Tag: karachi

Pakistan: Fire at garment factory in Pakistan kills 4 firefighters
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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…

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Pakistan finance minister: Canceled trip to Washington on prime minister's orders
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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…

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Pakistan: Pakistan central bank raises rate 100bps to 21% to curb inflation
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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…

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Pakistan central bank raises rate by 100 bps to 21% to rein in inflation
Posted in Pakistan News

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…

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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….

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Pakistani police arrest 8 after deadly Ramadan food stampede
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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…

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Karachi: Ramzan stampede kills 12 in Karachi
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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…

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Pakistan: Pakistan forex reserves up $280 million to $4.6 billion on March 17
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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…

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Power Crisis In Karachi: Technical fault triggers power outage in Karachi, leaving 40% of the city without electricity
Posted in Pakistan News

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….

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Pakistan: 'Pakistan staring at worst medicine crisis': Essential drugs, supplies stuck at ports due to low forex reserve
Posted in Pakistan News

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…

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