ogood2054

Financialisation of business firm

Goal of these companies is maximising shareholder value via dividend disbursement View of business offices and under construction residential apartments in Karachi, Pakistan September 23, 2025 Photo: Reuters LAHORE: A business firm is said to be financialised when it involves in financial activities. In other words, a business firm permanently expands its financial activities. This…

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‘Upgraded’ Safari train chugs off from Pindi

Minister to upgrade passenger train booking, fully digitize freight booking to boost efficiency and cut interference. PHOTO: FILE RAWALPINDI: Federal Minister for Railways Hanif Abbasi on Sunday inaugurated the upgraded Safari Tourist Train from Rawalpindi to the historic destination of Attock Khurd while outlining a series of measures aimed at reviving Pakistan Railways. The inauguration…

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Road accidents: a massive economic challenge

Over 90% of freight, 95% of passenger traffic moves by road; accidents are dangerous and unaffordable KARACHI: Road accidents in Pakistan have become a persistent national tragedy – one that unfolds daily on our highways, city streets and rural roads. Beyond the heartbreaking loss of life, these accidents impose a massive and often overlooked economic…

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Pakistan turns rivals into negotiators

Experts say it is not the first time country found itself at the centre of a geopolitical breakthrough KARACHI: After almost six weeks of conflict between the United States, Israel, and Iran, Islamabad brokered a two-week ceasefire, maintaining a careful balancing act throughout, avoiding alignment with either side while quietly working to open channels for…

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Confab on prison reforms in June

ISLAMABAD: Amid PTI’s protests over the lack of legitimate rights for its detained leaders, the National Judicial Policy Making Committee (NJPMC), comprising all chief justices, has announced it will organise a National Conference on the “Prison Reforms Action Plan” in June to promote stakeholder engagement and policy dialogue as part of an inclusive reform process….

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Zardari greets Iraq’s new president

. ISLAMABAD: President Asif Ali Zardari on Sunday congratulated Nizar Amidi on his election as president of the Republic of Iraq, conveying his best wishes for success in the new role, Radio Pakistan reported. In his message, the president expressed confidence that “under President Amidi’s leadership, Iraq would continue its efforts towards stability, progress and…

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Nationwide anti-polio drive kicks off today

During the campaign, 45 million children under the age of five will be administered anti-polio vaccine ISLAMABAD: A week-long anti-polio campaign will begin across the country on Monday (today), Radio Pakistan reported. During the campaign, 45 million children under the age of five will be administered anti-polio vaccine. The health workers will go door-to-door in…

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Dar briefs Saudi, Turkish FMs on Iran talks

. ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar on Sunday reiterated Pakistan’s commitment to supporting diplomatic initiatives aimed at maintaining dialogue and advancing peace. He made these remarks during telephone calls with the foreign ministers of Saudi Arabia and Turkiye after US-Iran talks concluded in Islamabad early Sunday morning. In a statement, the…

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