Pakistan’s Debt Servicing to Swallow Nearly Half of FY2025-26 Budget

Pakistan’s federal budget for the upcoming fiscal year reveals a staggering Rs8.206 trillion allocated for debt servicing—46.7% of the total Rs17.573 trillion budget. This marks an 8.26% reduction from the revised Rs8.945 trillion spent in FY2024, but the colossal sum still dominates government expenditures, leaving minimal room for essential public services. Domestic debt repayments alone account for Rs7.197 trillion, while foreign loan obligations stand […]

Earth Records Second-Hottest May as Climate Crisis Intensifies

May 2024 was the planet’s second-warmest May on record, narrowly trailing May 2020, according to the EU’s Copernicus Climate Change Service (C3S). The month capped off the Northern Hemisphere’s second-hottest spring (March-May) ever documented, with global temperatures 1.4°C higher than pre-industrial averages. This follows a relentless streak of extreme heat—21 of the last 22 months have breached the 1.5°C Paris Agreement threshold, […]

4.7-Magnitude Earthquake Shakes Peshawar, Epicenter in Hindu Kush

A mild earthquake measuring 4.7 on the Richter Scale rattled Peshawar and surrounding areas on Wednesday, causing brief panic among residents. The Seismological Centre confirmed that the tremors originated in Afghanistan’s Hindu Kush region at a depth of 211 kilometers. While no damage or casualties were reported, the quake served as a reminder of the […]

US Hopes for Kashmir Resolution Under Trump’s Leadership

The US State Department has indicated that President Donald Trump may help resolve the Kashmir dispute during his term, following Pakistan’s diplomatic push in Washington. During a meeting with a Pakistani parliamentary delegation led by PPP Chairman Bilawal Bhutto Zardari, US officials reiterated support for the ceasefire between Pakistan and India. The delegation also raised […]

PSX Surges Over 2,100 Points as Budget Fuels Investor Optimism

The Pakistan Stock Exchange (PSX) experienced a significant upturn on Wednesday, driven by positive investor sentiment following the federal budget announcement. The benchmark KSE-100 Index jumped 1.73% (2,111.52 points), reaching an intraday high of 124,135.96, as market participants welcomed favorable tax policies and fiscal discipline aligned with IMF recommendations. Analysts attributed the rally to the government’s decision […]

Pakistan Unveils Rs17.57 Trillion Federal Budget 2025–26 with Focus on Growth, Digital Reforms, and Salaried Class Relief

Minister for Finance and Revenue Senator Muhammad Aurangzeb on Tuesday unveiled the Rs17.573 trillion growth-oriented federal budget for the fiscal year 2025-26. Presenting the federal budget 2025-26 in the National Assembly, the finance minister highlighted that the budget for the upcoming fiscal year was the beginning of the strategy, especially chalked out to promote a […]

YouTuber Rajab Butt and Others Booked for Alleged Rape and Blackmail

A case has been registered against popular YouTuber Rajab Butt, Man Dogar, and three others for allegedly drugging, raping a woman, and blackmailing her with inappropriate videos. The FIR was filed at Nawab Town Police Station following a complaint by social media activist Ayesha Sharafat. According to the victim’s statement, she became friends with a […]

Finance Minister Presents FY25-26 Budget, Hails National Unity Amid Economic Challenges

ISLAMABAD: Finance Minister Muhammad Aurangzeb presented the federal budget for fiscal year 2025-26 in the National Assembly today, calling it a “historic moment” for Pakistan amid economic recovery and recent geopolitical tensions. Speaking during the budget session chaired by NA Speaker Ayaz Sadiq, Aurangzeb expressed gratitude to Prime Minister Shehbaz Sharif, PPP Chairman Bilawal Bhutto-Zardari, […]

PM Shehbaz Questions Elite’s Tax Contributions Ahead of FY26 Budget Announcement

Prime Minister Shehbaz Sharif raised concerns over the lack of tax contributions from Pakistan’s wealthy elite, just before the federal cabinet approved the budget for Fiscal Year 2025-26. Speaking at a cabinet meeting in Islamabad, he acknowledged the sacrifices made by the salaried class, which contributed Rs400 billion to the national treasury, and challenged the […]

Bilawal Bhutto Zardari Calls for Global Action Against Indian Aggression in UK Parliament

A high-level Pakistani parliamentary delegation, led by Pakistan People’s Party Chairman and former Foreign Minister Bilawal Bhutto Zardari, met with the All-Party Parliamentary Group (APPG) on Pakistan at Westminster Palace. The session, chaired by APPG Chair Yasmin Qureshi MP, was attended by cross-party British parliamentarians. The visit is part of Pakistan’s diplomatic efforts to address […]