Per capita income climbs to $1,901

ISLAMABAD: Pakistan’s economy grew 3.7% in the outgoing fiscal year, missing the annual target and dashing hopes of higher growth due to slowing wheels of the industry and construction sectors, which has contributed to higher unemployment in the country. The 3.7% growth rate was pulled by the services sector, followed by 3.5% growth in the…

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NA toughens law against child abuse

ISLAMABAD: The National Assembly on Tuesday gave the nod to the Anti-Rape (Amendment) Bill 2026, which declares sexual assault, physical abuse and child exploitation non-bailable offences. Under the provisions of the anti-rape amendment, law enforcement agencies must ensure child victims undergo medical examination by a certified forensic expert within 24 hours. The law also mandates…

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Machida Zelvia’s remarkable journey

Machida supporters wave flags during a home match in 2024. Photo: AFP TOKYO: Japan’s Machida Zelvia shared their clubhouse with senior citizens doing fitness classes less than a decade ago. Now they’re one win away from being Asian champions. The team from the Tokyo suburbs will look to complete their remarkable transformation from non-league nobodies…

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Policy risks eat into export revenue

LAHORE: Pakistan is losing hundreds of millions of dollars in export revenue every month, not because of foreign tariff wars or global trade conflicts, but because of the uncertainty generated by its own policymaking machinery, according to a new study released by economists Azam Chaudhry and Gul Andaman of the Lahore School of Economics (LSE)….

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Govt proposes Rs1tr development budget

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…

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FM Dar hopeful of progress in US‑Iran talks, urges peaceful settlement through negotiations

Terms US-Iran dialogue crucial for global peace and economy, says talks progressed positively in Islamabad Deputy Prime Minister and Foreign Minister Ishaq Dar briefs members of the diplomatic corps at the Foreign Office in Islamabad on the first anniversary of “Marka-e-Haq” on Tuesday. Photo: X/ FO Deputy Prime Minister and Foreign Minister Ishaq Dar on…

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Finance minister briefs UK delegation on reform agenda, budget priorities

Meeting discussed Pakistan’s macroeconomic outlook, fiscal, structural reform agenda, Budget 2026–27 priorities Finance Minister Muhammad Aurangzeb during a meeting with UK Parliamentary Under-Secretary of State for the Middle East, North Africa, Afghanistan and Pakistan (MENAP) Hamish Falconer and British High Commissioner Jane Marriott, along with senior officials from both sides at the Finance Division. PHOTO:…

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