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Aurangzeb calls for digitalised tax system

[ Finance Minister Muhammad Aurangzeb in an interview at the World Bank Spring Meetings 2026 with China Global Television Network’s program “The Heat”. PHOTO: SCREENGRAB FAISALABAD: Finance Minister Senator Muhammad Aurangzeb on Friday said a fully digitalised taxation system is imperative to eliminate leakage and enhance collection without hassle for taxpayers. Addressing the business community … Read more

Rs30 billion earmarked for Sukkur-Hyderabad motorway

ISLAMABAD: The National Assembly Standing Committee on Communications was informed on Friday that Rs30 billion had been allocated for the Sukkur-Hyderabad (M-6) motorway during the current financial year against a total demand of Rs70 billion. While reviewing the latest progress on the motorway, the committee was informed that the project comprised five sections: Hyderabad-Tando Adam, … Read more

Trump says US gave Iran ‘a week off’ for funeral of Iran’ late supreme leader amid stalled talks

‘They’re dying to settle. They want to settle so badly,’ says US president US President Donald Trump. Screengrab US President Donald Trump said on Friday evening that Tehran is eager to settle with Washington, adding that the US had paused negotiations to allow for the slain former Iranian Supreme Leader Ali Khamenei’s funeral processions, which … Read more

No relief as SPI stays in double digits

[ KARACHI: The Sensitive Price Indicator (SPI) registered a year-on-year increase of 13.52% for the week ended July 2, 2026, highlighting persistent inflationary pressures on essential commodities as substantial reductions in petroleum prices have yet to translate into meaningful relief for consumers. According to the Pakistan Bureau of Statistics (PBS), the SPI, which tracks 51 … Read more

Biotech body demands GM maize licences renewal

[ It was emphasised in the meeting that a two-pronged strategy must be adopted – short-term measures to provide immediate relief to farmers and long-term structural changes to cope with the adverse effects of climate change. photo: file ISLAMABAD: CropLife Pakistan has emphasised that if GM maize commercialisation licences are not renewed, Pakistan will fall … Read more

Bus plunge kills at least 40 passengers

Quetta-Peshawar coach veers into ravine in Sherani, leaving several others injured QUETTA: At least 40 passengers, including women and children, were killed and several others injured when a bus plunged into a deep ravine in the mountainous Dahana Sar area of Balochistan’s Sherani district on Friday, officials said. The bus was travelling from Quetta to … Read more

Rice exports hit by Indian price edge

Basmati rice export is slowing down, with exporters shipping out 66,863 metric tonnes valuing at $76.861 million. The decline is attributed to stiff competition with India offering Pusa rice varieties that resemble Basmati at lower prices. photo: file ISLAMABAD: Pakistan has suffered export losses of $1.1 billion due to the closure of the Afghan border, … Read more