Chief Minister Maryam Nawaz Sharif has set a target to provide training and job placement to 100,000 youth in Punjab

Maryam Nawaz to Launch ‘Skills on Wheel’ to Train 100,000 Youth

Chief Minister Maryam Nawaz Sharif has set a target to provide training and job placement to 100,000 youth in Punjab. She directed officials to...
Petrol Prices to Drop by Rs14.16 per Litre from March 16

Petrol Prices to Drop by Rs14.16 per Litre from March 16

Consumers are expected to see a massive relief in fuel prices from March 16, 2025, as global oil prices decline. The ex-depot price of...
Security Forces bring an end to Jaffar Express Siege

Security Forces Bring an End to Jaffar Express Siege

Security forces stormed the hijacked Jaffar Express on Wednesday, ending the 30-hour siege in Balochistan’s Bolan area. They killed all 33 terrorists and successfully...
Bazaars Buzz With Shoppers as Eid Nears

Bazaars Buzz with Shoppers as Eid Nears

As Eid nears, all the Bazaar streets are clogged with buyers. The influx of customers is so high that the shops are often opened until Sehri...
Islamabad on High Alert after Jaffar Express Attack

Islamabad on High Alert after Jaffar Express Attack

Following the attack on the Jaffar Express in Balochistan, security has been increased across Pakistan's capital, Islamabad. Local authorities acted quickly to increase security after...
Armaghan’s Father Advised Him to Flee After Mustafa’s Murder: IO

Armaghan’s Father Advised Him to Flee After Mustafa’s Murder: IO

According to information presented to an anti-terrorism court on Tuesday, Armaghan, the main suspect in the murder of Mustafa Amir, told his father about...
Leaders Condemn Jaffar Express Attack and Praise Security

Leaders Condemn Jaffar Express Attack and Praise Security

President Asif Ali Zardari and Prime Minister Shehbaz Sharif strongly condemned the terrorist attack on the Jaffar Express in Balochistan. They praised the security...
Jaffar Express Hijacked in Balochistan

Jaffar Express Hijacked in Balochistan: What Happened and What’s Next?

On March 11th 2025, 9 AM, Jaffar Express departed from Quetta to Peshawar carrying 450 passengers in total. At least 100 passengers out of...
Security Forces in Action after Terrorists Hijack Train, Take Hostages

Security Forces in Action after Terrorists Hijack Train, Take Hostages

Heavily armed terrorists boarded a train to Peshawar in Balochistan, taking hundreds of passengers, including women and children, hostage. Security sources believe the attack...
Media Report in Mustafa Amir Murder Case Denied

Media Report in Mustafa Amir Murder Case Denied

The murder case of Mustafa Amir has taken a fresh turn. The report circulating on social media and other media platforms has been categorically...
SBP Approves Merger of Silk Bank with UBL

SBP Approves Merger of Silk Bank with UBL, Effective March 2025

The State Bank of Pakistan (SBP) has approved the merger of Silk Bank Limited (SBL) into United Bank Limited (UBL), starting from March 11,...
The government has assured the International Monetary Fund (IMF) that Pakistan International Airlines (PIA) will be sold by July. However, the fate of Roosevelt Hotel in New York remains undecided. The US government has prematurely terminated the $228 million lease agreement, which was supposed to last three years. This decision will result in a business loss of approximately $80 million. The IMF was informed that the Cabinet Committee on Privatisation (CCOP) will decide whether to sell the hotel or lease it under a joint agreement. Pakistan had leased the 1,025-room hotel to New York City’s Immigrant Housing Business in July 2023. The city government had been paying $210 per room for the third year, but now plans to end the agreement a year early. The CCOP previously expressed concerns that US immigration policies might affect the deal. Despite hiring financial advisors, including Jones Lang LaSalle Americas at a cost of Rs2.1 billion, the government has not finalized a privatisation plan. Read more: PIA Crash Survivor Shares Story of Resilience and Hope Regarding PIA, the Privatisation Ministry informed the IMF that the airline will be sold by July 2025. A previous privatisation attempt failed after a sole bidder offered only Rs10 billion against the Rs85 billion asking price. The government is currently assessing market interest before issuing an Expression of Interest (EOI) by the end of this month. Three bidders may participate, including two who previously withdrew due to tax and liability concerns. The IMF has agreed to relax those conditions, which may increase investor interest. The government also aims to privatise three power distribution companies—Faisalabad, Islamabad, and Gujranwala—by December. However, it has not yet decided whether to sell them together or separately. The UAE has expressed interest in acquiring First Women Bank Limited under a government-to-government agreement, with the deal expected by May. The government also plans to privatise Zarai Taraqiati Bank Limited (ZTBL) by November and sell the House Building Finance Company next month.

Pakistan Assures IMF of PIA Sale by July

The government has assured the International Monetary Fund (IMF) that Pakistan International Airlines (PIA) will be sold by July. However, the fate of Roosevelt...
Karachi’s Heatwave to End Tomorrow: PMD

Karachi’s Heatwave to End Tomorrow: PMD

Relief is on the way for Karachi residents, as the Pakistan Meteorological Department has forecast a drop in temperatures starting tomorrow. According to meteorologist...
Armaghan’s Father Advised Him to Flee After Mustafa’s Murder: IO

ATC Extends Armaghan’s Remand in Mustafa Amir Case

An Anti-Terrorism Court (ATC) in Karachi has extended the physical remand of Armaghan, the prime suspect in the Mustafa Amir murder case, for seven...
Petrol Prices in Pakistan May Drop by Rs15 Per Litre

Petrol Prices in Pakistan May Drop by Rs15 Per Litre

A decline in global oil prices may lead to a significant reduction in petroleum product prices in Pakistan. Sources suggest that petrol prices could...
New Zealand Announces Squad for Pakistan T20I Series

New Zealand Announces Squad for Pakistan T20I Series

New Zealand Cricket has announced a 15-member squad for the five-match T20I series against Pakistan, starting on Sunday in Christchurch. Michael Bracewell will lead...
Top 10 Pakistani Talk Shows

Top 10 Pakistani Talk Shows

After a lengthy day, only a talk show can give one some deserved relaxation. Or well, that’s what we Pakistanis believe. In a world...
36 Killed, 1,402 Mobile Phones Snatched in Karachi in February

36 Killed, 1,402 Mobile Phones Snatched in Karachi in February

The Citizens-Police Liaison Committee (CPLC) reported that 36 people lost their lives in Karachi due to various incidents in February. During the same period,...

US Deports Eight More Pakistanis Amid Strict Immigration Rules

A second flight carrying undocumented Pakistani immigrants deported from the United States will arrive in Pakistan next week, according to sources in the Federal...
Media Report in Mustafa Amir Murder Case Denied

No Traces of Intoxicants Found in Mustafa Amir’s Body: Report

A medical report following the exhumation of Mustafa Amir’s body has confirmed that no intoxicants or sedatives were found in his body before his...