Consensus eludes revival of real estate sector
ISLAMABAD: Prime Minister Shehbaz Sharif has deferred a decision on a tax incentive package to revive the real estate sector, as the issues of giving subsidy to boost construction activities and an amnesty on disclosing source of income remain undecided. Once again, the tax authorities opposed the proposal from a businessman to give Rs50 million […]
Hamas, Israel complete sixth hostage-prisoner swap
KHAN YUNIS, PALESTINIAN TERRITORIES: Hamas released three Israeli hostages on Saturday in exchange for hundreds of Palestinian inmates freed by Israel, completing the latest swap despite fears the Gaza truce deal was near collapse. An AFP journalist saw masked Hamas gunmen parade the hostages onto a stage before a crowd in Gaza’s southern city of […]
15 dead in India stampede to catch trains to Hindu mega-festival
NEW DELHI: At least 15 people died during a stampede at a railway station in India’s capital late Saturday when surging crowds scrambled to catch trains to the world’s largest religious gathering, a medical official told AFP. The Kumbh Mela attracts tens of millions of Hindu faithful every 12 years to the northern city of […]
Fielding, batting must improve: Rizwan
Pakistan’s white-ball captain, Mohammad Rizwan, has called for better fielding after his team’s disappointing defeat in the final of the tri-nation ODI series against New Zealand at the National Bank Stadium on Friday. After the match, Rizwan acknowledged the team’s weaknesses in the fielding department. Speaking at the post-match presentation, he said, “We need to […]
PSX recovers with gains of 1,762 points
Listen to article KARACHI: Pakistan’s stock market closed on a positive note in the outgoing week, where the KSE-100 index gained 1,762 points, or 1.6%, compared to the previous week and settled at 112,085. Investor sentiment improved as Pakistan successfully met three out of the five key fiscal conditions set by the International Monetary Fund (IMF) for […]
‘Increase local oilseed cultivation’
Listen to article KARACHI: The local edible oil industry has called for fostering the cultivation of oilseed crops such as canola, sunflower, mustard, soybean, and others, alongside adopting innovative practices. These measures are aimed at reducing dependency on imports of around 3 million metric tonnes (MMTs) of edible oil, saving valuable foreign exchange, and meeting local per […]