On Sunday, Iran fired a salvo of missiles at Israeli targets in retaliation for the strikes on Lebanon A picture of an oil pipeline. PHOTO: ANADOLU AGENCY Oil prices jumped more than $4 on Monday, with investors spooked by Israeli strikes on Iran as well as renewed attacks on Lebanon a day earlier. Brent crude…
Requests services of 137 companies of personnel deployed in 39 districts of province Pakistani Rangers patrol near the President’s house, as Pakistan prepares to host the US and Iran for peace talks in Islamabad on April 10. Photo: Reuters LAHORE: Punjab has requested the deployment of Pakistan Army and Rangers personnel across the province to…
Broad-based selling keeps KSE-100 index firmly in red as banks, energy, cement and auto stocks lead losses The Pakistan Stock Exchange (PSX) remained under intense selling pressure on Monday as investors reacted to rising geopolitical concerns, dragging the benchmark KSE-100 index sharply lower during intraday trade. The market opened in the red and extended losses…
Xi arrived in Pyongyang to a red-carpet welcome from Kim and his wife Ri Sol Ju, alongside a guard of honour Escorted by a convoy of motorcycles, the motorcade of Xi Jinping, general secretary of the Communist Party of China Central Committee and Chinese president, passed through the Arch of Triumph in Pyongyang. PHOTO: XINHUA Ties…
Two children among victims; teenager missing after tragedies at Sandspit, Korangi Causeway KARACHI: A day of relief from the city’s sweltering heat turned tragic on Sunday as five people, including two children, drowned in separate incidents at Sandspit and Korangi Causeway, while rescue teams continued searching for a missing teenager. The deadliest incidents occurred at…
Vocational skills offer faster jobs, higher earnings, resilience in AI-driven era KARACHI: Pakistan today stands at a crossroads. With one of the world’s youngest populations, a shrinking formal job market, and the rapid global rise of automation and artificial intelligence (AI), the country must rethink how it prepares its youth for work. For decades, the…
Tsunami alerts issued in southern Philippines, northern Indonesia and the Malaysian state of Sabah on Borneo island A road is blocked near the collapsed building after a magnitude 7.8 quake in General Santos, Philippines, June 8, 2026. Picture taken with a mobile phone. PHOTO: REUTERS At least 15 people were feared dead in the southern…
FBR has granted additional charge of key positions to 27 senior officers of the Inland Revenue Service ISLAMABAD: The Federal Board of Revenue (FBR) has decided to introduce major administrative changes in order to meet tax collection targets and improve the efficiency of the country’s revenue system. As part of these measures, the tax authority…
Agriculture, retail and real estate stay undertaxed while the salaried class and corporate sector carry the load KARACHI: We often hear about the challenges Pakistan faces when it enters an International Monetary Fund (IMF) programme, yet we seldom spend enough time reflecting on our own structural shortcomings. It is always easier to criticise an external…
A Palestinian man holding the body of a child wrapped in a white sheet. PHOTO: ANADOLU AGENCY A meticulous investigative report by the Dutch newspaper De Volkskrant documenting what journalists describe as the deliberate targeting of children in Gaza has been awarded the European Press Prize 2026, one of the continent’s most prestigious journalism honours….