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Türkiye, US agency sign grant agreement on next-generation nuclear technologies

Agreement in line with Türkiye’s 2053 net-zero emissions, energy independence goals Türkiye, US agency sign grant agreement on next-generation nuclear technologies. PHOTO: ANADOLU AGENCY The Turkiye Nuclear Energy Incorporated (TUNAS) and the US Trade and Development Agency (USTDA) signed a grant agreement on small modular reactors (SMRs) and fourth-generation reactors at a ceremony at Turkevi … Read more

Finance ministry dismisses fiscal numbers-only claim

[ ISLAMABAD: A day after Planning Minister Ahsan Iqbal sought a role for the Planning Commission in the International Monetary Fund (IMF) talks and described it as “fiscal numbers” focused, the Ministry of Finance on Tuesday turned down the assertion. The “IMF programme is demonstrably not confined to numbers or fiscal targets”, said the ministry … Read more

Oil falls $1 on better supply outlook, hopes for US-Iran talks

[ In FY24-25, the royalty collected from the oil and gas fields in Sindh was around Rs60 billion. PHOTO: FILE Oil prices extended declines on Wednesday as investors eyed improved ​Gulf supply after Saudi Arabia restarted operations at a critical pipeline. Hopes for a diplomatic solution to ‌the US-Iran war also weighed on prices. Brent … Read more

Oil, gas reserves hit 3.72b BOE

[ In FY24-25, the royalty collected from the oil and gas fields in Sindh was around Rs60 billion. PHOTO: FILE KARACHI: Pakistan’s recoverable oil and gas reserves climbed to an estimated 3.72 billion barrels of oil equivalent (BOE) by June 2026, as new discoveries and reserve upgrades offset depletion at several mature fields, according to … Read more

Iran says it conveyed conditions for end to war to US through Qatari mediator, IRNA reports

Iran engaged with the United States through a Qatari mediator in New York and conveyed conditions including an end to the war on all fronts and a halt to what Tehran called US "acts of aggression," Iranian Foreign Ministry spokesperson Esmail Baghaei told state news agency IRNA. Baghaei said Iran's conditions also included an end … Read more

Mangi dam commission starts recording evidence

The investigation was conducted by federal police and the Australian Security Intelligence Organisation spy agency. PHOTO: PEXELS QUETTA: A judicial inquiry examining the terrorist attack on the Mangi Dam pumping station convened an open session on Tuesday, recording crucial statements from witnesses while taking strong exception to digital rumors and bureaucratic delays affecting victims’ families. … Read more

Selective buying lifts PSX after mid-session fall

[ KARACHI: Pakistan Stock Exchange (PSX) on Tuesday overcame a bout of profit-taking in the afternoon and ended trading on a firmer note as renewed buying helped the market recoup losses. Investor interest was bolstered by expectations of a breakthrough in efforts to resolve the US-Iran conflict, although profit-booking later in the session trimmed gains. … Read more