Govt okays Rs4.3tr development plan

ISLAMABAD: The federal government on Monday cleared Rs4.3 trillion worth national development programme for the new fiscal year, three-fourth of it funded by provinces, including Rs87 billion allocations for what Planning Minister Ahsan Iqbal called the “cost of a coalition government”. The Annual Plan Coordination Committee (APCC) recommended the total national development budget of Rs4.264…

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PSX jumps 2,238 points on Eid cheer, US-Iran hopes

KARACHI: The Pakistan Stock Exchange (PSX) witnessed strong bullish momentum on Friday, after the break of Eidul Azha holidays, with the benchmark KSE-100 Index surging 2,238 points (+1.30% DoD) to close at a fresh high of  173,963. The market opened on a strong footing as investor sentiment improved amid encouraging progress in ongoing United States-Iran…

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Naqvi to visit Iran on Saturday amid US-Iran mediation push, Pakistani sources

Both review prevailing security environment in the country and measures being taken to maintain peace and stability Prime Minister Shehbaz Sharif gave guidance to Interior Minister Mohsin Naqvi on Saturday ahead of the latter’s upcoming visit to Iran as Pakistan’s diplomatic efforts to achieve peace between Tehran and Washington continue. The interior minister met the…

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Two dead as social media dispute turns deadly

BHAKKAR: A petty dispute that began on social media escalated into a deadly armed clash in Bhakkar, leaving two young men dead and five others injured. Following the tragic incident, authorities have approved the establishment of a permanent police post at the District Headquarters (DHQ) Hospital to strengthen security and ensure a rapid response to…

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Inter on brink of Serie A title

Inter Milan players applaud fans after the match. Photo: REUTERS LONDON: Serie A leaders Inter Milan could be crowned champions of Italy this weekend when they take on Parma at the San Siro, as a brewing referee scandal threatens the integrity of Italy’s top flight. Holding a 10-point lead over Napoli, who are at Champions…

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