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SBP to study impact of daily oil price changes

[ Chief economist says central bank should draw up plan to combat inflationary pressures ISLAMABAD: The government has directed the State Bank of Pakistan (SBP) to carry out a study to assess the impact of daily price revision of petroleum products on inflation in line with the international best practices and establish a mechanism to … Read more

US strikes Iran again as war widens with attack on Egyptian port

US-Saudi attacks marked the first time Riyadh has publicly joined strikes alongside Washington Smoke rises following explosion at an unknown location, during what U.S. Central Command (CENTCOM) says are strikes on Iran, in this screengrab taken from a handout video released on July 29, 2026. PHOTO: REUTERS The US carried out fresh strikes in Iran … Read more

Pakistan, Kuwait forge defence partnership

FO says accord institutionalised cooperation Hails it as another important milestone in ties Kuwaiti FM commends STRATEGIC PARTNERSHIP: PM Shehbaz Sharif welcomes Kuwaiti Foreign Minister Sheikh Jarrah Jaber Al-Ahmad Al-Sabah prior to their meeting at the Prime Minister House. PHOTO: NNI ISLAMABAD: Pakistan on Wednesday welcomed Kuwait’s ratification of the Pakistan-Kuwait Defence Cooperation Agreement, as … Read more

Jamshoro plant to fully switch to Thar coal

[ JAMSHORO: A stakeholder meeting was held at the Thar Block-1 mine site to advance discussions on the supply of indigenous Thar coal for the 660-megawatt Jamshoro power project. The meeting was attended by K-Electric (KE) Chairman Shaheryar Arshad Chishty, Thar Coal Energy Board MD Tariq Ali Shah, Sino Sindh Resources Limited (SSRL) CEO Li … Read more

AJK police say JAAC working under ‘specific agenda’

. A police officer stands guard beside a convoy of vehicles for police patrol in Muzaffarabad. Photo: REUTERS MUZAFFARABAD: Azad Jammu and Kashmir (AJK) Police spokesperson Senior Superintendent of Police (SSP) Khawar Ali Shaukat on Wednesday said the proscribed Joint Awami Action Committee (JAAC) was operating under an “agenda” aimed at destabilising the region, accusing … Read more

Islamic banks told to scrap abaya dress code

ISLAMABAD: A parliamentary panel has restricted Islamic banks from imposing abayas on their female staff, and called for following a modest national dress code for all irrespective of gender. The Senate Standing Committee on Finance and Revenue, presided over by Senator Saleem Mandviwalla, on Wednesday took up complaints regarding dress code instructions at certain banks, … Read more