Heavy rain, hail disrupt life in Dir, Swat

Standing crops, fruit orchards, vehicles suffer damage, power supply collapses across district Heavy rain accompanied by a hailstorm hit the districts of Upper Dir and Swat in Khyber-Pakhtunkhwa, bringing a sharp drop in temperature and causing widespread disruption. In Dir, the downpour and hailstorm led to darkness and triggered flash floods in streams, blocking traffic … Read more

Economy in ‘good spot,’ claims FinMin Aurangzeb amid global support

[ Says macro-economic stability, ‘geopolitical tailwinds’ leave Pakistan poised for growth, investment In a virtual address at the second edition of the Pakistan International Maritime Expo and Conference in Karachi, Federal Minister for Finance Muhammad Aurangzeb said on Tuesday that Pakistan is enjoying a moment of convergence between internal economic stability and favourable international dynamics. … Read more

Ex-PM Khaleda Zia tocontest BD polls

Zia, who led Bangladesh three times, was jailed for corruption in 2018 under Hasina’s government Two-time former premier Khaleda Zia. PHOTO: REUTERS DHAKA: Former Bangladeshi prime minister Khaleda Zia will contest elections expected in February, her influential political party said Monday. The 80-year-old has been a dominant figure for decades in the country’s turbulent power … Read more

Four terrorists killed in Kalat IBO: ISPR

Security forces killed four terrorists in an intelligence-based operation in the Kalat district of Balochistan. According to the Inter-Services Public Relations (ISPR), the operation, conducted on the night of November 1, targeted members of Fitna al Hindustan, a group described as an Indian proxy. Troops reportedly engaged the terrorists’ hideout, resulting in four deaths. Weapons and … Read more

Man charged over UK train stabbings

A man has been charged with 10 counts of attempted murder following a mass stabbing on a London-bound train, as a critically wounded train worker was hailed on Monday as a hero for stepping in to protect passengers. “He went in to do his job and he left work a hero. And there are people … Read more

CCP seeks creation of steel ministry to revive Pakistan’s struggling industry

[ Pakistan’s competition watchdog has called for national steel policy, dedicated ministry to rescue ailing sector ISLAMABAD: The Competition Commission of Pakistan (CCP) has recommended the overhaul of the steel industry by announcing a national policy and setting up a dedicated ministry to revive the sector, which is struggling to survive in the face of … Read more

Institutional interest propels PSX higher

KARACHI: The Pakistan Stock Exchange (PSX) extended its northbound march on Monday as the benchmark KSE-100 index surged nearly 1,200 points, powered by institutional investors, who further built their portfolios. Investor interest was mainly concentrated in selective stocks of fertiliser, banking, energy and technology sectors. A key highlight of the day was the release of … Read more

Filers increase but show no income

[ LAHORE: Despite recording an increase in the number of tax filers and achieving a notable rise in the tax-to-GDP ratio, Pakistan’s taxation system remains riddled with structural weaknesses and chronic underperformance. While the overall tax-to-GDP ratio may have reached an impressive level of 15.7% for fiscal year 2024-25, nearly 3.2% higher than the previous … Read more