Pakistan, Russia Move Closer to Overland Trade Corridor Pakistan and Russia are taking a big step toward boosting trade with a new overland rail route connecting Karachi Port to Moscow. The route, planned under the 9th Intergovernmental Commission (IGC), will pass through Iran, Turkmenistan, and Kazakhstan. A key milestone came in May 2025 when Pakistan […]
SPI Shows Mixed Trends: Prices Rise for Some Essentials, Fall for Others Islamabad – The Sensitive Price Index (SPI) recorded a slight weekly dip to 330.32 points from 330.84 points last week, according to the latest data from the Pakistan Bureau of Statistics (PBS). Despite the weekly drop, the index is up 3.95% compared to […]
PM Shehbaz Sharif Applauds Economic Gains, Highlights Investor Confidence Islamabad – Prime Minister Shehbaz Sharif on Friday expressed satisfaction over the country’s economic performance, praising his team for steering Pakistan’s economy toward a positive trajectory. Speaking on the sidelines of recent developments, the prime minister said the historic gains at the Pakistan Stock Exchange (PSX) […]
Orangi Town UC-1 Chairperson Seat Flips After Recount; PPP’s Shahnila Amir Loses Lead Karachi – A dramatic twist unfolded in Orangi Town’s UC-1 chairperson race after a recount overturned the initial results. Earlier on Wednesday, Shahnila Amir of the PPP had been declared the winner with 3,801 votes, defeating Muhammad Ali of the TLP, who […]
Sindh Cabinet Reshuffles Key Portfolios Ahead of 2025-26 Budget Karachi – In a major reshuffle of the Sindh provincial cabinet, several key ministers and special assistants have been reassigned new responsibilities, official sources confirmed. The Local Government Department will be taken away from Saeed Ghani and handed over to Nasir Hussain Shah. Saeed Ghani, in […]
IMF Urges Faster Resolution of Tax Disputes as Pakistan Pushes for Relief ISLAMABAD – Pakistan has briefed the International Monetary Fund (IMF) on why it missed recent tax collection targets, with officials highlighting flood-related losses and ongoing court cases that have stalled revenue recovery. According to Federal Board of Revenue (FBR) sources, the IMF pressed […]
U.S. Government Shutdown Threat Raises Fears for Markets and Regulators A potential U.S. government shutdown is raising alarms across Wall Street, with analysts warning it could disrupt financial markets, delay crucial economic data, and stall regulatory oversight. According to a note from Nomura, a prolonged shutdown could postpone or even cancel the release of key […]
From January to August 2025, Pakistan exported rice worth USD 44.31 million to China, compared with USD 26.30 million during the same period last year, marking a 68.5% increase. The surge highlights Pakistan’s expanding presence in China’s food market and the strengthening of agricultural cooperation between the two countries. An official from Pakistan’s Ministry of […]
The decision was taken in a meeting chaired by Punjab Chief Minister (CM) Maryam Nawaz on health sector reforms, approving key decisions related to medical and dental colleges in the province. The cabinet approved the new admission policy for public and private medical and dental colleges, making it mandatory for candidates to pass the MDCAT […]
Moderate Earthquake Shakes Parts of Punjab, KP, and Islamabad ISLAMABAD – A moderate earthquake rattled parts of Punjab and Khyber Pakhtunkhwa on Thursday, with tremors felt in Islamabad, Rawalpindi, and surrounding areas. Reports also confirmed that the shaking was noticeable in Peshawar, Swat, Upper Dir, Bisham, Attock, and Chitral. According to the Seismological Center, the […]