47 m. ago PM Shehbaz urges swift finalization of national industrial policy to boost local manufacturing

Prime Minister Shehbaz Sharif has directed authorities to quickly finalize the National Industrial Policy in consultation with all relevant stakeholders. Chairing a high-level meeting in Islamabad on Thursday, he emphasized the importance of resolving industrial sector challenges and speeding up local manufacturing growth. The Prime Minister said domestic industries are key to achieving export-led economic […]

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2 h. ago Pakistan raises Rs1.2 trillion through government bond auction

Islamabad: Pakistan has successfully raised over Rs1.2 trillion through a large-scale government bond auction, marking a major step in the country’s debt management and financial reform strategy. A significant portion of this amount—Rs47 billion—was collected through the launch of the country’s first-ever 15-year zero-coupon bond, which attracted strong demand from investors. Unlike traditional bonds, zero-coupon […]

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5 h. ago Israeli Defense minister threatens to kill Iran’s supreme leader after hospital attack

Israeli Defense Minister Israel Katz has threatened to kill Iran’s Supreme Leader Ayatollah Ali Khamenei in response to the Iranian ballistic missile attack on Soroka Medical Center in Be’er Sheva. Katz warned that Khamenei would pay the price for his crimes. Katz said Israel will begin targeting new strategic sites in Iran to eliminate threats […]

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16 h. ago National Tariff Policy aims to eliminate RDs, ACDs in 5 years, draft shows

The federal government has unveiled the draft for the National Tariff Policy (NTP) 2025–30 at the Regulatory Reforms Conference on Wednesday. The conference, organised by the Board of Investment (BoI), aimed at advancing regulatory simplification and industrial competitiveness, bringing together federal ministers, diplomats, and private sector representatives for a strategic dialogue on Pakistan’s economic direction. […]

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19 h. ago Khawarij target pipeline supplying gas to Punjab in Lakki Marwat: police

LAKKI MARWAT: In a major act of sabotage, terrorists of Fitna al-Khawarij targeted a key pipeline supplying gas from Bettani Gas Field in Lakki Marwat to Punjab, using explosives to destroy a main section of the line, the police confirmed on Wednesday. “Khawarij terrorists blew up a gas pipeline in Khyber Pakhtunkhwa’s Lakki Marwat district […]

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21 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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23 h. ago Federal cabinet approves Rs 1.275 trillion bank loan to tackle power sector debt

The federal cabinet has approved a major plan to control the growing circular debt in Pakistan’s power sector. According to official sources, the government will borrow Rs 1,275 billion from banks at low interest rates to settle outstanding payments. This large loan will help pay off the dues of Independent Power Producers (IPPs) and will […]

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27 h. ago PM Shehbaz forms committee to boost cashless economy and digitization

ISLAMABAD – Prime Minister Muhammad Shehbaz Sharif on Wednesday formed a high-level committee to promote a cashless economy and speed up digitization across Pakistan. The prime minister will personally chair the committee and oversee its progress weekly. During the meeting, the prime minister stressed that digitizing the economy is one of the government’s top reform […]

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44 h. ago Exporters sound alarm over budget shocks, demand urgent fix from PM

Pakistan’s leading export groups have raised serious concerns over the recent budget changes. They say these changes will damage the country’s $11 billion value-added export sector. The sector includes garments, sports goods, and leather products. It contributes about one-third of national exports and is already under pressure from rising costs. The exporters demanded an urgent […]

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45 h. ago Trump warns Iran to surrender, says Khamenei is a ‘visible target’

U.S. President Donald Trump has urged Iran to surrender unconditionally amid growing military tensions. In a fiery post on his Truth Social platform, Trump said the U.S. knows exactly where Iran’s Supreme Leader Ayatollah Khamenei is hiding. He called Khamenei “an easy target,” but stated that the U.S. is not planning to eliminate him—for now. […]

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47 h. ago Khamenei faces isolation as Israel eliminates top Iranian advisers

DUBAI/LONDON — Iran’s Supreme Leader Ayatollah Ali Khamenei is increasingly isolated after losing several key military and intelligence advisers in Israeli airstrikes, raising fears of miscalculation in Tehran’s decision-making. Sources close to his inner circle say these losses have created a dangerous vacuum within Iran’s most critical leadership structures. Among the dead are Hossein Salami, […]

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52 h. ago 39 government departments exceed budget limits, energy and defense lead

ISLAMABAD – At least 39 federal departments in Pakistan have overspent their allocated budgets for the current fiscal year, with the energy and defense sectors emerging as the top contributors to the excess. Meanwhile, dozens of other departments failed to utilize their full funds. According to official budget documents, the energy sector overspent by Rs129.5 […]

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67 h. ago PM Shehbaz unveils Maritime Vision at PIMEC 2025; calls Blue Economy ‘Game

— PM says Pakistan Navy is formidable force through all conflicts and remains a strong pillar of our national security — Says even tapping a fraction of this economy could be a real game-changer — PM stresses transformation of Pakistan’s maritime sector into a driver of inclusive, sustainable economic growth ISLAMABAD: Prime Minister Muhammad Shehbaz […]

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69 h. ago UHS approves affiliation of Narowal Medical College, reforms in PG programs

LAHORE – The University of Health Sciences (UHS) has approved the affiliation of the newly established Narowal Medical College, under

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69 h. ago Long weekend ahead as Muharram 1 declared Official Holiday to Mark Islamic New Year

ABU DHABI – United Arab Emirates government announced public holiday for government sector employees on Friday, June 27, 2025. Federal Authority

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3 d. ago Ali Zafar slams budget 2025, warns it could paralyze Pakistan’s industry

ISLAMABAD – PTI Senator Ali Zafar has sharply criticized the federal government’s proposed budget, warning that it could seriously damage Pakistan’s already struggling industrial sector. He accused the authorities of burdening the economy with excessive taxes and flawed fiscal policies. Speaking during a Senate session on Monday, Zafar questioned the government’s claim that new taxes […]

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3 d. ago Punjab allocates Rs79.5 billion for free medicines in budget 2025

LAHORE – Punjab has allocated a record Rs630.5 billion for the health sector in the budget for the fiscal year

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3 d. ago MEXC Unveils “Proof of Trust” Campaign for Crypto Security, Audits, and User Protection

Victoria, Seychelles, 16 June, 2025 — MEXC,  a leading global cryptocurrency exchange, will launch Proof of Trust, a comprehensive global campaign aimed at strengthening user protection, operational transparency, and community trust across the crypto sector. This initiative combines concrete financial safeguards with security partnerships, open education, and user-first design — positioning MEXC as one of […]

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3 d. ago Khyber Pakhtunkhwa’s debt soars to Rs 723 billion, driven by foreign loans

PESHAWAR – Khyber Pakhtunkhwa’s debt has surged by Rs 43.59 billion over the past year, reaching a projected total of Rs 723.13 billion by July 1, 2025. According to official figures, the province began the current fiscal year with Rs 679.54 billion in debt. Interestingly, KP remains free from domestic borrowing. The entire debt burden […]

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3 d. ago Sheikh Waqas Akram criticizes regime’s governance, warns of economic collapse

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Central Information Secretary Sheikh Waqas Akram has strongly condemned the current regime, accusing it of incompetence and poor governance. In a statement issued on Sunday, he highlighted the worsening economic conditions of ordinary Pakistanis, stating that the country is now trapped in a severe debt crisis. Waqas emphasized that while the […]

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