MG JW Automobile Pakistan has signed an agreement with Bangladesh’s RANCON Group to export locally assembled vehicles to Bangladesh, marking a significant milestone for Pakistan’s automotive industry, according to a statement on Thursday. Under the agreement, MG JW will export 100 vehicles to Bangladesh during the current year, with total exports projected to reach 5,800…
ISLAMABAD: The State Bank of Pakistan’s (SBP) foreign exchange reserves declined by $229 million during the week ended July 24, 2026, settling at $17.03 billion, the central bank said. The drop was attributed to external debt repayments. Pakistan’s total liquid foreign reserves stood at $22.4 billion as of July 24. Of these, the SBP held…
ISLAMABAD: The Supreme Court has held that a party guilty of unnecessary delay, negligence and abuse of the judicial process is not entitled to equitable relief, observing that the law of limitation is not a mere technicality but a substantive legal framework designed to ensure timely and final resolution of disputes. A three-member bench comprising…
KARACHI: Pakistan and its territorial waters have been removed from the Listed Areas of Lloyd’s Market Association’s Joint War Committee (JWC), after more than two decades, a move that will help reduce war-risk insurance premiums and shipping costs. The announcement was made by Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry while addressing the…
US-Iran tensions pose fresh risks as remittances, stocks surge but exports, FDI decline IMF projects 7.2% inflation this fiscal year, up from its earlier 6.3% estimate. PHOTO: PIXABAY ISLAMABAD: The Ministry of Finance has cautioned that renewed escalation in tensions between the United States and Iran could trigger volatility in global energy prices, trade flows…
The sun sets behind oil pumps outside Vaudoy-en-Brie, near Paris, France, March 18, 2026—REUTERS ISLAMABAD: The government has decided to press ahead with phased deregulation of the oil industry, which comes after shifting from the weekly to daily petroleum price revisions in the face of continuing US-Iran war. Officials say that Pakistan’s experience demonstrates that…
Pashto cinema’s decline raises concerns over future of one of K-P’s richest cultural traditions PESHAWAR: For generations of Peshawar residents, a trip to the cinema was more than an evening’s entertainment. It was a shared cultural ritual where families gathered, friendships were forged and Pashtun stories unfolded on the silver screen. Today, many of those…
BY SEA: Migrants swim through Spain’s Ceuta border from the Moroccan side and climb onto rocks to reach the border fence, in Ceuta, Spain. PHOTO: REUTERS SPAIN/ CEUTA: Spain will deploy military units to reinforce police in the North African enclave of Ceuta after thousands of migrants broke through the border from Morocco on Thursday,…
BAJAUR: Unidentified assailants destroyed a government primary school in the Kharki area of Tehsil Mamond by planting explosives inside the building late at night, local sources said. The powerful blast severely damaged the school structure and spread fear across the locality. Police and other relevant officials reached the scene, collected evidence and launched an investigation….
Newly appointed Italy head coach Roberto Mancini. Photo: AFP Defending champion Arshad Nadeem progressed to the men’s javelin throw final at the 2026 Commonwealth Games, despite falling short of the automatic qualification mark in difficult weather conditions on Thursday. A strong headwind made scoring big distances difficult throughout the qualification round, with none of the…