Beyond stabilisation – Newspaper – DAWN.COM

PRIME Minister Shehbaz Sharif is right to note that the US-Iran conflict has adversely affected Pakistan and other regional economies. It is no surprise that wars, energy disruptions and geopolitical uncertainty hurt fragile economies like Pakistan. However, his emphasis — often repeated by our economic managers — on ‘stabilisation’ raises a critical question. This is […]
Gwadar varsity VC, officials untraceable even after 48 hours – Pakistan

QUETTA: Despite the passage of more than 48 hours, no clue has been found regarding the vice chancellor, pro-vice chancellor, and two other employees of Gwadar University who went missing while travelling to Quetta from the port city of Gwadar on Friday. Vice Chancellor Prof Dr Abdul Razzaq Sabir (Sitara-i-Imtiaz), Pro-Vice Chancellor Prof Dr Syed […]
LHC quashes super tax on sale of inherited land – Pakistan

• Rules extra levy can’t be applied if primary capital gains tax is zero• Notes that administrative circulars can’t override law; cites FCC ruling limiting scope of super tax• Dismisses FBR claim that wealth overrides tax exemptions RAWALPINDI: The Lahore High Court has ruled that a super tax under Section 4C of the Income Tax […]
Khamenei casts resistance as national creed – Newspaper

• Araghchi says uranium issue off the table for now• Pezeshkian seeks ‘strategic cooperation’ with Iraq• 11 Pakistanis, 20 Iranians being repatriated from US-seized ships, says Dar• Riyadh floats idea of non-aggression pact between Gulf nations, reports FT IRAN’s Supreme Leader Ayatollah Mojtaba Khamenei on Friday hailed the country’s “courageous resistance” as having strengthened Tehran […]
Punjab relaxes market timing curbs till June 1 – Newspaper

• Decision comes in response to traders’ protests, appeals by shopping malls association and general public• Lahore Chamber of Commerce welcomes move, describes it as ‘important business-friendly’ step• Khyber Pakhtunkhwa governor, CM resolve to ease restrictions in their province as well LAHORE: Responding to traders’ protests and appeals by the shopping malls association and general […]
Iran’s foreign minister warns US of rising economic costs from ‘war of choice’

Pezeshkian expresses appreciation to Pope Leo for his ‘moral and logical stance on military aggressions against Iran’ Iran’s Foreign Minister Abbas Araghchi looks on after he delivered a speech during a session of the United Nations Conference on Disarmament, on the sideline of a second round of US-Iranian talks with Washington in Geneva, on February […]
South Korea opposes Iran’s reported plan to charge Hormuz transit fees

Hwang Jong-woo says waterway is an international shipping route where free navigation must be guaranteed South Korea flag. PHOTO: ANADOLU AGENCY South Korea’s oceans minister is opposed to Iran’s reported move to impose fees on ships passing through the strategically vital Strait of Hormuz, calling the action a violation of international law, media reports said […]