Business leaders urge honest budgeting as industrial slowdown, external pressures intensify LAHORE: As Pakistan heads towards the federal budget 2026-27 amid growing regional uncertainty and persistent economic fragility, nearly the entire business community, economists and business analysts are warning that the country’s external account pressures are once again beginning to intensify. There are fears that…
Says committee reviewed progress on various proposals, emphasised the need for growth-oriented measures Deputy Prime Minister and Foreign Minister Ishaq Dar on Thursday chaired a follow-up meeting of the committee constituted by the Prime Minister Shehbaz Sharif to continue deliberations on tax policy proposals for the forthcoming budget. According to a post on X, DPM…
Describes CBS report as ‘misleading, speculative, and disconnected from factual context’ Foreign Office spokesperson Tahir Andrabi speaking at the FO weekly press briefing. SCREENGRAB ISLAMABAD: Foreign Office Spokesperson Tahir Andrabi on Thursday said Pakistan remains committed to constructive engagement, dialogue and diplomatic solutions for regional peace, while rejecting “misleading international media reports” and addressing recent security…
KARACHI: Pakistan equities on Wednesday experienced a volatile session as early optimism gave way to selling pressure over geopolitical concerns. The benchmark KSE-100 index at the Pakistan Stock Exchange (PSX) opened on a positive note and displayed resilience during early trading, but it later turned bearish and directionless as investors remained cautious amid geopolitical uncertainty…
Says missile ‘equipped with advanced avionics, is capable of engaging long-range targets with high precision’ Training fire of the indigenously developed Fatah-4 ground launched cruise missile: Screengrab The Pakistan Army on Thursday successfully conducted a training fire of the indigenously developed Fatah-4 ground-launched cruise missile, the military’s media wing said in a statement. According to…
Documents also showed a major increase in allocations for development of local communities affected by projects ISLAMABAD: The construction cost of the Mohmand Dam and Dasu Hydropower Project has increased by a combined Rs1.607 trillion, pushing the total estimated cost of the two mega hydropower projects from around Rs800 billion to nearly Rs2.4 trillion. According…
ISLAMABAD: US Assistant Secretary of State for South and Central Asian Affairs S Paul Kapur has expressed Washington’s interest in expanding economic cooperation with Pakistan, noting that American companies are keen to explore long?term investment opportunities in the country, according to an official statement issued on Wednesday. Kapur, accompanied by US Chargé d’Affaires Natalie A…
India, the world’s third-largest oil buyer, normally sources about half of its crude through the Strait of Hormuz India’s Foreign Minister Subrahmanyam Jaishankar addresses the BRICS foreign ministers’ meeting at Bharat Mandapam in New Delhi, India May 14, 2026. PHOTO: REUTERS BRICS foreign ministers, including Iran’s Abbas Araghchi and Russia’s Sergei Lavrov, met in New…
LAHORE: The JUI-F will not become part of any joint movement with the TTAP till past misgivings between them and the PTI are not addressed, said a party official, as contrasting positions emerge from the Tehreek Tahaffuz Ayeen-i-Pakistan (TTAP) and the JUI-F on joint movement. Two meetings – one informal interaction in parliament and another…
The government on Wednesday handed over the responsibility of making the new budget to Deputy Prime Minister Ishaq Dar after it found the initial work below par, as the International Monetary Fund (IMF) also began its own scrutiny of the new tax proposals. Prime Minister Shehbaz Sharif has constituted a Dar?led committee to "review, analyse…