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President asks BAFL to refund lost amount, apologise to fraud victim

ISLAMABAD: President Dr Arif Alvi has rejected representation filed by Bank Alfalah Ltd (BAFL) against decision of Banking Mohtasib directing it to send an apology to customer for enabling online transaction/payment system on his credit card without...

Dar seeks roadmap for airport outsourcing

ISLAMABAD: Minister for Finance and Revenue Senator Ishaq Dar sought roadmap with timelines to move forward for outsourcing of first airport to improve service delivery and match best international aviation practices in Pakistan. Chairing meeting of...

Pakistan eyes to enhance pharma exports to $5bn by 2030: Naveed Qamar

ISLAMABAD: Minister for Commerce Syed Naveed Qamar stressed need for collective efforts to boost pharmaceutical exports upto $ 1 billion by 2025 and by $ 5 billion by 2030 to improve exchange reserves of country. Realising export potential of pharmac...

Officials from China, Pakistan review CPEC achievements

BEIJING: Officials from China and Pakistan have reviewed achievements of China-Pakistan Economic Corridor (CPEC) over past decade. At meeting in Beijing of two countries' Special Joint Cooperation Committee, they looked to future opportunities, CGTN...

KSE-100 up 359pts as bullish wave continues

Karachi: Bullish momentum continued at Pakistan Stock Exchange (PSX) as benchmark KSE-100 Index was up 0.8 percent. However, both volume and value of shares traded declined from previous session. At close, benchmark index settled at 45,514.95, an inc...

Vast potential of investment in textile sector: Ghana HC Eric

Karachi: Ghana’s High Commissioner to Pakistan and Iran, Eric Owusu highlighted vast potential for industrialisation in Ghana during address to Korangi Association of Trade and Industry (KATI). He emphasised that Pakistani investors and industr...

Clean tech minerals market surges to $320bn: IEA

PARIS: Market for minerals key to clean energy transition soared to $ 320 billion last year but faces challenges including volatile prices, supply chain snarls and geopolitical tensions, International Energy Agency said Tuesday. Market for minerals s...

IMF approves Pakistan's $8.2bn financing gap plan

ISLAMABAD: International Monetary Fund (IMF) accepted $ 8.2 billion financing gap plan presented by Ministry of Finance, citing sources. "Pakistan's external financing target has now been set between Finance Ministry and IMF thus setting aside threat...

Pakistan eyes GCC's $40bn investment in agri sector in five years

ISLAMABAD: Prime Minister Shehbaz Sharif said government aimed to fetch investment of billions of dollars from Gulf Cooperation Council (GCC) countries into country's food and agriculture sector In tweet, he said, GCC countries imported food items an...

Digital economy vital for sustainable development: Ahsan Iqbal

BEIJING: Minister for Planning Development and Special Initiatives Ahsan Iqbal shed light on importance of growing digital economy, termed digital economy is vital to ensure sustainable development of country. He is on four-day visit to China. Speaki...

NC Big Stories

Karachi’s New Master Plan 2047 Faces Unseen Urban Hurdles

KARACHI: As Karachi’s planners speak of a vision for 2047 the city’s current state stands as a cautionary tale. Decades of unregulated construction ignored zoning laws and unchecked expansion have left Karachi suffocating under its own ur...

Zohran Mamdani becomes New York City's first Muslim mayor

Zohran Mamdani, a 34-year-old democratic socialist, won the New York City mayoral race on Tuesday, capping a meteoric rise from a little-known state lawmaker to one of the country's most visible Democratic figures. Mamdani will become the first Musli...

Sindh Wildlife Department announces regulations, bans quail netting, permits mandatory

KARACHI: The Sindh Forest and Wildlife Department has officially announced the commencement of the 2025–26 hunting season across the province. According to a notification issued by the department, hunting of game birds will be permitted fr...

SHC issues notice on illegal constructions worth Rs1bln in Karimabad Society

KARACHI: The Sindh High Court has issued notices to the Sindh Building Control Authority (SBCA) and other concerned parties regarding alleged illegal constructions on plots in the Ismailia Multi-Purpose Cooperative Society Limited in Karimabad. The c...
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