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Pakistan, Russia Deepen Ties with Focus on Energy and Connectivity
Pakistan, Russia reaffirm commitment to deepen ties across energy, trade & defense. New steel plant in Karachi, pilot cargo train & Putin-Shehbaz meeting in August highlight growing strategic cooperation.
News Desk
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Pakistan Moves to Redevelop Roosevelt Hotel via Joint Venture
Pakistan approves JV model for iconic Roosevelt Hotel NYC—rules out sale. Govt eyes $1bn+ valuation in 6–9 months under IMF-backed privatisation push.
News Desk
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PM Thanks Overseas Pakistanis as Remittances Hit Record $38.3 Billion
Remittances hit a record $38.3B in FY25, up 26.6%. PM Shehbaz Sharif hails overseas Pakistanis for their trust and support. June alone saw $3.4B inflow.
News Desk
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Auditor General Confirms Rs300 Billion Wheat Import Scandal Amid Record Domestic Production
Auditor General confirms Rs300bn wheat import scandal: imports made despite record harvest, harming farmers & aiding hoarders. Artificial shortage created to benefit private sector.
News Desk
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Pakistan-Afghanistan Talks Focus on Security, Trade, and Connectivity
Pakistan, Afghanistan hold first Additional Secretary-level talks in Islamabad. Pakistan urges action against terrorists on Afghan soil, discusses trade, visas & regional connectivity.
News Desk
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Sindh Govt Raises Minimum Wage to Rs 40,000, Ensures Equal Pay for Female Workers
Sindh govt notifies new minimum wage: Rs 40,000/month for unskilled workers, Rs 50,868 for highly skilled. Equal pay for women, effective July 1.
News Desk
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Pakistan’s Central Government Debt Climbs to Rs76 Trillion: SBP
Pakistan’s central govt debt hits Rs76.05tr by end-May — up 12.3% YoY. Domestic debt rose 15.9% to Rs53.46tr; external debt at Rs22.59tr. Long-term borrowing through PIBs surges.
News Desk
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Pakistan-India Trade Persists Despite Tensions, Hits 3-Year Import High
Despite tensions & a May clash, Pakistan’s imports from India surged to $211.5M in FY25 — a 3-year high. Exports stayed near zero. Smuggling & informal trade keep flows alive.
News Desk
