ISLAMABAD: Pakistan’s Army Rocket Force Command conducted a successful training launch of the indigenously developed Fateh-II missile system on Tuesday, the military’s media wing said, part of a sustained push by the country’s armed forces to refine their conventional missile arsenal.
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Trump says Iran is in ‘state of collapse’ and wants Hormuz reopened immediately as White House examines latest proposal
ISLAMABAD: The White House said on Tuesday it was examining Iran’s latest proposal to unblock the Strait of Hormuz, even as Tehran declared that the United States was no longer in a position to “dictate” policy to other nations and President Donald Trump publicly described the Islamic Republic as being in a “state of collapse.”
Pakistan secures $18.40/mmBtu LNG cargo from TotalEnergies to bridge supply gap amid Hormuz disruptions
ISLAMABAD: Pakistan has booked a liquefied natural gas cargo from France’s TotalEnergies SE at $18.40 per million British thermal units, a purchase intended to plug a looming supply shortfall for roughly a month, a petroleum ministry official said Monday.
Pakistan denies striking Afghan university, calls reports ‘blatant lies’ to mask Taliban support for TTP militants
ISLAMABAD: The Information Ministry on Monday rejected as fabrications Afghan media reports claiming that Pakistani forces had carried out airstrikes on a university and residential areas in Afghanistan’s eastern Kunar province.
Pakistan fuel suppliers seek prolonged CIF waiver to safeguard supply chains as Gulf shipping crisis lingers
ISLAMABAD: Pakistan’s oil refiners and marketers have asked the State Bank of Pakistan to extend by two months, or until market conditions stabilize, a temporary permission to import petroleum products on a cost-insurance-and-freight (CIF) basis, under which buyers shoulder the full responsibility for import costs and final delivery once cargoes reach the destination port.
Pakistan’s virtual assets regulator requires prior approval for all crypto deals, pilots
ISLAMABAD: Pakistan’s virtual assets regulator warned financial institutions on Monday that any agreement, memorandum of understanding or pilot program involving virtual assets — including stablecoins used for remittances and cross-border payments — requires its explicit prior authorisation.
Pakistan braces for southern heatwave as El Nino outlook sharpens
ISLAMABAD The meteorological authorities warned on Monday of mild heatwave conditions expected to grip the southern regions of the country later this week, even as a separate weather system promises temporary relief to the north and officials flagged the growing likelihood of a return of the El Niño climate pattern.
Constitutional Court temporarily restores govt power to inactivate passports and ban deportees from traveling
ISLAMABAD: Pakistan’s Federal Constitutional Court on Monday suspended a Lahore High Court ruling that had struck down key provisions of the Passport Rules 2021, temporarily reinstating the federal government’s authority to deactivate citizens’ passports and impose multiyear travel bans on people deported from abroad or suspected of involvement in human trafficking.
ECC signals easing inflation pressures, approves Rs5.985 billion to clear PIA dues
ISLAMABAD: The Economic Coordination Committee of the cabinet said on Monday that price increases for essential commodities have slowed after a temporary acceleration, as the government’s top economic panel also approved fresh funding to help clear remaining liabilities at the national airline days before its full handover to private owners.
Araghchi blames US “excessive demands” for stalled peace talks, consults allies in Pakistan, Oman and Russia
ISLAMABAD: Iranian Foreign Minister Abbas Araghchi arrived in Russia on Monday after a frantic three-day shuttle through Pakistan and Oman, telling his Russian hosts that Tehran was prepared to resume indirect negotiations with the United States — but only on terms that protect Iran’s core interests in the Persian Gulf and its nuclear program.