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[ Experts slam tariff cap; warn it undermines localisation, strengthens import reliance KARACHI: The federal government has exempted locally manufactured hybrid electric vehicles (HEVs) with engine capacities of up to 2,000cc from sales tax, providing clarity to a segment that has faced uncertainty over the tax regime. The Ministry of Finance amended sales tax rules … Read more
[ KARACHI: Gold prices in Pakistan fell Rs3,800 per tola on Monday, tracking the decline in international bullion markets, as rising oil prices and stronger-than-expected US inflation data bolstered expectations of a possible rate hike by the Federal Reserve this week. According to the All-Pakistan Gems and Jewellers Sarafa Association, the price of gold fell … Read more
Troy E. Meink’s comments were the first public acknowledgment of American weapons in orbit. The Pentagon has been preparing for potential conflict in space with Russia or China.
Munitions expenditure caused ‘inventory shortfalls,’ exposed ‘industrial base bottlenecks’ for munitions resupply A munition is launched from a US warship at an unknown location, during what US Central Command (CENTCOM) says are strikes on Iran, in this screen grab taken from a handout video released. Photo: Reuters The first report by the Pentagon’s inspector general … Read more
Young fast bowler says England captain praised his performance and urged him to keep working hard Pakistan’s Razaullah delivered a notable performance in his Test debut against England. Photo: AFP KARACHI: Pakistan’s young pace-sensation Razaullah is taking his rapid rise in stride, drawing inspiration from England great Joe Root while keeping his sights firmly set … Read more
Fans appear to taunt Al-Hilal’s Ruben Neves by chanting the name of his late friend Cristiano Ronaldo called for life bans after rival fans taunted Al-Hilal’s Ruben Neves. Photo: AFP RIYADH: Saudi Arabian football authorities promised to take action and Cristiano Ronaldo called for life bans after rival fans taunted Al-Hilal’s Ruben Neves about the … Read more
The Times’s Science section is introducing new columns, projects and more as part of its online relaunch.
[ Oil prices rose on Tuesday as concerns over supply disruptions persisted after attacks on Saudi Arabian energy infrastructure left the kingdom’s East-West pipeline offline and cast doubt on efforts to ease shipping risks in the Gulf. Brent crude futures rose $1.37, or 1.3%, to $107.05 a barrel, while US West Texas Intermediate futures were up … Read more
[ PSX The KSE-100 index experienced seesaw movements during the outgoing week PHOTO:FILE KARACHI: Pakistan Stock Exchange (PSX) began the week on a sharply negative note on Monday as escalating Middle East tensions and concerns over oil supply triggered a broad-based sell-off, wiping out more than 2,500 points from the benchmark KSE-100 index by the … Read more
7 homes and 2 vehicles damaged in attacks on Khamis Mushait, Abha and Taif, says spokesman for Saudi-led coalition Smoke rising in the Ras Tanura oil refinery in Saudi Arabia after a drone attack, in Ras Tanura, Saudi Arabia, March 2. PHOTO: REUTERS Thirteen civilians were injured in ballistic missile and drone attacks carried out … Read more