NTC decision in soda ash case draws criticism

ISLAMABAD: The National Tariff Commission’s (NTC) final determination in the soda ash dumping investigation has triggered criticism from the downstream industrial consumers and trade stakeholders, who describe the injury determination as legally flawed, economically unsustainable and contrary to the commission’s established practice. The respondents, including the Soap Manufacturers Association, chemical manufacturers, International Silicate and the…

Read More

US launches multiple strikes on Iran, which retaliates against US targets in region

US completes ‘wave of strikes’ on Iran as Tehran retaliates with attacks on military bases in Bahrain, Jordan, Kuwait Spokesperson for the Islamic Republic of Iran Army Brigadier General Mohammad Akaminia. PHOTO: IRNA on X Spokesperson for the Iranian army Brigadier General Mohammad Akaminia stressed over Iran’s strategy in controlling the Strait of Hormuz, and…

Read More

Pakistan pitches China, UK for investment

ISLAMABAD: Pakistan’s Ambassador to China Khalil Hashmi called on Finance Minister Muhammad Aurangzeb to discuss economic cooperation and investment promotion, according to a statement on Wednesday. Hashmi informed the minister that Memoranda of Understanding (MoUs) valued at over $20 billion had been signed between Pakistani and Chinese entities, with many progressing into formal agreements. He…

Read More

Argentina stun England in comeback

Lionel Messi sinks to his knees after Argentina reached their second consecutive World Cup final. Photo: AFP ATLANTA: Lautaro Martinez scored a 92nd minute winner as Lionel Messi inspired World Cup holders Argentina to a stunning comeback to beat England 2-1 on Wednesday and set up a final with European champions Spain. England had been…

Read More

Two cops martyred in twin K-P attacks

Six policemen among 10 injured in car bombing at Bannu police station. MIRANSHAH: At least two police personnel were martyred and 26 people, including 22 policemen, injured in separate terrorist attacks in Khyber-Pakhtunkhwa’s Bannu and Lower Dir districts on Wednesday, while search and clearance operations in the affected areas continued amid heightened security. In Bannu…

Read More

Trade deficit hits decade-high $39.4b

Exports decline 6.8% to $30.1b as imports surge 17.6%, exposing structural weakness KARACHI: Over the past decade, exports grew by a mere 37.4%, up from $21.9 billion in FY2016 to $30.1 billion in FY2026. In the same period, imports surged 69.1% to reach $69.5 billion, causing the trade gap to balloon by 105.2% – the…

Read More

Gold steady despite US-Iran tensions

Rises Rs900/tola, though international markets fall on producer price data; rupee inches up Gold imitation and US dollar banknotes are seen in this illustration picture taken February 20, 2026. Photo: Reuters RATODERO/KARACHI: Gold prices in Pakistan posted gains, although marginal, on Wednesday, bucking the softer trend in international markets, where the precious metal trimmed losses…

Read More

Has Pakistan taken a back seat?

ISLAMABAD: For months, Pakistan found itself in an unfamiliar but influential role: acting as one of the principal mediators between Iran and the United States at a time when the two adversaries appeared dangerously close to a wider regional war. Today, however, that diplomatic momentum has all but evaporated. The renewed exchange of military strikes…

Read More