A head constable was martyred, while three police personnel were injured when terrorists attacked a police vehicle in Bannu, Khyber-Pakhtunkwa, on Saturday, according to police. The incident occurred in the limits of Haved police station in the Sheikhan Mamakhail area, where a police party was on routine duty when assailants opened fire on their vehicle. […]
As the US-Israeli war on Iran enters its second month, US Vice President JD Vance offered assurances that the US has no plans to stay in Iran for an extended period following its military operations. Speaking to independent journalist Ben Johnson on Friday, Vance stressed that American military involvement is limited and temporary. He emphasized […]
The International Monetary Fund (IMF) on Saturday announced a staff-level agreement with Pakistan for the release of a $1.2 billion loan but linked the executive board meeting to approve the tranche with Islamabad’s ability to collect Rs322 billion revenues from the court cases. After finding the performance of the Federal Board of Revenue below par, […]
Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced that the Port Qasim Authority (PQA) is boosting transshipment operations through the Qasim International Container Terminal (QICT) as it has successfully handled 3,485 20-foot equivalent units (TEUs) across two vessels. Details shared by the minister on Saturday revealed that container vessel Northern Guard, which […]
Pakistan’s stock market remained under pressure during the outgoing week, with the benchmark KSE-100 index closing at 151,708 points, down around 0.7% week-on-week, as persistent geopolitical tensions and volatile global oil prices dampened investor sentiment. The cautious mood prevailed despite supportive developments on the economic front, including progress in talks with the International Monetary Fund […]
Pakistan’s delegation, led by Minister of State for Finance and Railways Bilal Azhar Kayani, participated in multilateral discussions and reform sessions at the 14th Ministerial Conference (MC14) of the World Trade Organisation (WTO) in Yaounde, Cameroon. According to a statement issued on Saturday, Kayani presented Pakistan’s position during WTO reform breakout sessions covering foundational issues, […]
As echoes of the US-Israel-Iran conflict ripple across global trade routes, a familiar dilemma is confronting policymakers in Islamabad, which is how to seize a rare export opportunity without letting it burn a hole in the pocket of the ordinary Pakistani consumer. The federal government has recently green-lit exports of 40 food items to Gulf […]
Proposed fuel rationing and subsidies are likely to exacerbate inflationary and macroeconomic pressures in the country, including Price Differential Claims (PDC), which are feared to hit Rs100 billion in just three weeks. This assessment comes against the backdrop of the government considering a plan to introduce fuel rationing and subsidies by allocating quotas to low-income […]
Once a symbol of culture and community, Basant now feels like a kitsch spectacle for the elite. Amid deafening music and flashy displays, the festival became a staged social media moment rather than a shared celebration. But beneath this surface lies a grim but familiar reality. While the elite pose for reels, it is the […]
Leader of the Opposition in the Senate Allama Raja Nasir Abbas on Saturday proposed the formation of a national government to steer the country out of ongoing difficulties and build a broader national consensus. Speaking to a private TV channel, he said the opposition had held talks with the ruling authorities, adding that and Tehreek-e-Tahaffuz-e-Ain Pakistan chief […]