News Archive - Page 169

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Diamer ambush near Chilas kills 3 police after anti-poppy raid

Diamer ambush near Chilas kills 3 police after anti-poppy raid

Three police personnel were killed and five others, including a DSP, were injured after gunmen ambushed a police vehicle near Chilas in Diamer while it was returning from an anti-poppy operation. Authorities have launched a search and investigation, while local residents have protested and demanded immediate action.

General
PSX rebounds 4,000 points as investors return after sell-off

PSX rebounds 4,000 points as investors return after sell-off

The Pakistan Stock Exchange rebounded strongly on Tuesday, with the KSE-100 Index gaining more than 4,000 points in intraday trade after Monday’s steep sell-off. The recovery was supported by renewed hopes for continued diplomacy in the region and Fitch’s reaffirmation of Pakistan’s B- sovereign rating.

Business
PTI presses for urgent treatment of Imran, Ejaz Chaudhry

PTI presses for urgent treatment of Imran, Ejaz Chaudhry

PTI has raised fresh alarm over the health of jailed leaders Imran Khan and Ejaz Chaudhry, seeking independent medical access, specialist treatment and greater transparency over prison health checks. The issue is likely to intensify legal and political pressure on authorities over detainee rights and prison healthcare.

Politics
Pakistan weighs fresh funding routes, strategic fuel reserve

Pakistan weighs fresh funding routes, strategic fuel reserve

Finance Minister Muhammad Aurangzeb says Pakistan is exploring multiple funding options, including Eurobonds, sukuk and commercial borrowing, as it prepares to return a $3.5 billion UAE facility this month. He also says the Middle East shock has strengthened the case for a strategic petroleum reserve and faster movement toward renewable energy.

Business
IHC told Islamabad schools denied scholarships worth Rs5bn

IHC told Islamabad schools denied scholarships worth Rs5bn

A hearing in the Islamabad High Court has highlighted claims that private schools in the capital may be denying mandatory scholarships worth Rs5-6 billion a year by failing to reserve 10 per cent of seats for eligible students. Regulators say tens of thousands of children should be studying free, but enforcement remains incomplete after the petition was withdrawn.

General
Karachi gas crisis worsens as surprise cuts disrupt meal times

Karachi gas crisis worsens as surprise cuts disrupt meal times

Karachi residents say unannounced gas cuts are hitting homes even during scheduled meal-time supply windows, forcing families to queue at eateries and LPG shops. SSGC denies widespread disruption, but the outages have triggered public anger and fresh political criticism over basic utility failures in Pakistan’s largest city.

General
Pakistan says US-Iran ceasefire holds after Islamabad talks

Pakistan says US-Iran ceasefire holds after Islamabad talks

Prime Minister Shehbaz Sharif says the US-Iran ceasefire remains in effect despite stalled Islamabad talks, and Pakistan is still working to resolve outstanding issues. The government is presenting the 21-hour direct engagement as a major diplomatic opening with implications for regional stability and Pakistan’s own economic security.

Politics
Pakistan Customs arrests two over alleged silver-for-lead swap

Pakistan Customs arrests two over alleged silver-for-lead swap

Pakistan Customs has arrested two preventive officers after 400 kilograms of seized silver bullion meant for Pakistan Mint Lahore was allegedly replaced with lead during transport from Quetta. Authorities say an FIR has been lodged and surveillance footage indicates the shipment vehicle was deliberately swapped.

General
Naqvi seeks PM approval to bring fans back for PSL 11

Naqvi seeks PM approval to bring fans back for PSL 11

PCB Chairman Mohsin Naqvi says he will again consult Prime Minister Shehbaz Sharif on allowing spectators back into PSL 11 stadiums. The issue has become a major talking point because the league is currently being played without crowds under austerity measures linked to the wider regional crisis.

Sports
Fitch keeps Pakistan at B- with stable outlook despite energy risks

Fitch keeps Pakistan at B- with stable outlook despite energy risks

Fitch Ratings has affirmed Pakistan’s long-term foreign-currency rating at B- with a stable outlook, citing progress on fiscal reforms and macroeconomic stability. The agency, however, warned that Pakistan remains highly vulnerable to energy-price shocks and rising external financing pressures.

Business
Pakistan bans six beauty creams over mercury and safety risks

Pakistan bans six beauty creams over mercury and safety risks

Pakistan has suspended the licenses of six beauty cream brands after testing found safety violations involving substances such as mercury, arsenic and microbiological contamination. The move has triggered nationwide concern over cosmetic safety and placed fresh pressure on regulators to keep unsafe products off the market.

Health
Punjab launches free body transport service from hospitals to homes

Punjab launches free body transport service from hospitals to homes

Punjab has launched Pakistan’s first government-run free body transport service, starting in Lahore, Multan and Rawalpindi, to move deceased patients from public hospitals to their homes without charge. The initiative has drawn strong public attention because it addresses a long-ignored burden on grieving families and may become a model for wider public-service reform.

General