Water war erupts in PA as tensions flood the house

MQM lawmakers halt proceedings with fiery protest over city’s worsening water shortage Leader of the Opposition Ali Khurshidi said several areas, including Gulshan-e-Iqbal and Orangi Town, were facing severe water scarcity. PHOTO: VIDEO GRAB KARACHI: Tempers flared and proceedings descended into chaos in the Sindh Assembly on Monday as lawmakers from the Muttahida Qaumi Movement-Pakistan…

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Government proposes Rs187.2b social outlay

Proposes social sector allocation has been increased to Rs187 billion from the current fiscal year’s Rs147 billion ISLAMABAD: The government has proposed a substantial increase in social sector spending in the upcoming fiscal year, earmarking Rs187.2 billion to support poverty alleviation and sustainable development initiatives under the Sustainable Development Goals (SDGs) framework. According to budget…

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PSX extends losses on Middle East tensions

KARACHI: Pakistan’s stocks extended their losing streak on Wednesday as investors resorted to profit-taking amid a lack of positive triggers and lingering concerns over geopolitical tensions in the Middle East, dragging the benchmark KSE-100 index down by more than 830 points. “Another day was lost to geopolitical uncertainty,” said Ali Najib, Deputy Head of Trading…

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