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First PSX listing of new fiscal year approved

[ KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has approved the issuance, circulation and publication of prospectus for the initial public offering of Tasdeeq Information Services Limited, marking the first IPO clearance for fiscal year 2026-27. The approval comes after the regulator’s new management, which assumed office in February 2026, accelerated the processing … Read more

Govt mulls fresh austerity measures

Among the proposals under consideration is a reduction in the number of weekly working days EASING PAYMENT OBLIGATIONS: Sources said Pakistan was working on multiple options to extend the longevity of its short-term external debt and also stagger the upcoming payments of energy debt being obtained by Chinese firms to set up power plants under … Read more

Pakistani elected IAF vice president

[ LAHORE: Former Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) chairman Ijaz A Khokhar has been elected vice president of the International Apparel Federation (IAF), becoming the first Pakistani to hold the position. The announcement was made during the IAF General Assembly, where members unanimously approved his nomination, according to PRGMEA. The development comes … Read more

Rubio meets Wang as Xi may visit US

. WASHINGTON: US Secretary of State Marco Rubio will meet Chinese Foreign Minister Wang Yi this week ahead of a possible summit between President Donald Trump and President Xi Jinping, even as Trump said the US would raise concerns with China over alleged election meddling. A US State Department official said on Tuesday that Rubio … Read more

AJK to have polls in three phases

MUZAFFARGARH: The Azad Jammu and Kashmir Election Commission (AJKEC) on Tuesday revised the schedule for the 2026 Legislative Assembly elections, announcing that the polling will now be held in three phases to ensure peaceful, transparent and secure elections across the region. Announcing the revised election programme at a news conference, Chief Election Commissioner Justice (retd) … Read more

Gandhi demands Modi’s resignation

CARRIED AWAY: Indian opposition leader Rahul Gandhi is detained by police during a sit-in protest outside Prime Minister Narendra Modi’s residence in New Delhi. PHOTO: REUTERS NEW DELHI: India’s main opposition leader, Rahul Gandhi, demanded on Tuesday that Prime Minister Narendra Modi step down over the police crackdown against student protests calling for reforms in … Read more