a result of the rupee's significant value decline over the past few years. Foodpanda, a startup based in Berlin that Delivery [...]

The company disclosed its Q1 2023 revenue stood at Rs21.84 billion in a filing to the Pakistan Stock Exchange (PSX), representing a significant drop of 54% from the Rs47.74 billion recorded in the same period of last year. According to Asad Ali, an auto analyst at Insight Research, the decline in revenue has primarily been [...]