Pakistan’s interest payments on foreign loans have climbed sharply over the past three years, increasing by 84 percent to reach $3.59 billion. The surge highlights the growing financial strain linked to external borrowing and rising global lending costs. The jump in interest payments reflects the country’s increasing reliance on commercial loans, which typically carry higher […]
FBR to Auction Bahria Town’s 527 Kanal Murree Property on March 5
The Federal Board of Revenue (FBR) is set to auction 527 kanals of land owned by Bahria Town in Tehsil Murree on March 5, 2026, to recover approximately Rs. 26 billion in unpaid income taxes for the tax years 2020 and 2022, according to sources. The auction will take place at the Large Taxpayers Office […]
Pakistan and United States Sign MoU to Redevelop Roosevelt Hotel in New York
The governments of Pakistan and the United States have signed a Memorandum of Understanding (MoU) to advance cooperation on the future of the historic Roosevelt Hotel in New York. The agreement marks a significant step in bilateral economic collaboration. The strategic initiative focuses on the operation, maintenance, renovation, and potential redevelopment of the property. Officials […]
OGDC Boosts Oil Output at Kal-03 Well in Chakwal After Successful Workover
Oil and Gas Development Company Limited has announced a notable increase in oil production from its Kal-03 well located in Chakwal District. The improvement follows a successful workover operation aimed at enhancing the well’s performance and optimizing output. Before the intervention, the Kal-03 well was producing approximately 50 barrels of oil per day under natural […]
Govt to Unveil Ramazan Relief Package Today
The federal government is set to announce its Ramazan Relief Package today, aimed at providing financial relief to citizens ahead of the holy month. A special ceremony will be held at the Prime Minister’s House, where Prime Minister Shehbaz Sharif will formally unveil the package. Senior government officials are expected to attend the event. While […]
Traffic Plan Announced for New Underpass Construction in Islamabad
Islamabad Police have announced a comprehensive traffic management plan in response to ongoing construction work at the Margalla Enclave underpass on Park Road. The advisory has been issued to inform motorists about temporary route changes and to minimize inconvenience during the development phase of this key infrastructure project. According to officials, the construction activity may […]
Public Pays Full Fare Despite Punjab Government’s Basant Free Ride Promise
The Punjab government’s announcement of free ride-hailing services during the three days of Basant failed to materialize, leaving citizens frustrated as they were charged full fares despite official assurances of relief. Authorities had earlier stated that tens of thousands of complimentary rickshaw rides would be offered daily as part of a special public facilitation initiative […]
Gul Plaza Fire: Officials Say Only Bones Now Being Recovered as Structure Deteriorates
The tragic Gul Plaza fire in Karachi has entered its final and most critical phase, with officials confirming that no intact human bodies are being recovered from the debris anymore. As rescue and search operations continue, authorities have warned that the structure of the building is rapidly worsening, posing serious risks to rescue teams. Fire […]
CDF Munir Visits National Police Academy, Reaffirms Armed Forces’ Support for Police
Chief of Defence Forces and Chief of Army Staff, Field Marshal Syed Asim Munir, visited the National Police Academy in Islamabad on Tuesday, underscoring the importance of strong coordination between law enforcement agencies and the armed forces. Upon his arrival, the field marshal was warmly received by the commandant of the National Police Academy and […]
FIA Arrests 257 Suspects for Illegal Sea Travel to Iran
The Federal Investigation Agency (FIA) has apprehended 257 individuals attempting to travel illegally to Iran by sea during December 2025, authorities reported on Friday. The arrests were carried out by the FIA Composite Circle in Gwadar as part of an ongoing crackdown on human trafficking and unlawful border crossings. According to FIA officials, the detained […]