Pakistan

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ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar on Tuesday said that Pakistan was ready to facilitate dialogue between the United States and Iran. “Pakistan is ready to facilitate dialogue between Washington and Tehran in Islamabad,” Dar said while speaking in the upper house of Parliament. He noted that both Prime Minister Shehbaz Sharif and Chief of Army Staff Field Marshal Asim Munir had played a “very active and positive role” in diplomatic and defence-level engagements aimed at defusing tensions. He also told the Senate that Iran had agreed not to build nuclear weapons, but said the US was pressing for the complete dismantling of Tehran’s nuclear programme. In his speech, he also recalled that the dialogue process between the US and Iran was initially progressing “successfully”. He also highlighted Prime Minister Shehbaz Sharif’s visit to Austria, where he held a meeting with the International Atomic Energy Agency (IAEA) chief, who Dar said was “optimistic that dialogue was heading in a p...

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DG summoned as court questions delay, warns against victimisation

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Dualisation of Kahuta-Soan Road and flyover at Sihala Railway Crossing yet to start

Railways says shrine income funds staff families; Auqaf claims admin control

Energy prices surged on Tuesday, sending stocks tumbling and the dollar rising as investors worried about inflation and the inability of central banks to help with interest rate cuts. World oil prices soared around nine percent and European natural gas prices rocketed for a second day running as the war disrupted Middle East exports. Brent North Sea crude, the international benchmark, topped $85 a barrel for the first time since July 2024. The US and Israeli attacks on Iran and its retaliation across the region have upended regional energy flows, with the crucial Strait of Hormuz — through which about a fifth of global oil transits — effectively closed off. The war has also fuelled fears of a fresh energy crisis that could ramp up inflation. “The higher energy costs are fueling inflation concerns, pushing out rate cut expectations for some and increasing rate hike possibilities for others, while also raising earnings concerns that stem from higher operating costs and a potential slowdown in consumer spending,...

ISLAMABAD: Ill-planned surplus generation capacity, low plant utilisation, high fixed costs and inefficient generation dispatch have become a permanent source of high consumer-end power tariffs, as well as a financial drain on the power sector and the federal budget, says the power regulator’s annual report. The National Electric Power Regulatory Authority’s (Nepra) Annual Report on the Performance of Power Plants in Pakistan FY2024-25 said: “Overall, the [power] sector’s high fixed costs, low utilisation, and inefficient dispatch of generation resources collectively resulted in higher electricity tariffs and financial stress on the power system.” It further said, “In summary, achieving an economically sustainable power sector requires thorough evaluation of the financial and economic consequences before adding new generation capacity. Simply expanding capacity without assessing its cost-effectiveness and expected utilisation can result in inefficiencies such as under-used assets and increased electricity cos...

Five PTI leaders imprisoned at Lahore’s Kot Lakhpat jail said on Tuesday that the government needed to revisit its approach to address immediate national challenges, adding that “national reconciliation is the need of the hour”. The PTI leaders — Shah Mahmood Qureshi, Dr Yasmin Rashid, Ejaz Chaudhry, Mian Mahmoodur Rasheed, and Omar Sarfraz Cheema — made the remarks in a statement released through their lawyer. They said that rising terrorism due to the Tehreek-i-Taliban Pakistan, the deterioration in ties with Afghanistan, the attack on Iran by the United States and Israel in the middle of ongoing negotiations and Tehran’s retaliation had “destabilised the entire region”. They further said that the advancement in ties between India and Israel was a “serious threat” to Pakistan. They also talked about rising oil and gas prices after the outbreak of hostilities in the Middle East, saying it would have an “immediate impact on the macro-economic stability recently achieved through a huge price paid by the people...

England will go into their T20 World Cup semi-final against India with no fear, said all-rounder Sam Curran on Tuesday, adding that their first job would be to silence a raucous home crowd. England will take on the favourites and hosts in front of 35,000 fiercely partisan fans in Mumbai on Thursday, with a place in the final against South Africa or New Zealand at stake. The noise will be deafening at times in the cauldron-like confines of the Wankhede Stadium. But Curran said that because he and many of his England teammates — such as Will Jacks at the Mumbai Indians — play in the Indian Premier League (IPL), they will not be fazed. “It’s an experience as a young cricketer you dream of — playing India in the semi-final of a World Cup,” left-arm seamer Curran told reporters. Curran was in the international wilderness a year ago but forced his way back into the England squad with eye-catching performances in T20 franchise leagues, including the IPL. “India are a quality side but we’ve played a lot of cricket he...

A balloon in the shape of an airplane has caused a stir on Indian media. According to several media outlets, the balloon has been taken into police custody. Indian news agency ANI posted on X that an “aircraft-shaped balloon” with “PIA” written on its was found in Rajouri in occupied Kashmir. “The police team took the object into possession. No electrical or electronic components were found affixed,” the post said, citing police. The images shared with the post showed a deflated balloon in the shape of a plane and with the words PIA on the sides, ostensibly a reference to Pakistan International Airlines. The development was also reported by the Hindustan Times, Times of India. Meanwhile, NDTV also shared the the same on its X account. “Further proceedings underway to determine its origin,” it said. In 2021, a similar incident had occurred, with authorities in occupied Kashmir seizing a plane-shaped balloon bearing the name of the Pakistan International Airlines. According to the report, the balloon featuring ...

Federal Minister for Law and Justice Azam Nazeer Tarar informed the Senate on Tuesday that Prime Minister Shehbaz Sharif will hold a closed-door session with parliamentary leaders to discuss the rapidly developing situation in the Gulf region.

The Election Commission of Azad Jammu and Kashmir (AJK) has not yet announced the schedule for the presidential election due to procedural gaps in the communication it received.

Pakistan’s benchmark stock index, the KSE-100, closed in the green, up 5,159.10 points to 157,132.09 points on Tuesday, following the largest single-session decline in the bourse’s history on Monday. This 3.39 per cent increase marks a significant rebound from yesterday’s drop of more than 16,000 points. This upward momentum followed early volatility, with the benchmark slipping 700 points into the red at 9:16am. Topline Securities noted that market participation also improved, with total traded volume reaching 770 million shares and turnover clocking in at Rs 44.3 billion. However, the index continued to reflect the volatility seen in the previous session, swinging between an intraday low of 151,258.85 points and a high of 158,217.01. The most actively traded stocks were led by K-Electric Limited, which climbed 8.81pc to Rs7.29 on a volume of 74,401,539 shares. It was followed by Worldcall Telecom Limited, up 8.04pc to Rs1.21 with 50,045,665 shares traded, while Pak Elektron Limited declined 9.04pc to Rs39.3...

RAWALPINDI: The Pakistan Airports Authority (PAA) said on Tuesday that the country’s airspace remained “fully open, safe, and completely available for all civil aviation traffic”. The clarification came after the authority issued a notice to airmen (Notam) regarding specific air routes in Karachi and Lahore regions, saying they would remain unavailable from March 3 to March 31 between 9am and 3 pm daily. The Notam said “selected ATS (air traffic service) routes segments” in the Karachi (OPKR) and Lahore (OPLR) flight information regions (FIRs) would remain unavailable during the above-mentioned period due to “operational reasons”. This screengrab shows the Notam issued by the PAA on March 3. 2026. In a subsequent statement, the PAA said that the Notam was a “routine operational advisory”. “It announces the temporary unavailability of specific ATS route segments within the Karachi and Lahore FIRs during daily windows (0900-1500 PKT) from March 3 to 31. These segments are closed from ground level to unlimited a...

An Islamabad court on Monday granted bail to Imran Khan and his spouse Bushra Bibi in the Toshakhana fake receipt case, while also approving bail for the former premier in five additional cases, including those pertaining to attempted murder and alleged defamation of the army.

A PPP delegation met with Prime Minister Shehbaz Sharif in Islamabad on Tuesday to discuss the political situation in the country as well as the regional situation. A press release issued by the Prime Minister’s Office (PMO) said that a delegation of PPP parliamentarians met with the premier today. “The Pakistan People’s Party is an important coalition party of the government,” PM Shehbaz said according to the statement. “The PPP supported the government at every step in important decisions for national development and progress, for which it is grateful.” The meeting discussed the current political situation in the country as well as the prevailing regional situation in the Middle East, but the statement did not provide details of the discussions. The PPP delegation included Senator Sherry Rehman, Raja Pervez Ashraf, and Members of the National Assembly Naveed Qamar and Aijaz Jakhrani. Deputy Prime Minister and Foreign Minister Senator Ishaq Dar, Federal Ministers Ahsan Iqbal and Azam Nazeer Tarar, and PM’s A...