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Pakistan's largest city is grappling with a perfect storm of infrastructure failures that have left millions of residents struggling with basic services and mounting frustration. A major electricity cable fault early Sunday morning has triggered
Pakistan's Supreme Judicial Council has thrown out a high-profile complaint lodged by Pakistan Tehreek-e-Insaf seeking the removal of Chief Election Commissioner Sikandar Sultan Raja, marking another setback for the embattled opposition party in its ongoing
Pakistan's main opposition party appears to be fracturing from within as serious cracks emerged in Pakistan Tehreek-e-Insaf's Khyber Pakhtunkhwa chapter, with more than a quarter of its lawmakers boycotting a critical parliamentary meeting on Sunday.
Pakistani authorities are locked in tense negotiations with the International Monetary Fund over a controversial demand to raise the country's General Sales Tax from 18% to 19% in the upcoming 2026-27 federal budget—a move that
Pakistan is scrambling to preserve a fragile ceasefire between the United States and Iran after Tehran announced it was halting indirect negotiations over renewed Israeli military operations in Lebanon, threatening to unravel months of painstaking
A discreet meeting between senior Pakistan Tehreek-e-Insaf leaders and Interior Minister Mohsin Naqvi has ignited controversy within the party and raised eyebrows across Pakistan's political landscape, particularly after it emerged that jailed PTI founder Imran
A major medical negligence scandal has rocked one of Pakistan's largest public hospitals after nine doctors and a nurse were suspended for operating on an HIV-positive patient without conducting mandatory pre-surgery screening tests. The incident
Prime Minister Shehbaz Sharif's four-day official visit to China has yielded over $7 billion in signed agreements and memorandums of understanding between Pakistani and Chinese companies, marking a significant economic breakthrough as Pakistan seeks to
Pakistan has activated comprehensive screening measures at airports nationwide in response to a rapidly escalating Ebola outbreak in Central Africa that has now been classified as an international health emergency by the World Health Organization.
Pakistan faced one of its bloodiest weekends in recent memory as security forces killed dozens of terrorists in multiple operations while a devastating suicide attack on a passenger train in Quetta claimed 14 innocent lives,
Pakistan is preparing for a severe heatwave emergency as the National Disaster Management Authority issued a high-level alert on Monday, warning that dangerously high temperatures will grip large swathes of the country for an entire
A violent dispute over a marriage between two individuals from different communities has left more than 100 homes reduced to ashes in Jacobabad district, Sindh, forcing hundreds of families to shelter under the open sky
President Asif Ali Zardari has officially called sessions of the National Assembly and Senate for June 5 in Islamabad, marking the formal start of proceedings for Pakistan's federal budget for the fiscal year 2026-27. The
Pakistan's tax collection crisis has deepened dramatically, with the Federal Board of Revenue now facing a shortfall of Rs868 billion in the first eleven months of the current fiscal year, raising the specter of a
Oil prices tumbled sharply this week and Asian stock markets rallied as growing optimism emerged that the United States and Iran may be nearing a deal to end their three-month conflict—a development that could eventually
A dangerous escalation between the United States and Iran has left 20 American military installations damaged across the Gulf region, according to satellite imagery analysis released Monday, even as Pakistan struggles to broker a lasting
Pakistani consumers received a significant financial boost this Eid ul Adha as the federal government announced a sharp reduction in fuel prices, cutting both petrol and diesel by Rs22 per litre effective May 30. The
Global oil prices jumped sharply on Monday morning as Israel ordered its forces to advance further into Lebanese territory, shattering hopes for a lasting ceasefire and reigniting fears of a wider Middle East conflict that
Pakistani electricity consumers will see no tariff increase in June, the Power Division announced Monday, marking a significant departure from the pattern of monthly price adjustments that have squeezed household budgets for years. The government
Pakistan has committed to achieving a primary surplus of 2% of gross domestic product in the upcoming fiscal year 2027-28, a significant fiscal tightening pledge made as the International Monetary Fund wrapped up a week-long
Prime Minister Shehbaz Sharif has extended a bold invitation to Chinese companies: relocate your factories to Pakistan, partner with local entrepreneurs, and tap into a cost-competitive manufacturing base that could reshape both economies. Speaking at
Pakistani consumers received welcome news on Friday as the federal government announced another reduction in fuel prices, marking the second consecutive week of relief at petrol stations nationwide. The Petroleum Division confirmed that petrol prices
Pakistan is preparing to host a fresh round of high-stakes negotiations between the United States and Iran in the coming days, Prime Minister Shehbaz Sharif announced on Sunday, as diplomatic momentum builds toward ending a
Pakistani investors rushed into equities on Monday as global oil prices tumbled to two-week lows, driven by mounting expectations that the United States and Iran are nearing a peace agreement that could reopen the Strait
Pakistan's economic recovery remains on track despite mounting global pressures, but the escalating conflict in the Middle East now poses a serious threat to the country's hard-won stability, the International Monetary Fund has warned. The
Pakistan has achieved a major financial breakthrough by successfully launching its first-ever Panda Bond in China's domestic capital market, raising $250 million amid extraordinary investor enthusiasm that saw demand soar more than five times the
Pakistani consumers will receive modest financial relief starting Saturday as the government announced a reduction of five rupees per litre in both petrol and high-speed diesel prices, bringing petrol to Rs409.78 and diesel to Rs409.58
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A quiet crisis is building in Pakistan's technology sector, one that could unravel years of progress in youth employment and foreign exchange earnings. The country's thriving outsourcing industry, which generates over $3 billion annually and
Oil markets jumped sharply on Monday as military tensions between the United States and Iran flared anew, with both nations exchanging strikes over the weekend—a development that could significantly worsen Pakistan's import bill and fuel
As Pakistan prepares to unveil its federal budget for 2026-27 in early June, millions of salaried workers, pensioners, and business owners are bracing for disappointment. Despite government intentions to ease the tax burden on wage
A troubling economic reality has emerged in Pakistan: workers who simply kept pace with inflation are now being taxed as if they received massive raises, even though their purchasing power has collapsed. Between 2021 and
Pakistani investors faced a brutal trading session on Monday as the country's benchmark stock index plummeted by more than 3,000 points, wiping out billions of rupees in market value and raising fresh concerns about economic
Pakistan's upcoming budget for fiscal year 2026-27 is shaping up to be a delicate balancing act between public expectations and international obligations, with the government signaling that meaningful tax relief may remain out of reach.
Pakistan's stock market delivered a strong performance this week, with the benchmark KSE-100 index climbing 2,248 points to close at 167,844 despite experiencing significant daily volatility that tested investor nerves. The weekly gain of 1.36%
Pakistan has launched a high-stakes privatisation drive that could reshape how millions receive electricity, formally opening the bidding process for three major power distribution companies that collectively serve over 14 million consumers nationwide. The government
Pakistan has locked in more than $13 billion worth of business agreements and joint ventures with China, Deputy Prime Minister Ishaq Dar announced during a high-profile investment conference in Hangzhou, signaling a dramatic acceleration in
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# FPCCI Pushes for Major Tax Relief for Pakistan's Salaried Workers in Budget 2026-27 ## Business lobby proposes sweeping reforms to ease burden on middle-class employees as government prepares next fiscal blueprint **KARACHI:** Pakistan's premier
Pakistan's fragile economic recovery faces a fresh threat as oil prices climbed to a two-week high amid escalating tensions with Iran, adding pressure on the country's import bill and inflation outlook at a critical juncture.
Gold prices in Pakistan have tumbled dramatically, with the precious metal losing Rs15,500 per tola in a single day as a global selloff swept through bullion markets, dealing a heavy blow to savers, investors, and
Pakistan has ramped up health screening protocols at all major airports following the World Health Organisation's declaration of an international health emergency over a rapidly spreading Ebola outbreak in the Democratic Republic of Congo that
Pakistan delivered a statement victory over Australia in Rawalpindi on Saturday, winning by five wickets in a match that will be remembered for both its historic significance and a sensational individual performance that has cricket
Pakistan marked their 1000th One Day International with a statement victory, defeating Australia by five wickets in Rawalpindi on Saturday in a match that will be remembered for both its historic significance and a record-breaking
Pakistan's cricket selectors have announced a reshuffled 16-member squad for the upcoming three-match ODI series against world champions Australia, marking the return of star batsman Babar Azam and introducing three fresh faces to the national
Australian cricketer Travis Head and his wife Jessica have become targets of a vicious online harassment campaign following a tense on-field confrontation with Indian batting legend Virat Kohli during an Indian Premier League match. The
Pakistan's cricket landscape has shifted dramatically as the national team prepares to host Australia for a three-match ODI series starting May 30, with star batter Babar Azam making a high-profile return to the squad after
Pakistan cricket suffered one of its most humiliating defeats in history as Bangladesh completed a stunning 2-0 Test series whitewash on Wednesday, sending the Green Shirts plummeting to eighth place in the ICC World Test
Pakistan's cricket team faces a monumental challenge in the second Test against Bangladesh, needing to chase down 437 runs after the hosts posted a commanding second-innings total on day three at Sylhet International Cricket Stadium.