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Prime Minister Shehbaz Sharif on Wednesday met a delegation of renowned industrialists and prominent business personalities in the country, including Mian Muhammad Mansha and Arif Habib, for consultation on the upcoming federal budget for FY 2026-27. The delegation included Mian Muhammad Mansha, Arif Habib, Atif Bajwa, Muhammad Ali Tabba, Musadaq Zulqarnain, Ziad Bashir, Shahzad Salim, Zailaf Munir, Omar Saeed, Umer Mansha, Yusuf Saeed, Kamran Arshad, Khurram Mukhtar, Asif Peer, Sultan Gohar Ijaz, Fawad Anwar, Zulfiqar Hayat, Javed Iqbal, Yusuf Hussain, Amir Ibrahim, Khawaja Masood Akhtar, and Ijaz Nabi. According to a statement, PM Shehbaz welcomed the delegation, terming the industrialists…

The CGGC Dasu Hydropower Project celebrated Children’s Day by welcoming students from the local community for a day of educational, cultural, and recreational activities aimed at promoting learning, creativity, and community engagement. The event brought together young students who participated in interactive games, enjoyed refreshments, and received exposure to the ongoing hydropower project and its importance for Pakistan’s energy development. A special Chinese language session was also organized, introducing students to basic Chinese language and culture in an engaging and friendly environment. Picture provided to Gwadar Pro by Energy China Students and teachers appreciated the arrangements and described the event…

Gulf hostilities flared anew on Wednesday, with the US military saying Iranian missile ​attacks on Bahrain, Kuwait and other regional targets were either thwarted or failed, as diplomacy between Washington and Tehran showed little progress. Two Iranian missiles shot at Kuwait fell short ‌or broke apart in flight, while several ballistic missiles aimed at regional targets failed and three missiles heading for Bahrain were intercepted, US Central Command said. Since the conflict began in late February, Iran has repeatedly attacked targets in the Gulf region where US military bases are located. Central Command said the US military also downed Iranian…

UN Secretary-General Antonio Guterres has written to UN Security Council members stressing the need ​for a continued uniformed UN presence in Lebanon after the mandate of the UN Interim ‌Force in Lebanon (UNIFIL) expires at the year-end. Guterres outlined three options to replace the 7,500-strong UNIFIL in a letter to the 15 members of the Security Council dated Monday and seen by Reuters. They ranged from a light presence with limited capabilities to ​ a more robust force with broader monitoring and de-escalation capabilities, and from around 1,980 to ​5,525 uniformed personnel. The letter included the following details: Guterres noted…

President Asif Ali Zardari and Prime Minister Muhammad Shehbaz Sharif, Tuesday, commended the security forces for conducting successful intelligence-based operations in various districts of Balochistan and praised their professionalism and bravery. The president lauded the effective counter-terrorism operations carried out in Mastung, Noshki, Zehri, Khuzdar and Kech districts, which resulted in the elimination of 17 terrorists, the President Secretariat Media Wing said in a press release. He reiterated that the complete eradication of the menace of terrorism, sponsored and supported from outside, remained a top priority. President Zardari emphasized that the nefarious designs of Fitna al-Hindustan and its facilitators would…

ISLAMABAD: Pakistan’s federal budget is not likely to be presented on June 5, a government source and local media said on Wednesday, mainly as some fiscal measures have not been settled with the International Monetary Fund. The budget might be presented on June 10, the source and Geo News TV said. The government source sought anonymity because he was not authorised to disclose the information. The June 5 parliamentary session will proceed as scheduled, providing a platform for both the government and the opposition to debate the budget, the source said. The government has not given any reason yet for the delay.…

Selling pressure was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding over 500 points during the opening minutes of trading on Wednesday. At 9:40am, the benchmark index was hovering at 170,499.45, down by 522.32 points or 0.31%. Selling was observed in key sectors, including automobile assemblers, cement, commercial banks, fertilizer, oil and gas exploration companies, OMCs, power generation and refinery. Index-heavy stocks, including MARI, PSO, HUBCO, POL, MCB, MEBL and NBP, traded in the red. In a key development, it was learnt on Tuesday that the federal government will present its budget for the financial…

KYIV: Russia pounded Ukraine with hundreds of drones and dozens of missiles early ​on Tuesday, killing 23 people and wounding 130, and President Volodymyr Zelenskiy said Moscow could launch a new assault for the second night in a row. The strikes on cities including ‌Kyiv and Dnipro followed Russian warnings of “systematic” attacks on the capital after a drone attack on a dormitory in Ukraine’s Russian-held region of Luhansk last month. Kyiv denies targeting the dormitory. It was the third heavy assault on Kyiv in under a month, but Russia has been relentlessly attacking Ukrainian cities, including Kyiv, since it invaded its smaller neighbour…

TOKYO: Severe tropical storm Jangmi ripped across ​Japan on Wednesday morning, with fierce winds and torrential rain ‌disrupting transport and businesses, and knocking out power for tens of thousands of homes. The storm’s centre lay off the central, main island of Honshu, tracking ​northeast towards the greater Tokyo region with maximum sustained winds ​of up to 25 metres (82 feet) per second, Japan’s ⁠Meteorological Agency said, adding that some areas along the Pacific coast ​are at an increasing risk of “life-threatening disasters”. The storm, with a central ​pressure of 980 hPa, has cut power to nearly 60,000 households so far,…

As China’s demand for high-quality and nutritious food products continues to grow, Pakistani pine nuts are emerging as a promising export with significant market potential. Harvested from the pristine mountainous regions of northern Pakistan, these premium nuts are renowned for their rich flavor, high nutritional value, and natural cultivation methods. Despite their superior quality and geographical proximity to China, Pakistani pine nuts currently account for only a modest share of China’s rapidly expanding premium nut market. Pakistan’s chilgoza (pine nut) forests are concentrated in North and South Waziristan, along with parts of Balochistan, Khyber Pakhtunkhwa, and Gilgit-Baltistan. According to Amjad…