Pakistan

Washington Post confirms loss of two Indian fighter jets in Pakistan retaliation
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Washington Post confirms loss of two Indian fighter jets in Pakistan retaliation

Experts analyzed crash debris and verified wreckage of Rafale and Mirage 2000 jets using visual evidence

Pakistan launches retaliation after Indian missile strikes on airbases
India

Pakistan launches retaliation after Indian missile strikes on airbases

Military spokesperson says India’s actions threaten regional peace

NEPRA orders bill reductions with PKR 52.6 billion tariff adjustments
Business

NEPRA orders bill reductions with PKR 52.6 billion tariff adjustments

Refunds for DISCO and K-Electric consumers as authority moves to ease power costs

Pakistan gains upper hand in escalating tensions with India
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Pakistan gains upper hand in escalating tensions with India

India's economy reels, stock market dips, and IPL suspended as military claims prove embarrassing, Kamran Khan says

Fresh Pakistani drone attacks in Indian Kashmir: source
India

Fresh Pakistani drone attacks in Indian Kashmir: source

An Indian defense source confirmed the attacks, with drones sighted in Jammu, Samba, and Pathankot, being engaged by Indian forces

IMF approves $1 billion tranche for Pakistan under extended fund facility
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IMF approves $1 billion tranche for Pakistan under extended fund facility

$1.3 billion climate funding to be disbursed over 28 months

Pakistan likely to slash income tax rates for salaried class in 2025-26 budget
Business

Pakistan likely to slash income tax rates for salaried class in 2025-26 budget

Tax exemption limit may jump to PKR 1 million

Pakistan accuses India of targeting civilians, says it is exercising ‘great caution’
India

Pakistan accuses India of targeting civilians, says it is exercising ‘great caution’

DG ISPR said Pakistan has intercepted every Indian drone and none have returned, stressing vigilance in defending its airspace and sovereignty

Pakistan stock market soars as investors eye diplomatic breakthrough
Markets

Pakistan stock market soars as investors eye diplomatic breakthrough

Benchmarks rebound 3.52% amid IMF deal hopes and easing regional tensions

Pakistan says India has brought countries ‘closer to major conflict’
India

Pakistan says India has brought countries ‘closer to major conflict’

FO spokesperson condemned India’s actions as “aggressive and provocative,” saying that attacks on civilian areas killed innocent women and children

Drone swarm over Sindh raises alarm in Pakistan
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Drone swarm over Sindh raises alarm in Pakistan

Flights over strategic military and industrial sites were a message, Pakistani analysts say

Higher poultry and sugar prices push weekly inflation slightly up
Business

Higher poultry and sugar prices push weekly inflation slightly up

Pakistan’s fuel prices edge lower in line with international oil prices

Pakistan’s competition commission approves merger of eight retail firms
Business

Pakistan’s competition commission approves merger of eight retail firms

Restructuring unites AR Corp, Khadija Enterprises & others into Stylo

Cinematic heritage in Peshawar crumbles as theatres face extinction
Pakistan Lifestyle

Cinematic heritage in Peshawar crumbles as theatres face extinction

The pre-partition era Naz Cinema has also shut its doors — another casualty of dwindling footfall and digital domination

Pakistan sees surge in April remittances amid improved global conditions
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Pakistan sees surge in April remittances amid improved global conditions

For five straight months, workers' remittances have exceeded $3 billion per month

Global militaries to study India-Pakistan fighter jet battle
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Global militaries to study India-Pakistan fighter jet battle

Experts believe that the use of advanced weapons in this conflict will be analyzed globally, including in China and the United States

Pakistan-India escalation pushes Pakistan’s credit default swap up
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Pakistan-India escalation pushes Pakistan’s credit default swap up

The CDS jumped more than 150 basis points since April 22, reaching a peak of 926 basis points on May 5

Pakistan minister warns of development crisis as PSDP budget slashed
Business

Pakistan minister warns of development crisis as PSDP budget slashed

Says provincial development projects will be minimized as 60% of federal revenues are already transferred to provinces

IMF Executive Board to discuss Pakistan loans today
Business

IMF Executive Board to discuss Pakistan loans today

The government has achieved key conditions of IMF to qualify for the loans