IT sector sets sights high to gain AI edge
Tech exports cross $4.6b mark; experts call for shift from low-cost labour to high-value products…
IT sector sets sights high to gain AI edge
Tech exports cross $4.6b mark; experts call for shift from low-cost labour to high-value products KARACHI: Pakistan, which set its eyes on $5 billion in IT and IT-enabled services exports, closed the 2025-26 fiscal year with a record $4.6 billion in exports, a roughly 21% rise from $3.814 billion in the previous year. The figure…
Afridi breaks ground on Rs2b Jamrud projects
PESHAWAR: Khyber-Pakhtunkhwa Chief Minister Muhammad Sohail Afridi on Sunday visited District Khyber and laid the foundation stones of five development projects worth more than Rs2 billion in Jamrud. The projects include a Nursing College in Jamrud at a cost of Rs636 million, establishment of AI classes at the Institute of Applied Sciences for Rs32 million,…
Judges’ appointment delay sparks questions
Absence of a constitutional deadline has now emerged as a key issue amid the ongoing delay ISLAMABAD: A fresh constitutional impasse appears to be brewing over the appointment of 19 additional judges to the country’s high courts, as President Asif Ali Zardari has yet to either approve the Judicial Commission of Pakistan’s (JCP) recommendations or…
PSX jumps 1,855 points as easing oil prices lift sentiment
Buying sweeps banking, cement, energy and power stocks amid optimism over lower global crude prices KARACHI: The Pakistan Stock Exchange (PSX) kicked off the trading week on a bullish note on Monday, with the benchmark KSE-100 index surging nearly 2,750 points shortly after the opening bell as investors cheered a sharp decline in global oil…
DC, DPO escape unhurt in ambush
Officials then set out for the government chromite factory in Muhammad Khel, also in tehsil Boya MIRANSHAH: Unidentified armed men opened fire on the convoy of North Waziristan’s Deputy Commissioner Taimur Khan Afridi and District Police Officer (DPO) Sajjad Hussain on Sunday, but both senior officers and their accompanying personnel escaped unhurt with no loss…
PML-N wins 13 of 20 AJK seats, secures simple majority: Sanaullah
He says elections were free, fair, credible, acceptable, in line with directions of PM Shehbaz Rana Sanaullah addressing a news conference alongside Minister for Kashmir Affairs Amir Muqam in Islamabad. Photo: APP Adviser to the Prime Minister Rana Sanaullah Khan has said that the Pakistan Muslim League-Nawaz (PML-N) has secured a simple majority in Azad…
Oil slumps on hopes of Iran deal, yen firms after intervention
The sun sets behind oil pumps outside Vaudoy-en-Brie, near Paris, France, March 18, 2026—REUTERS Oil prices skidded and US and European stock futures rose on Monday as hopes of a peace deal in the Middle East grew, while the yen firmed to a three-month high after the US and Japan confirmed joint intervention to prop up the frail currency….
China draws ‘red lines’ around its economic model ahead of EU, US trade talks
Western countries frame China’s policies as mercantilist and opposing global trade rules China is also seeking to expand domestic semiconductor manufacturing capacity and reduce the industry’s reliance on advanced Nvidia chips that are subject to US export controls. PHOTO: REUTERS China is energetically defending its economic policy mix that favours advanced industries over consumption, adopting…
PML-N leads in second phase
Party ahead in five Muzaffarabad Division constituencies; PPP likely to secure three seats PEOPLE’S VOICE: A woman casts her ballot at a polling station during the second phase of elections for the AJK Legislative Assembly in Muzaffarabad. PHOTO: AFP MUZAFFARABAD: The PML-N was leading in five constituencies in Muzaffarabad Division, while the PPP had won…
Japan, US confirm joint yen-buying intervention, signal more action
A Japanese yen note is seen in this illustration. Photo: Reuters Japan and the United States conducted coordinated yen-buying intervention and will not hesitate to take further action, Japan’s finance ministry said on Monday, confirming a rare bilateral action to halt the yen’s slide to fresh 40-year lows. The move underscored both countries’ resolve to…
