Pakistan made a flying start to their three-match play-off series against Bangladesh, cruising to an 8-2 victory in Thursday’s opener at Dhaka’s Maulana Bhashani Hockey Stadium. Afraz and Nadeem Ahmed each scored twice for the visitors, while Ammad Butt, Ghazanfar Ali, Waheed Ashraf Rana, and Hannan Shahid also found the net. Bangladesh’s Hozifa Hossain and…
Truck reversed 28 metres, then sped into market after sudden acceleration, driver tells officials Still from video footage showing truck in the market. PHOTO: REUTERS A light truck crashed into a market in South Korea on Thursday, ploughing 150 metres (164 yards) along a passageway lined with stalls before coming to a halt, killing two…
In his resignation, Justice Shah terms 27th Amendment ‘grave assault’ on Constitution Justice Mansoor Ali Shah (L) and Justice Athar Minallah (R). Photo: Files The senior-most judges of the Supreme Court, Justices Mansoor Ali Shah and Athar Minallah, have tendered their resignations following the approval of the 27th Constitutional Amendment by Parliament. In his 13-page…
Army, Air Force, Navy acts amended to create Chief of Defence Forces, new top ranks The National Assembly approved amendments to the Pakistan Army Act, 1952, Pakistan Air Force Act, 1953, and Pakistan Navy Ordinance, 1961, with a majority vote to bring the laws governing the armed forces in line with the 27th Constitutional Amendment….
President Asif Ali Zardari. Photo: PID President Asif Ali Zardari has signed the 27th Constitutional Amendment Bill, which had already been approved by both houses of Parliament. With this signature, the bill has now become part of the Constitution. The Senate approved the 27th Constitutional Amendment bill after a second round of voting on Thursday,…
The budget plans to take on new debt of Rs11 trillion. This will be added to the already crippling level of existing debt, which stands at Rs76 trillion. photo: file LAHORE: Pakistan’s growing foreign debt burden continues to weigh heavily on the national economy, with the country paying billions of dollars annually in interest to…
The proposed tariff hike would have increased the monthly bill of Rs5,095 for fifth slab and Rs9,128 for sixth slab. Photo: File ISLAMABAD: The government is set to give the go-ahead to switch over to a new model of quarterly gas price notifications instead of the current six monthly announcements of tariff revisions. The new…
ICMC 2025 underscores regional integration, Islamic finance innovation and women’s inclusion in capital market reform KARACHI: Pakistan Stock Exchange (PSX) CEO Farrukh H Sabzwari highlighted the Pakistan-China cross-border Exchange-Traded Fund (ETF) initiative as one of the most promising developments in the country’s capital market. “These agreements will enable us to take the next step toward…
Minister of State for Finance Ali Pervaiz Malik. ISLAMABAD: The government of Pakistan, in collaboration with the embassy of France in Pakistan, hosted a webinar titled “Pakistan’s Minerals Economy: Gateway to Growth” to highlight the country’s vast mineral resources and promote investment opportunities for French companies and investors in the mineral and mining sector. The…
Private sector-led initiative strengthens energy infrastructure, signals renewed investment under SIFC reforms ISLAMABAD: The second US crude cargo has landed in Pakistan, opening a new area of cooperation between Pakistan and the United States (US). Pakistan has traditionally imported oil from the Middle East, with Saudi Arabia being the largest crude oil exporter to the…
