LAHORE: Lahore is preparing to welcome back its famous Basant festival for a second consecutive year, with Punjab Chief Minister Maryam Nawaz Sharif confirming the kite-flying celebration will take place from 12 to 14 March 2027.
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Current account gap narrows to $328 million as remittances cushion import surge
KARACHI: The current account deficit narrowed to $328 million in July, as a jump in goods exports to a 19-month high offset accelerating import growth, according to data released Tuesday by the State Bank of Pakistan.
Supreme Court orders Imran Khan’s transfer to Shifa hospital within 48 hours
ISLAMABAD: The Supreme Court of Pakistan on Tuesday ordered the government to move jailed former prime minister Imran Khan to Shifa International Hospital in Islamabad within two days, delivering a ruling his party had sought for months amid mounting concern over his eyesight and general health.
Gunshot residue found on both hands of murdered Karachi entrepreneur, forensic report reveals
KARACHI: Gunshot residue was found on both of Mir Raza Ali’s hands as well as his chest and back, according to forensic test results that have deepened the mystery surrounding the killing of the 25-year-old Karachi entrepreneur, whose death has become one of Pakistan’s most closely watched murder investigations.
Petrol, diesel prices rise as Middle East tensions keep markets on edge
ISLAMABAD: Pakistan raised retail fuel prices, with petrol jumping 5.77 rupees per litre and diesel 6.47 rupees per litre, as the government’s month-old daily price mechanism continues to reflect volatility in global crude markets tied to the conflict between Iran and the US.
Pakistan rejects Indian minister’s terror claims as ‘baseless’, points to jailed Kulbhushan Jadhav
ISLAMABAD: Pakistan’s Foreign Office has dismissed as “baseless” a claim by India’s home minister that a terror network dismantled in a nationwide crackdown last week was backed by Islamabad, accusing New Delhi of waging a “malicious campaign” against its neighbour to distract from problems closer to home.
‘A tragedy and a comedy’: Pakistan military tears into India’s Operation Sindoor documentary
ISLAMABAD: The military has launched a scathing attack on a recently released Indian documentary chronicling last year’s four-day conflict between the two nuclear-armed neighbours, dismissing it as a “propaganda video” that recasts what it called a “military blunder” as a triumph.
PPL strikes gas in Pakistan’s marshy frontier, eyes offshore reserves
KARACHI: Pakistan Petroleum Ltd. said it discovered natural gas and condensate at an exploratory well in southern Sindh province, a find the state-controlled producer described as the first from a Jurassic-era rock formation in the country’s Lower Indus Basin and a potential gateway to reserves beneath its shallow coastal waters.
Top court rules companies can offset super tax with existing credits
ISLAMABAD: The Federal Constitutional Court sided on Monday with a Chinese telecommunications giant in a ruling that could reshape how major corporations settle their tax obligations with the revenue authority, finding that companies can offset their super tax bills against available tax credits rather than being forced through a lengthier refund process.
Security forces killed six militants in twin Balochistan operations
QUETTA: Security forces killed six suspected militants in two separate operations in Balochistan on Monday, according to security officials, the latest in a string of raids the military says are part of an intensifying campaign against insurgent groups in the restive southwestern province.