A man counts Pakistani Rupee (PKR) notes. PHOTO: REUTERS ISLAMABAD: The Power Division said on Tuesday that the increase of 709% in Gross Circular Debt (CD) Flow in FY 2025-26 compared to last year needs to be assessed in the context of macroeconomic conditions, one time LPI waivers, K-Electric payment shortfall and prior-year adjustments. A…
BENGALURU: Most Gulf stock markets closed subdued on Tuesday as investors remained cautious after the US ruled out extending a temporary ceasefire agreement and an Iranian official said Tehran would shift to a “fully offensive” military posture. Qatar’s benchmark index fell 0.5%, extending losses for a second consecutive session to close at 9,848 points, its…
The Pakistan Cricket Board (PCB) on Wednesday announced that its Grade-I and Grade-II departmental tournaments will begin on September 12. The first-class President’s Trophy Grade-I will be played from September 12 to October 21 in Islamabad, Abbottabad, Peshawar and Rawalpindi, with the full schedule to be announced later. The President’s Trophy Grade-II will run concurrently…
Zhuque-3 recovery brings Beijing closer to low-cost, high-frequency commercial spaceflight Zhuque-3 rocket by China’s private rocket firm LandSpace lifts off from the Dongfeng Commercial Space Innovation Pilot Zone in northwestern China, near Jiuquan, Gansu province, China, August 19, 2026. PHOTO: REUTERS China’s commercial space industry took another important step towards making rocket launches cheaper, more…
Party leaders accuse ministers of politicising founder’s basic right to medical treatment Former Pakistani prime minister Imran Khan speaks with Reuters during an interview, in Lahore, Pakistan March 17, 2023. — REUTERS Pakistan Tehreek-e-Insaf (PTI) and its leaders on Wednesday criticised the federal government for seeking a review of the Supreme Court (SC) order directing…
KSE-100 comes under late-session selling pressure as fuel price concerns grow with government’s refinery talks KARACHI: The Pakistan Stock Exchange (PSX) reversed its early gains on Wednesday, with the benchmark KSE-100 index coming under selling pressure in the latter part of the session as rising oil prices and uncertainty surrounding the Strait of Hormuz dampened…
Pakistan is set for a busy international cricket season as Sri Lanka’s tour combines T20Is and a Test series with a high-profile ODI tri-series featuring England and Pakistan. The Sri Lankan team will begin its tour with three T20Is at Rawalpindi Cricket Stadium on October 9, 11 and 13. The matches will provide both sides…
The Commonwealth Games bronze medallist was handed Rs2 million for her fine achievement Federal Minister Rana Sanaullah presents reward to Commonwealth Games medalist Fatima Zahra. Photo: Zulfiqar Baig ISLAMABAD: Pakistan’s federal government has awarded boxer Fatima Zahra Rs2 million for winning a bronze medal at the 2026 Glasgow Commonwealth Games. Prime Minister’s adviser on Inter-Provincial…
Says terrorists using social media to promote terrorism, stresses proactive monitoring of social media is essential Information Minister Attaullah Tarar and Minister of State for Interior Talal Chaudhry meet a Google delegation led by Senior Director David Wheeler in Islamabad. SCREENGRAB Minister of State for Interior Talal Chaudhry on Wednesday urged Google to remain sensitive…
Banks to earn Rs573b in interest over 10 years; govt extends sales tax exemptions to all airlines ISLAMBAD: The government has allocated Rs73 billion for privatisation contingency, including about Rs30 billion to pay interest cost on legacy debt of Pakistan International Airlines (PIA), as it also decides to extend sales tax exemptions to all locally…