The State Bank of Pakistan (SBP) has officially clarified that it has never declared virtual assets (VAs), including cryptocurrencies, as illegal in the country. This statement was issued in response to recent reports suggesting that cryptocurrency trading and holding remain banned. SBP Issues Precautionary Advisory, Not a Ban In a
Prime Minister Shehbaz Sharif on Wednesday reiterated Pakistan’s call for dialogue with India to ensure lasting peace in the region, saying that they need to sit on the table and address pressing challenges including Kashmir, water, and terrorism. “We must sit together and talk for the sake of peace…
Junaid Safdar, son of Punjab Chief Minister Maryam Nawaz and Captain (retd) Safdar, is set to enter into a second marriage, nearly 19 months after his divorce from his first wife, Ayesha Saif Khan. Reliable sources close to the family have confirmed that Junaid Safdar’s upcoming engagement has been
Tesla and SpaceX CEO Elon Musk is stepping down from his role within the Trump administration after a controversial stint aimed at overhauling the federal government’s efficiency, a White House official confirmed Wednesday evening. “It is accurate that Mr. Musk is leaving the administration, and his off-boarding will begin
Deputy Prime Minister and Foreign Minister of Pakistan, Senator Mohammad Ishaq Dar, is scheduled to embark on a two-day official visit to Hong Kong today, May 29, 2025. During this visit, he will participate in the signing ceremony of the Convention establishing the International Organization for Mediation (IOMed). The ceremony
In a landmark development that positions Pakistan prominently within the global digital economy, Bilal Bin Saqib, Special Assistant to the Prime Minister on Blockchain and Crypto and CEO of the Pakistan Crypto Council (PCC), announced the launch of the country’s first government-backed strategic Bitcoin reserve. Revealed at Bitcoin Vegas
In a significant development symbolizing improved diplomatic ties, Saudi Arabia has restarted direct flights for Iranian pilgrims traveling to Mecca for the Hajj pilgrimage. This marks the first time such flights have operated since 2015. Direct Flights Resume Ahead of Hajj 2025 According to a Saudi civil aviation official, Saudi
Pakistan’s military spokesperson Lieutenant General Ahmed Sharif Chaudhry has declared that Pakistan will respond “mercilessly” to any aggression from India, warning New Delhi against escalating tensions in the region. Speaking to Turkey’s state-run Anadolu Agency, the Director General of Inter-Services Public Relations (DG ISPR) dismissed Indian accusations linking
The Pakistan Meteorological Department (PMD) has issued a weather alert forecasting rain and strong winds across several parts of Khyber Pakhtunkhwa (KP) and Punjab, while hot and dry weather is expected to continue in Sindh and Balochistan. Rain Likely in Upper KP, Northern Punjab According to the PMD, isolated rain
The federal budget for Pakistan’s fiscal year 2025-26 is expected to be presented in Parliament on June 2, 2025, with a proposed outlay of around Rs20 trillion. This announcement comes as the government prepares its financial plan amidst ongoing consultations with the International Monetary Fund (IMF) and other key
Pakistan has expressed its gratitude for former U.S. President Donald Trump’s crucial role in mediating a ceasefire between Pakistan and India. The diplomatic intervention has helped to de-escalate tensions between the two nuclear-armed nations, which had been on the brink of a broader conflict in recent months. Pakistan’
Prime Minister Muhammad Shehbaz Sharif held a meeting with UK Foreign Secretary David Lammy at the Prime Minister’s House on Friday, where both sides discussed key bilateral relations and regional developments. During the meeting, the Prime Minister reaffirmed Pakistan’s commitment to maintaining peace in South Asia, emphasizing that
At least four Levies personnel were martyred in a terrorist attack targeting a security check post in the Naal area of Khuzdar during the early hours of Saturday, according to official reports. The assailants, armed with automatic weapons, opened fire on the check post, resulting in the martyrdom of four
Deputy Prime Minister and Foreign Minister Ishaq Dar stated that Pakistan’s resolute retaliation to Indian military actions played a decisive role in prompting international mediation, particularly from the United States. His comments come in the wake of a recently agreed ceasefire between the two nuclear-armed neighbors. U.S. Acted
Pakistan on Tuesday strongly rejected what it termed “provocative and inflammatory assertions” made by Indian Prime Minister Narendra Modi warning that such remarks risk further destabilising an already tense regional environment and represent a “dangerous escalation.” In a statement issued by Foreign Office Spokesperson Shafqat Ali Khan, Islamabad described the
Pakistan’s Finance Minister Muhammad Aurangzeb has played down concerns over the economic impact of the recent military escalation with India, describing it as “minor” and within the government’s fiscal capacity to manage. In an interview with Reuters, Aurangzeb said the national economy remains stable despite tensions that peaked