ogood2054

Muslims across the world observe Eidul Azha

From mass prayers to preparing animals for sacrifice, Muslims mark occasion with community, togetherness People offer Eidul Azha prayers at the Railway Ground in Karachi, Pakistan, on May 27, 2026. Photo: Reuters Muslims around the world are celebrating Eidul Azha with prayers, animal sacrifice, and togetherness. The occasion commemorates the willingness and devotion of Hazrat…

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National Savings raises profit rates

Special Savings Certificate/Account at 11.6% per annum for the first 5 profit payouts ISLAMABAD: The government has increased the profit rates on National Savings Schemes and Sarwa Islamic schemes with effect from May 26, 2026. According to a notification, the National Savings Department has revised profit rates for certain schemes while maintaining existing rates for…

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NATO faces strain from planned US cuts

Spiegel reports fewer strategic bombers, warships available to alliance in crisis WASHINGTON: The US intends to significantly reduce military contributions available to assist European allies in a crisis, including fighter jets, warships and mid-air refuelling aircraft, German news outlet Spiegel reported on Tuesday. The NATO alliance is under unprecedented strain, with some European countries concerned…

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Political leaders mark Eidul Azha with messages of unity, sacrifice and compassion

Ministers urge public to include underprivileged segments of society in Eid celebrations, appeal to ensure cleanliness Pakistan Peoples Party Chairman Bilawal Bhutto Zardari (L), National Assembly Speaker Ayaz Sadiq (C), Senate Chairman Yousaf Raza Gilani (R) Political and government leaders across Pakistan on Wednesday extended Eidul Azha greetings to the nation and the Muslim Ummah,…

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Dar, UN chief discuss regional conflicts, UN reform in New York

Discussions also cover Pakistan’s diplomatic outreach, multilateral cooperation, and regional stability efforts Foreign Minister Ishaq Dar meets with United Nations Secretary-General Antonio Guterres in New York. PHOTO: FO Deputy Prime Minister and Foreign Minister Ishaq Dar met United Nations Secretary General Antonio Guterres in New York on the sidelines of the UN Security Council Open…

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Three-year biotech policy drafted

Despite institutional strengths and supportive policies, the food ministry said Pakistan had yet to fully capitalise on the opportunities offered by agricultural biotechnology, the primary reason for which was the absence of a clear and unified strategic direction. photo:file ISLAMABAD: Following a historic slump in cotton harvest, the Ministry of National Food Security and Research…

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SC issues guidelines for drafting civil pleadings

Order directs circulation to district judiciary, bar to ensure uniform compliance ISLAMABAD: The Supreme Court has issued detailed guidelines for drafting pleadings before trial courts in civil cases to promote uniformity, improve the quality of pleadings, and facilitate the efficient administration of civil justice. In a 26-page judgment authored by Justice Shahid Bilal Hassan in…

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Only 14% mutual funds invested in PSX

KARACHI: Pakistan’s mutual fund industry has expanded nearly 6.8 times since 2019, crossing Rs4 trillion in assets under management (AUM) by late 2025. However, the sector’s heavy concentration in low?risk money market instruments is raising concerns about market depth, investor behaviour and systemic liquidity pressures. According to a post by the Overseas Investors Chamber of…

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