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ISLAMABAD (ID NEWS) : The State Bank of Pakistan (SBP) reported on Thursday that its foreign exchange reserves have reached a 32-month high. According to the latest weekly data released, the SBP’s dollar reserves saw an increase of $131 million, bringing the total to $11.419billion. The staggering rise had reflected the robust inflows and improved financial stability. Meanwhile, the country’s overall foreign exchange reserves grew by $109million over the week to reach $16.076 billion. The commercial bank reserves had experienced a decline, dropping by $22 million to $4.658 billion.

ISLAMABAD (ID NEWS) : Security forces eliminated four Khwarij, including their ring leader, Batoor, during an intelligence-based operation (IBO) in the Bagh area of Khyber District. According to the Inter-Services Public Relations (ISPR), the operation, carried out on the reported presence of the terrorist group, also left three Khwarij injured. The troops swiftly traced the location of the militants during the operation and neutralised key threats. A subsequent sanitisation effort is underway to ensure the complete elimination of any remaining Khwarij elements in the area. Moreover, the security forces expressed their resolve to end the menace of terrorism and restore…

ISLAMABAD (ID NEWS) : The core committee of the Pakistan Tehreek-e-Insaf (PTI) has raised critical questions about the events surrounding the violent protest at Islamabad’s D-Chowk. Chaired by Barrister Gohar, the committee questioned why workers were diverted to D-Chowk instead of Sangjani, where the protest was initially planned. The committee demanded accountability, asking who instigated the clash and why founder Imran Khan’s directive for peaceful negotiations was ignored. “Who obstructed the negotiations when the PTI founder allowed them, and pushed the protest towards D-Chowk without coming forward themselves?” the committee inquired, highlighting the need to identify those responsible for escalating tensions.…

ISLAMABAD (ID NEWS) : South African fast bowler Marco Jansen’s (7-13) bowling brilliance helped the Proteas bundle out Sri Lanka for a record-low total of 42 in the visitors’ first innings on the second day of the first Test at the Kingsmead in Durban on Thursday. This dismal display marked Sri Lanka’s lowest-ever innings total, breaking their previous record of 71 against Pakistan in Kandy in 1994. Globally, it is the third-lowest total in Test history, with New Zealand holding the record of 26 against England in Auckland in 1955. The innings lasted only 83 balls, making it the second-shortest…

ISLAMABAD (ID NEWS) : The federal government has approved a series of special security measures to protect the capital from miscreants, including the creation of a dedicated security force under the Islamabad Police to strengthen law and order.  Prime Minister Shehbaz Sharif has directed the swift establishment of a Law and Order Division to oversee the new force. The special security force will focus on maintaining order in Islamabad and ensuring the safety of its residents amidst concerns over potential riots. The Special Protection Unit (SPU) meant for safeguarding Chinese residents in Islamabad will function separately. This unit will also…

ISLAMABAD (ID NEWS) : The China International Culture Communication Center (CICCC) and the Embassy of Pakistan in China inaugurated a photography exhibition in Beijing, showcasing 30 photos captured during a 2023 Chinese delegation’s visit to Pakistan. The collection highlights Islamabad’s scenic beauty, the historic Taxila ruins, and Buddhist relics, emphasizing Pakistan’s rich heritage and its deep ties with China. CICCC executive chairman Long Yuxiang discussed cultural, economic, and trade collaboration with Pakistan’s Ambassador Khalil Hashmi, announcing plans for cultural exchange programs in both countries. As the 75th anniversary of China-Pakistan diplomatic relations approaches in 2026, both sides aim to strengthen…

ISLAMABAD (ID NEWS) : The panoramic solutions for the whole industrial chain of agricultural water-saving irrigation could systematically meet the agricultural needs of different regions and climates. “Besides Pakistan, we have also provided targeted solutions in ASEAN countries including Indonesia, Malaysia, Vietnam, as well as Central Asia, Africa and as far as South America,” a staff at Chinese water-saving industry leader, Tianjin Dayu Irrigation Group Co., Ltd, told China Economic Net at ongoing 2nd China International Supply Chain Expo (CISCE). At the beginning of this year, the first batch of equipment for the Million Acres of green Pakistan Smart Farm…

ISLAMABAD (ID NEWS) : “China-Pakistan Belt and Road Joint Laboratory on Small Hydropower Technology: Collaborative Efforts to Alleviate Poverty in Pakistan” by Ministry of Water Resources of China and National Research Institute for Rural Electrification of the Ministry of Water Resources of China recently won the Best Poverty Reduction Practice Award at the 2024 International Seminar on Global Poverty Reduction Partnerships in Beijing. Though boasting an abundance of hydropower resources, Pakistan is still facing issues such as power shortage and unstable grids because of lack of advanced technology for resource development and equipment manufacture. Inaugurated in 2015, China-Pakistan Belt and…

ISLAMABAD (ID NEWS) : The Chinese and Indian militaries should strictly abide by the recent common understandings reached by the two sides to de-escalate tensions at the border areas, make efforts to bring down the tensions and focus on enhancing mutual trust and exchanges between the two countries, Chinese Defense Ministry Spokesman, Senior Col. Wu Qian said on Thursday. “We hope the two sides can seize the opportunity and build new momentum to make new progress in the military-to-military relations,” he said during his monthly briefing. He said that the militaries of China and India are making great progress in…

ISLAMABAD (ID NEWS) : China-Pakistan Economic Corridor Chili Project has earned reward at the 2nd China International Supply Chain Expo (CISCE) which officially commenced on November 26. During a featured event—the Trade Promotion Think Tank Exchange and the release of the “One Report, Two Indices” an awards ceremony was held for the Global Supply Chain Promotion Research Competition. Among the recognized works, the report titled “Enhancing the Quality of Green Agricultural Supply Chains under China-Pakistan Economic Corridor: A Case Study of the Pakistan-China Chili Project”, co-authored by Prof. Song Zhihui from Sichuan University’s Pakistan Study Center and Dr. Liu Yajing…