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IMF growth target in doubt as exports, investment and agriculture lag

[ LAHORE: Growing stress on key economic indicators has intensified doubts about achieving the official growth target for the current fiscal year, as exports, investment and agriculture continue to struggle despite some improvement in macroeconomic conditions. While inflation has shown a notable decline and external accounts appear relatively stable for now, the real economy is … Read more

Bitter cold grips millions in US

NEW YORK: Millions of Americans were facing dangerously cold temperatures on Monday in the wake of a massive winter storm that whipped snow and ice across the country, knocking out power and paralyzing transportation. A frigid, potentially life-threatening Arctic air mass threatened to delay clean-up as municipalities from New Mexico to Maine tried to dig … Read more

Rate held at 10.5% despite macro gains

[ SBP defies rate-cut expectations, cites inflation risks, external vulnerabilities KARACHI: The State Bank of Pakistan (SBP) disappointed the market on Monday by maintaining a status quo on the policy rate, keeping it unchanged at 10.5%, defying widespread expectations of a cut despite painting a rosy picture of Pakistan’s macroeconomic and growth outlook. Investors and … Read more

France moves to ban social media for users under 15

Attal says ban on new accounts could begin this fall, existing underage accounts facing deactivation by year’s end France’s President Emmanuel Macron speaks during a G20 Leaders’ Summit plenary session at the Nasrec Expo Centre in Johannesburg on November 22, 2025. Photo: AFP The National Assembly, France’s lower house of parliament, on Monday approved the … Read more

Railways sets up one-window facility for investors

[ LAHORE: Federal Minister for Railways Muhammad Hanif Abbasi on Monday inaugurated a Business Facilitation Centre at Pakistan Railways Headquarters in Lahore, aimed at improving freight, logistics and commercial operations through a one-window facilitation mechanism. According to an official statement, the minister said the centre had been established to ensure faster decision-making, greater convenience and … Read more

Punjab prohibits kites with religious, political imagery ahead of Basant

Move comes amid reports that kites bearing number 804 being prepared for the festival LAHORE: The Punjab government imposed a province-wide ban on the manufacturing, sale, transport, and use of kites bearing images of religious scriptures, religious places, individuals, national flags, or political party flags, citing security and public order concerns ahead of Basant 2026. … Read more

KE exits Al Jomaih Power lawsuit

[ SECP directive and ongoing court stay continue to bar changes to board composition ISLAMABAD: K-Electric (KE) Limited has disclosed that it is no longer a party to a key legal case following the withdrawal of claims by Al Jomaih Power Limited and other plaintiffs, and the dismissal of all related proceedings by a Karachi … Read more