. A combination picture of President Asif Ali Zardari (L) and Prime Minister Shehbaz Sharif (R). PHOTO: Radio Pakistan ISLAMABAD: President Asif Ali Zardari and Prime Minister Shehbaz Sharif on Sunday felicitated the Christian community in Pakistan and worldwide on the occasion of Easter. The Christian community in Pakistan and around the world celebrated Easter…
KARACHI: Businessmen Panel Progressive (BMPP) General Secretary Khurram Ijaz has warned that debt servicing is swallowing more than half of Pakistan’s tax revenue, urging policymakers to rethink borrowing-led strategies and strengthen indigenous economic capacity. Citing budget documents, he noted that the government has earmarked Rs8.054 trillion for mark-up payments in FY2026-27, including Rs6.96 trillion on…
LONDON: Jon Rahm has reached a deal with the European Tour that will allow him retain his membership and remain eligible for next year’s Ryder Cup at Adare Manor in Ireland. In an agreement similar to that signed by eight other LIV golfers in February, the Spaniard will pay all outstanding fines for playing in…
Pakistan hockey team players celebrate after scoring during their emphatic 7-2 win over Malaysia in the Sultan of Johor Cup match held in Johor Bahru on Saturday. Photo: X The Pakistan men’s national field hockey team is preparing for a crucial stretch in 2026 after securing qualification for the FIH Men’s Hockey World Cup 2026,…
Agreed rules allow European Commission to suspend tariff preferences if US continues to impose tariffs above 15% US and European Union flags and a “tariffs” label are seen in this illustration taken April 10, 2025.PHOTO: REUTERS The European Parliament on Tuesday gave its final backing to legislation implementing the European Union-United States trade agreement reached…
ISLAMABAD: ISLAMABAD Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Sunday said the Karachi Port Trust (KPT) had achieved the highest annual cargo handling volume in its 138-year history, describing the milestone as a reflection of the growing maritime sector and improved port efficiency. The minister said KPT had surpassed its previous all-time cargo…
ISLAMABAD: The domestic ceramic tiles and glass industries have cautioned the government that massive reductions in import duties under the second phase of tariff rationalisation policy in the budget (2026-27) would result in total closure of local manufacturers. It has come to the notice of domestic producers that regulatory duty (RD) would be reduced by…
Prolonged Gulf conflict can reduce annual inflows, pose threat to external account To cover losses, successive governments have increased electricity prices and imposed a Rs3.23 per unit surcharge to service debts taken for power distribution companies, pushing energy prices to the highest levels in the region. Photo: file KARACHI: As Pakistan grapples with the fear…
Pakistan women were restricted to 100 for eight in pursuit of 124 as Bangladesh secured a 23-run win in the 15th match of the ICC Women’s T20 World Cup 2026 at the Hampshire Bowl in Southampton on Saturday. Pakistan will now take on Australia on 23 June at the Headingley Cricket Ground in Leeds. Opting…
Finance Minister Muhammad Aurangzeb speaks during a Reuters interview at the 2025 annual IMF/World Bank Spring Meetings in Washington, DC, US, April 25, 2025. Photo: Reuters/ File Finance Minister Muhammad Aurangzeb has departed for the United States to attend the World Bank Group–International Monetary Fund (IMF) spring meetings 2026, where he is set to engage…