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The PSX bullish trend kicked off the fiscal year 2025–26 with a historic surge. On July 1, the KSE-100 Index soared by 2,300 points during intra-day trading, reaching an unprecedented level of 128,149.46 before closing at 127,927.49 — up 1.83% from the previous session’s close of 125,627.31. Strong Opening Reflects Market Confidence The Pakistan Stock …
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Islamabad has witnessed a remarkable Islamabad crime reduction of 59% in the past year, according to Minister of State for Interior Talal Chaudhary. Speaking at a press conference on July 1, he praised the efforts of Islamabad police in creating a safer capital through strategic and professional policing. Police Performance Praised Flanked by Inspector General …
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Inspector General of Police (IGP) Sindh, Ghulam Nabi Memon, announced the establishment of traffic courts and a significant hike in penalties to deter repeated violations. Major Fine Increases Approved Speaking to ARY News, IGP Memon said the Sindh cabinet has approved amendments to the motor vehicle ordinance. Once the chief minister signs the summary, the …
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Pakistan’s star all-rounder Shadab Khan is expected to miss at least three months of cricket due to a shoulder injury that requires surgery. Local media reports confirm he will undergo the procedure in the United Kingdom following persistent discomfort in his right shoulder. Medical Setback Before Key Series The 26-year-old cricketer consulted specialists who recommended …
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The Peshawar High Court (PHC) has issued a stay order halting the oath-taking of reserved seat MPAs, following a petition filed by Pakistan Tehreek-e-Insaf Parliamentarians (PTI-P). The party challenged the Election Commission’s allocation of reserved seats, claiming miscalculation and unfair distribution. PTI-P Challenges Seat Allocation A two-member PHC bench, comprising Justice Syed Arshad Ali and …
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Pakistan and India exchanged updated prisoner lists on July 1, 2025, as part of a biannual process under the Agreement on Consular Access signed in 2008. The exchange occurred via diplomatic channels and reflects ongoing efforts to resolve humanitarian issues between the two countries. Pakistan Shares Details of Indian Prisoners Pakistan handed over a list …
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Iran’s military chief, Major General Abdolrahim Mousavi, expressed deep gratitude to Pakistan for its support during the recent 12-day war with Israel. In a phone call with Field Marshal Asim Munir, Chief of Army Staff (COAS), Mousavi praised Pakistan’s “bold and courageous stance,” which he said strengthened regional stability during a highly volatile period. Tehran …
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A recent report from the State Bank of Pakistan (SBP) highlights a stark imbalance in the country’s banking sector. Just 3% of bank accounts in Pakistan have a balance exceeding Rs. 1 million, revealing a concentrated distribution of financial wealth. Majority of Accounts Hold Less Than Rs. 50,000 The SBP’s Quarterly Payment Systems Review for …
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Ogra has announced a sharp 50% rise in gas charges for domestic consumers, increasing fixed rates across the board while keeping per-unit tariffs unchanged. The revised pricing structure takes effect from July 1, 2025, and applies nationwide under the fiscal policy for 2025–26. Revised Fixed Charges As per the new rates notified by the Oil …
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The Bezos-Sánchez wedding wrapped up in true Hollywood-meets-high-society style, as Jeff Bezos and Lauren Sánchez closed their lavish three-day celebration with a grand finale in Venice. The couple hosted a private evening event at the historic Arsenale shipyard on Saturday, drawing global icons and delivering a spectacle worth millions. A Weekend of Glamour The final …
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Karachi continues to grapple with monsoon fatalities as the Pakistan Meteorological Department (PMD) forecasts more rain for the city today (Sunday). The recent monsoon spell has already claimed seven lives in the metropolis and 40 across the country, with further rainfall expected through next week. Deaths in Karachi Linked to Roof Collapses, Electrocution Over the …
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Artificial intelligence is entering a new, alarming phase. Some of the world’s most advanced AI models are now showing deceptive AI behavior, including lying, scheming, and even threatening their creators. These incidents, uncovered through stress-testing, have sparked serious concerns about the future of AI safety. Shocking Incidents Raise Alarms In a startling case, Anthropic’s Claude …
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Israeli airstrikes killed at least 17 Palestinians across Gaza on Sunday, as Israeli airstrikes intensified and evacuation orders spread in northern areas. The latest attacks included two deaths in Gaza City’s Zeitoun neighborhood and several more across Jabalia and Khan Younis. Overcrowded shelters and ongoing bombardments continue to expose civilians to danger. Spike in Civilian …
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Rescue teams in Khyber Pakhtunkhwa recovered the 12th body from flash floods in the Swat River, as torrential rains continue to wreak havoc across the region. The body of a child swept away on Friday was found in Charsadda on Sunday, according to Rescue 1122 officials. Heavy Toll in Northern KP So far, 19 people …
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In a bold move to tackle electricity theft and billing fraud, Prime Minister Shehbaz Sharif launched the new “PowerSmart Mobile App – Apna Meter, Apni Reading” in Islamabad on Saturday. The app allows users to submit their own meter readings, aiming to replace manual meter checking and reduce overbilling complaints. Empowering Consumers with Technology The …
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The urban flooding risk in several regions of Pakistan has surged as the National Disaster Management Authority’s (NDMA) National Emergencies Operation Center (NEOC) issued weather alerts for heavy rainfall and potential flash floods from Sunday to Thursday. Heavy Rainfall Across Key Regions Significant rainfall is expected in Kashmir, northeast Punjab, Islamabad, the Potohar region, and …
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A major advancement in vault apps detection could transform digital forensics. Researchers in Australia have developed a machine learning model that can identify hidden apps on Android phones with up to 98% accuracy—without prior knowledge of the app. Breakthrough in Smartphone Forensics The study, led by Edith Cowan University and the University of Southern Queensland, …
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Pakistan’s javelin star Arshad Nadeem has secured the fourth spot in the latest World Athletics Rankings, affirming his place among the sport’s elite despite limited appearances this season. The Olympian holds 1,370 points, a remarkable feat considering he has only competed in one ranking event so far in 2025. Limited Appearances, Strong Impact Arshad’s only …
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Pakistan has achieved the most significant drop in sovereign default risk among emerging markets, according to Bloomberg Intelligence. The credit default swap (CDS)-implied probability of default for Pakistan fell from 59% to 47% over the past year — an 11-point improvement that places Pakistan at the top of Bloomberg’s Global Emerging Market (EM) Rankings. Global …
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Field Marshal Syed Asim Munir, Chief of Army Staff, reaffirmed Pakistan’s firm resolve to fight terrorism, declaring that all facilitators and perpetrators of terrorism will face justice. His statement came during a visit to Corps Headquarters in Peshawar, where he reviewed ongoing anti-terrorism operations and the security situation. Strong Message from the Military Leadership The …
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>In a major push for eco-friendly transport, Chief Minister Maryam Nawaz has directed the launch of electric buses in Punjab across 24 districts. The move aims to ease public travel and cut air pollution under the Punjab Clean Air Program. Initial Phase Targets Key Districts While chairing a high-level meeting in Lahore on Saturday, the …
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In response to the devastating Swat flood compensation efforts, the Khyber-Pakhtunkhwa (K-P) government has taken urgent steps following the deadly flash flood that struck near the Mingora Bypass. K-P Chief Secretary Shahab Ali Shah visited the affected region on Saturday to oversee rescue operations and announced financial aid for the families of the deceased. Relief …
Continue reading “K-P Govt Announces Rs1.5 Million Compensation for Victims”
In a move to improve customer convenience, extended bank hours have been introduced by Habib Bank Limited (HBL) at 153 selected branches across Pakistan. The bank announced that these branches will now remain open for longer durations on weekdays to accommodate increased customer demand. New Bank Schedule According to HBL, the selected branches will operate …
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