ISLAMABAD: The Middle East conflict can cause $10 billion to $68 billion annual losses to Pakistan’s economy, and inflation could hit 17% in an extreme oil price volatility situation, said an economist in a briefing to the National Assembly Standing Committee on Finance on Thursday. The three different impact scenarios that Ali Salman, who is…
ISLAMABAD: Major opposition political parties are gearing up for protests against the government over the rising inflation on Friday but they are unable to join hands as Tehreek-e-Tahafuz Ayeen-e-Pakistan (TTAP), Jamiat Ulema-e-Islam (F) and Jamaat-e-Islami (JI), announced their separate plans, highlighting lack of unity among their ranks. Some of the parties openly expressed their lack…
PUBLISHED July 27, 2025 LAHORE/KARACHI/PESHAWAR: It is often said that the end of one thing is just the beginning of another. For one family bidding farewell to a deceased child and multiple others praying for the survival of an ailing loved one, organ donation can be the delicate thread tying together the distant trajectories of…
US and Mexico begin first formal USMCA talks since Washington declined to extend the trade pact on July 1 A drone view shows trucks crossing into the United States via the Zaragoza-Ysleta border bridge, in Ciudad Juarez, Mexico, April 2, 2025. REUTERS US and Mexican trade negotiators will meet for a third round of bilateral…
RAWALPINDI: A feasibility study is being initiated for the proposed generation of electricity from the state-of-the-art Daducha Dam, which is being constructed at the junction of the Kallar Syedan and Kahuta tehsils of District Rawalpindi. In addition, instructions have been issued for the immediate preparation of a PC-I and a detailed study for laying new…
Party says decision reflects solidarity with Kashmiris and its principled stance amid continuing unrest in AJK Pakistan Tehreek-i-Insaf (PTI) on Thursday announced that it would not participate in the upcoming Azad Jammu and Kashmir (AJK) elections, saying the decision was taken in solidarity with the people of the region and in line with what it…
State Bank of Pakistan. Photo: File KARACHI: The State Bank of Pakistan (SBP) said on Tuesday that the country has received $1 billion from the Ministry of Finance of Saudi Arabia, marking the second tranche of a $3 billion deposit agreement with the Kingdom, in a post on X. In the statement, the central bank…
Interior Minister Mohsin Naqvi meets British House of Lords member Lord Zamir Choudrey. Photo: Screengrab (PTV) ISLAMABAD: Interior Minister Mohsin Naqvi on Saturday said the government would welcome foreign investment and ensure all possible facilitation for investors during a meeting with British House of Lords member Lord Zamir Choudrey, state-run Pakistan Television (PTV) reported. During…
Phil Foden and Cole Palmer have been left out of England’s World Cup squad. Photo: AFP/File LONDON: Cole Palmer and Phil Foden were among a number of high-profile players left out of Thomas Tuchel’s World Cup squad announced on Friday. Real Madrid’s Trent Alexander Arnold was also omitted, with Saudi-based Al-Ahli striker Ivan Toney the…
Gold prices increased in Pakistan on Saturday, tracking gains in international markets, while silver prices moved lower in both local and global trade. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold rose by Rs1,300 per tola to reach Rs476,162. The price of 10 grams of gold increased by Rs1,115…