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The metropolis of Pakistan, Karachi, received a new spell of heavy monsoon rainfall and thundershowers which turned streets and roads into pools once again. K-Electric announced power suspension in low-lying areas of the city as a safety measure, causing a major electricity breakdown in up to 60 per cent of the city. Despite this, two people died due to electrocution.
The federal government has restructured its short-term domestic debt by quietly issuing long-term Pakistan Investment Bonds (PIBs) to the central bank. This has dramatically increased the share of long-term debt to Rs15.3 trillion or 74% of the total domestic debt. This took place under a condition of the International Monetary Fund (IMF).
Four people have lost their lives in rain-related incidents in Karachi as the megalopolis experienced heavy monsoon showers for a second consecutive day. Two people died of electrocution, and two were killed in roof collapses. Animals were also killed in various rain-related incidents. Roads across the city are flooded with rainwater, while electricity supply is suspended in certain areas.
The Lahore Waste Management Company (LWMC) has decided to spray the city with rose water in order to do away with the foul smell of animal sacrifice during the Eid holidays. Additionally, the Lahore Waste Management Company and the Water and Sanitation Agency and Cantonment Boards are set to work together for cleanliness during Eid rituals of sacrifice.
According to a spokesperson of the military insurgency, Yemen’s Houthi rebels have launched a drone attack against Saudi Arabia’s Abha airport. They targeted the airport’s fuel depot and control tower. However, there has been no confirmation from Saudi authorities regarding the attack.
Authorities in Indian-occupied Kashmir say that restrictions put in place since last week, following India's decision to strip the region of its constitutional autonomy, have been eased in most parts of Srinagar ahead of the Eid ul Azha festival tomorrow (Monday). More than 250 ATMs have been made functional and bank branches have opened for people to withdraw money.
Commercial Attaché of Afghanistan in Pakistan Sameena Wadeer recently visited the Islamabad Chamber of Commerce & Industry and exchanged views with the local business community on the promotion of bilateral trade and investment prospects between the two neighbouring countries. She said that Afghanistan was introducing a lot of reforms in its business sector to promote trade activities.
Punjab Chief Minister Sardar Usman Buzdar has ordered strict actions against transporters involved in overcharging on Eid ul Azha. He has directed officers of the transport department and the administration to personally visit bus terminals and check fares. Additionally, he has directed provincial ministers to keep a check on fares as well.
An explosion involving radioactive isotopes at a Russian Arctic missile testing site killed five nuclear agency staff and affected a nearby city, which reported a spike in radiation levels. Russia’s nuclear agency Rosatom said the accident also left three additional staff members with burns and other injuries. The military had not previously described the accident as involving nuclear fuel.
India have asked the International Tennis Federation to shift their upcoming Davis Cup tie from Pakistan to a neutral venue due to the escalating political tensions between the two nations. The Indian team are scheduled to tour Islamabad for the Asia/Oceania Group 1 tie to be held on September 14 and 15. "We have asked ITF for a neutral venue," said the Indian administration.