News Archive - Page 97

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World Bank Urges Pakistan to Fix Fiscal Federalism

World Bank Urges Pakistan to Fix Fiscal Federalism

The World Bank has urged Pakistan to reform fiscal resource-sharing between federal, provincial and local governments. Its new report links fiscal pressure and weak service delivery to imbalances created after the 18th Amendment and 7th NFC Award.

Business
India Opposition Targets Defence Minister Over Pakistan Conflict Claims

India Opposition Targets Defence Minister Over Pakistan Conflict Claims

India’s Congress party has demanded Defence Minister Rajnath Singh’s resignation after six military deaths from the 2025 conflict with Pakistan were officially listed. The controversy has revived scrutiny of New Delhi’s handling of casualty disclosures and its public messaging during the crisis.

World
Pakistan Enters Global Top 100 in Times Sustainability Ranking

Pakistan Enters Global Top 100 in Times Sustainability Ranking

Fifty-two Pakistani universities have been included in the Times Higher Education Sustainability Impact Ratings 2026, with the University of Lahore ranked 71st globally. Pakistan is now among nine countries with more than 50 universities represented in the list.

General
NCHR Demands Swift Probe After Lahore Tuition Centre Tragedy

NCHR Demands Swift Probe After Lahore Tuition Centre Tragedy

The NCHR has demanded a transparent investigation into the Lahore tuition centre roof collapse that killed 14 children. Police have registered a case and detained five people as public pressure grows for accountability and stronger safety checks.

General
IHC Reserves Verdict on Imran Khan Jail Confinement Plea

IHC Reserves Verdict on Imran Khan Jail Confinement Plea

The Islamabad High Court has reserved its verdict on whether petitions challenging the alleged solitary confinement of Imran Khan and Bushra Bibi in Adiala Jail are maintainable. The case could shape the next legal phase over jail conditions, access rights and prisoner treatment in politically sensitive convictions.

Politics
Punjab Reviews Controversial Anti-Social Behaviour Bill

Punjab Reviews Controversial Anti-Social Behaviour Bill

The Punjab government will return the controversial anti-social behaviour bill for redrafting after criticism over possible misuse and rights concerns. Speaker Malik Muhammad Ahmad Khan said the draft would be reviewed by the law department and cabinet before being presented again.

Politics
FBR Hits FY26 Tax Target With Rs13.6tr Collection

FBR Hits FY26 Tax Target With Rs13.6tr Collection

The FBR has achieved its FY2026 tax target by collecting Rs13,601 billion in gross revenue and Rs13,003 billion after refunds. Officials say strong June collections helped the tax authority finish above its Rs12,983 billion target as the new fiscal year begins.

Business
Pakistan Sees Inflation Relief After Strait of Hormuz Reopens

Pakistan Sees Inflation Relief After Strait of Hormuz Reopens

The Finance Ministry expects inflationary pressure to ease in FY2027 after the reopening of the Strait of Hormuz and lower global oil prices. Officials say improved remittances, IT exports, fiscal discipline and external stability could support Pakistan’s economic recovery, though risks remain tied to energy markets and regional tensions.

Business
Lahore Tuition Centre Roof Collapse Kills 14 Children

Lahore Tuition Centre Roof Collapse Kills 14 Children

At least 14 children have died after the roof of a tuition centre collapsed in Lahore’s Kahna area. Police have taken two people into custody, while Punjab authorities have ordered an investigation into possible negligence and unsafe construction.

General
ECP Reserves Verdict on Murad Saeed Senate By-Poll Dispute

ECP Reserves Verdict on Murad Saeed Senate By-Poll Dispute

The Election Commission of Pakistan has reserved its verdict on the suspended Senate by-election schedule for the KP seat linked to Murad Saeed. The case revolves around whether the seat was legally vacant after his disqualification despite his failure to take oath as senator.

Politics
SBP Bars Banks From Freezing Accounts Without Legal Authority

SBP Bars Banks From Freezing Accounts Without Legal Authority

The State Bank of Pakistan has directed banks not to freeze or restrict customer accounts without verified legal authority. The move follows an Islamabad High Court ruling in which a private bank was fined for unlawfully blocking a citizen’s account.

Business
Pakistan Joins Global Olive Council as Permanent Member

Pakistan Joins Global Olive Council as Permanent Member

Pakistan has taken a permanent seat at the International Olive Council for the first time, joining 27 other olive-producing nations at the body’s meeting in Lisbon. Officials say the move can support quality standards, technical cooperation and growth of Pakistan’s emerging olive industry.

Business