In an escalating war of words that has sent jitters through global oil markets, a senior military adviser to Iran’s Supreme Leader has issued a blistering warning to Washington: any attempt by the United States to “police” the Strait of Hormuz will result in the sinking of American warships. Mohsen Rezaei, the former commander-in-chief of […]
The National Savings Division has officially released the results for the Rs. 750 prize bond lucky draw, held in Quetta on Wednesday, April 15, 2026. This was the 106th draw for the popular bond category, which remains a favourite for small-scale investors seeking government-backed security and a chance at life-changing prizes. The first prize, worth […]
The three-day Baisakhi festivities, marking the 327th birth anniversary of the Khalsa, concluded on Tuesday with a spiritually resonant Bhog ceremony at the historic Gurdwara Panja Sahib. The event drew thousands of Sikh pilgrims from India and across the world, who gathered to perform religious rituals and offer prayers for global peace. Organized under the […]
Pakistan and the wider subcontinent are likely to face a weakened monsoon season this year as the El Niño weather phenomenon begins to take shape, according to the Pakistan Meteorological Department (PMD). Experts warn that the warming of Pacific Ocean temperatures is not only expected to emerge this summer but could intensify into a “Super […]
In a historic reversal of its eight-year-old restrictive policy, the State Bank of Pakistan (SBP) has formally authorized commercial banks to provide financial services to licensed cryptocurrency and virtual asset firms. The central bank issued BPRD Circular Letter No. 10 of 2026 on Wednesday, effectively overriding the 2018 ban that had previously blocked the digital […]
Iran’s Ministry of Foreign Affairs clarified its position on the nation’s nuclear program Wednesday, stating that while the right to enrich uranium is “indisputable,” the specific technical levels of that enrichment remain open to negotiation. Speaking at a weekly press briefing, spokesperson Esmaeil Baqaei emphasized that the right to the peaceful use of nuclear energy […]
Pakistan’s Power Division issued an emergency apology to electricity consumers on Wednesday as a sharp decline in hydropower generation forced the government to implement unannounced load management across the country. Official data reveals that hydropower production plummeted by approximately 1,991 megawatts during peak nighttime hours, creating a substantial supply-demand gap. This sudden shortfall has pushed […]
The International Monetary Fund, in its latest Fiscal Monitor 2026 report, has projected Pakistan’s fiscal deficit to remain around 3.2 per cent of the gross domestic product. While the country has shown signs of stabilization, the global lender noted a slight decline in the primary surplus from 2.5 per cent, signaling a need for continued […]
TEHRAN: In a significant diplomatic development, Pakistan’s Chief of Army Staff, General Asim Munir, arrived in Tehran on Wednesday, leading a high-level delegation aimed at strengthening regional peace and security cooperation. The delegation also includes Interior Minister Mohsin Naqvi, highlighting Pakistan’s coordinated civil-military approach to addressing key regional challenges. According to a statement issued by […]
The phenomenal surge in the KSE-100 index was not a broad-based move across all sectors, but rather a powerful charge led by heavyweights in the banking, fertilizer, and power generation industries. These companies, known as “Pullers” of the index, contributed significantly to the nearly 2,900-point gain. Topping the list of market leaders was United Bank […]
