Balochistan Finance Minister Mir Shoaib Nosherwani presents the provincial budget for the fiscal year 2026-27 in the Balochistan Assembly on Wednesday. Photo: NNI The Balochistan government on Wednesday unveiled a Rs1.089 trillion budget for the fiscal year 2026-27, setting aside Rs206 billion for development spending, announcing the creation of 5,000 government jobs and projecting Rs771…
ISLAMABAD: Pakistan’s tax debate often starts in the wrong place. We argue over rates, targets and quarterly shortfalls, but avoid the central problem: the design of the tax system itself. A tax regime that depends on a largely undocumented retail economy to collect revenue will keep producing distortion, leakage and resentment. That is exactly what…
Oil storage containers and facilities of the TotalEnergies refinery in Leuna, Germany PHOTO: REUTERS Oil prices rose on Thursday as doubts over a fragile two-week Middle East ceasefire raised concerns that energy flows through the crucial Strait of Hormuz will remain restricted. Brent crude futures were up $1.96, or 2.07%, at $96.71 a barrel at…
England captain Nat Sciver-Brunt is addressing a joint presser ahead of T20 World Cup. Photo: AFP LONDON: The Women’s T20 World Cup starts on Friday when hosts England face Sri Lanka in Birmingham, with at least one leading nation guaranteed an early exit from what promises to be an unusually open tournament. A 12-team competition…
Lionel Messi became the World Cup’s all-time leading scorer as Argentina beat Austria. Photo: AFP MIAMI: Lionel Messi became the leading scorer in World Cup history as the captain struck twice to give Argentina a 2-0 win over Austria on Monday and send the champions into the last 32. The player widely regarded as the…
State-owned Pakistan LNG opens tender for spot LNG cargo for delivery between June 30 and July 4 Pakistan has launched an urgent tender to buy a liquefied natural gas (LNG) cargo for delivery this week, as renewed tensions in the Strait of Hormuz disrupt energy flows through one of the world’s most important shipping routes….
Suryansh Shedge (AP Photo) MUMBAI: Along with runs and wickets against his name, what a young cricketer proudly carries in his or her kitbag is praise from a senior player in the dressing room – a modern-day legend whom they look up to. Mumbai and Punjab Kings allrounder Suryansh Shedge still remembers how elated he…
Steering committee approves draft submission as public hearing runs from April 28 to May 14 ISLAMABAD: Pakistan is pursuing a case in Washington in the backdrop of the withdrawal of reciprocal tariffs imposed by the Trump administration. Officials said a public hearing began on April 28 and will continue until May 14, 2026. Pakistan’s ambassador…
WASHINGTON: President Donald Trump said on Tuesday that the United States was not reconsidering Pakistan’s role as a mediator in the ongoing negotiations with Iran and insisted that Washington did not need Beijing’s help in dealing with Tehran. Trump spoke to reporters before departing for Beijing ahead of a summit with Chinese President Xi Jinping,…
Secretary agriculture sees stable prices, improved market as seed cotton crosses Rs11,000/maund LAHORE: Punjab’s cotton sector has shown encouraging signs ahead of the peak sowing season, with Bahawalpur division achieving about 80% of its cultivation target as authorities expressed optimism over stable international prices and improved local market conditions. The development came during a high?level…