ogood2054

New rules to rein in Margalla development

ISLAMABAD: The Capital Development Authority (CDA) Board has approved in principle a major zoning reform proposal aimed at expanding environmental protection around the Margalla Hills National Park (MHNP), including the acquisition of privately owned land and a ban on further construction in several adjoining areas. Under the decision, the unacquired settlements of Shahdara, Talhar and…

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IMF no excuse to squeeze industry

KARACHI: The Pakistan business community says the International Monetary Fund (IMF) programme is no excuse to squeeze businesses and the public through the budget, arguing that the success of the upcoming fiscal plan will depend on the government’s ability to raise revenue from under-taxed sectors rather than placing the bulk of the burden on the…

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‘New industrial power tariff optional’

Power Division says two-part policy offers lower variable rates, higher fixed charges; consumers free to stay on exist ISLAMABAD: The Power Division said on Thursday that the new two-part tariff policy for industries is optional, and industrial consumers will have the freedom to choose whether to opt for this alternative regime or remain on the…

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SBP’s forex reserves rise $43m to $17.19b

KARACHI: The State Bank of Pakistan’s (SBP) liquid foreign exchange reserves rose by $43 million to $17.190 billion compared to the previous week. Overall, the country’s total foreign reserves stood at $22.636 billion as of May 29, 2026, as per the latest data issued by the central bank. Breakdown shows that the net foreign reserves…

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Gold prices in Pakistan Today

KARACHI: Gold prices declined in local bullion markets on Friday after prices fell in the international bullion market. The price of gold in the international bullion market decreased by $14 per ounce to $4,453, resulting in a decline in domestic prices. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold…

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Six terrorists killed in Panjgur IBO: ISPR

Recover weapons, ammunition, IEDs, vehicles from terrorists, says military media wing Security forces conducted an intelligence-based operation (IBO) on June 3 and 4 in the Panjgur District of Balochistan, killing six Indian sponsored terrorists belonging to the Fitna al-Hindustan, the military’s media wing said on Friday. A statement from the Inter-Services Public Relations (ISPR) said…

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