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Auto sales rise, ownership drops

[ nalysts are anticipating the automobile sector to keep its pace in the near future owing to improving macroeconomic situation and new production lines introduced by the players. photo: file LAHORE: Stakeholders in Pakistan’s automotive sector have renewed calls for a ten-year policy roadmap, warning that investors will continue to hesitate unless the government commits … Read more

Power consumers may face Rs1.20 tariff hike

[ ISLAMABAD: Electricity tariffs are likely to increase by Rs1.20 per kilowatt-hour (kWh) on account of fuel adjustment for June 2026, dealing another blow to inflation-weary consumers. The National Electric Power Regulatory Authority (Nepra) conducted a public hearing on Tuesday to consider the fuel price adjustment. The Central Power Purchasing Agency (CPPA) has filed a … Read more

Pakistan showcases textile excellence at Texworld New York City 2026

Pakistan marked a strong presence at Texworld New York City 2026, one of North America’s leading international textile sourcing exhibitions, with the inauguration of the Pakistan Pavilion at the Jacob K. Javits Convention Center in New York, according to a press release. The Pakistan Pavilion was formally inaugurated by Pakistan’s Ambassador to the United States, … Read more

Country lacks framework to fight tobacco harm

[ KARACHI: Pakistan’s public health and economic systems continue to carry the high cost of cigarette smoking while the country still lacks a coherent regulatory framework for tobacco harm reduction, speakers at an Express Tribune podcast said. The discussion, organised with the Association for Smoking Alternatives Pakistan (ASAP), brought together ASAP Chief Executive Mirza Abeer, … Read more

Helicopter crash in Argentina kills seven

Seven people died when a firefighting helicopter in Argentina’s western San Juan province crashed on Wednesday, a local official said. The Bell 412 aircraft was used to combat forest fires in San Juan’s Ischigualasto natural park. “With profound sorrow we received the news of the helicopter accident that occurred in our province, in which seven … Read more

Stocks fall 1,581 points as Gulf tensions flare

[ KARACHI: Pakistan Stock Exchange (PSX) ended Wednesday’s trading session on a weak note, where the benchmark KSE-100 index lost 1,580.90 points, or 0.89%, to settle at 176,042.99 amid renewed selling pressure. The index remained in negative territory for most of the session, moving between the intra-day high of 176,935.03 and the low of 175,631.74. … Read more

SBP to study impact of daily oil price changes

[ Chief economist says central bank should draw up plan to combat inflationary pressures ISLAMABAD: The government has directed the State Bank of Pakistan (SBP) to carry out a study to assess the impact of daily price revision of petroleum products on inflation in line with the international best practices and establish a mechanism to … Read more

US strikes Iran again as war widens with attack on Egyptian port

US-Saudi attacks marked the first time Riyadh has publicly joined strikes alongside Washington Smoke rises following explosion at an unknown location, during what U.S. Central Command (CENTCOM) says are strikes on Iran, in this screengrab taken from a handout video released on July 29, 2026. PHOTO: REUTERS The US carried out fresh strikes in Iran … Read more