FBR Misses Q1 Revenue Target; Extends Tax Return Deadline to October 15 ISLAMABAD — Pakistan’s Federal Board of Revenue (FBR) fell short of its first-quarter revenue target, collecting Rs2,885 billion against a goal of Rs3,083 billion, missing the mark by Rs199 billion. During the same period, the FBR also issued refunds totaling Rs157 billion. Breaking […]
U.S. Job Market Shows Signs of Slowing as Consumer Confidence Dips WASHINGTON — American households are growing increasingly cautious about the job market, as a new survey indicates optimism about employment is fading. The Conference Board reported Tuesday that the share of consumers who believe jobs are “plentiful” fell to its lowest level since early […]
Pakistan Allows Commercial Import of Old Vehicles with New Restrictions ISLAMABAD — The Ministry of Commerce has given the green light for the commercial import of old vehicles, but under strict conditions. Officials confirmed that all such imports will now be routed through banks and will carry a 40 percent regulatory duty. The Federal Board […]
Qatar and Egypt Deliver US Ceasefire Proposal to Hamas Doha – Qatar and Egypt have presented a new peace proposal from the United States to Hamas, just hours after President Donald Trump outlined a plan in Washington calling for a ceasefire, the release of hostages within 72 hours, disarmament of the group, and a phased […]
Pakistan Test-Fires Advanced Fatah-4 Missile Successfully ISLAMABAD – Pakistan successfully test-fired its Fatah-4 missile, a move that marks a significant enhancement in the Army’s conventional missile capabilities. According to the Inter-Services Public Relations (ISPR), the Fatah-4 is equipped with advanced avionics and cutting-edge navigational systems. Its terrain-hugging design allows it to evade enemy missile defence […]
Student Protests Bring Traffic to a Standstill in Karachi Karachi – Large-scale student protests erupted outside the DUET campus on Monday, causing severe traffic congestion across multiple major roads in the city. The demonstrations, organized by the Islami Jamiat-e-Talaba (IJT), drew significant crowds, disrupting traffic on at least eight key arteries, including Shahrah-e-Pakistan, University Road, […]
Pakistan Pushes for Clean Energy, Strengthens Power Distribution Sector Islamabad – In a recent briefing, Federal Minister Awais Leghari announced significant reforms in Pakistan’s energy sector, aimed at improving governance, accountability, and environmental sustainability. Speaking at a high-level meeting, Leghari said independent boards are being introduced in distribution companies to ensure professional management and stronger […]
PIA Staff Barred from Hangar as Airline Announces Canada Flight Discount KARACHI – Pakistan International Airlines (PIA) engineers and staff have been restricted from accessing the Ispahani Hangar premises, sources confirmed on Monday. The hangar’s parking area was sealed following a joint operation by the Pakistan Airports Authority (PAA) and PIA’s security teams. The Society […]
Sindh CM Confirms Sufficient Wheat Stocks to Keep Prices Stable Karachi – Sindh Chief Minister Murad Ali Shah has assured that the province has ample wheat stocks to maintain stable prices of flour and bread in the coming months. Speaking at a meeting held at the CM House, CM Shah highlighted that Sindh currently holds […]
PPP Holds Backchannel Talks with PML-N Over Punjab CM Concerns Sources have revealed that the Pakistan Peoples Party (PPP) has quietly opened backchannel communications with the leadership of the Pakistan Muslim League-Nawaz (PML-N). According to party insiders, the PPP expressed serious concerns regarding the conduct of Punjab Chief Minister Maryam Nawaz. In response, PML-N officials […]