Pakistan

  • Iran suspends cooperation with UN nuclear watchdog
    Dawn - 12:22 Jul 02, 2025
    Iran on Wednesday formally suspended its cooperation with the UN nuclear watchdog, a measure drawn up in the wake of unprecedented Israeli and US strikes on the Islamic republic’s nuclear sites. The war between Iran and Israel, which broke out on June 13 and lasted for 12 days, has intensified tensions between Tehran and the International Atomic Energy Agency (IAEA). On June 25, a day after a ceasefire took hold, Iranian lawmakers overwhelmingly voted in favour of the bill to suspend cooperation with the agency. State media said today that the legislation had cleared the final hurdle and was in effect. The text, published by Iranian media, states that the legislation aims to “ensure full support for the inherent rights of the Islamic Republic of Iran” under the nuclear non-proliferation treaty, and “especially uranium enrichment”. The issue of enrichment was at the core of disagreements between Washington and Tehran in nuclear negotiations that had been derailed by the war. Israel and some Western countries h...
    Tags: Iran
  • Speaker NA condemns Bajaur blast, expresses grief over loss of lives
    The Nation - National - 12:17 Jul 02, 2025
    Speaker National Assembly Sardar Ayaz Sadiq strongly condemned the tragic explosion that took place at Saddiqabad near the railway crossing Mela in Bajaur district.
    Tags: Bajaur
  • Kuwaiti Dinar strengthens to 929.72 PKR, marks steady monthly gain
    The Nation - National - 11:51 Jul 02, 2025
    The Kuwaiti Dinar (KWD) continued its upward momentum against the Pakistani Rupee (PKR), trading at 929.
  • PSX scales 130,000 barrier as market climbs by 2,100 points
    Dawn - 11:37 Jul 02, 2025
    Bulls continued their reign over the trading floor at the Pakistan Stock Exchange (PSX) on Wednesday as shares scaled the 130,000-point barrier to reach a new high after climbing by 2,100 points. The benchmark KSE-100 index opened on a positive note, rising by 1,430.07 points (1.12 per cent) to reach 129,629.49 points at 10:07am, from the previous close of 128,199.42 points. Shares then rose further to reach 130,344.03 points at close, gaining 2,144.61 points (1.67pc) from yesterday. The PSX extended its record-breaking rally for the fourth consecutive session today, which analysts attributed to easing inflation and signs of macroeconomic stability. Awais Ashraf, director of research at AKD Securities, said the increase in tax rate on income from debt securities, along with a change in the taxation structure for mutual funds to proportionate holdings of equities and fixed income, has resulted in inflows to equities from fixed income. “Significant reduction in inflation rate — fell to a low of nine years — wit...
  • Monsoon rains expected to intensify across Pakistan from July 05
    The Nation - National - 11:14 Jul 02, 2025
    The Pakistan Meteorological Department (PMD) on Wednesday has forecast a significant intensification of monsoon activity across the country beginning from the evening of July 05, with widespread rain, thunderstorms and the possibility of flash floods and urban flooding in several regions.
    Tags: July
  • Islamabad to use drones for traffic, Karachi to introduce traffic courts
    The Nation - National - 11:13 Jul 02, 2025
    In a major development to modernize traffic enforcement, the Islamabad Traffic Police (ITP) has announced the deployment of advanced drone technology to monitor traffic violations and enhance road safety.
  • NEPRA approves Rs1.15 per unit cut in basic electricity tariff
    The Nation - National - 11:12 Jul 02, 2025
    The National Electric Power Regulatory Authority (NEPRA) on Wednesday approved a reduction of Rs1.
    Tags: NEPRA
  • Rs1 trillion budget focused on public welfare: Sharjeel Memon
    The Nation - National - 11:08 Jul 02, 2025
    Senior Sindh Minister Sharjeel Inam Memon has emphasized that the Sindh government’s development budget goes beyond financial allocations and embodies a broader vision to enhance public welfare.
  • PM Shehbaz lauds Saudi role in regional peace
    The Nation - National - 11:00 Jul 02, 2025
    Prime Minister Shehbaz Sharif on Wednesday praised Saudi Arabia’s efforts to promote peace in the Middle East and acknowledged its significant role in facilitating a ceasefire understanding between Pakistan and India.
  • Four killed in bomb blast targeting AC’s vehicle in Bajaur
    The Nation - National - 10:55 Jul 02, 2025
    At least four people were killed and several others injured in a powerful explosion targeting the assistant commissioner's vehicle in Bajaur, Khyber Pakhtunkhwa, on Wednesday.
    Tags: Bajaur
  • Bangladesh’s fugitive ex-leader Hasina sentenced to six months
    Dawn - 10:28 Jul 02, 2025
    Bangladesh on Wednesday convicted fugitive ex-prime minister Sheikh Hasina of contempt of court and issued a six-month prison sentence in absentia, the first verdict since she was ousted last year. Hasina, 77, fled to neighbouring India at the culmination of the student-led uprising in August 2024, and has defied orders to return to Dhaka. “She will serve the sentence the day she arrives in Bangladesh or surrenders to the court,” chief prosecutor Mohammad Tajul Islam told reporters after the court decision. The case centred around comments that prosecutors said she had made after she was ousted from power, which they said threatened witnesses in ongoing court hearings. “The prosecution team believes her comment created an aura of fear among those who filed the cases and among the witnesses,” Islam said. Shakil Akanda Bulbul, a fugitive leader of her now-banned Awami League, was sentenced to two months in prison in the same case. Up to 1,400 people were killed between July and August last year, according to th...
  • Trump urges 60-day Gaza ceasefire deal ahead of Netanyahu visit
    Dawn - 10:26 Jul 02, 2025
    US President Donald Trump urged Hamas on Tuesday to accept a 60-day ceasefire in Gaza, saying that Israel had agreed to finalise such a deal, as its forces also stepped up operations in the Palestinian territory. Nearly 21 months of relentless Israeli bombardment have created dire humanitarian conditions for the more than two million people in the Gaza Strip, where Israel has recently expanded its military operations. The civil defence agency said Israeli strikes killed at least 14 people today. Trump, in a post on social media, said his representatives had met with Israeli officials about the raging conflict, ahead of Prime Minister Benjamin Netanyahu’s visit to Washington next week. “Israel has agreed to the necessary conditions to finalise the 60-day ceasefire, during which time we will work with all parties to end the war,” Trump wrote. He said representatives of Qatar and Egypt, mediators in the conflict, would deliver “this final proposal”. “I hope, for the good of the Middle East, that Hamas takes this...
  • PAA raises air cargo charges nationwide after five years
    The Nation - National - 10:04 Jul 02, 2025
    The Pakistan Airports Authority (PAA) has increased air cargo handling charges at all airports across the country, marking the first hike in five years, according to an official notification issued on Wednesday.
  • Missing persons commission logs 125 new cases in first half of 2025
    Dawn - 09:39 Jul 02, 2025
    A total of 125 missing persons cases were submitted to the Commission of Inquiry on Enforced Disappearances in the first half of 2025, it emerged on Wednesday. The commission was set up in 2011 to trace missing persons and fix responsibility on the individuals or organisations responsible for their disappearance. In the month of June alone, a total of 27 missing persons cases were received nationwide, while 33 cases were disposed of. The commission offered a monthly breakdown of the cases received and disposed; 26 cases were received in January and 209 disposed of; 12 new cases in February and 104 disposed of; 30 were recieved in March and 34 disposed of; 11 were reported in April and 42 disposed of; 19 were received in May and 62 disposed of. The total number of cases received up till June 2025 was 10,592, while 1,914 cases of them were disposed of and 6,786 were traced, the commission said. A total of 4,771 missing persons have returned home, according to the report, while 1,017 people are being held in int...
  • Dalai Lama says he will be reincarnated, Trust will identify successor
    Dawn - 09:33 Jul 02, 2025
    The Dalai Lama said on Wednesday that the 600-year-old Tibetan spiritual institution would continue after his death, reassuring Buddhist followers around the globe and saying his office “exclusively” would name his successor, even as China insisted it would. Followers of the Dalai Lama laud his tireless campaign for greater autonomy for Tibet, a vast high-altitude plateau in China about the size of South Africa. It is a landmark decision for Tibetans, many of whom had feared a future without a leader, as well as for global supporters who see the Dalai Lama as a symbol of non-violence, compassion and the enduring struggle for Tibetan cultural identity under Chinese rule. According to Tibetans, Tenzin Gyatso is the 14th reincarnation of the Dalai Lama. The charismatic Nobel Peace Prize-winning Buddhist had previously said the institution of Dalai Lama would continue only if there was popular demand. He said on Wednesday he had received multiple appeals over the past 14 years from the Tibetan diaspora, Buddhists...
  • China’s Alibaba launches e-commerce subsidies of $7bn in consumption boost
    Dawn - 09:24 Jul 02, 2025
    The online retail platform of Chinese tech giant Alibaba announced on Wednesday that it will issue $7 billion in subsidies for certain purchases, providing a much-needed boost for a country struggling with sluggish spending. Taobao, China’s e-commerce champion launched by Alibaba in 2003, said in a WeChat statement that the 50bn yuan ($6.97bn) would “directly subsidise consumers and merchants” over a 12-month period starting Wednesday. The spending incentives on Taobao’s “flash purchase” feature will take the form of “red envelopes” — a digital form of traditional cash gifts — as well as discounts on products, deliveries and commissions, the statement said. Taobao said that the subsidies will “provide consumers with preferential and convenient services and experiences, further stimulating consumption vitality”. Beijing is battling to stave off deflationary pressure, which has threatened to dampen economic growth even as challenges elsewhere mount. A lengthy property sector crisis and a fierce trade war with t...
  • PM Shehbaz Sharif reviews FBR reforms, lauds 42% revenue surge
    The Nation - National - 09:23 Jul 02, 2025
    Prime Minister Muhammad Shehbaz Sharif chaired a weekly review meeting on the digitization and ongoing reforms in the Federal Board of Revenue (FBR) on Tuesday.
  • Pakistan and India likely to clash on Sept 7 in Asia Cup 2025: report
    Dawn - 09:11 Jul 02, 2025
    Pakistan and India are expected to play against each other “likely” on September 7 in the Asia Cup 2025 — set to begin on September 4 or 5 in the UAE, according to a report by The Times of India on Wednesday. The T-20 tournament will mark the 17th edition of the Asia Cup, beginning with a group stage and then a super-four round. The participating teams include India, Pakistan, Sri Lanka, Bangladesh, Afghanistan, and the UAE. According to Asia Cup’s website, recent political tensions between India and Pakistan have made UAE the frontrunner to host the tournament or serve as part of a hybrid hosting model. The multi-nation tournament was initially going to be hosted solely by India. According to the Indian media report, a 17-day window has been almost finalised by the Asian Cricket Council, where India and Pakistan are to clash on September 7. The two teams could also see a second match on September 14, depending on how the teams progress. The report said that all the participating teams are currently in the pr...
  • Pipeline supplying gas to Punjab blown up in Lakki Marwat
    The Nation - National - 09:07 Jul 02, 2025
    Terrorists have blown up main transmission gas pipeline in Khyber Pakhtunkhwa’s Lakki Marwat district, which was supplying gas to Punjab, local police said on Wednesday.
  • Met Office predicts hot, humid weather in most parts of country
    The Nation - National - 09:04 Jul 02, 2025
    The Pakistan Meteorological Department (PMD) has forecast hot and humid conditions to continue across most parts of the country on Wednesday, with chances of rain, wind, and thundershowers at isolated locations in northern and upper regions.