Petroleum levy jumps 45% to Rs1.2tr

ISLAMABAD: The government reported on Tuesday that petroleum levy collection jumped by Rs371 billion, or 45%, during the first nine months of this fiscal year, as the International Monetary Fund (IMF) projects that Pakistan’s fiscal performance will be even better than in the pre war period. The federal government’s nine month petroleum levy collection amounted…

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PSX falls 1,525 points amid geopolitical jitters

Selling pressure across key sectors drags KSE-100 lower as investor sentiment weakens KARACHI: Pakistan Stock Exchange (PSX) on Monday came under sustained selling pressure as geopolitical concerns prompted investors to offload their holdings, which dragged the benchmark KSE-100 index sharply lower during intra-day trade. At close, the index lost 1,525.24 points, or 0.89%, to settle…

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Pakistan High Commission London marks first anniversary of Marka-e-Haq

Pakistani community in UK pays glowing tributes to armed forces, political leadership and nation Pakistan’s High Commissioner to the United Kingdom commemorated the 1st anniversary of Marka-e-Haq at a ceremony held in London on Friday. The event was attended by British parliamentarians, Pakistan-origin councillors, businessmen, officers of the high commission, media representatives and a large…

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FCC disagrees with SC’s wedlock policy verdict

ISLAMABAD: The Federal Constitutional Court (FCC) has taken exception to a recent Supreme Court judgment that directed all state departments to strictly comply with the Wedlock Policy to address difficulties faced by married government employees. In a 2-page judgment, FCC Justice Aamer Farooq noted that the court could not agree with a judgement authored by…

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COAS diplomacy ushers peace tidings

ISLAMABAD: Hopes of a breakthrough between Tehran and Washington gained fresh momentum on Saturday, buoyed by the sustained diplomatic push of Chief of Defence Forces and Chief of Army Staff Field Marshal Syed Asim Munir, who wrapped up a “short but highly productive” visit to the Islamic Republic. During the visit, the Field Marshal held…

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10,000 Pakistanis travelled to UK on student visas, applied for asylum, NA body told

Says illegal emigration bringing disrepute to Pakistan as several countries have raised issues with Islamabad Director General of the Federal Investigation Agency (FIA) Dr Usman Anwar on Tuesday revealed that as many as 10,000 Pakistanis travelled to the United Kingdom on student visas and subsequently applied for political asylum. The details were revealed during a…

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UN says destruction of Jesus statue by Israeli soldier in Lebanon ‘shocking’

UN flag fluttering in front of United Nations headquarters in New York. PHOTO: REUTERS The United Nations on Wednesday expressed outrage over the destruction of a statue of Jesus by an Israeli soldier in southern Lebanon. Responding to Anadolu’s question on the incident, the secretary-general’s spokesperson, Stephane Dujarric, told a news conference that the UN…

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Islamabad’s NIC swaps traditional career fair for startup matchmaking expo

From equity conversations to on-the-spot hiring, fair redefined how students connect with Pakistan’s startup ecosystem Students gather at the Founders’ Fair at NIC, Islamabad. PHOTO: NIC Islamabad’s National Incubation Centre (NIC) hosted a Founder’s Fair from April 6 to 8, allowing for a curated, high-energy networking expo that bridges the gap between high-growth startups and top…

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