News Archive - Page 77

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Petrol Pump Owners Defer Nationwide Strike After Govt Talks

Petrol Pump Owners Defer Nationwide Strike After Govt Talks

Petrol pump owners have deferred their nationwide strike for two weeks after fresh talks with Petroleum Minister Ali Pervaiz Malik. The government has promised to review dealer margins and the daily fuel pricing mechanism amid rising international oil market pressure.

Business
PPSC Opens Around 400 Punjab Govt Jobs Across Key Departments

PPSC Opens Around 400 Punjab Govt Jobs Across Key Departments

The Punjab Public Service Commission has announced nearly 400 government vacancies across several departments, with applications open until August 5, 2026. The recruitment drive includes technical, administrative, healthcare, emergency service and professional posts from BS-11 to BS-18.

General
Punjab Flood Alert: Lahore Gets 123mm Rain, Gujranwala Hits Record 245mm

Punjab Flood Alert: Lahore Gets 123mm Rain, Gujranwala Hits Record 245mm

Heavy monsoon rain has battered several Punjab cities, with Lahore receiving 123mm and Gujranwala recording 245mm in 24 hours. Authorities say drainage operations are continuing across affected districts while citizens have been urged to avoid canals, rivers and rainwater drains.

General
S&P Upgrades Pakistan Rating to B as Economic Stability Improves

S&P Upgrades Pakistan Rating to B as Economic Stability Improves

S&P Global Ratings has upgraded Pakistan’s long-term sovereign credit rating to “B” from “B-” with a stable outlook. The agency cited stronger external buffers, IMF-backed reforms and improving institutional stability as key reasons behind the decision.

Business
Monsoon Rains Kill 23 Across Punjab and KP as Flood Risks Grow

Monsoon Rains Kill 23 Across Punjab and KP as Flood Risks Grow

At least 23 people have been killed as monsoon rains hit Punjab and Khyber Pakhtunkhwa, causing roof collapses, electrocution incidents, flash floods and damage to homes. Disaster authorities say rescue and relief operations are continuing while more rain is expected in affected regions.

General
Pakistan Warns Houthis Against Threats to Saudi and Red Sea Shipping

Pakistan Warns Houthis Against Threats to Saudi and Red Sea Shipping

Pakistan has condemned Houthi threats against Saudi Arabia and Red Sea shipping, warning that any hostile move against Pakistani maritime interests would be treated as a grave national security concern. Islamabad reaffirmed support for Saudi Arabia while urging respect for international law and safe navigation.

World
Balochistan Operations: 10 Terrorists Killed, 3 Suspects Held

Balochistan Operations: 10 Terrorists Killed, 3 Suspects Held

The ISPR says security forces killed 10 suspected militants and arrested two alleged female suicide bombers with a facilitator during operations in Surab and Mastung. The military says sanitisation operations are continuing as part of Pakistan’s wider counter-terrorism campaign.

General
Nadra Officials Arrested in FIA Fake Afghan Documents Probe

Nadra Officials Arrested in FIA Fake Afghan Documents Probe

The FIA says four suspects, including Nadra officials, have been arrested in Karachi for allegedly producing fake identity documents for Afghan nationals. Investigators say records have been seized and the probe may lead to further arrests.

General
Pakistan Extends Austerity Drive for FY2026–27 Amid Fuel Pressure

Pakistan Extends Austerity Drive for FY2026–27 Amid Fuel Pressure

Pakistan has extended its federal austerity measures for FY2026–27 as the government moves to control public expenditure amid high fuel costs. The Ministry of Finance has directed ministries, autonomous bodies, regulators and state-owned enterprises to implement the policy strictly.

Business
Pakistan, US Pledge Deeper Economic Cooperation in Washington Talks

Pakistan, US Pledge Deeper Economic Cooperation in Washington Talks

Finance Minister Muhammad Aurangzeb met U.S. Treasury Secretary Scott Bessent in Washington as Pakistan pushed for deeper economic cooperation, stronger reserves and improved market access. The talks come as Islamabad seeks wider support for stabilisation, investment and export-led growth.

Business