2 h. ago Crypto revolution: Pakistan to launch digital asset regulatory authority

ISLAMABAD: The federal cabinet has approved the establishment of the Pakistan Virtual Assets Regulatory Authority (PVARA) — a major step toward regulating the country’s fast-growing digital assets sector. According to a statement from the Prime Minister’s Special Office on Blockchain and Crypto, the new authority aims to build a robust legal and institutional framework for […]

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2 h. ago PM Shehbaz invites UAE telecom giant to expand investment in Pakistan

Prime Minister Shehbaz Sharif met with a delegation from a leading UAE-based telecom company on Monday in Islamabad. He welcomed the delegation and invited them to explore further investment opportunities in Pakistan’s key economic sectors. The prime minister assured full support and facilities for foreign investors. The meeting included Deputy Prime Minister Ishaq Dar, Finance […]

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4 h. ago Aurangzeb pushes for swift launch of PM’s fan replacement initiative

Finance Minister Senator Muhammad Aurangzeb has directed all departments to fast-track preparations for the Prime Minister’s Fan Replacement Program, which aims to replace traditional electric fans with energy-efficient models across the country. The program is expected to launch its first phase by the end of this month. Chairing a high-level meeting in Islamabad, the Finance […]

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8 h. ago Hong Kong proposes stricter prison visit rules citing national security

Hong Kong authorities have proposed new rules to limit visits to prisoners, including lawyers, doctors, and religious figures, citing national security concerns. The plan aims to prevent visits that allegedly influence inmates against the government. The Security Bureau told lawmakers that some visits have been abused under the guise of “humanitarian relief” to encourage prisoners […]

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10 h. ago Captain Gill makes history as India crush England by 336 runs

India’s new Test captain Shubman Gill was hailed as a rising star after guiding his team to a crushing 337-run victory over England at Edgbaston, their first-ever Test win at the venue. The emphatic win on Day 5 leveled the five-match series at 1-1, injecting fresh energy into the contest. Gill, just 25 years old, […]

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11 h. ago TDAP launches new export strategy with focus on emerging markets and global outreach

The Trade Development Authority of Pakistan (TDAP) has rolled out a fresh set of initiatives for FY 2025-26 aimed at boosting the country’s exports and strengthening its presence in global markets. These steps include participation in over 120 international exhibitions, export training programs, and “Made in Pakistan” exhibitions in Ethiopia and Bangladesh. The initiatives were […]

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11 h. ago Pakistan launches bold AI plan to train 20,000 youth and fuel innovation

The Government of Pakistan has officially launched a National Artificial Intelligence (AI) Development Plan aimed at transforming the country’s digital landscape. The Ministry of Information Technology and Telecommunication (MoITT) will lead the initiative, which includes establishing AI hubs, training centers, and innovation platforms nationwide. The project is designed to equip thousands of Pakistanis with future-ready […]

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11 h. ago Pakistan’s cotton output crashes to 5.5 million bales, industry demands urgent reforms

Pakistan’s cotton production has plummeted from a peak of 15 million bales to just 5.5 million, sending shockwaves through the textile sector and pressuring the country’s foreign reserves. As local supply shrinks, the industry is increasingly relying on imported cotton, raising serious economic concerns. Industry leaders are urging federal and provincial governments to introduce crop […]

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12 h. ago US envoy pushes for Hezbollah disarmament amid rising Israeli strikes in Lebanon

A US envoy, Thomas Barrack, met Lebanese officials in Beirut on Monday to discuss a plan aimed at fully disarming Hezbollah within four months. This comes as Israel escalated air strikes and launched a cross-border ground assault against the group. Lebanese officials see Israel’s recent military actions as an effort to increase pressure on Hezbollah. […]

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12 h. ago Ceasefire proposal gains momentum as Netanyahu heads to white house

Fresh details have surfaced about a proposed Gaza ceasefire deal, just as Israeli Prime Minister Benjamin Netanyahu prepares for high-level talks at the White House. The plan outlines a 60-day ceasefire period during which Hamas would release hostages and Israel would pull back its forces. The document, shared with the Associated Press by multiple sources, […]

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13 h. ago Israel strikes Houthi targets in Yemen ports and power plant

Israel launched airstrikes on Monday targeting Houthi positions in three Yemeni ports and a power plant, marking its first attack on Yemen in nearly a month. According to the Israeli military, the strikes hit Hodeidah, Ras Isa, and Salif ports, along with the Ras Qantib power station. The military stated the operation was in response […]

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13 h. ago Trump slams Musk’s new political party as “ridiculous” amid growing feud

Former U.S. President Donald Trump has strongly criticized Elon Musk’s decision to launch a new political party, calling the move “ridiculous” and a threat to the country’s two-party system. Speaking to reporters before boarding Air Force One on Sunday, Trump argued that the United States has always worked best under a two-party structure. He said […]

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14 h. ago Demolition drive begins in Lyari after deadly building collapse

Authorities in Karachi have launched an operation against three dangerously weak buildings in Lyari’s Bhagdadi area, following the recent collapse of a five-storey structure. The operation started on Monday, and all three buildings have already been sealed and evacuated to prevent further tragedy. Officials have confirmed that legal action will be taken against those responsible […]

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14 h. ago Toyota Yaris all variants updated installment plans for 2025 unveiled

United Bank Limited (UBL) has launched easy monthly installment plans for one of the best-selling cars, Toyota Yaris, through its

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32 h. ago EV industry urges faster charging infrastructure and cost solutions

Electric vehicle (EV) manufacturers have voiced strong concerns about the lack of charging stations and high vehicle costs, warning that these issues are holding back Pakistan’s shift to clean energy. During a consultative meeting with the Ministry of Climate Change and Environmental Coordination, industry leaders emphasized the urgent need for action to boost EV adoption. […]

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32 h. ago Tax revenue from electricity bills drops by Rs110 billion amid falling consumption

The Federal Board of Revenue (FBR) collected Rs490 billion in taxes through electricity bills in FY2024–25, marking a sharp decline of Rs110 billion compared to Rs600 billion collected in the previous fiscal year. This drop reflects changing energy consumption trends and slower economic activity. According to official sources, the decrease in tax revenue is largely […]

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33 h. ago FPCCI urges nationwide shift to solar power for economic and energy relief

Pakistan can unlock major economic and environmental benefits by adopting solar energy across the country, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) said on Saturday. During a meeting with a group of industrialists led by Zia Ur Rehman, Shahid Imran, convener of FPCCI’s Regional Committee on Food, highlighted Pakistan’s over 300 sunny […]

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35 h. ago India admits heavy losses in ‘operation sindoor’, to posthumously honour 100 soldiers

ISLAMABAD: Under intense internal pressure, the Indian government has officially acknowledged the heavy toll suffered during ‘Operation Sindoor’ and announced that 100 fallen troops will be honoured posthumously. The recognition includes four fighter pilots and five S-400 air defense system operators. The conflict erupted on May 7 after India launched missile strikes against Pakistan, blaming […]

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36 h. ago OPEC+ boosts oil output by 548,000 barrels per day for august

OPEC+ has agreed to raise oil production by 548,000 barrels per day (bpd) in August, accelerating its output hike plan as global markets remain tight. The move follows recent geopolitical tensions and reflects efforts to stabilize fuel prices amid increased global demand. This is the largest monthly hike so far this year, up from 411,000 […]

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37 h. ago Israel rejects Hamas conditions as ceasefire talks move to Qatar

Israel is sending a delegation to Qatar for negotiations on a possible ceasefire and hostage deal, despite rejecting key changes proposed by Hamas. The Israeli Prime Minister’s Office said Hamas’ adjustments to the U.S.-backed plan were “not acceptable,” though discussions would continue. The talks aim to finalize a 60-day truce in Gaza, as proposed by […]

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