Borrowing for infrastructure increased significantly in 2016, according to a recent report by the State Bank of Pakistan (SBP).
The SBP classifies loans taken by the construction sector in two categories: building and infrastructure.
Loans for... More
Pakistan's new Prime Minister Shahid Khaqan Abbasi on Friday (Aug 4) formed a Cabinet filled with allies of toppled leader Nawaz Sharif, in a reshuffle that appears aimed at bolstering support ahead of general... More
Peace and stability can best be achieved through complementary efforts and enhanced cooperation, agreed military officials of Pakistan and Afghanistan in a high level meeting on Friday.
“A seven-member high-level Afghan military delegation led by... More
"Military rule has always brought the country back on track, whereas civilian governments have always derailed it," former president General (retd) Pervez Musharraf said in an interview with BBC Urdu on Wednesday, during which... More
Pak Prime Minister Shahid Khaqan Abbasi on Wednesday said the new federal cabinet would be inducted withing a couple of days once the Pakistan Muslim League-Nawaz's completes consultation process.
Talking to media after a... More
The two-day dialogue between opinion makers, influential persons of the society and government has concluded almost a thousand miles away from Pakistan and India’s media hype and public eye here in Dubai.
Well-placed sources informed... More
Pakistan Muslim League-Nawaz’s (PML-N) Shahid Khaqan Abbasi, the former petroleum minister, has been elected as the country’s new prime minister.
He secured 221 votes against Pakistan Peoples’ party’s Naveed Qamar’s 47 and Sheikh Rashid’s 33.
Chief of Army Staff, General Qamar Bajwa has felicitated Chinese Army on its 90th Founding Day Monday.
The PLA observed the founding day Sunday with a powerful show displaying over 600 pieces of military hardware... More
Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan avoided taxes by establishing an offshore company in the United Kingdom, claimed a journalist who together with his colleague initiated and coordinated the Panama Papers revealations last year.
The World Bank has assured its continued neutrality and impartiality in helping India and Pakistan find an "amicable way forward" during talks over issues related to two of India's hydroelectricity projects under Indus Waters... More
Former prime minister Nawaz Sharif vacated the Prime Minister's House on Sunday and departed for Murree along with members of the Sharif family.
The former premier, his wife Kulsum Nawaz, his daughter Maryam Nawaz and... More
The Pakistan Muslim League -N’s parliamentary party on Saturday named Shehbaz Sharif as the successor of the ousted prime minister, Nawaz Sharif, and nominated former petroleum minister Shahid Khaqan Abbasi as an interim premier.
China on Friday said that the Nawaz Sharif's disqualification from public office would not affect Islamabad and Beijing's bilateral ties or the China-Pakistan Economic Corridor.
Chinese Foreign Ministry Spokesperson Lu Kang, while reacting to news of the... More
Pakistani Prime Minister Nawaz Sharif on Friday resigned from his post, his office said, hours after the Supreme Court disqualified him over corruption claims against his family.
The apex court said Nawaz is not fit... More
At 70, Pakistan seems to be a nation finally embarking on sound democratic process. At least, this is what Pakistan’s main opposition political parties seem to believe today when a popularly elected Prime Minister... More
The Supreme Court of Pakistan ordered on Friday to disqualify Prime Minister Nawaz Sharif and Finance Minister Ishaq Dar.
Announcing their verdict in the Panama Papers case, all five judges ruled to send a reference... More
Ministry of Foreign Affairs spokesperson Nafees Zakaria on Thursday expressed concern over the increase in Indian brutality in the occupied valley of Kashmir.
In his weekly media briefing at the Foreign Office, Zakaria noted that... More
Tehran will be a key player in Beijing’s multibillion-dollar One Belt, One Road initiative to resurrect the ancient Silk Road with massive international land and sea trade and transit investments.
Ground transportation infrastructure flanking Iran’s... More
While this is not for the first time that the US has started to target poppy cultivation in Afghanistan, its significance has certainly changed in the current scenario when the Trump administration is looking to put extreme pressure on the Afghan Taliban to force them to the negotiating table.... More
Delhi's foreign policy mandarins could not conceal their glee when, in a tweet on 13 November, Nepal’s Deputy Prime Minister and Energy Minister Kamal Thapa announced the scrapping of the US$2.5 billion deal with China’s Gezhouba Group to build Budhi Gandaki Hydro Electric Project. The proposed project planned to build... More
Established initially as institutions of higher studies, Madrasahs taught law, Islamic sciences and philosophy. Prior to the arrival of British, both religious and secular education was taken care of for Hindus and Muslims by their respective religious institutions together. Madrasahs taught Quran together with Tafsir Mantiq (logic), Kalam (theology)... More
Sheikh Mujib, like most of his political colleagues coming from peasant majority East Bengal had reservations about Kolkata and by extension India before 1947. He had spent his college days in Kolkata and was part of the youth leadership of Bengal Muslim League (BML) which contested both Delhi and... More
An embattled Myanmar ponders its relations with the UN, amid international criticism and the possibility of sanctions looming larger. Once the heroine of democracy and the darling of the UN, the country’s civilian leader – Aung San Suu Kyi -- has launched a diplomatic offensive to fend of international... More
For the first hundred years of American history, the United States was founded on the concept of a limited-government republic, one whose government did not intervene in the affairs of other nations, specifically in Europe and Asia. America’s non-interventionist philosophy was summed up by John... More
Power is inflationary. As countries become stronger, their interests expand beyond their borders, where they must find new ways to protect those interests. India is no exception. Its expansion, though, brings it into contact with China, a much more formidable country that competes with India... More
Indian preacher Zakir Naik is vowing to fight an extradition request sent to Malaysia regarding terrorism-related charges.
India’s National Investigation Agency (NIA) has filed terrorism charges against Naik accusing him of influencing Indian Muslims to join the Islamic State (ISIS). It also declared his Mumbai-based NGO,... More
In the context of the New Great Game in Eurasia, the New Silk Roads, known as the Belt and Road Initiative (BRI), integrates all of China’s instruments of national power – political, economic, diplomatic, financial, intellectual and cultural – to shape the 21st century geopolitical/geoeconomic... More
Just a few days ago I warned two young student leaders in Darjeeling of West Bengal, against the violent movement which has started there for a separate Gorkhaland. I told them in no way should they support this demand. This has multifarious geo-political risks. If... More