. LAHORE: With increased indent by Indus River System Authority (IRSA) from the water reservoirs, Wapda’s hydel power generation surpassed 6,000MW, supplying 6,118MW to the national grid during peak hours last night, according to a statement on Monday. Tarbela Hydel Power Station contributed 2,332MW, with its fourth extension adding 1,095MW. Ghazi Barotha generated 1,160MW, Mangla…
ISLAMABAD: S&P Global Market Intelligence has identified Pakistan as the economy facing the highest macro-financial stress risk under a prolonged Middle East conflict scenario. This is part of the latest assessment of major Asia-Pacific (APAC) economies. The outlook projects Pakistan’s real GDP growth to ease to 3.2% in fiscal year 2027, with the balance of…
. ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb on Monday held a meeting with a delegation of the Asian Infrastructure Investment Bank (AIIB), led by its President Zou Jiayi, at the Finance Division. The minister appreciated AIIB’s continued partnership with Pakistan in supporting infrastructure development, economic reforms and long-term development financing. He thanked AIIB for…
Analysts said Pakistan’s external sector remained stable for now due to strong remittances and IMF‑backed financing support, but cautioned that a sustained increase in imports without corresponding export growth could revive balance‑of‑payments risks. photo:file KARACHI: Pakistan’s external account slipped back into deficit in April 2026 as a sharp rise in imports outpaced export growth, highlighting…
KARACHI: A Judicial Magistrate South on Monday extended the physical remand of alleged drug queenpin Anmol alias Pinky by four days in a murder case registered at Baghdadi Police Station. During the proceedings at the Judicial Complex inside the jail premises, the investigation officer sought permission to record the complainant’s statement under Section 164 of…
The trial was seen as a key moment for OpenAI’s future and broader AI use and benefits A combination image shows OpenAI CEO Sam Altman and Elon Musk during the trial. REUTERS A United States jury on Monday ruled against Elon Musk in his lawsuit against OpenAI, finding the artificial intelligence company not liable to…
Israeli forces occupy a southern security zone, razing villages to deter Hezbollah attacks Smoke rises following an Israeli strike in Zebdin, Lebanon May 18, 2026.PHOTO: REUTERS Israel carried out airstrikes in southern Lebanon on Monday, Lebanese security sources and the state news agency said, while Hezbollah announced new attacks on Israeli forces, continuing the war…
Pirates reject any third-party negotiations, ask government to speak with them directly A screengrab of a video shows crew members of an Indonesia-flagged vessel held hostage by Somali pirates. Somali pirates have demanded a ransom of three million dollars for the release of seventeen hostages, including ten Pakistanis. During ongoing communication between the pirates and…
Information minister ays responding to rumours pointless; Khawaja Asif says ‘absolutely’ no talks on amendment Defence Minister Khawaja Asif (L) and Information Minister Attaullah Tarar. Photo: Files Federal ministers on Monday shot down rumours regarding raising the voting age to 25 as part of a proposed 28th constitutional amendment amid strong criticism of any such…
‘Such engagements shouldn’t be mischaracterised as offensive or linked to speculative regional scenarios’ Royal Saudi Land Forces and units of Special Forces of the Pakistani army take part in a joint military exercise called “Al-Samsam 5” in Shamrakh field, north of Baha region, southwest Saudi Arabia on March 30, 2015. Photo: Saudi Press Agency (SPA)…