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[ ISLAMABAD: The country’s economic managers expressed dismay over the absence of top officials of the Petroleum Division in a recent meeting and they refused to approve the tariff for indigenous gas supplied to liquefied natural gas (LNG)-based power plants amid the US-Iran war. A member of the Economic Coordination Committee (ECC) told The Express … Read more
[ WoW index eases 0.45% as tomato, LPG, fuel prices drop; yearly inflation stands at 11.94% KARACHI: Pakistani households received some respite this week as the Sensitive Price Indicator (SPI) registered a notable decline of 0.45% for the week ended July 9, 2026, but the year-on-year reading remained in stubborn double digits. The decline offered … Read more
[ Andrabi says both sides ironing out differences, building convergence, with view to early conclusion of agreement Secretary Commerce Jawad Paul, who led the Pakistan delegation, characterised the talks as positive and appreciated the significant progress made during the negotiations. PHOTO: Tahir Andrabi on X Pakistan and the United States have made significant progress towards … Read more
More than 16,700 injured, thousands displaced since powerful June 24 quakes, top official says People search for casualties amid the rubble of collapsed buildings, in the aftermath of earthquakes in La Guaira, Venezuela. Photo: REUTERS The death toll from Venezuela’s twin earthquakes has risen to 4,118, with 16,740 people injured and thousands still displaced, National … Read more
Fire burns more than 9,883 acres, described by authorities as ‘worst’ in Andalusia At least 12 people have died and 23 are missing after a devastating forest fire in Los Gallardos in Spain’s southern Almeria province, public broadcaster RTVE reported Friday. The fire, described by the regional government as the “worst” in Andalusia in terms … Read more
[ Airport to be outsourced to private operator under long-term concession framework The ADB listed Pakistan among 60 nations that may face 10% to 12.5% additional US tariffs from July 24. It said recent policy developments indicate US trade restrictions are likely to remain broad despite the Supreme Court’s invalidation. photo:REUTERS ISLAMABAD: The Privatisation Commission … Read more
India and New Zealand elevated ties to a strategic partnership on Saturday, according to officials. It came as Indian Prime Minister Narendra Modi, who is in New Zealand, held “wide-ranging and productive talks” with his New Zealand counterpart, Christopher Luxon, said Indian Ministry of External Affairs spokesman Randhir Jaiswal, adding that talks included trade and … Read more
[ LAHORE: Business leaders on Friday urged the government to rationalise electricity tariffs and introduce a concessional financing scheme for solar batteries, as they inaugurated the three-day Solar & Storage Expo at the Expo Centre Lahore. United Business Group Patron-in-Chief SM Tanveer and Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Regional Chairman Zaki … Read more
One forest fire remains active at Guigba, in Kalaa Bousbaa commune of northeastern Guelma province Algeria’s General Directorate of Civil Protection recorded 119 fires in several provinces since early Thursday, affecting forests, agricultural land, and palm groves, the agency said Friday. Crews extinguished 114 of the fires and kept four others under surveillance to prevent … Read more
[ Finance ministry says debt-to-GDP ratio improves to 68.5% as govt advances reforms KARACHI: The Pakistan Stock Exchange (PSX), in collaboration with the finance ministry, hosted an investor briefing to discuss the country’s debt management strategy, Sukuk issuance and fiscal reforms, according to a statement on Friday. The session brought together senior ministry officials, PSX … Read more