Three-year biotech policy drafted

Despite institutional strengths and supportive policies, the food ministry said Pakistan had yet to fully capitalise on the opportunities offered by agricultural biotechnology, the primary reason for which was the absence of a clear and unified strategic direction. photo:file ISLAMABAD: Following a historic slump in cotton harvest, the Ministry of National Food Security and Research…

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SC issues guidelines for drafting civil pleadings

Order directs circulation to district judiciary, bar to ensure uniform compliance ISLAMABAD: The Supreme Court has issued detailed guidelines for drafting pleadings before trial courts in civil cases to promote uniformity, improve the quality of pleadings, and facilitate the efficient administration of civil justice. In a 26-page judgment authored by Justice Shahid Bilal Hassan in…

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Only 14% mutual funds invested in PSX

KARACHI: Pakistan’s mutual fund industry has expanded nearly 6.8 times since 2019, crossing Rs4 trillion in assets under management (AUM) by late 2025. However, the sector’s heavy concentration in low?risk money market instruments is raising concerns about market depth, investor behaviour and systemic liquidity pressures. According to a post by the Overseas Investors Chamber of…

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Israeli strikes kill seven in Gaza

. CAIRO: Israeli strikes killed at least seven Palestinians in the Gaza Strip on Tuesday including five in a refugee camp and two in a car, health officials said. Medics and residents said an Israeli drone fired a missile at people who came out of their homes when an Israeli-backed Palestinian militia tried to storm…

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PM Shehbaz, President Zardari and Field Marshal Munir urge compassion, solidarity on Eidul Azha

Leaders say Eidul Azha reflects obedience, sacrifice and sincerity shown by Hazrat Ibrahim (AS) Prime Minister Shehbaz Sharif (L), President Asif Ali Zardari (C), CDF Field Marshal Asim Munir (R) President Asif Ali Zardari, Prime Minister Shehbaz Sharif and Chief of Defence Forces Field Marshal Asim Munir on Wednesday extended heartfelt greetings of Eidul Azha…

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FY27 budget may offer limited relief

Analysts see tighter policy with focus on revenue mobilisation, structural adjustments Brokerage houses warn that if global oil prices remain near $100 per barrel due to geopolitical tensions, growth could slow to 3‑3.5%, while inflation risks may re‑emerge. photo: file KARACHI: Pakistan’s upcoming federal budget for FY27 is shaping up to be less about headline?grabbing…

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Freelancer exports cross $950 million

KARACHI: Pakistani freelancers earned more than $950 million in foreign exchange during the first 10 months of the current fiscal year despite multiple local and global challenges. During the period from July 2025 to April 2026, Pakistani freelancers outperformed freelancers from India, China, the United Arab Emirates and several other countries. According to the State…

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Canada takes up flotilla handling with Israel

OTTAWA: Canadian Prime Minister Mark Carney told Israeli President Isaac Herzog on Monday that the treatment of activists detained by Israel had been “appalling” and described the situation in Gaza as “catastrophic,” Carney’s office said in a statement. “The Prime Minister reiterated that the appalling treatment of civilians, including Canadian citizens, aboard the Gaza-bound flotilla…

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