An exchange of attacks between US and Iranian forces this week has raised doubts over the truce A man holds a flag with a picture of late leader of the Islamic Revolution Ayatollah Ruhollah Khomeini, late Supreme Leader of Iran Ayatollah Ali Khamenei and Iran’s new Supreme Leader Mojtaba Khamenei, during a rally in Tehran,…
PM addresses B2B investment confab in Hangzhou; highlights opportunities in agri, mineral secters Prime Minister Shehbaz Sharif walks with China’s Environment and Ecology Minister Huang Runqiu after arrival at Beijing Capital International Airport. Photo: APP HANGZHOU: Pakistani and Chinese companies signed agreements and memorandums of understanding (MoUs) worth more than $7 billion during a series…
Defence minister says improvement in Pak-Iran relations, easing of sanctions on Tehran can create opportunities Defence Minister Khawaja Asif addressing the National Assembly. SCREENGRAB Defence Minister Khawaja Asif on Tuesday said Pakistan’s economy had moved “out of the ICU” and is now showing signs of recovery, adding that the country could achieve 6–7% growth in…
Weekly inflation rises 1.4% on surge in tomato, chicken, LPG prices amid oil disruption KARACHI: The Sensitive Price Indicator (SPI) remained elevated at 13.09% year-on-year for the week ended July 16, 2026 as prolonged closure of the Strait of Hormuz amid the Israel-US conflict with Iran continued to disrupt global oil supply chains and push…
The federal government on Friday hiked the price of petrol by Rs14.92 and that of high-speed diesel (HSD) by Rs15 for the next week amid the fuel crisis triggered by the blockade of the Strait of Hormuz amid the war between the United States and Iran. According to a press release from the Petroleum Division,…
Dairy, food sectors sensitive to energy fluctuations, logistics inefficiencies, meeting told International experience shows that trade tends to stabilise border regions by creating employment, formalising economic activity, and aligning local incentives with peace and continuity. Photo: file ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan held a meeting with Romina Khurshid Alam, coordinator to the…
‘E20’ fuel faces rising criticism as govt says data shows no evidence of vehicle damage MUMBAI: Indian government and auto industry officials on Saturday defended the mandatory rollout of petrol blended with 20% ethanol, saying years of testing and service data showed no evidence of widespread vehicle damage, despite public concerns over lower fuel efficiency…
ISLAMABAD: Two schools of thought have emerged in the recent debate on the 18th constitutional amendment, which brought a structural shift towards devolution. One school – let’s call it centralists – has argued that the federal government is now structurally weak and in a perpetual fiscal crisis, since 57.5% of divisible resources are transferred to…
QUETTA: Balochistan Chief Minister Mir Sarfaraz Ahmed Bugti announced on Tuesday criticised a small extremist element attempting to push the Baloch people into a futile conflict through violence. He stressed that destroying infrastructure, bridges, and commercial transport directly harms the livelihood and progress of the local Baloch community. He said that the Balochistan government will…
Commission clears 19 appointments across 4 high courts; doesn’t select ant candidate below 45 The Pakistan Peoples Party (PPP) failed to secure approval for any of its preferred nominees for appointment as high court judges, as the Judicial Commission of Pakistan (JCP) on Wednesday cleared 19 appointments and confirmations across four high courts during meetings…