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FBR’s tax shortfall hits Rs683b

[ ISLAMABAD: The International Monetary Fund (IMF) has allowed Pakistan to pass on the impact of the remaining agreed Rs53-per-litre increase in petroleum levy in two phases, as the tax shortfall of the Federal Board of Revenue (FBR) has further widened to Rs683 billion in this fiscal year. According to an earlier understanding, the entire … Read more

‘Ted Lasso’ hits reset with season four

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From Premier League dreams to a new challenge, Ted steps into uncharted territory The return of ‘Ted Lasso’ is no longer speculation but a reset in motion, with the first teaser for season four confirming a shift in direction that places the series in unfamiliar yet deliberate territory. The Apple TV+ hit, led by Jason … Read more

Suu Kyi to be moved to house arrest

Dujarric added that the only viable political solution in Myanmar “must be based on immediate cessation of violence NAYPYIDAW: Myanmar’s detained former leader Aung San Suu Kyi is to be moved to house arrest, state media reported on Thursday, more than five years after the military ousted the civilian government she led and jailed the … Read more

Afghan linked to2021 Kabul airport attack convicted

Prosecutors said Sharifullah helped the Islamic State group’s Afghanistan affiliate VIRGINIA: A federal jury in Virginia on Wednesday convicted an Afghan man of conspiring to provide material support to a terrorist organization in connection with the 2021 suicide bombing at Kabul airport that killed 13 US service members and about 160 Afghan civilians. But the … Read more

SBP reserves jump $730m on Eurobond

[ KARACHI: Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $730 million during the week ended April 24, 2026, supported primarily by Eurobond proceeds. According to data released on Thursday, the SBP’s reserves climbed to $15.83 billion, reflecting an improvement in the country’s external liquidity position after recent pressure … Read more

Sindh Rangers arrest ‘papa gang’ leader in Karachi

Suspect involved in 200–250 robberies, 40–50 motorcycles, 300–400 phones, Rs5–6m cash snatched KARACHI: Sindh Rangers, based on intelligence, arrested a gang leader involved in multiple robberies and street crime incidents in Karachi’s Shah Faisal Colony area on Friday, according to an official statement. The press release issued by Pakistan Rangers (Sindh) identified the suspect as … Read more

War can cost Pakistan $10b to $68b

[ ISLAMABAD: The Middle East conflict can cause $10 billion to $68 billion annual losses to Pakistan’s economy, and inflation could hit 17% in an extreme oil price volatility situation, said an economist in a briefing to the National Assembly Standing Committee on Finance on Thursday. The three different impact scenarios that Ali Salman, who … Read more