Major pipeline was ruptured on Friday night during ongoing Red Line construction activities KARACHI: For residents of Gulshan-e-Iqbal and several adjoining neighbourhoods, development projects meant to modernise the city have become a source of daily hardship. As excavation work for the Red Line BRT, K-IV project and road upgrades continues along University Road, repeated ruptures…
Poll shows 34% approve of Trump, down from 36% in April 15-20 Reuters/Ipsos survey US President Donald Trump attends an arrival ceremony for Britain’s King Charles and Queen Camilla on the South Lawn of the White House in Washington, D.C., US, April 28, 2026. REUTERS President Donald Trump’s approval rating fell to the lowest level…
PLL floated urgent tenders for the import of three LNG cargoes covering the delivery window from April 27 to May 14 ISLAMABAD: After securing multiple bids for short-term supply, the Pakistan LNG Limited (PLL) board on Saturday approved the purchase of one liquefied natural gas (LNG) cargo from the spot market, scheduled to arrive in…
Since July 22, numerous unauthorised exchange outlets have been closed after the military intelligence agency summoned currency dealers to address the rising dollar rate in the open market. photo: file KARACHI: Pakistan posted a staggering current account surplus of $1.07 billion in March 2026, down from $1.28 billion a year ago, but sharply higher than…
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…
ISLAMABAD: The government is considering proposals either seeking imposition of a windfall gain tax to take a pie out of the estimated Rs130 billion profit being earned by oil sector companies during war time or a mechanism to pay back to consumers after recovering the money from these entities. Prime Minister Shehbaz Sharif has constituted…
BENGALURU: Three Indian-flagged tankers carrying more than 860,000 metric tons of oil and 94 Indian crew members have safely transited the Strait of Hormuz and are en route to India, shipping minister Sarbananda Sonowal said on Saturday. Sonowal posted on X that the Desh Vaibhav, Desh Vibhor and Sanmar Herald had all completed the transit….
FO says cross-border attacks and infiltration continue from Afghanistan despite Pakistan’s gesture of ceasefire pause A Pakistani army soldier stands guard on a border terminal in Ghulam Khan, a town in North Waziristan, on the border between Pakistan and Afghanistan. Photo: AFP The Foreign Office responded to media queries regarding a social media post by…
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,…
ISLAMABAD: The government has formally invited expressions of interest from local and international investors for the privatisation of three major electricity distribution companies(DISCOs): Faisalabad Electric Supply Company (FESCO), Gujranwala Electric Power Company (GEPCO), and Islamabad Electric Supply Company (IESCO), according to a statement on Tuesday. Investors can acquire between 51% and 100% shareholding with management…