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ISLAMABAD: The International Monetary Fund (IMF) has approved Pakistan’s request to allocate Rs830 billion in subsidies for the power sector in the upcoming fiscal year 2026–27 budget. However, the approval comes with a condition that…

WASHINGTON: Iran has reportedly declined to participate in negotiations with the United States in Islamabad, dealing a setback to regional diplomatic efforts led by Pakistan. According to a report by The Washington Post, Iran has formally…

LAHORE: After successful negotiations between the Punjab Transport Department and transporters, the department has revoked the transporters’ self-imposed fare hike of 60–65%. A new fare schedule has been issued, with a 25% increase in…

ISLAMABAD: Prime Minister Shehbaz Sharif has announced an immediate cut in petrol prices by 80 rupees, bringing the price down to 378 rupees per liter a day after the rates were exorbitantly hiked. The reduction in petrol prices took…

WASHINGTON: A U.S. fighter jet was shot down over Iran on Friday, and a search-and-rescue operation is underway for the two crew members, U.S. officials said. This is the first known loss of a U.S. aircraft since the conflict began nearly…

ISLAMABAD: Pakistan has made a principal decision to return a $2 billion loan to the United Arab Emirates (UAE), with the repayment scheduled for later this month. According to sources from the Ministry of Finance, the funds have been held…

UNITED NATIONS: Pakistan’s Permanent Representative to the United Nations Asim Iftikhar warned that the Middle East is at a dangerous turning point following recent attacks on Iran. Addressing a high-level session of the UN Security…

LAHORE: The toss for the Pakistan Super League (PSL) 11 match between Multan Sultans and Lahore Qalandars was  postponed due to rain in Lahore. The match was scheduled to take place at Gaddafi Stadium, but the field was fully covered to…

ISLAMABAD: The recent escalation of tensions in the Middle East is further impacting Pakistan, with inflation accelerating for the second consecutive week after Ramadan. According to the latest weekly report by the Federal Bureau of…

ISLAMABAD: In a major relief move for commuters, the government has announced that all public transport services in Islamabad and Rawalpindi will be free for the next 30 days. The initiative, directed by the Prime Minister, will begin…