Category: English

The federal government on Wednesday reduced the prices of petrol and high-speed diesel (HSD) for the third consecutive day, announcing cuts of Rs7.06 and Rs3.71 per litre, respectively, for November 5. According to a notification issued by the Petroleum Division, the price of petrol has been reduced from Rs369.06 to Rs362 per litre, while diesel will now cost Rs387.81 per litre, down from Rs391.52. The revised prices will take effect at midnight and remain applicable for one day, November 5, 2026. The notification said the Oil and Gas Regulatory Authority…

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Turkiye’s parliament is set to ratify a defence pact on Wednesday with Saudi Arabia and Pakistan that includes a collective defence clause, committing NATO’s second-largest army to Riyadh’s defence as it faces attacks ​by Yemen’s Iran-backed Houthis. Ratification gives Ankara a formal mutual defence obligation toward Saudi Arabia, but ‌it does not, on its own, send Turkish forces there. Deploying military personnel would require a separate mandate from parliament. Turkiye submitted the Makkah Joint Defence Agreement — signed by the three countries in August — to parliament for ratification last…

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Democrats seized control of both the Senate and House of Representatives on Tuesday, scoring sweeping victories in Republican strongholds for the first time in generations as tens of millions of voters delivered a scathing rebuke to President Donald Trump. Voters in conservative ​bastions who had propelled the president to his second term in office just two years ago swung dramatically toward Democrats, fueled by deep frustration over the unpopular war with Iran, anxiety over the high cost of living and anger at ‌Trump’s stewardship of the country. In Texas, the…

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Hours after US voters stripped President Donald Trump’s Republicans of control of Congress, partly over the Iran war, thousands gathered Wednesday outside the former US embassy in Tehran for an annual anti-American rally. Chants of “Death to America” and “Death to Israel” echoed through central Tehran as demonstrators waved Iranian flags and carried banners denouncing Washington and Israel. One banner depicted Trump as a blood-stained bulldog on a leash held by a devil-like figure resembling Israeli Prime Minister Benjamin Netanyahu. Others called for revenge for the slain supreme leader Ayatollah…

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Prime Minister Shehbaz Sharif said on Wednesday the government is making all-out efforts to ensure adequate supplies of liquefied natural gas (LNG), liquefied petroleum gas (LPG) and oil this winter, despite rising international prices and disruption to maritime routes. Chairing a federal cabinet meeting, he said the government is meeting every two to three days to review energy requirements and finalise contingency and coordination plans. He added that every effort would be made to keep power plants running and limit the impact of higher energy prices on the public. The…

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Iran’s Supreme Leader  Mojtaba Khamenei warned on Wednesday that the Middle East war would widen if the US resumes its attacks, dismissing hopes of a policy shift in Washington after midterm elections dealt a blow to President Donald Trump. Trump has recently threatened to renew the war against Iran amid similar rhetoric from Israeli Prime Minister Benjamin Netanyahu, but on Tuesday he suffered a resounding defeat in polls that will strip his Republicans of control over Congress. The results could constrain Trump’s ability to enact his agenda, though the president…

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The federal cabinet on Wednesday approved new designs for Pakistan’s currency notes and the introduction of a Rs10 coin to replace the existing Rs10 banknote. The decisions were taken at a cabinet meeting chaired by Prime Minister Shehbaz Sharif, which also discussed administrative matters in Khyber Pakhtunkhwa and defence cooperation between Pakistan and Kuwait, among other issues. The cabinet approved the new currency note designs on the recommendation of the Ministry of Finance. It was briefed in detail on the proposed designs and the process followed for their preparation. Officials…

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Governments and politicians around the world reacted to the Democrats winning the US midterm elections, a result that could have major implications for global trade, security and energy prices. Here is a selection of the reactions: Iranian Parliament Speaker Mohammad Baqer Qalibaf on X “Americans said NO TO WAR, and we endorse ​this message. If the US govt betrays their public will to serve ​international paymasters and blackmailers, it will learn our NO comes ⁠with a Nightmare.” Spanish Prime Minister Pedro Sanchez on X “Yesterday, the American people voted against…

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The Pakistan Stock Exchange (PSX) witnessed a strong bullish session on Wednesday, with the benchmark KSE-100 Index gaining nearly 4,000 points amid institutional buying and improving sentiment over geopolitical developments following US midterm election results. The benchmark index opened on a positive note and maintained its upward momentum throughout the session. It initially surged sharply, crossing the 170,000-point mark before witnessing some consolidation and a brief dip around 11am. However, buying interest returned around midday, allowing the index to resume its upward trajectory. The rally gained further momentum, with the…

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Iran and the United States are still far from a deal to end their war, a senior Iranian official told ​Reuters on Tuesday, as US President Donald Trump declined to rule out a resumption of US combat operations after the elections in the United States. Trump made his comments in separate interviews as Americans ‌voted in pivotal midterm elections in which the unpopular Iran war has been a key factor and as mediator Qatar stepped up efforts to avert a renewed escalation. Overnight, the United States carried out “defensive” strikes…

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