Moody’s upgrades Pakistan’s rating

ISLAMABAD: Ahead of the government’s plans to venture into western markets to raise billions of dollars, Moody’s on Monday upgraded Pakistan’s rating to B3 but said international surveys continued to point to weak rule of law and control of corruption and limited government effectiveness. In its rating upgrade, one of the leading international credit rating…

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Facebook, TikTok promoted Colombian armed groups’ content to recruit children: HRW

HRW says circulation of content by armed groups ‘glorifies life in armed group ranks’, promotes ‘deceptive job offers’ Instagram, TikTok, Snapchat, YouTube, Facebook, Twitch and Reddit applications are displayed on a mobile phone, in this picture illustration taken on December 9, 2025. PHOTO: REUTERS Facebook and TikTok failed to prevent the spread of content produced…

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ISGS to execute refinery policy

Capacity concerns raised as bureaucracy shifts responsibility for upgrade programme ISLAMABAD: The government has designated Inter State Gas Systems (ISGS) as the policy implementation entity for the Pakistan Oil Refining Policy for Upgradation of Existing/Brownfield Refineries, 2023, shifting key responsibilities from OGRA to the state-owned company amid questions over its capacity. Sources in the Petroleum…

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The AI founders who walked away from Bezos-backed Prometheus to model the universe

The difference is that this new system is not built for understanding language; it is built for physics Accelerated Understanding Inc’s co-founders Anima Anandkumar and Benedikt Jenik pose for a picture, in Pasadena, California, US, August 23, 2026. PHOTO: REUTERS A research duo, once pitched to lead the Jeff Bezos-backed Project Prometheus, on Tuesday unveiled what…

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Private medical colleges barred from charging over Rs2.1m without approval: Mustafa Kamal

Health Minister Mustafa Kamal. Photo: Radio Pakistan Health Minister Mustafa Kamal told the National Assembly (NA) on Tuesday that the government capped annual fees at private medical colleges at Rs2.1 million, with institutions barred from charging more without approval, as authorities moved to tighten oversight of medical education costs, state-run Radio Pakistan reported. Responding to…

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Wheat shortfall could cost $1.2 billion

PKI warns of 3 million tonne shortfall, fears mount as support price fails farmers LAHORE: Millions of wheat growers across Pakistan face a bleak sowing season this year, with farmer representatives warning that the country could face a shortfall of nearly three million tonnes of wheat, forcing the government to spend roughly $1.2 billion in…

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Carse dropped from England squad

The fast bowler is unavailable for the second Test as the regulator probes the incident England’s Brydon Carse has been dropped from the second Test against Pakistan after a nightclub incident. Photo: AFP LONDON: Brydon Carse has been withdrawn from the second Test against Pakistan, while an incident outside a nightclub is investigated by the…

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PM forms high-level committee to steer Pak-Iran gas pipeline out of arbitration impasse, NA told

The leadership of both countries engaging in efforts to resolve dispute amicably, petroleum minister tells Senate Petroleum Minister Ali Pervaiz Malik told the Senate on Tuesday that Prime Minister Shehbaz Sharif had constituted a high-level committee to work out a mutually acceptable solution to the long-stalled Pak-Iran gas pipeline project, balancing Pakistan’s potential financial liability…

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Iranian official says CDF Munir’s visit yielded ‘highly valuable diplomatic achievements’

Rejects ‘inaccurate media speculation’ surrounding the visit and says its outcome will soon become clear Iranian President’s Office Deputy for Communications and Information Dissemination Seyyed Mehdi Tabatabaei on Tuesday described Chief of Defence Forces and Chief of Army Staff Field Marshal Syed Asim Munir’s visit to Iran as “highly fruitful”, saying it produced “highly valuable…

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Gold up as global rates hit 3-month high

KARACHI:   Gold prices in Pakistan rose on Monday, tracking a strong international rally that pushed the metal to its highest level in more than three months. According to the All-Pakistan Gems and Jewellers Sarafa Association, the price of 24-carat gold per tola reached Rs487,136 after gaining Rs4,200. Ten-gram gold was quoted at Rs417,640, up…

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