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NA panel orders sugar price probe

[ ISLAMABAD: The National Assembly Standing Committee on Commerce met Monday at Parliament House under the chairmanship of MNA Muhammad Jawed Hanif Khan. I t adopted a sub-committee report on long-outstanding receivables of the Trading Corporation of Pakistan (TCP) and was informed that Rs15 billion had been released via the Ministry of Commerce to aid … Read more

Power generation stabilises after falling for two years

[ KARACHI: Pakistan’s power generation reached 127,159 gigawatt-hours (GWh) in financial year 2024-25, remaining almost unchanged as compared with previous year’s production of 127,059 GWh, according to a report released on Monday. The stability in power generation came following a decline over the past two years. Year FY25 could be divided into two parts – … Read more

Chhipa’s leap into meme culture

KARACHI: When a video of veteran humanitarian Ramzan Chhipa went viral this July, the internet didn’t know whether to laugh, cringe, or applaud. In the now-famous clip, Chhipa surprises a young boy with a birthday cake at a shop. With a film director’s precision and an unmistakable performative flair, he instructs the shopkeeper: “Write on … Read more

Israel intercepts Yemeni missile

Yemen’s Houthi group said on Tuesday it launched a ballistic missile targeting Ben Gurion Airport near Tel Aviv, escalating ongoing regional tensions. The Israeli military confirmed it had intercepted a missile launched from Yemen, following the activation of air raid sirens across multiple regions of the country. No immediate casualties or damage were reported. The … Read more

$10b UAE trade attracts private sector

[ LAHORE: Bilateral trade between Pakistan and the United Arab Emirates (UAE) has surged to $10.1 billion in FY25, according to the State Bank of Pakistan (SBP), marking a strong revival in economic ties between the two countries. This increase comes at a time when both sides are exploring new avenues of cooperation across trade, … Read more

PSX loses steam as investors book profit

[ KARACHI: The Pakistan Stock Exchange (PSX) commenced the week with lacklustre trading on Monday as the benchmark KSE-100 index lost momentum owing to profit-taking by investors ahead of expiry of July-end contracts. After fluctuating within a narrow band throughout the day, the index recorded a decrease of 379.78 points, or 0.27%, and settled at … Read more