‘27th Amendment to ensure justice’

. Defence Minister Khawaja Mohammad Asif addressing a session in National Assembly. PHOTO: FILE ISLAMABAD: Federal Minister for Defence Khawaja Muhammad Asif on Friday said the 27th Constitutional Amendment passed by Parliament will not only ensure justice for the people but also help resolve constitutional matters transparently and fairly. Speaking on the floor of the … Read more

Sugar millers delay crushing season after court stay order, raising price concerns

[ ISLAMABAD: Sugar millers got a stay order from a provincial court on Friday against Punjab’s orders to start crushing from Saturday (today) – a move the federal minister for national food security said was in breach of an agreement and meant to keep commodity prices high. The millers have managed to delay the crushing … Read more

Switzerland, US reach tariff deal

. WASHINGTON: The United States and Switzerland reached an agreement Friday to sharply lower tariffs imposed by President Donald Trump, officials said, with the Alpine nation vowing to invest $200 billion in the US to win over the White House. The deal was announced a day after talks in Washington, where Swiss economy minister Guy … Read more

State Bank pumps over Rs11tr liquidity

[ Gold drops Rs3,300/tola on hawkish Fed comments triggering 3% decline globally; rupee stable KARACHI: The State Bank of Pakistan (SBP) injected around Rs11 trillion liquidity into the financial system on Friday through conventional and Shariah-compliant Open Market Operations (OMOs), reflecting continued tightness in the interbank market as the government itself is the biggest borrower … Read more

Disney turns to AI while battling YouTube TV blackout

disney turns to ai while battling youtube tv blackout

LOS ANGELES: Walt Disney Co has warned investors that its ongoing dispute with YouTube TV could drag on, sparking fresh concerns about the company’s shrinking traditional television business, as its quarterly revenue fell short of market expectations. Disney’s Chief Financial Officer Hugh Johnston told analysts the company had “built a hedge” into its forecasts to … Read more

Nowshera hydel power project lauded

. MUZAFFARABAD: Chairman District Council Muzaffarabad, Sardar Imtiaz Ahmad Abbasi has termed the approval of the Nowshera Hydel Power Project a historic development for the people of Constituency-IV, lauding the dedicated efforts of Minister for Power Development Organization (PDO), Chaudhry Muhammad Rasheed.He said that the hydel project, costing Rs. 1.58 billion, would significantly improve electricity … Read more

Water shortage pushes Kyrgyzstan, Tajikistan into energy crisis

. Water in Tajikistan’s Nurek reservoir (seen here in March 2024) has dropped sharply since late 2024. Photo: AFP (file) DUSHANBE: Kyrgyzstan and Tajikistan are facing an energy crisis as water levels have plummeted at the reservoirs powering their largests hydropower stations, officials said this week. The two landlocked Central Asian countries are heavily reliant … Read more

Stocks climb as investors await IMF tranche

[ Shares of 324 companies were traded. At the end of the day, 90 stocks closed higher, 211 declined and 23 remained unchanged. PHOTO: FILE KARACHI: Bullish activity dominated trading at the Pakistan Stock Exchange (PSX) on Friday, driving the benchmark KSE-100 index up by 1,278 points, as investors took cue from the potential disbursement … Read more

Industry urged to export Made-in-Pakistan vehicles

[ KARACHI: Engineering Development Board (EDB) Chief Executive Officer Hamad Ali Mansoor has said that local auto manufacturers should focus on exporting ‘Made-in-Pakistan’ vehicles since Pakistan’s auto market is far better than the markets of Bangladesh, Ethiopia and Sri Lanka. “I ask automakers and auto parts manufacturers to work on future development and try to … Read more