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[ ISLAMABAD: The government plans to cut taxes on the property sector and lure Middle East conflict-affected overseas Pakistanis to bring back their money without fear of harassment, aiming to encash the opportunity to boost the struggling sector. Government and market sources told The Express Tribune that Prime Minister Shehbaz Sharif this week gave the … Read more
Mobile artillery launching a missile. PHOTO: X Around 10 US service members were injured in an Iranian attack on Prince Sultan Air Base in Saudi Arabia on Saturday, according to a US official speaking to CNN. At least two of the injured had shrapnel wounds considered non-life-threatening, and others were “impacted,” though the nature of … Read more
[ Fund backs fuel pricing policy, warns Middle East conflict may pressure inflation and growth outlook IMF objects to Rs1tr power subsidy. Design: Mohsin Alam The International Monetary Fund (IMF) said on Saturday it had reached a staff-level agreement (SLA) with Pakistan for the disbursement of about $1.2 billion, following the successful completion of the … Read more
KARACHI: Sindh’s Minister for Culture, Tourism and Antiquities, Syed Zulfiqar Ali Shah, has extended his greetings to artists and theatre enthusiasts on World Theatre Day, highlighting the importance of stage arts in shaping society. In his message, the minister said theatre is not merely a form of entertainment but a powerful medium that reflects society … Read more
. ISLAMABAD: Senate Chairman Syed Yousaf Raza Gilani has approved the surrender of Rs265 million to the national exchequer as an immediate step to support the country’s finances. The Senate Secretariat reviewed its expenses and returned the amount to the Finance Division. The move is part of the austerity drive announced by Prime Minister Shehbaz … Read more
[ Onion, tomato, fuel prices drive short-term inflation; WoW inflation surges 0.97% With limited space for subsidies and a heavy reliance on indirect taxation, future budgetary measures could exert upward pressure on prices, particularly affecting urban consumers. Photo (file) KARACHI: Pakistan’s short-term inflation extended its upward trend, with the Sensitive Price Indicator (SPI) rising sharply … Read more
[ Global market surges 3.6% on geopolitical uncertainty; rupee inches up to 279.17/$ At current prices, the looted gold is worth around $70 million. PHOTO: PIXABAY KARACHI: Gold prices in Pakistan inched down on Friday while international bullion markets posted strong gains of more than 3% amid renewed safe-haven buying and continued uncertainty about the … Read more
Iranian Foreign Minister Abbas Araghchi. PHOTO: REUTERS/FILE Iranian Foreign Minister Abbas Araghchi on Friday warned Israel of a “heavy price” after attacks on steel factories, a power plant and civilian nuclear sites, among other infrastructure. “Israel claims it acted in coordination with the US. Attack contradicts POTUS extended deadline for diplomacy. Iran will exact heavy price … Read more
Jon Bernthal and Ebon Moss-Bachrach are both making their Broadway debut in a high-stakes adaptation of the beloved 1975 film “Dog Day Afternoon.”
. A leading US congressman has said that Islamabad is “a very, very important neutral party, with friends on both sides, who could play a greater diplomatic role in the ongoing negotiations with Iran.” Speaking during a virtual briefing of the Congressional Pakistan Caucus, Congressman Tom Suozzi noted that Pakistan’s strategic significance extends beyond security, … Read more
