KARACHI: Islamic money market transactions amounted to Rs142.6 billion for May 25, 2026, with activity distributed across multiple Shariah?compliant instruments, including Mudaraba and Musharaka, spanning interbank and non?bank financial segments. According to figures released on Friday by the State Bank of Pakistan (SBP), the largest contribution came from transactions between banks, non?banks and among non?bank…
7 Essential Wardrobe Staples You Need for a Versatile Closet PUBLISHED November 04, 2024 A wardrobe staple is a timeless, versatile piece that plays a key role in your closet. Unlike fleeting fashion trends, these staples can seamlessly integrate with various outfits, serving as a reliable base for your style. They are the pieces you…
Trump criticises ruling, says he will transfer responsibility for institution’s operation and management to Congress A federal judge has ordered the John F. Kennedy Center for the Performing Arts to remove President Donald Trump’s name from its building and branding and temporarily halt plans to close the venue for two years, dealing a significant setback…
Nishtar Town records highest rainfall at 48.5mm, 65 LESCO feeders trip as authorities move to keep roads clear LAHORE: Rain, strong winds, and hailstorms lashed different parts of Lahore on Saturday morning, prompting the city’s traffic, water, and power authorities to activate emergency protocols and urge citizens to exercise caution amid adverse weather conditions. According…
Pakistan is doing the right things at the moment in navigating through a complex and uncertain global trade situation. It has recently announced major tariff reforms, due for the last 20 years. Photo: REUTERS ISLAMABAD’: Despite the federal government providing online payment facilities for the buying and selling of sacrificial animals on the occasion of…
Trump ‘to ‘only make a deal that is good for America’ with Iran, according to White House US Secretary of Defense Pete Hegseth speaks at the IISS Shangri-La Dialogue security summit in Singapore, May 30, 2026. PHOTO: REUTERS The US is ready to restart attacks on Iran if a deal cannot be reached, Defence Secretary…
‘Recent escalation demonstrates yet again the imperative of pacific settlement,’ Ambassador Ahmad told UNSC APP May 30, 2026 Less than a minute read A woman holds a Ukrainian flag at a protest near the United Nations office, on the day of U.S.-mediated peace talks between Russia and Ukraine in Geneva, Switzerland, February 17, 2026. PHOTO:…
ISLAMABAD: The federal government has proposed a total size of Rs17.1 trillion for the upcoming fiscal year 2026-27 federal budget, with a GDP growth target of 4.1% and an estimated average inflation rate of 8.4%. Budget sessions of the National Assembly and the Senate have been summoned for June 5 to present the federal budget…
Officials said some containers from MV Popo fell into the sea following the collision In this handout photo, taken and released by Karachi Port Trust, a container ship sits docked at the Karachi Port in Karachi on May 29, 2024. Photo: KPT ISLAMABAD: The government launched an investigation on Friday after two foreign vessels collided…
Revised rules further make it compulsory for organisations to submit authority letters for authorised representatives ISLAMABAD: The federal government has tightened tax registration requirements for international non-governmental and non-profit organisations (INGOs), making a series of additional disclosures and official approvals mandatory in a move aimed at increasing financial transparency and regulatory oversight. Under new amendments…