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External account healthier despite global turmoil: SBP

[ Governor says remittances set to cross $41b, new currency notes sent to cabinet for approval KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad on Friday declared that Pakistan’s economy had undergone a remarkable turnaround over the last three years, with foreign exchange reserves soaring from a critically low $3 billion to $17 billion, … Read more

Renewable sector seeks tax cut

[ KARACHI: Renewable energy stakeholders have urged the Engineering Development Board to slash taxes on lithium battery cells to support domestic production and green energy adoption, according to a statement on Friday. Pakistan Renewable Energy Development Forum Chairman Irfan Allahawala said cells are taxed at 50%, discouraging local battery assembly. High duties keep battery prices … Read more

BRICS FMs meeting ends amid deep divisions

India issues chair’s statement after members fail to agree on language over US-Iran war, Gaza NEW DELHI: A meeting of top diplomats from BRICS nations ended on Friday without a joint statement after divisions emerged over the war involving Iran, leaving host India to issue only a chair’s statement that highlighted sharp differences within the … Read more

from teen heart-throb to global pop icon

photo the hollywood reporter

From 1D breakthrough to stadium-filling solo career, British singer launches new world tour LONDON: Harry Styles has cemented his status as one of the world’s biggest pop stars, a decade after rising to fame with ‘One Direction’, blending magnetic stagecraft with a modern vision of masculinity that continues to reshape global pop culture. On Saturday, … Read more

Imran’s detention sparks showdown in parliament

Opposition links jail restrictions to political crisis; govt cites legal, judicial framework ISLAMABAD: The issue of access to jailed PTI founder Imran Khan dominated proceedings across both Houses of Parliament on Friday, with the National Assembly witnessing opposition threats of protest from Monday, while the Senate saw demands for a parliamentary committee to visit political … Read more

Stocks end lower for fifth straight day

[ KARACHI: The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) on Friday extended its losing streak, declining over 900 points to settle near 165,600 as selling pressure persisted throughout the week. The market witnessed a bearish run in every session in the outgoing week, resulting in a 3.2% week-on-week loss. Despite the downturn, … Read more

China says ready to work with all parties on energy security after Xi-Trump summit

Immediate priority remains restoring peace, stability in Gulf, broader Middle East, says foreign ministry spokesperson Guo also declined to provide details on any possible new understanding regarding rare-earth exports, saying China had already released relevant information about the summit. PHOTO: CHINESE FM X China on Friday said it is willing to work with all countries … Read more