PPP chief backs defence budget deal but warns Pakistan’s federation is running on borrowed goodwill

ISLAMABAD: Bilawal Bhutto-Zardari stepped into the National Assembly on Thursday with the authority of a man who had extracted concessions from a government desperate for his presence — and used the occasion not merely to endorse a budget compromise, but to deliver a sweeping indictment of how Pakistan’s federation actually functions beneath its constitutional veneer.

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Pakistan raises alarm over India’s 17 water projects designed to give it ‘hydro-hegemony’ over the Indus

ISLAMABAD: Pakistan has accused India of actively pursuing at least 17 infrastructure projects on the Indus river system designed to give New Delhi “the tools for hydro-hegemony” — a striking charge that escalates a diplomatic confrontation over the two countries’ six-decade-old water-sharing agreement.

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PM Sharif tells President Pezeshkian peace deal will ‘go a long way’ towards rebuilding Iran as Trump signs accord at Versailles

ISLAMABAD: Prime Minister Shehbaz Sharif told his Iranian counterpart President Masoud Pezeshkian on Thursday that the peace agreement brokered by Islamabad between Washington and Tehran would “go a long way” towards rebuilding Iran, as Donald Trump signed the deal at a candlelit dinner with Emmanuel Macron at the Palace of Versailles and critics on both sides of the Atlantic rounded on its terms.

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Pakistan gets $700 million ADB loan to fix one of Asia’s most underpenetrated insurance markets

ISLAMABAD: The Asian Development Bank has approved a $700 million policy-based loan to restructure Pakistan’s chronically underdeveloped insurance sector, the Manila-based lender said, as Islamabad accelerates a push to modernise financial markets that remain almost entirely dominated by banks.

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FDI shrinks 69 percent as power sector pulls back

Pakistan’s appeal to foreign capital deteriorated sharply in the fiscal year through May, with total foreign investment plunging 69% to $478 million from $1.56 billion a year earlier, as a retreat from the country’s dominant power sector and turbulence in global equity markets eroded inflows that Islamabad has long counted on to shore up its balance of payments.

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Pakistan tech exports surge 20 percent to $4.2bn, fueled by freelancer boom

Pakistan’s technology exports climbed 20% in the first 11 months of fiscal year 2026 to $4.2 billion, driven by a near-doubling of freelancer earnings and sustained international demand for the country’s software and digital services — figures that underscore how dramatically the sector has outpaced the broader economy.

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Nine-year-old Australian girl struck by ten bullets as police officers open fire on family car in case of mistaken identity

CHAKWAL: A post-mortem examination has confirmed that Hania Ahmed, a nine-year-old Australian national killed during a botched police operation in Pakistan last week, sustained ten gunshot wounds — five bullets, each passing clean through her small body, leaving both entry and exit wounds.

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Trump and Iran sign Islamabad accord to end four-month war — with Pakistan taking a bow

ISLAMABAD: Donald Trump put his signature to a ceasefire agreement with Iran at a candlelit dinner in the Palace of Versailles on Wednesday night, bringing to a formal close a four-month conflict that has convulsed energy markets, stoked inflation and pushed the Middle East to the edge of a broader catastrophe — while warning, in the same breath, that he was ready to resume bombing if Tehran failed to comply.

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