ISLAMABAD: Prime Minister Shehbaz Sharif announced on Monday that Pakistan will host the signing ceremony of the US-Iran peace agreement in Geneva on June 19, describing the development as a historic diplomatic achievement for global peace. Addressing the National Assembly, the prime minister said the agreement between the United States and Iran marked a major […]
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Shehbaz announces US-Iran peace agreement
ISLAMABAD: Prime Minister Shehbaz Sharif announced on Monday that the United States and Iran have reached a peace agreement aimed at ending months of conflict, with a formal signing ceremony scheduled to take place in Switzerland on June 19. In a statement shared on social media, the prime minister said the breakthrough followed intensive negotiations […]
Trump claims Iran deal signing today
US President Donald Trump and Pakistan have announced that an initial agreement to end the Middle East conflict will be signed on Sunday. However, Iran has rejected the timeline and questioned the timing of the proposed signing. The development highlights deep uncertainty over the status of the high-stakes diplomatic process involving the United States, Iran, […]
Aurangzeb says economy shifting from stability to growth
Finance Minister Muhammad Aurangzeb has said Pakistan’s economy is transitioning from a phase of stabilisation to growth, highlighting a series of fiscal, export and tax measures announced in the federal budget for 2026-27. Speaking at a post-budget press conference in Islamabad, Aurangzeb said the government had utilized available fiscal space to support economic expansion while […]
US-Iran agreement moves closer amid Hormuz talks
Iranian Foreign Minister Abbas Araghchi has said a draft agreement between Iran and the United States is nearing completion and could be signed within the next few days. He explained that both sides plan to sign the memorandum of understanding remotely through digital means before making a formal public announcement. Although negotiators may still adjust […]
Security forces kill 21 militants in North Waziristan
Pakistan’s security forces have killed 21 militants during intelligence-based operations (IBOs) conducted over the past 72 hours in the North Waziristan district of Khyber Pakhtunkhwa, according to the military’s media wing. In a statement issued on Saturday, the Inter-Services Public Relations said security forces targeted multiple militant hideouts in and around Miranshah following intelligence reports […]
Pakistan Presents Rs18.77 Trillion Federal Budget for FY 2026–27
Islamabad: Finance Minister Muhammad Aurangzeb presented the federal budget for fiscal year 2026–27 in the National Assembly, unveiling a total outlay of Rs18,771 billion with a strong focus on fiscal consolidation, tax reforms, social protection, and development spending. The budget comes at a time when Pakistan is navigating high debt servicing costs, external economic pressures, […]
Budget for fiscal year 2026-27 to be presented in parliament today
The federal government is set to present the budget for the fiscal year 2026-27 in both houses of Parliament today, with Finance Minister Muhammad Aurangzeb scheduled to unveil the financial plan in the National Assembly at 3pm, followed by a presentation in the Senate. According to parliamentary officials, the budget comes at a critical economic […]
President Zardari signs bill clearing way for PIA privatisation
President Asif Ali Zardari has approved the Pakistan International Airlines Corporation (Conversion) (Repeal) Bill, 2026, completing what authorities described as the final legal step required for the privatisation of the national flag carrier, Pakistan International Airlines (PIA). According to an official statement from the Presidency, the assent fulfils all necessary legal formalities and requirements for […]
First Hangor-class submarine arrives in Karachi
Pakistan Navy’s first Hangor-class submarine, built in China, has arrived in Karachi, marking a significant milestone in the country’s efforts to modernize its maritime defence capabilities. The arrival of PNS/M Hangor represents a major addition to Pakistan’s naval fleet and is expected to strengthen the country’s ability to safeguard its maritime interests and territorial waters. […]