Pakistan growth seen at 4.5% in FY2027: ADB

Flags recovery but warns inflation may rise to 6.5% by FY2027 amid global uncertainty, Middle East tensions A worker walks past inside the Asian Development Bank (ADB) headquarters in Manila. Photo: Reuters/ File Pakistan’s economy is expected to grow by 3.5% in fiscal year 2026 and 4.5% in FY2027, as a recovery in manufacturing and…

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Oil pares gains torise about 1%

Iran renewed attacks on the United Arab Emirates on Tuesday, causing oil loading at the port of Fujairah to be at least partly halted after the third attack in four days. FILE IMAGE: PIXABAY HOUSTON: Oil prices pared gains to rise about 1% on Thursday after Israel said it would start direct negotiations with Lebanon…

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PTI to stage big K-P rally on Imran’s call

Pakistan Tehreek-e-Insaf founder Imran Khan. Photo: File ISLAMABAD: The PTI has decided to organise a major power show in Khyber-Pakhtunkhwa later this month after postponing its planned April 9 rally in Rawalpindi. The decision follows a meeting between Imran Khan’s lawyer, Barrister Salman Safdar, and the PTI founder at Adiala Jail on April 8, the…

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Britain must take a new path, says Starmer

Britain’s PM said crisis, which has already pushed up fuel prices in Britain, is expected to drive further inflation LONDON: Britain’s Prime Minister Keir Starmer on Thursday said the Iran war must become a turning point for Britain after two decades of crises, promising to strengthen the country’s economy and military to cope with a…

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Gujranwala industrial expo opens in Karachi

Three-day event to showcase diversity, competitiveness as economy shows cautious optimism KARACHI: As the economy is rebounding, the industrial city of Gujranwala, widely regarded as a byproduct of Pakistan’s Green Revolution in the 1960s, is set to showcase its industrial strength, innovation and craftsmanship at a three-day exhibition at the Karachi Expo Center from April…

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PM orders LPG supply at official rates

OGRA, FIA empowered to fine violators, cancel licences An employee checks empty LPG cylinders inside Vidyarthi Bhavan restaurant, as restaurants and hotels in southern India, including the IT hub of Bengaluru, have warned of shutdowns amid disruptions in commercial LPG supply, following the U.S.-Israeli conflict with Iran, in Bengaluru, India, March 10, 2026. Photo: Reuters…

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Chinese tyre firm to invest $120m

Service Long March targets $100m exports as Pakistan becomes fifth-largest tyre exporter to US Between the years 2013 and 2021, the Chinese investment increased six-and-a-half times to $6.1b but the US investment dropped three-fourths to $1.5b, said the BOI secretary. PHOTO: FILE ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan held a meeting with Jin…

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