PM Shehbaz reaffirms support to Iran in call with President Pezeshkian

The premier urged dialogue for de-escalation as both leaders stressed the need for unity in the Muslim Ummah Iranian President Dr Masoud Pezeshkian on Tuesday appreciated Pakistan’s consistent and principled support during the recent Middle East crisis, as Tehran and Tel Aviv agreed to a US-brokered ceasefire. The appreciation came during a telephonic conversation with…

Read More

India’s subsidised rice fails to dent Pakistan’s exports

LAHORE: Despite India’s heavy subsidies on exports, Pakistan’s rice shipments remained largely unaffected due to a strategy adopted by local exporters that prioritised agility and quality. India recently re-entered the international rice market after a two-year hiatus imposed to ensure domestic food security. The lifting of export bans by New Delhi generated considerable excitement in…

Read More

UK plans to increase control over Google in search

Britain’s Competition and Markets Authority (CMA) said on Tuesday it was proposing to designate Google with “strategic market status” to give it greater control over how the United States tech giant operates search services, according to a report by Reuters. According to a press release by the CMA, Britain’s competition regulator, Google search accounts for more than 90…

Read More

Finance Minister Aurangzeb unveils measures to offset impact of relief to salaried class

• Tax on income derived from dividends raised to 29pc• 20pc tax proposed on profits from investments in government securities• FED of Rs10 imposed on one day-old chicks• No changes to voluntary pension regime; tax on pensions won’t apply to commutation & gratuity amounts ISLAMABAD: As the government announced a modest tax relief for the…

Read More

Israel reports waves of Iranian missiles, soon after Trump announced ‘ceasefire’

Israel’s military said Iran launched waves of missiles on Tuesday, with emergency services reporting four people killed, hours after US President Donald Trump announced a complete ceasefire between Israel and Iran to end a 12-day war. Witnesses said they heard explosions near Tel Aviv and Beersheba in southern Israel. Israel’s military said six waves of missiles…

Read More