Pakistan’s financial policymakers are facing renewed pressure to rethink the country’s foreign reserve strategy as geopolitical tensions intensify across the Middle East. With fears growing over a prolonged conflict in the Gulf region, experts are warning that reliance on the US dollar could expose vulnerable economies like Pakistan to significant financial risks. Recent discussions among […]
The Punjab government has unveiled a plan to provide electric bikes to Excise Department employees as part of a strategy to enhance field efficiency and help the department achieve its Rs. 73 billion recovery target. The initiative is aimed at supporting staff mobility while promoting eco-friendly transport solutions. Under the scheme, excise inspectors across Punjab, […]
Karachi Kings captain David Warner has strongly responded to former Indian cricketer Ajay Jadeja after the latter allegedly spread misleading claims regarding a viral Pakistan Super League (PSL 11) moment involving Moeen Ali. The incident occurred following Karachi Kings’ five-wicket victory at Gaddafi Stadium in Lahore, where a post-match handshake clip quickly gained traction on […]
Pakistan’s fuel consumers are set to face another financial burden as the government has approved a significant hike in kerosene oil prices. The latest notification issued by the Oil and Gas Regulatory Authority (OGRA) confirms an increase of Rs. 34.08 per litre, reflecting ongoing adjustments in domestic energy pricing. With the revised rates now in […]
The Pakistan Sports Board has announced a comprehensive reform plan aimed at strengthening the country’s athletic performance and improving results on national and international stages. The initiative focuses on long-term development, Olympic cycles, and performance-driven strategies. A cornerstone of the reform is the introduction of the Long-Term Athlete Development Programme (LTADP). This program is designed […]
In a move to enhance customer service and streamline complaint handling, the Lahore Electric Supply Company has launched a new helpline dedicated to electricity consumers. The initiative aims to ensure faster complaint registration and more efficient resolution of power-related issues. The service was introduced by Sardar Awais Ahmed Khan Leghari as part of broader efforts […]
The German Consulate General in Karachi has officially announced a temporary suspension of its services in observance of Easter. According to the notice, the consulate will remain closed on April 3 and April 6, allowing staff to observe the holiday period. The closure falls on a Friday and the following Monday, effectively creating a long […]
The government’s flagship housing initiative, Apni Chhat Apna Ghar Scheme, is facing significant delays due to funding shortfalls. The project, designed to provide affordable homes to low- and middle-income families, has been unable to secure a Rs. 25 billion loan essential for its ongoing progress. Official documents indicate that a $90 million funding tranche from […]
The Government of Pakistan has taken a decisive step to reform the country’s corporate regulatory framework by forming a high-level committee aimed at empowering the Securities and Exchange Commission of Pakistan. The initiative is designed to enhance SECP’s authority and expedite the resolution of over 2,000 pending corporate cases. The committee convened its first meeting […]
Pakistan’s economic outlook has received a significant boost as the International Finance Corporation (IFC) commits approximately $2.7 billion for the current fiscal year. The investment signals growing international confidence in the country’s potential, particularly in strengthening private sector activity, expanding infrastructure, and generating employment opportunities. The announcement came during a high-level meeting between Federal Minister […]
JazzWorld CEO Aamir Ibrahim, accompanied by Kaan Terzioglu and senior leadership, held a series of strategic meetings with key government officials to discuss Pakistan’s digital future, public-private collaboration, and pathways to accelerate investment, financial inclusion, and economic resilience. Discussions with Ahsan Iqbal focused on leveraging digital technologies to drive sustainable economic growth and align with […]
The Pakistan national football team continued their struggles in the AFC Asian Cup qualifiers, suffering a 1-2 defeat against the Myanmar national football team and extending their winless run in the competition. Pakistan delivered a disciplined performance in the first half, successfully holding Myanmar to a goalless draw. The defensive effort offered hope for a […]
Heavy rainfall in Lahore has cast uncertainty over one of the most anticipated fixtures of the Pakistan Super League Season 11, as Islamabad United prepare to face Peshawar Zalmi. With fans eagerly awaiting the high-stakes clash, adverse weather conditions now threaten to disrupt the game’s schedule. Persistent showers throughout the day have left the ground […]
Kuwait has pledged to facilitate the delivery of diesel and jet fuel to Pakistani-flagged vessels, following high-level discussions in Islamabad. The assurance came during a meeting between Ali Pervaiz Malik and Nasser Abdulrahman Jassim Al-Mutairi, focusing on strengthening bilateral energy cooperation. According to an official statement, Kuwait Petroleum Corporation confirmed its commitment to extend full […]
A major controversy has erupted as a Senate subcommittee has directed strict action in the high-profile cigarette theft case, warning of arrests if key officials fail to respond. The directive targets senior figures including Rashid Mahmood Langrial, chairman of the Federal Board of Revenue, in connection with the disappearance of smuggled cigarettes worth Rs. 250 […]
Pakistan State Oil has announced the appointment of Abdus Sami as its interim Chief Executive Officer, effective March 31, 2026. The move comes as part of the company’s strategy to maintain operational stability while the process for selecting a permanent CEO continues. The decision was approved during a board meeting held on March 30, 2026. […]
Recent reports suggesting that Pakistan has announced a nationwide “smart lockdown” along with strict austerity measures have been categorically denied by authorities. Officials confirmed that no such decision has been taken, and the circulating information is inaccurate. According to senior sources, no official notification or directive has been issued by the federal government regarding lockdowns, […]
Global oil markets are on edge as Brent Crude surged above $115 per barrel, driven by escalating tensions in the Middle East. The spike follows intensifying conflict involving Iran, Israel, and regional actors, raising serious concerns about prolonged supply disruptions. The situation worsened after Iran rejected a US-backed peace proposal, signaling a widening diplomatic rift. […]
The cost of imported luxury and non-essential goods in Pakistan has surged sharply, with total taxes reaching as high as 60 percent of the product value. This significant increase is reshaping consumer behavior and putting pressure on import-dependent markets. According to officials from the Federal Board of Revenue, multiple layers of taxation are applied at […]
Hyderabad Kingsmen captain Marnus Labuschagne has clarified the reason behind Maaz Sadaqat’s absence from the team’s opening match of Pakistan Super League Season 11. The young batter was unavailable due to injury, ruling him out of a crucial start to the tournament. The Kingsmen began their PSL campaign against defending champions Lahore Qalandars at Gaddafi […]
