Author: Admin

Kashmir at Forefront as US-Brokered Ceasefire Holds Amid Fragile Calm

Admin
IND-PAK

WASHINGTON: As Pakistan and India stepped back from the brink of escalation, the longstanding Kashmir dispute has once again come into focus, following a ceasefire facilitated by the United States. In a key development, President Donald Trump offered to actively mediate the Kashmir conflict, declaring his intent to work with both countries to help resolve the “thousand-year” dispute. His message, posted on Truth Social, lauded the leadership in Islamabad and New Delhi for agreeing to an “historic and heroic” ceasefire after days of deadly hostilities. The ceasefire came into effect…

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Pakistan Armed Forces Declare Deterrence Restored After Strikes on Indian Targets

Admin
Armed-Forces

ISLAMABAD: Pakistan’s armed forces have announced the successful completion of Operation Bunyanum Marsoos, stating that 26 high-value Indian targets were struck in response to India’s airspace violations and missile attacks on May 6–7, which killed 31 Pakistani civilians. At a joint press conference, Chief Military Spokesperson Lt Gen Ahmed Sharif Chaudhry, PAF DGPR Air Vice Marshal Aurangzeb Ahmed, and Deputy Chief of Naval Staff (Ops) Vice Admiral Raja Rab Nawaz outlined the scope and impact of the operation. Gen Chaudhry said the military response was a “textbook demonstration of integrated…

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Nepra Member Flags Rs69bn Loss Due to Idle Coal Plants, Urges Urgent Power Sector Reforms

Admin
New-NEPRA

ISLAMABAD: A member of the National Electric Power Regulatory Authority (Nepra) has raised alarm over deep-rooted inefficiencies in Pakistan’s power sector, highlighting Rs69 billion in capacity payments made to underutilised coal-fired power plants due to persistent transmission constraints. In his additional note on the quarterly tariff adjustment for May–July 2025, Nepra Member (Technical) Rafique Ahmad Shaikh pointed to severe shortcomings in the national transmission system, which prevented the efficient use of low-cost power generation, especially from southern-based coal plants — Port Qasim, China Power, and Lucky Electric. Despite their ability…

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New Petroleum Minister Vows to Resolve Exploration Sector Challenges

Admin
Ali-Pervaiz

ISLAMABAD: Newly appointed Petroleum Minister Ali Pervaiz Malik has pledged to address long-standing challenges in Pakistan’s oil and gas sector, which have hampered indigenous exploration and production activities. The move follows the removal of former minister Musadik Malik, whose bureaucratic approach was widely criticized for creating bottlenecks instead of solutions, prompting Prime Minister Shehbaz Sharif to intervene by forming a high-level gas committee led by Deputy PM Ishaq Dar. Among the foremost challenges is the finalisation of a model agreement for tight gas, which remains unsigned despite Oil and Gas…

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IMF Approves $1bn Disbursement for Pakistan, Expands Support with \$1.4bn Climate Facility

Admin
New-IMF

WASHINGTON: The International Monetary Fund (IMF) on Friday approved the immediate disbursement of \$1 billion to Pakistan under its ongoing \$7 billion Extended Fund Facility (EFF), while also granting a new \$1.4 billion arrangement under the Resilience and Sustainability Facility (RSF) to help build climate resilience. The IMF Executive Board completed the first review of Pakistan’s reform programme under the EFF, enabling the disbursement and bringing total support to approximately \$2.1 billion. Additionally, the RSF agreement spans 28 months and supports Pakistan’s efforts to combat climate-related vulnerabilities and bolster economic…

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