News Archive - Page 155

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ECC Clears Gwadar Donkey Meat and Hides Export Plan

ECC Clears Gwadar Donkey Meat and Hides Export Plan

The ECC has approved the disposal and export of existing inventory of donkey meat and hides from the Gwadar Donkey Slaughter House. The move is aimed at formalising a regulated export channel while keeping the process subject to official rules and protocols.

Business
SBP Raises Policy Rate to 11.5% as Inflation Risks Grow

SBP Raises Policy Rate to 11.5% as Inflation Risks Grow

The State Bank of Pakistan has raised the policy rate by 100 basis points to 11.5%, effective April 28. The decision comes ahead of an IMF board meeting and reflects renewed concern over inflation, external risks and energy-market volatility.

Business
Soneri Bank Profit Rises 17% in Q1 2026

Soneri Bank Profit Rises 17% in Q1 2026

Soneri Bank’s profit after tax rose nearly 17% to Rs1.34 billion in Q1 2026, supported by stronger non-funded income and a lower tax charge. The bank faced pressure from weaker net mark-up income, higher operating expenses and increased credit provisioning.

Business
5.7-Magnitude Earthquake Jolts Islamabad and KP

5.7-Magnitude Earthquake Jolts Islamabad and KP

A 5.7-magnitude earthquake struck the Afghanistan-Tajikistan border region and was felt in Islamabad and parts of Khyber Pakhtunkhwa. The PMD recorded the quake at 11:46am with a depth of 170 kilometres, while USGS reported a magnitude of 5.1.

General
Punjab Plans 50-Acre Film City to Revive Lahore Cinema

Punjab Plans 50-Acre Film City to Revive Lahore Cinema

Punjab Chief Minister Maryam Nawaz has announced a 50-acre film city in Lahore to revive the province’s cinema industry. The project will include studios, VFX facilities, a film school and financial support for selected filmmakers.

Entertainment
Businesses Push Budget Reforms as Govt Prepares FY27 Plan

Businesses Push Budget Reforms as Govt Prepares FY27 Plan

Pakistan's major business forums have submitted budget proposals focused on tax reform, export growth, energy pricing and investment revival. The recommendations come as the government prepares the next federal budget amid pressure to support growth while meeting fiscal targets.

Business
Cargo Truck Fire Shuts Indus Highway in DI Khan

Cargo Truck Fire Shuts Indus Highway in DI Khan

A cloth-loaded cargo trailer caught fire on the Indus Highway in Dera Ismail Khan, forcing a complete road closure and causing long vehicle queues. Rescue teams reached the site, while officials said no casualties had been reported so far.

General
Afghan Border Firing Injures Three Civilians in South Waziristan

Afghan Border Firing Injures Three Civilians in South Waziristan

Three civilians, including two women, were injured after Afghan forces allegedly fired at a civilian area in South Waziristan. Pakistani security forces responded by destroying the firing positions involved, while officials linked the incident to failed militant infiltration attempts.

General
Karachi Court Releases Women Held After BYC Protest

Karachi Court Releases Women Held After BYC Protest

A Karachi court has ordered the release of five women, including BYC activist Fozia Baloch, who were arrested after protesting over an alleged enforced disappearance. The case has renewed debate over protest rights, Section 144 restrictions and missing-person complaints.

General
Kashmir Funeral Across LoC Sparks Viral Grief Online

Kashmir Funeral Across LoC Sparks Viral Grief Online

A funeral across the Line of Control has gone viral after relatives in AJK were forced to watch a loved one’s burial from across the Neelum River. The incident has reignited debate over the humanitarian cost of divided Kashmiri families.

General
Govt Clears Prices for 35 Essential Medicines After Long Delay

Govt Clears Prices for 35 Essential Medicines After Long Delay

The federal government has fixed prices for 35 new essential and life-saving medicines after a long delay, with another 45 molecules expected to be cleared soon. The move is aimed at easing shortages of critical therapies and reducing reliance on costly, unregulated medicines.

Health