Brent crude futures rose 28 cents, or 0.4%, to $67.32 a barrel by 0330 GMT. US West Texas Intermediate crude was up 23 cents, or 0.4%, at $65.52. On Monday, Brent had risen to $67.19, the highest since April 28, buoyed by the prospect of a US-China trade deal. US-China trade talks were set to […]
The Madleen departed from Italy on June 1, aiming to bring awareness to food shortages in Gaza, which the United Nations has called the “hungriest place on Earth”. After 21 months of war, the UN has warned that the territory’s entire population is at risk of famine. “The passengers of the ‘Selfie Yacht’ arrived at […]
Some 700 Marines based in Southern California were expected to reach Los Angeles Monday night or Tuesday morning, officials said, as part of a federal strategy to quell street demonstrations opposing the immigration raids, which are a part of a signature effort of President Donald Trump’s second term. Although their mission to protect federal personnel […]
Best known for her starring role in the 1958 psychological thriller, Novak also held notable roles in classics such as “Kiss Me, Stupid” by Billy Wilder, as well as “Picnic” and “The Man with the Golden Arm”. The 92-year-old actor will be given the so-called Golden Lion for “inadvertently becoming a screen legend”, the festival’s […]
According to the budget 2025-26 proposals, the salaries and pensions of the government employees are likely to be raised. However, prospects for significant tax relief for salaried individuals appear dim, as the International Monetary Fund (IMF) has reportedly objected to maintaining the current annual tax-free income threshold of Rs1.2 million. As a result, the government […]
Later, he will lay a copy of the Finance Bill, 2025, containing the Annual Budget Statement before the Senate. Budget 2025-26 summarizes certain relief measures for salaried individuals, including a 10% salary increase for government employees and a 5% to 7.5% increase in pensions for retired civil servants. Employees in Grades 1 to 16 are […]
As part of the new improvements, the Federal Board of Revenue (FBR) is suggesting a tenfold increase in fines, through Point of Sale (POS) systems, for tax fraud, increasing penalties to PKR 5 million from PKR 500,000. Hidden businesses that maintain secret transactions besides the POS system will also experience severe legal actions. In the […]
It was decided during a meeting between Chairman PCB Mohsin Naqvi and Chief Minister Sindh Murad Ali Shah at the former’s office in Islamabad. Promotion of cricket, holding of international matches and restoration of different stadia in Sindh came under discussion during the meeting. A PCB team will visit Niaz stadium, Hyderabad next week and […]
Swedish climate activist Greta Thunberg is among 12 international campaigners aboard the Madleen. The humanitarian aid ship is a part of an effort to break Israel’s sea blockade on Gaza and raise awareness of the worsening humanitarian crisis there. According to the coalition, the rescue occurred after a group of people jumped from a deflating […]
According to a notification issued by the provincial Home Department, this reprieve does not apply to those convicted of terrorism, murder, kidnapping, or other serious crimes. The sentence reduction is only applicable to prisoners convicted of minor offenses. This news comes as Pakistan prepares to celebrate Eid al-Adha tomorrow (June 7). Earlier, the Punjab government […]
