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Month: May 2026

Political leaders mark Eidul Azha with messages of unity, sacrifice and compassion

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Ministers urge public to include underprivileged segments of society in Eid celebrations, appeal to ensure cleanliness Khyber-Pakhtunkhwa Chief Minister Sohail Afridi (L), Punjab Chief Minister Maryam Nawaz (C), Interior Minister Mohsin Naqvi (R) Political and government leaders across Pakistan on Wednesday extended Eidul Azha greetings to the nation and the Muslim Ummah, using the occasion … Read more

US, Armenia sign partnership agreement

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. YEREVAN: US Secretary of State Marco Rubio and Armenian Foreign Minister Ararat Mirzoyan signed a strategic partnership agreement in Yerevan on Tuesday, less than two weeks before parliamentary elections in the South Caucasus country. Rubio’s visit comes as Russia has threatened to exert economic pressure on Yerevan for its growing ties to the West … Read more

Israeli airstrikes kill 31, wound 40 in southern Lebanon

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Strikes hit five towns despite ceasefire; US deploys F-22s, refueling aircraft at Israeli bases, airports Smoke billows following an Israeli strike in Nabatieh, Lebanon May 26, 2026. REUTERS At least 31 people were killed and 40 injured in Israeli airstrikes Tuesday in southern Lebanon, according to the Lebanese Health Ministry. The strikes targeted the towns … Read more

Three-year biotech policy drafted

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[ Despite institutional strengths and supportive policies, the food ministry said Pakistan had yet to fully capitalise on the opportunities offered by agricultural biotechnology, the primary reason for which was the absence of a clear and unified strategic direction. photo:file ISLAMABAD: Following a historic slump in cotton harvest, the Ministry of National Food Security and … Read more

PM Shehbaz, President Zardari and Field Marshal Munir urge compassion, solidarity on Eidul Azha

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Leaders say Eidul Azha reflects obedience, sacrifice and sincerity shown by Hazrat Ibrahim (AS) Prime Minister Shehbaz Sharif (L), President Asif Ali Zardari (C), CDF Field Marshal Asim Munir (R) President Asif Ali Zardari, Prime Minister Shehbaz Sharif and Chief of Defence Forces Field Marshal Asim Munir on Wednesday extended heartfelt greetings of Eidul Azha … Read more

Only 14% mutual funds invested in PSX

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[ KARACHI: Pakistan’s mutual fund industry has expanded nearly 6.8 times since 2019, crossing Rs4 trillion in assets under management (AUM) by late 2025. However, the sector’s heavy concentration in low?risk money market instruments is raising concerns about market depth, investor behaviour and systemic liquidity pressures. According to a post by the Overseas Investors Chamber … Read more

FY27 budget may offer limited relief

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[ Analysts see tighter policy with focus on revenue mobilisation, structural adjustments Brokerage houses warn that if global oil prices remain near $100 per barrel due to geopolitical tensions, growth could slow to 3‑3.5%, while inflation risks may re‑emerge. photo: file KARACHI: Pakistan’s upcoming federal budget for FY27 is shaping up to be less about … Read more