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FIFA scraps private investment plan

FIFA President Gianni Infantino says the global football governing body is scrapping a controversial proposal to allow private investment in marquee events. Photo: AFP/File PARIS: FIFA president Gianni Infantino said on Saturday he has scrapped a plan to allow private investment in the World Cup following fierce backlash from football officials worldwide. “Our purpose has … Read more

FTO pushes faceless refund system

[ FBR’s FIFO policy cannot override taxpayer rights, Ombudsman rules after Rs42.86m refund delay ISLAMABAD: The Federal Tax Ombudsman has recommended that the Federal Board of Revenue (FBR) introduce a faceless income tax refund system to enable electronic transfer of refunds directly into taxpayers’ bank accounts after automated verification of eligible claims. The recommendation was … Read more

Climate forum planned to cut wheat imports

[ National forum to tackle food security as minister outlines livestock exports, seed certification push ISLAMABAD: Pakistan and the Food and Agriculture Organisation (FAO) have agreed to organise a National Climate Forum to strengthen climate action in agriculture, as the country seeks to build resilience against the impacts of climate change despite its negligible contribution … Read more

Jam Kamal orders transparent trade body elections

[ ISLAMABAD: Commerce Minister Jam Kamal Khan has directed the Director General Trade Organisations (DGTO) to ensure that the upcoming nationwide elections of chambers of commerce and trade associations are conducted in a transparent, fair and credible manner through strengthened monitoring, digitalisation and institutional reforms, according to a statement on Friday. Addressing the media after … Read more

India’s Modi says punishing student protesters will not resolve situation

the cockroach janta party protests have emerged as one of the biggest challenges to prime minister narendra modi s government photo afp

Authorities file cases against hundreds of demonstrators after some clash with forces, shouted abusive slogans ​at PM The Cockroach Janta Party protests have emerged as one of the biggest challenges to Prime Minister Narendra Modi’s government. PHOTO:AFP Indian Prime Minister Narendra Modi said he wanted to forgive students who hurled expletives at him during protests … Read more

Gold up Rs3,000 despite global dip

[ KARACHI: Gold prices in the local market increased on Friday even as international rates declined, with the yellow metal still heading for its first monthly gain in five months. According to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola rose by Rs3,000 to Rs430,436. Ten-gram … Read more

US-backed Venezuela talks to begin without opposition leader Machado

Jorge Rodriguez, Dinorah Figuera will lead negotiations to remake country’s political system amid eventual elections Venezuelan opposition leader Maria Corina Machado speaks during a visit at the National Assembly in Panama City, Panama, May 25, 2026. PHOTO: REUTERS United States-backed negotiations between Venezuela’s interim government and a faction of the opposition will begin in the coming days, with the country’s most … Read more