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‘Energy affordability key for export growth’

[ LAHORE: Affordable and reliable energy is essential for Pakistan’s industrial competitiveness and export growth, Lahore Chamber of Commerce and Industry (LCCI) President Faheemur Rehman Saigol said on Wednesday, as he welcomed the Cabinet Committee on Energy’s approval of the National Integrated Energy Plan 2027-2060. “Pakistan needs an energy policy that ensures reliability, affordability and … Read more

Death toll in Colombia from magnitude 7.4 earthquake rises to 314

More than 260,000 people across 15 departments affected by most devastating quake to strike country this century The death toll from a catastrophic 7.4-magnitude earthquake that struck western Colombia has risen to 314, according to a report released on Wednesday by the National Unit for Disaster Risk Management (UNGRD). The agency confirmed that emergency teams … Read more

Australia summons Israeli ambassador over Gaza aid worker death

Australian government will not ​stop pressing Israel for justice for Zomi and her colleagues Australia’s Foreign Minister Penny Wong reacts during a question-and-answer session following her delivery of the Allan Gyngell Lecture at the Lowy Institute in Sydney, Australia. Photo: Reuters Australia summoned Israel’s ambassador on Thursday and expressed outrage at a decision by its … Read more

Oil prices up 1% to near 3-week high

[ HOUSTON: Global crude prices rose more than 1% on Wednesday and were trading near a three-week high hit during the session, as investors worried about escalating tensions in the Middle East after the United Arab Emirates decided to suspend all financial and economic transactions with Iran. Shipping through the Strait of Hormuz also remained … Read more

Trump warns of economic consequences for any country that supports Iran

Thousands of Iranian, Lebanese civilians killed in war, global markets have been shocked US President Donald Trump speaks as he hosts 16-year-old lifeguard Ryder Williams, who saved a child off the coast of Santa Cruz, California, last month, Nathaniel Rai, the child saved by Williams, and Nathaniel’s family members in the Oval Office at the … Read more

PSX dips 1,109 points over fuel price concerns

[ Index faces selling pressure as govt plans talks with refineries for diesel rate cut KARACHI: Pakistan Stock Exchange (PSX) on Wednesday gave up early gains as the benchmark KSE-100 index came under selling pressure late in the session over rising oil prices and uncertainty surrounding shipping traffic through the Strait of Hormuz. The index … Read more

Sindh enterprises offered Rs35m grant

[ ISLAMABAD: The Sindh Enterprise Development Fund (SEDF) and the United Nations Industrial Development Organisation (Unido) on Wednesday formally launched the Enterprise Grant Scheme under the European Union-funded Poverty Alleviation & Inclusive Development Across Rural Sindh (PAIDAR) programme, offering co-financed grants of up to a maximum of Rs35 million per project to enterprises in five … Read more

Stable EV policy, wider charging network crucial

[ ISLAMABAD: Policy dialogue has called for a stable electric vehicle (EV) framework and a wider charging network to accelerate affordable electric mobility across Pakistan. Indus Consortium hosted a policy dialogue titled “Electrifying Everyday Mobility: Advancing Public Transport and Two & Three-Wheelers” at the Pakistan Red Crescent late Tuesday evening. The dialogue brought together representatives … Read more