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Found 6698 news

  • Crypto traders may get ‘time-bound amnesty’
    Dawn - 02:32 Dec 06, 2025
    • Pakistani users trade over $250bn in crypto annually, Binance reveals • Around 17.5m Pakistanis registered on platform, holding $5bn in virtual assets • Banks flag security, compliance concerns over crypto integration ISLAMABAD: The government said on Friday it was considering a “time-bound amn­esty” for cryptocurrency traders, as local banks raised risk and compliance concerns amid more than $250 billion in annual crypto trading reportedly conducted by Pakistani users. Officials floated the idea at a high-level consultative meeting after a top global cryptocurrency exchange argued that virtual assets could boost Pakistan’s GDP. “These virtual assets should be considered as part of liquid money supply (M-1) … virtual assets collateralisation will help increase M-1” because these are highly visible and dependable, a Binance team member told the meeting, co-chaired by Finance Minister Muhammad Aurangzeb and Pakistan Virtual Assets Regu­latory Authority (PVARA) Chairman Bilal Bin Saqib. The meeting had been ar...
  • Trump’s role in Pak-India peace highlighted in new US security strategy
    Dawn - 02:21 Dec 06, 2025
    • National Security Strategy references his repeated claims about planes shot down during May war • Presents him as ‘President of Peace’, claims he helped secure peace in eight global conflicts • Identifies China as central challenge; calls for deeper US engagement with India WASHINGTON: US President Donald Trump’s role in arranging a peace deal between India and Pakistan received a mention in the White House’s National Security Strategy (NSS) released on Friday, even as the document largely focuses on China. The mention carries particular significance because the NSS is a formal statement of the administration’s policy priorities and global assessment. Highlighting Trump’s diplomacy in South Asia underscores Washington’s intention to boost its influence in the region and lends credibility to his intervention claims. “President Trump has cemented his legacy as the President of Peace. In addition to the remarkable success achieved during his first term with the historic Abraham Accords, President Trump has lev...
  • Govt offers talks after PTI demands access to its leader
    Dawn - 02:14 Dec 06, 2025
    • Rana Sanaullah says party still not ready to come to the table • Alarm raised over alleged breach of privacy by FBR ISLAMABAD: After a fiery speech in the Senate by a PTI-backed lawmaker, deploring the absence of rule of law and an unannounced ban on meetings with incarcerated former prime minister Imran Khan, the ruling party once again held out an olive branch to the PTI, reassuring it that all issues could be resolved through dialogue. Speaking in the upper house of parliament on Friday, Adviser to the Prime Minister on Poli­tical and Public Affairs Rana Sana­ullah said the PTI had always rejected the path of negotiations, even though all issues could be reso­lved through dialogue rather than deadlock. He said the government was ready to hold a dialogue with the opposition to take the country forward, but the PTI leadership remained unwilling. The remarks came after PTI Senator Mashal Yousafzai chided two ministers over the claim that VVIP facilities were available to Imran Khan in jail. She demanded tha...
  • Turkish delegation’s visit delayed due to Afghan Taliban’s lack of cooperation: FO
    Dawn - 01:59 Dec 06, 2025
    The Foreign Office (FO) said on Friday that the continued absence of a top Turkish delegation meant to mediate tensions between Afghanistan and Pakistan was due to a lack of cooperation from the Taliban regime. Turkiye, one of the mediators alongside Qatar, recently hosted multiple rounds of talks between Islamabad and Kabul following an escalation of tensions between the two neighbours over the past weeks. Turkish President Recep Tayyip Erdogan had earlier signalled plans to send a delegation to Islamabad, but the visit has not materialised. The Turkiye-Qatar effort had produced a fragile ceasefire, though the FO spokesperson said the truce had faltered because it was “contingent on a halt in terrorist activities”. Questioned in his weekly press briefing about the lack of a visit thus far from the Turkish delegation, the FO spokesperson responded: “Pakistan was open, and stands ready. And I believe that the delegation has not arrived because of scheduling issues, and perhaps by a lack of cooperation from the...
    Tags: Turkish
  • Border disruptions put $200m medicine trade at risk
    Dawn - 00:33 Dec 06, 2025
    KARACHI: Repeated closures of the Pakistan-Afghanistan border have brought bilateral medicine trade to a standstill, leaving hundreds of trucks stranded and “jeopardising” nearly $200 million worth of pharmaceutical exports, industry sources said. Industry representatives warn that the ongoing blockade at Torkham and Chaman is crippling pharmaceutical supplies to Afg­hanistan, spoiling temperature-sensitive drugs, and exposing Pakistan to massive commercial losses at a time when exporters cannot afford another shock. They argue that Afg­h­anistan remains Pakistan’s largest overland trading partner and the main transit route for onward access to Uzbekistan, Tajikistan, Turkmenistan, and Kaz­a­khstan. Each shutdown cuts Pakistan off from these landlocked economies, disrupts regional connectivity projects, and undermines multilateral investments tied to the Pakistan-Uzbekistan-Afghanistan railway and other corridor initiatives. “The closures are now so frequent that they have become a structural threat, forcing ...
  • Muslim, Arab countries express ‘absolute rejection’ of attempts to expel Palestinians from Gaza
    Dawn - 21:18 Dec 05, 2025
    Muslim and Arab countries, in a joint statement released on Friday, underscored their “absolute rejection” of any attempts to displace Palestinians from their land. Israel announced on Wednesday it would unilaterally open the Rafah crossing to allow residents to flee the Gaza Strip, a move swiftly rejected by Egypt as Cairo insisted on lifting the blockade in both directions to relieve the besieged Palestinian territory. Egypt refused to facilitate what critics fear is the forced displacement of Palestinians, insisting on adherence to the terms of the United States-brokered peace plan, which mandates full humanitarian access. The Rafah crossing, the only vital artery to the outside world for the residents of Gaza not controlled directly by Israel, has been shuttered for months, strangling the flow of life-saving aid. The foreign ministers of Pakistan, Egypt, Jordan, the United Arab Emirates, Indonesia, Turkiye, Saudi Arabia, and Qatar expressed concern over the use of the Rafah crossing to expel Palestinians....
  • Mexico to kick off 2026 World Cup against South Africa
    Dawn - 19:36 Dec 05, 2025
    The 2026 World Cup will kick off on June 11 with joint-hosts Mexico playing South Africa at the Azteca Stadium — venue of the 1970 and 1986 finals — followed by South Korea against a playoff winner after the draw was made on Friday. South Africa are appearing for the first time since 2010, when they drew with Mexico in the opening match but failed to reach the knockout stage. Fellow hosts the United States and Canada will join the party the next day, against Paraguay and a playoff winner — possibly Italy — respectively in Los Angeles and Toronto. Defending champions Argentina were grouped with Algeria, Austria and Jordan, while five-times winners Brazil will play Morocco — semi-finalists in 2022 — Haiti and Scotland. The Scots are appearing in the finals for the first time since 1998, when they lost to Brazil in the opening game. France’s first game will be against Senegal in a repeat of one of the biggest tournament upsets, when the Africans stunned the then-holders in their first game of the 2002 tournament...
  • Donald Trump awarded first FIFA ‘peace prize’ at football World Cup draw
    Dawn - 18:43 Dec 05, 2025
    US President Donald Trump said he was not attending the draw for the 2026 World Cup to receive a prize, but he got one anyway. Trump, who has campaigned aggressively this year for a Nobel Peace Prize, was given FIFA’s inaugural peace prize for his efforts to promote dialogue and de-escalation in some of the world’s hotspots. Amid TV cameras and flashbulbs from the international press, Trump dominated the scene at Washington’s Kennedy Center on Friday, placing himself squarely at the center of one of the biggest events in the sporting world. The United States, along with Canada and Mexico, will host the soccer tournament next year. The prime minister of Canada, Mark Carney, and the president of Mexico, Claudia Sheinbaum, were there, too, but it was all Trump’s show. “This will be unique, this will be stellar, this will be spectacular,” Gianni Infantino, the gregarious president of FIFA, soccer’s global governing body, said at the opening of the ceremony, talking about next year’s games. But he could have been ...
  • ‘Gloves are off’: Tarar vows strict action against Adiala demonstrators
    Dawn - 18:13 Dec 05, 2025
    Information Minister Attaullah Tarar on Friday said that “the gloves are off” and that anyone protesting outside Adiala jail, where PTI founder Imran Khan is currently incarcerated, will be dealt with harshly. In a blistering press conference earlier today, Inter-Services Public Relations (ISPR) Director General Lt Gen Ahmed Sharif Chaudhry assailed Imran for creating and spreading an “anti-army” rhetoric. Separately, PTI figures, in recent days, have staged demonstrations outside the prison. Khyber Pakhtunkhwa Chief Minister Sohail Afridi had staged a sit-in outside the prison after he was barred from meeting Imran for the eighth time, while Imran’s sisters also staged sit-ins on multiple occasions after they were barred from meeting the former premier. Speaking on Geo News programme ‘Naya Pakistan’, the minister said that strict action would be taken against any individual who creates a law and order situation outside the prison, including arrests and the registration of legal cases. “If anyone tries to cre...
    Tags: Adiala
  • PTI’s Barrister Gohar appeals for reducing tensions after ‘disappointing’ ISPR briefing
    Dawn - 17:39 Dec 05, 2025
    PTI Chairman Barrister Gohar Ali appealed to pro-democratic forces to help reduce political tensions, expressing “disappointment” over a briefing by the military spokesperson targeting the party and former premier Imran Khan. In a blistering press conference earlier today, Inter-Services Public Relations (ISPR) Director General Lt Gen Ahmed Sharif Chaudhry assailed Imran for creating and spreading an “anti-army” rhetoric, stating that such narratives were now out of the realm of politics and had become a “national security threat”. The majority of the DG ISPR’s 90-minute press conference focused on criticising Imran, the party and its government in Khyber Pakhtunkhwa. “This is the time for everyone to acknowledge one another, make space for each other and eliminate the lack of trust. I appeal to all pro-democracy forces to play their role in reducing tensions,” said PTI Chairman Barrister Gohar in a post on X, reacting to the military spokesperson’s remarks. Gohar said he had always held hope that tensions wo...
    Tags: ISPR
  • Pakistan’s OGDCL ramps up unconventional gas plans
    Dawn - 16:23 Dec 05, 2025
    Ahmed Hayat Lak, Managing Director and CEO of the Oil & Gas Development Company Limited, speaks during an interview with Reuters, during the Pakistan Minerals Investment Forum 2025, in Islamabad on April 9. — ReutersThe state-run Oil & Gas Development Company Limited (OGDCL) is planning a major expansion of unconventional gas developments from early next year, aiming to boost production and reduce reliance on imported liquefied natural gas. Pakistan has long been viewed as having potential in both tight and shale gas, which are trapped in rock and can only be released with specialised drilling, but commercial output has yet to be proved. Managing Director Ahmed Lak told Reuters that OGDCL had tripled its tight-gas study area to 4,500 square kilometres after new seismic and reservoir analysis indicated larger potential. Phase two of a technical evaluation will finish by the end of January, followed by full development plans. The renewed push comes after US President Donald Trump said Pakistan held “massive” oil reserves in July, a statement analysts said lacked credible geological evidence, but which prompted Islamabad to underscore that it is pursuing its own efforts to unlock unconventional resources. Ahmed Hayat Lak, M...
  • India withdraws pilot rest policy after IndiGo chaos
    Dawn - 15:57 Dec 05, 2025
    A boy cries as he waits with his family outside the Indigo airlines ticketing counter at the Chhatrapati Shivaji Maharaj International Airport, after several IndiGo airlines flights were cancelled, in Mumbai, India on December 5. — ReutersIndia’s aviation ministry on Friday rolled back a new policy of weekly rest for pilots after chaos caused by hundreds of flight cancellations by the country’s biggest airline, IndiGo. In a bid to improve air travel safety, Indian authorities have introduced new stricter regulations limiting pilot flying times and placing tighter restrictions on their operation of night-time flights. Airports across India have been in disarray since Monday, with the private carrier blaming the disruption on “unforeseen operational challenges”. On Thursday, IndiGo admitted to aviation regulators that “misjudgement and planning gaps” in adapting to new rules led to the operational meltdown, even though it had two years to prepare for the switch. The new rules came into effect last month with the aim of giving pilots more rest periods to enhance passenger safety. India’s civil aviation minister Ram Mohan Naidu said the ‘Flight Duty Time Limitations’ rules “have been placed in abeyance with immediate effect”. “Without compromising...
  • Pakistan will ‘definitely launch’ sovereign stablecoin, crypto czar says
    Dawn - 15:04 Dec 05, 2025
    Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA) Bilal Bin Saqib announced that Pakistan is set to launch its first “stablecoin” as part of its drive to make virtual assets a part of the economy. The PVARA is an autonomous federal body governed by a multi-stakeholder board including the governor of the State Bank of Pakistan, the chairman of the Securities and Exchange Commission of Pakistan and the chairman of the Federal Board of Revenue. Its mandate is to curb illicit finance, protect consumers and unlock opportunities in fintech, remittances and tokenised assets, while fostering Shariah-compliant innovation through regulatory sandboxes. A stablecoin, according to Bloomberg, is a digital token whose value is intrinsically linked to a physical currency, such as the US dollar, making it more stable than other cryptocurrencies like Bitcoin.­ Speaking at Binance Blockchain Week in Dubai, the crypto czar said that Pakistan will “definitely launch” a stablecoin, adding that the country is wor...
    Tags: Pakistan
  • ‘Who do you think you are?’: DG ISPR lashes out at Imran Khan’s ‘anti-army rhetoric’
    Dawn - 14:36 Dec 05, 2025
    Inter-Services Public Relations (ISPR) Director General Lt Gen Ahmed Sharif Chaudhry on Friday assailed incarcerated PTI founder Imran Khan for creating and spreading an “anti-army” rhetoric, stating that such narratives were now out of the realm of politics and had become a “national security threat”. At the beginning of his press conference in Rawalpindi, he talked about a “creeping national security threat” that had become necessary for the military to address. “That threat emanates from a delusional mindset of a delusional person who has become captive to his own ego, thinking that his wishes are bigger than those of the state of Pakistan,” Lt Gen Chaudhry said, in an apparent reference to incarcerated PTI founder, Imran Khan. “His ego, his wishes, and frustrations have grown to such an extent that he thinks that the world would cease to exist without him.” The DG ISPR added that it would be “a bit strange to see it coming from me, but the narrative that person is pushing is no more about politics now but...
  • Crackdown against passengers using fake documents to intensify
    Dawn - 14:13 Dec 05, 2025
    The federal government on Friday decided to intensify its crackdown against passengers attempting to travel abroad using fake documents. Recently, several incidents have been reported of travellers being offloaded from flights at various airports, despite possessing valid travel documents. The actions came after a crackdown on migrant smuggling following last year’s Greece boat tragedy that claimed several Pakistani lives. The interior minister subsequently declared that anyone attempting to travel on incomplete or bogus documents would be stopped under all circumstances. In a special meeting held in Islamabad under the chairmanship of Interior Minister Mohsin Naqvi and Federal Minister for Overseas Pakistanis Chaudhry Salik Hussain, it was decided to make the protector issuance system foolproof with reforms to be introduced in the immigration system to facilitate passengers. The federal ministers sought final recommendations within seven days. ‎An effective crackdown was ordered against those involved in the...
  • ADVICE: AUNTIE AGNI
    Dawn - 14:01 Dec 05, 2025
    Dear Auntie, I am currently facing a hugely confusing situation. I like a guy and we plan to get married soon, but my mother doesn’t like him a lot because he doesn’t earn enough. Another issue is that, while we get along well, both of us have a dominant nature. This often results in arguments which, at times, result in shouting encounters, followed by long spells of virtually no communication between us. Sometimes, when we’re having these arguments, my mother often overhears and tries to convince me to leave him for good. I am scared that, even though I like him, what if we split up after getting married? Then my family may not support me and I will be left on my own to deal with the situation. Auntie, please advise what I should do. I don’t want to leave him but, at the same time, I am scared of the repercussions if things turn ugly. It’s pertinent to mention that he has a stable career with a sound future, and I am also a working girl though, once we’re married, I want him to be the primary breadwinner. Re...
  • Putin and Modi discuss trade, peace and ‘uninterrupted’ oil shipments in New Delhi summit
    Dawn - 13:47 Dec 05, 2025
    Russian President Vladimir Putin and Indian Prime Minister Narendra Modi began summit talks in New Delhi on Friday, as New Delhi rolled out the red carpet for the Russian leader and Modi told him India supported peace efforts in Ukraine. Putin is on his first visit to India in four years, aiming to boost trade with the top buyer of Russia’s arms and seaborne oil as Western sanctions squeeze their decades-old ties. The visit comes at a time when New Delhi is engaged in talks with the US for a trade deal to cut punitive tariffs imposed by President Donald Trump on its goods over India’s Russian oil purchases. Moscow has been India’s top arms supplier for decades and has said that it wants to import more Indian goods in an effort to grow trade to $100 billion by 2030, which so far has been skewed in its favour due to New Delhi’s energy imports. Since European countries cut their reliance on Russian energy after Russia invaded Ukraine nearly four years ago, India ramped up its purchases of discounted Russian crud...
  • Controversial social media posts case: Imaan Mazari, Hadi Chatha submit list of defence witnesses
    Dawn - 13:13 Dec 05, 2025
    Lawyer Imaan Mazari and her spouse, Hadi Ali Chatha, on Friday handed over their list of defence witnesses as proceedings resumed in the controversial tweets case before Additional Sessions Judge Muhammad Afzal Majoka in the District and Sessions Courts, Islamabad. At the start of the hearing, Chatha filed a fresh application requesting the court to allow both accused to record their statements under Section 342 of the Criminal Code of Procedure (CRPC) and to present witnesses in their defence. The court issued a notice to the prosecution on the application and briefly adjourned the hearing until 10am. When proceedings resumed, Chatha argued the application himself, stating that the 342 statement submitted by the state counsel was not theirs and had been filed without the accused being informed. He maintained that during cross-examination, the state counsel was given a questionnaire of 33 questions, which was later used to prepare a 342 reply that the defence does not accept. Chatha also informed the court th...
  • Minister assures across the board accountability for incidents of citizens falling into manholes
    Dawn - 13:05 Dec 05, 2025
    All government departments would be held responsible and held accountable if any citizen fell in a manhole, said Minister of Local Government and Housing Town Planning Nasir Hussain Shah while speaking to the media in Sukkur. The body of the boy, who drowned in an open manhole near Nipa in Gulshan-i-Iqbal on Sunday night, was found on Monday, around 15 hours after the incident occurred. The child’s tragic death, particularly the lack of cooperation from relevant civic agencies to launch an immediate search, had angered relatives and area residents, who staged a protest on University Road on Sunday night and again during the day on Monday. “All government departments, including KMC, Karachi Water and Sewerage Corporation (KWSC), Sindh Solid Waste Management Board, as well as the administration, including police, deputy commissioner and assistant commissioners of relevant areas, would be responsible, if such kind of incidents happen again,” the minister said, adding that no excuses from officials would be enter...
    Tags: Minister
  • India weighs greater phone-location surveillance; Apple, Google and Samsung protest
    Dawn - 11:20 Dec 05, 2025
    India’s government is reviewing a telecom industry proposal to force smartphone firms to enable satellite location tracking that is always activated for better surveillance, a move opposed by Apple, Google and Samsung due to privacy concerns, according to documents, emails and five sources. A fierce privacy debate erupted in India this week after Prime Minister Narendra Modi’s government was forced to rescind an order requiring smartphone makers to preload a state-run cyber safety app on all devices after activists and politicians raised concerns about potential snooping. For years, the Modi administration has been concerned that its agencies do not get precise locations when legal requests are made to telecom firms during investigations. Under the current system, the firms are limited to using cellular tower data that can only provide an estimated area location, which can be off by several meters. The Cellular Operators Association of India (COAI), which represents Reliance’s Jio and Bharti Airtel, has propo...

6698 items