ISLAMABAD: A 5.9-magnitude earthquake struck Pakistan’s capital region and parts of Khyber Pakhtunkhwa on Thursday night, sending residents into the streets as tremors reverberated through Islamabad, Rawalpindi, and surrounding areas, according to the Pakistan Meteorological Department (PMD).
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US condemns suicide bombing at political rally in Balochistan province
ISLAMABAD: The United States on Thursday strongly condemned a suicide bombing that killed at least 15 people at a political rally in the restive southwestern province of Balochistan, joining Pakistani leaders in denouncing the attack claimed by the Islamic State and pledging continued solidarity in the fight against terrorism.
Bandits kidnap 10 in retaliatory attack on Punjab highway, injuring three
RAHIM YAR KHAN: Bandits armed with assault rifles and rocket launchers ambushed vehicles on a major highway in southern Punjab province on Thursday morning, kidnapping 10 people and injuring three others in an attack that police said was retaliation for a drone strike on a criminal hideout a day earlier.
ADB approves $130 mln loan for Pakistan’s energy sector – ministry
ISLAMABAD: The Asian Development Bank (ADB) has approved a $130 million loan for Pakistan’s energy sector to help promote clean energy and upgrade the country’s power transmission and distribution systems, the energy ministry said on Thursday.
ECP postpones by-elections in flood-ravaged Punjab as rivers surge and evacuations escalate
ISLAMABAD: Pakistan’s election commission has postponed by-elections in nine constituencies in Punjab province, overwhelmed by catastrophic flooding that has left dozens dead, millions displaced and rescue efforts stretched thin across the region.
Pakistan, China pledge to fast-track CPEC 2.0 projects, sign raft of MoUs in Beijing
ISLAMABAD: Prime Minister Shehbaz Sharif and Chinese Premier Li Qiang reaffirmed their commitment on Thursday to advancing the second phase of the China-Pakistan Economic Corridor, a multibillion-dollar infrastructure initiative central to their strategic partnership, during a meeting Sharif described as “warm and most productive.”
Divided IHC adopts contentious rules, senior judges in revolt
ISLAMABAD: A deeply divided Islamabad High Court (IHC) adopted the High Court Establishment (Appointment and Conditions of Service) Rules, 2025, on Wednesday, pushing through a contentious set of regulations despite fierce opposition from senior judges, Dawn newspaper reported on Thursday.
Wapda seeks 91 percent hike in hydel revenue to Rs364.9 billion for 2025-26
LAHORE: Pakistan’s state-owned Water and Power Development Authority (Wapda) has proposed a 91% increase in its total revenue requirement, including hydel levies, to Rs364.872 billion for the fiscal year 2025-26, up from Rs190.909 billion set by the National Electric Power Regulatory Authority (Nepra) for 2022-23, according to a tariff petition filed with the regulator.
Pakistan cotton arrivals up 9 percent by Aug. 31, but floods threaten gains
KARACHI: As Pakistan grapples with devastating floods that have submerged vast farmlands, early signs of a stronger cotton harvest are offering little solace to farmers and mill owners, who warn that surging import costs and lost exports could deepen the nation’s economic woes.
SBP signals green light to legalise digital currencies, regulatory framework pending
ISLAMABAD: Pakistan’s central bank has signalled its intention to legalise digital currencies, marking a reversal of its previous ban as the government advances plans to regulate the sector through the Virtual Assets Bill, 2025.