NATIONALPIA is set to be formally handed over to its new owners on May 25, according to Privatisation Commission sources. Officials said the privatisation process has entered its final stage, with all major requirements completed.
WorldA trial has started in Seattle in Polish airline LOT's lawsuit against Boeing over losses tied to the 737 MAX grounding. The carrier is seeking no less than $250 million in damages.
NATIONALA blast in Lakki Marwat’s Sarai Naurang market killed at least nine people, including two traffic police officials, and injured 33 others. Officials said preliminary findings suggested explosives had been planted in a parked motorcycle.
NATIONALPakistan has rejected a CBS News report alleging Iranian military aircraft were parked at Nur Khan Airbase for protection from possible US strikes. The Foreign Office said the aircraft were linked to diplomatic and logistical arrangements tied to talks involving Tehran and Washington.
The National Assembly has approved the Anti-Rape (Amendment) Bill 2026, making sexual assault, physical abuse and child exploitation non-bailable offences. It also took up a bill proposing tougher penalties for obscene material and heard a briefing on education initiatives.
WorldIndia has more than doubled import duties on gold and silver to about 15pc from 6pc as it seeks to support the rupee and protect foreign exchange reserves strained by the Middle East war.
NATIONALAn anti-terrorism court in Lahore has declared Saad Rizvi and 23 other TLP leaders proclaimed offenders in a case related to attacks on police personnel. The court also issued perpetual arrest warrants for the absconding suspects.
NATIONALThe Peshawar High Court has stopped the deportation of two Afghan brothers who say they worked with US forces and are seeking asylum in Canada. The court also extended relief for Afghan forensic expert Dr Khalil Ahmad Pashtunyar and his family.
NATIONALA Senate committee visiting NAB headquarters was briefed on the bureau’s reforms, recoveries and action on housing fraud. Lawmakers were told NAB recovered Rs14.485 trillion between June 2023 and March 2026 and compensated over 129,000 victims.
NATIONALA controversy has surfaced over the proposed outsourcing of three Pedo hydropower projects in Khyber Pakhtunkhwa. In a letter to the provincial government, 75 Pedo officials objected to alleged outside interference and urged implementation of the approved self-operation model.
BusinessThe State Bank of Pakistan says it has received $1.3 billion from the IMF under the EFF and RSF after the Fund’s board approved the latest disbursements. The amount will be reflected in reserves data for the week ending May 15.
NATIONALHeavy rain in Lower Kohistan left one man dead, injured several others and swept away two tourist vehicles, though all passengers were rescued safely. Fresh flooding and landslides also blocked the Karakoram Highway at multiple points.
