Crisis leaves thousands of widows, patients & poor families without financial support RAWALPINDI: Due to a severe economic and financial crisis, the Zakat Department in Rawalpindi has failed to provide financial assistance to deserving beneficiaries for the past 10 months. This year, no Eid gifts were distributed on Eidul Fitr, and there are fears that…
Urges immediate ceasefire, political resolution as concerns mount over survival of US-Iran ceasefire Combination image of Chinese President Xi Jinping and Saudi Arabia’s Crown Prince Mohammed bin Salman. PHOTOS: REUTERS Chinese President Xi Jinping called for normal passage of ships through the Strait of Hormuz to be maintained, in a phone call on Monday with…
10-group network collected millions from over 1,300 students; suspect confesses to generating papers using AI KARACHI: The Karachi police on Monday arrested four members of an organised network involved in leaking Matric and Intermediate Board examination papers, collecting millions of rupees from students in exchange. The Karachi police chief had assigned the Special Investigation Unit…
Gold and silver prices declined in both international and domestic markets, reflecting a broader downward trend in precious metals. In the international bullion market, the price of gold fell by $49 per ounce, settling at $4,788. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), in the local market, gold prices also recorded a…
NAROWAL: Federal Minister for Planning Ahsan Iqbal said that if the Iran-US war had continued, oil prices would have surged beyond Rs600 per litre and the economies of 193 countries would have collapsed. “Today, Pakistan’s leadership is not only a benefactor of Pakistan but of 193 countries,” Iqbal said on Sunday while addressing a ceremony…
Officials say initiative expected to attract local, foreign investment and support transition toward digital system The Power Division and the International Finance Corporation (IFC) on Monday signed a Transaction Advisory Services agreement aimed at modernising Pakistan’s electricity distribution system through large-scale smart metering, PTV reported. Under the plan, around 10 million electricity consumers across the…
United States stock index futures inched lower on Monday after a record rally on Wall Street last week as dimming prospects of an end to the Iran conflict prompted investors to curb their risk appetite. Iran opened the Strait of Hormuz on Friday, prompting a buying frenzy across markets, with the S&P 500 and the…
Both sides express concern over broader implications on global economy, especially for developing countries Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar held a telephone conversation with Australian Foreign Minister Penny Wong on Sunday, April 20th, 2026. Australian Foreign Minister Penny Wong on Monday praised Pakistan’s “constructive role” in facilitating dialogue between Iran and…
Growth in Asia-Pacific developing economies slows to 4.6% in 2025, projected at 4% in 2026 Activists hold a silent protest against the draft agreement, during the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan November 22, 2024. PHOTO: REUTERS Despite mounting global headwinds, Asia-Pacific developing economies’ growth is projected to slow to 4.0% in…
Two-week exercise designed to enhance interoperability by refining drills, procedures, techniques, ISPR says Pakistan and Egypt successfully concluded a joint counterterrorism exercise, “Thunder-II”, held at Cherat in Khyber-Pakhtunkhwa, the military’s media wing said on Monday. According to the Inter-Services Public Relations (ISPR), the two-week exercise was “designed to enhance interoperability by refining drills, procedures, and…