Shizza Jasmin

Renowned vloggers&nbsp;<a href="https://globie.io/products/esim-pakistan" style="color:#0073e6;">Luke Damant</a>,&nbsp;associated with&nbsp;<a href="https://globie.io/products/esim-pakistan" style="color:#0073e6;">Globie.io</a>,&nbsp;and Don Rob joined Chatroom with Shizza for a conversation about Pakistan&#39;s food, people and hospitality.&nbsp;<a href="https://globie.io/products/esim-pakistan" style="color:#0073e6;">Luke</a>&nbsp;explained what &#39;Burger&#39; means in Pakistani culture, showed off his Urdu skills, and reacted to a surprise cheese paratha. His verdict on Pakistan versus India on hospitality was direct and unfiltered.&nbsp;

Chatroom with Shizza

Renowned vloggers Luke Damant, associated with Globie.io, and Don Rob joined Chatroom with Shizza for a conversation about Pakistan's food, people and hospitality

'Cheese paratha guy' Luke Damant and Don Rob on Pakistan's food, people, and hospitality

Before Eid al-Adha began across Islamabad, the capital came alive with packed cattle markets, crowded shopping malls, mehndi stalls and families making last-minute preparations late into the night.&nbsp; From sacrificial animal purchases to traditional sweets simmering at home, Pakistan TV Digital&rsquo;s Shizza Hashmi captured the energy, color and chaos of Chand Raat as residents prepared to welcome one of Islam&rsquo;s biggest festivals.

Shorts

Families crowd markets and cattle bazaars across Islamabad during Chand Raat as residents make last-minute preparations ahead of Eid al-Adha celebrations in the Pakistani capital.

How Islamabad celebrated Chand Raat before Eid al-Adha festivities

ISLAMABAD: Pakistan&rsquo;s government has reduced the country&rsquo;s mounting power-sector circular debt by Rs800 billion, roughly $2.8 billion, over the past two years and aims to eliminate the remaining burden before the end of its term, Energy Minister Sardar Awais Ahmed Khan Leghari said in an interview with Pakistan TV Digital earlier this week. Circular debt, a chronic financial problem in Pakistan&rsquo;s energy sector caused by unpaid bills, subsidies and system losses, stood at about Rs2.4 trillion when the current government took office, Leghari said.&nbsp; He said the figure has now fallen to around Rs1.6 trillion. &ldquo;We plan to get this off our books in the next three to four years so circular debt should vanish by the end of this government&rsquo;s term,&rdquo; Leghari said. The minister presented the reduction as part of broader reforms aimed at stabilizing Pakistan&rsquo;s energy sector, lowering electricity prices and reducing dependence on imported fuel amid regional instability and volatile global energy markets. Leghari said recent disruptions tied to the conflict involving Iran exposed vulnerabilities in Pakistan&rsquo;s energy mix, particularly in liquefied natural gas supplies from the Middle East. &ldquo;The Iran war has been an eye-opener,&rdquo; he said. Pakistan currently depends on imported fuels for about 26% of its electricity generation, according to the minister.&nbsp; He said the government aims to reduce that reliance to just 3% to 4% within the next eight to 10 years. To achieve that target, Pakistan plans to expand domestic electricity generation through hydropower, nuclear energy and renewables. Leghari said the government expects to add 10,000 megawatts of hydropower capacity, 17,000 megawatts of renewable energy and another 1,500 megawatts of nuclear generation over the next decade. &ldquo;Pakistan has been through a solar revolution,&rdquo; he said, referring to rapid growth in privately financed rooftop and distributed solar systems across the country. The minister also defended the government&rsquo;s planned subsidy reforms, arguing that the current system unfairly burdens middle-income consumers. Pakistan currently provides electricity subsidies to more than 22 million consumers who use fewer than 200 units of electricity per month, compared with about 9 million consumers previously, Leghari said. The subsidies range from 65% to 85% and cost more than Rs500 billion annually, according to the minister. He said many recipients are not among the country&rsquo;s poorest households and that the government plans to link electricity meters with national identity cards and Benazir Income Support Programme records to better target low-income consumers. &ldquo;Only those in the lowest income levels will continue to get the subsidy,&rdquo; Leghari said. The savings, he added, would help reduce costs for middle-income consumers using between 200 and 700 units per month, who currently absorb much of the subsidy burden through cross-subsidization. Leghari also said electricity prices for industrial users have already fallen significantly after the government reduced cross-subsidy costs. Industrial tariffs dropped by about 16 rupees per unit, from roughly 17 to 18 cents per kilowatt-hour to around 12 cents, while household consumers saw average reductions of 8 to 9 rupees per unit, he said. According to the minister, lower electricity prices have already contributed to a 6% to 7% increase in demand. The government is also preparing optional time-of-use electricity pricing that would allow consumers to use cheaper power during peak solar-generation hours, pending approval from the International Monetary Fund, Leghari said. On power outages, the minister acknowledged that some parts of Pakistan experienced six to seven hours of load shedding in late April. He attributed the outages to reduced LNG supplies and a temporary drop in hydropower generation, which fell to nearly 1,000 megawatts before recovering above 6,500 megawatts. Leghari said 11,000 of Pakistan&rsquo;s 14,000 electricity feeders currently operate without load shedding. The remaining 3,000 feeders face what the government describes as &ldquo;economic load shedding&rdquo; because of high electricity theft and non-payment rates. &ldquo;We are moving toward technology at the transformer level so we can switch off only the specific communities involved in theft, rather than the whole feeder,&rdquo; he said. As Pakistan heads into peak summer demand, Leghari said the national grid is prepared to meet electricity consumption levels that typically reach around 29,000 megawatts. &ldquo;There will be no load shedding due to lack of demand or capacity,&rdquo; he said. The government is also working to modernize the national grid and encourage private-sector investment in large-scale battery storage systems to improve stability and integrate more renewable energy into the network, according to the minister.

Economy

Talking to Pakistan TV Digital, Energy Minister Sardar Awais Ahmed Khan Leghari says Pakistan is preparing to sharply reduce imported fuel dependence, reform electricity subsidies, expand renewable energy capacity and prevent summer power shortages nationwide.

Pakistan cuts circular debt by $2.87 billion, targets zero by term-end

A Tamil cinema superstar, C. Joseph Vijay, or Thalapathy Vijay, is set to become Tamil Nadu&rsquo;s Chief Minister, once again blurring the lines between the silver screen and the secretariat. From Kangana Ranaut in the North to the legends of the South, the bridge between stardom and statehood has never been shorter.

How identity politics keeps putting Indian stars in power

<span style="color: rgb(0, 0, 0); font-family: Arial, Helvetica, sans-serif; font-size: 18px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: -0.07px; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: pre-wrap; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;" id="isPasted">In just 24 hours, a flurry of fast-moving diplomacy has once again placed Pakistan at the heart of the 58-day Iran-US conflict. Here&#39;s what you need to know.

In last 24 hours: Pause in US-Iran talks, but both sides praise Pakistan's peace efforts

ISLAMABAD: As Pakistan prepares to host high-stakes talks between the United States and Iran, the spotlight has turned to Islamabad, a city now central to efforts aimed at preventing a wider regional conflict. The upcoming negotiations follow a fragile two-week ceasefire, brokered through Pakistan&rsquo;s diplomatic engagement, positioning the country as a neutral facilitator between two long-standing adversaries. Prime Minister Shehbaz Sharif has emphasized Islamabad&rsquo;s role in advancing dialogue, urging all sides to sustain the truce and give diplomacy a chance. &ldquo;I earnestly and sincerely urge all parties to exercise restraint&hellip; so that diplomacy can take a lead role,&rdquo; he said. Pakistan&rsquo;s position, maintaining ties with both Washington and Tehran, has allowed it to emerge as a credible intermediary at a time when tensions have disrupted global energy flows, shaken markets, and raised fears of a broader Middle East war. With delegations from both sides expected in Islamabad, officials say the talks represent a critical window to transform a temporary ceasefire into a more durable peace framework.

Upcoming negotiations follow a fragile two-week ceasefire, brokered through Pakistan’s diplomatic engagement, positioning the country as a neutral facilitator between two long-standing adversaries.



Why Islamabad matters as US-Iran talks shift global focus

ISLAMABAD: Germany and Pakistan are expanding cooperation in climate action, education and development partnerships, even as both countries seek to reinvigorate trade and investment ties, German Ambassador to Pakistan Ina Lepel said in an exclusive interview with Pakistan TV Digital. Lepel, currently serving her third posting in Pakistan, described bilateral relations as broadly positive with active political engagement and growing people-to-people connections. &ldquo;Overall the trajectory is going in a good direction,&rdquo; she said, noting that the two countries maintain regular high-level contact. She added that Pakistan and Germany share a commitment to international cooperation and rule-based global governance. &ldquo;We depend on a reliable international world order that is governed by rules and not by the law of the strongest,&rdquo; Lepel said. &ldquo;That&rsquo;s why we are both big friends of multilateralism.&rdquo; Climate cooperation expandingGermany&rsquo;s development partnership with Pakistan is increasingly focused on climate and energy transition, the ambassador said, highlighting a &euro;114 million commitment announced late last year for climate-related cooperation and other development initiatives. According to Lepel, climate action offers both countries an opportunity to strengthen long-term economic competitiveness while addressing a global challenge. &ldquo;Climate change does not stop at borders and we don&rsquo;t get to negotiate with the planet,&rdquo; she said. &ldquo;The planet follows the law of physics, so this is a global challenge we have to tackle together.&rdquo; Germany is supporting several climate-related initiatives across Pakistan, including rebuilding flood-affected homes in Balochistan using climate-resilient methods and improving freshwater access in Punjab. In Khyber Pakhtunkhwa, Berlin is also contributing to forest restoration efforts linked to a provincial tree-planting initiative. Lepel said community participation is key to ensuring such environmental projects succeed. &ldquo;Planting the forest is the easy part,&rdquo; she said. &ldquo;Without taking the local communities along it&rsquo;s very difficult to keep it.&rdquo; Education links growingEducational exchange remains one of the fastest-growing areas of bilateral engagement, with nearly 10,000 Pakistani students currently studying in Germany, according to Lepel. She said Germany has digitalized its student visa application system to improve transparency and processing times, while the growing availability of English-language programs is making German universities more accessible to international students. &ldquo;The attractiveness of studying in Germany just is growing so much,&rdquo; she said. Lepel also encouraged prospective Pakistani students to rely on official information portals rather than private education agents. &ldquo;It is not necessary to spend a lot of money on agencies,&rdquo; she said. &ldquo;If you just Google &lsquo;study in Germany&rsquo; you come to a very accessible and intuitive portal where people are guided through all the universities.&rdquo; Trade potential yet to be realizedWhile political dialogue and development cooperation remain strong, the ambassador acknowledged that trade and investment between the two countries have not grown as quickly as other areas of partnership. &ldquo;The numbers in terms of trade are pretty much the same when I left eight years ago,&rdquo; Lepel said, adding that improving the ease of doing business could help attract greater foreign investment. Pakistan&rsquo;s large market, young population and strategic geographic location remain significant advantages for potential investors, she noted. &ldquo;There are quite a few German companies that have a presence in Pakistan,&rdquo; she said. &ldquo;Hopefully as ease of business improves we can build on that.&rdquo; Opportunities in innovation and diversificationLepel said changing global economic dynamics are prompting German companies to diversify supply chains and explore new markets &mdash; a trend that could create opportunities for Pakistan. &ldquo;We have learned the hard way that it&rsquo;s not a good idea to be unilaterally dependent on any one partner,&rdquo; she said. She also pointed to Pakistan&rsquo;s innovative talent pool as a potential area for collaboration in research and development. &ldquo;I have really met amazing people who are very innovative, creative, resourceful and agile,&rdquo; she said. Energy efficiency and sustainable building technologies are additional areas where German expertise could support Pakistan&rsquo;s transition toward a low-carbon economy, Lepel added. &ldquo;The best energy is the energy we have never used,&rdquo; she said, highlighting opportunities in building insulation and energy-saving infrastructure. Despite global economic uncertainty, the ambassador expressed optimism about the future direction of bilateral relations. &ldquo;There is a positive mood,&rdquo; she said. &ldquo;People are taking more of an interest in how things go in Pakistan.&rdquo;

Foreign Affairs

In a wide-ranging interview to Pakistan TV Digital, German Ambassador to Pakistan Ina Lepel says Pakistan-Germany relations are progressing through climate cooperation, education links and political engagement, while noting untapped potential in trade, investment and innovation partnerships.

Germany-Pakistan ties deepen through climate, education partnerships, ambassador says

Faraz Saeed

ISLAMABAD/LAHORE: An Indian Muslim lawmaker has condemned Bihar Chief Minister Nitish Kumar for pulling down the hijab of a Muslim woman doctor during an official ceremony, describing the act as &ldquo;foolish&rdquo; and &ldquo;condemnable,&rdquo; amid growing concern over India&rsquo;s treatment of religious minorities.&nbsp;Speaking in an exclusive interview with Pakistan TV Digital, Lok Sabha Member of Parliament Tariq Anwar said the incident was unacceptable but suggested it may have been linked to what he described as the chief minister&rsquo;s ongoing neurological or mental health issues.&nbsp;He added that Kumar had previously been criticized for similar conduct and was reportedly undergoing medical treatment, while maintaining there was no history of him intentionally targeting Muslims.&nbsp;&ldquo;It has been said for the last several months that he has some neurological and mental problems,&rdquo; Anwar said. &ldquo;However, if anyone commits such an act, it is certainly wrong.&rdquo;&nbsp;&ldquo;We do not appreciate it; rather, we condemn the incident.&rdquo;&nbsp;The controversy erupted earlier this week during an appointment ceremony at the Bihar Chief Minister&rsquo;s Secretariat, Samvad, where newly recruited doctors were receiving appointment letters. Indian media reported that 1,283 doctors were appointed, including practitioners of Ayurveda, homeopathy, and Unani medicine.&nbsp;As Nusrat Parveen, a newly appointed Unani doctor, stepped forward to receive her letter, Kumar appeared startled by her hijab, which partially covered her face, and reached out to pull it down. A video of the moment quickly went viral, triggering widespread outrage and renewed debate over minority rights and intolerance in public life.&nbsp;Anwar said the chief minister&rsquo;s conduct appeared to be the result of illness or medical treatment and reiterated that there had never been any complaint of Kumar intentionally committing such an act. Nevertheless, he stressed that the incident was &ldquo;not right&rdquo; and remained condemnable.&nbsp;Opposition parties were far less charitable. The Rashtriya Janata Dal (RJD), Kumar&rsquo;s former ally, publicly questioned his fitness to govern. &ldquo;What has happened to Nitish ji? Has his mental state reached a completely pitiable condition, or has Nitish Babu become 100% Sanghi now?&rdquo; the party said in a post on X.&nbsp;RJD spokesperson Ejaz Ahmed framed the episode as part of a broader pattern. &ldquo;The removal of the hijab from a Muslim woman&rsquo;s face clearly reflects the National Democratic Alliance government&rsquo;s mindset toward the Muslim community,&rdquo; he said.&nbsp;The incident also drew criticism from politicians and academics, who described it as further evidence of a shrinking space for minorities in India. Ashok Swain, a professor at Uppsala University in Sweden, linked the episode to the political climate under Prime Minister Narendra Modi.&nbsp;&ldquo;Modi&rsquo;s key ally and Bihar Chief Minister Nitish Kumar forcibly pulls down the veil of a Muslim woman doctor while handing her an appointment letter,&rdquo; Swain wrote on X. &ldquo;In Modi&rsquo;s India, misogyny and Islamophobia have official sanction.&rdquo;&nbsp;Samajwadi Party MLA Ravidas Mehrotra said the act disqualified Kumar from holding office. &ldquo;This incident clearly shows that the Chief Minister of Bihar is not mentally stable,&rdquo; he said. &ldquo;After this, he has no moral right to remain in office even for a single day.&rdquo;&nbsp;Lok Sabha MP Aga Syed Ruhullah Mehdi described the conduct as &ldquo;indefensible and deeply disturbing,&rdquo; calling for accountability.&nbsp;&ldquo;He owes the woman and the public an unconditional apology,&rdquo; Mehdi said. &ldquo;This erratic conduct is alarming and raises serious concerns about his capacity to hold constitutional office.&rdquo;&nbsp;India&rsquo;s main opposition party, the Indian National Congress, also demanded Kumar&rsquo;s resignation, raising questions about women&rsquo;s safety and Muslim dignity in Bihar.&nbsp;&ldquo;Look at his shamelessness, a female doctor had come to collect her appointment letter, and Nitish Kumar pulled off her hijab,&rdquo; the party said. &ldquo;This vileness is unforgivable.&rdquo;&nbsp;For critics, the episode is not an isolated lapse but a stark illustration of how Muslim identity is increasingly treated as a provocation in India&rsquo;s public sphere, where even state ceremonies are no longer free from humiliation and coercion.

India

Speaking to Pakistan TV Digital, Tariq Anwar condemns Bihar Chief Minister Nitish Kumar for pulling down a Muslim woman doctor’s hijab, calling the act foolish and unacceptable

Pulling veil by Bihar CM condemnable, ‘foolish’ act: Indian Muslim lawmaker

ISLAMABAD: Pakistan and T&uuml;rkiye share an enduring bond founded on brotherhood, shared struggle, and resistance to imperial domination, a leading Turkish civil society figure said in an exclusive interview with Pakistan TV Digital last week.&nbsp;&nbsp;He urged global powers to &ldquo;abandon their colonial ambitions&rdquo; and allow smaller nations to thrive in peace.&nbsp;In a wide-ranging interview, İsmail Hakkı Turun&ccedil;, president of T&uuml;rkiye&rsquo;s July 15 Association, condemned the ongoing atrocities in Gaza, describing them as &ldquo;a direct consequence of imperial greed&rdquo; and a reflection of the exploitative mindset that continues to shape global politics.&nbsp;&ldquo;It is absolutely wrong for any country, especially those backed by powers like the US, the UK, France, or Germany, to invade others and take away their rights,&rdquo; Turun&ccedil; said. &ldquo;Such actions bring neither peace to Gaza nor security to those who support these aggressions.&rdquo;&nbsp;Turun&ccedil;, who has personally visited Gaza six times, said he was &ldquo;tortured&rdquo; during his last visit, adding that the suffering of Gazans mirrors the world&rsquo;s moral collapse in the face of oppression.&nbsp;&ldquo;Over 80,000 people have lost their lives in Gaza, thousands more have been wounded, and millions are confined to a tiny strip of land,&rdquo; he said. &ldquo;This is not only a humanitarian tragedy but a reflection of an imperial, exploitative mentality that must end.&rdquo;&nbsp;&lsquo;T&uuml;rkiye stands with Pakistan&rsquo;&nbsp;Reaffirming T&uuml;rkiye&rsquo;s solidarity with Pakistan, Turun&ccedil; said his country has &ldquo;always stood by its brotherly nation,&rdquo; particularly in times of crisis or tension with India.&nbsp;&ldquo;Whenever we face hardship, the first country to rush to our side has always been Pakistan, both its government and its people,&rdquo; he said. &ldquo;We are brothers, and if a brother does not share in his brother&rsquo;s sorrow or joy, that cannot be called brotherhood.&rdquo;&nbsp;He recalled his first visit to Pakistan following the 2005 Kashmir earthquake, when he came as part of a Turkish humanitarian delegation.&nbsp;&ldquo;We built schools, established soup kitchens, and distributed food,&rdquo; he said. &ldquo;That bond of brotherhood was not symbolic.&rdquo;&nbsp;&ldquo;It was lived and felt on the ground.&rdquo;&nbsp;Turun&ccedil; emphasized that both countries must continue to expand cooperation in areas such as economic development, energy, and humanitarian work.&nbsp;&ldquo;Each country should make use of its own resources to improve the lives of its citizens,&rdquo; he said. &ldquo;No state should covet the wealth of another, that is what separates sovereignty from imperialism.&rdquo;&nbsp;The July 15 Association is a leading non-governmental organization in T&uuml;rkiye, established after the failed 2016 coup attempt, which left more than 250 people dead and thousands injured. The association works to commemorate the martyrs and veterans of that night, support their families, and preserve the memory of the public&rsquo;s resistance as a defining moment in T&uuml;rkiye&rsquo;s democratic history.&nbsp;On the night of July 15, 2016, a faction within the Turkish military attempted to overthrow the elected government. The attempt was thwarted after millions of civilians took to the streets in response to a call from President Recep Tayyip Erdoğan. The Turkish government blames the coup on the G&uuml;len movement (FET&Ouml;), which has since been designated a terrorist organization by T&uuml;rkiye.&nbsp;Reflecting on those events, Turun&ccedil; said the coup attempt was &ldquo;an initiative backed by several imperial powers and carried out by traitors within the system.&rdquo;&nbsp;&ldquo;Thanks to the trust our people have in President Erdoğan, millions took to the streets,&rdquo; he said. &ldquo;The people won, the coup plotters lost. Praise be to God, there was joy and peace in our victory.&rdquo;&nbsp;He added that T&uuml;rkiye&rsquo;s experience serves as a lesson for nations like Pakistan that continue to resist foreign interference.&nbsp;&ldquo;We will never recognize any system other than democracy,&rdquo; he quoted President Erdoğan as saying. &ldquo;Those who want to abolish democracy will never be given the chance.&rdquo;&nbsp;&lsquo;World has enough for all, if shared fairly&rsquo;Calling for global cooperation and ethical resource distribution, Turun&ccedil; said the world must learn to share its wealth rather than exploit others.&nbsp;&ldquo;The world has enough resources to sustain far more than eight billion people if used wisely,&rdquo; he said. &ldquo;But the egoism of some and the exploitative mentality of others prevent fair sharing. This greed drives conflicts, occupations, and suffering, from Gaza to beyond.&rdquo;&nbsp;Concluding the interview, Turun&ccedil; expressed affection for the Pakistani people and optimism about the future of bilateral relations.&nbsp;&ldquo;The people of T&uuml;rkiye love Pakistan deeply,&rdquo; he said. &ldquo;God willing, this brotherhood will last forever, and our friendship will continue for many generations to come.&rdquo;

In a wide-ranging interview, İsmail Hakkı Turunç, president of Türkiye’s July 15 Association, praises Pakistan-Türkiye brotherhood, condemns Gaza atrocities, recalls resisting the 2016 coup, and urges world powers to end imperial exploitation and share resources equitably.

Pakistan, Türkiye stand united against imperial aggression: Turkish leader

If you&#39;re a regular online shopper, you&#39;re familiar with the frustration of hearing &quot;card not accepted&quot; just as you&#39;re about to pay. Even worse is being told, &quot;You can transfer online.&quot; Navigating banking apps and entering merchant details can be a clumsy and frustrating experience. After recently returning to Pakistan, I decided to tackle this issue. To get more insight, I interviewed Pakistan&rsquo;s Minister of State for Finance and Railways, Bilal Azhar Kiyani, on my podcast, &quot;Chatroom with Shizza.&quot; Our goal was to explore Pakistan&#39;s digital transformation plans. The vision of a cashless Pakistan A cashless future isn&#39;t just a dream; it&#39;s becoming a reality. Kiyani said the &quot;Cashless Pakistan&quot; initiative is more than just government talk. It is a top priority for the prime minister, who meets biweekly with the Cashless Economy Steering Committee. The stakes are high: increased transparency, improved efficiency, and an alarming Rs18 billion ($63.8 million) lost each year in payment processing. A unified effort: Government, telecom, and banks One of the most promising aspects of this transformation is the cooperation among key players. Major telecom companies like Jazz and Easypaisa, along with the Pakistan Banks Association, are now working together. Kiyani described the effort as a comprehensive movement, merging both government and private sector goals. The strategy is built on three main pillars, each led by a government organization. The State Bank of Pakistan aims to increase the number of merchants accepting digital payments from 500,000 to 2 million. They also want to grow digital banking users from 95 million to 120 million and double annual digital transactions from 7.5 billion to 15 billion by June 2026. Economic transparency and tax reform This transformation isn&#39;t just about technology. For instance, the Benazir Income Support Programme (BISP) is the largest social safety net in the country. Previously, it relied on cash payments, which led to issues like middlemen and mistakes. Now, 10 million beneficiaries are receiving e-wallets, making digital banking more accessible. &quot;This isn&#39;t just about technology,&quot; Kiyani said, &quot;It&#39;s about education.&quot; The new Pakistan Digital Authority will oversee digital payments and promote financial literacy across the country. Tax reform is also critical. Pakistan&#39;s tax-to-GDP ratio improved from 8.2% to 10.6% last fiscal year. Digital transactions can help with better economic documentation and fairer tax distribution. &quot;Digital payments increase transparency,&quot; Kiyani said. &quot;They reduce wrongdoing and lessen our reliance on human resources.&quot; Expected timeline The government has set an ambitious timeline. By the end of 2026, all payments involving federal, provincial, and state-owned enterprises will be digitized. They plan to subsidize QR-based payment systems for small merchants, encouraging digital payment adoption through lower processing fees. When I asked Kiyani if this effort might be too late, he remained positive. &quot;The pace has been organic,&quot; he said. &quot;But the ecosystem is maturing. The prime minister has set clear targets.&quot; The road ahead After the interview, I felt hopeful. The combination of improved infrastructure, political will, and private-sector cooperation appears stronger this time. Success will depend on effective implementation, education, and convincing everyday vendors that digital payments are not just feasible but preferable. As someone who prefers scanning to fumbling with cash, I&rsquo;ll be watching this digital revolution closely. Until then, I&rsquo;ll continue with manual transfers &mdash; and some grumbling. Catch the full episode of &quot;Chatroom with Shizza&quot; on our YouTube channel.

Business

Banking

Taxation

Pakistan’s digital payment push aims to boost digital transactions by 2026 through government-private cooperation, improving transparency, tax reform, and financial education.

Cashless Pakistan: A nation's ambitious leap toward transparency

Simran Siraj

On Eid Al-Adha, Karachi&#39;s streets transform as blacksmiths work relentlessly, market stalls spring up across neighborhoods, and a seasonal economy worth nearly $3 billion takes shape across Pakistan. From knives for sacrifice to decorative accessories for animals, stalls cater to the needs of the local communities preparing for one of the holiest days of the year.

On Eid Al-Adha, Karachi's streets transform as blacksmiths work relentlessly, market stalls spring up across neighborhoods, and a seasonal economy worth nearly $3 billion takes shape across Pakistan.

Animal accessories, blades, feed sales surge as Pakistan's $3 billion Eid Al-Adha economy kicks in

TEHRAN: Iran&#39;s football federation expects FIFA to facilitate multiple-entry visas for the United States for the Iranian national team ahead of the 2026 World Cup, its president said in a video broadcast by Iranian media Thursday. &quot;FIFA is expected to deliver a multiple-entry visa so that the players can enter (the United States) and return (to Mexico),&quot; federation president <a href="https://pakistantv.com/article/mexico-accepts-to-host-iran-during-the-world-cup-president" target="_blank" style="color:#0073e6;" rel="noopener noreferrer">Mehdi Taj</a> said.&nbsp;&lsquo;Team Melli&rsquo;Known as &quot;<a href="https://pakistantv.com/article/fifa-reveals-48-world-cup-team-base-training-sites" target="_blank" style="color:#0073e6;" rel="noopener noreferrer">Team Melli</a>&quot;, the Iranian squad had initially planned to base itself in Tucson in Arizona during the tournament, but later moved its training camp to Tijuana in Mexico, which will co-host the World Cup alongside the US and Canada. Taj previously said the move was intended to avoid complications related to US visas and to allow the squad to travel directly to Mexico aboard Iran Air flights. Iran are scheduled to play all three of their Group G matches in the United States. &quot;It is certain now that we will go to Mexico. The team is preparing,&quot; Taj said. Iran&#39;s participation in the World Cup had been uncertain for months, with a backdrop of the Middle East war triggered by the US-Israeli bombing campaign against Iran on Feb. 28. The team will open their World Cup campaign against New Zealand in Los Angeles on June 15 before facing Belgium in the same city and Egypt in Seattle later in the group stage.

Football

 Iranian squad had initially planned to base itself in Tucson in Arizona during the tournament, but later moved its training camp to Tijuana in Mexico, which will co-host the World Cup alongside the US and Canada.

Iran expects FIFA to facilitate multi-entry visa to US for team

WASHINGTON:&nbsp;The United States has arrested a former senior CIA official after a search found $40 million worth of gold bars at his home. FBI officers also seized $2 million in cash and around 35 luxury watches this month from the home of David Rush in the US state of Virginia, according to court documents. The New York Times reported on Wednesday that he was a former senior CIA official, quoting people familiar with the investigation. An FBI probe found that Rush had provided false information about his education and military background in his job application, including lying about obtaining university degrees and serving as a pilot in the navy. He also filled out fraudulent time sheets and obtained $77,000 in military leave pay by falsely claiming he was a member of the navy reserves, according to the affidavit. The document describes Rush as a former senior employee at a US government agency with top secret clearance and access to classified information. Over $40 millionHe was arrested on May 19 and charged with theft of government money.&nbsp;A lawyer for Rush declined to comment to the Times. From last November to this March, Rush made several requests to his employer for &quot;a significant quantity of foreign currency and tens of millions of dollars in gold bars for work-related expenses.&quot; The affidavit says that Rush received the cash and gold, without giving further information on why he needed them. The gold and most of the cash were later found to be missing from a storage space at the official&#39;s workplace, triggering a search of his home which discovered around 303 gold bars -- worth over $40 million.&nbsp;

Americas

FBI officers also seize $2 million in cash and around 35 luxury watches this month from the home of David Rush in the US state of Virginia, according to court documents.

US arrests ex-CIA official with $40M in gold at home

Web Desk

ISLAMABAD: Pakistan&rsquo;s Prime Minister Shehbaz Sharif said that Youm-e-Takbeer (28 May) remains a powerful symbol of national unity, unwavering resolve, and collective strength. He emphasized that it reflects Pakistan&rsquo;s commitment to safeguarding its independence while ensuring peace and strategic stability in the region. Youm-i-Takbeer commemorates May 28, 1998, when Pakistan became a nuclear power following atomic tests conducted in the Chagai Hills of Balochistan. Sharif, in his message shared on X on the occasion of Youm-e-Takbeer, said, &ldquo;28 May 1998 was a defining moment in our national history - a day when Pakistan demonstrated to the world that it would never compromise on its sovereignty, security, dignity, or right to self-defence.&rdquo;<div class="fr-embed"><div class="twitter-tweet twitter-tweet-rendered" style="display: flex; max-width: 550px; width: 100%; margin-top: 10px; margin-bottom: 10px;"><iframe id="twitter-widget-3" scrolling="no" frameborder="0" allowfullscreen="true" title="X Post" src="https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-3&features=eyJ0ZndfdGltZWxpbmVfbGlzdCI6eyJidWNrZXQiOltdLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X2ZvbGxvd2VyX2NvdW50X3N1bnNldCI6eyJidWNrZXQiOnRydWUsInZlcnNpb24iOm51bGx9LCJ0ZndfdHdlZXRfZWRpdF9iYWNrZW5kIjp7ImJ1Y2tldCI6Im9uIiwidmVyc2lvbiI6bnVsbH0sInRmd19yZWZzcmNfc2Vzc2lvbiI6eyJidWNrZXQiOiJvbiIsInZlcnNpb24iOm51bGx9LCJ0ZndfZm9zbnJfc29mdF9pbnRlcnZlbnRpb25zX2VuYWJsZWQiOnsiYnVja2V0Ijoib24iLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X21peGVkX21lZGlhXzE1ODk3Ijp7ImJ1Y2tldCI6InRyZWF0bWVudCIsInZlcnNpb24iOm51bGx9LCJ0ZndfZXhwZXJpbWVudHNfY29va2llX2V4cGlyYXRpb24iOnsiYnVja2V0IjoxMjA5NjAwLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X3Nob3dfYmlyZHdhdGNoX3Bpdm90c19lbmFibGVkIjp7ImJ1Y2tldCI6Im9uIiwidmVyc2lvbiI6bnVsbH0sInRmd19kdXBsaWNhdGVfc2NyaWJlc190b19zZXR0aW5ncyI6eyJidWNrZXQiOiJvbiIsInZlcnNpb24iOm51bGx9LCJ0ZndfdXNlX3Byb2ZpbGVfaW1hZ2Vfc2hhcGVfZW5hYmxlZCI6eyJidWNrZXQiOiJvbiIsInZlcnNpb24iOm51bGx9LCJ0ZndfdmlkZW9faGxzX2R5bmFtaWNfbWFuaWZlc3RzXzE1MDgyIjp7ImJ1Y2tldCI6InRydWVfYml0cmF0ZSIsInZlcnNpb24iOm51bGx9LCJ0ZndfbGVnYWN5X3RpbWVsaW5lX3N1bnNldCI6eyJidWNrZXQiOnRydWUsInZlcnNpb24iOm51bGx9LCJ0ZndfdHdlZXRfZWRpdF9mcm9udGVuZCI6eyJidWNrZXQiOiJvbiIsInZlcnNpb24iOm51bGx9fQ%3D%3D&frame=false&hideCard=false&hideThread=false&id=2059882929031880861&lang=en&origin=https%3A%2F%2Fmain.d1wrm1qseko1cp.amplifyapp.com%2Fdashboard%2F&sessionId=9cfb5131b4917d6a01888e54fe609d9c3fc3c6d8&theme=light&widgetsVersion=6a3ad42b224df%3A1778106238597&width=550px" style="position: static; visibility: visible; width: 550px; height: 369px; display: block; flex-grow: 1;"></iframe></div></div>&ldquo;As we commemorate Youm-e-Takbeer today, we pay glowing tribute to Shaheed Zulfikar Ali Bhutto, who laid the foundation of Pakistan&rsquo;s nuclear programme, and to Quaid Muhammad Nawaz Sharif, whose bold, courageous, and resolute leadership in May 1998 transformed that vision into reality despite immense international pressure.&rdquo;&nbsp;&lsquo;Symbol of national unity&rsquo;&nbsp;Sharif said, &ldquo;We also honour Dr. Abdul Qadeer Khan, Dr. Samar Mubarakmand and the countless brilliant scientists, engineers, valiant armed forces personnel, and all those associated with the nuclear programme, whose dedication, sacrifice, and unwavering commitment made Pakistan&rsquo;s defence invincible.&rdquo; The prime minister said, &ldquo;Youm-e-Takbeer remains a symbol of national unity, unwavering resolve, and the collective strength of all elements of national power in safeguarding Pakistan&rsquo;s independence while ensuring peace and strategic stability in the region.&rdquo; &ldquo;On this historic day, let us renew our pledge to build a strong, prosperous, united, and self-reliant Pakistan founded on faith, unity, and discipline,&rdquo; he said. Effective deterrence doctrine&nbsp;In a separate message shared on X, Pakistan President Asif Ali Zardari said, &ldquo;Youm-e-Takbeer revalidates our effective deterrence doctrine, which is indispensable to maintain regional peace and stability.&rdquo;<div class="fr-embed"><div class="twitter-tweet twitter-tweet-rendered" style="display: flex; max-width: 550px; width: 100%; margin-top: 10px; margin-bottom: 10px;"><iframe id="twitter-widget-4" scrolling="no" frameborder="0" allowtransparency="true" allowfullscreen="true" title="X Post" src="https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-4&features=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%3D%3D&frame=false&hideCard=false&hideThread=false&id=2059711831988654371&lang=en&origin=https%3A%2F%2Fmain.d1wrm1qseko1cp.amplifyapp.com%2Fdashboard%2F&sessionId=9cfb5131b4917d6a01888e54fe609d9c3fc3c6d8&theme=light&widgetsVersion=6a3ad42b224df%3A1778106238597&width=550px" style="position: static; visibility: visible; width: 550px; height: 921px; display: block; flex-grow: 1;" data-tweet-id="2059711831988654371"></iframe></div></div>He said, &ldquo;The wars of present age, and future, are likely to consist of multi-domain operations, where, alongside nuclear deterrence, cyber warfare, artificial intelligence, drones and modern technologies are deemed to play a decisive role.&rdquo; The president said, &ldquo;Pakistan&rsquo;s armed forces have Al Hamd-o-Lillah equipped themselves with such expertise and professionalism related to all fields of battle and they have demonstrated their skills and capabilities during the Marka-e-Haq last year.&rdquo;&nbsp;&lsquo;Responsible and peace loving&rsquo;He said, &ldquo;Pakistan harbours no aggressive designs against anyone. We are a responsible and peace-loving nation as we respect international norms and laws.&rdquo; President Zardari said, &ldquo;We reserve the right of self defence under Article 50 of UN charter.&rdquo; &ldquo;Exercising this right Pakistan last year gave a crushing blow to the Indian aggression during Operation Bunyanum Marsoos.&rdquo; &ldquo;Our victory in Marka-e-Haq was the result of national unity, courage and professional excellence of our armed forces,&rdquo; he said. &#39;Unwavering resolve&#39;On the 28th anniversary of Youm-e-Takbeer, Field Marshal Syed Asim Munir, COAS and CDF, Admiral Naveed Ashraf, Chief of the Naval Staff, Air Chief Marshal Zaheer Ahmed Baber Sidhu, Chief of the Air Staff, on behalf of Armed Forces of Pakistan, extended heartfelt felicitations to the people of Pakistan, said a statement released by Pakistan military&#39;s media wing, the Inter-Services Public Relations (ISPR) on Wednesday. Youm-e-Takbeer, &quot;symbolizes the nation&rsquo;s unity, resilience and unwavering commitment to safeguarding its sovereignty, territorial integrity and national honour,&quot; the statement said. &quot;The Armed Forces of Pakistan reaffirm their unwavering resolve to defend the motherland against all threats and remain committed to ensuring the security, stability and prosperity of the nation,&quot; the press release said.

Security

Says, ‘We honor Dr Abdul Qadeer Khan, Dr Samar Mubarakmand and the countless brilliant scientists, engineers, valiant armed forces personnel, and all those associated with the nuclear programme.’

Youm-e-Takbeer symbolizes unity, resolve and strategic stability, says Pakistan PM

ISLAMABAD: Kashmiri leader Mirwaiz Umar Farooq has condemned the Indian authorities&rsquo; denial of Eid prayers at Eidgah and Jamia Masjid for the eighth consecutive year in Indian Illegally Occupied Jammu and Kashmir (IIOJK). The Kashmiri leader, in a post on X on Wednesday, stated: &ldquo;For the 8th consecutive year, Muslims of <a href="https://pakistantv.com/article/former-occupied-kashmir-cm-abdullah-survives-attempt-on-life-man-arrested" target="_blank" style="color:#0073e6;" rel="noopener noreferrer">Kashmiris</a> have been denied the right to offer Eid prayers at the historic&nbsp;<a href="https://pakistantv.com/article/bjp-targeting-islamic-institutions-to-erase-iiojk-identity-says-former-cm" target="_blank" style="color:#0073e6;" rel="noopener noreferrer">Eidgah/Jama Masjid</a>, and I have been placed under house arrest.&rdquo;<div class="fr-embed"><div class="twitter-tweet twitter-tweet-rendered" style="display: flex; max-width: 550px; width: 100%; margin-top: 10px; margin-bottom: 10px;"><iframe id="twitter-widget-2" scrolling="no" frameborder="0" allowtransparency="true" allowfullscreen="true" title="X Post" src="https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-2&features=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%3D%3D&frame=false&hideCard=false&hideThread=false&id=2059492307200868521&lang=en&origin=https%3A%2F%2Fmain.d1wrm1qseko1cp.amplifyapp.com%2Fdashboard%2F&sessionId=9cfb5131b4917d6a01888e54fe609d9c3fc3c6d8&theme=light&widgetsVersion=6a3ad42b224df%3A1778106238597&width=550px" style="position: static; visibility: visible; width: 550px; height: 648px; display: block; flex-grow: 1;" data-tweet-id="2059492307200868521"></iframe></div></div>&lsquo;Assault on religious identity&rsquo;&nbsp;He said, &ldquo;On the revered and celebratory occasion of Eid, Muslims of Kashmir are greeted with barricades, restrictions, locked gates and intimidation.&rdquo; Farooq further said, &ldquo;This is not governance; it is a systematic assault on our religious identity, dignity and fundamental rights which deeply hurts us.&rdquo;&nbsp;A generation deprived&nbsp;The Kashmiri leader lamented, &ldquo;It is very unfortunate that children in Kashmir are growing up without witnessing the spiritually uplifting Eid prayers at Eidgah and the festivities thereof.&rdquo; &ldquo;An entire generation is being deprived of knowing their traditions and making memories that have shaped our collective life for centuries.&rdquo; Farooq said, &ldquo;But let those in power know that no power on earth can erase the deep spiritual bond people of Kashmir share with Eidgah, Jama Masjid and their religious institutions.&rdquo; &ldquo;Faith cannot be imprisoned or suppressed through force,&rdquo; he said in his social media post.

The Kashmiri leader, in a post on X on Wednesday, stated, 'For the 8th consecutive year, Muslims of Kashmiris have been denied the right to offer Eid prayers at the historic Eidgah/Jama Masjid, and I have been placed under house arrest.'

Mirwaiz condemns continued Eid prayer ban at Jamia Masjid in occupied Kashmir

HONG KONG:&nbsp;Oil prices bounced higher on Thursday while Asian stocks mostly fell, as new US strikes on Iran marked the latest test of a shaky ceasefire in the Middle East war. The price jumps erased much of Wednesday&#39;s declines on the hopes of an imminent deal to end the conflict that has all but halted shipping through the crucial <a href="https://pakistantv.com/article/asia-stocks-oil-prices-mixed-on-usiran-deal-uncertainty" target="_blank" style="color:#0073e6;" rel="noopener noreferrer">Strait of Hormuz</a> for months. An American official said the military had shot down four Iranian drones and struck a control center in the southern city of Bandar Abbas. The official, speaking to AFP on condition of anonymity, described the latest actions as &quot;measured, purely defensive, and intended to maintain the ceasefire&quot;. Tehran&#39;s state media said Iranian forces had fired at four ships in the strait, while Kuwait said its air defenses were responding to missile and drone attacks. The developments came despite an Iranian official saying renewed hostilities with the United States were unlikely, and a threat from US President Donald Trump to &quot;finish the job&quot; if a peace deal was not reached.&nbsp;Mixed signals&nbsp;The mixed signals underscored the fragile state of talks aimed at ending the Middle East war, which has profoundly shaken <a href="https://pakistantv.com/article/oil-falls-asian-stocks-climb-on-hopes-of-usiran-hormuz-deal" target="_blank" style="color:#0073e6;" rel="noopener noreferrer">global energy markets</a>. Brent North Sea crude, the main international benchmark, rose by 1.8% in Thursday morning trade to $95.95 a barrel, while the main US contract, WTI, increased by 1.7% to $90.17. Stock markets across Asia were mostly down, with Hong Kong&#39;s Hang Seng index dipping more than 1.5%. Seoul was down nearly one percent, while Shanghai ticked 0.3% lower. Taipei&#39;s main index gained more than one percent, while Tokyo was flat at the midday break. The declines came after a strong day for global stocks on Wednesday, as investors, bullish on artificial intelligence, looked past the conflicting headlines on Iran. In Asia, South Korean chipmaker SK hynix hit a $1 trillion market capitalization, placing it alongside regional tech heavyweights Samsung Electronics and TSMC, as well as US chipmaker Micron. The tech surge has coincided with a persistent spike in energy prices, which has threatened several major Asian economies that rely on oil shipments from the Middle East. Economists warn that central banks may have to raise interest rates if inflation worsens as a result of the war, increasing borrowing costs and potentially weighing on economic growth. On Wednesday, &quot;every headline pulled the market in a different direction, leaving traders with the same conclusion they have been wrestling with for weeks&quot;, said Stephen Innes at SPI Asset Management. &quot;The Strait may eventually reopen fully, but until there is something more concrete than draft frameworks and political theatre, every barrel remains hostage to headline volatility, even if sub-$100,&quot; he said. <h2 style="line-height: 2;">Key figures at around 0230 GMT&nbsp;</h2>Brent North Sea Crude: UP 1.8% at $95.95 a barrel West Texas Intermediate: UP 1.7% at $90.17 a barrel Tokyo - Nikkei 225: FLAT at 64,980.63 points Hong Kong - Hang Seng Index: DOWN 1.5% at&nbsp;24,943.99 Shanghai - Composite: DOWN 0.3% at&nbsp;4,082.86 Euro/dollar: DOWN at $1.1614 from $1.1629 on Wednesday Pound/dollar: DOWN at $1.3405 from $1.3434 Dollar/yen: UP at 159.54 from 159.53 yen Euro/pound: UP at 86.64 from 86.59 pence New York - DOW: UP 0.4% at 50,644.28 (close) London - FTSE 100: UP 0.1% at 10,505.01 (close)

The mixed signals underscored the fragile state of talks aimed at ending the Middle East war, which has profoundly shaken global energy markets.

Oil prices bounce higher after new US strikes on Iran   

Pakistan TV Digital&#39;s Faraz Saeed marks Eid Al-Adha in Dushanbe, Tajikistan, offering prayers at the central mosque while covering the International Water Conference 2026.

Asia

Pakistan TV Digital's Faraz Saeed marks Eid Al-Adha in Dushanbe, Tajikistan, offering prayers at the central mosque while covering the International Water Conference 2026.


Eid Al-Adha in Dushanbe: Pakistan TV Digital's Faraz Saeed joins prayers at landmark central mosque

Muhammad Usman Amin

As Eid Al-Adha is celebrated across Pakistan, markets stocked up on everything from sacrificial knives and cleavers to barbecue skewers, grills, and charcoal.&nbsp; Peshawar&#39;s Reti Bazar emerged as a key hub for sacrificial tools and barbecue gear, with ironmongers and wholesalers moving 1&ndash;2 tons of skewers per shop daily to meet the national demand.

Peshawar's Reti Bazar emerged as a key hub for sacrificial tools and barbecue gear, with ironmongers and wholesalers moving 1–2 tons of skewers per shop daily to meet the national demand.



Peshawar's Reti Bazar braces for Eid rush as demand for sacrificial tools, barbecue gear surges

Asfandyar Yahya

Eid ul-Adha goes back 4,000 years to Prophet Ibrahim&#39;s test of devotion.&nbsp; Today in Pakistan alone, over six million animals are sacrificed across three days, with 1.8 billion dollars changing hands and one-third of all meat distributed directly to those who cannot afford it.

Tell Me Why

Today in Pakistan alone, over six million animals are sacrificed across three days, with 1.8 billion dollars changing hands and one-third of all meat distributed directly to those who cannot afford it.



Tell Me Why: We celebrate Eid al-Adha

Web Desk/AFP

Middle East

The US military shot down four drones launched from Iran and struck a control center in the port city of Bandar Abbas; Iranian forces fire at four ships attempting to cross the Strait of Hormuz; Israel's military issues evacuation warning for residents of the city of Tyre in southern Lebanon.







Articles by Shizza Jasmin