KARACHI: State Bank of Pakistan (SBP) reported an increase in the country’s foreign exchange reserves during the week ending on September 5. According to the central bank, Pakistan’s total foreign reserves rose by $214 million, reaching $19.68 billion. The SBP’s own reserves climbed by $338 million to $14.33 billion, showing positive momentum. However, commercial banks’ … Read more
Karachi: The Hub Dam has reached its full capacity, with the water level now standing at 339 feet and a usable storage of 646,000 acre-feet. According to officials, this amount of water will be enough to meet the needs of Karachi, Hub, and Lasbela for the next three years. Any extra inflow will be safely … Read more
Karachi: K-Electric has dismissed social media claims about a damaged high-voltage transmission tower in the Malir stream, confirming that the structure is completely safe and stable. A KE spokesperson said the company conducted a safety inspection after the tower was identified in viral videos. The inspection confirmed that the tower remains structurally sound and poses … Read more
Karachi: Sindh Chief Minister Murad Ali Shah has taken notice of the severe traffic jams on routes leading to Korangi and directed city officials to take urgent action to ease the chaos. According to sources, the chief minister expressed anger over the worsening gridlock at Qayyumabad, Korangi, Jam Sadiq Bridge, and nearby areas. He said … Read more
KARACHI: K-Electric’s (KE) network across the generation, distribution, and transmission segments stood tall against moderate to heavy showers that lashed Karachi over the course of this week, underscoring the stability of the network and preparedness of the utility. Despite waterlogging and urban flooding in several areas, KE’s 2,100-plus feeder network showed its resilience, with fewer … Read more
SNGPL has lifted the 8-year ban on domestic gas connections, allowing households to apply for new connections once again. According to officials, the new connections will be provided through imported RLNG, which is about 35% cheaper than LPG. The security deposit for each new connection has been set at Rs. 20,000. The connection fee will … Read more
Karachi: Mayor Murtaza Wahab has announced that the KMC will commence repairs to rain-damaged roads across the city starting from Sunday. Speaking to the media, Wahab said that repair work will begin on 106 KMC roads that were damaged during recent rains. He noted that some people had criticized the condition of Shahrah-e-Bhutto and the … Read more
ISLAMABAD: A delegation from the IMF will arrive in Pakistan on September 25 to conduct the second economic review under the Extended Fund Facility (EFF). The visit, which will continue until October 8, is seen as a crucial step toward unlocking the next $1 billion tranche of the $7 billion loan program. According to official … Read more
KARACHI: Heavy rains forced the closure of all educational institutions in Karachi on Wednesday. The All Sindh Private Schools and Colleges Association announced that all private schools and colleges would remain shut to protect students and staff. Parents and students faced major problems as water flooded several roads across the city. School van owners also … Read more
Washington: The White House confirmed that Israel informed the United States before carrying out the Doha attack that targeted Hamas leaders. White House spokesperson Caroline Leavitt told reporters during a press briefing that Israel had alerted Washington about the strike on Hamas leadership in Doha. She said President Donald Trump and Secretary of State Mike … Read more
Colombo: Afghanistan started their Asia Cup 2025 campaign with a commanding 94-run victory over Hong Kong in the opening Group B match. Afghanistan captain Rashid Khan won the toss and chose to bat first. Thanks to brilliant half-centuries by Sediqullah and Azmatullah, Afghanistan set a strong total of 189 runs. Sediqullah smashed 73 off 52 … Read more
ISLAMABAD: Prime Minister Shehbaz Sharif met Turkish Defence Minister Yasar Guler and reaffirmed Pakistan’s commitment to deepening ties with Türkiye. Shehbaz Sharif warmly welcomed the Turkish minister and his delegation, praising the historic and brotherly bond between Pakistan and Türkiye. He expressed satisfaction with the positive direction of bilateral relations and stressed the need to … Read more
KARACHI: Heavy rains once again submerged large parts of Karachi, disrupting daily life with urban flooding and widespread power breakdowns. Thado Dam in Gadap overflowed on Wednesday, sending water into nearby residential areas. The Malir River also swelled, forcing authorities to close the Korangi Causeway for all traffic. The downpour, which began Tuesday evening and … Read more
KARACHI: Karachi’s electricity consumers have received another relief as the National Electric Power Regulatory Authority (NEPRA) announced a cut in power prices. According to the notification, NEPRA reduced electricity by Rs1.79 per unit under the monthly fuel cost adjustment for July 2025. The relief will apply to K-Electric as well as government-owned distribution companies, and … Read more
ISLAMABAD: Prime Minister Shehbaz Sharif strongly condemned the Israeli attack on Qatar, calling it a “heinous plot” to destroy peace in the Middle East. He said the Israeli forces endangered innocent lives by striking a residential area. The Prime Minister expressed deep sympathy and solidarity with the Emir of Qatar, Sheikh Tamim bin Hamad Al … Read more
Doha: Questions have emerged about possible US involvement in the Israeli strike that targeted Hamas leaders in Doha, but American officials have refused to answer. The attack took place while Hamas leaders were meeting to discuss a Gaza ceasefire plan proposed by former US President Donald Trump. Observers described the strike as a dangerous precedent, … Read more
Sukkur: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari said the country is facing a severe flood emergency, which has badly affected Gilgit-Baltistan, Khyber Pakhtunkhwa, Punjab, and Sindh. He stated that floods have caused heavy loss of life and property, leaving many people homeless in Punjab and bringing destruction to cities like Multan. Bilawal added … Read more
Doha: Israel carried out an airstrike in the Qatari capital, Doha, targeting senior Hamas leaders while they were discussing a proposed Gaza ceasefire deal. The attack claimed the life of senior Hamas figure Khalil al-Hayya. According to international media reports, Israeli fighter jets launched the strike to eliminate top Hamas officials. At the time of … Read more
