Lahore Police Bust Major Forgery Network
Lahore Police have uncovered an organized forgery network producing counterfeit currency and fake documents, including identity cards and degrees. A four-member gang, including a father-son duo, was arrested.
Category : Business
Pakistan Unveils Simplified Electricity Bills for Consumers
Pakistan introduces redesigned electricity bills with clearer layout, QR codes, and warnings about cyber fraud to enhance transparency and user experience.
President, PM Urge Joint Action to Restore Rangelands
On World Day to Combat Desertification and Drought, President Zardari and PM Shehbaz call for joint efforts to protect and restore Pakistan's rangelands and ecosystems.
Iranian Oil Tankers Pass US Blockade After Deal, Data Shows
At least three Iranian oil tankers have passed through the US naval blockade after a framework deal to reopen the Strait of Hormuz, with shipments expected to add to global supplies.
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Italian Parents Sue Meta and TikTok Over Teen Suicide
Italian families sue Meta and TikTok after 12-year-old Rossella died by suicide, alleging algorithms promoted self-harm content. The landmark case seeks tighter limits on minors' access.
UAE Plans Zero Dependence on Strait of Hormuz
The UAE is working to eliminate reliance on the Strait of Hormuz by expanding eastern ports and building new infrastructure, aiming to reduce geopolitical risks in the Gulf.
FBR: 9,000 Non-Taxpaying Individuals Hold Rs750 Billion in Banks
FBR Chairman Rashid Langrial informed a National Assembly committee that 9,000 individuals with Rs750 billion in bank deposits paid no income tax, highlighting tax system gaps and plans for a faceless taxation system.
New Electricity Bill Format Launched by Pakistan DISCOs
Pakistan's power distribution companies introduce a redesigned electricity bill format focusing on simplicity, transparency, and improved customer experience.
Punjab Drains: 41km New, 13km Rehabilitated
Punjab Local Government Minister Zeeshan Rafique reviews drainage projects: 41km new drains under construction, 13km rehabilitated. Underground tanks to hold 55 million gallons.
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Poultry Industry Criticises Budget, Calls for Tax Relief
A senior representative of Pakistan's poultry industry has expressed disappointment over the federal budget for 2026-27, citing high taxes on vaccines and day-old chicks, urging tax relief to sustain growth and reduce consumer burden.
Punjab Dog Crisis: Poisoning vs. Humane Solutions
Pakistan's Punjab government faces backlash for poisoning stray dogs after bite incidents. Experts urge humane solutions like shelter homes and sterilization.
Pakistan's relief budget targets stability, growth, tax reforms
Information Minister Attaullah Tarar says the FY2026-27 budget is relief-oriented, focusing on tax reforms, export-led growth, and support for salaried classes, youth, and agriculture.
Sindh Cabinet Approves Rs656 Billion Budget for 2026-27
Sindh cabinet approves Rs656 billion budget for 2026-27, focusing on education, health, agriculture, and Karachi development. Minimum wage increased under Bilawal's guidance.
China Unveils Steps to Boost Shanghai as Global Financial Hub
China announces new measures to accelerate Shanghai's development as a global financial center and promote international use of the yuan, including a pilot offshore-yuan forex trading program.
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Karachi Bus Strike from June 18 Over Traffic Fines
Karachi bus operators announce indefinite strike from June 18, protesting excessive traffic challans and fines. Thousands of commuters face disruption.
Oil Prices Edge Lower on US-Iran Deal Hopes, Strait Uncertainty
Oil prices dipped on Wednesday as investors assessed the US-Iran peace deal, but uncertainty over full resumption of shipping through the Strait of Hormuz limited further falls.
US-Iran Deal Unveils $300B Private Fund for Iran Investment
A $300 billion private investment fund for Iran is outlined in the US-Iran framework, with over half committed. The fund aims to incentivize a final deal to end the war.
Triple Murder Over Land Dispute in Mardan
Three people, including two women, were killed over a land dispute in Mardan's Kandar village. Police registered a case against five accused who fled the scene.
800 Pakistani Trucks Stranded in Afghanistan for 8 Months
Local transporters demand immediate return of 800+ Pakistani trucks stuck in Afghanistan for 8 months, despite assurances from authorities that repatriation would start on June 11, 2026.
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SDPI, University of Sindh Sign MoU for Policy Research
SDPI and University of Sindh signed an MoU to collaborate on policy research, capacity building, and evidence-based policymaking in climate adaptation, social protection, and economic empowerment.
KP Excise Intensifies Tax Recovery and Enforcement Operations
Khyber Pakhtunkhwa Excise Department ramps up enforcement for tax recovery, vehicle registration, and compliance, with operations in Peshawar, Abbottabad, and Kohat.
SACM Briefed on RTIs Performance in Population Welfare
Special Assistant to CM Tufail Anjum was briefed on the performance of three Regional Training Institutes in KP, with a fourth being established in Dera Ismail Khan.
KP Excise Seizes 63kg Hashish in Peshawar, Mardan
Khyber Pakhtunkhwa Excise Department seized over 63kg of hashish and 1,060 intoxicating tablets in Peshawar and Mardan operations, arresting multiple suspects in line with zero-tolerance policy.
Punjab Budget 2026: Tax Hikes on Agriculture, Vehicles
The Punjab government proposed tax increases on agricultural land, water cess, and vehicles in the Finance Bill 2026, aiming to boost revenue and transparency.
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158 UoS Students Get Chinese Ambassador Scholarships
University of Sargodha awards 158 students scholarships worth PKR 1.784 million under Chinese Ambassador Scholarship Programme to promote academic excellence and educational access.
Rawalpindi Ring Road to Open by June 30 Despite Work Pending
RDA confirms Rawalpindi Ring Road will open by June 30 deadline, with 10% work remaining. The 38.3 km road aims to ease traffic congestion in Rawalpindi.
PBM, NUTECH, NAVTTC Sign MoUs for Women Vocational Training
Pakistan Bait-ul-Mal, NUTECH, and NAVTTC signed MoUs to modernize 165 Women Empowerment Centers, aligning training with market demands and providing nationally recognized certifications.
SpaceX Overtakes Amazon as Fifth Most Valuable Company
SpaceX's market value surpasses Amazon's after a 50% share price surge, reaching $2.78 trillion. The rocket company's AI acquisition and ambitious space plans drive investor enthusiasm.
Budget 2026-27: Critical Analysis of Pakistan's Economy
An in-depth critique of Pakistan's 2026-27 federal budget, highlighting its failure to address deindustrialization, inflation, and export growth, while questioning the government's vision.
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Rupee Gains 1 Paisa Against Dollar in Interbank Trading
The Pakistani rupee appreciated by 1 paisa against the US dollar in interbank trading, closing at Rs278.30. Euro and British Pound fell, while yen, dirham, and riyal remained stable.
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