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Development remains a priority: Ahsan Iqbal

Planning Minister Ahsan Iqbal on Saturday vowed that the government would not let anything derail Pakistan’s development and economic growth agenda. Chairing a crucial meeting to prioritise projects for the upcoming Public Sector Development Programme (PSDP) for 2025-26, the minister said the government had redoubled efforts to achieve economic transformation. An official announcement said t

Pakistan reopens airspace for all flights

Pakis­tan reopened its airspace for all types of flig­hts on Saturday as tensions eased with India following a ceasefire agreement. The two neighbouring nations closed their airspaces multiple times since Wednesday, when India launched missiles into Pakistan, triggering a series of hostilities. On Saturday evening, the Pakistan Airport Aut­hority (PAA) announced that the airspace has been fu

Exports to Europe rise to $6.8bn

Pakistan’s exports to European countries grew 8.18 per cent in the first nine months of the current fiscal year from a year ago, mainly due to higher shipments to western and southern states. In absolute terms, Pakistan’s exports to the European Union (EU) reached $6.782 billion in July-March FY25 from $6.269bn last year, according to data compiled by the State Bank of Pakistan. The export r

Nepra member flags power sector inefficiencies

A member of the National Electric Power Regulatory Authority (Nepra) has raised serious concerns about inefficiencies in the power system and called for urgent action to address transmission bottlenecks. In his additional note on quarterly adjustments for the period May to July 2025 applicable across all consumer categories, excluding lifeline and prepaid consumers, Nepra Member (technical) Raf

US-China talks resume as Trump hails ‘total reset’ in trade relations

Talks between top US and Chinese officials resumed for a second day on Sunday, after US President Donald Trump voiced optimism over the negotiations aimed at de-escalating trade tensions sparked by his aggressive tariff rollout. In a Truth Social post following the first day of talks in Geneva on Saturday, Trump praised the “very good” discussions and deemed them “a total reset negotiated in a