Pakistan rejects India’s UNSC remarks on IWT, terrorism as ‘futile attempt’ to distort facts

Iftikhar urges UNSC to remain vigilant against the exploitation or weaponisation of natural resources Pakistan on Thursday rejected Indian remarks at the United Nations Security Council on the Indus Waters Treaty (IWT) and terrorism as a ‘futile attempt’ to distort facts, saying India’s statement was an effort to conceal its alleged sponsorship and financing of…

Read More

S&P upgrades credit rating to B

KARACHI/PAKISTAN: Standard & Poor’s raised Pakistan’s credit rating by a notch to B on Wednesday, citing improved political and institutional stability that helped implement tough reforms. Political stability has bolstered the government’s capacity to implement reforms. On July 22, 2026, S&P Global Ratings raised its long-term sovereign credit rating on Pakistan to B from B…

Read More

Around 1,300 Israeli occupiers storm Al-Aqsa Mosque compound in occupied East Jerusalem

Israeli police impose restrictions on Palestinian worshippers; occupiers mark ‘anniversary’ of ‘destruction of Temple’ Israeli settlers raised Israeli flags inside the Al Aqsa Mosque on April 21, 2026. PHOTO: West Bank Notifications X Around 1,300 Israeli occupiers stormed the Al-Aqsa Mosque compound in occupied East Jerusalem on Thursday morning as they marked the Jewish holiday…

Read More

FO expresses ‘disappointment’ over EU GSP+ report, says it fails to present ‘balanced picture of progress’

Condemns Houthi attacks, warns any act against Pakistani vessels will be regarded as grave threat to national security FO spokesperson Tahir Andrabi addresses a weekly press briefing in Islamabad. Photo: Screengrab Pakistan on Thursday expressed “disappointment” over the European Union’s latest GSP+ assessment, saying the report failed to present a balanced picture of the country’s…

Read More

Bank profits sink on provisions

DIGITALISATION: Over the medium term, the sector is expected to benefit from regulatory pushes towards a documented, cashless economy, which should structurally enhance the low-cost deposit base. PHOTO:FIL KARACHI: Pakistan’s commercial banking sector is expected to face a squeeze on profitability in the second quarter of 2026 as elevated provisions, narrowing margins and weaker non-funded…

Read More

PM condemns Houthi attacks on Saudi oil tankers, assures Riyadh of full support in call with MBS

Reiterates Pakistan’s unwavering support for Kingdom’s security, sovereignty, territorial integrity and prosperity Saudi Crown Prince Mohammed bin Salman meets Prime Minister Shehbaz Sharif upon his arrival in Jeddah, Saudi Arabia on April 29, 2022. Photo: Reuters Prime Minister Shehbaz Sharif on Thursday condemned attacks carried out by the Houthi militia against Saudi oil tankers in…

Read More

President Zardari orders intensified monsoon preparedness nationwide

President Asif Ali Zardari. Photo: File President Asif Ali Zardari on Thursday directed all federal, provincial and local authorities to intensify coordinated preparedness, rescue and relief measures as the country enters a critical phase of the monsoon season amid heightened risks of flash floods, cloudbursts, glacial lake outburst floods (GLOFs), landslides and urban flooding. In…

Read More

FinMin reviews reform progress with IMF leadership, reaffirms commitment to economic transformation

Discussions focus on reform agenda, including tax, energy sector reforms, privatisation, debt management Finance Minister Muhammad Auranzgeb held a series of meetings with senior International Monetary Fund officials including First Deputy Managing Director Dan Katz, Deputy Managing Director Nigel Clarke, Middle East and Central Asia Department Director Jihad Azour, and IMF Mission Chief for Pakistan…

Read More

Wildfire near Boston Bar community in Canada grows more than fourfold overnight

‘Based on today’s weather forecast, we are expecting another challenging day,’ says British Columbia Wildfire Service A wildfire near the Boston Bar community in Canada’s British Columbia province grew more than fourfold overnight as firefighters faced hot, dry conditions expected to fuel further intense fire activity, according to the British Columbia Wildfire Service on Wednesday….

Read More