Pakistani leg-spinner Abrar Ahmed has made headlines after being signed by Sunrisers Leeds, an IPL-owned franchise, at The Hundred auction for £190,000 (around Rs. 6.84 crore). The deal marks one of the highest prices ever paid for an overseas spinner in the competition’s history. Abrar entered the auction with a base price of £75,000, but […]
Escalating tensions in the Middle East could trigger serious economic challenges for Pakistan, particularly if the conflict disrupts global oil supply routes. A recent report by the Pakistan Institute of Development Economics warns that a full-scale regional crisis could drive international oil prices sharply higher and significantly impact Pakistan’s economy. The report highlights a worst-case […]
Pakistan and the International Monetary Fund are reportedly close to finalizing a revised tax collection target for the current fiscal year as part of ongoing economic negotiations. The discussions are taking place under the country’s $7 billion Extended Fund Facility program, which aims to stabilize Pakistan’s financial system and improve fiscal management. According to sources […]
The Senate Standing Committee on Information Technology and Telecommunication has raised serious concerns about the use of foreign software in the Islamabad Safe City surveillance system. The issue was discussed during a recent committee meeting, where officials provided a detailed briefing on the cybersecurity measures currently in place to safeguard the capital’s monitoring infrastructure. Members […]
International oil prices witnessed a sharp decline after Donald Trump hinted at a possible “conditional de-escalation” from the ongoing conflict involving Iran. The remarks triggered immediate reactions in global energy markets, leading to a significant drop in crude oil benchmarks. At the time of reporting, Brent Crude had fallen by 7.62 percent, dropping $7.54 to […]
The Pakistani rupee (PKR) continued its upward momentum, closing in green against the US Dollar (USD) for the 115th consecutive day on Monday. The currency gained three paisas, finishing the session at 279.37 PKR per USD, reflecting steady resilience despite ongoing global economic challenges. In addition to the US Dollar, the rupee also posted gains […]
Authorities in Rawalpindi have initiated construction work on a new slip road at the Faizabad Interchange, a move aimed at improving traffic management and commuter convenience in one of the city’s busiest areas. The development has been launched under the directives of the Rawalpindi Commissioner and Director General of the Rawalpindi Development Authority, Engineer Aamir […]
Pakistan Railways has announced an increase in train fares across multiple passenger classes and freight services, with the revised rates set to take effect from March 9. The adjustment comes in response to the recent rise in diesel prices, which has increased operational costs for the national railway network. According to Railways spokesperson Babar Ali, […]
The Government of Punjab has introduced new infrastructure regulations requiring all upcoming housing societies in Lahore to install underground electricity systems. The move aims to modernize the city’s power distribution network and improve safety standards in residential developments. The decision was finalized during the third meeting of the Energy Department’s Steering Committee, which was chaired […]
Pakistan’s banking sector recorded steady financial growth as total deposits increased by 18.2 percent year-on-year, reaching Rs. 36.6 trillion in January 2026. The figures were highlighted in data compiled by Topline Securities, indicating continued confidence among depositors despite a slowdown in lending activity. The rise in deposits reflects strong savings inflows into banks across Pakistan. […]
Petrol pump closures could begin within days if fuel deliveries are not restored, according to the Pakistan Petroleum Dealers Association (PPDA). The association has raised concerns over declining fuel supply to retail outlets across the country. The warning was issued during a press conference held at the Lahore Press Club, where industry representatives highlighted the […]
Fuel supply concerns are growing across Pakistan after the Pakistan Petroleum Dealers Association warned that petrol pumps may begin shutting down from Monday if supply disruptions continue. The association said that retail outlets across the country currently have only about 50 percent of their normal petrol stock remaining. Dealers fear the situation could worsen quickly […]
A recent high-priority advisory from Pakistan’s National Cyber Emergency Response Team has underscored a new reality: cyber threats are no longer theoretical risks. They are active, coordinated campaigns targeting banks, defense networks, and key government ministries. According to the alert, the threat landscape has evolved rapidly. From advanced ransomware attacks and supply chain infiltration to […]
The federal government has stepped up oversight of petroleum reserves to ensure uninterrupted fuel availability across Pakistan, as regional developments continue to impact global energy markets. Authorities say the move is aimed at preventing any potential supply disruptions and maintaining price stability for consumers. A key meeting of the committee formed by Prime Minister Shehbaz […]
Gold rates in Pakistan witnessed a significant decline on Tuesday, following a sharp reversal in global bullion prices a day earlier. The sudden shift in the international market directly impacted domestic trading, leading to one of the steepest single-day drops in recent weeks. According to figures released by the All-Pakistan Gems and Jewellers Sarafa Association, […]
Islamabad is set to enhance its sanitation infrastructure as the Capital Development Authority moves forward with plans to acquire modern machinery for garbage collection. The initiative aims to strengthen the city’s waste management framework and ensure a cleaner, healthier environment for residents. The decision was finalized during a high-level meeting at CDA Headquarters. The session […]
The Capital Development Authority (CDA) has received a bid 10 percent below the official estimate for a major road project, following a recent revision of its tendering criteria. The development reflects increased competition and interest from contractors after the authority eased previously strict eligibility requirements. Tender Revisions Encourage Broader Participation Previously, CDA had issued tenders […]
Pakistan has moved its ongoing negotiations with the International Monetary Fund (IMF) to a virtual format amid prevailing security concerns, while keeping the review process on schedule. Officials from the Ministry of Finance confirmed that although the format has shifted from in-person meetings to online discussions, the timeline and agenda of the talks remain unchanged. […]
In a significant move aimed at protecting public infrastructure, the Sindh High Court (SHC) has ordered a joint demarcation of the Right of Way (ROW) along the M-9 motorway and directed the immediate removal of encroachments on green belts and service roads. The directive came during a hearing concerning disputed private lands located along the […]
The National Accountability Bureau (NAB) has successfully recovered 350 acres of government land in the Karachi’s Clifton area, marking a major anti-corruption achievement. The recovered property, valued at approximately Rs423.5 billion, spans Clifton Block-I and Block-II, making it one of the largest land recoveries in recent years. NAB’s investigation revealed that the land had been […]
