Airline resumes service as regional tensions ease

Resumption comes after approximately 50 days of halted operations triggered by the Iran-US conflict The first PIA flight to Europe in over four years arrives at the terminal bay at Charles de Gaulle airport in Paris. Pakistan’s state-owned airline resumed flights to Europe after a four-year ban was lifted by EU regulators. Photo: videograb KARACHI:…

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Govt mulls trade bloc with Iran, Oman

Plan under study to connect Gwadar with ports of Iran and Oman to make it re-export hub ISLAMABAD: A plan is under study to form a bloc comprising Pakistan, Iran and Oman to ramp up regional trade and give a boost to trade activities at Gwadar Port. “In future geopolitical policymaking, Pakistan, Iran and Oman…

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Rs425b for unforeseen events likely

Govt may allocate funds in budget to cope with natural disasters, other such expenses The government wants to accelerate economic growth to lower rising poverty and unemployment, but the IMF was of the view that Pakistan has not yet reached a stage where it can afford sustainably higher economic growth. PHOTO: Reuters ISLAMABAD: The government…

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Agricultural tax notifications declared unlawful

LAHORE: Punjab Assembly Speaker Malik Muhammad Ahmad Khan has declared recent government notifications revising agricultural income tax rates as unlawful and ordered an immediate halt to their enforcement, assessments and collections. The ruling came during the 41st session of the Punjab Assembly on a privilege motion moved by MPA Zulfiqar Ali Shah. The Speaker held…

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Pakistan beat Sri Lanka 2–0, set up final clash against arch-rival India in ITF Asia 12

PTF president, secretary general and the entire management congratulated the team on their impressive victory Pakistan stormed into the final of the ITF Asia 12 & Under Team Competition – South Asia 2026 after defeating Sri Lanka 2–0 in the semifinal, the Pakistan Tennis Federation said. The Pakistan team produced a commanding performance, winning both…

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PSX ends range-bound session in red

KARACHI: Pakistan Stock Exchange (PSX) witnessed a range-bound session throughout the final day of the trading week on Friday, with the benchmark index fluctuating within a narrow band before closing in the red. The cautious activity came amid limited progress in US-Iran peace negotiations and persistent regional tensions, including clashes in Lebanon despite a ceasefire….

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