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Pakistan’s exports of goods recorded a 3.88% decline during the first quarter (July–September) of the current fiscal year, falling by $307 million to $7.59 billion, according to the latest report from the Pakistan Bureau of Statistics (PBS). While the overall export figures show a downward trend, key industrial sectors such as textiles, leather products, sports goods, and surgical instruments posted moderate growth, helping cushion the broader contraction. Textile sector shows mixed performance The textile sector, Pakistan’s largest export segment, saw a 5.63% increase in exports during the first quarter, with total shipments valued at $4.77 billion. Subcategories such as ready-made…

China has welcomed the temporary ceasefire between Pakistan and Afghanistan, describing it as a positive move toward regional peace and stability. The Chinese Foreign Ministry expressed readiness to play a constructive role in fostering better relations between the two neighbouring countries. A spokesperson for the ministry said Beijing was closely monitoring the situation and commended both sides for showing restraint in recent days. The statement emphasized that China will “continue to support peace efforts and contribute to stability in the region.” Call for restraint, constructive dialogue The Chinese Foreign Ministry urged both Pakistan and Afghanistan to exercise restraint and avoid…

The Federal Public Service Commission (FPSC) has announced the results of the Central Superior Services (CSS) 2025 examination, revealing a steep competition with only 397 candidates passing the written test out of 15,602 participants. The results highlight the tough nature of Pakistan’s premier civil service exam, which serves as the gateway to the country’s most prestigious administrative and police positions. Candidates can check their result here: https://tinyurl.com/25ryh6mh Punjab leads with highest number of successful candidates According to FPSC data, the highest number of successful candidates — 269 — belonged to Punjab, maintaining the province’s consistent lead in CSS performance over the…

An important meeting of the federal cabinet, chaired by Prime Minister Shehbaz Sharif, was held in Islamabad on Thursday, where the government reviewed national and international affairs, the regional security situation, and ongoing administrative reforms. The prime minister took the cabinet into confidence regarding his foreign visits, recent diplomatic engagements, and Pakistan’s achievements at the international level. Cabinet members were briefed on the current regional situation, including security developments in neighbouring countries. Cabinet expresses full support for Pakistan Army The meeting witnessed a strong show of solidarity with the Pakistani armed forces. The cabinet members paid glowing tributes to the…

Punjab Chief Minister Maryam Nawaz presided over an extraordinary meeting on law and order in Lahore, during which the provincial government took a series of major decisions aimed at enforcing the state’s writ and strengthening law enforcement across Punjab. The meeting focused on tackling extremism, regulating illegal residents, and implementing stricter controls on illegal weapons. Officials described the measures as “historic decisions” designed to establish rule of law and restore public confidence in state institutions. Ban recommended on extremist party One of the central outcomes of the meeting was the decision to recommend a federal ban on an extremist party…

ISLAMABAD : Under the China-Pakistan Economic Corridor (CPEC), the first batch of students from the University of Gwadar’s Technical and Vocational Institute has arrived at the Shandong Institute of Commerce and Technology (SICT) in China to complete their three-year diploma program. This milestone, stemming from a 2023 agreement among the University of Gwadar, Gwadar Port Authority, China Overseas Ports Holding Company Limited (COPHCL), and SICT, aims to equip Gwadar’s youth with world-class technical skills and global exposure. All expenses, including tuition, accommodation, and travel, are fully sponsored by the Pakistani and Chinese partners, reflecting their commitment to human resource development.…

Finance Minister Muhammad Aurangzeb held a series of high-profile meetings during his ongoing visit to the United States, focusing on enhancing economic stability, attracting foreign investment, and reaffirming Pakistan’s commitment to fiscal and structural reforms. In Washington, Aurangzeb met with IMF Managing Director Kristalina Georgieva, the Saudi Finance Minister Muhammad Abdullah Al-Jadaan, and top executives from leading global institutions, including the US International Development Finance Corporation (DFC), Standard Chartered Bank, and Multilateral Investment Guarantee Agency (MIGA). Meeting with IMF chief Kristalina Georgieva During his meeting with IMF Managing Director Kristalina Georgieva, Aurangzeb welcomed the recent staff-level agreement under the…

US President Donald Trump announced on Wednesday that Indian Prime Minister Narendra Modi has pledged to stop purchasing oil from Russia, marking a major development in Washington’s global push to curb Moscow’s energy income amid the ongoing Ukraine war. Speaking at a White House press conference, Trump said he would next turn his focus toward persuading China to halt similar purchases, signaling a new phase in his administration’s strategy to economically isolate the Kremlin. “So I was not happy that India was buying oil, and he (Modi) assured me today that they will not be buying oil from Russia. That’s…

A devastating accident near Malakand on the Swat Expressway has claimed at least 15 lives and left eight others injured when a truck carrying nomadic families plunged into a deep ravine. The incident occurred late on Wednesday as the group was migrating from Swat to Faisalabad. According to rescue officials, the truck’s brakes failed while descending a steep section of the highway, causing the vehicle to overturn and fall into the ditch. All the passengers on board were nomads belonging to Bahrain and surrounding areas of Swat. Women, children among victims The accident proved fatal for entire families traveling together.…

The International Monetary Fund (IMF) has projected a gradual decline in Pakistan’s debt and fiscal deficit over the next five years. According to the IMF’s Fiscal Monitor Report 2025, Pakistan’s debt-to-GDP ratio is estimated to fall from 71.6 per cent in the current year to 71.3 per cent. This ratio is expected to decline further to 60.2 per cent over the next five years. The fiscal deficit is likely to reach 4.1 per cent of GDP this year, exceeding the official target of 3.9 per cent. However, it is projected to reduce progressively to 2.8 per cent over the five-year…