The federal government has earmarked Rs8,205 billion for provincial distribution under the NFC Award for the new financial year. According to budget documents, Punjab and Sindh will get the largest shares from this fiscal package. Punjab remains the top recipient under the NFC Award, with Rs4,760 billion assigned from the divisible pool. Its population size continues to secure it the biggest cut. Sindh follows with Rs2,430 billion allocated under the same mechanism. Khyber Pakhtunkhwa (KP) is set to receive Rs1,342 billion. This figure includes an extra one percent share in recognition of the province’s role in the war against terrorism.…
Author: Web Desk
The Pakistan Stock Exchange (PSX) climbed to an all-time high on Tuesday. Investors showed strong confidence ahead of the federal budget presentation. The benchmark KSE-100 index gained more than 900 points during intraday trading. Following the Eid holidays, the stock market opened on a firm note. Momentum remained strong throughout the trading session. By 11:30 am, the KSE-100 was recorded at 122,161.81 points, rising by 520.81 points or 0.43%. It later reached 122,558 points, marking the highest level in PSX history. This surge was led by active buying in major sectors. Commercial banks, oil and gas exploration, refining, and fertiliser…
Sana Mir has carved her name in cricket history. She is now the first Pakistani woman to be inducted into the ICC Hall of Fame. This landmark recognition by the International Cricket Council marks a turning point for women’s cricket in Pakistan. The announcement came during a glittering ceremony at Abbey Road Studios in London, a place made famous by The Beatles. The iconic location sits close to Lord’s Cricket Ground, where the ICC World Test Championship final will soon begin. Mir, 38, has become part of an elite cricket group that includes MS Dhoni of India, Graeme Smith and…
Pakistan’s economy is showing clear signs of improvement after facing major challenges just a year ago. According to the Pakistan Economic Survey 2024–25, presented by the Finance Minister, the country has moved from crisis toward stability and growth, with relief reaching businesses, common people, and overseas Pakistanis alike. The economy’s size has grown to $411 billion. This expansion has led to an almost 10% increase in income per person, which now stands at $1,824. Perhaps the most welcome news for ordinary Pakistanis is the dramatic fall in inflation. It has dropped from over 23% to just 3.5% — the lowest…
Most districts of Khyber Pakhtunkhwa, including the provincial capital Peshawar, are currently in the grip of intense heat. Weather authorities have predicted extremely hot and dry conditions, especially in the plains. According to the Meteorological Department, Peshawar recorded a temperature of 43°C on Sunday. In Bannu and Dera Ismail Khan, temperatures climbed even higher, reaching 44°C. Other regions reported the following temperatures: Takht Bhai at 41°C, while Timergara, Upper Dir, and Chitral stood at 35°C. Cooler areas like Kalam and Malam Jabba recorded 29°C and 28°C respectively. The scorching heat has disrupted daily life in the lowland districts. Citizens are…
President Asif Ali Zardari has raised serious concerns over the rising threat of Hindutva ideology in India. On Monday, he warned that this hardline belief system endangers not only Indian society but the entire region. He made these remarks during a gathering at the President’s House. Leaders and workers of the Pakistan Peoples Party (PPP) had joined him for Eid ul-Azha greetings. While addressing the party members, President Zardari said that minorities in India, especially Muslims and Christians, are suffering under extremist policies. He condemned the growing discrimination rooted in Hindutva ideology. According to him, this hardline Hindu nationalism is…
Apple is preparing to launch a bold new design called the Liquid Glass UI. This updated interface will introduce glossy, translucent visuals across apps, toolbars, and system settings. Mark Gurman of Bloomberg shared these details ahead of the announcement. The Liquid Glass redesign will bring shimmer and transparency to the entire Apple ecosystem. Apple rarely changes its interface this drastically. The last major shift came with iOS 7, when the company moved away from skeuomorphism and embraced a flatter, cleaner look. According to Gurman, Apple plans to reveal the Liquid Glass UI during its Worldwide Developers Conference. WWDC 2025 begins…
The United Nations has confirmed that Afghan female UN workers in Kabul are facing serious threats. These warnings come amid reports that Taliban-linked individuals have stalked and harassed Afghan women employed by the organisation. One week after the news first broke, the UN said that several female employees had to begin working from home. Their security had become a major concern. Some women reported being followed, insulted, and threatened in public and through anonymous calls. At least three UN sources in Kabul told local Afghan media that on Tuesday and Wednesday of last week, armed Taliban fighters had followed and…
The Economic Survey 2024–25 will be officially released today. This key pre-budget report outlines the government’s review of Pakistan’s economic condition during the outgoing fiscal year. Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, will present the document, as confirmed by the finance ministry. This national economic survey plays a vital role ahead of the federal budget. It provides a complete picture of the country’s socio-economic situation. The economic assessment includes progress, trends, and problems across sectors like agriculture, manufacturing, industry, and services. It also covers energy, IT and telecom, capital markets, health, education, and transport. The survey highlights…
A senior Pakistani diplomatic team has arrived in the UK after completing a five-day mission to the United States. The delegation held over 50 meetings with American lawmakers in Washington and New York to explain Pakistan’s viewpoint on the ongoing Pakistan-India conflict. The team was led by Bilawal Bhutto-Zardari, former foreign minister and chairman of the Pakistan Peoples Party (PPP). The members included Senator Sherry Rehman, Hina Rabbani Khar, Dr. Musadik Malik, Khurram Dastgir Khan, Jalil Abbas Jilani, Tehmina Janjua, Bushra Anjum Butt, and Syed Faisal Subzwari. This diplomatic push came after the recent war between India and Pakistan. The…
