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[ Says petroleum rights holders must disclose changes in shareholding, capital issuance ISLAMABAD: Over six months have passed since show-cause notices were issued to Spud Energy Limited (SEPL) and Frontier Holdings Limited (FHL) over alleged changes in ownership and effective control without prior government approval, yet no visible enforcement action has followed. The Petroleum Division’s … Read more
PARIS: US President Donald Trump joined criticism on Wednesday of a decision to grant Hollywood star George Clooney and his family French passports, after a junior government official in Paris labelled the move a “double standard”. Oscar winner Clooney, 64, his wife Amal Clooney and their two children have become French citizens. The ‘Ocean’s Eleven’ … Read more
Central bank holdings rise $13m as total deposits reach $21b; 2026 starts with softer bullion prices KARACHI: Pakistan’s liquid foreign exchange reserves saw a modest increase in the final week of 2025, with the State Bank of Pakistan (SBP) reporting a $13 million rise in its holdings. As of December 26, 2025, the SBP’s foreign … Read more
[ Foreign funds would divert their liquidity into buying Pakistan’s stocks. This would merely increases prices of shares and be profitable for those who already hold stocks. PHOTO: FILE KARACHI: Pakistan’s equity market kicked off 2026 on a powerful note, with the benchmark KSE-100 index surging to a fresh all-time high amid broad-based buying and … Read more
About 40 people celebrating at a ski resort bar were killed, and 115 were injured, many of them young, the authorities said.
[ With limited space for subsidies and a heavy reliance on indirect taxation, future budgetary measures could exert upward pressure on prices, particularly affecting urban consumers. Photo (file) KARACHI: The inflation measured by the Consumer Price Index (CPI) stood at 5.6% year-on-year in December 2025, down from 6.1% in the previous month but higher than … Read more
. LAHORE: School students from Pakistan and India have jointly released the 14th Pak-India Peace Calendar, sending a message of peace and harmony beyond borders through art created by children from both countries. Launched amid rising global geopolitical tensions, the peace calendar features 12 paintings six by Pakistani students and six by Indian students reflecting … Read more
ISLAMABAD: PTI has submitted a declaration of defection against Senator Saifullah Abro to the Senate chairman, seeking action under Article 63-A of the Constitution for allegedly voting in favour of the 27th Constitutional Amendment in violation of party policy. The declaration, filed by PTI’s Parliamentary Party Leader in the Senate Syed Ali Zafar, states that … Read more
It was a haven for the young, where they could find hot chocolate when they wanted quiet and affordable drinks when they did not. Then it turned into a place of death.
