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Bilawal calls criticism of BISP ‘shameful’, says programme vital for economy

Addressing budget debate in NA, PPP chairman welcomes US-Iran agreement, renews call for constitutional rights for G-B Pakistan Peoples Party chairman Bilawal Bhutto Zardari speaking on the floor of the National Assembly. SCREENGRAB ISLAMABAD: Pakistan Peoples Party (PPP) Chairperson Bilawal Bhutto Zardari on Thursday strongly defended the Benazir Income Support Programme (BISP), describing it as an … Read more

PM Shehbaz signs ‘Islamabad MoU’ as mediator between US and Iran

Memorandum also carries signatures of US President Donald Trump, Iranian President Masoud Pezeshkian Prime Minister Shehbaz Sharif signs the ‘Islamabad Memorandum of Understanding’ (MoU) as a mediator. PHOTO: PMO Prime Minister Shehbaz Sharif on Thursday signed the ‘Islamabad Memorandum of Understanding’ as a mediator, formalising a major diplomatic breakthrough between the United States of America … Read more

ADB approves $700m loan for Pakistan insurance reforms

A worker walks past inside the Asian Development Bank (ADB) headquarters in Manila. Photo: Reuters/ File The Asian Development Bank (ADB) on Thursday approved a $700 million policy-based loan to support reforms aimed at strengthening insurance in Pakistan. The program seeks to expand insurance coverage and reduce protection gaps. It will also help stimulate private … Read more

Trump says Apple to partner with Intel on US chip design, production

Trump administration took ​a 10% stake ​in Intel, announced plans to invest roughly $10b to build US factories Intel and Apple logos are seen in this illustration taken September 24, 2025. PHOTO: REUTERS US President Donald Trump said in a Truth Social post on Thursday ​that Apple has agreed to work with Intel to ‌design and manufacture … Read more

US, Iranian versions of memorandum reveal shared roadmap to end war despite differences in wording

Published versions largely converge on ceasefire, sanctions relief, Hormuz, nuclear talks The US and Iranian versions of a memorandum of understanding (MOU) aimed at ending months of war in the Middle East reveal broad convergence on the deal’s core provisions, despite differences in political emphasis, legal detail, and the way each side frames sensitive issues … Read more

PM Shehbaz announces signing of ‘Islamabad MoU’ by US, Iranian leadership

Prime Minister Shehbaz Sharif. PHOTO: FILE Prime Minister Shehbaz Sharif on Thursday announced the electronic signing of the “Islamabad Memorandum of Understanding” between US President Donald Trump and Iranian President Masoud Pezeshkian.  In a post on X, he stated that “the Memorandum has been signed by honourable Presidents of both the countries and also endorsed by … Read more

Balochistan prioritises relief

• Unveils Rs1,089b budget • Achieves Rs45.56b fiscal surplus • Rs90b earmarked for healthcare • Education sees 15% QUETTA: Balochistan on Wednesday unveiled a historic, relief-driven Rs1,089.26 billion surplus budget for fiscal year 2026-27, aiming to strike a balance between strict financial discipline and direct public relief. Presented by Provincial Finance Minister Mir Shoaib Nosherwani … Read more

Rs3.562tr Sindh budget focuses on development

• 7% increase in salaries and pensions proposed • Rs720b earmarked for uplift schemes • Exemption threshold for agr KARACHI: Sindh Chief Minister Syed Murad Ali Shah presented a Rs3.562 trillion budget for fiscal year 2026-27 against estimated receipts of approximately Rs3.525 trillion, resulting in a projected deficit of about Rs36.9 billion. The budget proposed … Read more

What's in the MOU

The United States on Wednesday released the official text of the memorandum of understanding reached over the weekend with Iran which spells out provisions for reopening the Strait of Hormuz, easing certain financial restrictions on Iran and sets out expectations for addressing Iran's nuclear programme. Titled the "Islamabad Memorandum of Understanding between the United States … Read more