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Pakistan presses Islamic trade lender to cut borrowing costs

Pakistan presses Islamic trade lender to cut borrowing costs

Friday October 16, 2026Friday October 16, 2026

ISLAMABAD: Pakistan has asked the trade-finance arm of the Islamic Development Bank Group to lower the cost of its lending, arguing that borrowing terms should reflect the country’s stronger position in the markets.

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Petrol cheaper, diesel dearer in daily fuel shuffle

Petrol cheaper, diesel dearer in daily fuel shuffle

Friday October 16, 2026Friday October 16, 2026

ISLAMABAD: The government cut the price of petrol by Rs3.63 a litre on Thursday but raised diesel by 31 paisa, leaving both fuels far above their level before the war between the US and Iran began in February.

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FBR gives taxpayers until 31 October to file returns in second extension of the year

FBR gives taxpayers until 31 October to file returns in second extension of the year

Friday October 16, 2026Friday October 16, 2026

ISLAMABAD: The Federal Board of Revenue has given taxpayers until 31 October to file their 2026 income tax returns, the second extension this year after traders and tax lawyers complained of delays and technical failures.

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Peshawar school owner arrested after roof collapse kills 32 children and a teacher

Peshawar school owner arrested after roof collapse kills 32 children and a teacher

Thursday October 15, 2026Thursday October 15, 2026

PESHAWAR: At least 32 children and a teacher were killed on Thursday when the roof of a privately run school collapsed onto classrooms in Peshawar, in a disaster police blamed on a weak building carrying too much weight.

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Joint session of parliament votes to strip Imran Khan’s party of power in Khyber Pakhtunkhwa

Joint session of parliament votes to strip Imran Khan’s party of power in Khyber Pakhtunkhwa

Thursday October 15, 2026Thursday October 15, 2026

ISLAMABAD: A joint session of parliament voted on Thursday to endorse emergency and governor’s rule in Khyber Pakhtunkhwa, formally stripping jailed former prime minister Imran Khan’s party of control of the northwestern province.

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UPDATE: Death toll from Peshawar school roof collapse rises to 28

UPDATE: Death toll from Peshawar school roof collapse rises to 28

Thursday October 15, 2026Thursday October 15, 2026

PESHAWAR: At least 28 people, almost all of them schoolchildren, have been killed after the roof of a private school collapsed in the Pakistani city of Peshawar, officials said.

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Seventeen children killed in Peshawar school roof collapse

Seventeen children killed in Peshawar school roof collapse

Thursday October 15, 2026Thursday October 15, 2026

By Staff Reporter PESHAWAR: At least 17 children have been killed after the roof of a private school collapsed in the northwestern Pakistani city of

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Parliament meets in joint session to cement emergency rule in Imran Khan’s stronghold

Parliament meets in joint session to cement emergency rule in Imran Khan’s stronghold

Thursday October 15, 2026Thursday October 15, 2026

ISLAMABAD: Parliament is expected to approve emergency rule in Khyber Pakhtunkhwa at a joint sitting on Thursday, cementing the removal of jailed former prime minister Imran Khan’s party from power in its northwestern stronghold.

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PEMRA orders TV channels to stop live coverage of blasts and militant attacks

PEMRA orders TV channels to stop live coverage of blasts and militant attacks

Thursday October 15, 2026Thursday October 15, 2026

ISLAMABAD: Pakistan’s media regulator has ordered television channels to stop live coverage of explosions, gunfire and militant attacks, days after the government suspended the opposition-run administration of Khyber Pakhtunkhwa province.

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Field Marshal Munir presses for ‘practical’ security cooperation with Russia in Rawalpindi talks

Field Marshal Munir presses for ‘practical’ security cooperation with Russia in Rawalpindi talks

Thursday October 15, 2026Thursday October 15, 2026

ISLAMABAD: Pakistan’s army chief has pledged to turn longstanding ties with Russia into practical security cooperation during talks with Moscow’s interior minister, who is making the first visit to Pakistan by a Russian holder of the post.

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