National

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    Mir Raza’s mysterious death exposes crores d…

    Investigators have uncovered new evidence in the mysterious death of Karachi resident Mir Raza Ali, whose body was found in Gulistan-e-Jauhar, as police continue to investigate whether he was murdered or died by suicide. According to investigation sources, CCTV footage obtained by police shows Mir Raza leaving his shop near Bahadurabad at around 3:30am on July 29 after taking a security guard’s pistol from a drawer. He then drove to his home, where he left behind his car, smartwatch, house keys, and Rs39,000 before booking an online taxi. Police said Mir Raza departed his home at 4:08am and headed toward Gulistan-e-Jauhar alone. CCTV footage also captured him walking by himself in the area. His mobile phone was switched off at around 4:22am near Johar Mor Hilltop, and he was dropped off in Block 2 of Gulistan-e-Jauhar at approximately 4:28am. Authorities are still trying to determine whether Mir Raza was killed or took his own life. Investigation sources said Mir Raza was involved in the digital currency business in addition to his other commercial ventures. He had reportedly managed investments for several people and regularly paid profits to investors. However, officials said his digital currency business began suffering losses in December 2025, with financial difficulties worsening significantly in April 2026. To cover the losses, he allegedly started borrowing money and eventually accumulated debts estimated between Rs50 million and Rs80 million. Sources further claimed that an overseas friend invested Rs7.5 million in his business but did not receive the promised returns. Police have also recorded the statement of Mir Raza’s fiancée. According to investigators, the two remained in contact until around 11:30pm on July 28. She attempted to contact him again at around 3:00am, making more than 40 calls and sending numerous messages within 20 minutes, but received no response. Investigators also revealed that Mir Raza had deleted all of his social media accounts before leaving home. He reportedly transferred Rs250,000 to his father’s bank account and carried the shop security guard’s .30-bore pistol with him. While police recovered the pistol holster from the scene, the firearm itself has not yet been found. Another CCTV recording from the area where Mir Raza’s body was discovered has provided a new lead. The footage shows a motorcycle arriving at the deserted location at 3:36am on July 29 and remaining there for approximately 22 seconds before leaving. Based on preliminary evidence, investigators suspect the body may have been dumped at the site during the early hours of July 29. They believe those involved may also have discarded the pistol holster at the scene, which could become a crucial piece of evidence. Police have expanded their investigation, using CCTV footage and other forensic evidence to identify and arrest those responsible while examining every possible angle of the case. Investigation sources also disclosed that Mir Raza had thrown away his mobile phone along University Road. The device was later found by three labourers working in the area. Police tracked down the workers and recovered the phone as part of the ongoing investigation.

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    Iran holds fresh talks with Pakistan and Saudi Ara…

    ISLAMABAD: Iran has intensified its diplomatic engagement with key regional partners by holding another round of high-level discussions with Pakistan and Saudi Arabia, as efforts continue to ease tensions and prevent a wider conflict in the Middle East. According to Iranian state media, Foreign Minister Abbas Araghchi spoke by telephone on Monday with Pakistan’s Field Marshal Syed Asim Munir and Saudi Foreign Minister Prince Faisal bin Farhan. The conversations marked the second round of talks between the leaders within 24 hours, reflecting the urgency of ongoing diplomatic initiatives aimed at preserving regional peace and stability. During the discussions, the leaders exchanged views on the latest political and diplomatic developments and stressed the importance of strengthening regional cooperation to resolve tensions through dialogue rather than confrontation. They agreed that political engagement remains the most effective path toward ensuring lasting security across West Asia. The renewed diplomatic outreach comes shortly after US President Donald Trump announced that Washington had suspended planned military strikes against Iran and would resume negotiations with Tehran. While Trump claimed that regional countries had helped establish the framework for renewed talks, Iran rejected suggestions that it had requested a pause in hostilities. Nevertheless, Tehran has continued consultations with influential regional capitals to support diplomatic efforts. The upcoming negotiations between the United States and Iran are expected to focus on Tehran’s nuclear program and the future of the Strait of Hormuz, one of the world’s most strategically important maritime trade routes. The waterway remains under heavy international attention due to its critical role in global oil and liquefied natural gas shipments. Iran has maintained that any military action by the United States, Israel, or any regional country supporting such operations would receive a firm and proportionate response. The warning follows months of heightened confrontation that began after military operations launched by the United States and Israel earlier this year, citing concerns over Iran’s missile capabilities, nuclear ambitions, and support for allied armed groups. The prolonged conflict has disrupted shipping across the Gulf and Red Sea, pushed global energy prices higher, and increased fears of broader regional instability. Although Washington has repeatedly signaled the possibility of military escalation, diplomatic channels remain active as regional powers work to prevent the crisis from expanding further. With fresh talks now on the horizon, Iran’s latest engagement with Pakistan and Saudi Arabia underscores the growing role of regional diplomacy in seeking a peaceful resolution to one of the Middle East’s most challenging security crises.

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    Sharmila Faruqui alleges AJK poll rigging

    Pakistan Peoples Party (PPP) leader Sharmila Faruqui has alleged that her party believes in the power of the vote, while the Pakistan Muslim League-Nawaz (PML-N) relies on other means to secure political success. Speaking during a television programme on Monday, Faruqui claimed that an atmosphere of fear and intimidation was created in Azad Jammu and Kashmir (AJK), giving the impression that the election mandate had already been secured. She argued that announcements of development initiatives, including Green Bus projects, before polling day amounted to pre-poll rigging. According to her, even if the PML-N succeeds in forming a government in AJK with the current mandate, it will struggle to effectively serve the people. Faruqui also questioned the handling of polling in constituencies where the PPP traditionally enjoys strong public support. She alleged that polling staff arrived late in several such areas, raising concerns about the transparency of the electoral process. Referring to the killing of a PPP worker, she claimed that the incident was initially described as resulting from either a push or a heart attack, despite the party maintaining that the worker had been deliberately targeted. The PPP leader further said the AJK elections should not be viewed through the political lens of Lahore or Karachi, as the region has its own unique issues and priorities. She maintained that the people of Azad Kashmir have a longstanding bond with the PPP and asserted that no other political party enjoys the same level of public support in the region. The PML-N has not publicly responded to Faruqui’s allegations. Meanwhile, results from the second phase of the AJK elections continue to emerge, with the PML-N maintaining a clear lead according to unofficial results.

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    Cotton prices rise further across Pakistan

      Cotton prices have continued their upward movement in Pakistan, with rates increasing by Rs500 per maund as the market remains firm amid changing supply and demand conditions. According to Ehsan-ul-Haq, chairman of the Exchange Ginners Forum (EGF), the price of cotton in Punjab has risen to Rs19,300 per maund, while rates in Sindh have reached Rs18,400 per maund. The latest increase highlights the continued volatility in the domestic cotton market, where prices have been fluctuating in response to market activity and the availability of quality cotton. Ginners and traders are closely monitoring the situation as changes in supply and buying interest continue to influence prices across major cotton-producing regions. Punjab and Sindh remain key cotton-producing areas in the country, and movements in prices in these provinces often have a direct impact on the wider textile and agricultural sectors. The textile industry, one of Pakistan’s major economic sectors, relies heavily on a steady supply of locally produced cotton to meet the demand for yarn and other textile products. Ehsan-ul-Haq said the market could experience further fluctuations in the coming days. He noted that cotton prices may remain sensitive to changes in supply, demand and overall trading activity. Market participants are now watching developments closely to assess whether the recent rise will continue or whether prices will stabilise after the latest increase. Any significant change in cotton availability or buying trends could lead to further movement in rates, adding to uncertainty for growers, ginners, traders and textile manufacturers. The latest price increase comes at a time when stakeholders across the cotton supply chain are keeping a close eye on market conditions. Further developments in domestic trading activity are expected to determine the direction of cotton prices in the near term.

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    New provinces debate gains momentum as coalition p…

    A renewed debate over the creation of new provinces in Pakistan has gathered political momentum after two major coalition partners publicly endorsed Interior Minister Mohsin Naqvi’s proposal to restructure the country’s administrative system. However, the ruling Pakistan Muslim League-Nawaz (PML-N) has yet to officially comment, fueling speculation over its stance on the sensitive issue. The discussion began after Naqvi argued that Pakistan’s existing administrative framework had become ineffective and called for a national consensus on establishing smaller provinces to improve governance and public service delivery. His remarks quickly drew support from coalition allies, including the Muttahida Qaumi Movement-Pakistan (MQM-P) and the Istehkam-e-Pakistan Party (IPP). Federal Health Minister Mustafa Kamal described the proposal as an urgent national necessity rather than a political choice, stressing that decentralizing administrative powers was essential for effective governance. The MQM-P has long advocated the creation of an additional province in Sindh, making the party one of the strongest supporters of the initiative. Privatization Minister Abdul Aleem Khan of the IPP also endorsed the proposal, suggesting that each of Pakistan’s four existing provinces could eventually be divided into three administrative regions. He argued that smaller provinces would bring government closer to the people and reduce the hardships faced by citizens traveling long distances to provincial capitals. Despite growing support from coalition partners, the proposal faces significant constitutional and political challenges. Any change to provincial boundaries requires a two-thirds majority in the affected provincial assembly, making consensus difficult to achieve. The Pakistan Peoples Party (PPP), which governs Sindh and is also part of the federal coalition, has expressed strong reservations, warning that such a move could create more problems than solutions. Opposition leaders have also criticized the proposal, arguing that the government lacks the political mandate for such a major constitutional change. They insist that strengthening democratic institutions and improving governance should take priority over redrawing provincial boundaries. Political analysts have offered differing views on the initiative. Some believe creating new provinces could deepen ethnic and regional divisions, while others see the debate as an attempt to shift public attention away from pressing national issues, including recent unrest in Azad Jammu and Kashmir and ongoing security challenges in Balochistan. Many experts argue that empowering local governments under the 18th Constitutional Amendment would be a more practical and effective way to improve governance without altering provincial boundaries. Mustafa Kamal also acknowledged that stronger local governments are essential regardless of whether new provinces are eventually created. With the PML-N maintaining silence and key coalition partners taking opposing positions, the proposal has opened a fresh political debate that is likely to remain at the center of Pakistan’s national discourse in the coming months.

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    Private sector lending surges 15% in FY2025–26, …

    Pakistan’s private sector borrowing recorded its strongest growth in four years during the fiscal year 2025–26, signaling renewed business confidence and improving economic activity, according to Adviser to the Finance Minister Khurram Shahzad. Shahzad said private sector credit expanded by nearly 15 percent over the fiscal year, with total lending reaching Rs1.138 trillion. He described the increase as a positive indicator of strengthening economic momentum, driven by greater financial support for businesses and productive sectors. According to the adviser, around 89 percent of the new loans were directed toward key segments of the economy, including manufacturing, wholesale and retail trade, and agriculture. These sectors have played a central role in boosting production, expanding commercial activity, and encouraging private investment. The manufacturing sector emerged as the largest beneficiary, receiving Rs657 billion in fresh financing. Shahzad noted that the substantial flow of credit reflects increased industrial expansion, higher production capacity, and growing confidence among manufacturers. He added that improved access to financing for the trade and agriculture sectors has further strengthened business operations and supported economic growth across the country. Shahzad emphasized that the surge in private sector lending demonstrates rising investor confidence and reflects Pakistan’s continued progress toward greater economic stability, stronger industrial performance, and a more resilient business environment.

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    Lahore police launch major crackdown on loan shark…

    Lahore Police have launched a large-scale operation against illegal moneylenders and their facilitators as part of an intensified effort to protect citizens from financial exploitation, harassment, and intimidation. Authorities have directed police across the city to register cases without discrimination against individuals involved in illegal lending practices, particularly those accused of threatening, blackmailing, or harassing borrowers. The campaign aims to curb predatory lending and ensure strict legal action against offenders. DIG Operations Faisal Kamran said there would be zero tolerance for moneylenders who recover amounts far exceeding the original loans through coercive and unlawful means. He emphasized that no concessions would be granted to those exploiting financially vulnerable people. To strengthen access to justice, Lahore Police have also partnered with the Lahore Bar through a newly signed memorandum of understanding. Under the agreement, deserving and financially disadvantaged citizens will be referred, with their consent, to a panel of lawyers who will provide free legal representation in civil cases. Faisal Kamran added that legal experts have also been engaged to assist in disputes involving inheritance, the return of dowry items, and financial transactions. He assured that police would continue to monitor such cases closely to ensure that victims receive timely justice and legal protection. The initiative reflects Lahore Police’s broader commitment to tackling financial crimes while expanding legal support for vulnerable members of society.

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    New CCTV footage emerges in Mir Raza Ali murder in…

    Fresh CCTV footage has surfaced in the investigation into the murder of Mir Raza Ali, providing investigators with another potential lead as police continue to examine the circumstances surrounding his death. The newly obtained footage, captured by a surveillance camera overlooking the area where Ali’s body was discovered, shows a motorcycle stopping briefly at the location. According to investigators, the recording is timestamped at 3:36 a.m. on July 29, with the motorcycle remaining at the scene for approximately 20 seconds before leaving. Due to poor lighting, the footage does not clearly reveal the number of people riding the motorcycle or provide any identifying details, making further forensic analysis necessary. Mir Raza Ali, a resident of Karachi’s Pakistan Employees Cooperative Housing Society (PECHS), went missing on July 28 after leaving his home at around 4:09 a.m. in an online taxi. His body was found two days later in Gulistan-e-Jauhar. Police said the victim had sustained a gunshot wound to the chest, and his body was recovered in a severely deteriorated condition, indicating that it had remained at the location for some time before being discovered. Investigators have also revealed that all of Mir Raza Ali’s social media accounts were deactivated a day before his body was found, adding another element to the ongoing probe. Authorities are continuing to review CCTV footage, forensic evidence, and digital records as they work to determine the motive behind the killing and identify those responsible for the crime.

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    PM Shehbaz congratulates PML-N on AJK election vic…

    ISLAMABAD: Prime Minister Shehbaz Sharif has congratulated the Pakistan Muslim League-Nawaz (PML-N) on its strong performance in the second phase of the Azad Jammu and Kashmir (AJK) elections. In a statement, the prime minister extended his congratulations to PML-N President Nawaz Sharif and all successful party candidates, praising their efforts during the election campaign. Shehbaz Sharif said he wholeheartedly congratulated every winning PML-N candidate, adding that the party’s continued electoral success was the result of the hard work and dedication of Nawaz Sharif and the entire PML-N team. He said the party had run a highly successful election campaign in Azad Jammu and Kashmir under Nawaz Sharif’s leadership, describing the victory as a clear expression of the people’s confidence in the PML-N’s policies and vision. The prime minister reiterated that the development and prosperity of Azad Kashmir, along with the welfare of its people, remain among the federal government’s top priorities. He also noted that political parties actively participated in the second phase of the AJK elections, describing the electoral process as an important democratic exercise.

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    CJP Yahya Afridi begins two-day hearing at Karachi…

    Chief Justice of Pakistan Justice Yahya Afridi arrived in Karachi on Monday to preside over a two-day sitting of the Supreme Court’s Karachi Registry. Following his arrival, the Supreme Court issued the official cause list outlining the benches that will hear a wide range of civil and criminal cases during the proceedings. According to the cause list, Bench No. 1 will be headed by Chief Justice Yahya Afridi and include Justice Musarrat Hilali. The bench will hear several important civil and criminal matters listed before the Karachi Registry over the next two days. Bench No. 2 will comprise Justice Muneeb Akhtar and Justice Jamal Khan Mandokhail. The judges will hear cases assigned to them under the published schedule and dispose of pending matters brought before the court. Bench No. 3 will consist of Justice Muhammad Ali Mazhar, Justice Irfan Saadat Khan and Justice Aqeel Ahmed Abbasi. The three-member bench is also expected to hear a number of civil and constitutional cases during the two-day session. The Karachi Registry is scheduled to hear a variety of petitions and appeals filed by individuals, government departments and private parties. The hearings are part of the Supreme Court’s regular judicial work aimed at ensuring timely disposal of pending cases across the country. Lawyers and litigants are expected to appear before the respective benches according to the published cause list. The two-day sitting will provide an opportunity for the court to hear several pending matters and issue rulings in accordance with the law. The Supreme Court periodically holds sittings at its regional registries to improve access to justice and reduce the backlog of cases. The Karachi Registry remains one of the court’s busiest benches, handling a significant number of legal disputes from Sindh and surrounding areas. During the current session, the three benches will conduct hearings simultaneously to ensure efficient disposal of cases listed before the court.