The second husband of a runaway wife shot dead her third husband in the Mohammad Khan Colony slum of Baldia Town on Wednesday. Fuming with vengeance, stoked by his Pashtun pride, Sang Gul, a resident of Tank district of Khyber-Pakhtunkhwa, had come searching for his wife, Nabeela Bibi, to Karachi, with his nephew Madho and […]
The Sindh Assembly on Wednesday witnessed heated discussions as lawmakers from both sides of the aisle debated the provincial budget for the fiscal year 2025-26. Officiated by Deputy Speaker Naveed Anthony, the session saw 29 MPAs voicing their opinions, bringing the total number of participants over three days to 84, with more expected to speak […]
The Accountability Court No1 Hyderabad, presided over by Judge Naseem Akhtar Soomro, has acquitted 12 accused from district Naushahro Feroze in the mega corruption reference related to the purchase of land for the Hyderabad-Sukkur Motorway (M-6). The reference involved over Rs5 billion in alleged corruptions. However, cases are still in progress against 30 suspects, including […]
US President Donald Trump said on Wednesday he had not taken a final decision on whether to bomb Iran and warned that the current leadership in Tehran could fall because of the Israeli attack, a day after demanding of Iran to surrender unconditionally. Speaking to reporters outside the White House, Trump said that Iranian officials […]
Iran’s Supreme leader Ayatollah Ali Khamenei said on Wednesday his country would never surrender, as Iranian military unleashed a volley of hypersonic missiles at Israel on the sixth day of war between the longtime enemies. The barrage of missiles came hours after Israel said it had destroyed Iran’s internal security headquarters in Tehran, and reported […]
The federal cabinet on Wednesday gave the green light to Pakistan’s largest financial restructuring scheme aimed at eliminating the crippling circular debt in the power sector. Prime Minister Shehbaz Sharif chaired the federal cabinet meeting at the Prime Minister House and approved a series of key decisions ranging from energy sector reforms to diplomatic and […]
The Senate Standing Committee on Finance reviewed the Finance Bill 2025 on Wednesday and recommended a zero-rated tax on the income of up to Rs1.2 million and rejected a proposal to impose tax on individuals doing small online businesses. During a meeting, chaired by its chairman Saleem Mandviwala, the committee approved the proposal to impose […]
The federal government on Wednesday approved the construction of the Sukkur-Hyderabad Motorway (M-6) at a cost of Rs395 billion — up by 138% — and set up a ministerial panel to find credible funding sources, bringing the project back in the public sector financing mode. The Central Development Working Party (CDWP), in a meeting chaired by the […]
The Government of Pakistan unveiled the draft National Tariff Policy (NTP) 2025-30 during the National Regulatory Reforms Conference organised by the Board of Investment (BOI). The conference, aimed at advancing regulatory simplification and industrial competitiveness, brought together federal ministers, diplomats and private sector representatives for strategic dialogue on Pakistan’s economic direction. Coordinator to the Prime […]
Repatriation of profits and dividends from foreign investment in Pakistan stood at $264 million in May 2025, showing a significant 71% year-on-year (YoY) decline but a sharp 117% month-on-month (MoM) increase, according to data released by the State Bank of Pakistan (SBP). During the first 11 months of fiscal year 2024-25 (11MFY25), total repatriation reached […]