Finance ministry warns of risks despite economic gains
US-Iran tensions pose fresh risks as remittances, stocks surge but exports, FDI decline IMF projects…
Finance ministry warns of risks despite economic gains
US-Iran tensions pose fresh risks as remittances, stocks surge but exports, FDI decline IMF projects 7.2% inflation this fiscal year, up from its earlier 6.3% estimate. PHOTO: PIXABAY ISLAMABAD: The Ministry of Finance has cautioned that renewed escalation in tensions between the United States and Iran could trigger volatility in global energy prices, trade flows…
Phased oil sector deregulation soon
The sun sets behind oil pumps outside Vaudoy-en-Brie, near Paris, France, March 18, 2026—REUTERS ISLAMABAD: The government has decided to press ahead with phased deregulation of the oil industry, which comes after shifting from the weekly to daily petroleum price revisions in the face of continuing US-Iran war. Officials say that Pakistan’s experience demonstrates that…
Reels of a vanishing heritage
Pashto cinema’s decline raises concerns over future of one of K-P’s richest cultural traditions PESHAWAR: For generations of Peshawar residents, a trip to the cinema was more than an evening’s entertainment. It was a shared cultural ritual where families gathered, friendships were forged and Pashtun stories unfolded on the silver screen. Today, many of those…
Spain deploys troops as migrants storm Ceuta
BY SEA: Migrants swim through Spain’s Ceuta border from the Moroccan side and climb onto rocks to reach the border fence, in Ceuta, Spain. PHOTO: REUTERS SPAIN/ CEUTA: Spain will deploy military units to reinforce police in the North African enclave of Ceuta after thousands of migrants broke through the border from Morocco on Thursday,…
Explosives destroy another Bajaur school
BAJAUR: Unidentified assailants destroyed a government primary school in the Kharki area of Tehsil Mamond by planting explosives inside the building late at night, local sources said. The powerful blast severely damaged the school structure and spread fear across the locality. Police and other relevant officials reached the scene, collected evidence and launched an investigation….
Arshad Nadeem reaches Commonwealth Games 2026 final
Newly appointed Italy head coach Roberto Mancini. Photo: AFP Defending champion Arshad Nadeem progressed to the men’s javelin throw final at the 2026 Commonwealth Games, despite falling short of the automatic qualification mark in difficult weather conditions on Thursday. A strong headwind made scoring big distances difficult throughout the qualification round, with none of the…
PTI moves LHC over Iqbal Park rally
. LAHORE: Pakistan Tehreek-e-Insaf (PTI) on Thursday approached the Lahore High Court, seeking directions for the Lahore deputy commissioner to decide its application for permission to hold a public rally at Minar-e-Pakistan on August 5. It submitted that PTI intended to organise the public gathering on behalf of the party. It said that PTI submitted…
Mancini wants Italy back to trophy-winning ways
Newly appointed Italy head coach Roberto Mancini. Photo: AFP ROME: Newly-appointed Italy coach Roberto Mancini said Wednesday he was dreaming of bagging a major trophy, the Azzurri having missed out on the last three World Cups. Mancini was speaking at his first press conference since being unveiled as successor to Gennaro Gattuso, who resigned as…
Trio held for ‘killing’ friend for house
RAWALPINDI: Police claimed on Thursday to have solved the blind murder of a 55-year-old man whose body was recovered from Nullah Leh earlier this month, arresting three of his close associates who allegedly killed him in an attempt to seize his property. According to police, the decomposed body of Abbas Raza was found near Usman…
UEFA to boycott World Cup and FIFA tournaments over stake sale plans
Reject FIFA’s proposal to transfer ownership interests in the WC and other FIFA competitions to private investors The UEFA logo is pictured at the headquarters ahead of the announcement—REUTERS European football’s governing body UEFA and its 55 member nations on Thursday voted to boycott all FIFA tournaments in what could be a knockout blow to…
