Prime Minister Shehbaz Sharif directed authorities on Saturday to draw up a comprehensive strategy to stabilize electricity tariffs and deliver relief to both industrial and domestic users, as his government presses ahead with long-stalled reforms in Pakistan’s troubled power sector.
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US awards Northrop Grumman $488 million deal for F-16 radar support, including Pakistan’s fleet
ISLAMABAD: The United States has moved to extend the operational life of F-16 fighters flown by more than 20 partner nations, including Pakistan, with a $488 million engineering and technical support contract awarded to Northrop Grumman this week.
Iran signals openness to US talks on nuclear program and Strait of Hormuz but says next move is Washington’s
ISLAMABAD: Iran told the United States on Saturday that the path forward rests with Washington, offering a revised proposal that shows limited new flexibility on reopening the Strait of Hormuz while insisting it remains prepared for either diplomacy or continued confrontation.
Trump dismisses Iran’s latest peace proposal as ‘not satisfactory’
ISLAMABAD: President Donald Trump on Friday rejected Iran’s newest proposal for ending the US-Israeli war with Tehran, telling reporters he was “not satisfied” with the offer even as he formally notified Congress that hostilities had “terminated” and the 60-day clock under the War Powers Resolution had run out.
PM Sharif orders swift launch of virtual-asset regulator to lift digital economy
LAHORE: Prime Minister Shehbaz Sharif directed authorities on Friday to move as quickly as possible to make a new regulatory system for virtual assets fully operational, saying the framework must meet international standards to help expand Pakistan’s digital economy and bolster investor confidence.
Pakistan predicts below-average rains and scorching heat for 2026 monsoon as El Niño emerges
ISLAMABAD: Pakistan’s Meteorological Department warned on Friday that the 2026 southwest monsoon season is likely to bring below-normal rainfall to most of South Asia and above-normal temperatures across nearly the entire region, driven by the probable development of El Niño conditions over the equatorial Pacific.
Pakistan confirms two new polio cases in Khyber Pakhtunkhwa
ISLAMABAD: The health authorities on Friday confirmed two new cases of wild poliovirus in the northwestern province of Khyber Pakhtunkhwa, bringing the country’s total for the year to three and illustrating the stubborn obstacles that continue to hinder the final stages of global polio eradication.
Pakistan sees sharp drop in militant attacks, casualties for second straight month
ISLAMABAD: Pakistan recorded a second consecutive month of markedly improved security conditions in April, with verified militant attacks falling by more than 40 percent and combat-related deaths declining sharply, according to a detailed report released by the Pakistan Institute for Conflict and Security Studies.
Inflation accelerates to 10.9 percent in April, overshooting finance ministry forecast
ISLAMABAD: Pakistan’s headline inflation quickened to 10.9% year-on-year in April, the Pakistan Bureau of Statistics reported on Friday, topping the government’s projection and highlighting the stubborn price pressures that prompted the central bank to raise interest rates for the first time in three years.
Pakistan halts power cuts after LNG cargo docks, ending month of outages
ISLAMABAD: Power Minister Awais Ahmed Khan Leghari said on Friday that planned power outages have ended nationwide after a liquefied natural gas cargo arrived the previous day, restoring stability to the electricity system following a month of fuel-driven disruptions.