Page 13 - Pakistan

Pak inflation creates new record in Jan, hits highest level after 1975

While mired in a terrible economic crisis, Pakistans inflation created a new record in January and reached the highest level after 1975, mainly due to supply constraints

IMF projects slowdown in Pakistan's GDP from 3.5% to 2%, shows report

The International Monetary Fund projected a slowdown in the Gross Domestic Product (GDP) from 3.5 per cent to 2 per cent for the current fiscal, The News International reported

Pakistan's economic turmoil moves toward deal-or-default endgame: Analysis

A devaluation of 15% in the Pakistani rupee and a rise last week in fuel prices could help eliminate some key snags, particularly as tax measures are apparently imminent

To target worshippers is unconscionable: US condemns attack in Pakistan

The US has strongly condemned the deadly suicide bombing at a mosque in Pakistan's Peshawar city on Monday, saying "terrorism is indefensible," and to "target worshippers is unconscionable." The death toll from the suicide attack rose to 100 on Tuesday after rescue workers retrieved more bodies from the debris of the devastated mosque inside a major police facility in Peshawar, capital of the restive Khyber Pakhtunkhwa province. According to Pakistani security officials, the suicide bomber who was present in the front row during the Zuhr (afternoon) prayers on Monday blew himself up, causing the roof to collapse on the worshippers -- one of Pakistan's deadliest attacks in recent years. The United States strongly condemns the terrorist attack on a mosque in Peshawar, Pakistan with reports today that the death toll has now risen to 100 people, Andrienne Watson, spokesperson of the National Security Council, White House said on Tuesday. This is tragic and heartbreaking news, and we ..

Pakistan ends electricity subsidy, revokes tariff for people of PoK

The Pakistan government revoked the tariff through the one-sided agreement draft issued to the PoK (Pakistan-occupied Kashmir), as per the report in Siasat Edit

Nuclear power plant generation expansion hit snags in Pakistan: Report

After Pakistan's Finance Ministry refused to provide a sovereign guarantee, the fifth unit of the Chashma Nuclear Power Generating Station, C5, hit a snag, Dawn reported citing sources

Pakistan's defence minister calls for unity in fight against terrorism

Pakistan's defence minister on Tuesday urged all political forces of the country to unite against terrorists who are targeting not a sect or particular segment of society but the entire nation. The statement came a day after the death toll in the terrible suicide bombing in a Peshawar mosque rose to 100, while the attack is being compared with the school bombing of 2014 which had killed around 150 people, mostly students. Khawaja Asif was asked by journalists outside the parliament building about the possibility of any fresh operation against the militants. He said that the high-level National Security Committee (NSC) would decide about launching a military operation to eliminate militancy. "This is a decision that the National Security Committee will take. Such things can be decided at a forum (like the NSC) which is able to take such major decisions," he said. Later addressing the parliament, he urged all political forces to unite against terrorists who are targeting not a sect

Latest LIVE: 12 dead in massive fire at multi-storey building in Dhanbad

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Mosque suicide blast death toll rises to 100 in Pakistan's Peshawar city

The death toll from the suicide blast rose to at least 100 on Tuesday after rescue workers retrieved more bodies from the debris of the devastated mosque inside a major police facility in Pakistan's northwestern Peshawar city. According to security officials, the suicide bomber who was present in the front row during the Zuhr (afternoon) prayers on Monday blew himself up, causing the roof to collapse on the worshippers. Lady Reading Hospital (LRH) spokesperson Mohammad Asim said that 100 bodies had been brought to the medical facility. Asim said 53 injured were currently being treated while seven had been admitted to the intensive care unit (ICU). He said that most of the injured were out of danger. Most of the victims were policemen. At least a deputy superintendent of police, five sub-inspectors and the mosque's prayer leader Maulana Sahibzada Noorul Amin were among the dead. The Tehreek-e-Taliban Pakistan (TTP), known as the Pakistani Taliban, claimed responsibility for the sui

Pak court to indict Ex-PM Imran Khan in Toshakhana reference case

A Pakistan court on Tuesday said that PTI chief and former Prime Minister Imran Khan will be indicted in connection with the Toshakhana refrence case

Inflation, loans, forex balance: The many crises for Pakistan's economy

Without a bailout package from IMF and support from others, India's neighbour will be pushed deeper into the abyss

Death toll in Pak's Peshawar suicide blast in mosque jumps to 83: Report

The death toll in a suicide bombing inside a mosque in Peshawar's Police Lines has gone up to 83 after nine more bodies were recovered from the rubble, The News International reported

Pakistan's fate at stake as rupee plunges to 250 against the dollar: Report

Pakistani's economy has reached rock bottom as the rupee plummeted to 250 against the US dollar and the value of currency depreciated

Against the flow

Pakistan has nothing to complain about the Indus Waters Treaty

61 killed, 150 injured in Taliban suicide attack at mosque in Peshawar

A Taliban suicide bomber blew himself up in a mosque packed with worshippers during afternoon prayers on Monday in the high-security zone in Pakistan's restive northwestern Peshawar city, killing at least 46 people and wounding more than 150 others, mostly policemen, officials said. The powerful blast occurred inside the mosque in the Police Lines area around 1.40 pm when worshippers, which included personnel of the police, army and bomb disposal squad - were offering the Zuhr (afternoon) prayers. The bomber who was present in the front row blew himself up, causing the roof to collapse on the worshippers, officials said. Lady Reading Hospital officials said 46 people have died and 157 others injured. There were mostly policemen and security officials among the dead and injured. The Tehreek-e-Taliban Pakistan (TTP), known as the Pakistani Taliban, claimed responsibility for the suicide attack, saying it was part of a revenge attack for slain TTP commander Umar Khalid Khurasani who w

Multiple people injured in explosion in Peshawar mosque: Officials

At least 50 people were injured when a suicide attacker blew himself up at a mosque here in the capital of Pakistan's restive province of Khyber Pakhtunkhwa on Monday, officials said. The blast occurred near the Police Lines area around 1.40 pm when the Zuhr prayers were being offered, the Dawn newspaper reported. According to security officials, the suicide attacker was present in the front row during the prayers when he exploded himself, injuring dozens of people offering prayers. The injured are being shifted to the Lady Reading Hospital in Peshawar, the officials said. Hospital sources said 13 of those injured were in a critical condition. An emergency has been imposed in the locality and the area has been cordoned off.

At least 17 dead, 83 injured at Peshawar mosque blast in Pakistan

At least 17 people were killed and 83 others injured after a blast ripped through a mosque in Pakistan's Peshawar city on Monday, officials said

Pak's deepening political-eco crisis may spill over into region: Experts

As dwindling forex reserves, nationwide power outages, stampedes at state-run food distribution centres and a Pakistani rupee, which plunged nearly 50 per cent in a year to 260 to the US dollar on Monday, propels the neighbouring country towards being an international "basket case", Indian analysts believe there could be serious consequences for the region. Amid this economic crisis, the Shahbaz Sharif government will begin crucial negotiations with the Washington-based IMF (International Monetary Fund) for a bail-out package on Tuesday which may come with "tough and possibly politically risky" pre-conditions of austerity, feeding into a bigger political crisis, they said. The risk for India would not only be instability in Pakistan with its fall-out of rising extremism in the region but also unpredictable actions which could include bids to divert domestic public attention by focussing on an external enemy. "The current economic crisis is feeding into the ongoing political crisis .

Pak minister says cyber attack could be behind nationwide power breakdown

Pakistan's Minister for Power Khurram Dastgir said the government is probing the massive January 22 electricity outage across the country from different angles

Imran Khan's party to contest bypolls in all 33 vacant parliamentary seats

Earlier, on Friday, The Election Commission of Pakistan (ECP) announced that bypolls to 33 NA seats would be held on March 16