Auto sales rise, ownership drops

nalysts are anticipating the automobile sector to keep its pace in the near future owing to improving macroeconomic situation and new production lines introduced by the players. photo: file LAHORE: Stakeholders in Pakistan’s automotive sector have renewed calls for a ten-year policy roadmap, warning that investors will continue to hesitate unless the government commits to…

Read More

At least 10 killed as three-storey building collapses in Lahore’s Baghbanpura

Rescue 1122 spokesperson says search operation to recover other people trapped under debris underway At least 10 people were killed and six others injured after a three-storey building collapsed in Lahore’s Baghbanpura area on Wednesday night, according to Lahore Rescue 1122. Lahore Rescue 1122 Spokesperson Farooq Ahmad said the emergency response team pulled out 16…

Read More

Power consumers may face Rs1.20 tariff hike

ISLAMABAD: Electricity tariffs are likely to increase by Rs1.20 per kilowatt-hour (kWh) on account of fuel adjustment for June 2026, dealing another blow to inflation-weary consumers. The National Electric Power Regulatory Authority (Nepra) conducted a public hearing on Tuesday to consider the fuel price adjustment. The Central Power Purchasing Agency (CPPA) has filed a petition…

Read More

Pakistan, Turkiye express concern over Israeli actions in Gaza, Al-Aqsa Mosque violations

FM Dar, Fidan discuss Jordan’s proposal for Arab-Islamic meeting during phone call Deputy Prime Minister and Foreign Minister Ishaq Dar with Turkish Foreign Minister Hakan Fidan Photo: X/ForeignOfficePk Deputy Prime Minister and Foreign Minister Ishaq Dar and his Turkish counterpart Hakan Fidan on Thursday expressed deep concern over Israeli military actions in Gaza and the…

Read More

Pakistan working to bring US-Iran back to Islamabad MoU: FO

Negotiations between the parties are continuing to normalise the situation, FO says Foreign Office spokesperson Tahir Hussain Andrabi speaking at the FO weekly press briefing. SCREENGRAB Pakistan was making efforts to bring the concerned parties back to the Islamabad Memorandum of Understanding (MoU) as part of ongoing efforts to reduce regional tensions, the Foreign Office…

Read More

Country lacks framework to fight tobacco harm

KARACHI: Pakistan’s public health and economic systems continue to carry the high cost of cigarette smoking while the country still lacks a coherent regulatory framework for tobacco harm reduction, speakers at an Express Tribune podcast said. The discussion, organised with the Association for Smoking Alternatives Pakistan (ASAP), brought together ASAP Chief Executive Mirza Abeer, lawyer…

Read More

Pakistan Navy rescues 19, including eight Iranians, after vessel breaks down off Gwadar

Fishing vessel suffered from engine failure; Navy towed the vessel towards shore despite rough conditions Pakistan Navy rescues all crew members from a stranded fishing vessel near Gwadar. PHOTO: DGPR The Pakistan Navy on Thursday successfully rescued a fishing vessel carrying 19 crew members, including eight Iranians, after it became stranded about 120 nautical miles…

Read More

Stocks fall 1,581 points as Gulf tensions flare

KARACHI: Pakistan Stock Exchange (PSX) ended Wednesday’s trading session on a weak note, where the benchmark KSE-100 index lost 1,580.90 points, or 0.89%, to settle at 176,042.99 amid renewed selling pressure. The index remained in negative territory for most of the session, moving between the intra-day high of 176,935.03 and the low of 175,631.74. The…

Read More