Water Resources Division is the largest beneficiary with Rs103.80b, followed by Rs88b proposed for Power Division ISLAMABAD: Ahead of the presentation of the federal budget for Fiscal Year 2026-27, the government on Friday proposed a Federal Public Sector Development Programme (PSDP) of Rs1 trillion as part of the broader Rs17.5 trillion budget, according to official…
SBP faces dilemma as supply-side pressures clash with need to protect 3.89% GDP growth KARACHI: Brokerage houses have suggested ahead of the State Bank of Pakistan’s (SBP) upcoming Monetary Policy Committee (MPC) meeting that a policy rate hike would be counterproductive and lead to overcorrection. In its latest preview, Arif Habib Limited (AHL) argued that…
PM says, Pakistan values its cordial and friendly relations with Bulgaria, expresses hope for closer cooperation Prime Minister Shehbaz Sharif on Wednesday congratulated Rumen Radev on what he described as a “historic victory” in Bulgaria’s recent parliamentary elections. In a post shared by the PM Shehbaz on X, he said Pakistan “values its cordial and…
Nvidia CEO says RTX Spark chip with Microsoft aims to reinvent PCs for the AI era [1/2] NVIDIA CEO Jensen Huang introduces the RTX Spark GPU during a keynote address on the sidelines of the annual Computex trade show in Taipei, Taiwan, June 1, 2026. REUTERS/Ann Wang Purchase Licensing Rights Nvidia on Monday unveiled a…
Rescue workers extinguish fire on a van near Khajut on the Islamabad-Murree Expressway. PHOTO: EXPRESS RAWALPINDI: At least 10 people were killed and 13 others injured on Wednesday when a passenger van carrying members of the same family plunged into a stormwater drain and caught fire on the RawalpindiMurree Expressway near Khajut, Motorway Police spokesperson…
South African Olympic champion Caster Semenya poses at a press conference in Cape Town on March 29. Photo: AFP CAPE TOWN: South African Caster Semenya, a two-time Olympic 800 metres champion, said on Sunday that the IOC’s reinstatement of gender verification tests for the 2028 Los Angeles Games was “a disrespect for women”. The former…
Spiritual leader of the Ismaili community greeted by senior officials, community representatives, residents President Asif Ali Zardari receives Prince Rahim Aga Khan V at Islamabad’s Noor Khan Airbase on Wednesday. Photo: X Prince Rahim al-Hussaini Aga Khan V, the spiritual leader of the Ismaili Muslim community, received a grand welcome upon his arrival at Gilgit…
Investigators probe riders, women-led groups, ‘links to educational institutions, officials’ KARACHI: What began as a routine narcotics probe has now unfolded into one of Karachi’s largest alleged online drug trafficking networks, exposing a shadowy web of over 70 suspected dealers operating across the metropolis – with the so-called “Cocaine Queen” Anmol alias Pinky emerging at…
The claim that North Korean leader Kim Jong-Un threatened a nuclear missile attack on Israel is false An April 6, 2026, news report by Al Jazeera stated that North Korea was distancing itself from Iran in hopes of reviving talks with the US. PHOTO: FILE Multiple accounts, including accounts that appear to be pro-Iranian based…
Pilgrims say they offered special prayers during Hajj for Pakistan, its economy, and national institutions KARACHI: KARACHI PIA on Sunday launched its post-Hajj operation for Karachi as the first flight carrying returning pilgrims arrived from Jeddah with more than 100 Hajjis on board. The pilgrims arrived at Karachi’s Jinnah International Airport on flight PK-860, marking…