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PM hails JF-17 as major export prospect

Tells cabinet world interested in Pak military hardware; Wants work on Karachi–Chaman highway expedited JF-17 Thunder is an advanced, light-weight, all weather, day / night multi-role fighter aircraft; developed as a joint venture between Pakistan Aeronautical Complex (PAC), Kamra and Chengdu Aircraft Industry Corporation (CAC) of China. PHOTO: Pakistan Aeronautical Complex website ISLAMABAD: Prime Minister … Read more

Trump undeterred in quest for Greenland

. man displays a sign as demonstrators take part in a protest under the slogan ‘Greenland is for Greenlanders’ in front of the US Embassy in Copenhagen. Photo: Reuters NUUK/WASHINGTON: A meeting on Wednesday between top US officials and the foreign ministers of Denmark and Greenland appeared to do little to quell President Donald Trump’s … Read more

Indian tariffs open door for Pakistani carpets

[ The Pakistani pavilion at the Heimtextil exhibition in Frankfurt remained busy throughout the day as European buyers showed strong interest in handmade Pakistani carpets, drawn by their attractive designs, rich colours and traditional craftsmanship. Sellers were seen actively unfurling carpets across the exhibition hall floor, finalising deals within minutes and exchanging contact details with … Read more

Cross-subsidy slashed by Rs123b in two years: Power Division

[ Various options being explored to further ease subsidy burden on industrial consumers ISLAMABAD: The Power Division has announced that the industrial cross-subsidy burden has been reduced from Rs225 billion (Rs8.9 per unit) in March 2024, when the current government took charge, to Rs102 billion (Rs4.02 per unit) now, which represents a substantial reduction of … Read more

Damon talks rejection of his request for more takes

matt damon photo file

“Why? You wanna waste everybody’s time?” Clint Eastwood had shot back on the suggestion Matt Damon. Photo: file Matt Damon recently opened up about a memorable moment early in his collaboration with legendary director Clint Eastwood, revealing that Eastwood once shut down his request to film additional takes on set and that the blunt exchange … Read more

Pakistan needs $566b to meet climate targets

[ KARACHI: Pakistan will need a staggering $565.7 billion in investment to meet its Nationally Determined Contributions (NDC) 3.0 climate commitments by 2035, it was revealed during a session on the Pakistan Green Taxonomy (PGT) and ESG Disclosure Guidelines hosted by the Overseas Investors Chamber of Commerce and Industry (OICCI). According to a statement issued … Read more

32 Thais killed as crane collapses onto train

. A child looks on as recovery workers stand next to the wreckage of a train that crashed when a construction crane collapsed in Thailand’s Nakhon Ratchasima province. Photo: AFP NAKHON RATCHASIMA: A crane at a China-backed high-speed rail project in Thailand collapsed onto a passenger train on Wednesday and caused it to derail, killing … Read more

PSX succumbs to profit-taking pressure

[ Shares of 340 companies were traded. At the end of the day, 93 stocks closed higher, 233 declined and 14 remained unchanged. PHOTO: FILE KARACHI: The Pakistan Stock Exchange (PSX) registered a notable fall on Wednesday as caution gripped investors amid escalating geopolitical tensions, particularly between the US and Iran and fears of a … Read more