ISLAMABAD: The government has decided to take a $1 billion budget support loan for making policies to deal with climate disaster but deferred approval of a $40 million project due to exorbitant rates quoted for buying furniture and laptops by using a foreign loan. The Central Development Working Party (CDWP) approved the concept clearance proposal…
Oil storage containers and facilities of the TotalEnergies refinery in Leuna, Germany PHOTO: REUTERS Oil prices rose on Thursday as doubts over a fragile two-week Middle East ceasefire raised concerns that energy flows through the crucial Strait of Hormuz will remain restricted. Brent crude futures were up $1.96, or 2.07%, at $96.71 a barrel at…
Police officers walk past the Supreme Court of Pakistan building, in Islamabad, Pakistan April 6, 2022. REUTERS ISLAMABAD: The Supreme Court expressed concern over the increase in sororicidekilling of sistertragedies in society. While upholding the life imprisonment of a man who murdered his sister, the SC noted that sororicide is an unnatural breach of trust…
Minister says 55% of power mix came from clean sources; hydro expansion, local coal shift planned Pakistan has stepped up efforts to address the energy security challenge. Photo: file ISLAMABAD: Federal Minister for Power Sardar Awais Ahmed Khan Leghari met with Canadian High Commissioner Tarik Ali Khan to discuss energy sector cooperation and investment opportunities,…
PML-N-led coalition government in the Centre now has 229 members in the NA. PHOTO: APP ISLAMABAD: The opposition in the National Assembly on Wednesday offered unconditional support for Pakistan’s efforts to ensure regional peace, as the house held a detailed debate following the announcement of a ceasefire between the United States and Iran. Lawmakers from…
ISLAMABAD: Major political parties, including a broad opposition alliance, welcomed Islamabad’s diplomatic efforts on Wednesday to broker a landmark deal between the United States and Iran, as the PTI decided to call off its protest rally in Rawalpindi, coinciding with the high-stakes negotiations. In a display of political maturity amid deep domestic polarisation, major opposition…
LAHORE: The Small and Medium Enterprises Development Authority (SMEDA), on advice of the Special Assistant to PM Haroon Akhtar Khan, convened a series of five meetings with regional stakeholders, including banks and industries departments of Sindh, Balochistan, Khyber-Pakhtunkhwa, AJK and Gilgit-Baltistan (G-B) for equitable promotion of the SME financing across Pakistan. Nadia Jahangir Seth, Chief…
Prime Minister Shehbaz Sharif. Photo: Reuters ISLAMABAD’: Prime Minister Shehbaz Sharif has constituted a National Coordination and Management Council (NCMC) to deal with the aftermath of the Middle East war on the nation’s economy and its internal security, in a move that will also ensure faster decision making during uncertain times. The council was established…
Smoke rises from an explosion in the Abbasiyeh neighbourhood following an Israeli strike, in Tyre, Lebanon, April 8, 2026. Photo: Reuters TEHRAN/ BEIRUT: Just hours after Pakistan successfully brokered a two-week ceasefire between the United States and Iran, the fragile truce was already under strain as Israel launched its heaviest strikes on Lebanon since the…
The 14-year-old boy, a resident of Skardu, was held at an isolation centre where he tested positive for COVID-19 The second coronavirus case of Gilgit-Baltistan emerged on Wednesday, raising Pakistan’s tally of total confirmed cases to 20. The 14-year-old boy, a resident of Skardu, was held at an isolation centre where he tested positive for…