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There are apprehensions that some exporters keep part of their proceeds overseas by understating the value of their goods or bringing some as exports of services to avoid income tax, according to sources. photo:file KARACHI: The US-Iran war is clouding positive developments for Pakistan, including the S&P Global’s upgrade of the sovereign rating from B- … Read more

Film lands second-biggest opening in history with North America earnings of $355m Spider-Man: Brand New Day has delivered one of the biggest box office debuts in cinema history, earning a staggering $355 million in its opening weekend across North America to secure the second-largest domestic opening of all time, behind only Avengers: Endgame. The Marvel … Read more

Funding shortfalls and bureaucratic hurdles plague the decade-old water supply initiative Karachi’s much-delayed K-IV water supply project remains incomplete a decade after its 2016 launch, plagued by bureaucratic hurdles and funding shortfalls that threaten to render the 260-million-gallon-per-day initiative meaningless against rapid population growth. According to official project details, the main route spans a massive … Read more

Pakistan’s Asim Khan upset top seed Noor Zaman to book his place in the semi-finals of the PN Fleet Club Open International Squash Championship on Sunday, while compatriot Nasir Iqbal also advanced after a hard-fought quarter-final victory at the Pakistan Navy Roshan Khan-Jahangir Khan Squash Complex. Asim produced a spirited comeback after dropping the opening … Read more

Rana Sana defends polling process, says only three violence incidents reported and rejects PPP rigging allegations Defence Minister Khawaja Asif on Sunday expressed confidence that Pakistan Muslim League-Nawaz (PML-N) would form the next government in Azad Jammu and Kashmir (AJK), saying the polling process was peaceful and turnout was encouraging. Talking to the media during a visit to … Read more

Israeli warplanes carried out separate strikes across the enclave in the northern Gaza City A woman stands near destroyed tents sheltering already displaced Palestinians, following an overnight Israeli strike on a medicine warehouse, according to medics, in Deir al-Balah, in the central Gaza Strip, August 1, 2026. PHOTO: REUTERS Israeli airstrikes continued in Gaza for … Read more

Muawiya, the mastermind behind the Hangu check post attack, was also killed during the operation Security forces killed 10 terrorists in separate Intelligence-Based Operations (IBOs) in Khyber-Pakhtunkhwa (K-P) under Operation 11 Gurj, security sources said on Sunday. According to the Associated Press of Pakistan APP, security forces continued conducting IBOs under Operation 11 Garaj across K-P, targeting terrorists’ … Read more

DIG Malakand says suicide bomber attempted to enter police station but was stopped by police officer At least seven people were killed and 18 others injured in a suicide blast outside the gate of Kabal police station in Swat district, Khyber-Pakhtunkhwa (K-P) on Sunday, police said. “Seven people were killed and 18 others were seriously injured … Read more

Tiny atmospheric changes can snowball into major typhoon track shifts, hindering long-range forecast accuracy In recent years, AI-based meteorological forecasting has gained traction, significantly improving the efficiency of weather prediction through effective computing capabilities. PHOTO: PEXELS Chinese researchers have developed a new typhoon forecasting system that integrates artificial intelligence (AI) technologies with atmospheric dynamics principles … Read more

ZURICH: Gianni Infantino’s position as FIFA president looks untenable following his failed plan to sell a stake in the World Cup’s commercial rights, the head of Europe’s professional football ‌leagues said on Sunday. Claudius Schaefer, whose organisation represents 53 professional men’s and women’s football leagues, said there could be “only one consequence” for Infantino after his plan … Read more