ogood2054

IMF endorses diesel pricing formula

ISLAMABAD: The International Monetary Fund (IMF) has endorsed a new formula to fix prices of high-speed diesel, which has addressed the issue of windfall gains to oil refineries due to the Middle East war and helped keep diesel prices lower by Rs100 per litre for this week. Without any change in the formula, the diesel…

Read More

Cummins hails teen wonder Sooryavanshi

Australia captain Pat Cummins has admitted he is unlikely to be fit for the first Ashes Test next month. PHOTO: AFP MUMBAI: Australia’s Pat Cummins says Vaibhav Sooryavanshi is his “new favourite player” after the 15-year-old sensation became the youngest and fastest to score 1,000 T20 runs in a 36-ball century in the IPL. The…

Read More

Pakistan exercised restraint as responsible nuclear state during India conflict: Gilani

Says Pakistan’s diplomatic efforts being acknowledged globally for regional peace Acting President Yousaf Raza Gilani addresses the 41st annual dinner of the Old Ravians Association in Lahore. PHOTO: PPP/X Acting President and Chairman of the Senate, Yousaf Raza Gilani, on Sunday said that Pakistan was a responsible nuclear state, despite Indian aggression after the Pahalgam…

Read More

Funds sought for organic farming

LAHORE: Agricultural stakeholders in Punjab are calling on Chief Minister Maryam Nawaz Sharif to dedicate a meaningful share of the next fiscal year’s budget to organic farming, a sector they believe could fundamentally reshape the province’s export profile and offer its farmers a more stable and profitable future. The appeal comes at a time when…

Read More

FWO restarts work on Karachi’s BRT Red Line on University Road, says mayor

Last week, Sindh government announced the termination of construction contract for the project Frontier Works Organisation restarts work at University Road. PHOTO: MURTAZA WAHAB/X Karachi Mayor Murtaza Wahab said on Sunday that work on the Bus Rapid Transit (BRT) Red Line on University Road has resumed, with the Frontier Works Organisation (FWO) restarting construction from…

Read More

PM orders action in Rs120b solar scam

Two high-level committees formed to probe over invoicing involving importers, govt officials Prime Minister Shehbaz Sharif. Photo: PMO/ File KARACHI: Prime Minister Shehbaz Sharif has ordered immediate legal action against all individuals involved in the Rs120 billion solar panel over-invoicing and money laundering case, according to an official statement. The prime minister expressed concern over…

Read More

World leaders react with shock after White House Correspondents’ Dinner shooting

US police detain suspect armed with shotgun, handgun and knives; charges due in federal court on Monday US President Donald Trump, First Lady Melania Trump, White House Press Secretary Karoline Leavitt and CBS News senior White House correspondent Weijia Jiang attend the annual White House Correspondents’ Association dinner in Washington, DC on April 25, 2026….

Read More

PSX down 2% on geopolitical, power crisis

KARACHI: The Pakistan Stock Exchange (PSX) succumbed to a wave of selling pressure during the outgoing week as the benchmark KSE-100 index plunged by over 3,200 points, or 2%, settling at 170,672. The market was rattled by a toxic mix of heightened geopolitical uncertainty, domestic energy crunch, and reports of stringent new IMF conditions. On…

Read More