Prime Minister Shehbaz Sharif chairs a meeting on power sector reforms: Photo: Express ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday directed authorities to take strict action against power pilferers. The directions came during a high-level review meeting on reform measures in the power sector. The premier also called for a comprehensive strategy to meet future…
ISLAMABAD: Pakistan on Thursday warned that any deliberate attempt to block water essential to Pakistan’s survival and development would have “far-reaching consequences”. “Any such act would be treated with utmost seriousness and could possibly amount to an act of war under Article 51 of the UN Charter,” said Foreign Office spokesperson Tahir Andrabi during his…
Agriculture, retail and real estate stay undertaxed while the salaried class and corporate sector carry the load KARACHI: We often hear about the challenges Pakistan faces when it enters an International Monetary Fund (IMF) programme, yet we seldom spend enough time reflecting on our own structural shortcomings. It is always easier to criticise an external…
AUSTRIA: George Russell returned to winning ways after a series of disappointments on Sunday when he claimed a measured victory for Mercedes ahead of Red Bull’s four-time champion Max Verstappen in a thrilling Austrian Grand Prix. The 28-year-old Briton, the pre-season favourite for the drivers’ title and winner of the opening race, secured his second…
Parliamentary secretary says seed authority formed to improve regulation, promote high-yield, climate-resilient crops Pakistan Tehreek-e-Insaf Chairman Barrister Gohar Ali Khan speaking in the National Assembly on Friday. PHOTO: NATIONAL ASSEMBLY OF PAKISTAN/ FACEBOOK ISLAMABAD: The National Assembly was informed on Friday that the National Wheat Policy 2026–30 has been prepared in consultation with the provinces,…
62 mobile models of various brands become costlier after FBR increases duties, taxes on used phones The federal government has increased taxes on used imported mobile phones after raising their customs valuation by up to 175%, making 62 models of various brands more expensive. According to documents available to The Express Tribune, the Federal Board…
JEREZ DE LA FRONTERA: Ducati’s Marc Marquez secured his first pole position of the season at the Spanish Grand Prix on Saturday, using his experience in the tricky wet conditions at Jerez to snatch top spot from seasoned veteran Johann Zarco of LCR Honda. Reigning MotoGP champion Marquez clocked one minute and 48.087 seconds to…
Iran’s missiles are ‘locked on American targets’ as ceasefire frays around the Strait of Hormuz Members of the Islamic Revolution Guards Corps (IRGC) navy participate in an exercise in the south of Iran, in this picture obtained on January 17, 2023. PHOTO: REUTERS The Islamic Revolutionary Guards Corps Navy Command warned the US against further…
KARACHI: Pakistan’s broad money supply (M2) recorded a strong 21.3% year-on-year (YoY) growth as of March 27, 2026, reflecting a significant expansion in liquidity driven by rising deposits and increased currency circulation in the economy. The latest data shows that total bank deposits grew by 18.7% YoY to Rs30.6 trillion, indicating sustained inflows into the…
United Kingdom Maritime Trade Operations said master of the vessel reported being approached by an IRGC gunboat At least three container ships were hit by gunfire in the Strait of Hormuz on Wednesday, maritime security sources and the United Kingdom Maritime Trade Operations (UKMTO) said. Iran has imposed restrictions on ships using the strait, first…