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Severe monsoon rains have caused floods, landslides and roof collapses across Pakistan, leaving at least 12 people dead and 15 injured. Authorities have issued alerts for vulnerable communities as heavy rainfall is expected to continue in several regions through July 24.
Three excise officials were abducted after armed men attacked a checkpost on the Dalbandin–Taftan Highway in Balochistan’s Chagai district. Police and security personnel have launched a search operation as the province continues to face rising militant violence and kidnapping threats.
Pakistani artist Misha Japanwala has contributed sculptural bronze costume pieces for Lupita Nyong'o’s role as Helen of Troy in Christopher Nolan’s The Odyssey. The collaboration highlights Pakistan’s growing creative footprint in global cinema and fashion.
The Pakistan Stock Exchange gained more than 2,000 points during intraday trading as global oil prices eased and investors reacted to renewed mediation hopes between the US and Iran. Analysts also linked the rally to optimism around corporate earnings in major sectors.
A US technology company has proposed a refinery modernisation plan for Pakistan during Finance Minister Muhammad Aurangzeb’s Washington visit. The discussions focused on refinery upgrades, financing options and reducing Pakistan’s reliance on imported petroleum products.
Pakistan’s medicine pricing debate has intensified after PYPA claimed that five multinational pharma firms left the country following deregulation of drug prices. Drap rejected the policy-link allegation, saying some companies changed regional strategies or entered joint ventures.
PTI has proposed a national grand dialogue involving political parties, institutions and civil society while preparing a protest campaign linked to Imran Khan’s imprisonment. The party says any talks must remain within constitutional limits and cannot come at the cost of its stated principles.
Pakistan’s business community has warned that daily fuel price revisions may increase uncertainty for exporters and manufacturers already facing high energy and tax costs. Industry groups want the government to review the policy, while oil sector stakeholders say the mechanism can improve transparency.
Noreen Niazi has submitted an initial reply to the NCCIA after being issued a notice over controversial interview remarks involving Operation Marka-e-Haq, state institutions and foreign policy claims. Her legal team has sought more time for a detailed response as the inquiry continues.
The Chenab River may rise sharply as heavy rain continues over Indian-occupied Kashmir and Punjab, with flood forecasters warning of possible high flows by July 24. Authorities are also monitoring risks of flash flooding and urban flooding across Punjab, KP and northern Balochistan.
Iranian Interior Minister Eskandar Momeni has arrived in Islamabad for high-level talks as Pakistan continues diplomatic efforts amid renewed US-Iran hostilities. The visit comes after the Pakistan-mediated Islamabad MoU came under pressure from fresh attacks and rising Gulf tensions.
The Supreme Court has dismissed FBR appeals seeking to tax dividend income at the standard 35% corporate rate, holding that Section 5’s 10% final tax applies. The ruling could influence corporate tax planning, investor confidence and future revenue policy.
