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India Announces Record Budget Allocations for Infrastructure and Defence
Posted onThe Indian government has unveiled a record budget for the financial year 2026-27, allocating $133 billion (approximately ₹12.2 lakh crore) for infrastructure and $85 billion (approximately ₹7.85 lakh crore) for defence. This represents an increase of around 9% in infrastructure spending and 15% in defence expenditure compared to the previous year.Presenting the Union Budget in…
Pakistan’s Debt-to-GDP Ratio Falls from Over 74% to 70%: Finance Minister
Posted onAlUla, Saudi Arabia, February 9, 2026 — Pakistan’s Federal Minister for Finance Muhammad Aurangzeb announced at the AlUla Conference in Saudi Arabia that the country’s debt-to-GDP ratio has declined to 70 percent, down from over 74 percent in the previous period.Speaking to an international audience, the Finance Minister attributed the improvement to deliberate policy measures,…
IG Punjab Listens to Issues of Police Employees, Orders Immediate Relief
Posted onBy Muhammad Shahzad | Lahore, PakistanLAHORE: Abdul Kareem, Inspector General of Police (IGP) Punjab, held an open meeting with police personnel and their family members at the Central Police Office, where he listened to their concerns and issued directives for immediate relief.During the session, the IG Punjab reviewed multiple individual requests and instructed senior officers…
CM Prioritizes Safety SOPs at Construction Sites: Minister
Posted onBy Farzana Chaudhry | Lahore, PakistanLAHORE: Punjab Minister for Communications and Works Malik Sohaib Ahmed Bharth has said that the provincial government is giving top priority to the implementation of safety standard operating procedures (SOPs) at construction sites across the province, in line with the vision of Chief Minister Maryam Nawaz Sharif.The remarks came during…
Germany: Key Financial and Tax Changes Take Effect in February 2026
Posted onGermany has implemented several important financial and tax adjustments starting February 2026, affecting salaries, health insurance contributions, and cryptocurrency reporting rules. Many employees are already experiencing a “pay slip shock” as their net take-home pay appears lower than expected.Basic tax-free allowance (Grundfreibetrag) increasedThe annual tax-free threshold has risen from €12,096 to €12,348. This means no…
Ukraine strikes cargo ships and admits Romania drone blast
Posted onEarlier, Robert Brovdi, Ukraine’s drone commander, announced that five “illegally loitering vessels” had been struck overnight in the ports of Mariupol, Berdyansk and in the coastal waters of what Ukraine calls the “temporarily occupied territories” – parts of the country that Russia currently controls.
