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12

Forex reserves to reach $9-10bn by end of June, says finance minister

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Finance Minister Muhammad Aurangzeb said on Tuesday that Pakistan’s foreign exchange reserves would reach “anywhere between $9 to $10 billion” by the end of June.

11

Asia hit hardest by climate, weather disasters in 2023: UN

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Global temperatures hit record highs last year, and the UN’s weather and climate agency said Asia was warming at a particularly rapid pace.

In visit to Lahore, Raisi highlights ‘special connection’ with Pakistani people

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Iranian President Ebrahim Raisi arrived in Lahore on Tuesday morning and visited Allama Iqbal’s mausoleum, where he highlighted a “special connection” with the Pakistani people.

09

Tensions flare at US universities over Gaza protests

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Tensions flared between pro-Palestinian student protesters and school administrators at several US universities on Monday, as in-person classes were cancelled and demonstrators arrested.

08

The crooked timber of Modi’s India

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WHEN Parakala Prabhakar published his essays in April last year in a book titled The Crooked Timber of New India: Essays on a Republic in Crisis, one ignored it on suspicion that as husband of Finance Minister Nirmala Sitharaman he could…

Cotton crop outlook bleak for Punjab

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LAHORE: The outlook for the upcoming cotton crop season appears bleak due to unfavourable weather conditions, insufficient irrigation water, and the government’s tepid response to resolve the growers’ issues.

IHC full court to take up ‘meddling’ issue today

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ISLAMABAD: A full court meeting of the Islam­abad High Court (IHC) will deliberate upon proposals on Tuesday (today) to finalise the same before their submission to the Supreme Court in a matter related to the alleged meddling by personnel…

Foreign direct investment jumps 51pc

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KARACHI: Foreign Direct Investment (FDI) jumped by 51.7 per cent to $258 million in March compared to $170m in the same month last year.

07

NA witnesses rare ‘give-and-take’ goodwill gestures

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ISLAMABAD: In a surprise display of conciliation in the National Assembly, opposition Pakistan Tehreek-i-Insaf (PTI) on Monday offered “cooperation and constructive engagement” in the parliamentary proceedings, as the government made a…

IMF board to approve $1.1bn on 29th

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WASHINGTON: The Executive Board of the International Monetary Fund (IMF) will meet on April 29 to finalise its last review of Pakistan’s $3 billion Stand-By Arrangement (SBA).

Why wasn’t cipher shown to trial court, IHC judge asks FIA

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ISLAMABAD: The Isla­mabad High Court (IHC) asked the special prosecutor of the Federal Investi­ga­tion Agency (FIA) on Monday why a copy of the cipher or its content had not been shared with the trial court judge, when the entire…

13 ‘terrorists’ killed in KP, Balochistan in 48 hours

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PESHAWAR / QUETTA: Security forces on Tuesday claimed to have eliminated thirteen alleged terrorists in three operations in Khy­ber Pakhtunkhwa and Balochistan, over the past 48 hours.

NAB agrees to end criminal proceedings against President Zardari

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ISLAMABAD: The National Accountability Bureau (NAB) has consented to an application seeking an end to criminal proceedings against President Asif Ali Zardari.

06

Floods swamp China

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Buildings and streets are flooded after heavy rains hit China’s southern Guangdong province.—AFP

Israeli intelligence head resigns over Oct 7 failures

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JERUSALEM: The head of Israeli military intelligence has resigned after accepting responsibility for the failures that allowed the devastating Hamas-led attack on Israel on Oct 7, the military said on Monday.

Prosecutors lay out ‘criminal conspiracy’ in Trump trial

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NEW YORK: Donald Trump eng­aged in a multi-layered conspiracy of fraud, lies and cover-ups, prosecutors said on Monday during opening arguments in the first ever criminal trial of a former US president.

05

Supreme Court issues notices to ECP, AGP in candidate’s ‘identity theft’ case

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ISLAMABAD: The Supreme Court on Monday issued notices to the Election Commission of Pakistan (ECP), attorney general (AGP) and MNA Sadaf Ihsan in an impersonation case, filed by the Jamiat Ulema-i-Islam (JUI-F).

IT exports surge to $306m in March

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ISLAMABAD: Pakistan recorded the highest-ever monthly IT exports of $306 million in March, posting a 37 per cent rise over the corresponding month last year.

Shanghai Electric pulls offer to buy KE

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KARACHI: Shanghai Electric Power Company withdrew its offer to acquire up to 66.4 per cent of K-Electric Ltd, the manager of the offer said in a notice to the Pakistan Stock Exchange on Monday.

Mari finds oil in Sindh

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ISLAMABAD: Mari Petroleum Company Ltd (MPCL) announced on Monday that it had discovered a new hydrocarbon resource in Daharki, Sindh.

Refineries oppose Ogra’s pricing deregulation model

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ISLAMABAD: Strongly opposing the petroleum pricing deregulation model suggested by the Oil and Gas Regulatory Authority (Ogra), the oil refineries have started shutting down their refining units due to storage constraints caused by…

Current account posts highest surplus in 9 years

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KARACHI: The current account posted a nine-year-high surplus in March, making it possible for the country to bring down the overall deficit to below $1 billion during the July-March period of FY24.

Katcha dacoits of Sindh won’t find refuge in Nasirabad: DIG

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DERA MURAD JA­­MALI: The Nasirabad Range DIG, Malik Saleem Lehri, said on Monday the dacoits from Sindh’s katcha areas will not be allowed to take refuge in any of the bordering districts in Balochistan.

Nawaz Sharif heads to China for low-key visit

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LAHORE: PML-N supreme leader Nawaz Sharif on Monday left for China on a ‘low-profile’ five-day visit, with the ruling party refusing to divulge details about the nature of his trip.

PTI alleges role of intelligence agencies in election rigging

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ISLAMABAD: Just a day after by-elections held across the country, Pakistan Tehreek-i-Insaf (PTI) leaders alleged that intelligence and security agencies had played a role in rigging the polls.

Monday, Apr 22

22

KP police arrest 3 for alleged honour killing case in Kolai Pallas

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Three suspects were arrested on Monday for an alleged honour killing in the Bataira area of Khyber Pakhtunkhwa’s Kolai Pallas district, according to the police.

19

Shibli Faraz appointed Senate opposition leader

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PTI Senator Shibli Faraz was appointed the new opposition leader in the Senate on Monday.

18

Southern China storms kill four, force mass evacuations

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Four people are dead and 10 others missing following storms that battered southern China, state media said on Monday, with tens of thousands evacuated from areas hit by torrential downpours.

17

Modi accused of targeting Muslims in election speech

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India’s main opposition Congress party filed a complaint to the Election Commission on Monday accusing Hindu nationalist Prime Minister Narendra Modi of “blatantly targeting” minority Muslims in a campaign speech.

16

Trump hush-money trial kicks off with opening statements in New York

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Donald Trump on Monday will hear prosecutors explain why his alleged cover-up of a hush money payment to an adult film star during his 2016 campaign broke the law, as the first-ever criminal trial of a former United States president begins…