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November 5, 2026
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Syeda Uswa Fatima Kazmi

NewsruptArticles by: Syeda Uswa Fatima Kazmi
State Bank of Pakistan introduces a Rs20 billion minimum capital requirement for banks, with a compliance deadline of December 2030.
Economy & Policy

SBP Raises Bank Capital Requirement to Rs20 Billion by 2030

The State Bank of Pakistan (SBP) has raised the minimum capital requirement for locally incorporated banks to Rs20 billion, introducing stricter financial standards to strengthen the country's banking sector. Announced on October 28, 2026, the revised rules also apply to foreign bank branches and development financial institutions (DFIs). Existing institutions...

Pakistani clean technology startups develop air pollution monitoring solutions as the government plans a $10 million clean air innovation fund.
Startups & Funding

Pakistan Plans $10 Million Clean Air Fund to Support Startups

Pakistan is planning a $10 million fund to support startups developing solutions to air pollution, as the government looks for new ways to address the country's worsening air quality. Federal Minister for Climate Change Musadik Malik announced the initiative at the Pakistan National Clean Air Conference 2026 in Islamabad on...

Rescue workers respond to a Hafizabad bus accident in Punjab, where five people were killed and 27 injured after a passenger bus plunged into a drain.
Society & Public Services

Hafizabad Bus Accident Kills Five, Injures 27 as Vehicle Falls Into Drain

At least five people were killed and 27 others injured when a passenger bus plunged into a drain in Punjab's Hafizabad district on Thursday, October 29, 2026. According to Rescue 1122, the accident occurred in the Fatehke area of Pindi Bhattian tehsil. The bus was travelling from Raiwind to Chiniot...

Police investigate the killing of two sisters, Sobia and Hira, in Karachi's Shah Faisal Colony after an alleged dispute over TikTok use.
Crime & Justice

Two Sisters Shot Dead in Karachi, Brother Accused Over TikTok Use

Two sisters were allegedly shot dead by their brother in Karachi following a dispute over TikTok use. The incident occurred on October 28, 2026, in Shah Faisal Colony, raising concerns about domestic violence and women's safety. Police have identified the victims as 25-year-old Sobia and 20-year-old Hira. Their brother, Rehan,...

Aerial view of the Ganges River and Farakka Barrage as Bangladesh urges India to renew the water-sharing treaty before December 2026.
World Politics & Diplomacy

Bangladesh Presses India to Renew Ganges Water Treaty Before December Deadline

Bangladesh is urging India to negotiate a new Ganges water-sharing agreement before the existing 30-year treaty expires on December 12, 2026. With just weeks remaining, Dhaka fears that failure to reach an agreement could worsen dry-season water shortages, damage agricultural production and threaten millions of livelihoods. The dispute comes amid...

Oil tankers and energy facilities amid rising tensions in the Middle East during the Iran-Israel war.
Conflict & Security

Iran-Israel War: Regional Tensions Rise as Diplomacy Struggles to Contain Conflict

The war involving Iran, Israel and the United States continues to threaten regional stability, energy supplies and international security. On October 27, 2026, diplomatic efforts offered some hope of easing tensions, but fresh attacks, maritime warnings and uncertainty surrounding the Strait of Hormuz kept the region on edge. Pakistan, Saudi...

State Bank of Pakistan raises its benchmark interest rate by 50 basis points to 12% amid rising inflation risks and global oil prices.
Economy & Policy

State Bank Raises Policy Rate to 12% as Inflation Risks Grow

The State Bank of Pakistan (SBP) has increased its benchmark interest rate by 50 basis points to 12% on Monday, October 26, 2026, as rising global energy prices and the ongoing Middle East conflict threaten Pakistan's inflation outlook. The decision marks the central bank's first interest rate increase since April...

Punjab CM Maryam Nawaz proposes a film royalty law to protect artists' earnings and support Pakistani cinema through production rebates.
Entertainment & Culture

Maryam Nawaz Orders Pakistan’s First Film Royalty Law, Approves Production Rebates

Punjab Chief Minister Maryam Nawaz has directed officials to prepare a Punjab film royalty law to protect artists' earnings and strengthen Pakistan's entertainment industry. The government has also approved financial incentives for Punjabi and Urdu films. These measures aim to revive local cinema, attract investment and restore Lahore's position as...

Pakistani actress Aymen Saleem joins the Pakistan Peoples Party, citing former prime minister Benazir Bhutto as her inspiration for entering politics.
Entertainment & Culture

Aymen Saleem Joins PPP, Cites Benazir Bhutto as Inspiration

Pakistani actress Aymen Saleem has officially joined the Pakistan Peoples Party (PPP), marking a new chapter in her career as she moves from the entertainment industry into politics. The Chupke Chupke star announced her decision during a press conference in Karachi, explaining that former prime minister Benazir Bhutto's political journey...

Pakistani and Qatari officials discuss trade, investment and economic cooperation in agriculture, electric vehicles, technology and infrastructure.
Industry & Trade

Pakistan and Qatar Expand Trade Talks With Focus on Agriculture, EVs and Investment

Pakistan and Qatar are exploring new opportunities to strengthen trade, attract investment and develop industrial partnerships, with agriculture, food security, electric vehicles, information technology and infrastructure emerging as major areas of cooperation. The discussions took place during the second meeting of the Pakistan-Qatar Joint Task Force on Trade and Investment...