The government has agreed to the need for a mini-budget if revenues fall short of expectations by end-December 2025, according to the IMF. Photo: file ISLAMABAD: Talks between Pakistan and the International Monetary Fund (IMF) to secure approval for next year’s budget before its presentation in the National Assembly are set to begin on Wednesday,…
Both sides pause strikes after hitting targets Trump says peace talks in final stages Warns ignorance could derail Part of a missile protrudes from the ground following strikes from Iran in the Israeli-occupied West Bank. Photo: REUTERS WASHINGTON/TEHRAN: A fragile calm appeared to return to the Middle East on Monday after Israel and Iran signalled…
At current prices, the looted gold is worth around $70 million. PHOTO: PIXABAY Gold rose more than 1% on Tuesday, recovering from a near one-week low hit in the previous session, as hopes of a resolution to the war in Iran weighed on the dollar and eased inflation concerns as oil prices eased. Spot gold…
IT and services exports – already crossing the multibillion-dollar mark – are growing at a faster clip than goods and carry immense significance. Photo: file KARACHI: Pakistan’s Information and Communication Technology (ICT) and telecommunications sectors recorded notable growth during FY2026, according to the Pakistan Economic Survey unveiled on Thursday. ICT exports reached $3.388 billion, while…
Hundreds of organisers and Amazon workers took streets to stage a fashion event, raising awareness on worker rights Just hours before the 2026 Met Gala, hundreds of labor organizers staged their own counter–fashion show in downtown Manhattan, protesting Amazon founder Jeff Bezos’s involvement in this year’s event. Hundreds gathered in the Meatpacking District to…
UN flag fluttering in front of United Nations headquarters in New York. PHOTO: REUTERS The United Nations on Wednesday expressed outrage over the destruction of a statue of Jesus by an Israeli soldier in southern Lebanon. Responding to Anadolu’s question on the incident, the secretary-general’s spokesperson, Stephane Dujarric, told a news conference that the UN…
Over 13,000 glaciers face rising threats; rapid glacier melt threatens northern regions Experts say region is prone to various natural disasters. PHOTO: AFP ISLAMABAD: Pakistan must take urgent and decisive action to curb the accelerating melt of glaciers in its northern mountainous regions by strengthening monitoring systems, improving policy implementation, and expanding community-based adaptation measures,…
ISLAMABAD: Italian Ambassador Marilina Armellin and Danish Ambassador Maja Mortensen called on Federal Minister for Commerce Jam Kamal Khan to discuss avenues for enhancing bilateral trade, investment and economic cooperation. The minister highlighted Pakistan’s role as a responsible global partner and its efforts to promote dialogue and de-escalation in times of geopolitical tensions. He noted…
Says Third Schedule expansion will curb tax evasion, apply full levy at manufacturing stage LAHORE: Pakistan’s fast-moving consumer goods (FMCG) industry has urged the government to expand the scope of the Third Schedule under the General Sales Tax (GST) regime, arguing that the move will improve price transparency for consumers, reduce tax evasion, and simplify…
A story of resilience, strength and most of all, fashion. The dynamic duo, Saira and Shakira complete 10 years as a design house and are one of the leading couturiers in Pakistan. Every struggle turned into passion and every obstacle became a step towards the goal. Saira Shakira’s new bridal campaign is a celebration of…