KARACHI: Gold prices in Pakistan dropped on Monday, mirroring losses in the international market, where the precious metal retreated from two-week highs, pressured by a firmer US dollar, though limited declines reflected easing expectations of aggressive Federal Reserve rate hikes amid signs of a cooling US labour market. In the local market, the price of…
Hakan Fidan says summit will address evolving security threats, defence cooperation, alliance adaptation Turkish Foreign Minister Hakan Fidan. PHOTO: Anadolu Agency Turkish Foreign Minister Hakan Fidan said on Tuesday that the NATO summit in Ankara will help shape the alliance’s future and adapt its structures to an increasingly complex security environment. Fidan, in a post…
Calls for assistance to SMEs in preparing feasibility studies, completing requirements needed to obtain financing Prime Minister Shehbaz Sharif chairs a meeting to review the performance of the Small and Medium Enterprises Development Authority (SMEDA). PHOTO: PMO Prime Minister Shehbaz Sharif on Tuesday directed officials to improve access to financing for small and medium-sized enterprises…
Oil prices edged higher on Tuesday, though gains were capped as traders looked beyond easing geopolitical tensions in the Middle East and turned their attention to supply increases and demand prospects. Brent crude futures gained 38 cents, or 0.5%, to $72.37 a barrel, while US West Texas Intermediate crude rose 30 cents, or 0.4%, to $68.85…
275 injured after severe weather batters three communities in Huanggang’s Huangzhou district At least eight people were killed and several remain missing after thunderstorms and landslides hit central and northwestern China, prompting emergency evacuations, state media reported Tuesday. All of the casualties were reported in Hubei province, where its eastern region was hit by thunderstorms…
Noting that around Rs300,000 is being spent on each trainee from the public exchequer ISLAMABAD: The National Assembly Standing Committee on Education on Monday raised concerns over the transparency of a government-funded nursing training programme, questioned the financial and administrative crisis at the Federal Urdu University of Arts, Science and Technology (FUUAST), and reviewed the…
SIALKOT: SECP Commissioner Muzaffar Ahmed Mirza has urged the business and industrial community to formalise their businesses through corporatisation to improve governance, enhance transparency and access new financing and growth opportunities. Speaking at the Sialkot Chamber of Commerce, Mirza said that the SECP was simplifying regulatory procedures, reducing compliance requirements and expanding digital services to…
Says intermittent heavy rainfall between July 7-10 could trigger flash floods in hill torrents and seasonal streams ISLAMABAD: The National Disaster Management Authority (NDMA) and the meteorological authorities have issued nationwide weather alerts as an active monsoon system is set to bring widespread rain and thunderstorms to large parts of the country from Tuesday, raising…
ISLAMABAD: As Chief Justice of Pakistan Yahya Afridi has convened meetings of the Judicial Commission of Pakistan (JCP) to consider appointments of additional judges to the high courts, PPP Senator Farooq H Naek has proposed 33 candidates for appointment to the four high courts. This move has revived debate over the party’s growing influence in…
KARACHI: Cement demand in Pakistan rebounded strongly in FY26 on the back of construction revival and lower policy rates, with dispatches rising to multi-year highs. Total cement dispatches reached 50.58 million tons in FY26, up approximately 8% year-on-year, driven primarily by robust local demand. “The improvement was led by domestic demand, where sales grew 9%…