Industry warns of inflation after fuel hike

[ Business leaders urge govt to cut fuel levies to absorb impact of rising global oil prices Abdul Rehman Fudda, President of the SITE Association of Industry. Photo: File KARACHI: Business leaders have warned that the recent increase of up to Rs55 per litre in petroleum oil and lubricant (POL) prices could intensify inflation and … Read more

SECP backs Sindh’s third-party insurance decision

[ Province makes third-party motor insurance mandatory to enhance financial protection for road users ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has backed Sindh in its decision to make third-party liability insurance mandatory for all vehicles registered in the province. The government of Sindh has formally introduced amendments to the Motor Vehicles (Amendment) … Read more

Trump ‘kills’ Iran’s Gulf de-escalation gesture, says FM

New attacks in Gulf follow Iran’s president’s statement; Water desalination plant on Qeshm island attacked Iranian Foreign Minister Abbas Araqchi. Photo: Reuters Iran’s Foreign Minister Abbas Araghchi has accused US President Donald Trump of effectively ending Tehran’s pledge not to target neighbouring countries after Washington used regional bases to carry out attacks against Iran. In … Read more

PSX down 6.3% amid escalating Gulf war

[ KARACHI: The Pakistan Stock Exchange’s (PSX) KSE-100 index experienced a sharp decline in the outgoing week, closing at 157,496 points, down 6.3% week-on-week, or 10,566 points. This follows last week’s fall and brings the cumulative decline from its January 2026 peak of around 189,167 points to nearly 17%. The sell-off was driven by heightened … Read more

DISCOs’ privatisation delayed again

[ Iesco stood on top in the wake of its plausible performance to curb losses, improve recoveries and act in line with the time frame for new connections. PHOTO: FILE ISLAMABAD: Pakistan has informed the International Monetary Fund (IMF) that the privatisation of three power distribution companies (DISCOs) has been delayed to the fag end … Read more

‘Dallas’ actress Annabel Schofield dies at 62

annabel schofield

Annabel Schofield — the Welsh-born supermodel-turned-actress who appeared on the iconic primetime soap opera Dallas — has died at the age of 62 after a battle with cancer. Schofield passed away on February 28, 2026, in Los Angeles after battling brain cancer, her family confirmed. Born in Llanelli, Wales, on September 4, 1963, she first rose to … Read more