Pakistan

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Will ask oil producing nations to build crude buffers at Energy City in Gwadar

SBP holdings jump $1.21b to $17.08b on IMF inflows, bond proceeds

Formal sector volumes plunge 45%, fruit procurement drops over 50% after 20% FED

Govt commits to achieving primary budget surplus target of 2% of GDP

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Experts say move must ensure financial diversification not just add to debt pile

Govt approves Rs5.3b helicopter for Diamer Basha dam as Iqbal flags poor management

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KSE-100 index jumps amid hopes of US-Iran dialogue success, China visit buzz

Production sharing agreements signed after nearly two-decade gap

A five-day-old group that channels Gen Z concerns has gone viral in India, overtaking Instagram followers of the ruling Bharatiya Janata Party (BJP), discussing issues like politics, inflation and unemployment — with a touch of humour. The Cockroach Janta Party (CJP) has amassed nearly 15 million followers on Instagram in less than a week, compared with fewer than nine million for Prime Minister Narendra Modi’s BJP, which says it is the world’s largest political party. The CJP, whose logo is an outline of a cockroach on a mobile phone, calls itself the “Voice of the Lazy and Unemployed.” The group’s 30-year-old founder, Abhijeet Dipke, told Reuters the CJP was so named because of comments by Chief Justice Surya Kant last week comparing some unemployed youth to cockroaches. Kant later said he did not mean to criticise young people but was referring to those with fake and bogus degrees who were like parasites. “This is a movement to change the political discourse of India,” Dipke said from Boston, where he has ...

Govt deploys municipal authorities, Suthra Punjab officials across province

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Rising fuel, input costs make tractor farming unaffordable for small growers

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Prime Minister Shehbaz Sharif on Thursday lauded the “steadfast” Pakistan–China friendship, maintaining that Beijing has supported Islamabad in an “unwavering fashion unmatched in the annals of history”. The premier was addressing a ceremony in Islamabad to mark the 75th anniversary of Pakistan–China diplomatic relations. The prime minister began his speech by extending felicitations to the Chinese leadership and people on behalf of the government and people of Pakistan. “Seventy-five years ago, our founding fathers laid the foundation of our bilateral diplomatic relations,” he said, adding: “Pakistan was the first Muslim country to recognise China and one of the first countries in the world to do so.” “Through our mutual efforts and endeavours, and above all, sincerity of purpose, we have built a relationship that is second to none and very unique in the world,” he said. He said that throughout these 75 years, the Chinese leadership and people have stood with Pakistan like a “solid rock”. “Earthquakes, flood...