Pakistan

The Pakistan Cricket Board (PCB) has granted No Objection Certificates (NOCs) to 13 players, including Babar Azam and Mohammad Rizwan, for global franchise leagues. Rizwan, Shaheen Afridi, Babar Azam, and Shadab Khan have confirmed their availability for the upcoming Big Bash League (BBL) Draft, scheduled to take place on June 19. In a statement on […]

PPP Senator Sherry Rehman on Tuesday termed India a “belligerent power spinning out of control” as she responded to remarks by the latter’s Minister for External Affairs Subrahmanyam Jaishankar on allegations of terrorism. Pakistan and India have been at odds since a deadly attack in occupied Kashmir’s Pahalgam on April 22. New Delhi, without any evidence, blamed Islamabad for the attack, while Pakistan strongly denied the claims and offered a neutral probe. The two nations then fought a four-day conflict before the US brokered a ceasefire on May 10. Speaking in Brussels earlier today, Jaishankar said when India’s Prime Minister Narendra Modi said that “Operation Sindoor” was not over, it was a clear message that “we reserve the right to go after terrorists anytime, anywhere if they have done harm to us”. Responding to the statement, Senator Rehman said on X: “Sorry, but these threats only suggest a belligerent power spinning out of control.” The senator, who is also part of a high-level delegation presenting...

President Asif Ali Zardari has called for enhancing cooperation between Pakistan and Russia in areas such as trade, investment, technology, and people-to-people exchanges.

Federal Finance Minister Muhammad Aurangzeb has clarified that no discussions have taken place regarding a petroleum levy in the proposed Budget 2025–26, ARY News reported. Speaking on ARY News’ program “Khabar”, the minister stated that while revenue could potentially be increased through a carbon levy, the petroleum levy has not yet been considered. He emphasized […]

The Pakistan Tehreek-e-Insaf (PTI) has outright rejected the federal budget for the fiscal year 2025–26, staging a strong protest during Finance Minister Muhammad Aurangzeb’s speech in the National Assembly on Tuesday.

Barack and Michelle Obama post rare family photo to celebrate daughter Sasha’s 24th birthday on June 10, 2025.

Higher levy to deny consumers relief from falling global oil prices

Middle class to feel heat as digital platforms, solar panels, cars and couriers among key targets

Govt targets Rs64b in revenue from taxes on digital platforms, courier services

No new taxes on fertiliser, pesticides; seed sector reforms, foreign training programmes announced

Power sector to get lion's share of Rs1.03tr while allocations for KE, AJK, FATA, and industries cut

Chambers, trade bodies call for tax base expansion, raise alarm over unrealistic targets

Index rises 383 points owing to progress on resolving debt crisis

Market sees stability as budget leaves capital gains tax unchanged

In a rather noisy National Assembly session on Tuesday, Finance Minister Muhammad Aurangzeb presented the budget for the fiscal year 2025-2026, with a total outlay of Rs17.573 trillion and an ambitious 4.2 per cent growth target. In his speech, Aurangzeb said the budget was being presented at a “historic moment”, referring to the recent Pakistan-India escalation. He stressed the need for ensuring the country’s financial security in the same way that national sovereignty was protected. “Pakistan has now achieved economic stability and is moving towards a Pakistan that is prosperous,” he said. Dawn.com reached out to leading economists and analysts for their key takeaways from the budget. Here’s what they had to say: ‘An anomaly’ Economist Adil Nakhoda noted that the government had reduced its outlay for the current fiscal year, which, according to him, was an anomaly. “This is likely due to the significant decline in interest payments as the government’s debt as a percentage of the gross domestic product has a...

National Savings Centre Lahore has announced the winning numbers for the Rs25000 prize bond draw of 2025. Conducted every three months, the draw offers an excellent opportunity for Bond holders to win significant amounts, with the grand prize amounting to an impressive Rs80 million. Many Pakistanis still choose Bonds as their preferred investment choice because they offer […]

The federal government has proposed a substantial 20 percent increase in Pakistan’s defense budget for the fiscal year 2025-26, allocating Rs 2,550 billion to bolster national defense capabilities.

ISLAMABAD: In the Budget 2025-26, the government has imposed a carbon levy of Rs 2.5 per liter on petrol and diesel, a move expected to directly impact fuel prices, ARY News reported. According to reports,  furnace oil will be subjected to a carbon levy of Rs 2,665 per million tons, based on the same per-liter […]

Maryam vows to strengthen relations between Punjab and California

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