Dawn
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Dawn - 17:27 Sep 18, 2025
The Securities and Exchange Board of India (SEBI) on Thursday dismissed allegations of stock manipulation against billionaire Gautam Adani and his group of companies made by US short-seller Hindenburg Research. SEBI began investigating Adani Group companies, including Adani Ports, Adani Power and Adani Enterprises, in 2023 after Hindenburg accused them of using tax havens and failing to disclose transactions between related parties. While the conglomerate denied wrongdoing, the accusations led to a $150-billion sell-off of the group’s stock. The shares have since recovered. “SEBI has reaffirmed what we have always maintained, that the Hindenburg claims were baseless. Transparency and integrity have always defined the Adani Group,” Gautam Adani, chairman of Adani Group, said on X. In January, Hindenburg Research founder Nathan Anderson announced he would disband the firm, citing the immense workload. Reuters has reached out to the firm and its founder’s last known email addresses. Short-sellers like Anderson b... -
Dawn - 17:20 Sep 18, 2025
The United States is trying to get Bagram air base in Afghanistan back, President Donald Trump said on Thursday during a joint news conference with British Prime Minister Keir Starmer. Trump is on an official state visit to the UK — his second state trip to Britain — where he signed a technology agreement with Starmer earlier today. “We’re trying to get it back,” Trump said, referring to Bagram. “It’s one of the biggest airbases in the world; we gave it to them for nothing. We’re trying to get it back. “One of the reasons we want the base, as you know, is it’s an hour away from where China makes its nuclear weapons.” Bagram Air Base served as the linchpin for US operations in the rugged country, where the long war against the Taliban and their Al Qaeda allies was fought with air strikes and resupply missions from the airfield. The historic Soviet-built airstrip was the main base for American forces in Afghanistan following the September 11, 2001, attacks, up until their 2021 withdrawal, which led to a takeove... -
Dawn - 17:04 Sep 18, 2025
An Islamabad High Court (IHC) division bench on Thursday suspended an earlier order for the removal of retired Major-General Hafeezur Rehman from his post as the Pakistan Telecommunication Authority’s (PTA) chairperson. The bench, comprising Justices Muhammad Asif and Inaam Ameen Minhas, had taken up Rehman’s intra-court appeal against the earlier ruling, issued by Justice Babar Sattar on Tuesday, which had ordered the PTA chief’s removal over his “illegal” appointment to the position. In his order, on a plea filed by digital rights activist Usama Khilji in 2023, Justice Sattar had ruled that the creation of a post for Member (Administration) in the PTA, and the subsequent appointment of Rehman as PTA chairman, were “unconstitutional, illegal and void ab initio”. His decision had been challenged by Rehman within hours of it being announced. Today, Advocate Qasim Wadud appeared as the counsel for the PTA chairman, while Additional Attorney General (AAG) Salman Mansoor also presented his arguments. At the outse... -
Dawn - 15:24 Sep 18, 2025
The federal government agreed to provide $390 million to the Reko Diq mining project to build rail tracks from mines in Balochistan, according to the Finance Division on Thursday. The decision was taken during a meeting of the Economic Coordination Committee (ECC) in Islamabad, chaired by Finance Minister Muhammad Aurangzeb, according to a press release from the Finance Division. The press release stated that the railways ministry submitted a summary on rail development and bridge financing agreements with the Reko Diq Mining Company, to provide $390m for laying a 1,350-kilometre railway track to transport large volumes of export material from mines in Balochistan. “The ECC approved the proposal and directed the Ministry of Railways to share both agreement documents with the Finance Division for appraisal,” the press release read. “It further instructed the Ministry of Railways and the Ministry of Finance to submit an update to the ECC by March next year on the execution and implementation of the project.” Ad... -
Dawn - 14:50 Sep 18, 2025
Fresh witness statements have come to light in relation to the Toshakhana-2 case on a Bulgari jewellery set against PTI founder Imran Khan and his wife, Bushra Bibi, alleging that the appraiser was pressured into undervaluing the ornaments. The development comes three days after a special judge central completed the cross-examination of the two key witnesses, an appraiser named Sohaib Abbasi and the former prime minister’s personal secretary, Inamullah Shah, in an over six-hour-long proceeding inside Adiala Jail. The case pertains to Imran Khan and Bushra Bibi retaining an expensive Bulgari jewellery set gifted by the Saudi royal family — including a necklace, earrings, bracelets, and rings — at a low price, causing significant loss to the exchequer. One of the witnesses, Sohaib Abbasi, confessed to undervaluing the Bulgari set at Rs5 million. He did so under the pressure of Imran Khan’s former personal secretary, Inamullah Shah, he claimed. Shah is the other key witness who has testified in the case. In his ... -
Dawn - 14:24 Sep 18, 2025
India’s Ministry of External Affairs (MEA) said on Thursday that it was analysing the “implications” of the recent mutual defence deal between Pakistan and Saudi Arabia for its own national security. Pakistan and Saudi Arabia entered into a landmark mutual defence agreement, under which any aggression against one state will be considered an attack on both. The ‘Strategic Mutual Defence Agreement’ was signed by Prime Minister Shehbaz Sharif and Saudi Crown Prince Mohammad Bin Salman at the Al-Yamamah Palace in Riyadh on Wednesday. A military confrontation between India and Pakistan recently occurred in May as the former, without evidence, linked the Pahalgam attack to Islamabad, which strongly denied the allegations. On the night of May 6-7, New Delhi launched a series of air strikes on Pakistan, killing at least 40 civilians. Both sides then exchanged missiles, which stretched over the week, before a US-brokered ceasefire had both sides agree to stop the hostilities. In a statement issued on today’s developm... -
Dawn - 14:20 Sep 18, 2025
Information and Technology (IT) Secretary Zarrar Hasham said on Thursday that restoring damaged undersea internet cables may take four to five weeks. During a meeting of the National Assembly’s Standing Committee on Information Technology and Telecommunication today while responding to a query raised by member Sadiq Memon over the slow internet and disruptions, the IT secretary replied that multiple cables had been cut off the coast of Yemen, affecting internet services. “Not only one or two cables have been cut, but between four and five,” Hasham told the meeting at Islamabad’s IT Park. “The issue is serious considering the situation in Yemen. Two cables coming to Pakistan have been affected.” The secretary added that bandwidth had been shifted to alternative networks. “Repairing the cables may take four to five weeks,” he said, adding that special boats would be required to perform the repairs. Memon remarked that it It is being said that three new cables are coming.” “If three new cables are coming, then w... -
Dawn - 13:31 Sep 18, 2025
A day after Pakistan and Saudi Arabia signed a landmark mutual defence agreement during Prime Minister Shehbaz Sharif’s visit to Riyadh, the premier on Thursday expressed gratitude for the “heart-warming welcome” given to him in the Gulf State and shared that his talks with Saudi Crown Prince Mohammad Bin Salman covered regional challenges, as well as enhancing bilateral cooperation. PM Shehbaz reached Riyadh for a day-long visit yesterday where he and Crown Prince Salman signed the ’Strategic Mutual Defence Agreement’ at the Al-Yamamah Palace in the Saudi capital. “Deeply touched by the heart warming welcome, accorded to me by my dear brother HRH (His Royal Highness) Prince Mohammed bin Salman, crown prince and prime minister of Saudi Arabia, on my official visit to Riyadh. “From the unprecedented escort provided to my aircraft by the Royal Saudi air force jets to the smartly turned out guard of the Saudi armed forces, this welcome reception speaks volumes about the abiding love and mutual respect between Pa... -
Dawn - 12:33 Sep 18, 2025
The Pakistan Stock Exchange (PSX) rose by 1,700 points on Thursday to settle near the all-time high of 158,000 on the back of increased investor confidence after the signing of a mutual defence pact with Saudi Arabia. The benchmark KSE-100 index surged by 1,775.65 points, or 1.14 per cent, to close at 157,953.46 — its highest level in history. Pakistan and Saudi Arabia entered into a landmark mutual defence agreement, under which any aggression against one state will be considered an attack on both. The ‘Strategic Mutual Defence Agreement’ was signed by Prime Minister Shehbaz Sharif and Saudi Crown Prince Mohammad Bin Salman at the Al-Yamamah Palace in Riyadh on Wednesday. Talking to Dawn.com, Awais Ashraf, research director at AKD Securities, said the pact had “bolstered investor confidence”, driving the KSE-100 Index to an all-time high close with the second-highest trading volumes in today’s session. “This agreement is expected to pave the way for enhanced cooperation with Saudi Arabia, including greater ... -
Dawn - 12:27 Sep 18, 2025
The United States Embassy in New Delhi has revoked and subsequently denied visas for some Indian business executives and corporate leaders based on their involvement in trafficking fentanyl precursors, it said in a statement on Thursday. Fentanyl precursors refer to the basic or parent chemicals that form fentanyl, a leading cause of US overdose deaths. The statement from the embassy did not name the people affected, but a spokesperson said they were Indian nationals. Indian government officials have been closely cooperating with US counterparts to combat the challenge of drug trafficking, the US embassy added in its statement. India’s foreign ministry did not immediately respond to a request from Reuters for comment on the US visa measures. US President Donald Trump, whose punitive 50 per cent tariffs on Indian imports hurt bilateral ties, has previously imposed additional levies on imports from China, Mexico and Canada, saying they facilitated the flow of fentanyl into the US. In a statement to the US Congr... -
Dawn - 12:13 Sep 18, 2025
Pakistan and Saudi Arabia signed a landmark defence agreement on Wednesday during a visit to the latter country by Prime Minister Shehbaz Sharif, marking what is being considered the most significant upgrade in Pakistan-Saudi defence relations in decades. The announcement was made in a joint statement by Islamabad and Riyadh. The statement said the pact “reflects the shared commitment of both nations to enhance their security and to achieve security and peace in the region and the world”. “[It] aims to develop aspects of defence cooperation between the two countries and strengthen joint deterrence against any aggression,” the statement said. While not many details have been shared yet, the key driver of Wednesday’s agreement appears to be the principle that “any aggression against either country shall be considered an aggression against both.“ The two countries have long shared a multifaceted relationship rooted in strategic military cooperation, mutual economic interests, and shared Islamic heritage. It is i... -
Dawn - 11:06 Sep 18, 2025
PTI founder Imran Khan has written a letter to Chief Justice of Pakistan (CJP) Yahya Afridi, it emerged on Thursday as party leader Latif Khosa delivered it to the top judge at the Supreme Court. In the letter dated September 16, a copy of which is available with Dawn.com, Imran expressed grievances over several matters, including the conditions he has been kept in inside jail, and urged CJP Afridi to direct the Islamabad High Court to fix some “critical petitions” that had been “hanging in the doldrums” for hearing. The petitions he was referring to pertain to Toshakhana and Al Qadir Trust cases. Speaking to the media after delivering Imran’s letter, Khosa said the CJP had sought the ex-premier’s complaints regarding the conditions in jail in writing and assured that his grievances would be addressed and responded to within 24 hours. He said, “We will inform you about whatever happens in [the next] 24 hours.” Khosa said he had also expressed “our reservations” about the judiciary to the chief justice and rai... -
Dawn - 09:07 Sep 18, 2025
Four terrorists “belonging to Indian proxy” were killed during an intelligence-based operation (IBO) in Balochistan’s Khuzdar district, the military’s media wing said on Thursday. “On September 17 2025, security forces conducted an intelligence-based operation in the Khuzdar district of Balochistan, on reported presence of terrorists belonging to Indian proxy, Fitna al Hindustan,” the Inter-Services Public Relations (ISPR) said. The state has designated Balochistan-based groups as Fitna-al-Hindustan to highlight India’s alleged role in terrorism and destabilisation across Pakistan. The ISPR statement said that during the operation, “own forces effectively engaged the terrorists’ location”, adding that “after an intense fire exchange, four Indian sponsored terrorists were sent to hell”. Weapons, ammunition and explosives were recovered from slain terrorists, the ISPR said. The terrorists were “actively involved in numerous terrorist activities in the area”, it added. “Sanitisation operation is being conducted ... -
Dawn - 07:33 Sep 18, 2025
Pakistan captain Salman Agha said his team were ready to face India in the next round of the Asia Cup on Sunday after last week’s group-stage match between the arch-rivals ended in acrimony when the Indian side refused to shake hands. Pakistan beat United Arab Emirates in their final Group A game on Wednesday to advance to the Super Fours stage, where they will also play two teams from Group B in a round robin format. Bilateral cricket between India and Pakistan has been suspended since 2013, and they play each other only in multi-team tournaments. “We are ready, we are ready for any challenge,” Salman said after their 41-run victory against UAE. “We just want to play good cricket. If we play good cricket, like we have played in the last few months, I think we’ll be good against any side.” Fakhar Zaman made 50, but Pakistan’s frontline batters disappointed against the UAE’s modest attack, with opener Saim Ayub falling for his third successive duck in the tournament. Salman acknowledged they had to bat better.... -
Dawn - 06:31 Sep 18, 2025
NEW DELHI: Former Hurriyat chairman and advocate of India-Pakistan talks to resolve the Kashmir dispute, Prof Abdul Ghani Bhat, passed away in Sopore on Wednesday. He was 89. According to family members, Bhat had been unwell recently and “passed away peacefully at his residence”. Official sources said the administration suggested that the family “conclude the final rites by Wednesday night”. Hurriyat chairman Mirwaiz Umar Farooq and other colleagues from Srinagar were not allowed to visit Sopore, The Hindu said. Bhat, who readily quoted from classical Persian poets to describe every crisis and its resolution, was among the few leaders in occupied Kashmir whose political career arc spanned from mainstream electoral politics to seeking a final settlement to the Kashmir problem. Having quit his government job as a Persian professor to join politics, he co-founded the Muslim United Front (MUF), which contested the 1987 election. He later became chairman of the Hurriyat, an amalgam of at least 13 anti-India groups... -
Dawn - 06:10 Sep 18, 2025
Hanif Noorzai QUETTA: Kidnapped Assistant Commissioner of Tump tehsil Hanif Noorzai was released by his abductors on Wednesday night. Kech Deputy Commissioner Bashir Ahmed Breach confirmed the development. Mr Noorzai had been abducted by armed men on June 4 while he was travelling from Tump to Quetta with his family to celebrate Eid. His official vehicle was intercepted during the journey. The armed men allowed his family, driver and Levies guards to go, but took Mr Noorzai away at gunpoint. The banned Balochistan Liberation Front had claimed responsibility for the kidnapping. According to sources, Mr Noorzai was released in Tump and later informed the authorities about his release. The assistant commissioner reached Quetta late at night on a special plane arranged by the Balochistan chief minister. Published in Dawn, September 18th, 2025 -
Dawn - 04:21 Sep 18, 2025
KARACHI: Pakistan’s mining sector has the potential to significantly increase its contribution to the national economy, with revenues projected to rise from $2 billion to $6-8bn annually by 2030, provided the country capitalises on its vast untapped mineral reserves. In a keynote address at the Natural Resources and Energy Summit 2025 on Wednesday, Shamsuddin A. Shaikh, CEO of National Resources Ltd (NRL), highlighted the sector’s underutilised potential. He noted that while Pakistan sits on one of the world’s richest mineral belts, it contributes only 0.15pc to global mineral output and 2-3pc to national GDP. Of the 92 known minerals in the country, nearly 90pc remain unexplored. Shaikh stressed the urgency of exploiting these resources, warning that failure to act quickly could result in foreign companies capitalising on the opportunity. “This is the time for Pakistani companies and investors to lead through joint ventures and partnerships, creating wealth and jobs at home,” he said. Key projects already un... -
Dawn - 04:15 Sep 18, 2025
RAWALPINDI: The Lahore High Court’s (LHC) Rawalpindi Bench on Wednesday heard a constitutional petition challenging the sales tax on women’s sanitary napkins, with the petitioner arguing the levy treats a basic health necessity as a luxury item and perpetuates gender inequality. LHC Justice Jawad Hassan took up the petition, filed by Mahnoor Omer, which seeks to exempt sanitary pads and related products from sales tax. With the court’s approval, the petition also added the Revenue Division via its Secretary as a respondent, arguing that the tax system indirectly discriminates against women and violates constitutional rights to equality and dignity as outlined in Articles 3, 9, 14, 25 and 37. Advocate Ahsan Jehangir Khan, the petitioner’s counsel, said that only 12pc of menstruating women in Pakistan can afford commercial sanitary pads, forcing the rest to use unsafe alternatives. Petition argues levy on sanitary napkins violates gender equality rights He noted that locally manufactured sanitary products have ... -
Dawn - 04:08 Sep 18, 2025
ISLAMABAD: Pakistan has reaffirmed its focus on integrating the New Gwadar International Airport with the port as part of the five-year Maritime Affairs Action Plan (2025-2029), aiming to transform Gwadar into a regional trade and transit hub. The commitment was made during a high-level meeting chaired by Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Wednesday. The plan, aligned with the China-Pakistan Economic Corridor (CPEC), seeks to enhance maritime cooperation with China while promoting economic connectivity with Afghanistan, Central Asia, the Middle East, and Africa. The framework emphasises infrastructure development, including the expansion of Gwadar Port, completion of Free Zone Stage II, and acceleration of East Bay Expressway Phase II to improve inland accessibility. A key component is the integration of the airport with the port to support multi-modal transit and regional logistics. The plan also supports the adoption of electronic data interchange systems and smart port ... -
Dawn - 03:06 Sep 18, 2025
• 27-nation bloc wants to seal trade deal with the world’s most populous nation • Putin, Modi hail friendly ties amid Trump pressure BRUSSELS: The European Union’s top diplomat warned on Wednesday that its push for closer ties with India could be hampered by New Delhi’s purchases of Russian oil and involvement in military drills with Moscow. The 27-nation bloc is pressing to seal a trade deal with the world’s most populous nation and strengthen bonds in areas like defence as US President Donald Trump has rocked the global order. “Ultimately, our partnership is not only about trade, but also about defending the rules-based international order,” EU foreign policy chief Kallas said, as she unveiled a new strategy from Brussels to bolster relations. “Participating in military exercises, purchases of oil — all these are obstacles to our cooperation when it comes to deepening the ties,” Kallas said. But she acknowledged the EU did not believe India would “completely decouple” from Russia and the two sides sought to...
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