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Pakistan's exports to Europe jump 7.44% in FY25

Pakistan, Aug. 1 -- Pakistan's exports to European countries rose sharply in the fiscal year 2025. The total export value reached $8.86 billion, up 7.44% from $8.25 billion last year. This growth show... Read More


Govt reduces GP fund return rate to 12.46%

Pakistan, Aug. 1 -- The federal government has lowered the annual return rate on General Provident (GP) Fund deposits to 12.46% for the financial year 2024-25. This move was confirmed through a notifi... Read More


11 killed in Gaza by Israeli strikes and gunfire

Pakistan, Aug. 1 -- Gaza's civil defence reported that 11 people were killed on Friday due to Israeli air strikes and gunfire, including two individuals near an aid distribution centre. Spokesman Mahm... Read More


Govt adds Rs 2.50 levy on petrol and diesel

Pakistan, Aug. 1 -- The federal government increased the petroleum levy on petrol and high-speed diesel by Rs 2.50 per liter. This hike raises the levy on petrol from Rs 75.52 to Rs 78.02 per liter. M... Read More


M-6 Sukkur-Hyderabad motorway to begin in april 2026

Pakistan, Aug. 1 -- The National Highway Authority (NHA) has confirmed that the M-6 Sukkur-Hyderabad motorway project will officially begin in April 2026. Land acquisition for the project is expected ... Read More


KP CM Ali Amin Gandapur vows to expose India at FATF

Pakistan, Aug. 1 -- Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur announced plans to expose India at the Financial Action Task Force (FATF). He said India misrepresented his statement at FATF by... Read More


FBR suspends 0.25% goods penalty after backlash

Pakistan, Aug. 1 -- The Federal Board of Revenue (FBR) has temporarily suspended the 0.25% penalty on the declared value of goods. This decision comes after customs agents raised concerns over the lac... Read More


Khawaja Shams-ur-Islam killed, son injured in Karachi attack

Pakistan, Aug. 1 -- Senior lawyer Khawaja Shams-ur-Islam was shot dead outside a mosque in Karachi's Defence Phase 6 on Friday. Police said unknown gunmen ambushed him as he was leaving the mosque aft... Read More


Finance ministry bans supplementary grants this fiscal year

Pakistan, Aug. 1 -- The Ministry of Finance has once again imposed a ban on issuing supplementary grants during the current fiscal year. It clearly stated that no additional funds will be released bey... Read More


Glacier burst kills one in GB's Bagrot valley

Pakistan, Aug. 1 -- A glacier burst in Gilgit-Baltistan's Bagrot Valley killed a 10-year-old boy and injured his father on Friday. According to GB government spokesperson Faizullah Faraq, the two were... Read More