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Senate Opposition Leader Raja Nasir Abbas has filed a privilege motion against the Barakahu SHO, alleging rude conduct and obstruction at a police checkpoint. The incident is linked to opposition efforts to travel toward AJK and may now be examined through Senate privilege procedures.
The federal government has created a Petroleum Prices Stabilisation Fund to help manage sharp fluctuations in fuel prices. The Finance Division, Petroleum Division and OGRA will prepare the operating framework, while federal and provincial institutions have been informed for implementation.
The government has issued the Gazette notification for the Finance Act 2026–27, making the new federal budget legally enforceable from July 1. The law covers tax measures, customs duties, sales tax provisions and revenue decisions that will shape fiscal implementation in the new financial year.
The Pakistan Stock Exchange rallied strongly on Tuesday as the KSE-100 index gained more than 1,000 points in intraday trade. Broad-based buying in banking, cement, automobile, energy and refinery stocks helped lift market sentiment and restore momentum.
Pakistan’s Indus Waters commissioner has described the Indus Waters Treaty as a national security issue, warning that water uncertainty could threaten livelihoods, agriculture and regional stability. The remarks come amid continuing tensions with India over treaty obligations, river data and hydropower projects.
Information Minister Attaullah Tarar has objected to the use of softer terminology for the attackers involved in the Karachi Rangers facility assault. He said the incident was terrorism and urged that those behind such violence should be identified clearly as terrorists.
The FIA has booked senior executives and officials linked to an oil marketing company over alleged multi-billion rupee customs fraud involving bonded petroleum products. GO Petroleum denies defaulting on statutory dues and says it is cooperating with authorities through the legal process.
The Punjab Assembly has approved 38 supplementary budget grants worth over Rs554 billion for FY2025-26 after a tense session marked by opposition protests and a walkout. The government defended its development record, while opposition lawmakers criticised alleged unequal distribution of funds and neglect of south Punjab.
Opposition lawmakers in the Punjab Assembly have warned that the proposed anti-social behaviour bill could threaten free expression and expand executive powers. The speaker has assured members that concerns will be addressed before the legislation is taken up for final consideration.
Pakistan has warned the UN Security Council that Israeli settlement expansion is undermining the prospects of a two-state solution. Ambassador Asim Iftikhar Ahmad said the latest developments form part of a wider pattern affecting Gaza, the West Bank and the future of Palestinian statehood.
The AJK Legislative Assembly has passed a Rs286 billion budget for FY27, with Rs250 billion for recurring expenditure and Rs36 billion for development. Major allocations cover education, health, infrastructure, pensions and wheat flour subsidies, while the government says revenue reforms and federal support will be central to implementation.
Prime Minister Shehbaz Sharif is expected to visit Iran and Turkiye from July 3 to July 6 as Pakistan pushes to protect a fragile Middle East peace track. The diplomatic effort follows renewed US-Iran exchanges and aims to reinforce the Islamabad MoU.
