NEV policy dispute intensifies

With millions of combustion vehicles plying across the province, a small official electric fleet will not reduce air pollution levels. PHOTO: PIXABAY LAHORE: Pakistan’s proposed New Energy Vehicle (NEV) policy, designed to accelerate the shift towards cleaner mobility by reducing emissions and oil imports, promoting transport electrification and developing a local EV ecosystem, is rapidly…

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Pakistan tightens airport screening after WHO declares Ebola outbreak global emergency

In light of the World Health Organisation’s (WHO’s) declaration of the Ebola outbreak in Congo and Uganda as a global emergency, Pakistan has intensified screening measures at airports across the country, along with other precautionary steps. According to the Ministry of National Health Services, Regulations and Coordination on Saturday, Federal Health Minister Mustafa Kamal directed…

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Weekly inflation rate stands above 14%

Market analysts caution that IMF-related measures in the upcoming FY2026 budget—particularly new taxes and adjustments in energy prices—may lead to a renewed spike in inflation. PHOTO: FILE KARACHI: Pakistan’s weekly inflation rose 14.47% year-on-year for the period ended May 21, 2026, as spillover effects from the US-Israel conflict with Iran continued to drive up fuel,…

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Over a dozen dead in TTP infighting

Clashes began when JuA fighters were allegedly asked to surrender weapons, comply with directives from TTP commanders A photo of a TTP member. PHOTO: FILE PESHAWAR: Over a dozen terrorists were killed in intense clashes between the outlawed Tehreek-e-Taliban Pakistan (TTP) and its breakaway faction, TTP-Jamaatul Ahrar (JuA), as tensions escalated between commanders of the…

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Profit-taking drags PSX lower

KARACHI: Pakistan Stock Exchange (PSX) ended Friday’s session in the red amid pre-weekend profit-taking, though the benchmark KSE-100 index posted a robust weekly gain as improving sentiment surrounding US-Iran negotiations and easing oil prices supported investor confidence throughout the week. The market initially extended its bullish momentum on reports that negotiations between the United States…

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ECNEC approves ML-1 design work

Development priorities were approved across all provinces and regions, focus on strengthening national development Deputy Prime Minister and Foreign Minister Ishaq Dar briefs members of the diplomatic corps at the Foreign Office in Islamabad on the first anniversary of “Marka-e-Haq” on Tuesday. Photo: X/ FO ISLAMABAD: The government on Friday gave a go-ahead to initiating…

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Traders back govt’ssimplified tax scheme

International experience shows that trade tends to stabilise border regions by creating employment, formalising economic activity, and aligning local incentives with peace and continuity. Photo: file ISLAMABAD: The government on Friday won support from traders for its upcoming tax scheme, which offers a minimum annual tax of Rs25,000 and exempts them from audit and other…

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