PM Shehbaz assures Pezeshkian of Pakistan’s continued support in next phase of negotiations

Says Islamabad will stand by Iran as a brotherly and neighbouring country in all areas Prime Minister Shehbaz Sharif on Wednesday assured Iranian President Masoud Pezeshkian of Pakistan’s continued support during the next phase of negotiations with the United States, saying Islamabad would stand by Iran as a brotherly and neighbouring country in all areas….

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PSX hits fresh recent highs with 887-point

The Pakistan Stock Exchange (PSX) extended its winning streak on Thursday, with the benchmark KSE-100 Index closing at a fresh high as positive macroeconomic cues and easing geopolitical concerns boosted investor sentiment. “Bulls extend their grip as optimism lifts the market,” observed Tooline Securities. The local bourse witnessed another bullish trading session today, with investors…

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Israel FM says cutting contact with EU top diplomat over ‘apartheid’ remarks

EU foreign policy chief says illegal settlements in West Bank undermine prospects for two-state solution Israeli Foreign Minister Gideon Saar holds a press conference with German Foreign Minister Johann Wadephul (not pictured) following their talks, in Berlin, Germany, May 5, 2026. REUTERS Israel’s foreign minister said on Thursday that he was severing all contact with…

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JI to hold nationwide protests against inflation, petroleum levy on June 19

Calls for complete abolition of petroleum levy and reductions in diesel and electricity prices Jamaat-e-Islami Emir Hafiz Naeemur Rehman addresses the opening session as the party’s three-day congregation begins at the historic Minar-e-Pakistan in Lahore. Photo: X LAHORE: Jamaat-e-Islami (JI) Hafiz Naeemur Rehman on Thursday demanded an immediate reduction in petroleum prices and announced nationwide…

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DISCOs introduce simplified electricity bills

ISLAMABAD: Distribution companies (DISCOs) across Pakistan have introduced a redesigned electricity bill format, marking a significant step in the Ministry of Energy (Power Division)’s consumer-centric reform agenda. The new bill format has been developed with a clear focus on simplicity, readability and an improved consumer experience, presenting key billing information in a structured and accessible…

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Footwear sector opposes Third Schedule inclusion

Says budget move will discourage documentation, put pressure on labour-intensive sector LAHORE: The Pakistan Footwear Manufacturers Association (PFMA) has expressed serious concern over the proposal in the Finance Bill 2026 to place the footwear sector under the Third Schedule, stating that the move may create acute practical difficulties for the industry, discourage documentation efforts and…

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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…

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Capital launches first-ever ‘Mehfooz Muharram’ app for digital security monitoring

Application will provide live location, image-sharing feature to help authorities respond quickly to security concerns Capital launches first-ever ‘Mehfooz Muharram’ app for digital security monitoring In a first for the federal capital, authorities have developed a special digital application, “Mehfooz Muharram” (Safe Muharram), as part of extensive security arrangements for Muharram-ul-Haram, with complete geo-tagging of…

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