At least 14 people were killed and 54 injured when a powerful car bomb rocked a town in northwestern Pakistan on Saturday, Pakistani daily Dawn reported. 

The explosion took place near a bus stand in the middle of a busy market called "Landi Kotal" in Khyber tribal district, near Afghan border on Saturday morning. 

According to the latest television reports, nearly ten people died on the spot while four other succumbed to their injuries in the hospital. The death toll is on rise, officials said.

Reportedly, the bomb was planted in a pick-up-truck in the busy marketplace. Several shops are destroyed and burnt as a gas cylinder exploded in a bakery shop resulting in immense fire and more casualties. The death toll is likely to rise, a Pakistani daily reported.

The injured are being taken to Peshawar hospital.

No Islamist group has claimed the responsibility for the attack but sources said that it could be targeted at the members of the pro-government Zakha Khel tribe that opposed a local warlord.

In another incident, bomb disposal squad defused another bomb at Kohta road in Peshawar. An official said that the bomb was hidden in a pressure cooker and left on the roadside.

It may be recalled that a serial bomb blast rocked several cities across Iraq on June 13, killing at least 70 people and injuring over 200. The attacks apparently targeting the Shi'ite pilgrims, who are celebrating a religious festival across the country, was one of the deadliest days since the United States withdrew its troops in December. Car bombs exploded when the pilgrims were marching to the shrine of Imam Moussa al-Kadhim in Baghdad to mark the mark his death anniversary. 

In a similar incident in Libya's city of Benghazi earlier this month, a car bomb exploded near a prominent hotel in the city.