ISLAMABAD: The federal government has set the Rs290 to a dollar exchange rate for the new budget, which shows a nominal depreciation of 3.5% in the next fiscal year and indicates its comfort in meeting external debt repayment obligations. The exchange rate has been determined for the purpose of calculating disbursements and repayments of foreign…
RAWALPINDI: Commercial banks have recommended a one-window documentation operation at the Rawalpindi Development Authority to simplify and expedite the prime minister’s housing programme, officials said on Thursday. The proposal came during a consultative session organised by the State Bank of Pakistan’s Rawalpindi office to address implementation challenges facing the ‘Ghar Ho Tou Apna, Apna Ghar…
Enzo Fernandez insists Argentina gave their best despite a controversial World Cup campaign ending in final heartbreak. Photo: AFP/FILE LONDON: Enzo Fernandez insists Argentina represented themselves in the “best possible way” at the World Cup despite the Chelsea midfielder’s red card in the final and a host of ugly incidents in their controversial campaign. Fernandez…
The sun sets behind oil pumps outside Vaudoy-en-Brie, near Paris, France, March 18, 2026—REUTERS Oil prices fell on Tuesday, with markets weighing reports of mediation efforts between the US and Iran against an exchange of fresh attacks between the two and threats of a naval blockade of Saudi Arabia by Yemen’s Houthis. Brent crude futures fell…
KSE-100 slips 0.41% to close around 170,480 as geopolitical concerns weigh on sentiment The Pakistan Stock Exchange (PSX) witnessed a lacklustre, range-bound trading session on Friday, with the benchmark KSE-100 Index closing near 170,480 points, declining approximately 700 points. “A range-bound trading session was observed at the exchange, with the index fluctuating within a narrow…
ARLINGTON: Spain stunned tournament favourites France 2-0 to reach the World Cup final on Tuesday, producing a tactical masterpiece to shatter Les Bleus’ dreams of winning the title for the third time. A first-half penalty from Mikel Oyarzabal and a 58th-minute Pedro Porro goal sealed an utterly clinical victory for the European champions at the…
National Press Club demands withdrawal of NCCIA notice, says journalists’ rights must be protected Journalist Asad Ali Toor. Photo: X/ File The National Cyber Crime Investigation Agency on Wednesday issued a notice to renowned journalist Asad Ali Toor, directing him to appear before the agency in connection with an inquiry into the alleged dissemination of…
Petrol price cut by Rs6 to Rs402.98 per litre, while diesel now costs Rs403.58 after latest revision The federal government on Friday reduced the price of petrol by Rs6 per litre and high-speed diesel by Rs6.80 per litre for the next week, according to a notification issued by the Petroleum Division. Under the revised prices,…
Officials noted that temperatures in recent days have already been recorded 2°C to 4°C above normal levels, signaling an early onset of intense summer conditions. PHOTO: EXPRESS ISLAMABAD: The Pakistan Meteorological Department (PMD) on Saturday warned that heatwave conditions were likely to develop across much of the country from June 7 to 12 as a…
LHC rules govt must honour approvals; restrains RDA from interfering with project RAWALPINDI: The Lahore High Court’s Rawalpindi Bench has issued its detailed verdict against the proposed cancellation of a no-objection certificate (NOC) and demolition of construction on 102 kanals and 14 marlas of land linked to the controversy over issuance of an NOC for…