Govt committed to IMF that parliament will approve fiscal year 2026-27 budget in line with the staff level agreement The government has agreed to the need for a mini-budget if revenues fall short of expectations by end-December 2025, according to the IMF. Photo: file The International Monetary Fund (IMF) loaded the $7 billion bailout package…
CCI says Apple withheld financials since Oct 2024, citing Delhi High Court antitrust case Apple iPhones are seen inside India’s first Apple retail store during a media preview, a day ahead of its launch in Mumbai, India, April 17, 2023. PHOTO: REUTERS Apple has not submitted data sought by India’s antitrust body after an investigation…
Photo shows soldier striking fallen Jesus sculpture; shared by reporter Younis Tirawi online A photo showing the desecration of a crucifix smashed by an Israeli soldier in a southern Lebanese village home to Christians drew widespread condemnation on Monday from Israeli leaders, the United States and church leaders. A photo that emerged online over the…
KARACHI: Perhaps back to the days of the World Cup, when the camera panned toward Babar Azam sitting in the Pakistani dugout, head bowed in disappointment. His poor form was the reason. Seeing him like that saddened me greatly. I even began writing a column titled “Babar Azam’s Sad Face”, but later deleted it unfinished,hoping…
Bachelet, Grossi, Grynspan, and Sall face 193 states and NGOs in 3-hour UN hearings on Tuesday-Wednesday Logo of the United Nations seen on a building of the global organisation.PHOTO: AFP Four contenders are squaring up to succeed Antonio Guterres as leader of the United Nations, which faces unprecedented global instability, wars and its own crushing…
Urges immediate ceasefire, political resolution as concerns mount over survival of US-Iran ceasefire Combination image of Chinese President Xi Jinping and Saudi Arabia’s Crown Prince Mohammed bin Salman. PHOTOS: REUTERS Chinese President Xi Jinping called for normal passage of ships through the Strait of Hormuz to be maintained, in a phone call on Monday with…
Gold and silver prices declined in both international and domestic markets, reflecting a broader downward trend in precious metals. In the international bullion market, the price of gold fell by $49 per ounce, settling at $4,788. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), in the local market, gold prices also recorded a…
United States stock index futures inched lower on Monday after a record rally on Wall Street last week as dimming prospects of an end to the Iran conflict prompted investors to curb their risk appetite. Iran opened the Strait of Hormuz on Friday, prompting a buying frenzy across markets, with the S&P 500 and the…
Growth in Asia-Pacific developing economies slows to 4.6% in 2025, projected at 4% in 2026 Activists hold a silent protest against the draft agreement, during the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan November 22, 2024. PHOTO: REUTERS Despite mounting global headwinds, Asia-Pacific developing economies’ growth is projected to slow to 4.0% in…
Profit-taking hits energy and textile sectors as conflicting reports emerge on Islamabad Talks Overall market participation was strong, as 1,066 million shares were traded with a total value of Rs. 49 billion. KEL led the volume chart, with 195.8 million shares..Photo: Express The Pakistan Stock Exchange (PSX) witnessed a cautious mid-day session on Monday as…