15 h. ago Pakistan signs $1 billion deal with ADB to boost financial reforms

Pakistan and the Asian Development Bank (ADB) have signed a $1 billion financing agreement. The deal includes both Islamic and traditional financing methods. It will support Pakistan’s economic reforms over the next five years. Officials say this agreement reflects growing international trust in Pakistan’s financial direction. The government hopes it will help strengthen its global […]

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18 h. ago Cash in hand surges: Pakistan’s broad money supply hits Rs38.09 trillion

  KARACHI – Pakistan’s broad money supply, known as M2, rose to Rs38.09 trillion by June 6, 2025, showing a weekly increase of Rs4.32 billion, according to the State Bank of Pakistan. This marks a significant rise from Rs35.88 trillion recorded at the end of the last fiscal year, meaning the total increase since then […]

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35 h. ago Italian navy ship arrives in Karachi to boost maritime cooperation

The Italian Navy Ship ITS ANTONIO MARCEGLIA arrived at Karachi Port for a three-day goodwill visit, marking a significant milestone in the longstanding maritime cooperation between Italian Navy and Pakistan Navy. An impressive reception ceremony was held upon arrival of the ship, where the Commanding Officer and crew of the visiting ship were warmly received […]

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36 h. ago Field Marshal lauds expats significant role as Pakistan’s Ambassadors

Gen Munir receives a warm reception and welcome from overseas Pakistanis in Washington COAS acknowledges overseas Pakistanis’ contributions to national economy and global reputation WASHINGTON: Chief of Army Staff Field Marshal Syed Asim Munir on Tuesday expressed his deep appreciation for the vital and most significant role being played by overseas Pakistanis for being ambassadors […]

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2 d. ago Pakistan powers up: final agreements for Karachi’s nuclear plants approved

Pakistan is moving ahead with signing power purchase agreements for its two major nuclear power plants in Karachi — K-2 and K-3. These agreements involve three parties: the Pakistan Atomic Energy Commission (PAEC), the National Transmission and Despatch Company (NTDC), and the Central Power Purchasing Agency (CPPA-G). The approval came during a recent meeting of […]

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5 d. ago itel Pakistan Appoints CAT Pakistan as Exclusive Accessories Distributor.

In a move that marks a new chapter in Pakistan’s connected lifestyle journey, itel Pakistan has signed a strategic partnership with CAT (City Advance Tech) Pakistan, officially appointing them as the exclusive nationwide distributor for its range of accessories and audio products. This partnership is part of itel’s broader vision to go beyond mobile phones […]

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5 d. ago Babar Azam joins sydney sixers: Pakistan star ready to shine in BBL 15

Sydney Sixers have signed Pakistan’s top batter Babar Azam for the Big Bash League (BBL) 15 season. This deal is one of the biggest in the league’s history. Babar will add his batting skills and leadership experience to the Sixers squad this summer. Fans eagerly await his debut in Australia. According to BBL rules, teams […]

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6 d. ago Heatwaves to subside as significant rains likely in Pakistan till June 16

ISLAMABAD – Severe heatwave conditions will subside as intermittent rains and windstorms are predicted in upper and central parts of

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6 d. ago Pakistani energy giants sign major offshore oil deal with ADNOC in Abu Dhabi

Pakistan’s top energy firms have signed a significant Production Concession Agreement (PCA) with the Abu Dhabi National Oil Company (ADNOC) for Offshore Block 5. The agreement allows a Pakistani consortium to explore and develop oil reserves in the UAE, marking a landmark entry into offshore energy production for Pakistan. The PCA was signed between ADNOC, […]

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7 d. ago Pakistan, Russia bilateral relations significantly improved in recent years: President

Ambassador Albert highlights Russia’s unifying role in region for collective peace, prosperity   President Asif Ali Zardari has highlighted the

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7 d. ago Per Tola Gold Rate climbs to Rs352,900 in Pakistan amid global surge

KARACHI – Gold Rates in Pakistan witnessed another hike after significant drop in local markets in previous session. After latest

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8 d. ago Gold prices drop 6,100 rupees per tola, now at 352,300 rupees in Pakistan

According to the Gold and Jewelry Association of Pakistan, there has been a significant decline in gold prices across the country. Today, the price of one tola of gold decreased by 6,100 rupees, bringing it down to 352,300 rupees. This marks a notable reduction, providing relief to consumers and investors who were watching the market […]

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9 d. ago Top international destination for Pakistani workers in FY2025 announced

ISLAMABAD – The Economic Survey of Pakistan for outgoing fiscal year 2024-25 revealed that a significant number of of Pakistanis

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9 d. ago Chinese defence stocks surge as Pakistan signals major arms deal: report

Shares of Chinese defence firms soared on Monday after Pakistan announced plans to acquire a significant package of military equipment from Beijing, including one of China’s most advanced stealth fighter jets, according to a Bloomberg report. In a social media post last Friday, the government of Pakistan said it would purchase 40 J-35 fifth-generation stealth […]

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1 week ago Nearly 45% of Pakistanis now live below poverty line: World bank

ISLAMABAD – Poverty in Pakistan has worsened significantly, with 44.7% of the population now living below the poverty line, according to a recent World Bank report. This marks a steep rise from 39.8%, reflecting the economic strain facing millions of households. The World Bank revised its poverty benchmark for lower-middle-income countries to $4.20 per person […]

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1 week ago Punjab launches Pakistan’s first environmental protection force to tackle climate crisis

In a landmark move on World Environment Day, the Punjab government has launched Pakistan’s first-ever Environmental Protection Force (EPF), signaling a major step forward in the fight against environmental degradation. The initiative was announced by Chief Minister Maryam Nawaz Sharif as part of the province’s broader Climate Resilient Punjab Vision and Action Plan. Under this […]

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2 w. ago CBD Punjab’s NSIT Silicon Block notified as Special Technology Zone by STZA

In a significant step toward strengthening Pakistan’s high-tech ecosystem, the Special Technology Zones Authority (STZA) has officially notified the CBD NSIT Silicon Block as a Special Technology Zone (STZ). This landmark development positions Punjab at the forefront of the nation’s digital transformation and underscores the region’s growing appeal to global and local tech investors. The […]

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2 w. ago SECP releases concept paper to regulate algorithmic trading in Pakistan

The Securities and Exchange Commission of Pakistan (SECP) has unveiled a new Concept Paper titled “Regulating Algorithmic Trading in Pakistan”, marking a significant step towards fostering innovation in financial markets while ensuring investor protection and market integrity. This initiative comes as algorithmic trading gains global prominence for its ability to increase speed and efficiency in […]

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2 w. ago India’s water cuts deepen, Chenab river flow at head marala drops to zero

India’s water restrictions are intensifying, causing a sharp decline in the Chenab River flow entering Pakistan. Officials at Head Marala, the key point where the Chenab crosses into Pakistan, recorded a significant drop in water inflow and outflow. Yesterday, water flow at Head Marala fell by 37,600 cubic feet per second (cusecs). Today, the outflow […]

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2 w. ago Pakistan stands firm against India’s ‘Hydro Terrorism’ as Pak Army Chief signals strategic pushback

QUETTA – Chief of Army Staff (COAS) Field Marshal Asim Munir declared zero tolerance for India’s ‘Hydro Terrorism’, calling moves

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