ISLAMABAD: Security forces killed 13 militants in two separate intelligence-based operations in Khyber Pakhtunkhwa province, the military said on Wednesday, part of an escalating counterterrorism campaign against a resurgent insurgency that has claimed more than 2,300 lives in the region over the past year.
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FBR misses nine-month revenue target by Rs612 billion amid war-related disruptions
ISLAMABAD: The Federal Board of Revenue fell short of its revenue target by Rs612 billion in the first nine months of fiscal 2026, the latest sign of mounting pressure on the government’s finances as conflict-related uncertainties weigh on economic activity.
Pakistan prepares major fuel-price hike as provinces commit to share subsidy burden
ISLAMABAD: The federal government and the four provinces are preparing to implement another significant rise in petrol and diesel prices within days, aiming to pass through part of the higher landed cost of imports to consumers while shielding targeted groups such as motorcyclists and farmers with subsidised fuel.
Pakistan LNG imports hit by force majeure as Middle East conflict chokes global supplies
ISLAMABAD: Pakistani power authorities told regulators on Tuesday that liquefied natural gas supplies have been declared unavailable under force majeure, halting deliveries to more than 4,500 megawatts of gas-fired generation capacity as a month-long US-Israeli war on Iran triggers the first major global fuel crunch in years.
PM Sharif orders crackdown on petroleum smuggling as Middle East conflict strains fuel supply
ISLAMABAD: Prime Minister Shehbaz Sharif directed authorities to impose stringent measures against the smuggling and illegal hoarding of petroleum products, his office said on Tuesday.
Ogra raises LPG prices 35 percent for April as Saudi Aramco benchmark jumps 44 percent
ISLAMABAD: The Oil and Gas Regulatory Authority raised the price of liquefied petroleum gas by 35 percent for April, passing on the full brunt of higher global costs to households and businesses as the Saudi Aramco contract price surged 44 percent.
Pakistan reopens Torkham border crossing for first repatriation of undocumented Afghans in months
PESHAWAR: Pakistan reopened the Torkham border crossing on Tuesday under temporary arrangements, allowing the repatriation of undocumented Afghan nationals for the first time in months after a security incident and a series of border clashes halted the process.
Pakistan and China issue five-point peace plan to end Iran war
ISLAMABAD: Pakistan and China on Tuesday jointly proposed a five-point initiative to restore peace and stability in the Gulf and the wider Middle East, calling for an immediate cessation of hostilities in the US-Israeli war on Iran, the prompt launch of peace talks and the protection of civilian infrastructure and vital shipping lanes.
Dar reaches Beijing to align with China on push for US-Iran talks
ISLAMABAD: China said Tuesday it would strengthen strategic coordination with Pakistan over the Iran crisis, as the deputy prime minister Ishaq Dar arrived in the Chinese capital for a one-day visit aimed at advancing diplomatic efforts to end the month-old war between the United States, Israel and Iran.
Provinces agree to share oil subsidy burden as government shelves lockdown plans
ISLAMABAD: Pakistan’s four provinces have reached an agreement to help finance the federal government’s oil subsidies for consumers, easing pressure on the national budget at a time of acute fuel-supply strains from the Middle East conflict, officials said.