PM orders action in Rs120b solar scam

Two high-level committees formed to probe over invoicing involving importers, govt officials Prime Minister Shehbaz Sharif. Photo: PMO/ File KARACHI: Prime Minister Shehbaz Sharif has ordered immediate legal action against all individuals involved in the Rs120 billion solar panel over-invoicing and money laundering case, according to an official statement. The prime minister expressed concern over…

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Turkish FM says Iran’s nuclear issue ⁠could ​be resolved at ​next round of talks in Pakistan

Says Türkiye is in almost daily contact with all parties involved in the negotiations Turkish Foreign Minister Hakan Fidan. PHOTO: Anadolu Agency Turkish Foreign Minister Hakan Fidan said on Saturday that he believed key sticking points in US negotiations with Iran over nuclear issues could soon be overcome, as diplomatic talks were set to resume during…

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Afridi announces pen-down strike

Afridi alleged that federation was deliberately discriminating against K-P in distribution of NFC Award ISLAMABAD: Khyber-Pakhtunkhwa Chief Minister Sohail Afridi Tuesday announced a province-wide pen-down strike on Wednesday (today), directing government employees to suspend routine administrative work in protest against what the provincial government terms the Centre’s “discriminatory treatment” in financial and constitutional matters. In…

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Mexico to cut school year short

The official ball of the 2026 FIFA World Cup named “Trionda” is displayed during a presentation event in Mexico City, Mexico. Photo: REUTERS MEXICO CITY: Mexican authorities on Friday announced that the school year would end over a month early as the country gears up to host World Cup matches, prompting broad backlash. Education Secretary…

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Gold prices in Pakistan Today

A goldsmith weighs gold jewellery inside a showroom. PHOTO: REUTERS Gold prices in Pakistan declined on Thursday, reflecting losses in the international market, impacting both investors and consumers. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola decreased by Rs9,500, reaching Rs494,662. Similarly, the price of 10-gram gold…

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Budget impact mixed for key sectors

Super tax relief offers lifeline to exporters, while higher fuel levies cloud OMC outlook KARACHI: The Federal Budget FY27 is expected to deliver a mixed but sector-specific impact across Pakistan’s listed and industrial sectors, with fiscal adjustments influencing oil marketing companies, exporters, pharmaceuticals and consumer-facing industries in varying directions. In a detailed post-budget commentary, JS…

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