ISLAMABAD: The government announced on Tuesday that it had given in-principle approval for selling 30% shares of Pakistan National Shipping Corporation (PNSC) to National Logistics Corporation (NLC) along with management control, kicking off the process to meet formalities. It also announced a technical supplementary grant “amounting to Rs160 million for repair and maintenance of the…
Notification says all offices, educational institutions, and businesses will remain closed on notified dates Amid the hum of a city gearing up for Eidul Azha, cattle quietly feast on fresh fodder. PHOTO: JALAL QURESHI/EXPRESS Prime Minister Shehbaz Sharif on Wednesday approved a three-day public holiday on the occasion of Eidul Azha from May 26-28 (Tuesday…
PPP chairman instructs party to begin preparations for local bodies elections during his visit to Lahore Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari. SCREENGRAB LAHORE: PPP Chairman Bilawal Bhutto Zardari has instructed the party’s Lahore chapter to immediately complete organisational restructuring down to the grassroots level and begin preparations for local bodies elections during…
Brokerage estimates transport index up 6.9%, food up 1.5% and SBP policy tightening KARACHI: Pakistan’s headline inflation is projected to rise to 12.2% year-on-year in May 2026 as mounting fuel and food prices outweigh relief from lower electricity charges, according to Optimus Capital Management. The brokerage expects the National Consumer Price Index (NCPI) to increase…
A Greek Coast Guard vessel transfers activists of the Global Sumud Flotilla, which was intercepted on international waters by the Israeli Navy, at the port of Atherinolakkos, on the island of Crete, Greece, May 1, 2026. PHOTO: REUTERS Israeli authorities said that 430 activists aboard a Gaza-bound aid flotilla were en route to Israel after…
A medical examination of Imran completed at Adiala, and doctors follow up on his affected eye RAWALPINDI: The Islamabad Police on Tuesday prevented K-P Chief Minister Sohail Afridi from proceeding to Adiala Jail in Rawalpindi, where he intended to meet imprisoned PTI founding chairman Imran Khan. Afridi, who set off for the Rawalpindi prison earlier…
ISLAMABAD: The Special Investment Facilitation Council (SIFC) has stepped in to revive almost two-decade-old Tuwairqi Steel Mills project, owned by a Saudi group, by approving the supply of gas – a critical input for steel production. An agreement for setting up the mill had been signed during the tenure of Pervez Musharraf’s government but later…
RAWALPINDI: Chief of Army Staff (COAS) General Syed Asim Munir has said Pakistan’s destined rise cannot be obstructed through propaganda, fake news or externally sponsored terrorism, according to an Inter Services Public Relations (ISPR) news release. Field Marshal Munir, who is also the Chief of Defence Forces (CDF), was interacting with officers and troops of…
Hearing of Miscellaneous applications seeking early hearing of sentence suspension of the couples in the tweets case ISLAMABAD: The Islamabad High Court (IHC) on Tuesday raised an objection to the miscellaneous applications seeking early hearing of the sentence suspension pleas of lawyer Imaan Mazari and her husband Hadi Ali Chattha in the controversial tweets case….
KARACHI: Pakistan Stock Exchange (PSX) on Tuesday staged a modest rally as investors remained calm and engaged in healthy buying activity following recent losses. Positive sentiment prevailed after international oil prices fell nearly 2% in early Asian trade over US President Donald Trump’s statement that he had paused a planned attack on Iran to allow…