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Food ministry proposes high HP tractor plant

ISLAMABAD: The Ministry of National Food Security and Research has recommended immediate focus on setting up a completely knocked down (CKD) manufacturing plant for high horsepower (HP) tractors in Pakistan alongside small to medium-power-range units, with government backing for policy matters, financing, regulatory affairs and vendor development to ensure a successful establishment of the facility. … Read more

PSX maintains record-breaking drive

[ KARACHI: The Pakistan Stock Exchange (PSX) maintained its record-breaking streak on Friday as the KSE-100 index rose a modest 500 points, led by increased investor interest in the fertiliser sector, and closed just shy of the 169,000 level. At the commencement of trading, the market extended the previous day’s gains and the momentum continued … Read more

World food prices dip

[ PARIS: Global food commodity prices dipped in September as declines in sugar and dairy offset a new peak for meat prices, the United Nations’ Food and Agriculture Organisation (FAO) said on Friday. The FAO Food Price Index, which tracks a basket of internationally traded food commodities, averaged 128.8 points in September, down from a … Read more

Notion of a safe zone in southern Gaza ‘farcical’

GENEVA: The United Nations insisted on Friday there was no safe place for Palestinians ordered to leave Gaza City, and that Israeli-designated zones in the southern Gaza Strip were “places of death”. Since launching its air assault on Gaza City in August ahead of its ground offensive there, the Israeli military has repeatedly told Palestinians … Read more

Hania Aamir’s Dhaka diary has a sweet entry

hania aamir s dhaka diary photo screengrab youtube rafsan thechotobhai

Actor Hania Aamir’s ongoing visit to Bangladesh has become a social media sensation, with every step of her journey drawing attention across the region. During her promotional trip, Aamir visited the home of Bangladeshi YouTuber Iftekhar Rafsan, where she joined his family for a special gathering. Videos from the visit showed the actor enjoying traditional … Read more

Japan’s bruised ruling party to pick yet another leader

TOKYO: Japan’s ruling party elects its fifth leader in as many years Saturday, charged with reviving its flagging fortunes as a new anti-immigration grouping snaps at its heels. The frontrunners for the Liberal Democratic Party’s top seat are Sanae Takaichi, a China hawk who would be Japan’s first woman premier, and the youthful but potentially … Read more

Textile sector warns of export crisis

KARACHI: Pakistan’s largest export sector is in deep crisis, as the Pakistan Textile Council (PTC) and other leaders sounded an alarm over a sharp decline in exports, factory closures, and mounting costs that threaten the country’s economic stability. Exports fell nearly 12% year-on-year in September, dragging first-quarter FY26 proceeds down by 3.83% to $7.61 billion, … Read more

SBP injects Rs10tr into market

[ KARACHI: The State Bank of Pakistan (SBP) on Friday injected more than Rs10 trillion into the money market through its conventional and Shariah-compliant open market operations (OMOs). According to the central bank’s conventional OMO (Reverse Repo Purchase), the SBP accepted bids worth Rs9.61 trillion (face value) against offers of Rs9.65 trillion. The accepted realised … Read more