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Hague tribunal orders India to suspend Indus River projects, uphold treaty with Pakistan

THE HAGUE: The Permanent Court of Arbitration has ordered India to uphold the Indus Waters Treaty with Pakistan and suspend work on its hydroelectric projects, a major legal victory for Islamabad in the dispute over the agreement. The Hague-based tribunal issued the award on the status of the treaty and interim measures concerning India’s Ratle ... Read more

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Oil prices jump more than 2% after US and Iran trade strikes

Oil prices rose more than 2% Monday after the United States attacked an Iranian island in the Strait of Hormuz and drew retaliation from Tehran, as the six-month-old conflict between the two countries showed no signs of easing. Brent crude futures climbed $2.21, or 2.51%, to $90.31 a barrel as of 0436 GMT. U.S. West ... Read more

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Pakistan returns to spot LNG market with fresh tender as power generation takes a hit

KARACHI: State-run Pakistan LNG Limited (PLL) has issued a fresh tender to procure one spot cargo of liquefied natural gas for delivery between September 4 and 8, as global supply disruptions stemming from the Middle East war continue to strain the country’s gas-fired power generation. PLL invited bids from international suppliers for a single cargo ... Read more

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CDA steps up fire safety enforcement to protect precious human lives

ISLAMABAD: The Capital Development Authority (CDA), in line with the decision of the Federal Government conveyed through Secretary MOI has intensified enforcement of fire and life safety standards across Islamabad, making it clear that the protection of precious human lives will remain the CDA’s top most priority. In a significant enforcement action, the CDA has ... Read more

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Jamaat-e-Islami threatens sit-ins in Rawalpindi, Islamabad if protest permit denied

ISLAMABAD: The leaders of Pakistan’s Jamaat-e-Islami (JI) on Sunday warned of staging sit-ins in Rawalpindi and Islamabad if authorities refuse to grant permission for a public gathering in the garrison city, as the party escalates pressure on the government over rising fuel prices and inflation. Hafiz Naeemur Rehman, the emir of Jamaat-e-Islami, told a news ... Read more

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Corn, wheat prices surge to multi-year highs on divergent supply threats

CHICAGO: Corn and wheat futures have rallied to their highest prices in more than three years, though the factors driving the gains for each crop remain distinctly different. Wheat futures settled Friday at $7.84 per bushel, up 3.1% on the day, after hitting an intraday peak of $7.9025, the highest level since Feb. 14, 2023. ... Read more

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Himalayan floods kill at least 750, leave more than 3,000 missing across Nepal, China

KATHMANDU: The death toll from catastrophic flooding and mudslides along the Nepal-China border has risen to at least 750, with more than 3,000 people still missing, authorities said Sunday, as rescue operations entered their fifth day. Nepal’s disaster management agency reported 734 confirmed deaths on its side of the border, with 2,498 people unaccounted for. ... Read more

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Court extends physical remand of suspects in murder of Hina Javed

RAWALPINDI: A district and sessions court on Saturday extended by four days the physical remand of two suspects in the killing of a digital media executive whose body was found bound to a shower in her home. Faisal Asghar, the husband of slain Hina Javed, and domestic worker Zeeshan will remain in police custody until ... Read more

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PML-N’s Iftikhar Gilani elected 17th AJK Prime Minister

MUZAFFARABAD: Iftikhar Gilani, candidate of the Pakistan Muslim League-Nawaz (PML-N), was elected as the 17th prime minister of Azad Jammu and Kashmir (AJK) on Friday after securing 30 votes in the legislative assembly. Gilani defeated Sardar Mukhtar Khan of the Pakistan Peoples Party (PPP), who garnered 14 votes. First elected to the AJK Legislative Assembly ... Read more

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State Bank of Pakistan profit falls 20% to Rs 2 trillion

KARACHI: The State Bank of Pakistan’s consolidated profit fell nearly 20% to Rs 1.999 trillion for the fiscal year ended June 30, 2026, as a sharp decline in interest and markup earnings outweighed a turnaround in exchange-related gains, according to the central bank’s consolidated financial statements approved Thursday. The central bank reported profit after tax ... Read more

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