Pakistan successfully conducts training launch of Fatah-4 cruise missile

Says missile ‘equipped with advanced avionics, is capable of engaging long-range targets with high precision’ Training fire of the indigenously developed Fatah-4 ground launched cruise missile: Screengrab The Pakistan Army on Thursday successfully conducted a training fire of the indigenously developed Fatah-4 ground-launched cruise missile, the military’s media wing said in a statement. According to…

Read More

Mohmand, Dasu dams costs surge by Rs1.6tr

Documents also showed a major increase in allocations for development of local communities affected by projects ISLAMABAD: The construction cost of the Mohmand Dam and Dasu Hydropower Project has increased by a combined Rs1.607 trillion, pushing the total estimated cost of the two mega hydropower projects from around Rs800 billion to nearly Rs2.4 trillion. According…

Read More

US delegation discusses trade with FinMin

ISLAMABAD: US Assistant Secretary of State for South and Central Asian Affairs S Paul Kapur has expressed Washington’s interest in expanding economic cooperation with Pakistan, noting that American companies are keen to explore long?term investment opportunities in the country, according to an official statement issued on Wednesday. Kapur, accompanied by US Chargé d’Affaires Natalie A…

Read More

Iran war and oil dominate BRICS meet in India

India, the world’s third-largest oil buyer, normally sources about half of its crude through the Strait of Hormuz India’s Foreign Minister Subrahmanyam Jaishankar addresses the BRICS foreign ministers’ meeting at Bharat Mandapam in New Delhi, India May 14, 2026. PHOTO: REUTERS BRICS foreign ministers, including Iran’s Abbas Araghchi and Russia’s Sergei Lavrov, met in New…

Read More

Misgivings stall JUI-F, PTI rapprochement

LAHORE: The JUI-F will not become part of any joint movement with the TTAP till past misgivings between them and the PTI are not addressed, said a party official, as contrasting positions emerge from the Tehreek Tahaffuz Ayeen-i-Pakistan (TTAP) and the JUI-F on joint movement. Two meetings – one informal interaction in parliament and another…

Read More

PM hands budget-making to Dar

The government on Wednesday handed over the responsibility of making the new budget to Deputy Prime Minister Ishaq Dar after it found the initial work below par, as the International Monetary Fund (IMF) also began its own scrutiny of the new tax proposals. Prime Minister Shehbaz Sharif has constituted a Dar?led committee to "review, analyse…

Read More

PSX gains modest momentum in early trading

Overall market participation was strong, as 1,066 million shares were traded with a total value of Rs. 49 billion. KEL led the volume chart, with 195.8 million shares..Photo: Express KARACHI: The Pakistan Stock Exchange (PSX) displayed positive sentiment in the first half of trading on Thursday, with the benchmark KSE-100 Index rising over 250 points…

Read More