Thursday, January 8, 2026

PM directs for ensuring availability of wheat throughout the country

ISLAMABAD: Prime Minister (PM) Imran Khan has directed to ensure availability of sufficient stock of wheat in line with the requirements of the commodity...

ExxonMobil purchases 25 percent shareholding in offshore drilling in Pakistan

Previously, Italian energy giant Eni, Pakistan Petroleum Limited (PPL) and Oil and Gas Development Company (OGDC) held 33 percent share each in offshore drilling in Pakistan

Stocks extend rally; index up 583 points

KARACHI: Bullish sentiments prevailed at the Pakistan Stock Exchange (PSX) on Thursday as indices rallied right from the beginning while volumes improved considerably from...

PTI govt foregoes Rs125b to textile, fertilizer, power industries

---Previous govt had missed its actual GIDC collection target by an average 56pc ISLAMABAD: The incumbent government has forgone approximately Rs125 billion to the owners...

Italy to provide €20.5m for GB’s economic uplift

ISLAMABAD: Italy would provide €20.5 million to support economic transformation initiatives in Gilgit-Baltistan. Economic Affairs Division Secretary Noor Ahmed and Ambassador of Italy in Pakistan Stefano...

Pakistan to take another $1.4 billion loan to curb power sector arrears

Electricity shortages have eased in the last 12 months but years of mismanagement and funding shortfalls for subsidies have led to accumulated power sector payment arrears, or “circular debt”, soaring to 1.4 trillion rupees ($10.1 billion)

Amazon’s Bezos says National Enquirer owner tried to blackmail him

WASHINGTON: Jeff Bezos, chief executive of Amazon.com Inc, has accused the owner of the National Enquirer of trying to blackmail him with the threat...

Around 835 people will be given jobs in Qatar, KP CM vows

'Interest-free loan will be provided to the youth of Miramshah to set up their businesses' Khyber Pakhtunkhwa Chief Minister Mahmood Khan announced on Saturday...

ADB assigns $335mn for Peshawar bus corridor, $100mn for investments in Sindh

ISLAMABAD The government has signed an agreement with Asian Development Bank (ADB) for a $ 435 million loan for two important projects. The loan agreement...

CDWP recommends purchase of 250 passenger coaches for Pakistan Railways

Islamabad: In a Central Development Working Party (CDWP) meeting presided by Planning Minister Ahsan Iqbal on Monday, it recommended the purchase of 250 passenger...

Pakistan, China decide to include new projects in CPEC

The Joint Coordination Committee (JCC) has agreed, in principle, to include Keti Bunder Sea Port Development project, as well as Naukuridi-Mashkhel-Panjgur road project (which...

PM Abbasi entrusts authorities with project approval power to avoid delay in projects

Islamabad: Prime Minister Shahid Khaqan Abbasi is said to have assigned his powers to relevant authorities and departments for approving development projects worth Rs30m...

Rs2,526 million released under PM’s SDG program

ISLAMABAD: As the government moves towards next general election, it has started to release development funds for special constituencies including the electorates of federal...

Stocks recover 84 points in range-bound trading

KARACHI: The Pakistan Stock Exchange (PSX) remained range bound on Friday with the KSE-100 index closing marginally in the positive amid selling pressure. Equity markets...

Political stability, policy continuation critical to Pakistan’s economic growth: Ahsan Iqbal

ISLAMABAD: Minister for Interior and Planning, Ahsan Iqbal on Tuesday urged for political stability and policy continuation to allow Pakistan’s economy to grow. After conclusion...