ISLAMABAD: The government will sign a Rs1.225 trillion financing agreement with 18 domestic banks on Wednesday, a critical move to pare down the power sector’s crippling circular debt, which has choked utilities and weighed heavily on the nation’s economy.
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Punjab unveils flood relief plan, sidesteps federal aid in swipe at Sindh
LAHORE: The Punjab government on Tuesday announced a sweeping relief package for millions affected by recent floods, introducing personalised relief cards to deliver aid directly to victims.
Trump pitches Gaza ceasefire plan to Muslim leaders, rejects Palestinian statehood at UN
ISLAMABAD: President Donald Trump met with Muslim leaders from the Middle East and beyond on Tuesday to unveil a plan to end Israel’s war in Gaza, hours after a combative UN General Assembly speech in which he rejected growing global support for Palestinian statehood as rewarding “horrible atrocities” by Hamas.
Blast derails Jaffar Express in Balochistan, several injured
QUETTA: An explosion derailed four cars of the Jaffar Express near Spezand in Balochistan’s Mastung district on Tuesday, injuring several passengers, including women and children, officials said.
TCP’s sugar tender draws $534.75/ton low offer – traders
KARACHI: Pakistan’s state trading agency received a low offer of $534.75 a metric ton, cost and freight included, in an international tender to purchase 100,000 tons of white sugar, according to initial assessments from traders.
Pakistan’s poverty edges up to 25.3 percent in reversal of long-running decline – World Bank
ISLAMABAD: Pakistan’s poverty rate climbed to 25.3% in the fiscal year through June 2024, reversing nearly two decades of steady declines, as economic shocks and policy missteps eroded earlier gains, according to a World Bank report.
Justice Jahangiri seeks urgent Supreme Court hearing after being restrained over degree doubts
ISLAMABAD: A judge on Islamabad High Court has asked the Supreme Court to urgently hear his challenge to a restraining order that has barred him from performing judicial duties, after questions arose about the validity of his law degree, court documents showed.
Pakistan to launch 5G in seven cities within months, eyes Saudi-backed investment
KARACHI: Pakistan will roll out 5G wireless services within months, starting in seven major cities, as the cash-strapped South Asian nation seeks to bolster its digital infrastructure and draw foreign investment through a new defence pact with Saudi Arabia.
ATC rejects Imran Khan’s bid to halt trial over 2023 military headquarters attack
RAWALPINDI: An anti-terrorism court on Tuesday rejected pleas by former prime minister Imran Khan to halt proceedings in a case accusing him of involvement in a 2023 attack on the army’s General Headquarters, amid ongoing disputes over virtual court appearances plagued by technical glitches.
Top court faults army law on civilians appeal rights, urges legislative fix
ISLAMABAD: The Supreme Court of Pakistan has ruled that the Pakistan Army Act (PAA) of 1952, while providing due process protections, falls short of constitutional standards by denying civilians tried in military courts an independent right to appeal in civilian courts.