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Tarbela cost jumps 282% to Rs316b

[ ISLAMABAD: The government has approved 16 projects costing Rs1.15 trillion, including the politically controversial Lahore-Bahawalnagar motorway and a 282% upward revision in the Tarbela fifth extension scheme that is facing serious setbacks. The Executive Committee of the National Economic Council (ECNEC), headed by Deputy Prime Minister Ishaq Dar, approved these schemes – some of … Read more

Iran threatens neighboring countries against joining US ‘economic war’

Iranian president says Tehran will not make concessions, urges end to ‘no war, no peace’ situation POLITICAL EXPRESSION: A man holds a flag with a picture of late leader of the Islamic Revolution Ayatollah Ruhollah Khomeini during a rally in Tehran on April 29, 2026. PHOTO: REUTERS/FILE Iran warned neighboring countries on Saturday against joining … Read more

Ministry seeks govt support for cross-subsidy

[ Minister for Petroleum and Natural Resources Ali Pervaiz Malik. Photo: Reuters/ File ISLAMABAD: The Petroleum Division has sought budgetary support from the federal government to bear the cost of cross-subsidy for the domestic sector in a bid to provide relief for other gas consumers. It has projected a cross-subsidy of Rs160 billion for the … Read more

Virtual assets licensing launched

[ ISLAMABAD: Pakistan has built a complete licensing system for virtual assets in less than six months and has given existing operators until September 5, 2026 to apply. Minister of State and Chairman of the Pakistan Virtual Assets Regulatory Authority Bilal bin Saqib announced the development on Saturday while briefing the media on the Pakistan … Read more

Afridi vows to lead long march to Islamabad

HANGU: Khyber-Pakhtunkhwa Chief Minister Muhammad Sohail Afridi on Saturday vowed to personally lead Pakistan Tehreek-e-Insaf (PTI) workers in the September 27 long march to Islamabad, declaring that the announced date was firm and non-negotiable and that the party would not retreat until achieving its objective. The chief minister made the remarks during a one-day visit … Read more

BRT Red Line picks up steam

KARACHI: The city’s long-awaited transport overhaul is gathering momentum, with construction on the BRT Red Line accelerating and the Sindh government setting a September 15 deadline to make University Road fully motorable, Senior Minister Sharjeel Inam Memon said during a visit and inspection of the project site on Saturday. Sharjeel reviewed construction activity along the … Read more

Bangladesh signals openness to joining Makkah pact

. DHAKA: Bangladesh has signalled that it is open to joining the Makkah Joint Defence Agreement between Pakistan, Saudi Arabia and Turkiye, as Dhaka seeks to expand its strategic partnerships while keeping national interests at the centre of its foreign policy, it emerged on Saturday, according to state-run Bangladesh Sangbad Sangstha (BSS). “Bangladesh maintains a … Read more