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Economy

Oil Prices Fall as US-Iran Deal Eases Hormuz Concerns, Global Energy Markets Stabilise

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TEHRAN (MNN); Global oil prices continued to decline after the United States and Iran signed an interim peace agreement, easing fears of prolonged disruptions...
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India’s 17 Water Projects Could Enable ‘Hydro-Hegemony’, Warns Ishaq Dar

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ISLAMABAD (MNN); Deputy Prime Minister and Foreign Minister Ishaq Dar has warned that India’s growing network of water infrastructure projects on rivers covered under...
City News

Pakistan Tightens Austerity Measures, Bans Foreign Travel and Further Cuts Fuel Consumption

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ISLAMABAD – MNN: The Government of Pakistan has decided to further tighten its austerity drive by introducing additional fuel conservation and expenditure control measures,...
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Bilawal Says NFC Share Protected, Urges Long-Term Economic Reforms and National Unity

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ISLAMABAD (MNN); Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari has said that the federal government has assured provinces that their shares under the...
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Pakistan-Brokered US-Iran Peace Deal Draws Global Praise as Trump, Tehran Hail ‘Historic’ Islamabad Memorandum

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WASHINGTON/TEHRAN/ISLAMABAD; The signing of the Islamabad Memorandum of Understanding (MoU) between the United States and Iran has triggered widespread international reactions, with leaders from...
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Iran Warns of Strong Response to Israeli Actions as US-Iran Peace Agreement Nears

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TEHRAN/PARIS (MNN); Iranian officials have warned of a strong response to any further Israeli military actions in Lebanon, even as Tehran and Washington move...
City News

Four Independent GB Assembly Members Join IPP, Strengthening Party’s Presence in Gilgit-Baltistan

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GILGIT (MNN); Four newly elected independent members of the Gilgit-Baltistan Assembly have joined the Istehkam-e-Pakistan Party (IPP) following a meeting with the party’s president,...
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Punjab Unveils Rs5.9 Trillion People-Friendly Budget for FY2026-27 with Focus on Education, Health and Development

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LAHORE (MNN); Punjab Finance Minister Mian Mujtaba Shuja-ur-Rehman on Tuesday presented a Rs5.9 trillion provincial budget for fiscal year 2026-27 after receiving formal approval...
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Pakistan to host Iran–US peace deal signing in Geneva on June 19, declares PM Shehbaz a historic milestone

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ISLAMABAD (MNN); Prime Minister Shehbaz Sharif on Monday announced that Pakistan will host the signing ceremony of the Iran–US agreement in Geneva, Switzerland, on...
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US-Iran Peace Deal Reached as Trump Announces End of Hostilities, Strait of Hormuz Reopens

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WASHINGTON/ISLAMABAD (MNN); In a major diplomatic breakthrough that could reshape the geopolitical landscape of the Middle East, United States President Donald Trump announced that...
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