Indian basmati held up at ports

Labourers unload rice bags from a supply truck at India’s main rice port at Kakinada Anchorage in the southern state of Andhra Pradesh, India, on September 2, 2021. Photo: Reuters (file) MUMBAI: About 400,000 metric tonnes of Indian basmati rice are backed up at ports and in transit, and export deals have dried up as … Read more

How Trump Decided to Go to War

new video loaded: How Trump Decided to Go to War President Trump’s embrace of military action in Iran was set off by the determination of Prime Minister Benjamin Netanyahu of Israel to end diplomatic negotiations. Our investigative reporter Mark Mazzetti describes how few of Mr. Trump’s advisers voiced opposition. By Mark Mazzetti, Leila Medina, Sutton … Read more

PSX stages strong comeback on easing fears

[ Shares of 324 companies were traded. At the end of the day, 90 stocks closed higher, 211 declined and 23 remained unchanged. PHOTO: FILE KARACHI: A day after enduring a massive rout when the Pakistan Stock Exchange (PSX) registered the largest single-day plunge of over 16,000 points, the market saw the return of significant … Read more

Businessmen sound alarm as deficit hits $25b

[ LCCI President Faheemur Rehman Saigol. Photo (file) LAHORE: President of the Lahore Chamber of Commerce & Industry (LCCI) Faheemur Rehman Saigol has voiced concern over Pakistan’s widening trade deficit, which crossed $25 billion during the first eight months (July-February) of fiscal year 2025-26, and urged the government to take urgent policy measures to stabilise … Read more

Govt refuses IMF help on 142 reforms

Finance ministry opts for biannual reporting as Fund presses for quarterly updates IMF reforms. Design: Mohsin Alam ISLAMABAD: Pakistan has again refused to accept a technical assistance mission by the International Monetary Fund (IMF) for the effective implementation of 142 actions aimed at addressing glaring weaknesses in the country’s governance and anti-corruption frameworks. The IMF … Read more

PTA warns against unauthorised VAS activation

[ . People work near the Pakistan Telecommunication Authority (PTA) headquarters building in Islamabad on August 16, 2024. Photo: AFP ISLAMABAD: Pakistan Telecommunication Authority (PTA) has noticed complaints from consumers regarding unauthorised activation of value-added services (VAS), resulting in unexpected balance deductions. According to a statement issued on Tuesday, consumers have been advised to remain … Read more