ISLAMABAD: The government reported on Tuesday that petroleum levy collection jumped by Rs371 billion, or 45%, during the first nine months of this fiscal year, as the International Monetary Fund (IMF) projects that Pakistan’s fiscal performance will be even better than in the pre war period. The federal government’s nine month petroleum levy collection amounted…
US Vice President JD Vance speaks to reporters at Joint Base Andrews, Maryland, US. Photo: Reuters US Vice President JD Vance arrived in Switzerland on Sunday for peace talks with Iran as both nations seek a durable end to their war while disagreeing over Iran’s claims that it had closed the vital Strait of Hormuz….
PTI Founder Imran Khan. Photo: File ISLAMABAD: Pakistan Institute of Medical Sciences (PIMS) said on Tuesday that Pakistan Tehreek-e-Insaf (PTI) founder and former prime minister Imran Khan received a fourth dose of an intravitreal injection as part of his eye treatment. According to a statement, Imran was brought to PIMS for follow-up eye treatment on…
Once the seat of political power, the historic village’s grand Qalla struggles for survival Sheikhan, a historic village on the outskirts of Peshawar, stands as a living testament to a glorious past that has largely vanished. Once renowned for its abundant irrigation water from the Bara River and the prized Bara Rice variety, believed to…
ISLAMABAD: “At the beginning of a dynasty, taxation yields large revenue from small assessments. At the end, taxation yields small revenue from large assessments” – Ibn Khaldun. Ibn Khaldun wrote these lines centuries ago, long before the arrival of missions of the International Monetary Fund (IMF), quarterly review meetings and “mini-budgets”. He nevertheless understood something…
France’s Christo Popov (L) and Toma Junior Popov at the European Championships in April. Photo: AFP HONG KONG: Synthetic shuttlecocks, shorter games and a new generation of stars are all part of the “evolution” of badminton, a top official told AFP, saying the sport can’t afford to sit still. Traditionalists hit out after the Badminton…
Rehman urges government to use diplomatic channels to ensure return of Pakistani hostages held by somali pirates Interior Minister Mohsin Naqvi met Jamaat-e-Islami (JI) chief Hafiz Naeemur Rehman at the party’s headquarters in Mansoorah. SCREENGRAB Interior Minister Mohsin Naqvi met Jamaat-e-Islami (JI) chief Hafiz Naeemur Rehman at the party’s headquarters in Mansoorah on Tuesday, where…
Pat Cummins (BCCI/IPL Photo) Pat Cummins has reportedly been offered a major contract extension by Cricket Australia that could see the Australian captain earn close to AUD 4 million annually through to 2029, as global franchise leagues continue to target top international stars.According to reports from the Sydney Morning Herald, the proposed deal would increase…
KSE-100 surges 18.2% but only Rs16b raised via IPOs; analysts warn of limited fresh funds KARACHI: Pakistan’s capital markets posted strong gains during the first nine months of FY2026, with the benchmark KSE-100 index surging 18.2% to 148,743 points by the end of March, according to the Pakistan Economic Survey 2025-26 unveiled by Finance Minister…
Luka Modric was feted by his Croatia teammates after making his 200th international appearance. Photo: AFP FOXBOROUGH: Panama were eliminated from World Cup contention after Croatia kept their hopes of progressing to the last 32 alive with a hard-fought 1-0 win on Tuesday. Croatia, who made it to the last four of the 2018 and…