Cattle markets see last-minute buying surge

KARACHI: The buying and selling of sacrificial animals continued late into the night across Karachi ahead of Eidul Adha, as citizens rushed to complete preparations for the religious festival. A large number of people purchased animals from the city’s 32 officially established cattle markets, including the main market, as well as several smaller roadside markets….

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FSC strikes down suicide law amendment

According to the verdict, suicide is a cardinal sin in Islam and is an anti-life act ISLAMABAD: The Federal Shariat Court (FSC) has declared that the Criminal Laws (Amendment) Act, 2022—pertaining to the omission of the offence of attempt to commit suicide—is un-Islamic. “After hearing the parties at length and meticulously perusing the record, we…

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Sinner, Zverev reach Madrid Open final

Italy’s Jannik Sinner returns a ball to France’s Arthur Fils during the Madrid Open semi-final clash on Friday at the Caja Magica. Photo: AFP MADRID: World number one Jannik Sinner downed Arthur Fils 6-2, 6-4 on Friday to reach the Madrid Open final, where he will face Alexander Zverev. The second seed dispatched promising Belgian…

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ESG funds proposed to draw investment

It will allow investors to earn returns while supporting businesses and projects that meet certain standards ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed the launch of environmental, social and governance (ESG) mutual funds to promote sustainable investment and offer new opportunities to investors. The proposed ESG funds will allow investors to…

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Committee says no to sharing taxpayer data

Lawmakers also seek review of tax exemptions benefiting politically connected entities Research conducted by Australia’s tax authorities revealed that the first communication a new taxpayer receives affects their long-run compliance behaviour. photo: file ISLAMABAD: The National Assembly Standing Committee on Finance on Friday rejected a proposal to share taxpayers’ personal information with banks and also…

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Recovery reliant on imports not exports

SBP warns of structural weaknesses as exports, productivity lag; firms profiteering keeps inflation sticky KARACHI: Pakistan’s economic recovery remains heavily dependent on domestic consumption, imports and remittance inflows rather than exports and productive investment, with the State Bank of Pakistan (SBP) warning that deep rooted structural weaknesses continue to threaten sustainable growth. “It has become…

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Finance minister holds post-budget press conference

Budget delivers on commitment to shift from economic stability to economic growth, says Aurangzeb Finance minister holds post-budget press conference. Screengrab Finance Minister Muhammad Aurangzeb, flanked by Information Minister Attaullah Tarar, Minister of State for Finance Bilal Azhar Kayani, Finance Secretary Imdadullah Bosal, FBR Chairman Rashid Mahmood Langrial, and Head of the Tax Policy Office…

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Putin says Russia ready for peace talks with Ukraine based on Anchorage, Istanbul agreements

Says Ukraine is trying to create favourable conditions ahead of stalled peace talks Russia’s President Vladimir Putin attends a meeting with graduates of higher education institutions of the Defence Ministry, Emergencies Ministry, Federal Security Service, Federal Guard Service, National Guard, Interior Ministry, Investigative Committee and Federal Penitentiary Service in Moscow, Russia, June 23, 2026.PHOTO: REUTERS…

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Man, son gunned down over land dispute

Police say assailants intercepted their vehicle and opened fire before fleeing the scene RAWALPINDI: A man and his son were shot dead while two passing women were injured in a double murder incident over a land dispute in the Chakri area of Nasirabad Police Station limits, Rawalpindi. According to police, the victims identified as Syed…

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