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PAKISTAN AUSTERITY
Iran war triggers global race to build oil reservesVulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push f...- Iran war puts Bangladesh’s nascent industrial dreams at riskBangladesh's economic growth is threatened by an energy shortage, leaving new industrial facilities idle. The country faces painful impacts...
- Pakistan: Market timings revised in Islamabad amid austerity driveIslamabad businesses are required to close by 8 pm from Monday. This is part of the government's austerity measures to conserve energy. Res...
- Fire or ice: Why a ceasefire in the Gulf cannot holdAs the specter of renewed conflict between the US and Iran looms, the Strait of Hormuz stands at the center of this brewing storm. A fresh ...
- The battle for Hormuz risks sparking the next Iran clashIran is now controlling passage through the Strait of Hormuz. This new arrangement could continue even after the current conflict ends. Gul...
- What happens if the UK's Starmer quits, or is challenged? | ExplainerKeir Starmer is facing mounting scrutiny as the leader of the Labour Party, with numerous MPs urging him to either announce a resignation t...
- Pakistan extends countrywide austerity drive after US, Iran fail to strike dealPakistan Prime Minister Shehbaz Sharif has extended nationwide austerity measures until June 13 amid continuing uncertainty over the Iran c...
- Air India delays salary hikes, pushes cost cuts amid volatile FY26 outlookAir India is tightening its belt. Facing global challenges, the airline is cutting costs. This move comes after significant expansion. Mana...
- How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
- West Asia ceasefire: Background story of how Pakistan brokered a truce between Trump & IranPakistan has emerged as a key intermediary between Iran and the United States to secure a temporary ceasefire and host negotiations to end ...
- 'Mediator' Pakistan feels the heat as petrol price breaches PKR 450, diesel goes over 500 due to Middle East warPakistan petrol, diesel prices: The petrol price in cash-strapped Pakistan has increased to PKR 458.40 rupees per litre and diesel has brea...
- No fans, no fireworks as Pakistan T20 league begins with a hushThe Pakistan Super League has commenced in Lahore with matches played without spectators. Organisers cited the war in the Middle East and P...
- Pakistan PM approves up to 30% salary cuts in state firms amid fuel crisisPakistan's Prime Minister Shehbaz Sharif has approved salary cuts for employees of state-owned firms. Deductions will range from five to th...
- Pakistan PM orders ban on red carpets at official eventsExpressing dissatisfaction with the practice of laying out red carpets during the visits of federal ministers and senior officials, the Pri...
- Pak government orders Foreign Office to slash missions abroad as part of austerity measures: ReportIn a directive titled "Rationalisation of Foreign Mission Abroad" issued by the Prime Minister's Office (PMO) on Tuesday, Sharif also deman...
- Pakistan government launches its own mineral water to cut costsMinister for Science and Technology Fawad Chaudhry said the bottled water called Safe Drinking Water would be a cheaper alternative to othe...
- Pakistan slashes non-salary budget by 10%The Express Tribune reported that the move will help save nearly Rs 10 billion in the remainder period of fiscal year (2018-19) but would n...
- Pakistan austerity drive needs Khan-do spiritSelling cars and buffaloes did not net much; how about the PM’s cricket gear?
- Pakistan's austerity car auction falls short, new PM Khan commutes by helicopterThe auction on Monday raised about 200 million rupees ($1.6 million), government official Mohammad Asif told local Geo TV. That is just one...
- Imran Khan opts for simple oath ceremony, not to invite foreign leadersHis party had initially planned to invite several foreign leaders and personalities, including Prime Minister Narendra Modi.
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