SBP faces dilemma as supply-side pressures clash with need to protect 3.89% GDP growth KARACHI: Brokerage houses have suggested ahead of the State Bank of Pakistan’s (SBP) upcoming Monetary Policy Committee (MPC) meeting that a policy rate hike would be counterproductive and lead to overcorrection. In its latest preview, Arif Habib Limited (AHL) argued that…
Iranian foreign ministry spokesperson says Tehran’s concerns would be conveyed to mediator Pakistan Iranian Foreign Minister Abbas Araghchi talks with Foreign Minister Mohammad Ishaq Dar and Chief of Army Staff, Field Marshal Asim Munir during a meeting in Islamabad, Pakistan. PHOTO: MINISTRY OF INFORMATION US negotiators are scheduled to leave for Pakistan on Saturday, but Iran…
. KYIV: Ukrainian President Volodymyr Zelenskiy on Friday visited Saudi Arabia for the second time in a month, as Kyiv seeks to bolster security co-operation and advertise its battle-tested technology in the Middle East amid the Iran war. Zelenskiy said he discussed defence, energy and food security co-operation during a “very productive” meeting with Crown…
LODHRAN: JUI-F chief Maulana Fazlur Rehman has demanded free, fair and credible elections in the country, saying the current government does not enjoy public confidence. Speaking to the media in Lodhran on Friday, Fazl said his party calls for elections that truly represent the will of the people and are accepted by the masses. “We…
KARACHI: Senior American journalist and renowned author Fareed Zakaria has said that United States President Donald Trump would need to “give up something” to secure a deal with Iran to end the conflict. In an interview on Express 24/7 programme ‘Full Frame’ with host Fahd Husain, Zakaria said President Trump would want a deal that…
Araghchi arrives in Islamabad in major diplomatic breakthrough US envoys Witkoff, Kushner to land today Iran Deputy Prime Minister Ishaq Dar and CDF Field Marshal Asim Munir receive Iranian Foreign Minister Abbas Araghchi on his arrival in Islamabad. PHOTO: X/Tahir Andrabi ISLAMABAD: After days of uncertainty and pessimism, Islamabad is back in…
WASHINGTON: US Defense Secretary Pete Hegseth said on Friday that a US blockade on Iran is going global, adding Tehran had a chance to make a “good deal” with Washington. “Our blockade is growing and going global,” Hegseth told reporters. “No one sails from the Strait of Hormuz to anywhere in the world without the…
RAWALPINDI: Security forces and law enforcement agencies killed 22 terrorists in a joint intelligence-based operation (IBO) in Khyber-Pakhtunkhwa’s Khyber district, the military’s media wing said on Friday. Inter-Services Public Relations (ISPR) said the terrorists belonged to India-sponsored Fitna al Khawarij. Fitna al Khawarij is a term the state uses for terrorists belonging to the banned…
ISLAMABAD: Prime Minister Shehbaz Sharif on Friday jacked up prices of both high speed diesel and petrol by Rs27 per liter despite no increase was required in the rates of petrol and to push its price higher the premier imposed nearly Rs27 per liter more tax on fuel. Accordingly, the high speed diesel price has…
. DIJKOT: A man has been arrested for allegedly throwing acid on his wife following a domestic dispute, leaving her with severe burns to her face and body. According to police, the suspect, Zeeshan Ali, attacked his 31-year-old wife, Ishrat Fatima, during a domestic quarrel. Rescue 1122 shifted the injured woman to Nusrat Fateh Ali…