Stakeholders, mediators set to meet at Burgenstock for initial negotiations, says foreign ministry Iran’s President Masoud Pezeshkian (L) and US President Donald Trump. Photos: File Switzerland on Thursday welcomed the signing of the memorandum of understanding between the US and Iran, noting that the stakeholders and mediators are set to meet at the resort town…
Addressing budget debate in NA, PPP chairman welcomes US-Iran agreement, renews call for constitutional rights for G-B Pakistan Peoples Party chairman Bilawal Bhutto Zardari speaking on the floor of the National Assembly. SCREENGRAB ISLAMABAD: Pakistan Peoples Party (PPP) Chairperson Bilawal Bhutto Zardari on Thursday strongly defended the Benazir Income Support Programme (BISP), describing it as an…
FBR has set at Rs15.264 trillion, while provinces are expected to receive their share up to Rs13.35 trillion Sindh Chief Minister Syed Murad Ali Shah speaks during a press conference on Wednesday. Photo: NNI KARACHI: Sindh Chief Minister Murad Ali Shah on Thursday said the province has formulated its fiscal framework in line with the…
A worker walks past inside the Asian Development Bank (ADB) headquarters in Manila. Photo: Reuters/ File The Asian Development Bank (ADB) on Thursday approved a $700 million policy-based loan to support reforms aimed at strengthening insurance in Pakistan. The program seeks to expand insurance coverage and reduce protection gaps. It will also help stimulate private…
Trump administration took a 10% stake in Intel, announced plans to invest roughly $10b to build US factories Intel and Apple logos are seen in this illustration taken September 24, 2025. PHOTO: REUTERS US President Donald Trump said in a Truth Social post on Thursday that Apple has agreed to work with Intel to design and manufacture…
Published versions largely converge on ceasefire, sanctions relief, Hormuz, nuclear talks The US and Iranian versions of a memorandum of understanding (MOU) aimed at ending months of war in the Middle East reveal broad convergence on the deal’s core provisions, despite differences in political emphasis, legal detail, and the way each side frames sensitive issues…
Prime Minister Shehbaz Sharif. PHOTO: FILE Prime Minister Shehbaz Sharif on Thursday announced the electronic signing of the “Islamabad Memorandum of Understanding” between US President Donald Trump and Iranian President Masoud Pezeshkian. In a post on X, he stated that “the Memorandum has been signed by honourable Presidents of both the countries and also endorsed by…
JILJILIYA: Israeli settlers set fire to mosques in two West Bank villages on Wednesday, their mayors said, with AFP journalists at one site seeing scorched walls and graffiti. The incident came during a period of increased attacks against Palestinian communities by settlers in the Israeli-occupied West Bank since the start of the Gaza war in…
Unveils Rs1,089b budget Achieves Rs45.56b fiscal surplus Rs90b earmarked for healthcare Education sees 15% QUETTA: Balochistan on Wednesday unveiled a historic, relief-driven Rs1,089.26 billion surplus budget for fiscal year 2026-27, aiming to strike a balance between strict financial discipline and direct public relief. Presented by Provincial Finance Minister Mir Shoaib Nosherwani…
7% increase in salaries and pensions proposed Rs720b earmarked for uplift schemes Exemption threshold for agr KARACHI: Sindh Chief Minister Syed Murad Ali Shah presented a Rs3.562 trillion budget for fiscal year 2026-27 against estimated receipts of approximately Rs3.525 trillion, resulting in a projected deficit of about Rs36.9 billion. The budget proposed…