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KARACHI: The State Bank of Pakistan (SBP) has received $2.75 billion in Special Drawing Rights (SDRs) from the International Monetary Fund (IMF), bringing the central bank’s foreign exchange holdings to an all-time high of $20.14 billion. The central bank’s foreign currency reserves on August 27 were $20,145.6 million, according toContinue Reading

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ISLAMABAD: In-absentia funeral prayers were given at the Faisal Mosque in Islamabad on Friday for Syed Ali Geelani, the leader of the Kashmiri independence movement. President Arif Alvi, federal ministers, lawmakers, other government officials, and hundreds of others delivered funeral prayers. Moeed Yusuf, the National Security Adviser, Lt Gen FaizContinue Reading

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ISLAMABAD: Food security and improved nutrition are significant issues for developing nations, Prime Minister Imran Khan said on Friday, adding that China’s revolutionary Juncao technology may help with poverty reduction and long-term growth. “Such innovative, affordable, and environmentally friendly technologies may help catalyse our progress toward achieving the first twoContinue Reading

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On Monday, delegations from three parliamentary committees were briefed on the country’s security situation, particularly the situation at the borders and the army’s attempts to maintain peace and stability. Members of the Senate and National Assembly’s Kashmir and defence committees were among those who visited the GHQ, according to aContinue Reading

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ISLAMABAD: Pakistan’s Acting Chief Justice, Umar Ata Bandial, has taken note of the arrest of a private company’s CEO, Saif-ur-Rehman, from the Supreme Court’s premises in the Mudaraba fraud case, and has requested clarification from the National Accountability Bureau (NAB). The National Accountability Bureau (NAB) detained Saif-ur-Rehman in the MudarabaContinue Reading

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LAHORE, Pakistan — Young physicians resumed their protest against the National Licensing Examination (NLE) outside the Examination Center opposite Sapphire Hall in Lahore’s Barkat Market on Sunday. According to reports, police have surrounded the area and deployed pepper spray to disperse the demonstrators. House offices from other hospitals have alsoContinue Reading