Tag: karachi
Pakistan: Fire at garment factory in Pakistan kills 4 firefighters
KARACHI: Four firefighters died and nearly a dozen others were injured after a massive fire broke out in a garment factory in the southern Pakistan…
Pakistan finance minister: Canceled trip to Washington on prime minister’s orders
KARACHI: Pakistan finance minister Ishaq Dar on Saturday said he had canceled his trip to Washington for the spring meetings of the International Monetary Fund…
Pakistan: Pakistan central bank raises rate 100bps to 21% to curb inflation
KARACHI: Pakistan’s central bank raised its key interest rate by 100 basis points to its highest-ever level on Tuesday, as the cash-strapped country bids to…
Pakistan central bank raises rate by 100 bps to 21% to rein in inflation
KARACHI: Pakistan‘s central bank raised its key interest rate by 100 basis points to its highest-ever level on Tuesday, as the cash-strapped country bids to…
Balochistan: Three killed as mild earthquake hits Pakistan’s Balochistan province
KARACHI: A mild 3.5 magnitude quake hit Pakistan‘s Balochistan province, killing three people and injuring five others when their mud-walled houses collapsed, authorities have said….
Pakistani police arrest 8 after deadly Ramadan food stampede
KARACHI (PAKISTAN): Pakistani police on Saturday arrested eight people in the southern port city of Karachi after a stampede killed 12 people at a Ramadan…
Karachi: Ramzan stampede kills 12 in Karachi
ISLAMABAD: At least 12 people, all women and children, died in a stampede on Friday at a Ramazan charity food distribution event among families of…
Pakistan: Pakistan forex reserves up $280 million to $4.6 billion on March 17
KARACHI: Pakistan‘s foreign exchange reserves held by the central bank increased by $280 million to $4.598 billion during the week ending March 17, after receiving…
Power Crisis In Karachi: Technical fault triggers power outage in Karachi, leaving 40% of the city without electricity
KARACHI: Several regions in Karachi experienced power outages on Monday due to a technical fault that caused a high tension (HT) transmission cable to trip….
Pakistan: ‘Pakistan staring at worst medicine crisis’: Essential drugs, supplies stuck at ports due to low forex reserve
NEW DELHI: Pakistan‘s worsening economic crisis and increasingly strict austerity measures, which are being implemented by the Shehbaz Sharif government in the hopes of securing…