Bengaluru Stadium Stampede Turns Celebration Into Tragedy

A massive stampede outside the Chinnaswamy Stadium in Bengaluru claimed at least seven lives on Wednesday during celebrations for Royal Challengers Bengaluru’s historic Indian Premier League (IPL) title win. The event, intended as a joyous gathering, quickly turned chaotic as thousands rushed toward the stadium.

Celebration Spirals Out of Control

The stampede occurred as crowds surged to catch a glimpse of the victorious cricket team, which had just defeated Punjab Kings in the final. Enthusiastic fans, many waving the team’s signature red flags, packed the streets in anticipation. The team arrived at the stadium in a bus, triggering a frenzied rush.

Scenes of Panic and Desperation

Television footage captured harrowing visuals in the aftermath. A policeman was seen carrying an injured person to an ambulance. Another spectator lay unconscious on the ground as bystanders attempted to help. Emergency services rushed to the scene, but the sheer number of people made crowd control nearly impossible.

Read: Chicago Fire Unveils $650 Million Stadium Plan to Transform South Loop

Recurring Crowd Safety Issue

Stampedes remain a serious concern in India, especially during events that draw large gatherings. Safety protocols often fall short when crowd numbers exceed expectations. This incident follows a deadly stampede earlier this year at the Maha Kumbh Hindu festival, which claimed over 30 lives when millions gathered for a ceremonial dip in sacred waters.

Demand for Stronger Crowd Management

Public safety experts have repeatedly warned that India needs stricter enforcement of crowd control regulations, especially during religious, political, and sports events. In cities like Bengaluru, where stadiums sit in densely populated areas, risks increase when crowd control measures fail.

A City in Mourning

What should have been a night of celebration for the city and its cricket fans ended in mourning. As investigations begin, families of the victims demand accountability and improved safety planning for future events.

The stampede has cast a shadow over Royal Challengers Bengaluru’s historic victory, reminding authorities of the urgent need to prioritize public safety over spectacle.

iPhone 17 Air May Mark Apple’s Wireless Charging Revolution

Apple is reportedly preparing to launch the iPhone 17 Air as its first wireless charging-only smartphone, eliminating the USB-C port and embracing a fully portless design. This bold step could redefine the future of iPhones—and possibly the entire mobile industry.

No More Ports

According to industry insiders, the iPhone 17 Air will not include any physical charging ports. Instead, it will rely entirely on MagSafe wireless charging, certified under the new Qi2 standard, and cloud-based data syncing. Apple aims to create a seamless, cable-free user experience with this move.

Read: China Launches Tianwen-2 on Historic Space Mission

Legal Green Light from EU

Earlier speculation suggested Apple had delayed this shift due to European Union regulations. However, a recent clarification from the European Commission has removed that barrier. A spokesperson confirmed that if a device does not support wired charging, it does not need a USB-C port. This allows Apple to bypass the Common Charger Directive, which only applies to devices with physical ports.

Transition to Wireless Ecosystem

This change is not Apple’s first step toward a portless future. Previous iPhone models already eliminated the SIM card tray in select regions. Now, the company is continuing that trend by reducing physical components to make thinner, more durable devices.

Qi2 MagSafe Technology at the Core

The iPhone 17 Air will use Qi2-certified MagSafe technology for charging. Qi2 is a universal wireless charging standard designed for better efficiency, stronger magnetic alignment, and faster charging speeds. Apple’s early adoption could drive other manufacturers to follow suit.

Launch Set for September

Expected to debut in September, the iPhone 17 Air may become the slimmest iPhone ever. Analysts say this model could signal the end of traditional charging cables, shaping the direction of future smartphones across the industry.

As Apple moves toward a portless design, users can expect cleaner aesthetics, better water resistance, and a shift toward fully wireless ecosystems. The iPhone 17 Air could be the first in a long line of devices to completely abandon the cable.

China Eyes Pakistan’s Donkeys for Ejiao Boom

Pakistan has found itself at the center of a rising donkey skin trade, driven by China’s booming demand for ejiao, a traditional medicine made from donkey hides. With African countries restricting exports, China has turned to Pakistan to meet its growing need—threatening the livelihood of local donkey owners and the welfare of animals.

Survival Tied to a Donkey

For workers like Gulzar, a donkey is essential for survival. He hauls heavy iron loads across Karachi, earning just enough to feed his 14-member family. Half his daily income of Rs1,200 to Rs1,600 goes toward the animal’s care. Yet rising prices and high mortality rates have made donkeys harder to afford and sustain. “Even if we buy one for Rs200,000, it might not live long enough to repay the cost,” he lamented.

Soaring Prices, Shrinking Supply

Donkey prices in Pakistan have surged as high as Rs300,000 in recent months. Domestic supply struggles to keep up with local demand, let alone international interest. With 5.9 million donkeys, Pakistan ranks third globally after Ethiopia and Sudan. But increasing Chinese interest in donkey skins has inflated prices and strained availability for local laborers.

Read: Israel Halts Food Distribution Across Gaza Amid Worsening Starvation

The Ejiao Boom

Ejiao, used for treating blood deficiency syndrome, especially in women, is highly prized in China. Research shows it improves immune function and blood cell production. As China’s middle class grows, so does ejiao demand. Production jumped from 3,200 tonnes in 2013 to over 14,000 tonnes in recent years.

China Looks to Pakistan

With China’s donkey population declining by 80% since 1990, it now imports hides globally. In April 2025, a Chinese delegation expressed interest in setting up donkey farms in Pakistan. While Pakistan welcomed investment, it stressed the need to protect its local donkey population.

Animal Welfare Concerns

Experts warn that mass slaughter for ejiao raises ethical and health risks. Past outbreaks like equine influenza and zoonotic diseases highlight the dangers of the global donkey skin trade. Animal welfare groups urge stronger regulations to avoid environmental and public health crises.

Tump Assistant Commissioner Abducted Near Iran Border in Kech

In a disturbing development, assistant commissioner abduction was reported in Balochistan’s Kech district on Wednesday. Muhammad Hanif Noorzai, the assistant commissioner (AC) posted in Tump, was kidnapped by unidentified militants while traveling from Quetta to Tump, according to officials.

Kidnapped on Route from Quetta

Deputy Commissioner Kech, Bashir Ahmed Barich, confirmed the abduction. He stated that AC Noorzai was on his way to Tump, a town located near the Iranian border, when he went missing. Authorities suspect militants are behind the incident, but no group has claimed responsibility so far.

Background of the Victim

Hanif Noorzai hails from Quetta and has served as an assistant commissioner in multiple regions across Balochistan. Known for his fieldwork in challenging environments, his sudden disappearance has raised concerns among local officials and security forces.

Read: 14 Terrorists Killed in North Waziristan IBO as Anti-Terror Operations Intensify

Pattern of Targeting Government Officials

This incident follows a troubling pattern of kidnappings in the region. In May 2016, Asad Khan Tareen, son of then-Local Government Minister Sardar Mustafa Tareen, was abducted from Pishin. Tareen, who worked as a warden at Cadet College Pishin, was later recovered from Qila Abdullah near the Afghan border after several months in captivity.

These cases highlight the continued security challenges in Balochistan, particularly for government officers traveling in remote districts. Cross-border movement of armed groups and porous borders with Iran and Afghanistan add to the complexities.

Ongoing Investigation

Security agencies have launched a search operation in and around Kech district.

The abduction has sparked concern within the provincial administration and among civil servants. Senior officials have called for enhanced security protocols for personnel posted in high-risk areas.

Authorities are urging anyone with information on Noorzai’s whereabouts to come forward. Meanwhile, law enforcement continues efforts to secure his safe and early recovery.

IMF Agrees to Tax Relief for Salaried Class in Budget 2025-26

In a key breakthrough, the International Monetary Fund (IMF) has agreed to income tax relief for Pakistan’s salaried class in the upcoming federal budget for 2025-26. According to official sources, this marks a major concession from the IMF during budget negotiations with Islamabad.

Tax-Free Limit Set to Rise

One of the most notable proposals is the increase in the annual tax-free income threshold from Rs600,000 to Rs1 million. This change will exempt monthly salaries up to Rs83,000 from any tax—up from the current Rs50,000 exemption limit.

Lower Tax Rates Across All Slabs

Sources revealed that tax rates across all income brackets are set to be reduced. For instance, monthly earners of Rs100,000 may see their tax rate fall from 5% to 2.5%. Similarly, those earning Rs183,000 could face a reduced rate of 12.5%, down from 15%.

Read: Pakistan Showed Restraint and Strength in Face of Indian Aggression

Salaries of Rs267,000 may be taxed at 22.5% instead of the current 25%. For income up to Rs333,000 per month, the proposed rate is 27.5%, reduced from 30%. Even the highest tax slab—currently at 35%—could drop to 32.5%.

These changes are likely to be enacted through amendments to Section 129 of the Income Tax Ordinance, which governs tax exemptions and concessions.

IMF Concedes on Defence Spending

In another significant development, the IMF has acknowledged Pakistan’s essential defence requirements. During negotiations, Pakistan insisted on maintaining key defence expenditures despite fiscal constraints. The IMF reportedly agreed, allowing room for necessary increases in the defence budget.

Next Steps in Budget Process

These tax changes are expected to be announced officially in the federal budget, which is likely to be unveiled on June 10. The relief measures aim to ease pressure on the middle class while balancing the government’s fiscal responsibilities under the IMF program.

The upcoming budget is seen as critical for stabilizing Pakistan’s economy and supporting both citizens and national priorities.

India’s Hegemony Shattered in Conflict With Pakistan: Ishaq Dar

Deputy Prime Minister Ishaq Dar declared that India’s claims of regional dominance collapsed during the recent conflict with Pakistan. Speaking at a media briefing in Islamabad, he said Pakistan’s military strength and global diplomatic outreach exposed the fragility of India’s “new normal.”

Military Success and Strategic Gains

Dar confirmed that Pakistan successfully shot down six Indian fighter jets and one unmanned aerial vehicle during the clashes. He emphasized that Pakistan’s response, both military and diplomatic, gained international acknowledgment. Even inside India, he noted, there has been criticism of Pakistan’s effective diplomatic performance.

Read: Pakistan Showed Restraint and Strength in Face of Indian Aggression

Ceasefire and Political Rhetoric

He acknowledged that the ceasefire remains intact, but criticized Indian leaders for using aggressive rhetoric ahead of their general elections. He said this political posturing threatens regional stability and undermines prospects for long-term peace.

Dialogue Without Desperation

Dar reiterated that Pakistan remains open to dialogue with India but stressed the country is not desperate for talks. He said any dialogue must be comprehensive, covering terrorism and water-related issues, particularly the Indus Waters Treaty. He warned that any Indian attempt to divert or block water would be considered an act of war under international law.

Regional Diplomacy and Solidarity

Highlighting recent diplomatic visits, Dar said Prime Minister Shehbaz Sharif toured Turkiye, Iran, Azerbaijan, and Tajikistan to thank them for their support during the crisis. He added that the prime minister will visit Saudi Arabia to express similar gratitude for its solidarity.

Peaceful Vision and Global Role

Dar emphasized that Pakistan is a peace-loving nation focused on economic development and regional cooperation. He announced that Pakistan will assume the presidency of the United Nations Security Council next month. During its term, the country will lead discussions on the theme: “Promoting International Peace and Security through Multilateralism and Peaceful Settlement of Disputes.”

This marks a key opportunity for Pakistan to amplify its diplomatic voice and promote stability on the global stage.

Pakistan Showed Restraint and Strength in Face of Indian Aggression

Federal Minister for Information and Broadcasting, Attaullah Tarar, has praised Pakistan’s responsible response to Indian aggression, saying the country acted with restraint, unity, and purpose during the recent military escalation. Addressing a press conference on Tuesday, Tarar commended both the government’s diplomatic handling and the nation’s collective resolve during the crisis.

Leadership at the Forefront

Tarar credited Prime Minister Shehbaz Sharif for firmly presenting Pakistan’s position on global platforms. He also acknowledged Deputy Prime Minister Ishaq Dar and his team for their effective diplomatic engagement during the heightened tensions.

Read: Hajj Begins Amid Scorching Heat as Saudi Authorities Prioritize Safety

Media’s Role in the Conflict

The minister emphasized the responsible role played by Pakistani media. He said anchors, journalists, and media houses reported with accuracy and professionalism, contrasting sharply with Indian media, which he accused of spreading misinformation and fake news.

“Battle of Truth” and National Pride

Calling the recent confrontation a “Battle of Truth” (Maarka-e-Haq), Tarar stated that Operation Bunyan-e-Marsoos marked a historic moment for the nation. He expressed gratitude, saying that Allah had honored Pakistan at every level—military, diplomatic, and informational.

Unity in the Face of Crisis

Tarar highlighted the unity of the Pakistani people during this period. He noted that the entire nation stood together, sending a clear message of solidarity and strength to the world. He said India’s narrative failed on every front, both domestically and internationally.

Defensive Strategy and National Morale

Reiterating Pakistan’s commitment to peace, Tarar stressed that the country never sought war but responded firmly when provoked. He said Pakistan’s balanced approach won praise for its maturity and strategic discipline.

The minister concluded by underlining that Pakistan’s response reflected a nation confident in its principles, committed to truth, and prepared to defend its sovereignty while pursuing regional peace.

Hajj Begins Amid Scorching Heat as Saudi Authorities Prioritize Safety

More than 1.4 million pilgrims gathered in Makkah on Wednesday to begin Islam’s holiest pilgrimage, the Hajj, despite blazing heat that pushed temperatures above 40°C (104°F). The pilgrimage, which is one of the five pillars of Islam, requires every able Muslim to perform it at least once in their lifetime.

Wearing white robes symbolizing purity and equality, pilgrims performed the tawaf, walking seven times around the Kaaba, the black cube at the heart of the Grand Mosque. The ritual, deeply spiritual and symbolic, marks the official start of Hajj.

Pilgrims then headed to Mina, a sprawling tent city on the outskirts of Makkah. There, they will spend the night in preparation for Thursday’s high point of the Hajj — the day of Arafat. According to Islamic tradition, the Prophet Muhammad (PBUH) delivered his final sermon on Mount Arafat, a sacred place of prayer and reflection.

“I am so happy, it’s such an amazing feeling,” said Reem al-Shogre, a 35-year-old Saudi woman performing the Hajj for the first time. As she arrived in Mina, she was greeted with coffee and dates, a traditional gesture of hospitality.

Heat Precautions Intensified After Last Year’s Tragedy

The Saudi government has stepped up its safety measures this year to avoid a repeat of 2023, when over 1,300 pilgrims died due to extreme heat, with temperatures soaring above 51.8°C (125.2°F).

Authorities have deployed over 250,000 personnel, including health workers, emergency responders, and volunteers. They expanded shaded areas in key locations by 50,000 square meters, installed more than 400 cooling units, and placed thousands of medics on standby.

Hajj Minister Tawfiq al-Rabiah said new strategies and technologies are being used to manage the pilgrimage more effectively. “We are fully committed to protecting the lives and well-being of all pilgrims,” he told AFP last week.

Artificial intelligence will play a key role in monitoring the massive crowd. Drones equipped with cameras and sensors will feed live data to control rooms, helping officials detect heat-related emergencies or overcrowding in real time.

Unregistered Pilgrims Face Crackdown and Deportation

Officials believe the majority of last year’s fatalities were among unregistered pilgrims, who lacked access to air-conditioned tents, regulated transportation, and essential medical services. This year, Saudi authorities are cracking down on unregistered entries.

Security forces have been conducting raids, increasing drone surveillance, and issuing mass text alerts to prevent unauthorized access. Pilgrims now must show valid Hajj permits, which are distributed by national quotas through official lotteries.

Despite the risks, high costs push many to attempt the Hajj without official permits. Authorities have warned of arrest and deportation for violators.

The Hajj has seen dangerous crowding in the past. In 2015, a stampede during the “stoning the devil” ritual in Mina killed up to 2,300 people, making it the deadliest incident in Hajj history.

As the 2025 pilgrimage continues, the Saudi government remains on high alert, balancing the sanctity of the rite with the critical need for crowd safety and heat management.

PSX Maintains Bullish Momentum as KSE-100 Hits Another Record High

The Pakistan Stock Exchange (PSX) extended its bullish run on Wednesday, with the KSE-100 Index climbing 1,347.99 points, or 1.12%, to close at a new all-time high of 121,798.86. This followed Tuesday’s impressive surge of over 1,500 points.

During the session, the index touched an intraday high of 121,882.47, reflecting a gain of 1.19%. Even the session’s lowest point, 120,896.13, showed a notable rise of 0.37% from the previous close of 120,450.87.

Market experts attributed the continued rally to improving economic sentiment, technical indicators, and optimism stemming from positive policy developments.
“Payment of the circular debt coupled with rumours of taxation relief and strong offtake numbers from cement and fertiliser sectors have spurred this broad-based rally,” said Ahfaz Mustafa, CEO of Ismail Iqbal Securities.
He added that the market breaking new highs also triggered fresh buying due to technical signals, pushing the index even higher.

Government-IMF Progress Boosts Economic Outlook

Investor morale received a significant boost after Prime Minister Shehbaz Sharif announced that Pakistan’s negotiations with the International Monetary Fund (IMF) had concluded successfully. Speaking in Peshawar on Tuesday, the premier said the agreement marks a turning point towards economic growth, shifting the government’s focus from mere stabilisation to sustainable development.

According to government sources, Pakistan’s economic team managed to convince the IMF to drop a controversial proposal to increase the Federal Excise Duty (FED) on fertiliser from 5% to 10%. The move is expected to offer relief to the agriculture sector, a key component of the economy.

This breakthrough has further strengthened investor belief that Pakistan is on track for fiscal stability and may soon unlock more external financing opportunities. The positive developments in IMF talks were seen as a key trigger behind the current rally.

ADB Approves $800 Million Package to Aid Fiscal Reform

Adding to the positive momentum, the Asian Development Bank (ADB) on Tuesday approved an $800 million financing package for Pakistan, aimed at supporting the country’s fiscal consolidation and reform agenda.

The package includes a $300 million policy-based loan and a $500 million guarantee, intended to help Pakistan attract additional commercial co-financing. The funding will support key initiatives under the Improved Resource Mobilisation and Utilisation Reform Program, focusing on tax reform, digital governance, and efficient public expenditure.

Market analysts said the ADB’s backing reinforces investor confidence in Pakistan’s long-term recovery and fiscal discipline, which is reflected in the ongoing rally at the bourse.

In the previous trading session on Tuesday, the KSE-100 Index had jumped by 1,573.07 points or 1.32% to 120,450.87, marking a strong start to the week. With back-to-back record-breaking sessions, analysts believe the market could see continued bullish sentiment, especially if economic reforms remain on track and political stability continues.

As optimism grows around economic management and global backing, the PSX remains in sharp focus for both local and foreign investors looking for high-return opportunities.

14 Terrorists Killed in North Waziristan IBO as Anti-Terror Operations Intensify

In a major breakthrough in the fight against terrorism, security forces neutralised 14 terrorists during an intelligence-based operation (IBO) in North Waziristan’s Datta Khel area, the Inter-Services Public Relations (ISPR) confirmed on Wednesday.

The operation targeted militants associated with Indian proxy outfit “Fitna al-Khawarij”, based on confirmed intelligence reports. According to ISPR, the security forces swiftly responded, leading to an intense exchange of fire in which all 14 militants were killed.

“Sanitisation operations are being conducted to eliminate any other Indian-sponsored terrorists found in the area,” ISPR added, ensuring the region is cleared of any remaining threats.

Prime Minister Shehbaz Sharif praised the professionalism and bravery of the troops, stating that the “nefarious intentions of terrorists and enemies of humanity will be crushed.” He reaffirmed the government’s commitment to completely eradicating terrorism from the country.

The North Waziristan IBO followed another successful action in Balochistan’s Mach area, where five Indian-backed terrorists were eliminated earlier this week.

Terror Attacks Surge in May: 113 Lives Lost Across Pakistan

The IBOs come amid a disturbing rise in terrorist activity. A report by the Pakistan Institute for Conflict and Security Studies (PICSS) revealed that 85 attacks occurred in May, up from 81 in April — a 5% increase.

These attacks led to 113 deaths, including:

52 security personnel
46 civilians
11 militants
4 peace committee members

Additionally, 182 people were injured, the majority of them civilians. Civilian injuries saw a shocking 145% increase, rising from 53 in April to 130 in May.

The surge in violence also saw security personnel fatalities jump by 73%, even as injuries among security forces dropped. Despite these losses, the security forces launched proactive IBOs across the country, killing at least 59 militants and arresting 52 suspects during the month.

In total, 172 individuals lost their lives in both attacks and operations, while 194 people were injured.

Read: Banking Smarter, Not Harder: AI with a Human Touch in Pakistan

India’s Backing of Terror Proxies Escalates Regional Tensions

The Pakistani government has once again blamed India for backing terrorist groups like TTP and BLA, accusing New Delhi of sponsoring attacks in both Khyber Pakhtunkhwa and Balochistan.

After the Khuzdar school bus bombing, where three students and two others were martyred, Interior Secretary Capt (retd) Khurram Muhammad Agha warned that Pakistan’s response to the Fitna al-Hindustan attack would be “decisive.”

Tensions between Pakistan and India reached new lows following the Pahalgam incident in Indian-occupied Jammu and Kashmir. India blamed Pakistan for the deaths of 26 tourists, an accusation Islamabad categorically rejected while offering a transparent probe and pointing to Indian proxies operating inside Pakistan.

The army has vowed to eliminate all foreign-sponsored militants and reaffirmed the nation’s resolve to bring the perpetrators and their facilitators to justice.

As the battle against terrorism continues, the people of Pakistan remain hopeful that national security forces will succeed in protecting the homeland against those who seek to destabilise it.

Banking Smarter, Not Harder: AI with a Human Touch in Pakistan

No one enjoys standing in long queues, filling out endless forms, or waiting several days for a simple banking request to be fulfilled. In a world rapidly moving towards speed and convenience, the Pakistani banking industry must evolve, especially in its service delivery. Today’s customers expect efficiency and empathy. They no longer compare banks with other banks—they compare their experience with food apps, ride-hailing services, and e-commerce platforms. It’s no longer enough to have digital platforms; banks must ensure those platforms, and the services behind them, deliver real value. With the right integration of Artificial Intelligence (AI) and a human-centered approach, banks can redefine service quality, turning routine interactions into delightful experiences.

Where We Are Now

Pakistan’s banking sector has made noticeable strides in the last decade. From digital account opening to mobile apps, QueueMatic systems, WhatsApp banking, and SMS alerts—services have become far more accessible than before. Yet, despite all this advancement, the experience often breaks down inside the physical branch. Customers walk in expecting speed, but are met with long turnaround times (TATs), low teller transaction limits, outdated workflows, and staff that may not be fully trained or empowered. Even with the availability of digital tools, many customers leave branches feeling more frustrated than satisfied. This signals a gap—not just in technology, but in how it’s used. Progress has been made, no doubt. But we’re not there yet. To meet rising expectations, we need more than technology—we need transformation.

What Needs to Change

Improving service quality isn’t just about digitizing more processes—it’s about delivering intelligent, empathetic experiences that are both efficient and human. This is where AI can become a powerful ally, not by replacing humans, but by enabling them. Imagine letting AI handle repetitive tasks like form-filling, identity verification, or processing basic transactions. It can reduce wait times dramatically and allow staff to focus on more complex, personalized interactions. AI can also analyze customer behavior to predict needs and offer the right services at the right time, like a helpful reminder popping up before you even ask. It can identify trends in complaints or delays, allowing banks to fix issues before they escalate. AI can even sense emotion in a customer’s voice or message, helping banks respond with greater care and urgency. All of this doesn’t remove the human—it strengthens them. Additionally, it’s time banks simplify their processes: if a customer can pay a bill in two clicks online, it shouldn’t take 15 minutes at a counter. Teller limits should be adjusted with built-in safety checks to avoid unnecessary delays. Also, service excellence doesn’t happen on its own. Staff need consistent, practical training, especially after mystery shopping feedback or new product rollouts. A well-informed, confident team creates a smooth, reassuring experience for the customer.

Smarter Queue Management and Customer Feedback

Queue systems need a major upgrade—from simple token generators to intelligent systems that actually enhance service. Modern queue management can do more than assign numbers. It can collect real-time feedback, alert staff when someone has been waiting too long, and even let customers leave instant suggestions on a touchscreen. This immediate loop of communication can help managers take quick actions rather than waiting for monthly reports. More importantly, it tells the customer, “Your time and feedback matter.” A smarter queue experience is often the first sign that a bank is serious about improving service. It reflects efficiency, responsiveness, and a willingness to evolve. These elements together can completely change how customers feel about their visit—even if they had to wait a bit. In addition, imagine being able to handle simple services like deposits or utility payments at any bank branch, regardless of where your account is held. That’s the future of interbank collaboration—and it’s not far off, if banks work together with the help of shared digital platforms.

Read: Why Many Infants Struggle to Sleep: Doctors Explain Medical Causes

Keeping the Human in Digital

As we embrace AI and automation, we must not lose sight of the human connection. A customer may not remember the exact interest rate you offered, but they’ll always remember how you made them feel. That’s the emotional side of service—and it matters. Sometimes, all it takes is a staff member who listens, who understands the frustration of a long wait or a failed transaction, and who responds not with policy, but with empathy. Global banks are already leading the way—using AI to speed up operations, but relying on humans to build trust. Pakistani banks can do the same. Technology should make things smoother and faster, but only humans can make them feel personal. This balance is crucial. It’s not a choice between AI and people—it’s about combining both to create a seamless, yet meaningful, customer journey. A simple apology, a genuine smile, or a reassuring sentence can turn an ordinary service into a memorable one. That’s what customers talk about, share on social media, and remember the next time they choose a bank.

It’s About Expectations, Not Just Transactions

Banking is no longer just about deposits, withdrawals, or loans. It’s about expectations. Customers expect personalized, proactive service. They want to feel heard, respected, and valued. They want technology that works without glitches, and staff that understand their needs without making them repeat themselves. This isn’t a luxury anymore—it’s the baseline. The banks that will lead in the future are those that understand this shift. By blending AI with empathy, digital efficiency with human warmth, and automation with active listening, Pakistani banks can create a service model that’s both modern and memorable. The future of banking is not just fast—it’s smart, simple, and human. And that’s the kind of future we need to start building today. Together.

Viral and Vulnerable: The Real Social Media Danger

In a world where everyone carries a tiny screen in their pocket, it’s easy to think social media is just harmless fun. For many teens, it’s their favorite way to connect, express, and build a name. But sometimes, that name can put them in real danger.

Two stories, one from Pakistan and one from Mexico, remind us of the risks lurking behind the likes and follows. These are not stories about fame or fortune. They are warnings.

The Story of a Teenager Who Went Too Far — Or Did She?

Sana Yousaf was a 17-year-old girl from Pakistan. Like many teenagers, she loved TikTok. She posted videos, spoke her mind, and grew a small but loyal audience. To her, it was just a way to be heard, to belong.

But for some people, her voice was a threat. People who didn’t want a young girl to be so visible. People who felt threatened by her boldness.

One day in June 2025, Sana’s life was brutally cut short. She was shot and killed in Islamabad. No warnings. No second chances.

Her story is not unique. But it forces us to ask: How did a teenage girl end up a target because of social media?

Read: Bilawal Suggests ISI-RAW Cooperation Could Curb Terrorism

A Mirror in Mexico: Valeria Márquez’s Silent Cry

Half a world away, Valeria Márquez, a 23-year-old beauty influencer, was building her career. She posted makeup tutorials and shared her daily life. She dreamed of inspiring others and making a living doing what she loved.

On a May day in 2025, Valeria was live-streaming at her salon when a man, disguised as a delivery person, entered and shot her. Viewers witnessed the horror in real-time.

Valeria’s death shocked her country. Police suspect it was a femicide — a crime driven by hatred against women. But beyond the crime statistics, it was another young woman silenced because of her public life online.

The Reality Behind the Screens

Social media feels safe. It’s on your phone, behind a screen. But behind that screen are people — some kind, some cruel. For teenagers, the line between real life and online life is blurry. They often don’t see the risks.

Parents may think, “It’s just social media. What harm can it do?” But the harm is real and growing.

Cyberbullies threaten. Strangers stalk. Trolls harass. And some take their hatred offline.

Teen girls, especially, face an extra burden. Being visible can mean being vulnerable in societies where tradition clashes with freedom of expression.

Why Are We Handing Teens This Responsibility?

Imagine giving a teenager a powerful tool without instructions or supervision. That’s what happens when we hand over smartphones without rules.

Teens chase approval through likes and comments. They push boundaries to get noticed. But many don’t understand how this visibility can put them at risk.

Social media companies do little to protect young users. They want engagement and views, not safety. Schools rarely teach online safety. Parents sometimes don’t know what to do.

The result? Stories like Sana’s and Valeria’s become tragedies, not warnings.

What Can Parents and Teens Do to Stay Safe?

This isn’t about banning social media. It’s about being smart and careful.

For Parents:

Talk openly about social media risks.
Set clear rules on screen time and content.
Watch for signs of distress or bullying.
Teach your children to protect their privacy online.
Stay involved, don’t ignore their digital lives.

For Teens:

Think before posting anything personal.
Block and report anyone who threatens or bullies you.
Don’t share your location or private details.
Talk to someone you trust if you feel unsafe.
Remember: Online friends are not always safe.

Awareness Can Save Lives

The deaths of Sana Yousaf and Valeria Márquez should not be headlines we forget next week. They should wake us up.

Social media can connect us, inspire us, and create opportunities. But it also has dangers that every parent and child must understand.

We can’t stop the digital world. But we can learn to navigate it safely. Awareness, conversation, and care can make the difference between a bright future and a tragic end.

If you have a teenager in your life, don’t wait. Start the conversation now. Help them protect their voices, their dreams — and their lives.

Israel Halts Food Distribution Across Gaza Amid Worsening Starvation

Israel has halted all food distribution across Gaza for the entire day, worsening an already dire humanitarian crisis. The Gaza Humanitarian Foundation (GHF), supported by the United States, has suspended its operations, citing “renovation, reorganisation and efficiency improvement work.” As thousands in Gaza face acute hunger, the sudden closure has sparked outrage. The Israeli military has also warned Palestinians to stay away from aid delivery roads.

Residents in Gaza City reported chaos at food queues early in the morning. “They told us nothing would be distributed today. We have nothing left at home,” said Abu Khaled, a father of four. The pause in aid has left people confused and angry. Many feel abandoned as trucks remain parked and distribution points shut. The silence of the aid stations echoes louder than ever in the war-torn streets.

Mourning and Hunger Go Side by Side

In Deir el-Balah, scenes of grief unfolded as families mourned those killed in an Israeli airstrike. A young girl cried over bloodstained bodies wrapped in white shrouds. The bodies were brought to the al-Aqsa Martyrs Hospital. Outside the hospital gates, despair deepened. Not just from the loss of loved ones—but from empty stomachs and uncertain futures.

The hunger crisis has reached new levels. Gaza’s health officials warn of widespread malnutrition, especially among children. Aid workers say the system is stretched thin and lacks fuel, food, and medicine. The suspension of GHF operations—even for one day—has created panic among residents relying on daily food supplies.

A local aid volunteer said, “We don’t know if this is truly temporary. Even one day without food here is deadly.”

Read: Why Many Infants Struggle to Sleep: Doctors Explain Medical Causes

UN to Vote on Ceasefire and Humanitarian Access

Meanwhile, the United Nations Security Council is preparing to vote on a new resolution. The draft calls for an immediate, permanent ceasefire in Gaza and unrestricted access to humanitarian aid. However, the resolution is expected to be vetoed by the United States.

This would mark the second US veto on Gaza-related resolutions since November. The current resolution also demands the release of hostages held by Hamas. It highlights Gaza’s “catastrophic humanitarian situation” and urges all parties to respect a ceasefire.

Human rights groups have condemned the politicization of aid. “The fact that people are starving while world leaders argue is unacceptable,” said a spokesperson for Human Rights Watch.

As night falls over Gaza, families remain uncertain about when they will eat next. The sounds of mourning mix with cries of hunger. Aid trucks remain still, and hope fades with each passing hour.

Why Many Infants Struggle to Sleep: Doctors Explain Medical Causes

Across Pakistan, thousands of parents are struggling with the same question: Why won’t my baby sleep properly? Pediatricians say sleep issues in infants, especially around 6 months old, are more common than most people think. From teething to tummy troubles, several medical reasons can disrupt a baby’s rest.

Many parents worry their child’s sleep patterns are unusual. But doctors confirm that irregular sleep in babies under one year is often temporary — and treatable. In Lahore, Dr. Huma Tariq, a pediatrician at Jinnah Hospital, said, “Most of the babies we see with sleep issues are either teething, dealing with gas, or reacting to changes in feeding. These are manageable conditions.”

Still, she warns that parents should never ignore persistent or extreme sleep disturbances. “If your baby cries excessively at night, arches their back, or shows signs of discomfort, it’s time to seek medical advice,” she said.

Read: Bilawal Suggests ISI-RAW Cooperation Could Curb Terrorism

Medical Issues Are Often the Hidden Culprits

Doctors identify several medical causes that can disturb infant sleep. These include colic, acid reflux, allergies, and milk intolerance. Colic leads to long hours of crying, especially in the evenings, often due to trapped gas. Acid reflux makes babies uncomfortable when lying flat, causing them to wake up frequently.

“Allergies or formula reactions are also common,” explained Dr. Kamran Aftab, a Karachi-based pediatrician. “If a baby is sensitive to cow’s milk or soy, it can cause bloating, gas, and rashes, which all interfere with sleep.”

Ear infections are another reason babies may cry or wake repeatedly at night. These infections are hard to detect early because infants cannot express their pain. Frequent tugging at ears or a slight fever may be the only signs.

Sleep apnea, though rare in infants, can also disturb rest. In such cases, the baby may stop breathing briefly during sleep. If a baby snores, gasps, or appears to struggle while breathing, doctors recommend immediate evaluation.

What Parents Can Do to Help

Experts urge parents to follow a few key steps. First, maintain a regular bedtime routine. A warm bath, soft lullaby, and dim lights can signal to the baby that it’s time to sleep. Second, ensure that the baby is fed properly before bed — hunger is one of the most common reasons for frequent waking.

Third, remove distractions. Keep the baby’s sleep area quiet and dark. Avoid loud noises, bright lights, or screens close to bedtime. “Sleep hygiene matters for babies too,” said Dr. Sara Naeem, a child sleep consultant based in Islamabad. “Babies sleep best in a calm and predictable environment.”

If medical issues persist, experts recommend seeing a pediatrician to rule out underlying conditions. Treatment options are often simple and effective.

Bilawal Suggests ISI-RAW Cooperation Could Curb Terrorism

Bilawal Bhutto Zardari has urged India and Pakistan to work together against terrorism. Speaking at a media briefing at the United Nations Headquarters in New York, he said, “If ISI and RAW sat together, terrorism would reduce on both sides.” He stressed that finger-pointing and accusations between the two countries only escalate tensions.

The PPP chairman noted that Pakistan suffers more terrorist attacks than India. “More productive than blame would be collaboration,” he said. He insisted that Pakistan has acted responsibly in the war against terror and has learned tough lessons through direct confrontation with terrorists.

Condemnation of Indian Strikes

Bilawal condemned India’s airstrikes inside Pakistan on May 7. He called them a clear violation of the United Nations Charter and international law. He claimed the attacks targeted civilian areas, including worship sites, dams, and energy facilities. Women and children were among the casualties.

“These strikes were not only illegal but reckless,” he said. “Despite this, Pakistan still prefers dialogue over aggression.” He emphasized that terrorists should not determine the course of two nuclear-armed nations.

Bilawal said Pakistan was open to discussing all issues. “Let’s talk about terrorism, Kashmir, and water,” he said. “We’re willing to put all cards on the table for the sake of peace.”

India’s Refusal to Engage

Bilawal accused India of avoiding dialogue and accountability. He said only one country was rejecting investigations and running from international scrutiny. “If we accept that international law doesn’t apply to India, then we are endorsing lawlessness,” he warned.

He called on all parties to respect the UN Charter, especially regarding Kashmir and the Indus Water Treaty. “We want peace, but peace comes from justice,” he added.

Referring to the April 22 Pahalgam attack in IIOJK, Bilawal said India used it as a pretext to justify aggression. He noted that Prime Minister Shehbaz Sharif had publicly offered to cooperate with any neutral investigation into the incident, but India refused.

Strikes, Drones, and Rising Tensions

Bilawal revealed that Israeli drones were used during the May 7 Indian strikes. He drew parallels between India’s post-2019 Kashmir policy and Israel’s settlement practices in the West Bank. “India is mimicking the wrong models,” he said.

He criticized India’s belief that shouting “terrorism” gave it a free pass to attack any Muslim country. “This arrogance must stop,” he stated. He warned that such unilateral aggression could lead to uncontrollable conflict between nuclear neighbors.

He confirmed Pakistan responded to the Indian strikes by shooting down six Indian aircraft. “We had to act in self-defence,” he said. But he warned against tit-for-tat escalation. “If every terrorist attack in India means war with Pakistan, and vice versa, we are heading toward disaster,” he said.

Bilawal ended by expressing hope that both countries would agree on a complaint and investigation mechanism. He said such a system would help resolve disputes peacefully and prevent manipulation by non-state actors. He also reminded the world that the core issue of terrorism in IIOJK stems from the unresolved Kashmir conflict — still pending before the UN Security Council.

Russia Signals Stronger Ties with Pakistan Through SCO Platform

Russia has expressed strong interest in expanding SCO cooperation with Pakistan, particularly in counter-terrorism and regional stability, according to Russian Foreign Minister Sergey Lavrov. He shared these views during a meeting with Pakistan’s Special Assistant to the Prime Minister (SAPM) on Foreign Affairs, Tariq Fatemi, in Moscow on June 3.

Pakistan Reaffirms Strategic Partnership

Fatemi conveyed Prime Minister Shehbaz Sharif’s greetings and emphasized Pakistan’s intent to deepen cooperation in energy, trade, and connectivity. He handed over a letter from the Prime Minister to President Vladimir Putin, reinforcing the significance of bilateral ties.

Read: Security Forces Eliminate Seven Fitna al Hindustan Terrorists in Balochistan

India’s IWT Suspension Raises Alarms

Fatemi also briefed Lavrov on regional developments, expressing concern over India’s threat to suspend the Indus Waters Treaty (IWT). He warned of its serious consequences, especially in light of heightened tensions following the April 22 Pahalgam attack, which left 26 dead. India blamed Pakistan without evidence and launched air and missile strikes, igniting the most intense conflict between the two nations in nearly three decades.

Recent Military Escalation and Ceasefire

Pakistan responded with Operation Bunyan-um-Marsoos, downing six Indian jets and numerous drones. The conflict lasted over 87 hours, resulting in the deaths of 53 Pakistanis, including 13 military personnel and 40 civilians. A US-brokered ceasefire was reached on May 10, halting further escalation.

Russia Supports De-escalation and Development

Lavrov welcomed the improvement in Pakistan-Russia ties and expressed satisfaction over joint ventures like new steel mill projects and critical infrastructure development. He also reiterated Russia’s support for peace efforts between India and Pakistan, stressing the importance of dialogue for broader regional stability.

Mutual Focus on Regional Peace

The meeting reflected both countries’ shared interest in strategic stability and cooperation under the SCO framework. Russia’s commitment to expanded ties comes at a time when South Asia remains fragile and under close global scrutiny.

Chicago Fire Unveils $650 Million Stadium Plan to Transform South Loop

Chicago Fire FC has revealed bold plans for a $650 million stadium in the South Loop, marking a major milestone for the club and Major League Soccer.

A Modern, Intimate Home for Fans

The 22,000-seat venue will feature an open-air design, natural grass pitch, and a mix of luxury suites and club seating. Designed by global architecture firm Gensler, the stadium aims to offer a close-up and engaging match-day atmosphere for fans.

Club owner Joe Mansueto emphasized that the stadium will deliver a “world-class home” and expressed his vision of selling out every game. However he said: “This is about building a permanent foundation for soccer in Chicago,” he said.

Read: Haris Blasts Maiden T20I Ton as Pakistan Seal Clean Sweep

No Public Funding Involved

Unlike many sports venues, the Chicago Fire stadium will be entirely privately financed. Mansueto stressed that professional teams should invest in their own infrastructure, avoiding reliance on taxpayer money.

Construction Timeline and Current Venue

Pending city approval, construction could begin as early as fall 2025. The club currently plays at Soldier Field under a three-year lease. While the iconic venue seats over 60,000, the Fire seeks a right-sized stadium better suited to its growing fanbase and long-term ambitions.

City Engagement and Community Input

A community meeting is planned for mid-June to discuss the project. Chicago Mayor Brandon Johnson welcomed the announcement, calling it a “good sign” for the city’s development. However He emphasized the importance of ensuring the project supports local jobs and communities.

A New Era for Soccer in Chicago

With a dedicated stadium in sight, the Fire looks to solidify its presence in the city. The new venue is expected to not only enhance the fan experience but also stimulate economic activity in the South Loop and surrounding neighborhoods.

Israeli Fire at Gaza Food Site Kills 27 Palestinians, Sparks Outcry

At least 27 Palestinians were killed and dozens injured when Israeli troops opened fire near a food distribution point in southern Gaza, worsening the ongoing Gaza food crisis. The incident, confirmed by Gaza’s health ministry, marks the third deadly episode in as many days at aid sites.

Fatal Incident at Rafah Distribution Center

The shooting occurred in Rafah, where civilians had gathered to collect food from a site backed by Israeli authorities. According to the Israel Defense Forces (IDF), troops fired at “individual suspects” who moved off designated paths. However, eyewitness accounts and local officials report that the victims were unarmed civilians, including children and women.

High Casualties, Rising Anger

Nasser Hospital in Khan Younis received 27 bodies, including three children and two women. Medical staff noted that many suffered from gunshot wounds and shrapnel injuries, suggesting the use of both firearms and heavy munitions. A spokesperson for the International Committee of the Red Cross said their field hospital in Rafah treated 184 casualties, with 27 declared dead.

Third Incident in Three Days

This marks the third straight day of violence at food distribution centers in Gaza, where Israel is trying to impose a new aid control system. Critics, including human rights groups, warn that the shift has dangerously restricted access to essential supplies in a territory already under heavy blockade.

Read: UN Demands Probe as Israeli Forces Kill More at Gaza Aid Site

UN Warns of War Crimes

The UN Human Rights Office condemned the attacks, stating that willfully blocking food access may constitute a war crime. “Targeting civilians seeking food is unconscionable,” a spokesperson said.

International Fallout and Spanish Arms Deal Suspension

As outrage grows, Spain’s defense ministry suspended a €285 million missile manufacturing license for an Israeli firm. The move follows Spain’s broader effort to disengage militarily from Israel.

Mounting Toll

Gaza’s health ministry reported 40 deaths and 208 injuries in the past 24 hours alone. With aid routes under fire and infrastructure collapsing, the humanitarian crisis in Gaza continues to deepen.

Security Forces Eliminate Seven Fitna al Hindustan Terrorists in Balochistan

Pakistan’s security forces killed seven terrorists linked to the Indian-backed group Fitna al Hindustan in two separate intelligence-based operations in Balochistan. The Inter-Services Public Relations (ISPR) confirmed that both operations targeted active militant hideouts.

Five Terrorists Killed in Kachhi District

The first operation took place in the Machh area of Kachhi District. Acting on precise intelligence, troops launched a raid on a suspected Fitna al Hindustan stronghold.

Two More Neutralized in Kalat District

In a second operation, security forces targeted another Fitna al Hindustan hideout in the Margand area of Kalat District. The operation led to the neutralization of two additional terrorists. Both individuals were believed to be part of a larger cell planning further attacks.

Read: Pakistan Fought India Alone During 96-Hour Conflict

Weapons and Explosives Seized

Troops recovered a significant cache of weapons, ammunition, and explosives from both sites. These materials were intended for future attacks aimed at destabilizing Balochistan and targeting state institutions. Their seizure has dealt a serious blow to the operational capacity of the group.

Group Linked to Indian Sponsorship

ISPR identified the group as an Indian proxy operating under the banner of Fitna al Hindustan. However The group has been actively engaged in spreading violence and disrupting peace in Balochistan through foreign support and coordinated acts of terrorism.

Ongoing Counterterrorism Efforts

Security forces remain vigilant across the province, intensifying operations against foreign-backed threats. However The successful elimination of these terrorists reflects the growing effectiveness of intelligence-led missions and the state’s commitment to protecting national sovereignty.

The operations in Kachhi and Kalat send a clear message: Pakistan will continue to dismantle hostile networks, especially those fueled by external support, wherever they exist.

Pakistan Fought India Alone During 96-Hour Conflict

General Sahir Shamshad Mirza, Chairman of Pakistan’s Joint Chiefs of Staff Committee, clarified that Pakistan used only its own military resources during the recent 96-hour Pakistan-India conflict. His statement directly rejected Indian media claims alleging Chinese assistance.

No Foreign Help, Equal Equipment

In an interview with the BBC, Gen Mirza explained that Pakistan’s military operated independently, relying on equipment comparable to India’s and on hardware sourced from friendly nations. He emphasized the self-reliant nature of the country’s defense.

Shift in Battle Zones: Cities at Risk

Unlike earlier skirmishes confined to disputed borders, the recent confrontation saw direct targeting of cities. “This time the borders were calm, but the cities were under fire,” he said. Gen Mirza warned that lowering the threshold to urban warfare poses grave risks to both countries.

Read: ADB Approves $800 Million to Support Pakistan’s Fiscal Reforms

Clash Sparked by IIOJK Attack

Tensions soared after the April 22 attack in Indian Illegally Occupied Jammu and Kashmir (IIOJK), which left 26 dead. India blamed Pakistan-based actors without offering evidence. In response, India suspended diplomatic ties, revoked visas, and halted the Indus Waters Treaty. Pakistan called these actions a provocation.

Operation Bunyan-un-Marsoos and Ceasefire

India launched airstrikes on Pakistani cities on May 6 and 7. Pakistan responded with Operation Bunyan-un-Marsoos, targeting Indian military assets. The conflict ended after a U.S.-brokered ceasefire.

Lack of Conflict Management System

Gen Mirza voiced concerns over the lack of structured conflict-resolution tools. He highlighted that only one emergency line—the Director-General Military Operations (DGMO) hotline—is in use. This limitation becomes critical when dealing with a “reckless and extremist mindset,” he warned.

Risks of Future Escalation

Without a proper conflict management system, any future clash could spiral quickly. Gen Mirza cautioned that the current setup leaves global powers little time to mediate, raising the stakes in any future encounter between the nuclear-armed rivals.

Rising Diplomatic Tensions

Separately, Pakistan condemned recent statements by Indian officials demanding the surrender of Azad Jammu and Kashmir. The Foreign Office dismissed these as hostile and disconnected from reality, stressing India’s record of regional destabilization.

PM Shehbaz Pledges Full Support for KP’s Development and Security

Prime Minister Shehbaz Sharif has vowed to resolve all key issues facing Khyber Pakhtunkhwa, reaffirming the federal government’s commitment to the province’s development and security. He made these remarks while addressing a tribal Jirga in Peshawar on Tuesday.

Federal Committee to Address KP’s Concerns

The Prime Minister announced the formation of a special committee to evaluate and address demands raised by the KP Chief Minister. This committee will include tribal elders, the Governor, and the Chief Minister of the province. Together, they will formulate recommendations that will receive serious consideration from the federal government.

Read: ADB Approves $800 Million to Support Pakistan’s Fiscal Reforms

Progress on NFC Award and Financial Support

Shehbaz Sharif confirmed that KP has finalized its nomination for the National Finance Commission (NFC) award. He assured that the first NFC meeting will be held in August. He also highlighted the federal government’s ongoing commitment under the 2010 NFC agreement, which promised one percent of national resources to KP for its role in the war on terror.

Tribute to KP’s Role in Combating Terrorism

The Prime Minister paid heartfelt tribute to the people of KP for their unmatched sacrifices in the fight against terrorism. He also honored the bravery of Pakistan’s armed forces, recognizing their crucial role in defending the country from both internal and external threats.

Response to Indian Aggression

Referring to the recent Pakistan-India military tensions, Shehbaz Sharif said the armed forces responded decisively to Indian aggression. He emphasized that the military had the full backing of the nation.

Broad Participation at Jirga

The Jirga was attended by Field Marshal Syed Asim Munir, tribal leaders, the KP Governor and Chief Minister, federal and provincial ministers, and senior military and civilian officials. The gathering marked a unified approach to solving KP’s long-standing challenges.

PSX Soars Past 120,000 Mark Ahead of Budget 2025

In a historic rally, the KSE-100 index of the Pakistan Stock Exchange (PSX) closed above 120,000 points for the first time. The index ended Tuesday’s session at 120,450.87, gaining 1,573.07 points or 1.32%. This bullish momentum comes just days ahead of Pakistan’s federal budget announcement for FY2025–26.

Intra-Day Highs and Market Activity

The index hit an intra-day high of 120,693.83 and a low of 119,129.51. Trading volume reached over 315 million shares with a total value of nearly Rs21 billion. The sharp upward move reflects renewed investor confidence despite recent volatility.

Earlier Volatility and Market Concerns

On Monday, the market showed sharp fluctuations. The KSE-100 rose by over 1,000 points during the day but later dropped to close at 118,878, down 813 points. Investors expressed concern over potential tax hikes on passive income, petroleum levies, and inflationary pressures.

Read: Gold Prices Surge as US-China Tensions Fuel Safe-Haven Demand

May’s Consumer Price Index (CPI) recorded a 3.5% year-on-year rise, driven by food inflation. This raised fears of reduced purchasing power and tighter monetary conditions.

Key Contributors and Decliners

According to analysts from Arif Habib Corp and Topline Securities, uncertainty around the upcoming budget and rupee depreciation initially drove the market lower. However, companies like Pakgen Power, National Foods, Meezan Bank, and National Bank of Pakistan helped stabilize the index.

On the other hand, stocks such as Systems Limited, Engro Holdings, and Pakistan Petroleum dragged the index.

Mixed Market Sentiment

Out of 464 companies traded, 29 advanced, 71 declined, and the rest remained unchanged. Dewan Cement led in volume, while foreign investors offloaded shares worth Rs1.97 billion, reflecting cautious sentiment.

Sector Outlook Remains Optimistic

Despite mixed trends, analysts expect select sectors like cement, automobiles, and fertilizers to benefit from upcoming fiscal policies. While short-term volatility remains likely, the recent surge signals underlying optimism in the market.

ADB Approves $800 Million to Support Pakistan’s Fiscal Reforms

In a major boost to Pakistan’s public finance, the Asian Development Bank (ADB) has approved an $800 million package to support fiscal reforms and strengthen financial sustainability. The aid includes a $300 million policy-based loan and a landmark $500 million guarantee to attract up to $1 billion from commercial banks.

Focus on Fiscal Sustainability

The funding comes under Subprogramme 2 of the ADB’s “Improved Resource Mobilisation and Utilisation Reform Programme.” It aims to help Pakistan stabilize its economy by reducing its fiscal deficit and public debt while expanding fiscal space for development and social spending.

ADB Country Director for Pakistan, Emma Fan, noted, “Pakistan has made significant progress in improving macroeconomic conditions. This programme supports the government’s reform agenda to enhance public finance and encourage sustainable growth.”

Read: Karachi Rocked by 19 Mild Earthquakes Since Sunday

Tax and Spending Reforms at the Core

The reform programme targets several key areas. It focuses on overhauling tax policies and improving tax compliance and administration. In addition, the plan emphasizes better public expenditure management and efficient cash handling to ensure transparency and accountability.

The ADB stressed that improving revenue generation and controlling spending are vital steps to reduce reliance on debt and create room for critical investments.

Digital Tools and Private Sector Role

Another major goal of the programme is the digitalisation of financial systems. It promotes online platforms to enhance transparency in public transactions and aims to support investment facilitation. Private sector development is also a core pillar, with policies geared toward a more business-friendly environment.

Long-Term Vision Backed by Global Support

This funding is part of a wider assistance strategy that includes technical guidance and coordination with other international development partners. The goal is to help Pakistan build long-term fiscal resilience through institutional reforms and policy consistency.

The ADB’s move signals strong international backing for Pakistan’s reform efforts and a renewed push toward financial stability and economic recovery.