News Archive - Page 181

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Pakistan inflation hits a 19-month high in March

Pakistan inflation hits a 19-month high in March

Pakistan’s inflation climbed to its highest point in 19 months in March, with consumer, wholesale and core indicators all showing renewed pressure. The trend raises concerns over household costs and the wider economic policy outlook.

Business
Frozen dessert giants penalized over misleading ice cream ads

Frozen dessert giants penalized over misleading ice cream ads

Pakistan’s competition watchdog has enforced fines against two frozen dessert makers for marketing their products as ice cream. The ruling reinforces stricter standards on food labeling, advertising accuracy and consumer protection.

Business
SBP opens the banking system to teenagers in Pakistan

SBP opens the banking system to teenagers in Pakistan

Pakistan’s central bank has launched a framework allowing teenagers to independently run bank accounts and digital wallets. The move is aimed at financial inclusion, youth empowerment and building early familiarity with formal finance.

Business
Schools and universities reopen in Islamabad and Rawalpindi

Schools and universities reopen in Islamabad and Rawalpindi

Islamabad and Rawalpindi reopened schools, colleges and universities after a prolonged closure tied to fuel-saving measures. Authorities said admissions and classes would now resume under a phased return to normal academic activity.

General
Pakistan weighs shipping fallback after limited Hormuz access

Pakistan weighs shipping fallback after limited Hormuz access

Pakistan is reviewing contingency shipping measures after securing limited passage for its flagged vessels through the Strait of Hormuz. The move is aimed at protecting critical imports as the Middle East conflict continues to strain energy and trade routes.

Business
Shehbaz asks finance ministry, IMF to ease fuel levy burden amid price surge

Shehbaz asks finance ministry, IMF to ease fuel levy burden amid price surge

Prime Minister Shehbaz Sharif has asked the Finance Division to approach the IMF about adjusting Pakistan’s fuel levy to avoid sharp increases in petrol and diesel prices amid a global oil shock. The government is already collecting levies of Rs100 per litre on petrol and Rs55 on diesel and has spent Rs129 billion on subsidies, forcing cuts to development spending. Islamabad now seeks a formula that can protect consumers while keeping the IMF programme on track.

Politics
Pakistan forces eliminate 13 India-backed militants in KP operations

Pakistan forces eliminate 13 India-backed militants in KP operations

Security forces conducted two intelligence-based operations in Khyber and Bannu districts of Khyber Pakhtunkhwa, killing 13 militants described as India-backed. The raids are part of a wider counterterrorism campaign launched after a spike in cross-border attacks following the Afghan Taliban’s return to power. Officials say operations will continue until militant networks and their foreign support structures are dismantled.

Politics
Shipping firms and traders reach pricing transparency deal

Shipping firms and traders reach pricing transparency deal

Pakistan's shipping and trade stakeholders have agreed on clearer pricing and stricter transparency rules amid regional shipping disruptions. The move is intended to curb arbitrary charges and protect traders from conflict-related logistics shocks.

Business
IOM says 109 Pakistanis died or vanished on irregular routes

IOM says 109 Pakistanis died or vanished on irregular routes

The IOM says 109 Pakistanis died or went missing last year during irregular migration attempts, making Pakistan one of the worst-affected countries in the region. The agency warned that the true death toll is likely higher than recorded figures.

General
PSL clash washed out as Lahore rain halts play

PSL clash washed out as Lahore rain halts play

A much-awaited PSL 11 meeting between Islamabad United and Peshawar Zalmi was abandoned after severe rain in Lahore. Both teams took a point each, making the washout one of the day's most viral sports stories in Pakistan.

Sports
Pakistan and China push urgent Iran war talks

Pakistan and China push urgent Iran war talks

Pakistan and China have jointly pressed for an immediate end to strikes involving the US, Israel and Iran and called for urgent dialogue. They also urged protection of shipping routes and civilian infrastructure amid the widening regional crisis.

Politics