2 h. ago PM disposes of rumors President Zardari resigning to clear way for COAS’s presidential bid

Field Marshal Asim Munir has no desire to become president, nor is there any such plan in the offing: Premier PM Shehbaz terms all such claims ‘mere speculations,’ saying COAS has no political ambitions ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday dismissed rumors circulating in the media suggesting that President Asif Ali Zardari might resign […]

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4 h. ago ‘26 suspended MPAs’ issue’: Govt, PTI backing to negotiating table as PA speaker forms committee

Second round of talks between govt, opposition scheduled for Sunday at Punjab Assembly Both sides are expected to finalise recommendations for the negotiation framework   LAHORE: Punjab Assembly Speaker Malik Muhammad Ahmad Khan on Saturday constituted an eight-member negotiation committee to address the issue of references filed against suspended Pakistan Tehreek-e-Insaf (PTI) members. The nomination […]

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8 h. ago Wholesalers warn: Sugar prices could drop to Rs150 if crackdown begins

KARACHI – July 12, 2025: The Wholesale Grocers Association has raised alarms over artificial inflation in Pakistan’s sugar market, claiming that 2.6 million tonnes of sugar are currently being illegally hoarded. According to Association Chairman Abdul Rauf Ibrahim, if the government initiates a serious crackdown on the sugar mafia, wholesale prices could drop dramatically to […]

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10 h. ago PCB seeks consultants for hotel projects in Lahore and Karachi

The Pakistan Cricket Board (PCB) has invited applications for hiring consultants for hotel-related projects in Lahore and Karachi. The plan focuses on upgrading a cluster of hotels in both cities. According to a PCB spokesman, the selected consultants will conduct a feasibility study and offer transaction advisory services. These services will help assess and improve […]

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11 h. ago Govt’s sugar import plan expected to add $280 million to import bill

ISLAMABAD — The government’s decision to import 500,000 metric tons of sugar, divided between the Trading Corporation of Pakistan (TCP) and the private sector, is expected to increase the import bill by approximately $275–280 million. However, industry experts warn this move is unlikely to bring down soaring local sugar prices, which are expected to remain […]

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13 h. ago Finance ministry sounds alarm over Rs 5.9 trillion in govt losses

The latest report from the Ministry of Finance shows that losses in more than 15 government-owned companies have crossed Rs 5.9 trillion. The report reveals a sharp increase in losses during the first six months of the last fiscal year. Pension liabilities also rose, reaching Rs 1.7 trillion. These rising losses add significant pressure on […]

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24 h. ago Pakistan tenders to buy 300,000 to 500,000 metric tons of sugar

Pakistan’s state agency, the Trading Corporation of Pakistan (TCP), has issued an international tender to purchase and import 300,000 to 500,000 metric tons of white refined sugar, European traders said on Friday. The deadline for submission of price offers is July 18. On July 8, Pakistan’s government had approved plans to import 500,000 tons of […]

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27 h. ago Dillydallying in Dr Aafia case may land the PM and cabinet in contempt of court: IHC

Court expresses displeasure over govt’s failure to submit a report regarding its refusal to assist in Dr Aafia’s case before a US court ISLAMABAD: The Islamabad High Court (IHC) on Thursday warned of initiating contempt of court proceedings against Prime Minister Shehbaz Sharif and members of the Federal cabinet over the government’s failure to submit […]

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30 h. ago Weather update for Islamabad, Pakistan: Rains, gusty winds expected

ISLAMABAD – Rains and gusty winds are expected in Islamabad, Rawalpindi, and parts of Pakistan on Friday night and the

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32 h. ago Global population set to soar to 11.2 billion by 2100, says UN

The world’s population, currently standing at 7.6 billion, is expected to see a sharp rise in the coming decades, according to the latest United Nations report released in 2025. The report outlines key projections that could significantly impact global resources, development, and planning. According to the data, the global population will likely grow to 8.6 […]

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34 h. ago Trump threatens 35% tariff on Canadian exports starting August 1

In a new escalation of trade tensions, US President Donald Trump has sent a formal letter to Canadian Prime Minister Mark Carney, warning of a 35% import tax on Canadian exports beginning August 1. The warning marks a renewed push in Trump’s aggressive trade policy, with similar letters reportedly sent to over 20 countries this […]

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35 h. ago Chinese firm urges Pakistan to extend support for 1124 MW Kohala Hydropower project

ISLAMABAD – The Chinese-backed Kohala Hydropower Company Limited (KHCL) has raised concerns over its exclusion from Pakistan’s revised draft Integrated Generation Capacity Expansion Plan (IGCEP) 2025–35 and has requested an extension of its Letter of Support (LoS). In a letter to the Power Division, KHCL CEO Liu Yonggang called for a formal notification to extend […]

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36 h. ago Govt vows action after illegal deer hunting in Margalla hills

The Federal Minister for Climate Change and Environmental Coordination Dr. Musadik Malik has taken serious notice of the recent incident of illegal hunting of a deer in the Margalla Hills National Park. An inquiry into the incident is already underway. A First Information Report (FIR) has been duly registered, and the investigation is progressing in […]

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37 h. ago Energy minister pushes to limit profits on solar net metering amid power sector reforms

ISLAMABAD — Federal Energy Minister Owais Leghari has renewed efforts to convince the federal cabinet to end provincial taxes on electricity bills and limit profits from solar net metering, despite opposition from provincial governments. He plans to present a revised plan within one to two weeks that would extend the current one to one-and-a-half-year return […]

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46 h. ago Govt eyes $1bn valuation in Roosevelt Hotel redevelopment plan

Pakistan is seeking a valuation of at least $1 billion for the Roosevelt Hotel it owns in New York and is ready to part with a minority stake in the prime Manhattan property as it scouts for a redevelopment partner, a senior government official said. Named after former U.S. President Theodore Roosevelt, the century-old property […]

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52 h. ago Dubai takes off with crypto: Fly & shop using digital currency

Dubai is stepping into the future of travel and shopping. Emirates Airline and Dubai Duty Free have partnered with Crypto.com. This move will let passengers pay for air tickets and shopping using digital currencies like Bitcoin. The new payment system is expected to be fully launched by next year, offering travelers more flexibility and modern […]

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53 h. ago Latest update on Golden Handshake Scheme; Which Govt employees are eligible for it?

KARACHI – National Assembly’s Standing Committee unanimously approved Civil Servants Amendment Bill 2024, which introduces a golden handshake scheme for

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56 h. ago Sindh govt vacates unsafe Lyari buildings after collapse kills 27, six SBCA officers arrested

KARACHI – The Sindh government has evacuated nine dangerously dilapidated buildings in Karachi’s Lyari area following the tragic collapse of a multi-storey building that claimed 27 lives on July 4. Senior minister Shajeel Memon confirmed on Thursday that demolition work on one unsafe structure had already started, and affected families would receive three-month rent support. […]

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57 h. ago Pakistan and Russia plan freight train launch in august to boost trade

MOSCOW – A high-level Pakistani delegation met Russian Deputy Prime Minister Alexei Overchuk in Moscow on Thursday to discuss strengthening bilateral ties and new cooperation projects. The delegation was led by Special Assistants to the Prime Minister Syed Tariq Fatemi and Haroon Akhtar Khan. During the meeting, both sides reviewed political dialogue, trade, energy, regional […]

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62 h. ago More widespread rains expected in Islamabad, parts of Pakistan

ISLAMABAD – More widespread monsoon rains with isolated heavy falls are expected in Islamabad, Rawalpindi, and parts of Pakistan on

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