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[ Gas utilities. Photo: file ISLAMABAD: Gas utilities have opposed a proposal to scrap the guaranteed asset-based return formula and have asked the government to continue the current pricing regime. The government had tasked the Oil and Gas Regulatory Authority (Ogra) with restructuring the two public gas utilities by doing away with the fixed asset-based … Read more

[ Aim to address technology gaps, value addition as global marble share stuck near 1% KARACHI: To modernise the local marble and granite (dimension stone) sector, the Pakistan Council of Scientific and Industrial Research (PCSIR) and the All Pakistan Marble Manufacturers Association have constituted a technical working group. The working group will develop a joint … Read more

LAHORE: Ali Zafar is set to release his fourth studio album ROSHNI worldwide on December 20. The album marks a powerful new chapter in his artistic journey, bringing together the evolution that began with Huqa Pani, expanded through Masty, and matured with Jhoom, now arriving at a deeply personal and contemporary statement. ROSHNI is conceived … Read more

[ Sugar, flour drive increase despite falling vegetable prices; weekly SPI edges up 0.24% KARACHI: Pakistan’s weekly inflation, measured by the Sensitive Price Indicator (SPI), recorded a year-on-year (YoY) increase of 3.75% for the week ended December 18, 2025, according to the latest report released by the Pakistan Bureau of Statistics (PBS). The SPI, which … Read more

. India job scheme. Photo: AFP (file) NEW DELHI: India’s parliament pushed through an overhaul of a rural employment scheme on Friday despite an opposition walkout and a session that stretched well past midnight. The Developed India Employment Guarantee and Sustenance Mission bill will supercede a decades-old rural jobs scheme for millions of the country’s … Read more

[ Gold dips in Pakistan as stronger dollar, US yields weigh; rupee posts marginal gain KARACHI: The State Bank of Pakistan (SBP) on Friday injected more than Rs12.25 trillion into the banking system through conventional and Shariah-compliant open market operations (OMOs) to manage short-term liquidity conditions. According to the central bank, SBP conducted a conventional … Read more

. Russia’s President Vladimir Putin addresses the participants of the final stage of the 5th International Financial Security Olympics via video link in Moscow. Photo: AFP MOSCOW: Russia’s Vladimir Putin on Friday said the ball was in the court of the West and Kyiv in talks to end the war in Ukraine, while hailing Moscow’s … Read more

LONDON: Disney unit Lucasfilm on Thursday won its bid to throw out a London lawsuit over the use of the likeness of a long-dead actor in a Star Wars spinoff movie. Peter Cushing, who died in 1994, was “resurrected” as Death. Star commander Grand Moff Tarkin for the 2016 film “Rogue One: A Star Wars … Read more