ISLAMABAD: The Federal Board of Revenue (FBR) has designated 11.75 acres of land at Taftan Railway Station as a Land Customs Station, a move aimed at facilitating trade between Pakistan and Iran. The FBR issued a formal notification under the Customs Act, 1969, declaring the area a Land Customs Station, allowing the loading, unloading and…
HOUSTON/ KARACHI: Benchmark oil prices fell more than $3 on Wednesday to their lowest level since before the start of the Iran war as supply concerns eased with more stranded oil tankers exiting the Strait of Hormuz. US crude futures slipped below $70 a barrel, the lowest level since March 2. Brent crude futures were…
FPCCI report says policy, infrastructure bottlenecks blocking vast potential of sector The FPCCI report also identifies visa complexities, weak international marketing, inadequate road infrastructure, poor digital connectivity, security concerns and fragmented governance as major obstacles to tourism growth. PHOTO: REUTERS KARACHI: Pakistan earned $1.15 billion from foreign tourists in 2024, but its citizens spent an…
Stocks staged a strong recovery at the Pakistan Stock Exchange (PSX) on Wednesday, with the benchmark KSE-100 index climbing 1,878.35 points, or 1.06%, to close at 179,571.27 amid broad-based buying across key sectors. The market remained in positive territory throughout the session, touching an intraday high of 179,919.27 before settling slightly lower. The index recorded…
. LAYYAH: A man killed his brother over a domestic dispute here on Wednesday. According to police, the incident occurred near the railway line at Panwar House in Kot Sultan, where Muhammad Amir Panwar allegedly shot dead his brother Rizwan after an altercation. On information, police rushed to the spot and collected forensic evidence. The…
. QUETTA: Two miners lost their lives on Wednesday when a coal mine caved in during deep excavation work in the Khost area of Harnai district, officials and local witnesses confirmed. The collapse occurred inside a pit operated by local contractor Mehrullah, trapping the workers under heavy debris. Fellow miners and community volunteers launched an…
Disruptions to power grid in France, schools shut in Britain, Italy puts 16 cities on alert amid severe heat People cool off in the Trocadero fountain in front of the Eiffel Tower as temperatures rise in Paris during a heatwave affecting a large part of France, June 23, 2026. Photo: Reuters Western Europe was in…
Prosecutor’s lawyers call decision unlawful, court’s 125 member states to vote on Khan’s future next month Chief Prosecutor Karim Khan talks while waiting for former Philippine President Rodrigo Duterte to appear via video link before the International Criminal Court (ICC), in The Hague, Netherlands, Friday, March 14, 2025. Photo: Reuters Diplomats running the International Criminal…
GERMANY: Naomi Osaka shrugged off the heat and another first-set freeze to breeze past Elise Mertens 6-3, 6-3 in the second round of the Bad Homburg grass-court tournament on Tuesday. For the second match in a row, Osaka raced to a 5-0 lead in the first set before allowing her opponent to fight back. On Sunday, in…
Wicketkeeper-batter Joshua DaSilva returns to the West Indies set-up after two years in the wilderness. Photo: AFP/File LONDON: After a rain-ruined ODI series and a hard-fought T20 series, West Indies and Sri Lanka renew their Test rivalry in the Caribbean on Thursday at the Sir Vivian Richards Stadium in Antigua. The two teams have very…