Pakistan Tops Global Rankings in Sovereign Risk Improvement

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 …

Field Marshal Vows Swift Justice for Terrorism in Pakistan

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 …

Punjab to Roll Out 240 Electric Buses Across 24 Districts

>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 …

K-P Govt Announces Rs1.5 Million Compensation for Victims

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 …

Bank Timings Extended at Selected HBL Branches Nationwide

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 …

Suicide Bombing in North Waziristan Kills 13 Soldiers, Injures Dozens

A devastating North Waziristan attack claimed the lives of at least 13 soldiers and injured 24 others, including civilians, after a suicide bomber targeted a military convoy on Saturday. The explosion occurred in Khadi Market, Mir Ali, located in Pakistan’s Khyber Pakhtunkhwa province, highlighting the escalating security threat in the region. Convoy Targeted in Coordinated …

KSE-100 Becomes Top Asset Class in FY25 With 55% Return

The KSE-100 Index outperformed all major asset classes in Pakistan during FY25, delivering a powerful 55.6% return. This surge came on the back of aggressive monetary easing, increased liquidity, and renewed investor confidence across key sectors, according to Arif Habib Limited (AHL). Equities Outshine Gold, Bonds AHL’s report highlighted that the KSE-100 outpaced traditional investment …

Bilawal, Fawad Clash Over Indus Waters Treaty Debate

A fresh political war of words erupted online as the Indus Waters Treaty once again took center stage following a key ruling by the Permanent Court of Arbitration. Pakistan welcomed the court’s Supplemental Award affirming that India cannot unilaterally suspend the treaty. However, what started as a diplomatic win turned into a heated online exchange …

IHC Orders CDA Dissolution, Shifts Powers to Islamabad Government

In a landmark ruling, the Islamabad High Court (IHC) has directed the federal government to initiate the CDA dissolution process and hand over all powers and assets to the Metropolitan Corporation Islamabad (MCI). The court ruled that the Capital Development Authority (CDA) has outlived its original purpose. Court Declares SRO Illegal Justice Mohsin Akhtar Kayani …

NDMA Issues Emergency Alert as Monsoon Storms Threaten

The monsoon alert from the National Disaster Management Authority (NDMA) has placed large parts of Pakistan on high alert as widespread rain, thunderstorms, and potential flooding are forecasted over the next 12 to 24 hours. The warning comes as the country braces for severe weather impacts that could disrupt daily life and pose significant risks. …

Governor Kundi Slams KP Government as Swat River Tragedy Claims 11 Lives

The Swat River flood turned tragic as the death toll from the Mingora incident climbed to 11 on Saturday. The disaster has triggered a wave of criticism against the Khyber Pakhtunkhwa (KP) government for its delayed response, with KP Governor Faisal Karim Kundi demanding Chief Minister Ali Amin Gandapur’s resignation. Sudden Rise in Water Level …

‘Kaanta Laga’ fame Shefali Jariwala passes away at 42

Mumbai: Actor and model Shefali Jariwala, best known for her breakout music video Kaanta Laga, passed away late Friday night in Mumbai. She was 42. According to police sources, Shefali was found unresponsive at her Andheri Lokhandwala residence and was rushed to Bellevue Hospital, where she was declared dead on arrival. The cause of death …

Pakistan Army Deployed Nationwide for Muharram Security

The Ministry of Interior has approved the deployment of Pakistan Army and Civil Armed Forces (CAFs) across the country to maintain law and order during the sensitive month of Muharram. A formal notification confirmed that the decision follows requests from all provincial governments, along with Gilgit-Baltistan, Azad Jammu and Kashmir, and the Islamabad Capital Territory. …

Monsoon Fury: 11 Dead, 17 Drowned as Flash Floods Devastate Swat

PESHAWAR: Torrential monsoon rains have unleashed chaos across Khyber Pakhtunkhwa, triggering deadly flash floods and landslides in the Swat region. According to the Provincial Disaster Management Authority (PDMA), 11 people have lost their lives and six others are injured in weather-related incidents since Friday. The casualties include four men, three women, and four children. The …

PWP: First Monsoon Spell Hits Sindh, Second Under Watch for Early July

The first monsoon spell has finally arrived in Sindh, bringing much-needed rain and some chaos with it. According to Pakistan Weather Portal (PWP), a low-pressure system in the Arabian Sea is fueling intermittent rain, at times heavy, across the province — including Karachi. Several areas of Karachi have already seen downpours accompanied by strong winds …

Israeli Military Launches Deadly Overnight Rampage Across Gaza

The Israeli military carried out a series of deadly attacks across the Gaza Strip overnight, leaving dozens of Palestinians dead or injured. The raids targeted areas housing displaced civilians, schools, and residential homes — adding to the growing toll of civilian casualties in the ongoing war. In the early hours of Saturday, a deadly Israeli …

Nine Israelis Arrested After Settlers Attack Soldiers, Rampage in West Bank Village

Tensions in the occupied West Bank soared again on Friday night after Israeli settlers launched a violent rampage in the village of Kafr Malek — this time targeting not just Palestinians but also Israeli soldiers. According to Israel’s Kan public broadcaster, several dozen settlers attacked military reservists who had arrived to respond to the chaos. …

Trump Threatens New Strikes as Iran Claims Victory in Israel War

Trump Threatens New Strikes as Iran Claims Victory in Israel War in the recent 12-day war with Israel. In a fiery post on his Truth Social platform, Trump said Iran suffered devastating losses and accused Khamenei of spreading lies to save face. “He blatantly and foolishly lied,” Trump wrote, referring to Khamenei’s recent speech where …

Asim Munir Praises Civil Bureaucracy as Key to National Progress

Field Marshal Asim Munir, Pakistan’s Chief of Army Staff, called the role of civil bureaucracy “indispensable” to national governance. Addressing probationary officers of the 52nd Common Training Program (CTP) at the Civil Services Academy on June 27, he highlighted the importance of civil-military synergy for achieving Pakistan’s strategic and developmental goals. Stressing Unity in Governance …

Court Upholds Pakistan’s Stance in Indus Waters Treaty Arbitration

Pakistan has welcomed the Supplemental Award issued by the Court of Arbitration in the Indus Waters Treaty dispute, which reinforces Islamabad’s position that India cannot unilaterally suspend the agreement or restrict the court’s authority. Court Affirms Jurisdiction The court declared that its jurisdiction remains intact despite India’s claims of placing the treaty in “abeyance.” It …

Supreme Court Bars PTI From Reserved Seats, Restores PHC Verdict

In a significant political setback, the Supreme Court has ruled that the Pakistan Tehreek-e-Insaf (PTI) is not eligible for reserved seats in national and provincial assemblies. The decision, delivered by a 7-5 majority, comes after the court accepted multiple review petitions and overturned its previous July 2024 ruling that had favored PTI. Majority Verdict Favors …

Malala Unveils Her Most Personal Memoir Yet: ‘Finding My Way’

Malala Yousafzai, the youngest Nobel Peace Prize laureate, is set to release her most intimate memoir yet, Finding My Way, in October 2025. The book, described by Malala as “messy, honest, and sometimes painfully funny,” explores the lesser-known chapters of her life — touching on friendship, first love, mental health, and personal growth. A Story …

Gold Price Sees Steady Trend in Pakistan on June 27 Amid Global Markets

Gold rates in Pakistan remained steady on June 27, reflecting the impact of international market fluctuations. Local Sarafa markets across major cities like Karachi, Lahore, and Islamabad reported consistent pricing, influenced by global demand and currency movement. Current Gold Rates in Major Cities As of Friday, the price of 24-karat gold per tola stood at …

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