Tencent Invests $1.25 Billion in Ubisoft Spin-Off to Expand Gaming Empire

Chinese tech giant Tencent has invested $1.25 billion in a new Ubisoft subsidiary, securing a 25% stake in the business. The unit, valued at €4 billion, will manage some of Ubisoft’s most successful franchises, including Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six. Ubisoft retains majority control while Tencent strengthens its foothold in the …

Putin Proposes UN-Led Governance in Ukraine, US Rejects Idea

Russian President Vladimir Putin has suggested placing Ukraine under a temporary UN-led government to organize fresh elections. The proposal, however, was swiftly dismissed by the United States and was later downplayed by the Kremlin as just “one of the options.” Putin’s Proposal Sparks Debate Speaking in a televised address, Putin claimed a UN-backed interim government …

James Webb Telescope Captures Stunning Auroras on Neptune

The James Webb Space Telescope (JWST) has provided the first direct evidence of auroras on Neptune, revealing a breathtaking display of light in the planet’s atmosphere. Using its advanced near-infrared sensitivity, JWST captured detailed images of Neptune’s auroras, a phenomenon never directly observed before. These findings, combined with data from the Hubble Space Telescope, shed …

Xi Jinping Calls Globalization ‘Unstoppable,’ Urges Foreign Investment

Chinese President Xi Jinping reaffirmed China’s commitment to globalization, telling top business leaders that despite rising trade tensions, economic integration remains inevitable. His remarks come as China faces mounting pressure from U.S. tariffs and geopolitical uncertainties. Xi Stresses the Need for Multilateralism Speaking at the Great Hall of the People in Beijing, Xi met with …

Court Rejects Bail Plea of Journalist Farhan Mallick in Peca Case

A Karachi court has denied bail to journalist Farhan Mallick, who was arrested under the Prevention of Electronic Crimes Act (Peca) for allegedly spreading anti-state content. The Judicial Magistrate (East) heard Mallick’s petition on Friday and ruled against granting him bail. Journalist Arrested Over Alleged Anti-State Content The Federal Investigation Agency (FIA) took Mallick into …

Pakistan’s Crypto has Growing Potential

Pakistan has immense potential in cryptocurrency and blockchain technology, with 20 million crypto users, ranking among the top five countries globally in adoption. CEO of the Pakistan Crypto Council (PCC) and Chief Advisor to the Finance Minister, Bilal Bin Saqib, emphasized the need for regulations, consumer protection, and technological advancements to maximize these opportunities. Blockchain’s …

Pakistan to Counter Extremism Through Films, Dramas, and Digital Media

A high-level meeting led by Prime Minister Shehbaz Sharif has decided to combat extremist narratives using films, dramas, and digital media. Authorities will launch an active counter-narrative against terrorism, misinformation, and deepfake content. Strengthening the National Narrative The meeting, held at the Prime Minister’s House in Islamabad, brought together civil and military leaders, along with …

Massive Earthquake Strikes Myanmar and Thailand

A 7.7-magnitude earthquake has devastated Myanmar and Thailand, causing widespread destruction, collapsing buildings, and leaving hundreds injured or trapped. The disaster has forced Myanmar’s military government to seek international aid, while Thailand declared its capital, Bangkok, a disaster zone. Casualties and Structural Damage The powerful earthquake struck central Myanmar, with its epicenter near Mandalay, at …

PAA and IBA Karachi Launch Aviation Leadership Diploma

The Pakistan Airports Authority (PAA) and IBA Karachi have joined forces to introduce a Diploma in Leadership Aviation Management, aimed at equipping aviation professionals with modern leadership and management skills. This collaboration reflects a shared vision to enhance industry expertise and drive sustainable growth in Pakistan’s aviation sector. Agreement Signing Ceremony The agreement was signed …

SBP Releases Second Quarterly Payment Systems Review for FY25

The State Bank of Pakistan (SBP) has released its Quarterly Payment Systems Review for Q2 FY25. The report summarizes the latest trends in digital payments and highlights key developments in the country’s payment landscape. Pakistan’s digital payment ecosystem continued to expand in Q2 FY25. Retail transactions grew by 11% in volume, reaching 2,143 million. The …

Sehri and Iftar Timings for 27th of Ramadan

As of today, March 28, 2025 (corresponding to the 27th of Ramadan 1446 AH), Muslims across Pakistan continue their fasting. With Ramadan nearing its end, Sehri and Iftar timings for major cities are as follows: City Sehri Time Iftar Time Karachi 5:10 AM 6:48 PM Lahore 4:34 AM 6:21 PM Islamabad 4:36 AM 6:26 PM …

IMF Clears Minimal Power Tariff Cut, But Legal Hurdles Persist

ISLAMABAD: The International Monetary Fund (IMF) has approved only a Re1 per unit reduction in electricity tariffs. This comes after a grid levy was imposed on industrial captive power plants. However, the Islamabad High Court (IHC) has stayed the decision for over a month. IMF Resident Representative in Islamabad, Mahir Binici, confirmed the tariff reduction. …

Pakistan to Present 2025-26 Budget After IMF Consultations

ISLAMABAD: The federal government will finalize the budget for the fiscal year 2025-26 after consulting the International Monetary Fund (IMF), sources revealed. Sources in the Ministry of Finance told Geo News that another IMF delegation will visit Pakistan soon. The discussions will take place both in person and online. Officials said these talks will continue …

Putin Proposes Temporary Administration for Ukraine

Russian President Vladimir Putin has suggested placing Ukraine under temporary administration. He believes this could allow new elections and help reach a settlement in the ongoing war. Russian news agencies reported his comments early Friday. Putin made the statement during a visit to Murmansk. He said U.S. President Donald Trump truly wanted peace. His remarks …

Shawwal Moon Sighting: Saudi Astronomers Predict Eid ul Fitr on March 30

RIYADH: Astronomers in Saudi Arabia have predicted that the Shawwal moon will be visible on Saturday evening, March 29, 2025 (Ramadan 29, 1446 Hijri). If confirmed, Eid ul Fitr will be celebrated in the kingdom on Sunday, March 30. According to Arab media, the new moon is expected to be born at 2:00 PM on …

FBR Seals Luxury Watch Outlets in Karachi for Tax Evasion

The Federal Board of Revenue (FBR) has sealed three luxury watch outlets in Karachi. The businesses were accused of tax evasion and failing to comply with the Point of Sale (POS) system. According to FBR sources, the businesses declared stock worth Rs. 40 million. However, records indicate actual sales of Rs. 700 million. With a …

UK, France Call for UN Security Council Meeting on Gaza

The United Kingdom and France have urged the UN Security Council to hold an urgent meeting on Friday. They want to discuss the humanitarian crisis in Gaza and ensure the protection of aid workers. Al Jazeera reported this development, citing diplomatic sources. The call for a meeting follows increasing violence in Gaza. Humanitarian groups have …

Pakistan’s New Canal Project Triggers Water Shortage Fears

A massive canal project under Pakistan’s Green Pakistan Initiative (GPI) has sparked protests over potential water shortages in the country’s southern regions. The government claims the $3.3 billion project will boost agriculture and food security, but critics fear it will deprive Sindh, a lower riparian province, of its fair share of water. What Is the …

Leaked Signal Chat Reveals Trump Administration’s Attack Plans on Yemen

A major security breach has exposed detailed US military plans for airstrikes against Yemen’s Houthi rebels. The classified information was mistakenly shared in a Signal chat that included Jeffrey Goldberg, editor-in-chief of The Atlantic. The leak has sparked controversy, with President Donald Trump dismissing it as “not a big deal.” Leaked Messages Reveal Attack Timeline …

Pakistan Adds Haris Rauf and Usman Khan to ODI Squad

The Pakistan Cricket Board (PCB) has strengthened the national team by adding Haris Rauf and Usman Khan to the ODI squad for the upcoming three-match series against New Zealand. The inclusion of these two players aims to bolster Pakistan’s bowling and wicket-keeping options. Haris Rauf Strengthens Pace Attack Haris Rauf has earned his place in …

IMF Approves Electricity Tariff Cut of Re1 Per Unit

The International Monetary Fund (IMF) has approved a Re1 per unit reduction in electricity tariffs, providing relief to consumers struggling with rising inflation. The relief will be funded through a gas levy on captive power plants, ensuring financial stability while easing the burden on households. Tariff Relief Plan This electricity tariff reduction applies to all …

Weather Update: Rain and Strong Winds Return to Punjab

A new weather system has entered Punjab, bringing rain and strong winds after weeks of dry weather. The Meteorological Department has forecast showers and gusty winds in multiple districts, including Gujranwala, Rawalpindi, and Sargodha. While many regions will experience rainfall, Lahore and surrounding areas are expected to remain cloudy with intermittent sunshine but no precipitation. …

Jaffar Express Resumes Service After 16-Day Suspension

Islamabad: Train services in Balochistan have resumed after a 16-day suspension following a terrorist attack on the Jaffar Express. The train departed from Peshawar Cantt Railway Station, marking a significant milestone in restoring operations. Federal Minister Amir Muqam was present at the station to bid farewell to passengers and offer prayers for their safe journey. …

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