‘Tariff policy risks deindustrialisation’

[ KARACHI: The Policy Research and Advisory Council (PRAC), chaired by Mohammad Younus Dagha, has warned that Pakistan’s new National Tariff Policy 2025-2030 could destabilise the external sector and accelerate premature deindustrialisation. In a statement issued on Tuesday, the council said early warning signs were already visible. Pakistan’s trade deficit widened by 29% to $6 … Read more

Met Museum’s surreal windfall

met museum s surreal windfall

NEW YORK: The Metropolitan Museum of Art has secured one of its most significant modern art boosts in decades, with nearly 200 works from the Dada and Surrealist movements joining its collection in a landmark gift from billionaire collector and museum trustee John Pritzker. The promised donation, announced on Monday, comprises 188 works by 37 … Read more

Russian attack kills 24 in Ukraine

DONETSKE: A Russian strike on Tuesday killed 24 people waiting for pension payments in a front-line town of eastern Ukraine where Russian forces are massing forces for a large-scale offensive, officials said. President Volodymyr Zelensky posted video showing several corpses strewn on the ground by a burned-out minivan and playground — images AFP could not independently … Read more

FBR rolls out digital invoicing

[ KARACHI: The Federal Board of Revenue (FBR) has officially rolled out digital invoicing for all sales tax-registered taxpayers, with priority integration for corporate businesses. The new system aims to eliminate fake or unverifiable invoices, simplify tax return filing and bring greater transparency to Pakistan’s documented economy. It aligns with Prime Minister Shehbaz Sharif’s vision … Read more

Floods ruin 1.3m acres of farmland

[ LAHORE: Pakistan is once again battling the devastating impact of floods, with vast swathes of agricultural land submerged and food security under serious threat. The latest wave of flooding has already ravaged more than 1.3 million acres of farmland in Punjab, while water is now flowing towards Sindh, threatening the province’s agricultural heartland. Crops … Read more

Banksy’s mural strikes a blow at the law

banksy

A new mural by the anonymous British street artist Banksy has appeared on the exterior of the Royal Courts of Justice in central London, BBC News reported on Monday. The black-and-white artwork shows a judge in a traditional wig and gown striking a protester lying on the ground with a gavel, with blood splattering from … Read more

In breakthrough, researchers publish brain map

Neuroscientists from 22 labs joined forces in an unprecedented international partnership to produce a landmark achievement: a neural map that shows activity across the entire brain during decision-making, the CNN reported on Tuesday. The data, gathered from 139 mice, encompass activity from more than 600,000 neurons in 279 areas of the brain — about 95% … Read more

Syria leader to visit Moscow next month

DAMASCUS: Syrian leader Ahmed al-Sharaa is to visit Moscow next month, Russia’s Deputy Prime Minister Alexander Novak announced in Damascus Tuesday, hailing a new page in ties after the overthrow of longtime ally Bashar al-Assad. “We place great importance on the coming visit to Moscow of the Syrian president in October to participate in the … Read more