[ Minister says deal opens avenues for employment, aligns local certifications with international standards ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has welcomed the signing of a memorandum of understanding (MoU) with Norway that will allow Pakistani seafarers to serve aboard Norwegian-flagged vessels, according to an official statement issued on Tuesday. Hailing … Read more

OAKLAND: Elon Musk took the stand on Tuesday at a high-stakes trial over the future of OpenAI, casting his lawsuit as a defense of the institution of charitable giving. Musk, the world’s richest person, is suing OpenAI, its co-founder and Chief Executive Altman and its President Greg Brockman, saying they betrayed him and the public … Read more

[ ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has granted in-principle approval for the implementation of a comprehensive exchange-traded fund (ETF) reform roadmap, based on the recommendations of the working committee on ETFs, according to a statement issued on Tuesday. The roadmap will be implemented in phases following extensive consultations with key stakeholders, … Read more

European Parliament lawmakers voted on Tuesday in favour of a consent-based definition of rape – known as "only yes means yes" – and urged the European Commission to propose legislation establishing EU-wide rules. The EU adopted minimum standards to combat violence against women for the first time in 2024, but a proposed article to create … Read more

A fresh round of criticism from actor Nawazuddin Siddiqui has once again brought Bollywood’s long-debated fault lines into sharp focus, highlighting how issues of race, religion, age and power continue to shape one of the world’s most influential film industries. Speaking candidly in a recent interview, Siddiqui took aim at what he described as entrenched … Read more

[ KSE-100 loses 1,085 points on worries higher borrowing costs may hit corporate profits KARACHI: The Pakistan Stock Exchange (PSX) ended Tuesday’s session on a negative note as a 100-basis-point policy rate hike weighed on investor sentiment, who were worried that the central bank’s monetary tightening would dent business activities. During the trading session, the … Read more

[ Sources said that the IMF observed the CPP levy should be seen as a punitive tool to discourage the use of gas in inefficient in-house plants. photo: file ISLAMABAD: The International Monetary Fund (IMF) has allowed Pakistan to modify the price formula used to determine the captive gas levy, which will reduce gas prices … Read more