Economy shows resilience amid Iran war fallout

The Pakistan Economic Survey on Thursday showed that the government missed three major macroeconomic goals but it maintained the external sector stability and a broad-based recovery in the outgoing fiscal year despite adverse impacts of the Middle East war. According to Pakistan Economic Survey 2025-26, the government could not achieve the targets of 4.2% economic…

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Nepali climbers begin Everest season

KATHMANDU: A team of Nepali climbers reached the summit of Mount Everest on Wednesday, opening the route for hundreds of mountaineers expected to attempt the world’s highest peak in the coming weeks. At least 12 members of a rope-fixing team made the ascent, marking the traditional start of the spring climbing window, expedition organisers said….

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Flintoff named Sydney Thunder head coach

SYDNEY: England cricket legend Andrew Flintoff was named Tuesday as head coach of the Sydney Thunder, the Big Bash League team said, hailing it as their “most significant off-field acquisition in club history”. The 48-year-old has signed a two-year deal for what will be his first overseas coaching role, following weeks of speculation. Former England captain Flintoff starred for…

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Pakistan wins Hague ruling in IWT row

PCA upholds restrictions on pondage for Indian projects Says IWT places limits on Delhi’s ability to control flow ISLAMABAD: In a landmark ruling, the Permanent Court of Arbitration (PCA) in The Hague delivered a supplemental award upholding Pakistan’s position regarding maximum pondage limits for Indian hydroelectric projects on the western rivers. Under the Indus Waters…

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EAD, AIIB sign $320.16m loan agreement for reconstruction of National Highway N-5

The project will upgrade key N-5 highway sections across Sindh, Punjab and Khyber-Pakhtunkhwa The agreement was signed between Muhammad Humair Karim Kidwai Secretary EAD and Konstantin Limitovskiy Chief Investment Officer, Public Sector & Project and Corporate Finance at AIIB. PHOTO: APP The Economic Affairs Division (EAD) and the Asian Infrastructure Investment Bank (AIIB) on Tuesday…

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KDLB layoff cost hits Rs24b

Govt okays Rs5b share, AD Ports refuses to absorb 2,545 workers forcing KPT to bear Rs19b liability ISLAMABAD: The government has moved to lay off around 2,545 dock workers of the Karachi Dock Labour Board (KDLB) after AD Ports refused to take their services. These workers, employed for over 50 years, will cost approximately Rs24…

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