Balochistan suspends mobile, internet services on Pakistan Day over security concerns

Shutdown in Pishin coincides with PkMAP rally led by Achakzai with K-P CM, PTI leaders in attendance QUETTA: Mobile and internet services have been suspended in Quetta and most districts of Balochistan on the occasion of Pakistan Day due to security concerns, officials said on Monday. In the provincial capital, the Green and Pink bus … Read more

Western weather system to lash Balochistan, Sindh between March 25-28

Karachi to face strong winds, sudden heavy rain as above-normal temperatures set to amplify system KARACHI: A western weather system is likely to affect the country between March 25 and 28, with its effects expected to be more pronounced in Balochistan, the Meteorological Department warned on Monday. According to Anjum Nazir Zaigham, Deputy Director of … Read more

China, Hong Kong stocks tumble as escalating Iran war rattles markets

‘For China, the impact hinges on both the demand and supply situation outside of China’ China and Hong Kong stocks fell sharply in early trading on Monday, as the escalating Middle East war roiled global financial markets. Both China’s blue-chip CSI300 Index and the Shanghai Composite Index lost roughly 2% at the open. Hong Kong’s … Read more

Marseille downed by Lille in Ligue 1 as Lyon’s struggles continue

Olivier Giroud (C) headed home to complete the comeback for fifth-placed Lille. Photo: AFP MARSEILLE: Olivier Giroud came off the bench for Lille to condemn Marseille to a 2-1 home defeat on Sunday as fellow European contenders Lyon’s woes continued with another defeat. Ethan Nwaneri’s first-half goal seemed to have put Marseille on course for … Read more

CTD busts terrorists involved in track attacks

. KARACHI: Sindh’s Counter-Terrorism Department (CTD), in a joint operation with intelligence agencies, arrested five terrorists belonging to a banned terrorist outfit — the Baloch Republican Guard (BRG) — foiling a planned series of attacks on railway tracks, officials said on Sunday. Addressing a press conference at the CTD headquarters in Karachi, DIG CTD Captain … Read more

Markets before institutions

Public financial management (PFM) reforms. PHOTO: FILE ISLAMABAD: A common critique of market economics, especially in the developing world, is that it needs perfect institutions to work. These market imperfections, such as monopolies, dominance of firms, state capture by interest groups, weak rule of law, and information asymmetry, pose structural problems for markets to function, … Read more

Living on borrowed dollars

KARACHI: Pakistan’s external sector is once again under scrutiny as the country prepares to meet a $1 billion Eurobond repayment due shortly after Eid, a development that has reignited concerns about foreign exchange reserves, debt sustainability, and continued reliance on multilateral support. While policymakers project confidence in meeting the obligation, the repayment highlights the persistent … Read more