News

Asian Development Bank to fund climate-resilient agriculture project

The Asian Development Bank (ADB) is poised to finance a climate-resilient and low-carbon agriculture mechanisation project in Punjab, designed to enhance access to modern farming equipment for small farmers while reducing the sector’s environmental footprint. The proposed Punjab Climate Resilient and Low Carbon Agriculture Mecha­ni­­sation Project will involve the import of advanced agricultura

President assents to Land Port Authority Bill

President Asif Ali Zardari gave his assent on Saturday to the Pakistan Land Port Authority Bill, 2025, turning it into law and paving the way for the establishment of a new statutory body tasked with managing border crossings and facilitating cross-border movement. The newly created Pakistan Land Port Authority will act as a central platform for coordinating between multiple border management a

PSX extends losing streak for fourth session

The Pakistan Stock Exchange (PSX) extended its losing streak for a fourth consecutive session on Thursday, as investor sentiment remained subdued amid concerns over flooding in key agricultural regions and macroeconomic unce­rtainty. The KSE-100 index settled at 147,343.51, down 150.52 points or 0.10 per cent, after recording an intraday high of 148,042 and a low of 147,210, reflecting a volati

Inaugural NFC session put off amid flood threat

The Centre on Thursday postponed the inaugural session of the newly constituted National Finance Commission (NFC) on the request of the Sindh government “due to the impending flood situation”. A notification issued to all official and private members, as well as provincial and federal finance secretaries, said the date and time of the rescheduled meeting would be communicated later. The 11th

Lahore High Court nixes plea against PIA sale

The Lah­ore High Court’s Rawal­pindi bench has dismissed a pro bono petition, challenging the ongoing privatisation of Pakistan Inter­national Airlines Corpor­ation Limited (PIACL), ruling that the Privat­isation Commission has complied with the statutory requirements under the Privatisation Comm­ission Ordinance, 2000. The court ruling paved the way for smooth selling of the national flag carr