PM Shehbaz directs faster implementation of government right-sizing reforms

Says performance of govt institutions should be significantly improved through modern technology and better training Prime Minister Shehbaz Sharif chairs a review meeting regarding rightsizing and improving efficiency of the Federal Government in Islamabad. Photo: X Prime Minister Shehbaz Sharif on Tuesday directed authorities to accelerate the implementation of rightsizing measures aimed at improving government…

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G-B budget and overall economy

Region has limited fiscal space to build infrastructure, productive capacity to expand its economic, revenue base KARACHI: The Gilgit-Baltistan (G-B) government presented a delayed full-year budget of Rs218.845 billion for fiscal year 2026-27 on Tuesday. The budget carries a deficit of more than Rs52 billion and the government is seeking additional funds from the federal…

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PHC seeks FIA report on offloading

PESHAWAR: The Peshawar High Court (PHC) has sought a detailed report from the Federal Investigation Agency (FIA) on a petition filed by a student who alleged that he was prevented from travelling to Türkiye to pursue nursing studies and was offloaded from his flight at the airport. A two-member bench comprising Justice Syed Arshad Ali…

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Shisha cafés face regulatory clampdown

ISLAMABAD:   The Islamabad High Court (IHC) on Wednesday directed the district administration to formulate rules governing shisha cafés within one month. Chief Justice Sardar Muhammad Sarfraz Dogar remarked that the shisha cafés would not be allowed to operate in their current manner without rules being formulated. “No rules have been made and there are…

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PSX rebounds, gains over 1,700 points

KARACHI: After two days of downtrend, the Pakistan Stock Exchange (PSX) witnessed strong bullish momentum in early trading on Friday, with the benchmark KSE-100 Index climbing over 1,700 points before the market was suspended for Friday prayers. According to the latest available data, the KSE-100 Index stood at 182,989.51 points, reflecting a gain of 1,729.84…

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Pakistan, US discuss trade, investment

Pakistan Finance Minister Muhammad Aurangzeb. Photo: Reuters/ File ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb met US Chargé d’Affaires Natalie Baker on Monday to discuss bilateral economic relations and opportunities for strengthening financial cooperation, a statement from the Finance Division said. Aurangzeb briefed Baker on his recent visit to Washington, where he…

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Barcelona hit seven in Racing Santander rout

Raphinha bags hat trick as Barcelona score 7 to set record start. Photo: AFP BARCELONA: Raphinha scored a hat-trick as Barcelona ripped Racing Santander to shreds in a spectacular 7-2 triumph in La Liga on Wednesday. Hansi Flick’s league leaders preserved their 100 percent record with a thumping victory over their promoted opponents, moving three…

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ECC overrules objections to EVTL lease extension

Investment minister’s protest rejected; inquiry ordered into lack of competitive bidding ISLAMABAD: The Economic Coordination Committee (ECC) on Tuesday overruled objections raised by Investment Minister Qaiser Sheikh, who had opposed the 30-year lease extension for the Engro Vopak Terminal by declaring it a violation of public procurement rules. Headed by Finance Minister Muhammad Aurangzeb, the…

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FCC ruling ends 68-year inheritance row

. ISLAMABAD: After 68 years, the Federal Constitutional Court (FCC) has restored the inheritance rights of the heirs of a pre-deceased daughter, rectifying a longstanding legal wrong arising from an omission in revenue records. A division bench of the FCC, headed by Chief Justice Ameenuddin Khan, resolved the decades-old dispute by restoring the inheritance rights…

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