With corruption curbed, sustainable practices, seafood industry can once again be a foreign exchange earner Due to illegal and overfishing by trawlers within the 12-nautical-mile zone, the fisherfolk and their children are dying of hunger and are being burdened by heavy loans from loan sharks that they may never be able to pay throughout their…
U.S. President Donald Trump and CEO of Ford Jim Farley clap, as President Trump visits a Ford production center, in Dearborn, Michigan, U.S., January 13, 2026. Evelyn Hockstein | Reuters DETROIT — The only consistency has been inconsistency for the U.S. automotive industry during the first half of this decade — a trend that’s expected…
Alex Jech walks past equipment that will become part of the production line at USA Rare Earth’s facility in Stillwater, Oklahoma on June 20, 2025. Nick Oxford | The Washington Post | Getty Images The United States is planning to inject $1.6 billion into Oklahoma-based miner USA Rare Earth and will receive a 10% stake…
Yellow metal tops Rs521,000/tola; white metal crosses Rs10,800 as rally intensifies KARACHI: Gold prices in Pakistan scaled another record high on Saturday, tracking a powerful rally in international bullion markets driven by geopolitical tensions, safe-haven demand, and speculative momentum. In the local market, the price of gold per tola rose by Rs6,500 to reach Rs521,162,…
ISLAMABAD: The maritime sector posted a record profit of Rs100 billion ($360 million) in 2025 after a year of sweeping reforms that improved port efficiency, reduced costs and cleared long-delayed policies aimed at positioning the country as a regional trade and logistics hub. It was stated by Federal Minister for Maritime Affairs Muhammad Junaid Anwar…
Shares. PHOTO: FILE KARACHI: Pakistan’s equity market extended its bullish momentum for a second consecutive week, with the benchmark KSE-100 index closing at a fresh all-time high of 189,167, posting a 4,068-point gain (+2.2% week-on-week), as improving macro signals and policy expectations reinforced investor confidence. Market sentiment was underpinned by a combination of easing geopolitical…
LAHORE: Pakistan’s first national SME cluster exhibition was inaugurated at the Expo Centre Lahore, with officials describing it as a step toward structured small business development and export readiness, as per a statement released on Saturday. The exhibition, titled “Made in Pakistan – SME Cluster Showcase Expo 2026”, was inaugurated by the Prime Minister’s Special…
Signage ahead of the Nvidia Live event at CES 2026 in Las Vegas, Jan. 5, 2026. Bridget Bennett | Bloomberg | Getty Images Nvidia director Persis Drell, an engineering professor at Stanford, resigned on Wednesday after just over a decade on the chipmaker’s board of directors, the company said in a filing with the SEC…
. LAHORE: Punjab has launched a climate-smart mechanisation programme backed by the Asian Development Bank (ADB), offering subsidised farm machinery to cut production costs and raise crop yields. The initiative, titled *Transforming Punjab’s Agriculture through Climate Smart Mechanisation, was inaugurated on Friday by Parliamentary Secretary for Agriculture Usama Khan Laghari. Under the programme, Rs36.12 billion…
Cooling inflation, stronger growth indicators fuel expectations of up to 75bps cut State Bank of Pakistan. Photo: File KARACHI: After nearly four years of double-digit interest rates, Pakistan appears poised for a symbolic and economically significant shift, with expectations building that the State Bank of Pakistan (SBP) may bring the policy rate back into single-digit…