IMF cuts 2026 global growth forecast on Mideast war – Business

The International Monetary Fund (IMF) cut its 2026 global growth projection on Tuesday, warning that the world economy could be “thrown off course” by war in the Middle East — as the conflict roils commodity markets and sparks higher prices. The global economy is set to grow by 3.1 per cent this year, said the […]

Bulls take charge as KSE-100 rallies 5,000 points – Business

The Pakistan Stock Exchange’s (PSX) benchmark index rallied over 5,000 points on Tuesday, a day after shedding more than 6,000 points. The KSE-100 index surged by 5,043.51 points, or 3.14 per cent, to close at 165,634.84 points, from the previous close of 160,591.33 points. The index recorded an intraday low of 165,763.81 points at around […]

‘Blindsided’: US farmers strained as fertiliser costs surge on Iran war – World

North Carolina farmer estimates nitrogen fertiliser he uses rose by at least 40pc in price since war; Marshville farmer Austin says he’s “starting to question some” of Trump’s reasoning. On Andy Corriher’s farm in North Carolina, planting and preparations are underway for his corn and soybean crops — but fertiliser costs have surged on war […]

Govt announces more than 2 hours of daily loadshedding amid fuel constraints – Business

ISLAMABAD: Amid fuel constraints, the government on Tuesday formally announced more than two hours of daily loadshedding “during peak hours” to prevent a sharp increase in electricity tariffs. “The government has decided to suspend the electricity supply for about 2.25 hours daily between 5:00pm and 1:00am,” the Power Division said in a statement. “This step […]

2 policemen injured as residents protest against anti-encroachment drive in Islamabad – Pakistan

ISLAMABAD: Two policemen were injured as the Capital Development Authority’s (CDA) anti-encroachment operation in the capital’s Noorpur Shahan area was met with strong protest from residents. As the anti-encroachment drive began, enraged individuals torched two of the CDA’s vehicles in protest, with authorities resorting to tear-gas shelling to disperse the people. More police deployment was […]

Skip to content