Inflation-shielding subsidy budget axed by 8%

With food inflation remaining volatile and energy prices facing global and domestic uncertainties, economists warn that price stability in the coming months will depend on supply chain management, fiscal discipline and policy coordination. photo: file ISLAMABAD: The government has decided to slash its subsidy budget by 8% for the next fiscal year 2026-27, though it…

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Naqvi delivers ‘special letter’ to Iran’s supreme leader

. ISLAMABAD: Pakistan’s Interior Minister Mohsin Naqvi delivered a “special letter” on behalf of the country’s civil and military leadership addressed to Iran’s Supreme Leader Mojtaba Khamenei in Tehran, amid Islamabad’s ongoing diplomatic efforts to help break the deadlock between the United States and Iran, officials and Iranian media said on Sunday. Naqvi, who arrived…

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Researchers use AI to unlock the complete text of burnt Herculaneum scroll for the first time

The scroll was carbonised by the eruption of Mount Vesuvius nearly 2,000 years ago Fragment of Herculaneum scroll is fixed in place at a Diamond Light Source experimental station after it was scanned using bright x-rays in Didcot, Britain, September 30, 2019. Photo: File/REUTERS Researchers using artificial intelligence and advanced imaging said on Thursday they…

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POL prices slashed amid global fuel ease

Prime Minister Shehbaz Sharif addresses the nation on Friday. SCREENGRAB ISLAMABAD: Prime Minister Shehbaz Sharif on Friday announced a reduction of Rs135 per litre in the price of high-speed diesel (HSD) and a Rs12 per litre cut in petrol from Saturday (today), passing on relief to consumers after a decline in international fuel prices. In…

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Europe’s heatwave ‘virtually impossible’ without climate change, scientists say

Women run through a water spray from a public outdoor sprinkler system to alleviate high temperatures at Rudolfplatz square, amid a heatwave in Cologne, Germany, June 25, 2026. Photo: Reuters The record-breaking heatwave engulfing Western Europe would have been “virtually ‌impossible” without human-caused climate change, which has made this week’s soaring night-time temperatures 100 times…

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Gold retreats amid Hormuz tensions

KARACHI: Gold prices in Pakistan declined on Tuesday, tracking a subdued trend in the international market, as investors remained cautious ahead of a key geopolitical deadline set by Donald Trump regarding Iran and the Strait of Hormuz. In the local market, the price of gold per tola dropped by Rs3,000 to settle at Rs488,462. Similarly,…

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Ralph Lauren sports cross-generational appeal at Milan fashion show

Ralph Lauren debuted its cinematic Spring/Summer 2027 collection in Milan, mixing heritage luxury with sportier looks Photo: Ralph Lauren’s presentation of its Spring/Summer 2027 men’s collection/Reuters Ralph Lauren showcased its timeless vision of American luxury on Friday, blending heritage tailoring with younger, sportier styles in its Spring/Summer 2027 show ​on the first day of Milan…

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SJC reviews complaints against judges

ISLAMABAD: The Supreme Judicial Council (SJC) on Thursday reviewed complaints of misconduct, including some pertaining to its own members, during a meeting chaired by Chief Justice Yahya Afridi. The meeting was attended by Federal Constitutional Court (FCC) Chief Justice Aminud Din Khan, Justice Munib Akhtar, Justice Jamal Khan Mandokhail, Justice Syed Hasan Azhar Rizvi, Lahore…

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