The Israeli army continued its attacks on southern Lebanon on Wednesday, carrying out a series of explosions in border towns as the sixth round of Rome talks between Lebanon and Israel entered its second day. Israeli forces carried out a large explosion at around 3am (5am PKT) in the eastern neighbourhood of Khiam in Marjayoun…
Punjab Assembly Speaker Malik Muhammad Ahmad Khan addressing the house. Photo: APP/file Punjab Assembly Speaker Malik Muhammad Ahmad Khan on Wednesday called on Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman to apologise to the nation over his remarks on martyrs, saying no one would be allowed to undermine the sacrifices rendered by the armed forces….
Investors absorb geopolitical shock, return to blue-chip stocks despite US-Iran tensions A blistering opening rally at the Pakistan Stock Exchange (PSX) lost steam on Wednesday as investors opted to lock in profits after pushing the benchmark KSE-100 Index up by more than 3,000 points in early trade. Despite surrendering a significant portion of those gains,…
Beijing accuses Washington of ‘double standards and coercion’ amid sanctions push A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. Photo: Reuters China said on Wednesday it “firmly opposes” a sanctions bill proposed by United States senators and supported by President Donald Trump that targets countries buying…
PPP chairman proposes independent commission to probe unrest, urges dialogue to help resolve ongoing crisis PPP chairman Bilawal Bhutto addressing his party’s office bearers and ticket holders in Azad Jammu and Kashmir. SCREENGRAB Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari on Wednesday warned that prolonged unrest in Azad Jammu and Kashmir (AJK) would damage…
Pakistan restricts import of goods from countries using forced, compulsory labour ISLAMABAD: The government has again amended the Import Policy Order to restrict the use of forced or compulsory labour in the manufacturing of goods in a bid to avoid potential tariff hike by the Trump administration. Pakistan is one of 60 economies that have…
More than 160 people were arrested in Paris and Lyon following clashes and disturbances after France’s 2-0 defeat to Spain in the FIFA World Cup semifinal, broadcaster BFMTV reported Wednesday. According to the Paris Police Prefecture, 141 people were detained in the Paris region in connection with incidents that occurred after Tuesday evening’s match. Most…
Says the decision has been taken by the French government solely for budgetary reasons Consul General Alexis Chahtahtinsky. KARACHI: French Consul General Alexis Chahtahtinsky on Wednesday announced the closure of the French diplomatic mission in Karachi, saying the decision had been taken by the French government solely for budgetary reasons. “We shall continue deepening our…
Oppose inclusion of auto sector in FTA talks with Thailand. PHOTO: AFP The proposed overhaul of tariffs under the National Tariff Policy (NTP) 2025-2030 has sparked intense debate within Pakistan’s auto industry, with manufacturers warning that the changes could dismantle the vendor base and manufacturing capabilities built over four decades, potentially leading to irreversible losses…
Says regular engagement will help resolve business concerns, improve tax compliance and promote investment Prime Minister Shehbaz Sharif chairs a meeting to review tax reforms and the performance of the Federal Board of Revenue. SCREENGRAB Prime Minister Shehbaz Sharif on Wednesday directed senior officials of the Federal Board of Revenue (FBR) to visit Karachi during…